An automotive thermoelectric generator converts some of the waste heat of an internal combustion engine into electricity, making use of the Seebeck Effect. The demand to recover the waste heat generated by various industries is increasing. Owing to increasing environmental concerns, the necessity to improve the efficiency of engines is rising. The automotive thermoelectric generators play a vital role in growing capability by utilizing waste heat.
MARKET DYNAMICS
The increasing fuel efficiency requirements and rising greenhouse gas emission are some of the significant factors driving the growth of the automotive thermoelectric generator market. However, the high production cost of thermoelectric material and increasing demand for electric vehicles are some of the major factors which may restrain the growth of the automotive thermoelectric generator market. Nevertheless, rapid commercialization in the automotive industry is anticipated to generate new opportunities for the growth of the automotive thermoelectric generator market.
MARKET SCOPE
The "Global Automotive Thermoelectric Generator Market Analysis to 2028" is a specialized and in-depth study of the automotive thermoelectric generator market with a special focus on the global market trend analysis. The report aims to provide an overview of automotive thermoelectric generator market with detailed market segmentation by material type, components, vehicle type. The global automotive thermoelectric generator market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive thermoelectric generator market players and offers key trends and opportunities in the automotive thermoelectric generator market.
MARKET SEGMENTATION
The global automotive thermoelectric generator market is segmented on the basis of material type, components, vehicle type. On the basis of material type, the market is segmented as bismuth telluride (bi2te3), lead telluride (pbte), skutterudite, magnesium silicide. On the basis of component, the market is segmented as thermoelectric module, cooling plates, heat exchangers, others. On the basis of vehicle type, the market is segmented as passenger vehicles, commercial vehicles.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automotive thermoelectric generator market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The automotive thermoelectric generator market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting automotive thermoelectric generator market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the automotive thermoelectric generator market in these regions.
MARKET PLAYERS
The reports cover key developments in the automotive thermoelectric generator market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from automotive thermoelectric generator market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive thermoelectric generator market. Below mentioned is the list of few companies engaged in the automotive thermoelectric generator market.
The report also includes the profiles of key automotive thermoelectric generator market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- II-VI Marlow
- European Thermodynamics Ltd.
- Ferrotec Corporation
- Gentherm
- Laird
- otego GmbH
- RMT Ltd.
- Tenneco Inc
- Thermonamic Electronics(Jiangxi) Corp., Ltd.
- Yamaha Corporation.
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