Thermoelectric Generators Market by End User (Automotive, Aerospace & Defense, Industrial End-User, Self-powered Sensors, Others), by Temperature (<80 °C, 80-500 °C, >500 °C), by Wattage (<10 W, 10-1 kW, >1 kW), by Source, by Material - Global Forecast & Analysis to 2020 The market is projected to reach USD 547.7 Million by the end of 2020, at CAGR of 13.8% from 2015 onwards. The global thermoelectric generators market is classified into five major segments, namely, end-user, source, temperature, wattage, and material. The end-user segment is further categorized into various sectors that use thermoelectric generators, such as automotive, aerospace & defense, industrial, and self-powered sensors. The sources segmentation comprises waste heat recovery, energy harvesting, direct power generation, and co-generation. Temperature segment is further divided into <80°C, 80°-500°C, and >500°C. Wattage is further classified as <10 W, 10-1 kW, and >1 kW. Materials included in the study are Bi-Te, PbTe, and others. The market is also segmented on the basis of geography. Browse 86 tables and 86 figures spread through 173 pages and indepth TOC on "Thermoelectric Generators Market - Global Forecast & Analysis to 2020 " http://www.marketsandmarkets.com/Market-Reports/thermoelectricgenerators-market-91553904.html Increasing demand for fuel efficient vehicles and stringent legislations by the government regarding limiting the carbon emissions are some of the key factors that are fueling the growth of this market. However, high cost of thermoelectric materials and lack of familiarity about the technology are some of the factors hampering the growth of thermoelectric generators market. The purpose of the market report is to identify various types and technologies involved as well as the major
drivers and restraints of the market. The key players of the market are covered in the report. Asia-Pacific on the other hand accounts for the second-largest share of 17.2% of the global thermoelectric generators market in 2014. Out of the total Asia- Pacific thermoelectric generator market, the automotive segment account for 43.6% in 2014. High industrial cluster in this region is expected to drive the demand for thermoelectric generators market. Komatsu (Japan) and Yamaha Corporation (Japan) are the dominant players in this market. Demand for waste heat recovery, industrial automation, and healthcare monitoring devices is expected to drive this market. Developing countries such as India are looking for the sustainable and safe power sources. Request For Sample Report : http://www.marketsandmarkets.com/requestsample.asp?id=915539 04 The key players in the thermoelectric generators market include Gentherm Inc. (U.S.), II-VI Incorporated (U.S.), Ferrotec Corporation (Japan), Laird Plc. (U.K.), and Komatsu Limited (Japan). Companies are also investing in new technologies, which will increase the efficiency and increase the application areas of thermoelectric generators. Strategic contracts, joint ventures, partnerships, and expansions are some of the growth strategies adopted by key players in the thermoelectric generators market. As of 2014, North America held the largest share of the global thermoelectric generators market, followed by Asia-Pacific. The AsiaPacific market is projected to grow at the highest CAGR of 18.3% from 2015 to 2020 owing to the increased demand of thermoelectric generators by the automotive manufacturers to increase the fuel efficiency and increased industrialization in the region.
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The global thermoelectric generators market was valued at USD 245.3 Million in 2014, and is projected to grow at a CAGR of 13.8% to reach US...