Title: Impact of COVID 19 on Thermoelectric Generators Market — Exclusive Report by MarketsandMarkets™
1- We salute industry experts helping companies
survive and sustain in this economic pandemic
they are working day and night to help companies
take rapid-decisions by finding - Covid Impact on Thermoelectric Generators Market,
growth/decline in product type/use - cases of TEG Market due to cascaded impact of
Covid 19 on Extended Ecosystem.
50 in
- Thermoelectric Generators Market
- are making rapid shifts in their strategies as we
speak here. - Outside-in view of top 50 companies client and
client's clients shifting short- term
priorities. - Speak to Our Analyst to analyse how COVID-19 is
impacting your clients and your - clients clients. (CTA)
- The report "Thermoelectric Generators Market by
Application (Waste Heat Recovery, Energy
Harvesting, Direct Power Generation,
Co-generation), Wattage (lt10 W, 10-1kW, gt1kW),
Temperature (lt80C, 80- 500C, gt500C, - Material, Vertical, Component, Region - Global
Forecast to 2025", is projected to grow from USD
460 million in 2019 to USD 741 million by 2025,
at a CAGR of 8.3 during the forecast period.
Factors such as rapid commercialization of
thermoelectric generators in the automotive
industry, and increasing demand for miniaturized
TEGs. Along with the rising adoption of
decarbonization technologies for greenhouse gas
emissions is expected to be the primary factor
driving the thermoelectric generators market. - The bismuth telluride material segment is
projected to grow at the higher CAGR during the
forecast period - By material, the thermoelectric generators market
has been segmented into bismuth telluride, lead
telluride and others. Among these, the bismuth
telluride segment is projected to grow at the
highest CAGR during the forecast period. Due to
the comparatively high efficiency of bismuth
telluride materials, the demand for this segment
is rising. - The Low Temperature (lt80C) temperature segment
is projected to grow at the highest CAGR during
the forecast period - By temperature, the thermoelectric generators
market has been segmented into Low Temperature
(lt80C), Medium temperature (80- 500C) and High
temperature (gt 500C). The Low Temperature
(lt80C) segment is projected to grow at the
highest CAGR during the forecast period. The
low-temperature segment includes ultra-low-
2power mobile consumer electronics, and wearable,
among others. These all are low temperature
producing applications, and their output heat is
used by the thermoelectric system to generate
electricity. Due to the usage of various
applications, such as sensors powering watches,
or other consumer electronics, This will help in
driving this particular segment of thermoelectric
generators market. Key Market Players Some of the
major players in the thermoelectric generators
market include Gentherm, Inc. (US), II-VI
Marlow, Inc. (US), Ferrotec Corporation (Japan),
Laird plc (UK), Komatsu Ltd. (Japan). These
players have adopted acquisitions, new product
launches, contracts, partnerships, acquisitions,
and agreements as their primary growth
strategies from 2014 to 2019, to expand their
presence in the global thermoelectric generators
market further. Ask for Sample Report
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