Product Code: TMRGL86222
Solid State Cooling Market - Scope of Report
TMR's report on the global solid state cooling market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2024 to 2034. The report provides revenue of the global solid state cooling market for the period 2018-2034, considering 2024 as the base year and 2034 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global solid state cooling market from 2024 to 2034.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the solid state cooling market.
Market Snapshot |
Market Value in 2023 | US$ 780 Mn |
Market Value in 2034 | US$ 1.7 Bn |
CAGR | 7.3% |
Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global solid state cooling market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global solid state cooling market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global solid state cooling market.
The report delves into the competitive landscape of the global solid state cooling market. Key players operating in the global solid state cooling market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global solid state cooling market profiled in this report.
Key Questions Answered in Global solid state cooling Market Report:
- What is the sales/revenue generated by solid state cooling across all regions during the forecast period?
- What are the opportunities in the global solid state cooling market?
- What are the major drivers, restraints, opportunities, and threats in the market?
- Which regional market is set to expand at the fastest CAGR during the forecast period?
- Which segment is expected to generate the highest revenue globally in 2034?
- Which segment is projected to expand at the highest CAGR during the forecast period?
- What are the market positions of different companies operating in the global market?
Solid State Cooling Market - Research Objectives and Research Approach
The comprehensive report on the global solid state cooling market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global solid state cooling market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2034 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global solid state cooling market.
Table of Contents
1. Preface
- 1.1. Market and Segment Definitions
- 1.2. Market Taxonomy
- 1.3. Research Methodology
- 1.4. Assumption and Acronyms
2. Executive Summary
- 2.1. Global Solid State Cooling Market Overview
- 2.2. Regional Outline
- 2.3. Industry Outline
- 2.4. Market Dynamics Snapshot
- 2.5. Competition Blueprint
3. Market Dynamics
- 3.1. Macro-economic Factors
- 3.2. Drivers
- 3.3. Restraints
- 3.4. Opportunities
- 3.5. Key Trends
- 3.6. Regulatory Framework
4. Associated Industry and Key Indicator Assessment
- 4.1. Parent Industry Overview
- 4.2. Ecosystem Analysis
- 4.3. Pricing Analysis
- 4.4. Technology Roadmap Analysis
- 4.5. Industry SWOT Analysis
- 4.6. Porter's Five Forces Analysis
5. Global Solid State Cooling Market Analysis, by Type
- 5.1. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Type, 2020-2034
- 5.1.1. Single-stage
- 5.1.2. Multi-stage
- 5.2. Market Attractiveness Analysis, by Type
6. Global Solid State Cooling Market Analysis, by Technology
- 6.1. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Technology, 2020-2034
- 6.1.1. Thermoelectric
- 6.1.2. Electrocaloric
- 6.1.3. Magnetocaloric
- 6.1.4. Others (Elastocaloric, Barocaloric, etc.)
- 6.2. Market Attractiveness Analysis, by Technology
7. Global Solid State Cooling Market Analysis, By Application
- 7.1. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By Application, 2020-2034
- 7.1.1. Telecom Devices
- 7.1.2. Refrigerators
- 7.1.3. Battery Thermal Management
- 7.1.4. Heated and Cooled Vehicle Seats
- 7.1.5. Industrial Equipment
- 7.1.6. Air Conditioners
- 7.1.7. Chillers
- 7.1.8. Others (Laboratory and Scientific Equipment, Thermal Therapy Devices, etc.)
- 7.2. Market Attractiveness Analysis, By Application
8. Global Solid State Cooling Market Analysis and Forecast, By End-use Industry
- 8.1. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By End-use Industry, 2020-2034
- 8.1.1. Automotive
- 8.1.2. Food and Beverages
- 8.1.3. Aerospace and Defense
- 8.1.4. Semiconductor and Electronics
- 8.1.5. IT and Telecommunications
- 8.1.6. Industrial
- 8.1.7. Others (Healthcare, Research and Academia, etc.)
- 8.2. Market Attractiveness Analysis, By End-use Industry
9. Global Solid State Cooling Market Analysis and Forecast, by Region
- 9.1. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Region, 2020-2034
- 9.1.1. North America
- 9.1.2. Europe
- 9.1.3. Asia Pacific
- 9.1.4. Middle East & Africa
- 9.1.5. South America
- 9.2. Market Attractiveness Analysis, by Region
10. North America Solid State Cooling Market Analysis and Forecast
- 10.1. Market Snapshot
- 10.2. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Type, 2020-2034
- 10.2.1. Single-stage
- 10.2.2. Multi-stage
- 10.3. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Technology, 2020-2034
- 10.3.1. Thermoelectric
- 10.3.2. Electrocaloric
- 10.3.3. Magnetocaloric
- 10.3.4. Others (Elastocaloric, Barocaloric, etc.)
- 10.4. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By Application, 2020-2034
- 10.4.1. Telecom Devices
- 10.4.2. Refrigerators
- 10.4.3. Battery Thermal Management
- 10.4.4. Heated and Cooled Vehicle Seats
- 10.4.5. Industrial Equipment
- 10.4.6. Air Conditioners
- 10.4.7. Chillers
- 10.4.8. Others (Laboratory and Scientific Equipment, Thermal Therapy Devices, etc.)
- 10.5. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By End-use Industry, 2020-2034
- 10.5.1. Automotive
- 10.5.2. Food and Beverages
- 10.5.3. Aerospace and Defense
- 10.5.4. Semiconductor and Electronics
- 10.5.5. IT and Telecommunications
- 10.5.6. Industrial
- 10.5.7. Others (Healthcare, Research and Academia, etc.)
- 10.6. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Country, 2020-2034
- 10.6.1. U.S.
- 10.6.2. Canada
- 10.6.3. Rest of North America
- 10.7. Market Attractiveness Analysis
- 10.7.1. By Type
- 10.7.2. By Technology
- 10.7.3. By Application
- 10.7.4. By End-use Industry
- 10.7.5. By Country
11. Europe Solid State Cooling Market Analysis and Forecast
- 11.1. Market Snapshot
- 11.2. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Type, 2020-2034
- 11.2.1. Single-stage
- 11.2.2. Multi-stage
- 11.3. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Technology, 2020-2034
- 11.3.1. Thermoelectric
- 11.3.2. Electrocaloric
- 11.3.3. Magnetocaloric
- 11.3.4. Others (Elastocaloric, Barocaloric, etc.)
- 11.4. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By Application, 2020-2034
- 11.4.1. Telecom Devices
- 11.4.2. Refrigerators
- 11.4.3. Battery Thermal Management
- 11.4.4. Heated and Cooled Vehicle Seats
- 11.4.5. Industrial Equipment
- 11.4.6. Air Conditioners
- 11.4.7. Chillers
- 11.4.8. Others (Laboratory and Scientific Equipment, Thermal Therapy Devices, etc.)
- 11.5. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By End-use Industry, 2020-2034
- 11.5.1. Automotive
- 11.5.2. Food and Beverages
- 11.5.3. Aerospace and Defense
- 11.5.4. Semiconductor and Electronics
- 11.5.5. IT and Telecommunications
- 11.5.6. Industrial
- 11.5.7. Others (Healthcare, Research and Academia, etc.)
- 11.6. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2020-2034
- 11.6.1. U.K.
- 11.6.2. Germany
- 11.6.3. France
- 11.6.4. Italy
- 11.6.5. Spain
- 11.6.6. Rest of Europe
- 11.7. Market Attractiveness Analysis
- 11.7.1. By Type
- 11.7.2. By Technology
- 11.7.3. By Application
- 11.7.4. By End-use Industry
- 11.7.5. By Country/Sub-region
12. Asia Pacific Solid State Cooling Market Analysis and Forecast
- 12.1. Market Snapshot
- 12.2. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Type, 2020-2034
- 12.2.1. Single-stage
- 12.2.2. Multi-stage
- 12.3. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Technology, 2020-2034
- 12.3.1. Thermoelectric
- 12.3.2. Electrocaloric
- 12.3.3. Magnetocaloric
- 12.3.4. Others (Elastocaloric, Barocaloric, etc.)
- 12.4. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By Application, 2020-2034
- 12.4.1. Telecom Devices
- 12.4.2. Refrigerators
- 12.4.3. Battery Thermal Management
- 12.4.4. Heated and Cooled Vehicle Seats
- 12.4.5. Industrial Equipment
- 12.4.6. Air Conditioners
- 12.4.7. Chillers
- 12.4.8. Others (Laboratory and Scientific Equipment, Thermal Therapy Devices, etc.)
- 12.5. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By End-use Industry, 2020-2034
- 12.5.1. Automotive
- 12.5.2. Food and Beverages
- 12.5.3. Aerospace and Defense
- 12.5.4. Semiconductor and Electronics
- 12.5.5. IT and Telecommunications
- 12.5.6. Industrial
- 12.5.7. Others (Healthcare, Research and Academia, etc.)
- 12.6. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2020-2034
- 12.6.1. China
- 12.6.2. Japan
- 12.6.3. India
- 12.6.4. South Korea
- 12.6.5. ASEAN
- 12.6.6. Rest of Asia Pacific
- 12.7. Market Attractiveness Analysis
- 12.7.1. By Type
- 12.7.2. By Technology
- 12.7.3. By Application
- 12.7.4. By End-use Industry
- 12.7.5. By Country/Sub-region
13. Middle East & Africa Solid State Cooling Market Analysis and Forecast
- 13.1. Market Snapshot
- 13.2. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Type, 2020-2034
- 13.2.1. Single-stage
- 13.2.2. Multi-stage
- 13.3. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Technology, 2020-2034
- 13.3.1. Thermoelectric
- 13.3.2. Electrocaloric
- 13.3.3. Magnetocaloric
- 13.3.4. Others (Elastocaloric, Barocaloric, etc.)
- 13.4. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By Application, 2020-2034
- 13.4.1. Telecom Devices
- 13.4.2. Refrigerators
- 13.4.3. Battery Thermal Management
- 13.4.4. Heated and Cooled Vehicle Seats
- 13.4.5. Industrial Equipment
- 13.4.6. Air Conditioners
- 13.4.7. Chillers
- 13.4.8. Others (Laboratory and Scientific Equipment, Thermal Therapy Devices, etc.)
- 13.5. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By End-use Industry, 2020-2034
- 13.5.1. Automotive
- 13.5.2. Food and Beverages
- 13.5.3. Aerospace and Defense
- 13.5.4. Semiconductor and Electronics
- 13.5.5. IT and Telecommunications
- 13.5.6. Industrial
- 13.5.7. Others (Healthcare, Research and Academia, etc.)
- 13.6. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2020-2034
- 13.6.1. GCC
- 13.6.2. South Africa
- 13.6.3. Rest of Middle East & Africa
- 13.7. Market Attractiveness Analysis
- 13.7.1. By Type
- 13.7.2. By Technology
- 13.7.3. By Application
- 13.7.4. By End-use Industry
- 13.7.5. By Country/Sub-region
14. South America Solid State Cooling Market Analysis and Forecast
- 14.1. Market Snapshot
- 14.2. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Type, 2020-2034
- 14.2.1. Single-stage
- 14.2.2. Multi-stage
- 14.3. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Technology, 2020-2034
- 14.3.1. Thermoelectric
- 14.3.2. Electrocaloric
- 14.3.3. Magnetocaloric
- 14.3.4. Others (Elastocaloric, Barocaloric, etc.)
- 14.4. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By Application, 2020-2034
- 14.4.1. Telecom Devices
- 14.4.2. Refrigerators
- 14.4.3. Battery Thermal Management
- 14.4.4. Heated and Cooled Vehicle Seats
- 14.4.5. Industrial Equipment
- 14.4.6. Air Conditioners
- 14.4.7. Chillers
- 14.4.8. Others (Laboratory and Scientific Equipment, Thermal Therapy Devices, etc.)
- 14.5. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By End-use Industry, 2020-2034
- 14.5.1. Automotive
- 14.5.2. Food and Beverages
- 14.5.3. Aerospace and Defense
- 14.5.4. Semiconductor and Electronics
- 14.5.5. IT and Telecommunications
- 14.5.6. Industrial
- 14.5.7. Others (Healthcare, Research and Academia, etc.)
- 14.6. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2020-2034
- 14.6.1. Brazil
- 14.6.2. Argentina
- 14.6.3. Rest of South America
- 14.7. Market Attractiveness Analysis
- 14.7.1. By Type
- 14.7.2. By Technology
- 14.7.3. By Application
- 14.7.4. By End-use Industry
- 14.7.5. By Country/Sub-region
15. Competition Assessment
- 15.1. Global Solid State Cooling Market Competition Matrix - a Dashboard View
- 15.1.1. Global Solid State Cooling Market Company Share Analysis, by Value (2023)
- 15.1.2. Technological Differentiator
16. Company Profiles (Global Manufacturers/Suppliers)
- 16.1. Ferrotec Holdings Corporation
- 16.1.1. Overview
- 16.1.2. Product Portfolio
- 16.1.3. Sales Footprint
- 16.1.4. Key Subsidiaries or Distributors
- 16.1.5. Strategy and Recent Developments
- 16.1.6. Key Financials
- 16.2. Te Technology, Inc.
- 16.2.1. Overview
- 16.2.2. Product Portfolio
- 16.2.3. Sales Footprint
- 16.2.4. Key Subsidiaries or Distributors
- 16.2.5. Strategy and Recent Developments
- 16.2.6. Key Financials
- 16.3. Align Sourcing LLC.
- 16.3.1. Overview
- 16.3.2. Product Portfolio
- 16.3.3. Sales Footprint
- 16.3.4. Key Subsidiaries or Distributors
- 16.3.5. Strategy and Recent Developments
- 16.3.6. Key Financials
- 16.4. AMS Technologies Ag
- 16.4.1. Overview
- 16.4.2. Product Portfolio
- 16.4.3. Sales Footprint
- 16.4.4. Key Subsidiaries or Distributors
- 16.4.5. Strategy and Recent Developments
- 16.4.6. Key Financials
- 16.5. Coherent Corp.
- 16.5.1. Overview
- 16.5.2. Product Portfolio
- 16.5.3. Sales Footprint
- 16.5.4. Key Subsidiaries or Distributors
- 16.5.5. Strategy and Recent Developments
- 16.5.6. Key Financials
- 16.6. Crystal Ltd.
- 16.6.1. Overview
- 16.6.2. Product Portfolio
- 16.6.3. Sales Footprint
- 16.6.4. Key Subsidiaries or Distributors
- 16.6.5. Strategy and Recent Developments
- 16.6.6. Key Financials
- 16.7. Delta Electronics, Inc.
- 16.7.1. Overview
- 16.7.2. Product Portfolio
- 16.7.3. Sales Footprint
- 16.7.4. Key Subsidiaries or Distributors
- 16.7.5. Strategy and Recent Developments
- 16.7.6. Key Financials
- 16.8. EVERREDtronics
- 16.8.1. Overview
- 16.8.2. Product Portfolio
- 16.8.3. Sales Footprint
- 16.8.4. Key Subsidiaries or Distributors
- 16.8.5. Strategy and Recent Developments
- 16.8.6. Key Financials
- 16.9. Komatsu
- 16.9.1. Overview
- 16.9.2. Product Portfolio
- 16.9.3. Sales Footprint
- 16.9.4. Key Subsidiaries or Distributors
- 16.9.5. Strategy and Recent Developments
- 16.9.6. Key Financials
- 16.10. Laird Thermal Systems, Inc.
- 16.10.1. Overview
- 16.10.2. Product Portfolio
- 16.10.3. Sales Footprint
- 16.10.4. Key Subsidiaries or Distributors
- 16.10.5. Strategy and Recent Developments
- 16.10.6. Key Financials
- 16.11. MERIT TECHNOLOGY GROUP
- 16.11.1. Overview
- 16.11.2. Product Portfolio
- 16.11.3. Sales Footprint
- 16.11.4. Key Subsidiaries or Distributors
- 16.11.5. Strategy and Recent Developments
- 16.11.6. Key Financials
- 16.12. Phononic
- 16.12.1. Overview
- 16.12.2. Product Portfolio
- 16.12.3. Sales Footprint
- 16.12.4. Key Subsidiaries or Distributors
- 16.12.5. Strategy and Recent Developments
- 16.12.6. Key Financials
- 16.13. Solid State Cooling Systems
- 16.13.1. Overview
- 16.13.2. Product Portfolio
- 16.13.3. Sales Footprint
- 16.13.4. Key Subsidiaries or Distributors
- 16.13.5. Strategy and Recent Developments
- 16.13.6. Key Financials
- 16.14. TEC Microsystems GmbH
- 16.14.1. Overview
- 16.14.2. Product Portfolio
- 16.14.3. Sales Footprint
- 16.14.4. Key Subsidiaries or Distributors
- 16.14.5. Strategy and Recent Developments
- 16.14.6. Key Financials
- 16.15. Thermonamic Electronics (Jiangxi) Corp., Ltd.
- 16.15.1. Overview
- 16.15.2. Product Portfolio
- 16.15.3. Sales Footprint
- 16.15.4. Key Subsidiaries or Distributors
- 16.15.5. Strategy and Recent Developments
- 16.15.6. Key Financials
17. Go to Market Strategy
- 17.1. Identification of Potential Market Spaces
- 17.2. Preferred Sales & Marketing Strategy