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Global Thermoelectric Generator Market Expected to Grow at a CAGR of 14% During 2017-2022

Global Thermoelectric Generator Market by Source, by Material, by Power, by Temperature, by End User, by Region - Forecast to 2022


Pune, India -- (SBWIRE) -- 06/19/2017 -- Market Scenario
Thermoelectric generator converts the heat into electrical energy. Increasing demand for fuel efficiency and stringent emission regarding carbon from the government has boosted the market for thermoelectric generator. Automotive segment has largest share in the thermoelectric generator market, due to increase in the automotive manufacturing across the globe. The growth in global thermoelectric generators market is likely to be challenged by factors such as high price and low efficiency of the thermoelectric generator. The global thermoelectric generator market is expected to show a growth at CAGR of about 14% from 2016 to 2021.

Market Segments
Global Thermoelectric Generator Market can be segmented as follows:
-Segmentation by Source: Waste Heat Recovery, Energy harvesting, Direct Power Generation, and Co-generation
-Segmentation by Material: Bi-Te, Pb-Te
-Segmentation by Power: <10 W, 10- 1kW, and >1kW
-Segmentation by Temperature: <100°C, 100-500°C, and >500°C
-Segmentation by End User: Automotive, Aerospace & Defence, Industrial, Sensors

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Study Objective of Thermoelectric Generator Market
-To provide detailed analysis of the market structure along with forecast for the next five years of various segments and sub-segments of the global Thermoelectric generator market
-To provide insights about factors affecting the market growth
-To analyze the global Thermoelectric generator market based on various factors such as supply chain analysis, and Porter's five forces analysis
-To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries - North America, Europe, Asia-Pacific, and ROW.
-To provide country level analysis of the market with respect to the current market size and future prospective
-To provide country level analysis of the market for segment by source, material, power, temperature, end user and region.
-To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
-To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global thermoelectric generator market

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Key Players:
The key players of Global Thermoelectric generator Market report include-
-Gentherm, Inc.
-II-VI Incorporated
-Ferrotec Corporation
-Laird PLC
-Komatsu Limited
-Yamaha Corporation
-Evident Thermoelectrics
-Alphabet Energy
-Tellurex Corporation

Target Audience
-Thermoelectric generator manufacturer/dealer/supplier.
-Raw material Provider
-Government and research organization
-Investment bankers and M&A Consultants

Regional Analysis of Thermoelectric Generator Market:
North American region held the largest share of the global thermoelectric generator, followed by the Asia-Pacific. Asia-Pacific is expected to grow at highest CAGR for the thermoelectric generator market. Increased demand of thermoelectric generators by automotive industries to increase the fuel efficiency and increased industrialization in the region is expected to drive the thermoelectric generator market.