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Solid-State Cooling Market

Solid-State Cooling Market

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SKU ID :
GIR-15335570

Publishing Date:
26-Feb-2020

No. of pages:
325

Price

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The global solid-state cooling market is estimated to grow at a 9.87% rate during the forecast period. Major factors driving the market growth include growing awareness of green energy and increasing focus on curbing greenhouse gas emissions, simultaneous heating and cooling properties of solid-state cooling systems, and rising demand for precise temperature control and below ambient cooling and expanding solid-state cooling applications in industries such as healthcare, automotive, and semiconductor and electronics.

Air-Conditioners expected to grow at the highest CAGR during Forecast Period. Solid-state thermoelectric air-conditioners are compact, lightweight units used for cooling electronic cabinets, computer enclosures, electrical enclosures, instruments, telecommunication equipment, and many other industrial applications in a variety of environments. These air conditioners have a simple and efficient solid-state design that uses the Peltier effect to provide reliable performance without the use of harmful chlorofluorocarbons (CFCs).

Market for Multi-Stage Type in North America to Grow at Highest CAGR during Forecast Period. A multi-stage module can be viewed as 2 or more single stages stacked on top of each other. These modules are also known as cascade modules. The multi stage thermoelectric modules should be used only when a single stage thermoelectric module does not fulfill the requirements of high-temperature differentials.

The market in APAC is expected to be the largest market. It comprises of China, Japan, South Korea, and the Rest of Asia Pacific, which includes Australia, India, New Zealand, Singapore, Thailand, Malaysia, Indonesia, the Philippines, and Taiwan. Increased demand for consumer goods, industrial automation, and healthcare monitoring devices is expected to drive this market. With the use of solid-state cooling systems, higher efficiency levels, and energy harvesting can be achieved in this region.

Key market players includes Ferrotec (Japan), Laird Thermal Systems (US), II-VI Marlow (US), TE Technology (US), TEC Microsystems (Germany), Crystal Ltd. (Russia), Kryotherm (Russia), RMT Ltd (Russia), Thermion Company (Ukraine), Thermonamic Electronics (China), Kelk Ltd. (Japan), Z-Max (Japan), Alphabet Energy (US), O-Flexx Technologies (Germany), Phononic (US), and P&N Technology (China). Other key players include Everredtronics (China), among others.

Key Questions Addressed by the Report

  • Where will all these developments take the industry in the mid to long term?
  • Which will be the upcoming industries for the market?
  • What are the drivers, challenges, and restraints impacting the market growth?
  • Which hardware components and software solutions are expected to be used widely to build market in the mid to long term?
  • Which region is expected to witness significant demand for solid-state cooling?

1.Introduction

Market Definition

Study Scope

Study Period

Stakeholders

2. Research Methodology

Secondary Research

Primary Research

Research Design

Data Validation

Limitation and Assumptions

3. Executive Overview

4. Market Overview

Drivers

Restraints   

Opportunities

Challenges

5. Solid-State Cooling Market, By End-User Industry

Semiconductor and electronics

Healthcare

Consumer

Automotive

Others

6. Solid-State Cooling Market, By Product

Cooling systems

Refrigeration system

7. Solid-State Cooling Market, By Type

Single stage

Multi stage

Thermocycler

8. Solid-State Cooling Market, By Region

North America

    US

    Canada

Europe

    UK

    Germany

    Spain

    France

    Turkey

    Rest of Europe

Asia Pacific

     China 

     Japan

     South Korea

     India 

     Australia

     Rest of APAC

Middle East

      UAE

      Saudi Arabia

      Rest of Middle East

Rest of the World

      Latin America

       Africa

9. Company Profiles

Laird Thermal Systems

TE Technology

Crystal Ltd.

RMT Ltd

Thermonamic Electronics

Ferrotec

II-VI Marlow

TEC Microsystems

Kryotherm

Thermion Company

Kelk Ltd.

10. Appendix

About

Abbreviations

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