Global Peltier Device Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Peltier Device market size was valued at US$ 895 million in 2024 and is forecast to a readjusted size of USD 1639 million by 2031 with a CAGR of 8.6% during review period.
Peltier devices are thermoelectric modules that deliver solid state heat-pumping for both cooling and heating. They also can be used to generate DC power, albeit with reduced efficiency.They consist of multiple pairs of p-type and n-type semiconductor materials connected electrically in series and thermally in parallel. When a DC current passes through the module, one side absorbs heat (cooling side), while the other side releases heat (heating side). This allows for precise temperature control without moving parts, making them compact, reliable, and quiet.
Peltier devices have a wide range of applications in the global market, covering multiple fields such as consumer electronics, medical equipment, automobiles and industry. With the popularization of technologies such as 5G communications, artificial intelligence, and the Internet of Things, the development of Peltier devices has been accelerated.
North America, Europe, and Asia Pacific are the main consumer regions of the Peltier device market. The North American market benefits from strong demand for the electronics industry and medical technology, while the European market focuses on environmental protection and sustainable development. The Asia-Pacific region (especially China, Japan, and South Korea) has become the fastest growing region in the global Peltier electronic cooler market with its rapidly developing electronics manufacturing and new energy vehicle industries.
With the continuous development of emerging technologies and the continuous expansion of application areas, the global Peltier device market is expected to maintain steady growth. Especially in the fields of consumer electronics, communications, and new energy vehicles, the demand for Peltier devices will continue to increase. Manufacturers should focus on technological innovation and product diversification to meet changing market demands.
This report is a detailed and comprehensive analysis for global Peltier Device market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Peltier Device market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Peltier Device market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Peltier Device market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Peltier Device market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Peltier Device
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Peltier Device market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Ferrotec, KELK Ltd.(Komatsu), Coherent Corp (formerly II-VI Incorporated), Laird Thermal Systems, Z-MAX, KJLP, Thermion Company, Phononic, Guangdong Fuxin Technology, KYOCERA, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Peltier Device market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Multi-Stage
Single-Stage
Market segment by Application
Automobile
Military
Consumer electronics
Healthcare
Industrial
Others
Major players covered
Ferrotec
KELK Ltd.(Komatsu)
Coherent Corp (formerly II-VI Incorporated)
Laird Thermal Systems
Z-MAX
KJLP
Thermion Company
Phononic
Guangdong Fuxin Technology
KYOCERA
Thermonamic Electronics
TE Technology
Same Sky (formerly CUI Devices)
Kryotherm Industries
Crystal Ltd
Wakefield Thermal
Pelonis Technologies
Zhejiang Wangu Semiconductor
P&N Technology
JiangXi Arctic Industrial
Henan Hongchang Electronic
Wei County Zhongtian Electron Stock Cooperative
Beijing Xinyu Kaimeng Electronic Technology
Beijing Huimao Refrigeration Equipment
Hangzhou Aurin Cooling Device
Hangzhou Aurin Cooling Device
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Peltier Device product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Peltier Device, with price, sales quantity, revenue, and global market share of Peltier Device from 2020 to 2025.
Chapter 3, the Peltier Device competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Peltier Device breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Peltier Device market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Peltier Device.
Chapter 14 and 15, to describe Peltier Device sales channel, distributors, customers, research findings and conclusion.
Peltier devices are thermoelectric modules that deliver solid state heat-pumping for both cooling and heating. They also can be used to generate DC power, albeit with reduced efficiency.They consist of multiple pairs of p-type and n-type semiconductor materials connected electrically in series and thermally in parallel. When a DC current passes through the module, one side absorbs heat (cooling side), while the other side releases heat (heating side). This allows for precise temperature control without moving parts, making them compact, reliable, and quiet.
Peltier devices have a wide range of applications in the global market, covering multiple fields such as consumer electronics, medical equipment, automobiles and industry. With the popularization of technologies such as 5G communications, artificial intelligence, and the Internet of Things, the development of Peltier devices has been accelerated.
North America, Europe, and Asia Pacific are the main consumer regions of the Peltier device market. The North American market benefits from strong demand for the electronics industry and medical technology, while the European market focuses on environmental protection and sustainable development. The Asia-Pacific region (especially China, Japan, and South Korea) has become the fastest growing region in the global Peltier electronic cooler market with its rapidly developing electronics manufacturing and new energy vehicle industries.
With the continuous development of emerging technologies and the continuous expansion of application areas, the global Peltier device market is expected to maintain steady growth. Especially in the fields of consumer electronics, communications, and new energy vehicles, the demand for Peltier devices will continue to increase. Manufacturers should focus on technological innovation and product diversification to meet changing market demands.
This report is a detailed and comprehensive analysis for global Peltier Device market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Peltier Device market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Peltier Device market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Peltier Device market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Peltier Device market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Peltier Device
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Peltier Device market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Ferrotec, KELK Ltd.(Komatsu), Coherent Corp (formerly II-VI Incorporated), Laird Thermal Systems, Z-MAX, KJLP, Thermion Company, Phononic, Guangdong Fuxin Technology, KYOCERA, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Peltier Device market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Multi-Stage
Single-Stage
Market segment by Application
Automobile
Military
Consumer electronics
Healthcare
Industrial
Others
Major players covered
Ferrotec
KELK Ltd.(Komatsu)
Coherent Corp (formerly II-VI Incorporated)
Laird Thermal Systems
Z-MAX
KJLP
Thermion Company
Phononic
Guangdong Fuxin Technology
KYOCERA
Thermonamic Electronics
TE Technology
Same Sky (formerly CUI Devices)
Kryotherm Industries
Crystal Ltd
Wakefield Thermal
Pelonis Technologies
Zhejiang Wangu Semiconductor
P&N Technology
JiangXi Arctic Industrial
Henan Hongchang Electronic
Wei County Zhongtian Electron Stock Cooperative
Beijing Xinyu Kaimeng Electronic Technology
Beijing Huimao Refrigeration Equipment
Hangzhou Aurin Cooling Device
Hangzhou Aurin Cooling Device
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Peltier Device product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Peltier Device, with price, sales quantity, revenue, and global market share of Peltier Device from 2020 to 2025.
Chapter 3, the Peltier Device competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Peltier Device breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Peltier Device market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Peltier Device.
Chapter 14 and 15, to describe Peltier Device sales channel, distributors, customers, research findings and conclusion.
Table of Contents
170 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Peltier Device by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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