About Semiconductor Cooler
Semiconductor coolers are TECs used by semiconductor companies. The key vendors in the market include II-VI Marlow Industries, Ferrotec, Liard, TE Technologies, and Komatsu. They are engaged in stiff competition by offering cutting-edge products to consumers in different sectors.
Technavio’s analysts forecast the global semiconductor cooler market to grow at a CAGR of 8.15% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global semiconductor cooler market for the period 2016-2020. To calculate the market size, the report considers revenue generated from the sales of thermoelectric coolers (TECs) to semiconductor component manufacturers.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Semiconductor Cooler Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Semiconductor Cooler Market: II-VI Marlow Industries, Ferrotec, Liard, and TE Technology
Other Prominent Vendors in the market are: Komatsu, Hicooltec, RMT, Thermion, Wellen Technology, Micropelt, Hi-Z Technology, Merit Technology Group, and Tellurex.
Commenting on the report, an analyst from Technavio’s team said: “The IoT is the latest trend in the global technology arena. In simple terms, the IoT connects essential electronic devices to the Internet. Due to this, future households will have numerous interconnected electronics that will sense the surrounding environment and react accordingly. The significant technological requirements of the IoT are likely to generate the need for specialized TECs, especially for energy harvesting.”
According to the report, the market is driven by a number of factors such as the emergence of advanced consumer electronics, advances in smart home and smart grid technology, and the need for optimized energy consumption.
Further, the report states that the uncertain global economic situation and cyclical nature of the semiconductor industry hiders the market growth.
II-VI Marlow Industries, Ferrotec, Liard, TE Technology, Komatsu, Hicooltec, RMT, Thermion, Wellen Technology, Micropelt, Hi-Z Technology, Merit Technology Group, Tellurex.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook