Thermoelectric Cooler Market to Surpass US$ 1548.34 Million by 2032 as Trend for Miniaturized Electronic Devices Gains Traction
ROCKVILLE, Md., Nov. 8, 2022 /PRNewswire/ -- The global thermoelectric cooler market size is projected to reach US$ 672.31 Million in 2022 and exhibit growth at a CAGR of 8.7% in the forecast period (2022-2032). As per the report, the global thermoelectric market is expected to be valued at US$ 1548.34 Million in 2032.
- As per the report, the global thermoelectric market is expected to be valued at US$ 1548.34 Million in 2032 .
- Increasing adoption of thermoelectric coolers in medical devices and laboratory instruments is expected to drive growth over the next ten years.
- By model, the multi-stage cooler segment is estimated to dominate the global thermoelectric cooler market in the evaluation period.
- Based on model, the multi-stage cooler segment is expected to hold the highest share in the thermoelectric cooler market between 2022-2032.