Single User License: Thermoelectric Devices Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 - 2023 USD 4315.5 Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Flat 10% Discount!! Free Customization as per your requirement You will get Custom Report at Syndicated Report price Report will be delivered with in 15-20 working days Request Sample Buy Now REPORT DESCRIPTION Machines and vehicles can generate surprisingly high amounts of heat that escapes into the air, resulting in the wastage of energy. In fact, in the United States alone, about 50% of all of the country’s energy is wasted in the form of heat dissipating into air. Thermoelectric devices can transform heat to power (by converting temperature differences to electrical energy) – an attribute that makes them suited for applications where heat is produced by a device as a byproduct and ends up dissipating into the air. Browse Thermoelectric Devices Market Report with Full TOC at http://www.transparencymarketresearch.com/thermoelectric-devices-market.html The power produced by thermoelectric devices can be ploughed back into the same application or stored for use in the future. Thermoelectric devices are also referred to as energy harvesting devices. It is thus evident that as awareness spreads about harnessing thermal energy produced from electronics, vehicles, and heavy machinery, the global thermoelectric devices market will gather momentum. The thermoelectric devices market features companies such as Gentherm, KELK Ltd., Evident Thermoelectrics, II-VI Marlow, Inc., Romny Scientific, Inc., Perpetua Power Source Technologies, Inc., and others. Compact Form Factor and Seamless Integration Dictate Thermoelectric Devices Players in the global thermoelectric devices market increasingly find themselves modifying their products to suit the fast evolving needs of consumers across industry verticals. Major application areas of thermoelectric devices are healthcare, WSN, consumer goods, military and aerospace, and industrial machinery. Considerable time and resources are being invested in thermoelectric device innovations expanding the current application base markedly. For instance, a recent project at the Delft University of Technology has used coupled quantum dots for energy harvesting. More such projects will aid the expansion of the global thermoelectric devices market by adding to the existing functionalities of such devices. Besides form factor, other physical attributes of thermoelectric devices, such as their stretchability and flexibility are becoming integral too. Automotive Sector Takes Lead in Thermoelectric Devices The automotive sector represents a massive opportunity for players in the thermoelectric devices market. Vehicles generate large amounts of power that can be harvested using thermoelectric devices. Companies such as Volvo, Ford, Volkswagen, and BMW have been early movers in this area, having collaborated with NASA to develop heat recovery and harvesting systems that can be deployed in vehicles. These systems are being separately developed by each major player and will likely be seen in their on-road models soon. While the specifics of these systems are not yet known, these auto majors have stated that they expect an improvement of at least three percent in the fuel economy of vehicles with the use of a thermoelectric device. Besides the automotive sector, electronics are known to generate considerable amounts of energy as a byproduct of their operation. Servers, for instance, generate a great amount of heat that can be harvested and re-used in other applications. Besides affording economy, such systems will also help reduce carbon emissions. 2015 estimates show that worldwide, there are at least 300 laboratories engaged in R&D pertaining to thermoelectric devices. Countries such as China, Korea, and the United States enjoy a leading position in the global thermoelectric devices market. It is thus expected that the market for thermoelectric devices will largely be concentrated in these national markets. About Us Transparency Market Research (TMR) is a market intelligence company providing global business research reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources along with various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information which is indispensable for businesses to sustain their competitive edge. Inquiry Before Buying: http://www.transparencymarketresearch.com/sample/sample.php? flag=B&rep_id=6050 Latest Press Release Reports: http://www.transparencymarketresearch.com/press-releases.htm Latest Articles Reports: http://www.transparencymarketresearch.com/articles.htm Contact: Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Browse TMR Blog Energy Reports : http://www.tmrblog.com/search/label/Energy
Leading market intelligence firm Transparency Market Research has featured a new market study on its official website. The report examines the global thermoelectric devices market and presents forecasts for the overall market and its major segments for the period between 2015 and 2023. The report is titled ‘Thermoelectric Devices Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 – 2023.’ Complete Report with TOC : http://www.transparencymarketresearch.com/thermoelectric-devices-market.html The thermoelectric devices market has risen in prominence in the last few years due to the growing recognition of the problem of energy scarcity. The impending exacerbation in the problem due to the falling stockpiles of natural gas and oil and the inability of renewable energy sources to catch up with conventional fuels have led to energy conservation emerging as a key method to cut down on the total amount of energy consumed. In this regard, thermoelectric devices are extremely important, since they can be incorporated into existing systems with relative ease.
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