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PUBLISHER: KBV Research | PRODUCT CODE: 1472571

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PUBLISHER: KBV Research | PRODUCT CODE: 1472571

Europe 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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The Europe Solid State Cooling Market would witness market growth of 12.7% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Solid State Cooling Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $114.6 million by 2031. The UK market exhibits a CAGR of 11.7% during (2024 - 2031). Additionally, The France market would experience a CAGR of 13.6% during (2024 - 2031).

Unlike traditional cooling systems, which can be bulky and require complex installation, solid-state cooling devices can be relatively small and easily integrated into various applications. This makes them ideal for use in portable electronics, medical devices, and other compact systems where space is limited. Another advantage of solid-state cooling is its efficiency and environmental friendliness. Traditional cooling systems often rely on refrigerants that can harm the environment, such as chlorofluorocarbons (CFCs) or hydrofluorocarbons (HFCs). On the other hand, solid-state cooling does not require refrigerants, making it a more environmentally sustainable cooling solution.

The solid-state cooling market is a rapidly evolving sector driven by the demand for efficient and sustainable solutions across various industries. With the miniaturization of electronics and the growing popularity of portable devices, there is a growing need for cooling solutions that can fit into small spaces and operate efficiently. Solid-state cooling technology meets this demand by offering compact and lightweight cooling devices that can be easily integrated into various applications, including smartphones, laptops, and wearable devices.

France's growing medical device industry requires precise temperature control for various applications, including diagnostic equipment, imaging systems, and laboratory instruments. Based on data from the International Trade Administration (ITA), the projected turnover for the medical device industry in France in 2022 amounts to €36.7 billion. In conclusion, the growing medical device industry in France and increasing investments in the semiconductor industry in the UK are driving the market's growth.

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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

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

Europe 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

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1.Market Scope & Methodology

  • 1.1Market Definition
  • 1.2Objectives
  • 1.3Market Scope
  • 1.4Segmentation
    • 1.4.1Europe Solid State Cooling Market, by Product
    • 1.4.2Europe Solid State Cooling Market, by Type
    • 1.4.3Europe Solid State Cooling Market, by Technology
    • 1.4.4Europe Solid State Cooling Market, by Vertical
    • 1.4.5Europe 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.Europe Solid State Cooling Market by Product

  • 4.1Europe Cooling Systems Market by Country
  • 4.2Europe Refrigeration Systems Market by Country

Chapter 5.Europe Solid State Cooling Market by Type

  • 5.1Europe Single-Stage Market by Country
  • 5.2Europe Multi-Stage Market by Country
  • 5.3Europe Thermocycler Market by Country

Chapter 6.Europe Solid State Cooling Market by Technology

  • 6.1Europe Thermoelectric Cooling Market by Country
  • 6.2Europe Electrocaloric Cooling Market by Country
  • 6.3Europe Magnetocaloric Cooling Market by Country
  • 6.4Europe Others Market by Country

Chapter 7.Europe Solid State Cooling Market by Vertical

  • 7.1Europe Healthcare Market by Country
  • 7.2Europe Semiconductor & Electronics Market by Country
  • 7.3Europe Automotive Market by Country
  • 7.4Europe Residential Market by Country
  • 7.5Europe Others Market by Country

Chapter 8.Europe Solid State Cooling Market by Country

  • 8.1Germany Solid State Cooling Market
    • 8.1.1Germany Solid State Cooling Market by Product
    • 8.1.2Germany Solid State Cooling Market by Type
    • 8.1.3Germany Solid State Cooling Market by Technology
    • 8.1.4Germany Solid State Cooling Market by Vertical
  • 8.2UK Solid State Cooling Market
    • 8.2.1UK Solid State Cooling Market by Product
    • 8.2.2UK Solid State Cooling Market by Type
    • 8.2.3UK Solid State Cooling Market by Technology
    • 8.2.4UK Solid State Cooling Market by Vertical
  • 8.3France Solid State Cooling Market
    • 8.3.1France Solid State Cooling Market by Product
    • 8.3.2France Solid State Cooling Market by Type
    • 8.3.3France Solid State Cooling Market by Technology
    • 8.3.4France Solid State Cooling Market by Vertical
  • 8.4Russia Solid State Cooling Market
    • 8.4.1Russia Solid State Cooling Market by Product
    • 8.4.2Russia Solid State Cooling Market by Type
    • 8.4.3Russia Solid State Cooling Market by Technology
    • 8.4.4Russia Solid State Cooling Market by Vertical
  • 8.5Spain Solid State Cooling Market
    • 8.5.1Spain Solid State Cooling Market by Product
    • 8.5.2Spain Solid State Cooling Market by Type
    • 8.5.3Spain Solid State Cooling Market by Technology
    • 8.5.4Spain Solid State Cooling Market by Vertical
  • 8.6Italy Solid State Cooling Market
    • 8.6.1Italy Solid State Cooling Market by Product
    • 8.6.2Italy Solid State Cooling Market by Type
    • 8.6.3Italy Solid State Cooling Market by Technology
    • 8.6.4Italy Solid State Cooling Market by Vertical
  • 8.7Rest of Europe Solid State Cooling Market
    • 8.7.1Rest of Europe Solid State Cooling Market by Product
    • 8.7.2Rest of Europe Solid State Cooling Market by Type
    • 8.7.3Rest of Europe Solid State Cooling Market by Technology
    • 8.7.4Rest of Europe 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 1Europe Solid State Cooling Market, 2020 - 2023, USD Million
  • TABLE 2Europe Solid State Cooling Market, 2024 - 2031, USD Million
  • TABLE 3Europe Solid State Cooling Market by Product, 2020 - 2023, USD Million
  • TABLE 4Europe Solid State Cooling Market by Product, 2024 - 2031, USD Million
  • TABLE 5Europe Cooling Systems Market by Country, 2020 - 2023, USD Million
  • TABLE 6Europe Cooling Systems Market by Country, 2024 - 2031, USD Million
  • TABLE 7Europe Refrigeration Systems Market by Country, 2020 - 2023, USD Million
  • TABLE 8Europe Refrigeration Systems Market by Country, 2024 - 2031, USD Million
  • TABLE 9Europe Solid State Cooling Market by Type, 2020 - 2023, USD Million
  • TABLE 10Europe Solid State Cooling Market by Type, 2024 - 2031, USD Million
  • TABLE 11Europe Single-Stage Market by Country, 2020 - 2023, USD Million
  • TABLE 12Europe Single-Stage Market by Country, 2024 - 2031, USD Million
  • TABLE 13Europe Multi-Stage Market by Country, 2020 - 2023, USD Million
  • TABLE 14Europe Multi-Stage Market by Country, 2024 - 2031, USD Million
  • TABLE 15Europe Thermocycler Market by Country, 2020 - 2023, USD Million
  • TABLE 16Europe Thermocycler Market by Country, 2024 - 2031, USD Million
  • TABLE 17Europe Solid State Cooling Market by Technology, 2020 - 2023, USD Million
  • TABLE 18Europe Solid State Cooling Market by Technology, 2024 - 2031, USD Million
  • TABLE 19Europe Thermoelectric Cooling Market by Country, 2020 - 2023, USD Million
  • TABLE 20Europe Thermoelectric Cooling Market by Country, 2024 - 2031, USD Million
  • TABLE 21Europe Electrocaloric Cooling Market by Country, 2020 - 2023, USD Million
  • TABLE 22Europe Electrocaloric Cooling Market by Country, 2024 - 2031, USD Million
  • TABLE 23Europe Magnetocaloric Cooling Market by Country, 2020 - 2023, USD Million
  • TABLE 24Europe Magnetocaloric Cooling Market by Country, 2024 - 2031, USD Million
  • TABLE 25Europe Others Market by Country, 2020 - 2023, USD Million
  • TABLE 26Europe Others Market by Country, 2024 - 2031, USD Million
  • TABLE 27Europe Solid State Cooling Market by Vertical, 2020 - 2023, USD Million
  • TABLE 28Europe Solid State Cooling Market by Vertical, 2024 - 2031, USD Million
  • TABLE 29Europe Healthcare Market by Country, 2020 - 2023, USD Million
  • TABLE 30Europe Healthcare Market by Country, 2024 - 2031, USD Million
  • TABLE 31Europe Semiconductor & Electronics Market by Country, 2020 - 2023, USD Million
  • TABLE 32Europe Semiconductor & Electronics Market by Country, 2024 - 2031, USD Million
  • TABLE 33Europe Automotive Market by Country, 2020 - 2023, USD Million
  • TABLE 34Europe Automotive Market by Country, 2024 - 2031, USD Million
  • TABLE 35Europe Residential Market by Country, 2020 - 2023, USD Million
  • TABLE 36Europe Residential Market by Country, 2024 - 2031, USD Million
  • TABLE 37Europe Others Market by Country, 2020 - 2023, USD Million
  • TABLE 38Europe Others Market by Country, 2024 - 2031, USD Million
  • TABLE 39Europe Solid State Cooling Market by Country, 2020 - 2023, USD Million
  • TABLE 40Europe Solid State Cooling Market by Country, 2024 - 2031, USD Million
  • TABLE 41Germany Solid State Cooling Market, 2020 - 2023, USD Million
  • TABLE 42Germany Solid State Cooling Market, 2024 - 2031, USD Million
  • TABLE 43Germany Solid State Cooling Market by Product, 2020 - 2023, USD Million
  • TABLE 44Germany Solid State Cooling Market by Product, 2024 - 2031, USD Million
  • TABLE 45Germany Solid State Cooling Market by Type, 2020 - 2023, USD Million
  • TABLE 46Germany Solid State Cooling Market by Type, 2024 - 2031, USD Million
  • TABLE 47Germany Solid State Cooling Market by Technology, 2020 - 2023, USD Million
  • TABLE 48Germany Solid State Cooling Market by Technology, 2024 - 2031, USD Million
  • TABLE 49Germany Solid State Cooling Market by Vertical, 2020 - 2023, USD Million
  • TABLE 50Germany Solid State Cooling Market by Vertical, 2024 - 2031, USD Million
  • TABLE 51UK Solid State Cooling Market, 2020 - 2023, USD Million
  • TABLE 52UK Solid State Cooling Market, 2024 - 2031, USD Million
  • TABLE 53UK Solid State Cooling Market by Product, 2020 - 2023, USD Million
  • TABLE 54UK Solid State Cooling Market by Product, 2024 - 2031, USD Million
  • TABLE 55UK Solid State Cooling Market by Type, 2020 - 2023, USD Million
  • TABLE 56UK Solid State Cooling Market by Type, 2024 - 2031, USD Million
  • TABLE 57UK Solid State Cooling Market by Technology, 2020 - 2023, USD Million
  • TABLE 58UK Solid State Cooling Market by Technology, 2024 - 2031, USD Million
  • TABLE 59UK Solid State Cooling Market by Vertical, 2020 - 2023, USD Million
  • TABLE 60UK Solid State Cooling Market by Vertical, 2024 - 2031, USD Million
  • TABLE 61France Solid State Cooling Market, 2020 - 2023, USD Million
  • TABLE 62France Solid State Cooling Market, 2024 - 2031, USD Million
  • TABLE 63France Solid State Cooling Market by Product, 2020 - 2023, USD Million
  • TABLE 64France Solid State Cooling Market by Product, 2024 - 2031, USD Million
  • TABLE 65France Solid State Cooling Market by Type, 2020 - 2023, USD Million
  • TABLE 66France Solid State Cooling Market by Type, 2024 - 2031, USD Million
  • TABLE 67France Solid State Cooling Market by Technology, 2020 - 2023, USD Million
  • TABLE 68France Solid State Cooling Market by Technology, 2024 - 2031, USD Million
  • TABLE 69France Solid State Cooling Market by Vertical, 2020 - 2023, USD Million
  • TABLE 70France Solid State Cooling Market by Vertical, 2024 - 2031, USD Million
  • TABLE 71Russia Solid State Cooling Market, 2020 - 2023, USD Million
  • TABLE 72Russia Solid State Cooling Market, 2024 - 2031, USD Million
  • TABLE 73Russia Solid State Cooling Market by Product, 2020 - 2023, USD Million
  • TABLE 74Russia Solid State Cooling Market by Product, 2024 - 2031, USD Million
  • TABLE 75Russia Solid State Cooling Market by Type, 2020 - 2023, USD Million
  • TABLE 76Russia Solid State Cooling Market by Type, 2024 - 2031, USD Million
  • TABLE 77Russia Solid State Cooling Market by Technology, 2020 - 2023, USD Million
  • TABLE 78Russia Solid State Cooling Market by Technology, 2024 - 2031, USD Million
  • TABLE 79Russia Solid State Cooling Market by Vertical, 2020 - 2023, USD Million
  • TABLE 80Russia Solid State Cooling Market by Vertical, 2024 - 2031, USD Million
  • TABLE 81Spain Solid State Cooling Market, 2020 - 2023, USD Million
  • TABLE 82Spain Solid State Cooling Market, 2024 - 2031, USD Million
  • TABLE 83Spain Solid State Cooling Market by Product, 2020 - 2023, USD Million
  • TABLE 84Spain Solid State Cooling Market by Product, 2024 - 2031, USD Million
  • TABLE 85Spain Solid State Cooling Market by Type, 2020 - 2023, USD Million
  • TABLE 86Spain Solid State Cooling Market by Type, 2024 - 2031, USD Million
  • TABLE 87Spain Solid State Cooling Market by Technology, 2020 - 2023, USD Million
  • TABLE 88Spain Solid State Cooling Market by Technology, 2024 - 2031, USD Million
  • TABLE 89Spain Solid State Cooling Market by Vertical, 2020 - 2023, USD Million
  • TABLE 90Spain Solid State Cooling Market by Vertical, 2024 - 2031, USD Million
  • TABLE 91Italy Solid State Cooling Market, 2020 - 2023, USD Million
  • TABLE 92Italy Solid State Cooling Market, 2024 - 2031, USD Million
  • TABLE 93Italy Solid State Cooling Market by Product, 2020 - 2023, USD Million
  • TABLE 94Italy Solid State Cooling Market by Product, 2024 - 2031, USD Million
  • TABLE 95Italy Solid State Cooling Market by Type, 2020 - 2023, USD Million
  • TABLE 96Italy Solid State Cooling Market by Type, 2024 - 2031, USD Million
  • TABLE 97Italy Solid State Cooling Market by Technology, 2020 - 2023, USD Million
  • TABLE 98Italy Solid State Cooling Market by Technology, 2024 - 2031, USD Million
  • TABLE 99Italy Solid State Cooling Market by Vertical, 2020 - 2023, USD Million
  • TABLE 100Italy Solid State Cooling Market by Vertical, 2024 - 2031, USD Million
  • TABLE 101Rest of Europe Solid State Cooling Market, 2020 - 2023, USD Million
  • TABLE 102Rest of Europe Solid State Cooling Market, 2024 - 2031, USD Million
  • TABLE 103Rest of Europe Solid State Cooling Market by Product, 2020 - 2023, USD Million
  • TABLE 104Rest of Europe Solid State Cooling Market by Product, 2024 - 2031, USD Million
  • TABLE 105Rest of Europe Solid State Cooling Market by Type, 2020 - 2023, USD Million
  • TABLE 106Rest of Europe Solid State Cooling Market by Type, 2024 - 2031, USD Million
  • TABLE 107Rest of Europe Solid State Cooling Market by Technology, 2020 - 2023, USD Million
  • TABLE 108Rest of Europe Solid State Cooling Market by Technology, 2024 - 2031, USD Million
  • TABLE 109Rest of Europe Solid State Cooling Market by Vertical, 2020 - 2023, USD Million
  • TABLE 110Rest of Europe 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
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