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市場調查報告書
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1766159

2032 年熱電模組市場預測:按材料類型、模組類型、類別、功能、最終用戶和地區進行的全球分析

Thermoelectric Module Market Forecasts to 2032 - Global Analysis By Material Type (Bismuth Telluride, Lead Telluride, Silicon-Germanium, Skutterudites and Other Material Types), Module Type, Category, Functionality, End User and By Geography

出版日期: | 出版商: Stratistics Market Research Consulting | 英文 200+ Pages | 商品交期: 2-3個工作天內

價格

根據 Stratistics MRC 的數據,全球熱電模組市場規模預計在 2025 年將達到 9.426 億美元,到 2032 年將達到 19.325 億美元,預測期內複合年成長率為 10.8%。熱電模組是固體元件,利用珀爾帖效應產生溫差,或利用席貝克效應將熱能直接轉換為電能。該裝置由陶瓷板夾在半導體材料製成的熱電偶之間。熱電模組無需任何活動部件或冷媒即可運行,因此性能可靠、結構緊湊且環保。熱電模組常用於能源採集、加熱和冷卻應用。

根據Volza的印度進口數據,2023年10月至2024年9月期間,印度進口了73個熱電模組,每筆訂單的出貨量從1台到2,000多台不等。

電動和混合動力汽車汽車的成長

電動車和混合動力汽車的快速擴張是熱電模組市場的主要驅動力。這些汽車擴大將熱電模組用於電池溫度控管、座艙溫度控制和廢熱回收,這對於提高效率和安全性至關重要。此外,隨著全球汽車製造商致力於減少排放氣體和提高能源利用率,對先進溫度控管解決方案的需求也不斷成長。消費者對清潔汽車日益成長的偏好以及日益嚴格的環境法規也推動了這一趨勢,使得熱電模組成為下一代汽車技術的重要組成部分。

比傳統系統高成本

與傳統的冷氣和暖氣系統相比,熱電模組的高成本是市場成長的主要限制因素。這些模組需要使用諸如碲化鉍和鍺等昂貴的材料,而且製造程序複雜繁瑣。此外,營運和維護成本高昂,這使得它們對價格敏感的市場缺乏吸引力。這一成本壁壘限制了它們的廣泛應用,使熱電模組主要局限於其獨特優勢大於成本的高價值應用領域。

穿戴式裝置和醫療用電子設備的興起

穿戴式裝置和醫療用電子設備市場的成長為熱電模組的應用帶來了巨大的機會。這些設備需要精確的溫度控制,以確保使用者舒適度和設備可靠性,尤其是在攜帶式和植入式醫療應用中。此外,家用電子電器追求更小尺寸和更高性能的趨勢正在推動微型熱電解決方案的創新。隨著對智慧醫療設備和先進穿戴式裝置的需求不斷成長,熱電模組在佔領新的細分市場和支援未來技術進步方面佔據有利地位。

高溫應用的局限性

熱電模組在高溫環境下存在局限性,這威脅著其在工業和能源密集型領域的廣泛應用。重複的熱循環和極端溫度會降低其可靠性和使用壽命,尤其是在工業廢熱回收和汽車排氣系統等應用中。這可能會限制其在某些高價值市場的實用性,並迫使最終用戶尋求替代解決方案,從而減緩熱電技術的整體市場成長。

COVID-19的影響

新冠疫情對熱電模組市場產生了多方面的影響。儘管全球封鎖措施擾亂了製造業和供應鏈,尤其是在中國大陸、日本和台灣等關鍵地區,但醫療保健領域(用於疫苗儲存)以及IT領域(用於支援遠距辦公的資料中心)對熱電模組和冷卻器的需求激增。向遠端辦公的轉變以及對數位基礎設施的日益依賴,部分抵消了汽車和家用電子電器產業的下滑,導致市場動態出現暫時但顯著的重組。

預計預測期內單級模組部分將佔最大佔有率。

預計單級模組市場將在預測期內佔據最大市場佔有率。其主導地位源自於其多功能性、易於製造以及適用於從家用電子電器到生物醫學醫療設備的廣泛應用。此外,單級模組在性能和成本之間實現了良好的平衡,使其成為滿足大多數商用和工業需求的理想選擇。主要製造商持續的產品創新進一步鞏固了其在細分市場的領先地位。

預計發電部門在預測期內將以最高複合年成長率成長

在預測期內,發電領域預計將實現最高成長率,這得益於人們對廢熱回收和可再生能源發電日益成長的興趣。此外,對永續能源解決方案的投資不斷增加以及環境法規的加強正在加速其應用。隨著各行各業尋求減少碳足跡並提高能源效率,用於發電應用的熱電模組正變得越來越有吸引力。

比最大的地區

預計亞太地區將在預測期內佔據最大的市場佔有率。這一領先地位得益於強大的製造能力,尤其是中國、日本和韓國,以及家用電子電器、汽車和醫療保健領域的強勁需求。此外,持續的技術進步和政府對綠色能源計畫的支持正在推動市場擴張。該地區充滿活力的工業基礎和對技術創新的重視,將確保熱電模組應用的持續成長。

複合年成長率最高的地區

預計亞太地區在預測期內將呈現最高的複合年成長率。該地區快速的工業化、電動車普及率的提高以及對能源效率和廢熱回收的日益重視是主要的成長動力。此外,不斷擴張的製造業基礎設施以及政府對可再生能源技術的支持政策也進一步加速了市場的擴張。因此,亞太地區將繼續成為全球最具活力、成長最快的熱電模組市場。

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目錄

第1章執行摘要

第2章 前言

  • 概述
  • 相關利益者
  • 研究範圍
  • 調查方法
    • 資料探勘
    • 數據分析
    • 數據檢驗
    • 研究途徑
  • 研究材料
    • 主要研究資料
    • 二手研究資料
    • 先決條件

第3章市場走勢分析

  • 介紹
  • 驅動程式
  • 限制因素
  • 機會
  • 威脅
  • 最終用戶分析
  • 新興市場
  • COVID-19的影響

第4章 波特五力分析

  • 供應商的議價能力
  • 買家的議價能力
  • 替代品的威脅
  • 新進入者的威脅
  • 競爭對手之間的競爭

第5章 全球熱電模組市場(按材料)

  • 介紹
  • 碲化鉍(Bi2Te3)
  • 碲化鉛(PbTe)
  • 矽鍺(SiGe)
  • 方鈷礦
  • 其他材料類型

6. 全球熱電模組市場(依模組類型)

  • 介紹
  • 體熱電模組
  • 微型熱電模組
  • 薄膜熱電模組

第7章全球熱電模組市場(依類別)

  • 介紹
  • 單級
  • 多級

8. 全球熱電模組市場(按功能)

  • 介紹
  • 冷卻
  • 發電

第9章全球熱電模組市場(按最終用戶)

  • 介紹
  • 家用電子電器
  • 產業
  • 通訊
  • 醫療和實驗室
  • 航太和國防
  • 石油、天然氣和採礦
  • 其他

第 10 章全球熱電模組市場(按地區)

  • 介紹
  • 北美洲
    • 美國
    • 加拿大
    • 墨西哥
  • 歐洲
    • 德國
    • 英國
    • 義大利
    • 法國
    • 西班牙
    • 其他歐洲國家
  • 亞太地區
    • 日本
    • 中國
    • 印度
    • 澳洲
    • 紐西蘭
    • 韓國
    • 其他亞太地區
  • 南美洲
    • 阿根廷
    • 巴西
    • 智利
    • 南美洲其他地區
  • 中東和非洲
    • 沙烏地阿拉伯
    • 阿拉伯聯合大公國
    • 卡達
    • 南非
    • 其他中東和非洲地區

第11章 重大進展

  • 協議、夥伴關係、合作和合資企業
  • 收購與合併
  • 新產品發布
  • 業務擴展
  • 其他關鍵策略

第12章 公司概況

  • Ferrotec Corporation
  • Laird Thermal Systems
  • II-VI Incorporated
  • TE Technology, Inc.
  • TEC Microsystems GmbH
  • Crystal Ltd.
  • KELK Ltd.
  • Kryotherm
  • RMT Ltd.
  • Phononic
  • Guangdong Fuxin Technology
  • Thermonamic Electronics Corp., Ltd.
  • Z-MAX Co., Ltd.
  • CUI Devices
  • Hi-Z Technology, Inc.
  • Merit Technology Group
  • Micropelt GmbH
  • Alphabet Energy
Product Code: SMRC30015

According to Stratistics MRC, the Global Thermoelectric Module Market is accounted for $942.6 million in 2025 and is expected to reach $1932.5 million by 2032 growing at a CAGR of 10.8% during the forecast period. A thermoelectric module is a solid-state device that uses the Peltier effect to create a temperature differential or the Seebeck effect to directly convert heat energy into electrical power. Ceramic plates sandwich thermocouples made of semiconductor materials to form this device. Since thermoelectric modules don't require moving parts or refrigerants to function, they are dependable, small, and eco-friendly. They are frequently used in energy harvesting, heating, and cooling applications.

According to Volza's import data for India, between October 2023 and September 2024, India imported 73 shipments of thermoelectric modules, with shipments ranging from single units to over 2,000 pieces per order.

Market Dynamics:

Driver:

Growth of electric and hybrid vehicles

The rapid expansion of electric and hybrid vehicles stands as a primary driver for the thermoelectric module market. These vehicles increasingly rely on thermoelectric modules for battery thermal management, cabin temperature control, and waste heat recovery, which are crucial for enhancing efficiency and safety. Furthermore, as global automakers focus on reducing emissions and improving energy utilization, the demand for advanced thermal management solutions rises. This trend is supported by rising consumer preference for cleaner vehicles and stringent environmental regulations, making thermoelectric modules a vital component in next-generation automotive technology.

Restraint:

High cost compared to traditional systems

The high cost of thermoelectric modules relative to conventional cooling and heating systems acts as a significant restraint on market growth. These modules require expensive materials such as bismuth telluride and germanium, and their manufacturing process is complex and labor-intensive. Additionally, the operational and maintenance costs are higher, making them less attractive for price-sensitive markets. This cost barrier limits widespread adoption, confining thermoelectric modules primarily to high-value applications where their unique benefits outweigh the expense.

Opportunity:

Expansion in wearables & medical electronics

The growing market for wearables and medical electronics presents a substantial opportunity for thermoelectric module adoption. These devices require precise temperature control for both user comfort and device reliability, especially in portable and implantable medical applications. Moreover, the trend toward miniaturization and higher performance in consumer electronics drives innovation in compact thermoelectric solutions. As demand for smart medical devices and advanced wearables increases, thermoelectric modules are well-positioned to capture new market segments and support future technological advancements.

Threat:

Limitations in high-temperature applications

Thermoelectric modules face limitations in high-temperature environments, which poses a threat to their broader adoption in industrial and energy-intensive sectors. Their reliability and lifespan can decrease when subjected to repeated thermal cycling or extreme heat, especially in applications like industrial waste heat recovery or automotive exhaust systems. This restricts their utility in certain high-value markets, forcing end-users to seek alternative solutions and potentially slowing the overall market growth for thermoelectric technologies.

Covid-19 Impact:

The COVID-19 pandemic had a mixed impact on the thermoelectric module market. While global lockdowns disrupted manufacturing and supply chains, particularly in key regions like China, Japan, and Taiwan, demand for thermoelectric coolers surged in healthcare for vaccine storage and in IT for data centers supporting remote work. The shift toward remote operations and increased reliance on digital infrastructure partially offset declines in automotive and consumer electronics sectors, leading to a temporary but notable realignment in market dynamics.

The single-stage modules segment is expected to be the largest during the forecast period

The single-stage modules segment is expected to account for the largest market share during the forecast period. Their dominance is driven by versatility, ease of manufacturing, and suitability for a wide range of applications, from consumer electronics to biomedical instruments. Additionally, single-stage modules offer a balance between performance and cost, making them the preferred choice for most commercial and industrial needs. Continuous product innovation by key manufacturers further cements their position as the leading segment.

The power generation segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the power generation segment is predicted to witness the highest growth rate fueled by increasing interest in waste heat recovery and renewable energy generation, where thermoelectric modules efficiently convert temperature differences into electricity. Furthermore, rising investments in sustainable energy solutions and stricter environmental regulations are accelerating adoption. As industries seek to reduce carbon footprints and improve energy efficiency, thermoelectric modules in power generation applications are becoming increasingly attractive.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share. This leadership is underpinned by robust manufacturing capabilities, especially in China, Japan, and South Korea, and strong demand from consumer electronics, automotive, and healthcare sectors. Moreover, ongoing technological advancements and government support for green energy initiatives are driving market expansion. The region's dynamic industrial base and focus on innovation ensure continued growth in thermoelectric module adoption.

Region with highest CAGR:

Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR. The region's rapid industrialization, rising adoption of electric vehicles, and increased focus on energy efficiency and waste heat recovery are key growth drivers. Additionally, expanding manufacturing infrastructure and supportive government policies for renewable energy technologies further accelerate market expansion. As a result, Asia Pacific remains the most dynamic and fastest-growing market for thermoelectric modules worldwide.

Key players in the market

Some of the key players in Thermoelectric Module Market include Ferrotec Corporation, Laird Thermal Systems, II-VI Incorporated, TE Technology, Inc., TEC Microsystems GmbH, Crystal Ltd., KELK Ltd., Kryotherm, RMT Ltd., Phononic, Guangdong Fuxin Technology, Thermonamic Electronics Corp., Ltd., Z-MAX Co., Ltd., CUI Devices, Hi-Z Technology, Inc., Merit Technology Group, Micropelt GmbH, and Alphabet Energy.

Key Developments:

In May 2025, Ferrotec expanded its TMC-series thermal-cycling Peltier modules, offering extended-life capability suited for rigorous PCR and thermal-cycling applications. These modules utilize advanced materials for durability under cyclic stress.

In October 2024, Phononic, the global leader in solid state cooling and heating technology announced full customer qualification of manufacturing operations at Fabrinet, a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services. The partnership with Fabrinet dramatically ramps up Phononic's global manufacturing capability, allowing for increased growth and revenue despite global supply chain bottlenecks that have impacted numerous industries worldwide.

In April 2023, Laird Thermal Systems has expanded its capabilities by offering micro thermoelectric coolers to support high-temperature applications with compact geometric space constraints. Utilizing next generation thermoelectric materials and advanced ceramic substrates, the OptoTEC(TM) MBX Series offers micro footprints as small as 1.6 x 1.6mm with thicknesses down to 0.65mm. The packing fraction for thermoelectric materials enables high heat pumping densities up to 43 W/cm2 at lower operating currents than traditional thermoelectric coolers.

Material Types Covered:

  • Bismuth Telluride (Bi2Te3)
  • Lead Telluride (PbTe)
  • Silicon-Germanium (SiGe)
  • Skutterudites
  • Other Material Types

Module Types:

  • Bulk Thermoelectric Modules
  • Micro Thermoelectric Modules
  • Thin Film Thermoelectric Modules

Categories Covered:

  • Single Stage
  • Multi Stage

Functionalities Covered:

  • Cooling
  • Power Generation

End Users Covered:

  • Consumer Electronics
  • Industrial
  • Telecommunications
  • Automotive
  • Medical & Laboratories
  • Aerospace & Defense
  • Oil & Gas and Mining
  • Other End Users

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
    • Comprehensive profiling of additional market players (up to 3)
    • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

  • 2.1 Abstract
  • 2.2 Stake Holders
  • 2.3 Research Scope
  • 2.4 Research Methodology
    • 2.4.1 Data Mining
    • 2.4.2 Data Analysis
    • 2.4.3 Data Validation
    • 2.4.4 Research Approach
  • 2.5 Research Sources
    • 2.5.1 Primary Research Sources
    • 2.5.2 Secondary Research Sources
    • 2.5.3 Assumptions

3 Market Trend Analysis

  • 3.1 Introduction
  • 3.2 Drivers
  • 3.3 Restraints
  • 3.4 Opportunities
  • 3.5 Threats
  • 3.6 End User Analysis
  • 3.7 Emerging Markets
  • 3.8 Impact of Covid-19

4 Porters Five Force Analysis

  • 4.1 Bargaining power of suppliers
  • 4.2 Bargaining power of buyers
  • 4.3 Threat of substitutes
  • 4.4 Threat of new entrants
  • 4.5 Competitive rivalry

5 Global Thermoelectric Module Market, By Material Type

  • 5.1 Introduction
  • 5.2 Bismuth Telluride (Bi2Te3)
  • 5.3 Lead Telluride (PbTe)
  • 5.4 Silicon-Germanium (SiGe)
  • 5.5 Skutterudites
  • 5.6 Other Material Types

6 Global Thermoelectric Module Market, By Module Type

  • 6.1 Introduction
  • 6.2 Bulk Thermoelectric Modules
  • 6.3 Micro Thermoelectric Modules
  • 6.4 Thin Film Thermoelectric Modules

7 Global Thermoelectric Module Market, By Category

  • 7.1 Introduction
  • 7.2 Single Stage
  • 7.3 Multi Stage

8 Global Thermoelectric Module Market, By Functionality

  • 8.1 Introduction
  • 8.2 Cooling
  • 8.3 Power Generation

9 Global Thermoelectric Module Market, By End User

  • 9.1 Introduction
  • 9.2 Consumer Electronics
  • 9.3 Industrial
  • 9.4 Telecommunications
  • 9.5 Automotive
  • 9.6 Medical & Laboratories
  • 9.7 Aerospace & Defense
  • 9.8 Oil & Gas and Mining
  • 9.9 Other End Users

10 Global Thermoelectric Module Market, By Geography

  • 10.1 Introduction
  • 10.2 North America
    • 10.2.1 US
    • 10.2.2 Canada
    • 10.2.3 Mexico
  • 10.3 Europe
    • 10.3.1 Germany
    • 10.3.2 UK
    • 10.3.3 Italy
    • 10.3.4 France
    • 10.3.5 Spain
    • 10.3.6 Rest of Europe
  • 10.4 Asia Pacific
    • 10.4.1 Japan
    • 10.4.2 China
    • 10.4.3 India
    • 10.4.4 Australia
    • 10.4.5 New Zealand
    • 10.4.6 South Korea
    • 10.4.7 Rest of Asia Pacific
  • 10.5 South America
    • 10.5.1 Argentina
    • 10.5.2 Brazil
    • 10.5.3 Chile
    • 10.5.4 Rest of South America
  • 10.6 Middle East & Africa
    • 10.6.1 Saudi Arabia
    • 10.6.2 UAE
    • 10.6.3 Qatar
    • 10.6.4 South Africa
    • 10.6.5 Rest of Middle East & Africa

11 Key Developments

  • 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
  • 11.2 Acquisitions & Mergers
  • 11.3 New Product Launch
  • 11.4 Expansions
  • 11.5 Other Key Strategies

12 Company Profiling

  • 12.1 Ferrotec Corporation
  • 12.2 Laird Thermal Systems
  • 12.3 II-VI Incorporated
  • 12.4 TE Technology, Inc.
  • 12.5 TEC Microsystems GmbH
  • 12.6 Crystal Ltd.
  • 12.7 KELK Ltd.
  • 12.8 Kryotherm
  • 12.9 RMT Ltd.
  • 12.10 Phononic
  • 12.11 Guangdong Fuxin Technology
  • 12.12 Thermonamic Electronics Corp., Ltd.
  • 12.13 Z-MAX Co., Ltd.
  • 12.14 CUI Devices
  • 12.15 Hi-Z Technology, Inc.
  • 12.16 Merit Technology Group
  • 12.17 Micropelt GmbH
  • 12.18 Alphabet Energy

List of Tables

  • Table 1 Global Thermoelectric Module Market Outlook, By Region (2024-2032) ($MN)
  • Table 2 Global Thermoelectric Module Market Outlook, By Material Type (2024-2032) ($MN)
  • Table 3 Global Thermoelectric Module Market Outlook, By Bismuth Telluride (Bi2Te3) (2024-2032) ($MN)
  • Table 4 Global Thermoelectric Module Market Outlook, By Lead Telluride (PbTe) (2024-2032) ($MN)
  • Table 5 Global Thermoelectric Module Market Outlook, By Silicon-Germanium (SiGe) (2024-2032) ($MN)
  • Table 6 Global Thermoelectric Module Market Outlook, By Skutterudites (2024-2032) ($MN)
  • Table 7 Global Thermoelectric Module Market Outlook, By Other Material Types (2024-2032) ($MN)
  • Table 8 Global Thermoelectric Module Market Outlook, By Module Type (2024-2032) ($MN)
  • Table 9 Global Thermoelectric Module Market Outlook, By Bulk Thermoelectric Modules (2024-2032) ($MN)
  • Table 10 Global Thermoelectric Module Market Outlook, By Micro Thermoelectric Modules (2024-2032) ($MN)
  • Table 11 Global Thermoelectric Module Market Outlook, By Thin Film Thermoelectric Modules (2024-2032) ($MN)
  • Table 12 Global Thermoelectric Module Market Outlook, By Category (2024-2032) ($MN)
  • Table 13 Global Thermoelectric Module Market Outlook, By Single Stage (2024-2032) ($MN)
  • Table 14 Global Thermoelectric Module Market Outlook, By Multi Stage (2024-2032) ($MN)
  • Table 15 Global Thermoelectric Module Market Outlook, By Functionality (2024-2032) ($MN)
  • Table 16 Global Thermoelectric Module Market Outlook, By Cooling (2024-2032) ($MN)
  • Table 17 Global Thermoelectric Module Market Outlook, By Power Generation (2024-2032) ($MN)
  • Table 18 Global Thermoelectric Module Market Outlook, By End User (2024-2032) ($MN)
  • Table 19 Global Thermoelectric Module Market Outlook, By Consumer Electronics (2024-2032) ($MN)
  • Table 20 Global Thermoelectric Module Market Outlook, By Industrial (2024-2032) ($MN)
  • Table 21 Global Thermoelectric Module Market Outlook, By Telecommunications (2024-2032) ($MN)
  • Table 22 Global Thermoelectric Module Market Outlook, By Automotive (2024-2032) ($MN)
  • Table 23 Global Thermoelectric Module Market Outlook, By Medical & Laboratories (2024-2032) ($MN)
  • Table 24 Global Thermoelectric Module Market Outlook, By Aerospace & Defense (2024-2032) ($MN)
  • Table 25 Global Thermoelectric Module Market Outlook, By Oil & Gas and Mining (2024-2032) ($MN)
  • Table 26 Global Thermoelectric Module Market Outlook, By Other End Users (2024-2032) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.