Asia Pacific 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

List of Tables

The Asia Pacific Solid State Cooling Market would witness market growth of 13.7% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Solid State Cooling Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $205.1 million by 2031. The Japan market is registering a CAGR of 12.8% during (2024 - 2031). Additionally, The India market would experience a CAGR of 14.4% during (2024 - 2031).

The solid-state cooling market also benefits from advancements in materials science and manufacturing processes. Manufacturers and researchers persistently endeavor to improve the efficiency as well as performance of solid-state cooling devices through the development of innovative materials and processes. These advancements have led to developing more efficient and reliable solid-state cooling solutions, further driving the market's growth.

Environmental regulations to reduce greenhouse gas emissions drive the adoption of environmentally friendly cooling solutions. Traditional cooling systems, such as air conditioners and refrigerators, often rely on refrigerants that can significantly impact the environment. Refrigerants, including hydrochlorofluorocarbons (HCFCs) or hydrofluorocarbons (HFCs), contribute significantly to ozone depletion and global warming as potent greenhouse gases.

With the expansion of the semiconductor industry in China, there is a rising demand for thermoelectric cooling solutions to manage heat dissipation in electronic devices and semiconductor components. As per the State Council of the People's Republic of China, China's integrated circuit industry registered stable growth in 2021, with its sales exceeding 1 trillion yuan (about $158 billion). Hence, the increasing electronics and rising semiconductor industry in the region is propelling 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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

Asia Pacific Solid State Cooling 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

China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1Asia Pacific Solid State Cooling Market, by Product
- 1.4.2Asia Pacific Solid State Cooling Market, by Type
- 1.4.3Asia Pacific Solid State Cooling Market, by Technology
- 1.4.4Asia Pacific Solid State Cooling Market, by Vertical
- 1.4.5Asia Pacific Solid State Cooling Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
3.3Porter's Five Forces Analysis

Chapter 4.Asia Pacific Solid State Cooling Market by Product

4.1Asia Pacific Cooling Systems Market by Country
4.2Asia Pacific Refrigeration Systems Market by Country

Chapter 5.Asia Pacific Solid State Cooling Market by Type

5.1Asia Pacific Single-Stage Market by Country
5.2Asia Pacific Multi-Stage Market by Country
5.3Asia Pacific Thermocycler Market by Country

Chapter 6.Asia Pacific Solid State Cooling Market by Technology

6.1Asia Pacific Thermoelectric Cooling Market by Country
6.2Asia Pacific Electrocaloric Cooling Market by Country
6.3Asia Pacific Magnetocaloric Cooling Market by Country
6.4Asia Pacific Others Market by Country

Chapter 7.Asia Pacific Solid State Cooling Market by Vertical

7.1Asia Pacific Healthcare Market by Country
7.2Asia Pacific Semiconductor & Electronics Market by Country
7.3Asia Pacific Automotive Market by Country
7.4Asia Pacific Residential Market by Country
7.5Asia Pacific Others Market by Country

Chapter 8.Asia Pacific Solid State Cooling Market by Country

8.1China Solid State Cooling Market
- 8.1.1China Solid State Cooling Market by Product
- 8.1.2China Solid State Cooling Market by Type
- 8.1.3China Solid State Cooling Market by Technology
- 8.1.4China Solid State Cooling Market by Vertical
8.2Japan Solid State Cooling Market
- 8.2.1Japan Solid State Cooling Market by Product
- 8.2.2Japan Solid State Cooling Market by Type
- 8.2.3Japan Solid State Cooling Market by Technology
- 8.2.4Japan Solid State Cooling Market by Vertical
8.3India Solid State Cooling Market
- 8.3.1India Solid State Cooling Market by Product
- 8.3.2India Solid State Cooling Market by Type
- 8.3.3India Solid State Cooling Market by Technology
- 8.3.4India Solid State Cooling Market by Vertical
8.4South Korea Solid State Cooling Market
- 8.4.1South Korea Solid State Cooling Market by Product
- 8.4.2South Korea Solid State Cooling Market by Type
- 8.4.3South Korea Solid State Cooling Market by Technology
- 8.4.4South Korea Solid State Cooling Market by Vertical
8.5Singapore Solid State Cooling Market
- 8.5.1Singapore Solid State Cooling Market by Product
- 8.5.2Singapore Solid State Cooling Market by Type
- 8.5.3Singapore Solid State Cooling Market by Technology
- 8.5.4Singapore Solid State Cooling Market by Vertical
8.6Malaysia Solid State Cooling Market
- 8.6.1Malaysia Solid State Cooling Market by Product
- 8.6.2Malaysia Solid State Cooling Market by Type
- 8.6.3Malaysia Solid State Cooling Market by Technology
- 8.6.4Malaysia Solid State Cooling Market by Vertical
8.7Rest of Asia Pacific Solid State Cooling Market
- 8.7.1Rest of Asia Pacific Solid State Cooling Market by Product
- 8.7.2Rest of Asia Pacific Solid State Cooling Market by Type
- 8.7.3Rest of Asia Pacific Solid State Cooling Market by Technology
- 8.7.4Rest of Asia Pacific Solid State Cooling Market by Vertical

Chapter 9.Company Profiles

9.1Delta Electronics, Inc.
- 9.1.1Company Overview
- 9.1.2Financial Analysis
- 9.1.3Segmental and Regional Analysis
- 9.1.4Research & Development Expenses
- 9.1.5SWOT Analysis
9.2Ferrotec Holdings Corporation
- 9.2.1Company Overview
- 9.2.2Financial Analysis
- 9.2.3SWOT Analysis
9.3Coherent Corp.
- 9.3.1Company Overview
- 9.3.2Financial Analysis
- 9.3.3Segmental and Regional Analysis
- 9.3.4Research & Development Expenses
- 9.3.5SWOT Analysis
9.4Komatsu Ltd.
- 9.4.1Company Overview
- 9.4.2Financial Analysis
- 9.4.3Segmental and Regional Analysis
- 9.4.4Research & Development Expenses
- 9.4.5SWOT Analysis
9.5Crystal Ltd.
- 9.5.1Company Overview
- 9.5.2SWOT Analysis
9.6CUI Devices (Back Porch International, Inc.)
- 9.6.1Company Overview
- 9.6.2SWOT Analysis
9.7Laird Thermal Systems, Inc.
- 9.7.1Company Overview
- 9.7.2Recent strategies and developments:
  - 9.7.2.1Product Launches and Product Expansions:
- 9.7.3SWOT Analysis
9.8Solid State Cooling Systems, Inc.
- 9.8.1Company Overview
- 9.8.2SWOT Analysis
9.9TE Technology, Inc.
- 9.9.1Company Overview
9.10.TEC Microsystems GmbH
- 9.10.1Company Overview
- 9.10.2SWOT Analysis

LIST OF TABLES

TABLE 1Asia Pacific Solid State Cooling Market, 2020 - 2023, USD Million
TABLE 2Asia Pacific Solid State Cooling Market, 2024 - 2031, USD Million
TABLE 3Asia Pacific Solid State Cooling Market by Product, 2020 - 2023, USD Million
TABLE 4Asia Pacific Solid State Cooling Market by Product, 2024 - 2031, USD Million
TABLE 5Asia Pacific Cooling Systems Market by Country, 2020 - 2023, USD Million
TABLE 6Asia Pacific Cooling Systems Market by Country, 2024 - 2031, USD Million
TABLE 7Asia Pacific Refrigeration Systems Market by Country, 2020 - 2023, USD Million
TABLE 8Asia Pacific Refrigeration Systems Market by Country, 2024 - 2031, USD Million
TABLE 9Asia Pacific Solid State Cooling Market by Type, 2020 - 2023, USD Million
TABLE 10Asia Pacific Solid State Cooling Market by Type, 2024 - 2031, USD Million
TABLE 11Asia Pacific Single-Stage Market by Country, 2020 - 2023, USD Million
TABLE 12Asia Pacific Single-Stage Market by Country, 2024 - 2031, USD Million
TABLE 13Asia Pacific Multi-Stage Market by Country, 2020 - 2023, USD Million
TABLE 14Asia Pacific Multi-Stage Market by Country, 2024 - 2031, USD Million
TABLE 15Asia Pacific Thermocycler Market by Country, 2020 - 2023, USD Million
TABLE 16Asia Pacific Thermocycler Market by Country, 2024 - 2031, USD Million
TABLE 17Asia Pacific Solid State Cooling Market by Technology, 2020 - 2023, USD Million
TABLE 18Asia Pacific Solid State Cooling Market by Technology, 2024 - 2031, USD Million
TABLE 19Asia Pacific Thermoelectric Cooling Market by Country, 2020 - 2023, USD Million
TABLE 20Asia Pacific Thermoelectric Cooling Market by Country, 2024 - 2031, USD Million
TABLE 21Asia Pacific Electrocaloric Cooling Market by Country, 2020 - 2023, USD Million
TABLE 22Asia Pacific Electrocaloric Cooling Market by Country, 2024 - 2031, USD Million
TABLE 23Asia Pacific Magnetocaloric Cooling Market by Country, 2020 - 2023, USD Million
TABLE 24Asia Pacific Magnetocaloric Cooling Market by Country, 2024 - 2031, USD Million
TABLE 25Asia Pacific Others Market by Country, 2020 - 2023, USD Million
TABLE 26Asia Pacific Others Market by Country, 2024 - 2031, USD Million
TABLE 27Asia Pacific Solid State Cooling Market by Vertical, 2020 - 2023, USD Million
TABLE 28Asia Pacific Solid State Cooling Market by Vertical, 2024 - 2031, USD Million
TABLE 29Asia Pacific Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 30Asia Pacific Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 31Asia Pacific Semiconductor & Electronics Market by Country, 2020 - 2023, USD Million
TABLE 32Asia Pacific Semiconductor & Electronics Market by Country, 2024 - 2031, USD Million
TABLE 33Asia Pacific Automotive Market by Country, 2020 - 2023, USD Million
TABLE 34Asia Pacific Automotive Market by Country, 2024 - 2031, USD Million
TABLE 35Asia Pacific Residential Market by Country, 2020 - 2023, USD Million
TABLE 36Asia Pacific Residential Market by Country, 2024 - 2031, USD Million
TABLE 37Asia Pacific Others Market by Country, 2020 - 2023, USD Million
TABLE 38Asia Pacific Others Market by Country, 2024 - 2031, USD Million
TABLE 39Asia Pacific Solid State Cooling Market by Country, 2020 - 2023, USD Million
TABLE 40Asia Pacific Solid State Cooling Market by Country, 2024 - 2031, USD Million
TABLE 41China Solid State Cooling Market, 2020 - 2023, USD Million
TABLE 42China Solid State Cooling Market, 2024 - 2031, USD Million
TABLE 43China Solid State Cooling Market by Product, 2020 - 2023, USD Million
TABLE 44China Solid State Cooling Market by Product, 2024 - 2031, USD Million
TABLE 45China Solid State Cooling Market by Type, 2020 - 2023, USD Million
TABLE 46China Solid State Cooling Market by Type, 2024 - 2031, USD Million
TABLE 47China Solid State Cooling Market by Technology, 2020 - 2023, USD Million
TABLE 48China Solid State Cooling Market by Technology, 2024 - 2031, USD Million
TABLE 49China Solid State Cooling Market by Vertical, 2020 - 2023, USD Million
TABLE 50China Solid State Cooling Market by Vertical, 2024 - 2031, USD Million
TABLE 51Japan Solid State Cooling Market, 2020 - 2023, USD Million
TABLE 52Japan Solid State Cooling Market, 2024 - 2031, USD Million
TABLE 53Japan Solid State Cooling Market by Product, 2020 - 2023, USD Million
TABLE 54Japan Solid State Cooling Market by Product, 2024 - 2031, USD Million
TABLE 55Japan Solid State Cooling Market by Type, 2020 - 2023, USD Million
TABLE 56Japan Solid State Cooling Market by Type, 2024 - 2031, USD Million
TABLE 57Japan Solid State Cooling Market by Technology, 2020 - 2023, USD Million
TABLE 58Japan Solid State Cooling Market by Technology, 2024 - 2031, USD Million
TABLE 59Japan Solid State Cooling Market by Vertical, 2020 - 2023, USD Million
TABLE 60Japan Solid State Cooling Market by Vertical, 2024 - 2031, USD Million
TABLE 61India Solid State Cooling Market, 2020 - 2023, USD Million
TABLE 62India Solid State Cooling Market, 2024 - 2031, USD Million
TABLE 63India Solid State Cooling Market by Product, 2020 - 2023, USD Million
TABLE 64India Solid State Cooling Market by Product, 2024 - 2031, USD Million
TABLE 65India Solid State Cooling Market by Type, 2020 - 2023, USD Million
TABLE 66India Solid State Cooling Market by Type, 2024 - 2031, USD Million
TABLE 67India Solid State Cooling Market by Technology, 2020 - 2023, USD Million
TABLE 68India Solid State Cooling Market by Technology, 2024 - 2031, USD Million
TABLE 69India Solid State Cooling Market by Vertical, 2020 - 2023, USD Million
TABLE 70India Solid State Cooling Market by Vertical, 2024 - 2031, USD Million
TABLE 71South Korea Solid State Cooling Market, 2020 - 2023, USD Million
TABLE 72South Korea Solid State Cooling Market, 2024 - 2031, USD Million
TABLE 73South Korea Solid State Cooling Market by Product, 2020 - 2023, USD Million
TABLE 74South Korea Solid State Cooling Market by Product, 2024 - 2031, USD Million
TABLE 75South Korea Solid State Cooling Market by Type, 2020 - 2023, USD Million
TABLE 76South Korea Solid State Cooling Market by Type, 2024 - 2031, USD Million
TABLE 77South Korea Solid State Cooling Market by Technology, 2020 - 2023, USD Million
TABLE 78South Korea Solid State Cooling Market by Technology, 2024 - 2031, USD Million
TABLE 79South Korea Solid State Cooling Market by Vertical, 2020 - 2023, USD Million
TABLE 80South Korea Solid State Cooling Market by Vertical, 2024 - 2031, USD Million
TABLE 81Singapore Solid State Cooling Market, 2020 - 2023, USD Million
TABLE 82Singapore Solid State Cooling Market, 2024 - 2031, USD Million
TABLE 83Singapore Solid State Cooling Market by Product, 2020 - 2023, USD Million
TABLE 84Singapore Solid State Cooling Market by Product, 2024 - 2031, USD Million
TABLE 85Singapore Solid State Cooling Market by Type, 2020 - 2023, USD Million
TABLE 86Singapore Solid State Cooling Market by Type, 2024 - 2031, USD Million
TABLE 87Singapore Solid State Cooling Market by Technology, 2020 - 2023, USD Million
TABLE 88Singapore Solid State Cooling Market by Technology, 2024 - 2031, USD Million
TABLE 89Singapore Solid State Cooling Market by Vertical, 2020 - 2023, USD Million
TABLE 90Singapore Solid State Cooling Market by Vertical, 2024 - 2031, USD Million
TABLE 91Malaysia Solid State Cooling Market, 2020 - 2023, USD Million
TABLE 92Malaysia Solid State Cooling Market, 2024 - 2031, USD Million
TABLE 93Malaysia Solid State Cooling Market by Product, 2020 - 2023, USD Million
TABLE 94Malaysia Solid State Cooling Market by Product, 2024 - 2031, USD Million
TABLE 95Malaysia Solid State Cooling Market by Type, 2020 - 2023, USD Million
TABLE 96Malaysia Solid State Cooling Market by Type, 2024 - 2031, USD Million
TABLE 97Malaysia Solid State Cooling Market by Technology, 2020 - 2023, USD Million
TABLE 98Malaysia Solid State Cooling Market by Technology, 2024 - 2031, USD Million
TABLE 99Malaysia Solid State Cooling Market by Vertical, 2020 - 2023, USD Million
TABLE 100Malaysia Solid State Cooling Market by Vertical, 2024 - 2031, USD Million
TABLE 101Rest of Asia Pacific Solid State Cooling Market, 2020 - 2023, USD Million
TABLE 102Rest of Asia Pacific Solid State Cooling Market, 2024 - 2031, USD Million
TABLE 103Rest of Asia Pacific Solid State Cooling Market by Product, 2020 - 2023, USD Million
TABLE 104Rest of Asia Pacific Solid State Cooling Market by Product, 2024 - 2031, USD Million
TABLE 105Rest of Asia Pacific Solid State Cooling Market by Type, 2020 - 2023, USD Million
TABLE 106Rest of Asia Pacific Solid State Cooling Market by Type, 2024 - 2031, USD Million
TABLE 107Rest of Asia Pacific Solid State Cooling Market by Technology, 2020 - 2023, USD Million
TABLE 108Rest of Asia Pacific Solid State Cooling Market by Technology, 2024 - 2031, USD Million
TABLE 109Rest of Asia Pacific Solid State Cooling Market by Vertical, 2020 - 2023, USD Million
TABLE 110Rest of Asia Pacific Solid State Cooling Market by Vertical, 2024 - 2031, USD Million
TABLE 111Key Information - Delta Electronics, Inc.
TABLE 112key information - Ferrotec Holdings Corporation
TABLE 113Key Information - Coherent Corp.
TABLE 114Key Information - Komatsu Ltd.
TABLE 115Key Information - Crystal Ltd.
TABLE 116Key Information - CUI Devices
TABLE 117Key Information - Laird Thermal Systems, Inc.
TABLE 118Key Information - Solid State Cooling Systems, Inc.
TABLE 119Key Information - TE Technology, Inc.
TABLE 120Key Information - TEC Microsystems GmbH

Asia Pacific 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

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