Global Solid State Cooling Market Report 2024

Solid State Cooling Global Market Report 2024 – By Type (Single Stage, Multi Stage, Thermocycler), By Technology (Thermoelectric Cooling, Electro-Caloric Cooling, Magneto-Caloric Cooling, Other Technologies), By Product (Refrigeration System, Refrigerators, Freezers, Cooling System, Air Conditioners, Chillers), By End User (Medical, Automotive, Consumer, Semiconductor And Electronics, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

Solid State Cooling Global Market Report 2024

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Solid State Cooling Market Definition

Solid-state cooling is a cooling technology that utilizes solid-state materials (typically semiconductors) to transfer heat from one place to another, achieving cooling effects without the need for traditional refrigerants, compressors, or moving parts found in conventional refrigeration systems. This technology often relies on the Peltier effect, which is the phenomenon where an electric current flowing through two different conductive materials (joined at two junctions) can create a temperature difference between those junctions.

The main types of solid-state cooling are single-stage, multi-stage, and thermocyclers. Single-stage solid-state cooling systems are the most common type, consisting of a single thermoelectric module that transfers heat from one side to the other when an electric current is applied. It has different types of technologies, such as thermoelectric cooling, electro-caloric cooling, magneto-caloric cooling, and others, and it is used for various types of products, including refrigeration systems, refrigerators, freezers, cooling systems, air conditioners, and chillers. It is used by several end users, such as medical, automotive, consumer, semiconductor, electronics, and others.

Solid State Cooling Market Segmentation

The solid state cooling market covered in this report is segmented –

1) By Type: Single Stage, Multi Stage, Thermocycler

2) By Technology: Thermoelectric Cooling, Electro-Caloric Cooling, Magneto-Caloric Cooling, Other Technologies

3) By Product: Refrigeration System, Refrigerators, Freezers, Cooling System, Air Conditioners, Chillers

4) By End User: Medical, Automotive, Consumer, Semiconductor And Electronics, Other End Users

Global Solid State Cooling Market Size 2023 to 2028: Graph

Solid State Cooling Market Size 2024 And Growth Rate

The solid-state cooling market size has grown rapidly in recent years. It will grow from $0.66 billion in 2023 to $0.73 billion in 2024 at a compound annual growth rate (CAGR) of 11.6%. The growth in the historic period can be attributed to increasing awareness of the environmental impacts, the need for reliable and durable cooling solutions, the rise in the adoption of electric vehicles, the rapid growth of consumer electronics, and the rise of industrial automation.

Solid State Cooling Market Growth Forecast

The solid-state cooling market size is expected to see rapid growth in the next few years. It will grow to $1.15 billion in 2028 at a compound annual growth rate (CAGR) of 11.9%. The growth in the forecast period can be attributed to increasing investment in research and development, expansion of data centers, stricter regulations on energy consumption, increasing use of thermoelectric coolers, and rising demand for advanced cooling solutions in the military and aerospace sectors. Major trends in the forecast period include advancements in thermoelectric materials, developments in materials science, advancements in semiconductor technology, development of electric and hybrid vehicles and enhanced reliability and lifespan of solid-state cooling devices.

Solid State Cooling Market Driver: Rising Electric Vehicle Adoption Accelerates Growth In The Solid-State Cooling Market

The increase in demand for electric vehicles is expected to propel the growth of the solid-state cooling market going forward. Electric vehicles (EVs) are automobiles powered by electric motors and batteries rather than internal combustion engines. The demand for electric vehicles is due to improving environmental sustainability, lower operating costs, government incentives, battery technology advancements, and growing charging infrastructure. Solid-state cooling in electric vehicles offers efficient thermal management without traditional refrigerants, enhancing battery life and performance through compact, reliable technology. For instance, in October 2023, according to a report published by the International Energy Agency, a France-based autonomous intergovernmental organization, nearly 66,000 electric buses, and 60,000 medium- and heavy-duty trucks were sold globally in 2022, accounting for approximately 4.5% of total bus sales and 1.2% of truck sales worldwide. Also, the market share of electric trucks in China rose from 1.5% in 2021 to 3.9% in 2022, indicating a substantial increase within one year. Therefore, the expansion of electric vehicles is driving the growth of the solid-state cooling market.

Global Solid State Cooling Market Major Players

Major companies operating in the solid state cooling market are Komatsu Ltd., TE Connectivity Ltd., LG Innotek, Delta Electronics Inc., AMS Technologies AG, Coherent Corporation, Ferrotec Holdings Corporation, Wakefield-Vette Inc., Laird Thermal Systems Inc., Phononic Inc., CUI Inc., RMT Ltd., Crystal Ltd., INHECO Industrial Heating & Cooling GmbH, Kryotherm Co., P&N Technology Co. Ltd., Everredtronics Ltd., Align Sourcing LLC, Hi-Z Technology Inc., Merit Technologies LLC, Micropelt GmbH, TEC Microsystems GmbH, TECA Corporation, Thermal Electronics Corp., Thermion Inc.

Global Solid State Cooling Market Trend: Advancements In Micro-Multistage Thermoelectric Coolers Propel Solid-State Cooling Market

Major companies operating in the solid-state cooling market are focusing on developing advanced products, such as micro-multistage thermoelectric coolers, to enhance cooling efficiency and expand applications for solid-state cooling technology. A micro multistage thermoelectric cooler (micro TEC) is a solid-state cooling device that consists of multiple single-stage thermoelectric coolers connected in series, allowing it to reach much lower temperatures compared to a single-stage device. For instance, in June 2023, Laird Thermal Systems, a US-based developer and manufacturer of standard and custom thermoelectric coolers, cooler assemblies, and liquid cooling systems, launched the OptoTEC MSX Series of micro multistage thermoelectric coolers and the capability to integrate them into various optical packages, including the widely used TO-39, TO-46, or TO-8, creating advanced optical thermoelectric assemblies (TEAs). The MSX Series utilizes advanced ceramic materials, proprietary solder bonding techniques, and next-generation thermoelectric materials to boost cooling capacity by as much as 10%—all in a micro footprint. Optical TEAs are specifically engineered for high-performance image sensing purposes, widely utilized in analytical, industrial, and aerospace sectors.

Solid State Cooling Market Merger And Acquisition: Bregal Unternehmerkapital Acquires Laird Thermal Systems To Drive Market Expansion And Innovation

In August 2021, Bregal Unternehmerkapital GmbH, a Germany-based private equity firm, acquired Laird Thermal Systems for an undisclosed amount. With this acquisition, Bregal will assist LTS in expanding geographically and entering new market segments. Laird Thermal Systems is a US-based developer and manufacturer of standard and custom thermoelectric coolers, cooler assemblies, and liquid cooling systems for medical and telecom.

Regional Insights For The Global Solid State Cooling Market

North America was the largest region in the solid state cooling market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the solid state cooling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the solid state cooling market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The solid-state cooling market consists of revenues earned by entities by providing services such as thermoelectric module design and manufacturing, peltier cooler manufacturing, installation, and integration services, and maintenance and repair services. The market value includes the value of related goods sold by the service provider or included within the service offering. The solid-state cooling market also includes sales of liquid cooling systems, temperature control systems, custom cooling solutions, and related products. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The solid state cooling market research report is one of a series of new reports from The Business Research Company that provides solid state cooling market statistics, including solid state cooling industry global market size, regional shares, competitors with a solid state cooling market share, detailed solid state cooling market segments, market trends and opportunities, and any further data you may need to thrive in the solid state cooling industry. This solid state cooling market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Solid State Cooling Market Report Forecast And Analysis
Report AttributeDetails
Market Size Value In 2024 $0.73 billion
Revenue Forecast In 2033 $1.15 billion
Growth Rate CAGR of 11.9% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Single Stage, Multi Stage, Thermocycler
2) By Technology: Thermoelectric Cooling, Electro-Caloric Cooling, Magneto-Caloric Cooling, Other Technologies
3) By Product: Refrigeration System, Refrigerators, Freezers, Cooling System, Air Conditioners, Chillers
4) By End User: Medical, Automotive, Consumer, Semiconductor And Electronics, Other End Users
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Komatsu Ltd., TE Connectivity Ltd., LG Innotek, Delta Electronics Inc., AMS Technologies AG, Coherent Corporation, Ferrotec Holdings Corporation, Wakefield-Vette Inc., Laird Thermal Systems Inc., Phononic Inc., CUI Inc., RMT Ltd., Crystal Ltd., INHECO Industrial Heating & Cooling GmbH, Kryotherm Co., P&N Technology Co. Ltd., Everredtronics Ltd., Align Sourcing LLC, Hi-Z Technology Inc., Merit Technologies LLC, Micropelt GmbH, TEC Microsystems GmbH, TECA Corporation, Thermal Electronics Corp., Thermion Inc.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Solid State Cooling Market Characteristics

    3. Solid State Cooling Market Trends And Strategies

    4. Solid State Cooling Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Solid State Cooling Market Size and Growth

    5.1. Global Solid State Cooling Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Solid State Cooling Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Solid State Cooling Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Solid State Cooling Market Segmentation

    6.1. Global Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Single Stage

    Multi Stage

    Thermocycler

    6.2. Global Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Thermoelectric Cooling

    Electro-Caloric Cooling

    Magneto-Caloric Cooling

    Other Technologies

    6.3. Global Solid State Cooling Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Refrigeration System

    Refrigerators

    Freezers

    Cooling System

    Air Conditioners

    Chiller Products

    6.4. Global Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Medical

    Automotive

    Consumer

    Semiconductor And Electronics

    Other End Users

    7. Solid State Cooling Market Regional And Country Analysis

    7.1. Global Solid State Cooling Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Solid State Cooling Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Solid State Cooling Market

    8.1. Asia-Pacific Solid State Cooling Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Solid State Cooling Market

    9.1. China Solid State Cooling Market Overview

    9.2. China Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Solid State Cooling Market

    10.1. India Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Solid State Cooling Market

    11.1. Japan Solid State Cooling Market Overview

    11.2. Japan Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Solid State Cooling Market

    12.1. Australia Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Solid State Cooling Market

    13.1. Indonesia Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Solid State Cooling Market

    14.1. South Korea Solid State Cooling Market Overview

    14.2. South Korea Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Solid State Cooling Market

    15.1. Western Europe Solid State Cooling Market Overview

    15.2. Western Europe Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Solid State Cooling Market

    16.1. UK Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Solid State Cooling Market

    17.1. Germany Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Solid State Cooling Market

    18.1. France Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Solid State Cooling Market

    19.1. Italy Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Solid State Cooling Market

    20.1. Spain Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Solid State Cooling Market

    21.1. Eastern Europe Solid State Cooling Market Overview

    21.2. Eastern Europe Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Solid State Cooling Market

    22.1. Russia Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Solid State Cooling Market

    23.1. North America Solid State Cooling Market Overview

    23.2. North America Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Solid State Cooling Market

    24.1. USA Solid State Cooling Market Overview

    24.2. USA Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Solid State Cooling Market

    25.1. Canada Solid State Cooling Market Overview

    25.2. Canada Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Solid State Cooling Market

    26.1. South America Solid State Cooling Market Overview

    26.2. South America Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Solid State Cooling Market

    27.1. Brazil Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Solid State Cooling Market

    28.1. Middle East Solid State Cooling Market Overview

    28.2. Middle East Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Solid State Cooling Market

    29.1. Africa Solid State Cooling Market Overview

    29.2. Africa Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Solid State Cooling Market Competitive Landscape And Company Profiles

    30.1. Solid State Cooling Market Competitive Landscape

    30.2. Solid State Cooling Market Company Profiles

    30.2.1. Komatsu Ltd.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. TE Connectivity Ltd.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. LG Innotek

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Delta Electronics Inc.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. AMS Technologies AG

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Solid State Cooling Market Other Major And Innovative Companies

    31.1. Coherent Corporation

    31.2. Ferrotec Holdings Corporation

    31.3. Wakefield-Vette Inc.

    31.4. Laird Thermal Systems Inc.

    31.5. Phononic Inc.

    31.6. CUI Inc.

    31.7. RMT Ltd.

    31.8. Crystal Ltd.

    31.9. INHECO Industrial Heating & Cooling GmbH

    31.10. Kryotherm Co.

    31.11. P&N Technology Co. Ltd.

    31.12. Everredtronics Ltd.

    31.13. Align Sourcing LLC

    31.14. Hi-Z Technology Inc.

    31.15. Merit Technologies LLC

    32. Global Solid State Cooling Market Competitive Benchmarking

    33. Global Solid State Cooling Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Solid State Cooling Market

    35. Solid State Cooling Market Future Outlook and Potential Analysis

    35.1 Solid State Cooling Market In 2028 - Countries Offering Most New Opportunities

    35.2 Solid State Cooling Market In 2028 - Segments Offering Most New Opportunities

    35.3 Solid State Cooling Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Solid State Cooling Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Solid State Cooling Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Solid State Cooling Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Komatsu Ltd. Financial Performance
  • Table 76: TE Connectivity Ltd. Financial Performance
  • Table 77: LG Innotek Financial Performance
  • Table 78: Delta Electronics Inc. Financial Performance
  • Table 79: AMS Technologies AG Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Solid State Cooling Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Solid State Cooling Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Solid State Cooling Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Solid State Cooling Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Solid State Cooling Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Solid State Cooling Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Komatsu Ltd. Financial Performance
  • Figure 76: TE Connectivity Ltd. Financial Performance
  • Figure 77: LG Innotek Financial Performance
  • Figure 78: Delta Electronics Inc. Financial Performance
  • Figure 79: AMS Technologies AG Financial Performance
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Frequently Asked Questions

What is the definition of the solid state cooling market?

Solid-state cooling is a cooling technology that utilizes solid-state materials (typically semiconductors) to transfer heat from one place to another, achieving cooling effects without the need for traditional refrigerants, compressors, or moving parts found in conventional refrigeration systems. This technology often relies on the Peltier effect, which is the phenomenon where an electric current flowing through two different conductive materials (joined at two junctions) can create a temperature difference between those junctions. For further insights on the solid state cooling market, request a sample here

How will the solid state cooling market drivers and restraints affect the solid state cooling market dynamics? What forces will shape the solid state cooling industry going forward?

The solid state cooling market major growth driver - Rising Electric Vehicle Adoption Accelerates Growth In The Solid-State Cooling Market. For further insights on the solid state cooling market, request a sample here

What is the forecast market size or the forecast market value of the solid state cooling market?

The solid-state cooling market size has grown rapidly in recent years. It will grow from $0.66 billion in 2023 to $0.73 billion in 2024 at a compound annual growth rate (CAGR) of 11.6%. The growth in the historic period can be attributed to increasing awareness of the environmental impacts, the need for reliable and durable cooling solutions, the rise in the adoption of electric vehicles, the rapid growth of consumer electronics, and the rise of industrial automation. The solid-state cooling market size is expected to see rapid growth in the next few years. It will grow to $1.15 billion in 2028 at a compound annual growth rate (CAGR) of 11.9%. The growth in the forecast period can be attributed to increasing investment in research and development, expansion of data centers, stricter regulations on energy consumption, increasing use of thermoelectric coolers, and rising demand for advanced cooling solutions in the military and aerospace sectors. Major trends in the forecast period include advancements in thermoelectric materials, developments in materials science, advancements in semiconductor technology, development of electric and hybrid vehicles and enhanced reliability and lifespan of solid-state cooling devices. For further insights on the solid state cooling market, request a sample here

How is the solid state cooling market segmented?

The solid state cooling market is segmented
1) By Type: Single Stage, Multi Stage, Thermocycler
2) By Technology: Thermoelectric Cooling, Electro-Caloric Cooling, Magneto-Caloric Cooling, Other Technologies
3) By Product: Refrigeration System, Refrigerators, Freezers, Cooling System, Air Conditioners, Chillers
4) By End User: Medical, Automotive, Consumer, Semiconductor And Electronics, Other End UsersFor further insights on the solid state cooling market,
request a sample here

Which region has the largest share of the solid state cooling market? What are the other regions covered in the report?

North America was the largest region in the solid state cooling market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the solid state cooling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the solid state cooling market, request a sample here.

Who are the major players in the solid state cooling market?

Major companies operating in the solid state cooling market are Komatsu Ltd., TE Connectivity Ltd., LG Innotek, Delta Electronics Inc., AMS Technologies AG, Coherent Corporation, Ferrotec Holdings Corporation, Wakefield-Vette Inc., Laird Thermal Systems Inc., Phononic Inc., CUI Inc., RMT Ltd., Crystal Ltd., INHECO Industrial Heating & Cooling GmbH, Kryotherm Co., P&N Technology Co. Ltd., Everredtronics Ltd., Align Sourcing LLC, Hi-Z Technology Inc., Merit Technologies LLC, Micropelt GmbH, TEC Microsystems GmbH, TECA Corporation, Thermal Electronics Corp., Thermion Inc. For further insights on the solid state cooling market, request a sample here.

What are the key trends in the solid state cooling market?

Major trend in the solid state cooling market - Advancements In Micro-Multistage Thermoelectric Coolers Propel Solid-State Cooling Market. For further insights on the solid state cooling market, request a sample here.

What are the major opportunities in the solid state cooling market? What are the strategies for the solid state cooling market?

For detailed insights on the major opportunities and strategies in the solid state cooling market, request a sample here.

How does the solid state cooling market relate to the overall economy and other similar markets?

For detailed insights on solid state cooling market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the solid state cooling industry?

For detailed insights on the mergers and acquisitions in the solid state cooling industry, request a sample here.

What are the key dynamics influencing the solid state cooling market growth? SWOT analysis of the solid state cooling market.

For detailed insights on the key dynamics influencing the solid state cooling market growth and SWOT analysis of the solid state cooling industry, request a sample here.