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

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.

Free Valuable Insights: The Global Solid State Cooling Market will Hit 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 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

Chapter 1. MarketScope & Methodology
1.1 MarketDefinition
1.2 Objectives
1.3 MarketScope
1.4 Segmentation
1.4.1 Europe Solid State Cooling Market, by Product
1.4.2 Europe Solid State Cooling Market, by Type
1.4.3 Europe Solid State Cooling Market, by Technology
1.4.4 Europe Solid State Cooling Market, by Vertical
1.4.5 Europe 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. Europe Solid State Cooling Market by Product
4.1 Europe Cooling Systems Market by Country
4.2 Europe Refrigeration Systems Market by Country

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

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

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

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