Global Solid-State Cooling Industry (2020 to 2027) - Key Market Trends and Drivers

DUBLIN, July 19, 2021 /PRNewswire/ -- The "Solid-State Cooling - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Solid-State Cooling estimated at US$421.4 Million in the year 2020, is projected to reach a revised size of US$765.4 Million by 2027, growing at a CAGR of 8.9% over the period 2020-2027.

Cooling Systems, one of the segments analyzed in the report, is projected to record 9.7% CAGR and reach US$535.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Refrigeration Systems segment is readjusted to a revised 7.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $113.7 Million, While China is Forecast to Grow at 13.5% CAGR

The Solid-State Cooling market in the U.S. is estimated at US$113.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$179.8 Million by the year 2027 trailing a CAGR of 13.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.8% and 7.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.8% CAGR.

Select Competitors (Total 34 Featured):

• Advanced Thermoelectric
• Align Sourcing
• Alphabet Energy
• AMS Technologies
• Crystal Ltd.
• CUI Inc.
• Everredtronics
• Ferrotec
• HI-Z Technology
• Hicooltec Electronic
• HUI Mao
• II-VI Marlow

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

• UNITED STATES
• CANADA
• JAPAN
• CHINA
• EUROPE
• FRANCE
• GERMANY
• ITALY
• UNITED KINGDOM
• SPAIN
• RUSSIA
• REST OF EUROPE
• ASIA-PACIFIC
• AUSTRALIA
• INDIA
• SOUTH KOREA
• REST OF ASIA-PACIFIC
• LATIN AMERICA
• ARGENTINA
• BRAZIL
• MEXICO
• REST OF LATIN AMERICA
• MIDDLE EAST
• IRAN
• ISRAEL
• SAUDI ARABIA
• UNITED ARAB EMIRATES
• REST OF MIDDLE EAST
• AFRICA

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/224dy6

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SOURCE Research and Markets