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PUBLISHER: KBV Research | PRODUCT CODE: 1472575

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PUBLISHER: KBV Research | PRODUCT CODE: 1472575

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

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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

LAMEA 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

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1.Market Scope & Methodology

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

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

Chapter 5.LAMEA Solid State Cooling Market by Type

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

Chapter 6.LAMEA Solid State Cooling Market by Technology

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

Chapter 7.LAMEA Solid State Cooling Market by Vertical

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

Chapter 8.LAMEA Solid State Cooling Market by Country

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

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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