The global thermoelectric materials market is projected to be worth USD 96.2 Million by 2027, according to a current analysis by Emergen Research. The thermoelectric materials market is observing high demand attributed to the increasing demand for automotive fuel efficiency. Automotive exhaust contributes significantly to global greenhouse gas emissions (GHG), with a typical passenger vehicle accounting for the emission of around 4.6 tons of CO2 annually. Also, it has been estimated that the total number of light-duty vehicles (LCVs) plying on the roads would surpass 2 billion by the year 2050 and, in turn, would consume a substantial amount of global oil production. Automotive thermoelectric generator technology encompasses vehicular exhaust heat conversion into electric energy that may be utilized for various electrical systems of the automobile, thereby improving fuel efficiency and reducing GHG emission. The growing demand for thermoelectric generator, in turn, would drive the demand for thermoelectric materials.

Factors influencing the growth of the Thermoelectric Materials market and impacting the growth of the industry are studied extensively in the report. The report considers the COVID-19 pandemic as one of the key influencing factors of the Thermoelectric Materials market. The report discusses in detail the positive and negative impact of the pandemic on the Thermoelectric Materials industry. The supply chain disruptions and economic volatility have altered the dynamics of the Thermoelectric Materials industry. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario. 

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Competitive Outlook: The leading companies operating in the Thermoelectric Materials market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Thermoelectric Materials Market and Profiled in the Report are:

Laird Thermal Systems Inc., Marlow Industries Inc., Thermonamic Electronics, Tellurex, Ferrotec, EVERREDtronics, Hi-Z, RMT Ltd., KELK,, Crystal Ltd.

Objectives of the Report:

Study of the global Thermoelectric Materials market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Thermoelectric Materials market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Thermoelectric Materials market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Thermoelectric Materials market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

 

  • Product Type Outlook (Revenue, USD Billion; 2017-2027)

    • Bismuth Telluride
    • Lead Telluride
    • Silicon Germanium
    • Others

  • Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)

    • Online
    • Offline

  • Application Outlook (Revenue, USD Billion; 2017-2027)

    • Industrial
    • Automotive
    • Electrical & Electronics
    • Healthcare
    • Others

Regional Segmentation:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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