Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.


Renewable energy is playing a major role in the electricity generation in current scenario, according to a report by Market Research Engine. Considering the life span and cost of non-rentable resources of energy, the demand of renewable resources is highly increasing.

Thermoelectric generators are one of the devices using renewable energy i.e. heat to produce electricity. It can also be used otherwise too. Thermoelectric generators (TEG)are solid state devices which convert temperature difference between two materials into electrical energy. Thermoelectric generators (TEG) are based on the principal of See beck effect.

Certain applications like automotive, aerospace, semiconductor networks are more likely to use power sources which have less maintenance and are low in cost. Durability also plays a crucial role in fitting the power source for places which are hostile and out of reach. TEGs perfectly fit in these places providing high reliability and greater efficiency. These low cost compact devices are more in demand because of its solid state adding advantage at immobile locations, durability and reliability and increased greenhouse effect.

The global market for thermoelectric generators is estimated to be US$ 320 million and is projected to grow to US$ 720 million with an impressive growth rate of14.5% from 2015 to 2021. North America is expected to capture more than two third of the market in current scenario and is projected to keep its supremacy over the forecast period. However, Asia Pacific and European countries are projected to grow at relatively higher growth rate.

The report gives a 360 degree analysis of the market covering the growth drivers, growth inhibitors, value chain analysis, new product launches and the market perspective of the global thermoelectric generator.

Browse the full report on “Global Thermoelectric Generator Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 –2021”

The major use of thermoelectric generators is expected from automotive end users. This segment is expected to grab more than half of the market for thermoelectric generators. Aerospace and industrial heat closely accounts the second and third position. Use of TEGs in space applications will continue to attract market demand.

This industry has limited manufacturers, mostly tier II or III. This market is led by U.S. manufacturer Gent herm Inc. having commanding market share of more than one fourth of the market value. Other companies involved are EVERREDtronics,Ferrotec, green TEG, GMZ Energy, Laird Plc, Micro pelt, Tellurex, ThermolifeEnergy Corporation, Yamaha Corp, Alphabet Energy, TECTEG MFR, Red Hawk Energy Systems, Komatsu Corp. and others.

Segmentations in Report:

  • Thermoelectric Generators By Application






<30 W

30-100 W



  • Thermoelectric Generators By Temperatures

<100 Degree C

100 -500 Degree C

500-1K degree C

> 1K degree C

  • Thermoelectric Generators By Material





  • Thermoelectric Generators By Controller

Single Directional

Bi Directional

Multi Directional

  • Customization of Report also provides client’s business specific and client’s requirement specific research reports.

Clients can also buy company profiles for Global Thermoelectric Generators market without buying full report.

  • com is one stop shop for your Market researchrequirements like market reports, company profiles and industry databases. Ourteam consists of expert Business Analysts who have been trained to map yourresearch requirement to the correct research resource.



Toll Free No.: +1-855-984-1862

Phone: +91 99 28 237112



Continue Reading

Why pay for news and opinions when you can get them for free?

       Subscribe for free now!

By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Posts