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Thermoelectric Modules Market worth 890.6 Million USD by 2023
2017/12/02
November 29, 2017
According to the new market research report "Thermoelectric Modules Market by Technology (Single Stage, and Multi Stage), Type (Bulk Thermoelectric, Micro Thermoelectric, and Thin Film Thermoelectric), Functionality, Offering, End-Use Application, and Region - Global Forecast to 2023", The thermoelectric modules market is expected to grow from USD 527.5 Million in 2017 and is expected to reach USD 890.6 Million by 2023, at a CAGR of 9.12% between 2017 and 2023. The demand for thermoelectric modules is mainly driven by its superior advantages such as precise temperature control, compact geometric size, reliable solid state operations, lower power consumption, rapid temperature cycling, fully reversible switch in polarity, integrated design, and rapid response time.
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