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Thermoelectric Generators Market worth $715.8 Million by 2022

The thermoelectric generators market is projected to grow at a CAGR of 14.20% from 2017 to 2022. Key drivers influencing the growth of the thermoelectric generators market include rapid commercialization of thermoelectric generators in the automotive indutry, and increasing demand for miniaturized TEGs.

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Thermoelectric Generators Market worth $715.8 Million by 2022

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  1. Thermoelectric Generators Market worth $715.8 Million by 2022 This report provides a detailed analysis of the Thermoelectric Generators (TEG) market from 2017 to 2022. It discusses industry and technological trends prevailing in the market and examines factors that are expected to drive or restrain the growth of the market in the near future. The thermoelectric generators market is projected to grow at a CAGR of 14.20% from 2017 to 2022. Key drivers influencing the growth of the thermoelectric generators market commercialization generators in the automotive indutry, and increasing demand for miniaturized TEGs. include thermoelectric rapid of Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=91553904 This report studies the global thermoelectric generators market over the forecast period from 2015 to 2020. The market is projected to reach USD 547.7 Million by the end of 2020, at CAGR of 13.8% from 2015 onwards. Browse 78 market data tables and 69 figures spread through 158 pages and in-depth TOC on "Thermoelectric Generators Market" https://www.marketsandmarkets.com/Market-Reports/thermoelectric-generators-market- 91553904.html Early buyers will receive 10% customization on this report. The thermoelectric generators market in the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. The growth of this market is mainly attributed to rise in industrialization, owing to growth in emerging economies such as China and India. Increased demand for waste heat recovery is expected to drive market in the region. The thermoeelctric generators market is segmented on the basis of end user, material, wattage, source, component, temperature, and region. On the basis of end user, the thermoelectric generators market has been segmented into automotive, aerospace, defense, industrial, consumer, and others. The industrial segment is expected to grow at the highest CAGR during the forecast period. This is mainly attributed to

  2. the increasing usage of thermoelectric generators for energy harvesting and electricity generation through the utilization of industrial waste heat. Based on material, the thermoelectric generators market has been segmented into Bismuth Telluride (BiTe), Lead Telluride (PbTe), and other materials. The others segment is expected to grow at the highest CAGR during the forecast period, owing to the introduction of new materials which are more efficient and are lower in cost as compared to traditional materials. On the basis of wattage, the thermoelectric generators market has been segmented into low power (<10W), medium power (10W-1KW), and high power (>1KW). The low power segment is projected to grow at the highest CAGR during the forecast period, due to increasing use in self-powered sensors, majorly in the defense and consumer industries. Based on temperature, the thermoelectric generators market has been segmented into low temperature (<80°C), medium temperature (80°-500°C), and high temperature (>500°C). The low temperature (<80°C) segment is expected to grow at the highest CAGR during the forecast period, due to an increase in demand in various applications such as wireless personal location devices, medical/fitness monitoring, personal protection, wearable, and ultra-low power mobile consumer electronics, among others, which are driving the thermoelectric generators market. Inquiry before buying: https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=91553904 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441

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