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Thermoelectric Cooler (TEC) Modules, Global Market Size Forecast, Top 16 Players Rank and Market Sha | |
Thermoelectric refrigeration module (TEM), also known as thermoelectric refrigerator or thermoelectric refrigeration device, the English name is Thermo-electric modules. Thermoelectric refrigeration modules are semiconductor devices composed of many tiny but effective heat pumps. By loading a low DC voltage on both ends of the thermoelectric cooler, heat will flow from one end of the element to the other. At this time, the temperature of one end of the refrigerator will decrease, while the temperature of the other end will increase at the same time. Changing the direction of the current changes the direction of the heat flow and transports the heat to the other end. Thermoelectric refrigerators can also be called solid-state heat pumps. A thermoelectric refrigerator can achieve both cooling and heating functions at the same time. By changing the direction of the current, the refrigeration chip can have cooling and heating functions; by changing the size of the current, the cooling temperature will be different, and the thermoelectric refrigerator can be used for precise temperature control. According to the new market research report “Global Thermoelectric Cooler (TEC) Modules Market Report 2023-2029”, published by QYResearch, the global Thermoelectric Cooler (TEC) Modules market size is projected to reach USD 1.92 billion by 2029, at a CAGR of 10.6% during the forecast period. According to QYResearch Top Players Research Center, the global key manufacturers of Thermoelectric Cooler (TEC) Modules include Ferrotec, II-VI Marlow, KELK Ltd., Laird Thermal Systems, Guangdong Fuxin Technology, Z-MAX, RMT Ltd., Thermion Company, CUI Devices, Crystal Ltd, etc. In 2022, the global top five players had a share approximately 52.0% in terms of revenue. Market Drivers: Increased awareness of environmental protection: As awareness of environmental protection increases, the demand for efficient and energy-saving refrigeration technology is also increasing. As a technology that can convert thermal energy into electrical energy to achieve refrigeration, thermoelectric refrigerator modules have the advantages of low energy consumption and no pollution, and have attracted more and more attention and favor. Energy conservation and emission reduction policy support: Governments of various countries have introduced a series of energy conservation and emission reduction policies to encourage companies to adopt efficient and energy-saving refrigeration technology to reduce energy consumption and environmental pollution. This kind of policy support provides a good development environment for the thermoelectric refrigerator module industry. Growth of the electronic product market: As the electronic product market continues to expand and upgrade, the demand for small, efficient refrigeration equipment is also increasing. Thermoelectric cooler modules are favored by electronic product manufacturers due to their small size and high cooling efficiency, which are suitable for small cooling applications in electronic products. Restraint: Technical challenges: Currently, there are technical problems such as high preparation costs, low efficiency, and poor stability of thermoelectric materials, which limit the large-scale commercial application of thermoelectric refrigerator modules. Cost factors: At present, the cost of thermoelectric refrigerator modules is relatively high, mainly due to the expensive price of thermoelectric materials and complex manufacturing processes. The high cost limits the competitiveness of this technology in large-scale applications, especially as the prices of some traditional refrigeration technologies continue to fall. Performance limitations: At present, the refrigeration efficiency of thermoelectric refrigerator modules still lags behind traditional compression refrigeration technology. Although it has advantages in small refrigeration applications, its refrigeration capacity and efficiency still need to be improved in large refrigeration systems. For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com QYResearch founded in California, USA in 2007. It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.  | |
| Target State: All States Target City : All Cities Last Update : 15 April 2024 7:24 AM Number of Views: 11 | Item Owner : Joyce Contact Email: Contact Phone: 13051817187 |
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2024-04-16 (0.582 sec)