Thermoelectric Devices Market was valued at USD 514.08 Mn in 2024, and total global Thermoelectric Devices Market revenue is expected to grow at a CAGR of 8% from 2025 to 2032, reaching nearly USD 1001.50 Mn.Thermoelectric Devices Market Overview
Thermoelectric devices are the solid-state devices which converts temperature differences directly into electrical energy or provide efficient cooling, these devices are compact, reliable and crucial for energy harvesting and sustainable power solutions. A key driver is the growing global focus on recovering waste heat and reducing fossil fuel dependence through innovative clean technologies. Rising demand from automotive, military and electronics sectors fuels growth, while supply is supported by R&D advancements and expanded manufacturing facilities. North America dominates the market due to military modernization and energy efficiency initiatives, while Asia Pacific, especially China, Japan, and Malaysia, is growing rapidly due to manufacturing expansion and Asia Pacific focused investments. Major players include TE Technology Inc., Laird Thermal Systems, Phononic Inc. and Ferrotec Corporation all leading with innovation in thermoelectric cooling and energy generation. Recent global trade tensions and tariff impacted companies to diversify supply chains and invest in regional manufacturing to mitigate risks and improve responsiveness. For instance, imposition of U.S.& China tariffs on electronic components and rare earth materials key inputs for thermoelectric modules has pushed manufacturers like Ferrotec and Phononic to expand production facilities outside China. Ferrotec, also began constructing a new thermoelectric device manufacturing unit in Malaysia in April 2025 to strengthen its Southeast Asian supply chain and reduce dependency on Chinese exports. Report covers the Thermoelectric Devices Market dynamic, structure by analysing market segments and projecting Thermoelectric Devices Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies and regional presence in Thermoelectric Devices Market.To know about the Research Methodology :- Request Free Sample Report
Thermoelectric Devices Market Dynamics
More than two third part of the energy generated by conventional sources is lost as heat. Recovering those energy loses can help to create a more efficient way to produce energy for a sustainable development of our society. By using thermoelectric devices it is possible to produce energy from temperature gradients. Due to the increasing need for energy demand and inherent depletion of the fossil fuels, there is a great interest by the scientific and political community to develop new ways for the sustainability of energy production, which acts as a driving factor to the growth of Global Thermoelectric Devices Market. Thermoelectric Devices are light weight, have the ability of supplying unlimited power from the body heatand are also safe, stable and reliable devices. Technological advancements and government policies to reduce waste energy and the insufficiency of energy transfer has developed huge investments in the Global Thermoelectric Devices Market. Thermoelectric Devices are expensive and the efficiency is also low, which acts as restraining factors to the growth of the thermoelectric device market. The main challenge for thermoelectric devices design is the device performance, and the compromise between material parameters to increase the quality.Thermoelectric Devices Market Segment Analysis
Based on type, the Thin Film Thermoelectric Devices segment market was dominant in 2024 and is expected to grow at same rate during forecast period. Thin film thermoelectric devices offer new operating regime for integrated, active cooling solutions. They are small devices with size of only 0.6mm, making them the thinnest thermoelectric modules available and they pump power to enable new applications in electronics, photonics, medical devices and instrumentation. Because of its high-power pumping capability, they also operate at higher efficiencies relative to bulk devices at higher powers, which have contributed to the growth of the thin film thermoelectric devices segment. Based on application, Wireless Sensors & Networks segment was dominant in 2024 and is expected to grow at same rate during forecast period. Wireless sensors sense natural phenomena like temperature, pressure, acceleration, etc. and then transmit the sensor data via radio. Sensors wireless or not, play an important role in technical systems since they give a picture of the systems status. They are easy to place and install without wires but the problem occurs for power supply, which is fulfilled by the use of thermoelectric devices thereby boosting the growth of Global Thermoelectric Devices Market.Thermoelectric Devices Market Regional Insights
North America was the dominant region in 2024. Increased emphasis is placed on environmental concerns such as global warming, acid rain, and air pollution in North America, which is giving rise to the development of clean, highly efficient power producing technologies. While electric utilities in the United States have an excellent record of reliability, there is significant potential for improving the security of electrical power supplied by using on-site power generation, which have increased the demand for thermoelectric devices. U.S Military installations have created immediate opportunities to replace outdated equipment with modern technologies. The potential benefits of Thermoelectric Devices extend into the U.S. utility and non-utility power generation, industries and Department of Defense. Thermoelectric Devices offer the potential to improve the energy efficiency and environmental performance of power production throughout the U.S military. Thermoelectric Devices Market Competitive Landscape Top Key players TE Technology Inc., Laird Thermal Systems, II-VI Marlow, Phononic Inc., and Ferrotec Corporation of the Thermoelectric Devices market, are leading the market by their technological expertise, strong R&D focus and innovative product portfolios. These companies are among key global participants actively investing in high-efficiency thermoelectric modules, solid-state cooling systems and advanced materials. TE Technology Inc. is renowned for custom OEM solutions and wide application coverage across aerospace and medical sectors. Laird Thermal Systems continues to lead with its UltraTEC and Power Cycling product lines, designed for high-performance thermal management in demanding electronic and photonics applications. II-VI Marlow, integrated under Coherent Corp., maintains a dominant position through extensive investment in semiconductor materials and high-capacity manufacturing. Phononic Inc., a pioneer in solid-state cooling, is recognized for its compressor-free modules targeting medical, food & beverage and LiDAR cooling solutions backed by over USD 350 million in venture capital. Ferrotec Corporation stands out with its diversified presence across Japan, China and Europe and continues to strengthen its global footprint through R&D in bismuth telluride-based thermoelectric materials. With increasing demand for precision cooling and green technologies, these players are reshaping the competitive landscape through digital integration, sustainability and global channel expansion.Thermoelectric Devices Market Trends
Trends Description Rising Demand for Solid-State Cooling in Consumer & Medical Electronics Thermoelectric Devices are increasingly used for compact, energy-efficient cooling in portable electronics, photonics, and medical equipment (e.g., analyzers, vaccine storage, wearables). Growth of Automotive Waste Heat Recovery Systems (WHRS) Thermoelectric generators (TEGs) are integrated into vehicles to convert exhaust heat into electric power, improving fuel efficiency and reducing emissions. Sustainability & Energy Harvesting in Industrial and IoT Applications Thermoelectric devices are deployed in energy harvesting from heat differentials in industrial equipment, pipelines, and remote sensors—enabling battery-free or low-maintenance operations. Thermoelectric Devices Market Key Developments
• May 14, 2025, Laird Thermal Systems declared expansion of its global manufacturing operations by opening new facility in Chihuahua, Mexico aimed at improving thermoelectric module production efficiency and reducing lead times across U.S. • April 23, 2025, Ferrotec started construction of second high tech thermoelectric device manufacturing unit in Kulim, Kedah, Malaysia targeting for double regional production capacity and strengthen global supply. • June 7, 2024, Phononic Inc. was named in CNBC Disruptor 50 list for fifth consecutive year, recognizing its innovation in solid state cooling and sustainability leadership in thermoelectric applications. • April 19, 2024, Phononic Inc. launched a wholly owned subsidiary in Thailand to establish its Asia-Pacific regional headquarters, enhancing customer support, sales and supply chain responsiveness across APAC. • June 2023, Laird Thermal Systems launched OptoTEC MSX Series of miniature thermoelectric coolers advancements for telecom, medical and aerospace industries, offering high reliability in extreme environments.Thermoelectric Devices Scope - Inquire before buying
Thermoelectric Devices Market Report Coverage Details Base Year: 2024 Forecast Period: 2025-2032 Historical Data: 2019 to 2024 Market Size in 2024: USD 514.08 Mn. Forecast Period 2025 to 2032 CAGR: 8% Market Size in 2032: USD 1001.50Mn. Segments Covered: by Type Bulk Thermoelectric Devices Micro Thermoelectric Devices Thin film Thermoelectric Devices by Type Wireless Sensors & Networks Waste Heat Recover System for Vehicles Military & Aerospace Others Thermoelectric Devices Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Thermoelectric Devices Market Key Players are:
North America 1. TE Technology Inc. (USA) 2. Laird Thermal Systems (USA) 3. II-VI Marlow (USA) 4. RMT Ltd. (USA) 5. Phononic Inc. (USA) 6. CUI Devices (USA) 7. TECA – Thermo Electric Cooling America Corp. (USA) 8. Hi-Z Technology Inc. (USA) 9. All Electronics Corp. (USA) 10. Adafruit Industries (USA) Europe 11. TEC Microsystems GmbH (Germany) 12. Micropelt GmbH (Germany) 13. Z-MAX Co. Ltd. (Germany) 14. Color Expert GmbH (Germany) 15. Merit Technology Group (UK) 16. Thermion Company (Germany) 17. Tellurex Europe (Netherlands) 18. Ferrotec Europe GmbH (Germany) 19. Thermokon Sensortechnik GmbH (Germany) 20. Seebeck Technologies Ltd. (UK) Asia Pacific 21. Thermonamic Electronics Corp. Ltd. (China) 22. KELK Ltd. (Japan) 23. Guangdong Fuxin Technology Co., Ltd. (China) 24. Wellen Technology Co., Ltd. (China) 25. Hicooltec Electronic Co., Ltd. (China) 26. Custom Thermoelectric (China) 27. Ferrotec Corporation (Japan) Middle East & Africa 28. Komatsu Thermoelectrics (UAE) 29. Durex Industries ME (Saudi Arabia) South America 30. Tecnogera Energia (Brazil)FAQs
1. Which region has the largest share in Global Thermoelectric Devices Market? Ans: North America region held the highest share in 2024. 2. What is the growth rate of Global Thermoelectric Devices Market? Ans: The Global Thermoelectric Devices Market is growing at a CAGR of 8% during forecasting period 2025-2032. 3. What is scope of the Global Thermoelectric Devices Market report? Ans: Global Thermoelectric Devices Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. What was the Global Thermoelectric Devices Market size in 2024? Ans: The Global Thermoelectric Devices market was valued at USD 514.08 Mn in 2024. 5. What is the study period of this Market? Ans: The Global Thermoelectric Devices Market is studied from 2025 to 2032.
1. Thermoelectric Devices Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Thermoelectric Devices Market: Competitive Landscape 2.1. Ecosystem Analysis 2.2. MMR Competition Matrix 2.3. Competitive Landscape 2.4. Key Players Benchmarking 2.4.1. Company Name 2.4.2. Business Segment 2.4.3. End-user Segment 2.4.4. Revenue (2024) 2.4.5. Company Locations 2.5. Market Structure 2.5.1. Market Leaders 2.5.2. Market Followers 2.5.3. Emerging Players 2.6. Mergers and Acquisitions Details 2.7. KANO Model Analysis 3. Global Thermoelectric Devices Market: Dynamics 3.1. Region wise Trends of Thermoelectric Devices Market 3.1.1. North America Thermoelectric Devices Market Trends 3.1.2. Europe Thermoelectric Devices Market Trends 3.1.3. Asia Pacific Thermoelectric Devices Market Trends 3.1.4. Middle East and Africa Thermoelectric Devices Market Trends 3.1.5. South America Thermoelectric Devices Market 3.2. Thermoelectric Devices Market Dynamics 3.2.1. Global Thermoelectric Devices Market Drivers 3.2.1.1. Waste Heat Recovery 3.2.1.2. Energy Efficiency Demand 3.2.1.3. Military Modernization 3.2.2. Global Thermoelectric Devices Market Restraints 3.2.3. Global Thermoelectric Devices Market Opportunities 3.2.3.1. Automotive WHRS Growth 3.2.3.2. IoT Energy Harvesting 3.2.3.3. Solid-State Cooling 3.2.4. Global Thermoelectric Devices Market Challenges 3.3. PORTER’s Five Forces Analysis 3.4. PESTLE Analysis 3.4.1. Trade Tariffs Impact 3.4.2. Regional Manufacturing Shift 3.4.3. Environmental Regulations 3.5. Thermoelectric Devices Usage Rate (%), by region 3.6. Technological Advancements in Thermoelectric Devices 3.7. Price Trend Analysis by Region 3.8. Technological Roadmap 3.9. Regulatory Landscape by Region 3.9.1. North America 3.9.2. Europe 3.9.3. Asia Pacific 3.9.4. Middle East and Africa 3.9.5. South America 3.10. Analysis of Government Schemes and Initiatives for Thermoelectric Devices Industry 4. Thermoelectric Devices Market: Global Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2032) 4.1. Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 4.1.1. Bulk Thermoelectric Devices 4.1.2. Micro Thermoelectric Devices 4.1.3. Thin film Thermoelectric Devices 4.2. Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 4.2.1. Wireless Sensors & Networks 4.2.2. Waste Heat Recover System for Vehicles 4.2.3. Military & Aerospace 4.2.4. Others 4.3. Thermoelectric Devices Market Size and Forecast, By Region (2024-2032) 4.3.1. North America 4.3.2. Europe 4.3.3. Asia Pacific 4.3.4. Middle East and Africa 4.3.5. South America 5. North America Thermoelectric Devices Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2032) 5.1. North America Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 5.1.1. Bulk Thermoelectric Devices 5.1.2. Micro Thermoelectric Devices 5.1.3. Thin film Thermoelectric Devices 5.2. North America Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 5.2.1. Wireless Sensors & Networks 5.2.2. Waste Heat Recover System for Vehicles 5.2.3. Military & Aerospace 5.2.4. Others 5.3. North America Thermoelectric Devices Market Size and Forecast, by Country (2024-2032) 5.3.1. United States 5.3.1.1. United States Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 5.3.1.1.1. Bulk Thermoelectric Devices 5.3.1.1.2. Micro Thermoelectric Devices 5.3.1.1.3. Thin film Thermoelectric Devices 5.3.1.2. United States Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 5.3.1.3. Wireless Sensors & Networks 5.3.1.4. Waste Heat Recover System for Vehicles 5.3.1.5. Military & Aerospace 5.3.1.6. Others 5.3.2. Canada 5.3.2.1. Canada Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 5.3.2.1.1. Bulk Thermoelectric Devices 5.3.2.1.2. Micro Thermoelectric Devices 5.3.2.1.3. Thin film Thermoelectric Devices 5.3.2.2. Canada Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 5.3.2.2.1. Wireless Sensors & Networks 5.3.2.2.2. Waste Heat Recover System for Vehicles 5.3.2.2.3. Military & Aerospace 5.3.2.2.4. Others 5.3.3. Mexico 5.3.3.1. Mexico Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 5.3.3.1.1. Bulk Thermoelectric Devices 5.3.3.1.2. Micro Thermoelectric Devices 5.3.3.1.3. Thin film Thermoelectric Devices 5.3.3.2. Mexico Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 5.3.3.2.1. Wireless Sensors & Networks 5.3.3.2.2. Waste Heat Recover System for Vehicles 5.3.3.2.3. Military & Aerospace 5.3.3.2.4. Others 6. Europe Thermoelectric Devices Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2032) 6.1. Europe Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 6.2. Europe Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 6.3. Europe Thermoelectric Devices Market Size and Forecast, by Country (2024-2032) 6.3.1. United Kingdom 6.3.1.1. United Kingdom Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 6.3.1.2. United Kingdom Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 6.3.2. France 6.3.2.1. France Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 6.3.2.2. France Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 6.3.3. Germany 6.3.3.1. Germany Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 6.3.3.2. Germany Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 6.3.4. Italy 6.3.4.1. Italy Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 6.3.4.2. Italy Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 6.3.5. Spain 6.3.5.1. Spain Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 6.3.5.2. Spain Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 6.3.6. Sweden 6.3.6.1. Sweden Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 6.3.6.2. Sweden Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 6.3.7. Russia 6.3.7.1. Russia Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 6.3.7.2. Russia Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 6.3.8. Rest of Europe 6.3.8.1. Rest of Europe Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 6.3.8.2. Rest of Europe Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 7. Asia Pacific Thermoelectric Devices Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2032) 7.1. Asia Pacific Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 7.2. Asia Pacific Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 7.3. Asia Pacific Thermoelectric Devices Market Size and Forecast, by Country (2024-2032) 7.3.1. China 7.3.1.1. China Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 7.3.1.2. China Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 7.3.2. S Korea 7.3.2.1. S Korea Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 7.3.2.2. S Korea Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 7.3.3. Japan 7.3.3.1. Japan Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 7.3.3.2. Japan Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 7.3.4. India 7.3.4.1. India Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 7.3.4.2. India Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 7.3.5. Australia 7.3.5.1. Australia Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 7.3.5.2. Australia Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 7.3.6. Indonesia 7.3.6.1. Indonesia Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 7.3.6.2. Indonesia Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 7.3.7. Malaysia 7.3.7.1. Malaysia Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 7.3.7.2. Malaysia Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 7.3.8. Philippians 7.3.8.1. Philippians Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 7.3.8.2. Philippians Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 7.3.9. Thailand 7.3.9.1. Thailand Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 7.3.9.2. Thailand Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 7.3.10. Vietnam 7.3.10.1. Vietnam Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 7.3.10.2. Vietnam Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 7.3.11. Rest of Asia Pacific 7.3.11.1. Rest of Asia Pacific Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 7.3.11.2. Rest of Asia Pacific Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 8. Middle East and Africa Thermoelectric Devices Market Size and Forecast (by Value in USD Million) (2024-2032) 8.1. Middle East and Africa Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 8.2. Middle East and Africa Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 8.3. Middle East and Africa Thermoelectric Devices Market Size and Forecast, by Country (2024-2032) 8.3.1. South Africa 8.3.1.1. South Africa Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 8.3.1.2. South Africa Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 8.3.2. GCC 8.3.2.1. GCC Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 8.3.2.2. GCC Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 8.3.3. Egypt 8.3.3.1. Egypt Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 8.3.3.2. Egypt Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 8.3.4. Nigeria 8.3.4.1. Nigeria Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 8.3.4.2. Nigeria Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 8.3.5. Rest of ME&A 8.3.5.1. Rest of ME&A Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 8.3.5.2. Rest of ME&A Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 9. South America Thermoelectric Devices Market Size and Forecast by Segmentation (by Value in USD Million) (2025-2032) 9.1. South America Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 9.2. South America Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 9.3. South America Thermoelectric Devices Market Size and Forecast, By Country (2024-2032) 9.3.1. Brazil 9.3.1.1. Brazil Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 9.3.1.2. Brazil Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 9.3.2. Argentina 9.3.2.1. Argentina Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 9.3.2.2. Argentina Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 9.3.3. Colombia 9.3.4. Colombia Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 9.3.4.1. Colombia Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 9.3.5. Chile 9.3.5.1. Chile Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 9.3.5.2. Chile Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 9.3.6. Rest of South America 9.3.6.1. Rest of South America Thermoelectric Devices Market Size and Forecast, By Type (2024-2032) 9.3.6.2. Rest of South America Thermoelectric Devices Market Size and Forecast, By Application (2024-2032) 10. Company Profile: Key Players (Detailed Profile for all Major Industry Players) 10.1 TE Technology Inc. (USA) 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Recent Development 10.2. Laird Thermal Systems (USA) 10.3. II-VI Marlow (USA) 10.4. RMT Ltd. (USA) 10.5. Phononic Inc. (USA) 10.6. CUI Devices (USA) 10.7. TECA – Thermo Electric Cooling America Corp. (USA) 10.8. Hi-Z Technology Inc. (USA) 10.9. All Electronics Corp. (USA) 10.10. Adafruit Industries (USA) 10.11. TEC Microsystems GmbH (Germany) 10.12. Micropelt GmbH (Germany) 10.13. Z-MAX Co. Ltd. (Germany) 10.14. Color Expert GmbH (Germany) 10.15. Merit Technology Group (UK) 10.16. Thermion Company (Germany) 10.17. Tellurex Europe (Netherlands) 10.18. Ferrotec Europe GmbH (Germany) 10.19. Thermokon Sensortechnik GmbH (Germany) 10.20. Seebeck Technologies Ltd. (UK) 10.21. Thermonamic Electronics Corp. Ltd. (China) 10.22. KELK Ltd. (Japan) 10.23. Guangdong Fuxin Technology Co., Ltd. (China) 10.24. Wellen Technology Co., Ltd. (China) 10.25. Hicooltec Electronic Co., Ltd. (China) 10.26. Custom Thermoelectric (China) 10.27. Ferrotec Corporation (Japan) 10.28. Komatsu Thermoelectrics (UAE) 10.29. Durex Industries ME (Saudi Arabia) 10.30. Tecnogera Energia (Brazil) 11. Key Findings 12. Analyst Recommendations 13. Thermoelectric Devices Market: Research Methodology