New York, March 29: Market Research Engine has published a new report titled as “Global

Thermoelectric Generators Market Research Report - Industry Analysis, Size, Share, Growth,

Trends and Forecast, 2014 - 2021”.

Renewable energy is playing a major role in the electricity generation in current scenario,

according to a report by Market Research Engine. Considering the life span and cost of

non-rentable resources of energy, the demand of renewable resources is highly increasing.
Thermoelectric generators are one of the devices using renewable energy i.e. heat to

produce electricity. It can also be used otherwise too. Thermoelectric generators (TEG) are

solid state devices which convert temperature difference between two materials into

electrical energy. Thermoelectric generators (TEG) are based on the principal of See beck

effect.

Browse the full report on “Global Thermoelectric Generator Market Research Report -

Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 –2021”

http://www.marketresearchengine.com/reportdetails/thermoelectric-generators-market-research

-report

Certain applications like automotive, aerospace, semiconductor networks are more likely to

use power sources which have less maintenance and are low in cost. Durability also plays a

crucial role in fitting the power source for places which are hostile and out of reach.

TEGs perfectly fit in these places providing high reliability and greater efficiency. These

low cost compact devices are more in demand because of its solid state adding advantage at

immobile locations, durability and reliability and increased greenhouse effect.

The global market for thermoelectric generators is estimated to be US$ 320 million and is

projected to grow to US$ 720 million with an impressive growth rate of14.5% from 2015 to

2021. North America is expected to capture more than two third of the market in current

scenario and is projected to keep its supremacy over the forecast period. However, Asia

Pacific and European countries are projected to grow at relatively higher growth rate.

The report gives a 360 degree analysis of the market covering the growth drivers, growth

inhibitors, value chain analysis, new product launches and the market perspective of the

global thermoelectric generator.

The major use of thermoelectric generators is expected from automotive end users. This

segment is expected to grab more than half of the market for thermoelectric generators.

Aerospace and industrial heat closely accounts the second and third position. Use of TEGs

in space applications will continue to attract market demand.

This industry has limited manufacturers, mostly tier II or III. This market is led by U.S.

manufacturer Gent herm Inc. having commanding market share of more than one fourth of the

market value. Other companies involved are EVERREDtronics,Ferrotec, green TEG, GMZ Energy,

Laird Plc, Micro pelt, Tellurex, ThermolifeEnergy Corporation, Yamaha Corp, Alphabet

Energy, TECTEG MFR, Red Hawk Energy Systems, Komatsu Corp. and others.

Segmentations in Report:

• Thermoelectric Generators By Application
Automotive
Industrial
Sensors
Wearable
Others

• Thermoelectric Generators By Power:
1KW

• Thermoelectric Generators By Temperatures
1K degree C

• Thermoelectric Generators By Material
Si-Ge
Bi-Te
Pb-Te
Others

• Thermoelectric Generators By Controller
Single Directional
Bi Directional
Multi Directional

• Customization of Report
MarketResearchEngine.com also provides client's business specific and client's requirement

specific research reports.
Clients can also buy company profiles for Global Thermoelectric Generators market without

buying full report.

About MarketResearchEngine.com
Market Research Engine is a global market research and consulting organization. We provide

market intelligence in emerging, niche technologies and markets. Our market analysis

powered by rigorous methodology and quality metrics provide information and forecasts

across emerging markets, emerging technologies and emerging business models. Our deep focus

on industry verticals and country reports help our clients to identify opportunities and

develop business strategies.

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