Thermoelectric Generator by Watt Power (Low Power, Medium Power, and High Power), Source (Waste Heat Recovery, Energy Harvesting, Direct Power Generation, Co-Generation, Material (Bi-Te, Pb-Te, Cu-Fe, Sb-Bi) and Industry Vertical (Aerospace & defense, Automotive, Industrial, Residential, and Others) - Global Opportunity Analysis and Industry Forecast, 2020-2027

Pages: NA
Oct 2020 | 4462 Views
Author(s) : NA
Tables: NA
Charts: NA


Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Thermoelectric Generator by Watt Power

Request Now !

Thermoelectric generators are devices that convert temperature differences into electrical energy. Two basic physical phenomena involved in this process include the seebeck effect and the peltier effect. The seebeck effect defines the conversion of temperature difference into electric current at the interface of two different materials, whereas the Peltier effect is the vice-versa of the Seebeck effect. Thermoelectric materials generate power directly from heat by converting temperature differences into electric voltage. These materials must have both high electrical conductivity () and low thermal conductivity () to be suitable for the thermoelectric conversion process.


Thermoelectric generators are witnessing increased adoption in the oil & energy sector, owing to heat recycling property of the generators. Initially, these generators were used only as heating or cooling devices; however, recent research activities have developed them as energy harvesting devices. Thermoelectric generators are gaining popularity as an upcoming clean and green technology, as they convert waste heat (zero cost) into electrical energy, thus cutting the major industrial cost of raw electric energy. Moreover, increase in concerns towards the development of the renewable energy sector and huge investments made by the various governments in the same fuel the market growth. However, factors such as high cost of the generators and lower efficiency restrain the growth of the market.

The thermoelectric generators market is segmented based on watt power, source, industry vertical, and geography. On the basis of watt power, the market is divided into low power, medium power, and high power. On the basis of source it is bifurcated into waste heat recovery, energy harvesting, direct power generation, and co-generation. On the basis of material, the market is divided into Bismuth-Telluride, Lead-Telluride, Copper-Iron, and Antimony-Bismuth.

According to industry vertical, it is categorized into aerospace & defense, automotive, industrial, residential, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Key players operating in the market include Gentherm, Inc., II-VI Marlow, Inc., Ferrotec Holdings Corporation, Laird plc, KELK Ltd., Yamaha Corp., Evident Thermoelectrics, Alphabet Energy, Phononic Devices, and Thermo Electric Company, Inc.

Key Benefits

  • The study provides an in-depth analysis of the thermoelectric generators market with current and future trends to elucidate the imminent investment pockets in the market.
  • The report provides information about the key drivers, restraints, and opportunities with impact analysis.
  • Quantitative analysis of the current trends and future estimations from 2017 to 2023 are provided to showcase the financial competence of the market.
  • Porters Five Forces model analysis of the industry illustrates the potency of the buyers and suppliers participating in the market.

Thermoelectric Generator Key Segmentation:

By Watt Power

  • Low Power (<10 W)
  • Medium Power (10-1kW)
  • High Power (> 1kW)

By Source

  • Waste Heat Recovery
  • Energy Harvesting
  • Direct Power Generation
  • Co-Generation

By Material

  • Bismuth-Telluride(Bi-Te)
  • Lead-Telluride(Pb-Te)
  • Copper-Iron(Cu-Fe)
  • Antimony-Bismuth(Sb-Bi)

By Industry Vertical

  • Aerospace & Defense
  • Automotive
  • Industrial
  • Residential
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • Italy
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
    • Latin America
    • Middle-East
    • Africa

Key Players

  • Gentherm, Inc.
  • II-VI Marlow, Inc.
  • Ferrotec Holdings Corporation
  • Laird Plc.
  • KELK Ltd.
  • Yamaha Corp.
  • Evident Thermoelectrics
  • Alphabet Energy
  • Phononic Devices
  • Thermo Electric Company, Inc.

With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace

With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast

Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts

Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)

Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.


Start reading ,This title and over 12000 thousand more,available with Avenue Library,  T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at










Purchase Full Report of
Thermoelectric Generator by Watt Power - Global Opportunity Analysis and Industry Forecast, 2020-2027

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise

  • $8,995  $8,096
  • Unlimited
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
  • Company Profiles
  • Newly Added Content Access
  • 10 PDF
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This title and over 12,000+ are available on the Avenue Library.  T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD


Why Allied Market Research?


Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers


Featured Reports


Featured Readings


Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts