Thermoelectric generators or TEGs directly convert heat into electricity using semiconductor material. They offer several advantages over traditional power generation systems such as having no moving parts, lower maintenance costs and compact size. These properties make them ideal for waste heat recovery applications in automotive exhaust systems, industrial machinery and other areas where excess heat is generated. TEGs provide an eco-friendly way to harness wasted thermal energy and improve overall efficiency. The Global Thermoelectric Generator Market is estimated to be valued at US$ 210 Million in 2024 and is expected to exhibit a CAGR of 11.% over the forecast period 2024-2031. Key Takeaways Key players operating in the Thermoelectric Generator market are Ferrotec, Laird Thermal Systems, II-VI Marlow, Micropelt, Tellurex Corporation, Yamaha Corporation, Everredtronics Get More Insights On Thermoelectric Generator https://justpaste.me/YJ3Y2