Global Thermoelectric Generators Market was valued US$ 320. 60 Mn in 2017 and is expected to reach 950.20 Mn by 2026, at a CAGR of 14.55 % during a forecast period.
The thermoelectric generator transforms the heat into electrical energy. Thermoelectric power generation is one of the current interests in clean energy research in view of direct solar power generation, which makes thermoelectric power generation a prominent application.
Growing demand for fuel efficiency and strict emission regarding carbon from the government across the globe is expected to boost the global thermoelectric generators market growth. Increasing demand for miniaturized thermoelectric generators, growing requirement for maintenance free and durable power sources are also expected to boom the global thermoelectric generators market.
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