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

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.

Free Valuable Insights: The Global Solid State Cooling Market is Predict to reach USD 2 Billion by 2031, at a CAGR of 13.2%

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

Chapter 2. Marketat a Glance
2.1 Key Highlights

Chapter 3. MarketOverview
3.1 Introduction
3.1.1 Overview
3.1.1.1 MarketComposition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 MarketDrivers
3.2.2 MarketRestraints
3.2.3 MarketOpportunities
3.2.4 MarketChallenges
3.3 Porter’s Five Forces Analysis

Chapter 4. Asia Pacific Solid State Cooling Market by Product
4.1 Asia Pacific Cooling Systems Market by Country
4.2 Asia Pacific Refrigeration Systems Market by Country

Chapter 5. Asia Pacific Solid State Cooling Market by Type
5.1 Asia Pacific Single-Stage Market by Country
5.2 Asia Pacific Multi-Stage Market by Country
5.3 Asia Pacific Thermocycler Market by Country

Chapter 6. Asia Pacific Solid State Cooling Market by Technology
6.1 Asia Pacific Thermoelectric Cooling Market by Country
6.2 Asia Pacific Electrocaloric Cooling Market by Country
6.3 Asia Pacific Magnetocaloric Cooling Market by Country
6.4 Asia Pacific Others Market by Country

Chapter 7. Asia Pacific Solid State Cooling Market by Vertical
7.1 Asia Pacific Healthcare Market by Country
7.2 Asia Pacific Semiconductor & Electronics Market by Country
7.3 Asia Pacific Automotive Market by Country
7.4 Asia Pacific Residential Market by Country
7.5 Asia Pacific Others Market by Country

Chapter 8. Asia Pacific Solid State Cooling Market by Country
8.1 China Solid State Cooling Market
8.1.1 China Solid State Cooling Market by Product
8.1.2 China Solid State Cooling Market by Type
8.1.3 China Solid State Cooling Market by Technology
8.1.4 China Solid State Cooling Market by Vertical
8.2 Japan Solid State Cooling Market
8.2.1 Japan Solid State Cooling Market by Product
8.2.2 Japan Solid State Cooling Market by Type
8.2.3 Japan Solid State Cooling Market by Technology
8.2.4 Japan Solid State Cooling Market by Vertical
8.3 India Solid State Cooling Market
8.3.1 India Solid State Cooling Market by Product
8.3.2 India Solid State Cooling Market by Type
8.3.3 India Solid State Cooling Market by Technology
8.3.4 India Solid State Cooling Market by Vertical
8.4 South Korea Solid State Cooling Market
8.4.1 South Korea Solid State Cooling Market by Product
8.4.2 South Korea Solid State Cooling Market by Type
8.4.3 South Korea Solid State Cooling Market by Technology
8.4.4 South Korea Solid State Cooling Market by Vertical
8.5 Singapore Solid State Cooling Market
8.5.1 Singapore Solid State Cooling Market by Product
8.5.2 Singapore Solid State Cooling Market by Type
8.5.3 Singapore Solid State Cooling Market by Technology
8.5.4 Singapore Solid State Cooling Market by Vertical
8.6 Malaysia Solid State Cooling Market
8.6.1 Malaysia Solid State Cooling Market by Product
8.6.2 Malaysia Solid State Cooling Market by Type
8.6.3 Malaysia Solid State Cooling Market by Technology
8.6.4 Malaysia Solid State Cooling Market by Vertical
8.7 Rest of Asia Pacific Solid State Cooling Market
8.7.1 Rest of Asia Pacific Solid State Cooling Market by Product
8.7.2 Rest of Asia Pacific Solid State Cooling Market by Type
8.7.3 Rest of Asia Pacific Solid State Cooling Market by Technology
8.7.4 Rest of Asia Pacific Solid State Cooling Market by Vertical

Chapter 9. Company Profiles
9.1 Delta Electronics, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 SWOT Analysis
9.2 Ferrotec Holdings Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 SWOT Analysis
9.3 Coherent Corp.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 SWOT Analysis
9.4 Komatsu Ltd.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 SWOT Analysis
9.5 Crystal Ltd.
9.5.1 Company Overview
9.5.2 SWOT Analysis
9.6 CUI Devices (Back Porch International, Inc.)
9.6.1 Company Overview
9.6.2 SWOT Analysis
9.7 Laird Thermal Systems, Inc.
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Product Launches and Product Expansions:
9.7.3 SWOT Analysis
9.8 Solid State Cooling Systems, Inc.
9.8.1 Company Overview
9.8.2 SWOT Analysis
9.9 TE Technology, Inc.
9.9.1 Company Overview
9.10. TEC Microsystems GmbH
9.10.1 Company Overview
9.10.2 SWOT Analysis

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

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Solid State Cooling Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Solid State Cooling Market
FIG 4 Porter’s Five Forces Analysis – Solid State Cooling Market
FIG 5 Asia Pacific Solid State Cooling Marketshare by Product, 2023
FIG 6 Asia Pacific Solid State Cooling Marketshare by Product, 2031
FIG 7 Asia Pacific Solid State Cooling Market by Product, 2020 - 2031, USD Million
FIG 8 Asia Pacific Solid State Cooling Marketshare by Type, 2023
FIG 9 Asia Pacific Solid State Cooling Marketshare by Type, 2031
FIG 10 Asia Pacific Solid State Cooling Market by Type, 2020 - 2031, USD Million
FIG 11 Asia Pacific Solid State Cooling Marketshare by Technology, 2023
FIG 12 Asia Pacific Solid State Cooling Marketshare by Technology, 2031
FIG 13 Asia Pacific Solid State Cooling Market by Technology, 2020 - 2031, USD Million
FIG 14 Asia Pacific Solid State Cooling Marketshare by Vertical, 2023
FIG 15 Asia Pacific Solid State Cooling Marketshare by Vertical, 2031
FIG 16 Asia Pacific Solid State Cooling Market by Vertical, 2020 - 2031, USD Million
FIG 17 Asia Pacific Solid State Cooling Marketshare by Country, 2023
FIG 18 Asia Pacific Solid State Cooling Marketshare by Country, 2031
FIG 19 Asia Pacific Solid State Cooling Market by Country, 2020 - 2031, USD Million
FIG 20 SWOT Analysis: Delta Electronics, Inc.
FIG 21 SWOT Analysis: Ferrotec Holdings Corporation
FIG 22 SWOT Analysis: Coherent Corp.
FIG 23 SWOT Analysis: Komatsu Ltd.
FIG 24 SWOT Analysis: Crystal Ltd.
FIG 25 SWOT Analysis: CUI Devices
FIG 26 SWOT Analysis: Laird Thermal Systems, Inc.
FIG 27 SWOT Analysis: Solid State Cooling Systems, Inc.
FIG 28 SWOT Analysis: TE Technology, Inc.