Global Thermoelectric Modules Market is estimated to account for US$ 1,217 2 Mn by end of 2027, Says Coherent Market Insights (CMI)
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Thermoelectric Modules Market worth $872 million by 2026 - Exclusive Report by MarketsandMarkets
Thermoelectric Modules Market with COVID-19 Impact Analysis, By Model (Single Stage, Multi Stage), Type (Bulk, Micro, Thin Film), Functionality (General Purpose, Deep Cooling), End-Use Application, and Region - Global Forecast to 2026 , published by MarketsandMarkets, the market is projected to grow from USD 593 million in 2021 to USD 872 million by 2026; it is expected to grow at a CAGR of 8.0% during the forecast period. Owing to COVID-19, the thermoelectric modules market is estimated to face headwinds for 2020-2021. The growth of the thermoelectric modules market is driven by factors such as increasing demand for electric and luxury vehicles and the growing deployment of 5G connectivity. The new high-speed 5G telecommunication standard presents thermal challenges for critical components such as optical transceivers. Optical transceivers contain a laser diode that needs to be kept
Thermoelectric Modules Market with COVID-19 Impact Analysis, By Model (Single Stage, Multi Stage), Type (Bulk, Micro, Thin Film), Functionality (General Purpose, Deep Cooling), End-Use Application, and Region - Global Forecast to 2026 , published by MarketsandMarkets™, the market is projected to grow from USD 593 million in 2021 to USD 872 million by 2026; it is expected to grow at a CAGR of 8.0% during the forecast period. Owing to COVID-19, the thermoelectric modules market is estimated to face headwinds for 2020–2021. The growth of the thermoelectric modules market is driven by factors such as increasing demand for electric and luxury vehicles and the growing deployment of 5G connectivity. The new high-speed 5G telecommunication standard presents thermal challenges for critical components such as optical transceivers. Optical transceivers contain a laser diode that needs to be kept below 70°C to ensure no loss of data transmission wherein TEMs need to be deployed. Hence, w
Thermoelectric Cooler Market Forecast, Trend Analysis & Competition Tracking - Global Review 2021 to 2031
factmrApril 28, 2021 3
The spread of novel corona virus disease across the world reduced the demand for thermoelectric coolers resulting in reduced sales and slow progress. Leading as well as new industrial players suffered its dire consequences which had a negative influence on their market position and reputation. In 2021, as the business operations have started again with no barriers, manufacturers are adding upgraded versions to achieve progress.
Prominent manufacturers including TE Technology, Ferrotec Corporation, Tellurex Corporation, Meerstetter Engineering, KreaZone Corporation, Thermion Company and TEC Microsystems GmbH are focusing on the adoption of product innovations and technological upliftments as their major growth strategies for developing better products and services. These manufacturers are undertaking research& development projects, mergers & acquisitio
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