The Thermoelectric Generators Market Research Report provides forecast and estimates for each application in terms of Market Size, Share, Trend & Growth during the study period Upto 2021.
Thermoelectric generators (TEG) are solid-state devices which convert temperature difference between two materials into electrical energy. Thermoelectric generators (TEG) are based on the principles of Seebeck effect. Some common thermoelectric materials are Bismuth Telluride (Bi2Te3), Lead Telluride (PbTe), Silicon Germanium (SiGe), and Bismuth-Antimony (Bi-Sb) among others. These generators are being preferred because they are silent, highly reliable, have low operational and maintenance cost, and can work in harsh and remote environments. Another important factor is its scalability, which makes its application feasible to any size of heat source.
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There are varieties of thermoelectric generators available in the market today, they vary based on their operating voltage, temperature, materials they are made up of and how they are controlled. Initially, thermoelectric generators were used to find application only as heating or cooling devices but recent research activities have developed them as energy harvesting devices. Thermoelectric generators find application in automotive, industrial, sensors, wearables and others. Lately thermoelectric generators are being used for waste heat recovery.
Global thermoelectric generators market is segmented based on power by less than () 1KW. Thermoelectric generators by temperature segment this market in less than () 500-1K degree C. The report is also segmented by material as Bi-Te, Pb-Te and others. Global thermoelectric generators by controllers is segmented in single directional, bi directional and multi directional.
Major player assessed in the report are :
– EVERREDtronics
– Ferrotec
– Gentherm
– greenTEG
– Evident Thermoelectrics
– Laird / Nextreme
– Micropelt
– Tellurex
– Perpetua Power Source Technologies, Inc.
– More
Extensive research is being carried out to harness the unused waste heat from various sources like machines, power stations, and automotive among others to reduce the fuel consumption and enhance efficiency of these machines. Thermoelectric generators (TEG) are gaining popularity as an upcoming “green technology” because it converts waste heat (zero cost) into electrical energy, thus adding to its market growth. The only major constraint in achieving this is its high cost and lower efficiency. Research is being carried out to make this TE technology commercially viable.
Geographically, this market has been segmented into regions such as North America, Europe, Asia Pacific and Rest of the World. The study details country-level aspects based on each segment and gives estimates in terms of market size.
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SEGMENTATION IN THE REPORT :
1. Thermoelectric Generators By Application :
– Automotive
– Industrial
– Sensors
– Wearables
– Others
2. Thermoelectric Generators By Material :
– Bi-Te
– Pb-Te
– Others
3. Thermoelectric Generators By Controllers :
– Single Directional
– Bi Directional
– Multi Directional
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