+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

LAMEA Solid State Cooling Market Size, Share & Trends Analysis Report By Product (Cooling Systems and Refrigeration Systems), By Type, ByTechnology, By Vertical, By Country and Growth Forecast, 2024 - 2031

  • PDF Icon

    Report

  • 127 Pages
  • April 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5955254
The Latin America, Middle East and Africa Solid State Cooling Market would witness market growth of 16.3% CAGR during the forecast period (2024-2031).

The Healthcare market dominated the LAMEA Solid State Cooling Market by Vertical in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $45.8 million by 2031. The Semiconductor & Electronics market is showcasing a CAGR of 16.2% during (2024 - 2031). Additionally, The Automotive market would register a CAGR of 17.1% during (2024 - 2031).



Solid-state cooling technology offers several advantages that make it well-suited for data center cooling applications. Its notable benefit is its exceptional energy efficiency. Solid-state cooling systems can achieve higher coefficients of performance (COPs) than traditional cooling systems, resulting in lower energy consumption and operating costs. Additionally, solid-state cooling technology is more compact and lightweight than traditional cooling systems, making integrating it into existing data center infrastructure easier. This can help data center operators optimize space utilization and reduce the overall footprint of their cooling systems.

The amalgamation of artificial intelligence (AI) algorithms and Internet of Things (IoT) devices with solid-state cooling systems signifies a substantial prospect for augmenting the efficacy and efficiency of cooling solutions. By leveraging IoT and AI technologies, solid-state cooling systems can be transformed into intelligent, adaptive systems that optimize performance, reduce energy consumption, and improve user comfort. Additionally, by leveraging these technologies, solid-state cooling systems can become intelligent, adaptive systems that deliver superior performance while minimizing energy consumption and environmental impact.

The growing automotive sector in Saudi Arabia drives the demand for energy-efficient cooling solutions in vehicles, particularly in hot climates. Solid-state cooling technology offers efficient and reliable cooling solutions for vehicle interiors, electronic components, and battery systems. Thus, the expansion of the automotive sector in the region is driving the growth of the market.

Based on Product, the market is segmented into Cooling Systems and Refrigeration Systems. Based on Type, the market is segmented into Single-Stage, Multi-Stage, and Thermocycler. Based on Technology, the market is segmented into Thermoelectric Cooling, Electrocaloric Cooling, Magnetocaloric Cooling and Others. Based on Vertical, the market is segmented into Healthcare, Semiconductor & Electronics, Automotive, Residential and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • Crystal Ltd.
  • CUI Devices (Back Porch International, Inc.)
  • Delta Electronics, Inc.
  • Ferrotec Holdings Corporation
  • Coherent Corp.
  • Komatsu Ltd.
  • Laird Thermal Systems, Inc.
  • Solid State Cooling Systems, Inc.
  • TE Technology, Inc.
  • TEC Microsystems GmbH

Market Report Segmentation

By Product
  • Cooling Systems
  • Refrigeration Systems
By Type
  • Single-Stage
  • Multi-Stage
  • Thermocycler
By Technology
  • Thermoelectric Cooling
  • Electrocaloric Cooling
  • Magnetocaloric Cooling
  • Others
By Vertical
  • Healthcare
  • Semiconductor & Electronics
  • Automotive
  • Residential
  • Others
By Country
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Solid State Cooling Market, by Product
1.4.2 LAMEA Solid State Cooling Market, by Type
1.4.3 LAMEA Solid State Cooling Market, by Technology
1.4.4 LAMEA Solid State Cooling Market, by Vertical
1.4.5 LAMEA Solid State Cooling Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. LAMEA Solid State Cooling Market by Product
4.1 LAMEA Cooling Systems Market by Country
4.2 LAMEA Refrigeration Systems Market by Country
Chapter 5. LAMEA Solid State Cooling Market by Type
5.1 LAMEA Single-Stage Market by Country
5.2 LAMEA Multi-Stage Market by Country
5.3 LAMEA Thermocycler Market by Country
Chapter 6. LAMEA Solid State Cooling Market by Technology
6.1 LAMEA Thermoelectric Cooling Market by Country
6.2 LAMEA Electrocaloric Cooling Market by Country
6.3 LAMEA Magnetocaloric Cooling Market by Country
6.4 LAMEA Others Market by Country
Chapter 7. LAMEA Solid State Cooling Market by Vertical
7.1 LAMEA Healthcare Market by Country
7.2 LAMEA Semiconductor & Electronics Market by Country
7.3 LAMEA Automotive Market by Country
7.4 LAMEA Residential Market by Country
7.5 LAMEA Others Market by Country
Chapter 8. LAMEA Solid State Cooling Market by Country
8.1 Brazil Solid State Cooling Market
8.1.1 Brazil Solid State Cooling Market by Product
8.1.2 Brazil Solid State Cooling Market by Type
8.1.3 Brazil Solid State Cooling Market by Technology
8.1.4 Brazil Solid State Cooling Market by Vertical
8.2 Argentina Solid State Cooling Market
8.2.1 Argentina Solid State Cooling Market by Product
8.2.2 Argentina Solid State Cooling Market by Type
8.2.3 Argentina Solid State Cooling Market by Technology
8.2.4 Argentina Solid State Cooling Market by Vertical
8.3 UAE Solid State Cooling Market
8.3.1 UAE Solid State Cooling Market by Product
8.3.2 UAE Solid State Cooling Market by Type
8.3.3 UAE Solid State Cooling Market by Technology
8.3.4 UAE Solid State Cooling Market by Vertical
8.4 Saudi Arabia Solid State Cooling Market
8.4.1 Saudi Arabia Solid State Cooling Market by Product
8.4.2 Saudi Arabia Solid State Cooling Market by Type
8.4.3 Saudi Arabia Solid State Cooling Market by Technology
8.4.4 Saudi Arabia Solid State Cooling Market by Vertical
8.5 South Africa Solid State Cooling Market
8.5.1 South Africa Solid State Cooling Market by Product
8.5.2 South Africa Solid State Cooling Market by Type
8.5.3 South Africa Solid State Cooling Market by Technology
8.5.4 South Africa Solid State Cooling Market by Vertical
8.6 Nigeria Solid State Cooling Market
8.6.1 Nigeria Solid State Cooling Market by Product
8.6.2 Nigeria Solid State Cooling Market by Type
8.6.3 Nigeria Solid State Cooling Market by Technology
8.6.4 Nigeria Solid State Cooling Market by Vertical
8.7 Rest of LAMEA Solid State Cooling Market
8.7.1 Rest of LAMEA Solid State Cooling Market by Product
8.7.2 Rest of LAMEA Solid State Cooling Market by Type
8.7.3 Rest of LAMEA Solid State Cooling Market by Technology
8.7.4 Rest of LAMEA Solid State Cooling Market by Vertical
Chapter 9. Company Profiles
9.1 Delta Electronics, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 SWOT Analysis
9.2 Ferrotec Holdings Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 SWOT Analysis
9.3 Coherent Corp.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 SWOT Analysis
9.4 Komatsu Ltd.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 SWOT Analysis
9.5 Crystal Ltd.
9.5.1 Company Overview
9.5.2 SWOT Analysis
9.6 CUI Devices (Back Porch International, Inc.)
9.6.1 Company Overview
9.6.2 SWOT Analysis
9.7 Laird Thermal Systems, Inc.
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Product Launches and Product Expansions:
9.7.3 SWOT Analysis
9.8 Solid State Cooling Systems, Inc.
9.8.1 Company Overview
9.8.2 SWOT Analysis
9.9 TE Technology, Inc.
9.9.1 Company Overview
9.10. TEC Microsystems GmbH
9.10.1 Company Overview
9.10.2 SWOT Analysis

Companies Mentioned

  • Crystal Ltd.
  • CUI Devices (Back Porch International, Inc.)
  • Delta Electronics, Inc.
  • Ferrotec Holdings Corporation
  • Coherent Corp.
  • Komatsu Ltd.
  • Laird Thermal Systems, Inc.
  • Solid State Cooling Systems, Inc.
  • TE Technology, Inc.
  • TEC Microsystems GmbH

Methodology

Loading
LOADING...