Data Bridge Market Research analyses that the market is growing with a CAGR of 3.5% in the forecast period of 2021 to 2028 and is expected to reach USD 1,159.34 million by 2028.

The global thermoelectric generator (TEG) market was valued at USD 813.38 million in 2023 and is forecast to reach USD 1,610.05 million by 2030.

In 2026, after-sales success will depend less on fixing issues and more on how clearly and confidently warranty decisions are handled. Connected warranty management solutions turn fragmented information into trust-building experiences for customers, dealers, and service teams.