The report forecasts the global semiconductor cooler market to grow at a CAGR of 8.15% during the period 2016-2020.
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Commenting on the report, an analyst from the research team said: The IoT is the latest trend in the global technology arena. In simple terms, the IoT connects essential electronic devices to the Internet. Due to this, future households will have numerous interconnected electronics that will sense the surrounding environment and react accordingly. The significant technological requirements of the IoT are likely to generate the need for specialized TECs, especially for energy harvesting.
According to the report, the market is driven by a number of factors such as the emergence of advanced consumer electronics, advances in smart home and smart grid technology, and the need for optimized energy consumption.
Further, the report states that the uncertain global economic situation and cyclical nature of the semiconductor industry hiders the market growth.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.