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The global energy harvesting system market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 8% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Energy harvesting (EH), also known as energy scavenging, refers to the process of converting ambient energy, like solar, vibration, thermal, wind and radio frequency, into electrical energy. EH systems eliminate the need for conventional power sources, such as batteries and power cables, thereby reducing the overall cost and can easily power remotely located electronic devices, sensor networks and wearable electronics. Moreover, these systems are durable, easy-to-use, require low maintenance and aid in reducing carbon emissions.
EH systems are being employed in building and home automation, industrial and security applications across the globe. This trend, coupled with the escalating demand for efficient and safe power systems, represents one of the key factors driving the energy harvesting system market growth. As these systems are majorly utilized in consumer electronics, wireless sensors and wearable electronic equipment, the growth in these industries is further bolstering the demand of such systems. Apart from this, piezoelectric energy harvesting systems have emerged as a reliable solution for powering remote sensor systems. Furthermore, the integration of the internet of things (IoT) solutions is catalyzing the demand for energy harvesting systems across various end use industries. The easy availability of renewable energy sources, such as tidal and wind, is also resulting in the increasing utilization of energy harvesting systems in various industry sectors. In addition to this, governments of several countries are promoting the use of green energy sources, which is expected to create a positive influence on the market in the coming years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global energy harvesting system market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on technology, component and application.
Breakup by Technology:
Breakup by Component:
Breakup by Application:
Breakup by Region:
The report has also analysed the competitive landscape of the market with some of the key players being ABB Ltd., Analog Devices Inc., Cymbet , Cypress Semiconductor Corporation (Infineon Technologies AG), EnOcean GmbH, Fujitsu Limited (Furukawa Group), Honeywell International Inc., Microchip Technology Inc., Powercast Corporation, STMicroelectronics SA and Texas Instruments Incorporated.
|Base Year of the Analysis||2020|
|Segment Coverage||Technology, Component, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||ABB Ltd., Analog Devices Inc., Cymbet , Cypress Semiconductor Corporation (Infineon Technologies AG), EnOcean GmbH, Fujitsu Limited (Furukawa Group), Honeywell International Inc., Microchip Technology Inc., Powercast Corporation, STMicroelectronics SA and Texas Instruments Incorporated|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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