Global $61.44 Mn Automotive Thermoelectric Generator Market - Analysis and Forecast 2019-2022 & Forecast to 2028


Dublin, Feb. 06, 2019 (GLOBE NEWSWIRE) -- The "Global Automotive Thermoelectric Generator Market: Focus on Materials, Components, Vehicle Type, and Region - Analysis and Forecast (2022-2028)" report has been added to ResearchAndMarkets.com's offering.

Global Automotive Thermoelectric Generator Market to Reach $61.44 million by 2028

Rapid growth in technological advancements and development of a wide variety of thermoelectric materials which can harness energy from waste heat at higher temperatures are the factors propelling the development of the automotive thermoelectric generator. Various companies across the globe are actively investing in the development of prototypes which are efficient and reliable. The usage of the thermoelectric generator in the automotive industry is expected to improve the overall efficiency of the engine, as it helps in utilizing waste heat from the engine to generate energy, which can be utilized for running auxiliaries and systems, such as air conditioning system, infotainment system, and lightings.

Furthermore, the use of a thermoelectric generator can help in reducing the weight of the alternator and onboard battery, thereby reducing the overall weight of the vehicle and further increasing the efficiency of the vehicle. Although the automotive thermoelectric generator market is in the development stage, it is expected that there will be a gradual increase in the market due to rising regulations on greenhouse gas emission.

Geographically, North America is expected to lead the global automotive thermoelectric generator in 2022 both in terms of value and volume. Additionally, Europe is expected to witness the highest growth during the forecast period (2022-2028). Increasing regulations on greenhouse gas emissions and adoption of the thermoelectric generator in the commercial vehicles are some of the factors expected to contribute to the market growth in the Europe region.

The key market players in the global automotive thermoelectric generator market are Gentherm Incorporated, Tenneco Inc., Faurecia, Valeo, Laird PLC, Yamaha Corporation, Alphabet Energy, Inc., II-VI Marlow, KELK Ltd., SANGO Co., Ltd., European Thermodynamics, and Thermonamic Electronics (Jiangxi) Corp., Ltd.

Key Topics Covered:

Executive Summary

1 Market Overview
1.1 Introduction
1.2 Market Definition
1.2.1 Thermoelectric Energy Harvesting
1.2.2 Automotive Thermoelectric Generator

2 Advancements in Automotive Waste Heat Recovery Technology
2.1 Roadmap of Automotive Waste Heat Recovery System
2.2 Comparative Analysis of different Automotive Waste Heat Recovery System
2.2.1 Regenerative Braking System
2.2.2 Turbo-Compounding
2.2.3 Exhaust Heat Recovery System
2.2.4 Thermoelectric Generator
2.3 Patent Analysis
2.3.1 Patent Analysis: Regenerative Braking System
2.3.2 Patent Analysis: Turbo Compounding
2.3.3 Patent Analysis: Exhaust Gas Recovery System
2.3.4 Patent Analysis: Thermoelectric Generator

3 Market Dynamics
3.1 Drivers
3.1.1 Rising Greenhouse Gas Emission
3.1.2 Increasing Fuel Efficiency Requirements
3.2 Restraints
3.2.1 High Production Cost of Thermoelectric Material
3.2.2 Inability to Produce High Power Electricity Output
3.2.3 Increasing Demand for Electric Vehicles
3.3 Opportunity:
3.3.1 Rapid Commercialization in the Automotive Industry

4 Global Automotive Thermoelectric Generator Market (by Material Type), 2022-2028
4.1 Assumptions
4.2 Limitations
4.3 Market Overview
4.3.1 Bismuth Telluride (Bi2Te3)
4.3.2 Lead Telluride (PbTe)
4.3.3 Skutterudite
4.3.4 Magnesium Silicide

5 Global Automotive Thermoelectric Generator Market (by Components)
5.1 Thermoelectric Module
5.2 Cooling Plates
5.3 Heat Exchangers
5.4 Others

6 Global Automotive Thermoelectric Generator Market (by Vehicle Type), 2022-2028
6.1 Passenger Vehicles
6.2 Commercial Vehicles

7 Automotive Thermoelectric Generator Market (by Region), $Thousand and Units, 2022-2028

8 Company Profiles

  • Alphabet Energy, Inc.
  • European Thermodynamics
  • Faurecia
  • Gentherm Incorporated
  • II-VI Marlow
  • KELK Ltd.
  • Laird PLC
  • SANGO Co., Ltd.
  • Tenneco Inc.
  • Thermonamic Electronics (Jiangxi) Corp., Ltd.
  • Valeo
  • Yamaha Corporation

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