Thermoelectric Generators Market Trends, Growth and Forecasts 2014 to 2021
Research Report on Global Thermoelectric Generators Market 2014 to 2021 added by DecisionDatabases.com studies the current and upcoming Market Size, Share, Demand, Growth, Trend and Forecast.
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Thermoelectric generators (TEG) are solid-state devices which convert temperature difference between two materials into electrical energy. Thermoelectric generators (TEG) are based on the principles of Seebeck effect. Some common thermoelectric materials are Bismuth Telluride (Bi2Te3), Lead Telluride (PbTe), Silicon Germanium (SiGe), and Bismuth-Antimony (Bi-Sb) among others.
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These generators are being preferred because they are silent, highly reliable, have low operational and maintenance cost, and can work in harsh and remote environments. Another important factor is its scalability, which makes its application feasible to any size of heat source.
There are varieties of thermoelectric generators available in the market today, they vary based on their operating voltage, temperature, materials they are made up of and how they are controlled. Initially, thermoelectric generators were used to find application only as heating or cooling devices but recent research activities have developed them as energy harvesting devices. Thermoelectric generators find application in automotive, industrial, sensors, wearables and others. Lately thermoelectric generators are being used for waste heat recovery.
North America leads the global thermoelectric generators market followed by Asia-Pacific and the Rest of the World (RoW).
Major player assessed in the report is :
– Evident Thermoelectrics
– Laird / Nextreme
– Perpetua Power Source Technologies, Inc.
Extensive research is being carried out to harness the unused waste heat from various sources like machines, power stations, and automotive among others to reduce the fuel consumption and enhance efficiency of these machines. Thermoelectric generators (TEG) are gaining popularity as an upcoming “green technology” because it converts waste heat (zero cost) into electrical energy, thus adding to its market growth. The only major constraint in achieving this is its high cost and lower efficiency. Research is being carried out to make this TE technology commercially viable.
SEGMENTATION IN THE REPORT :
1. Thermoelectric Generators By Application :
2. Thermoelectric Generators By Power :
– <30 W
3. Thermoelectric Generators By Temperature :
– <100 Degree C
– 100 -500 Degree C
– >500–1K Degree C
4. Thermoelectric Generators By Material :
5. Thermoelectric Generators By Controllers :
– Single Directional
– Bi Directional
– Multi Directional
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