Global Energy Harvesting System Market to Grow at 12.8% During 2022-2027, Bolstered by Rising Adoption of Green Energy Sources

August 10, 2021

The latest report by IMARC Group, titled “Energy Harvesting System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” finds that the global energy harvesting system market reached a value of US$ 425.7 Million in 2021. An energy harvesting system can produce energy from different sources using advanced techniques. It converts ambient energy into electrical energy, which can beused to power various devices, including consumer electronics, implantable biosensors, wireless sensor nodes, and military equipment. It also finds utilization in low-power electrical products, such as sensors, watches and home appliances, as itprovides an efficient alternative to conventional power sources. In recent years, energy harvesting systems have gained traction as they can easily power remotely located electronic devices, sensor networks, and wearable electronics.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. 

Global Energy Harvesting System Market Trends: 

The market is primarily driven by the extensive implementation of Internet of Things (IoT) devices. Rapid urbanization and the rising demand for safe, power-efficient and durable systems have further escalated the need for energy harvesting systems in home automation and buildings since they need no maintenance and are cost-effective in nature. In addition to this, the emergence of tire pressure management systems (TPMS) in the automotiveindustry has necessitated the use of energy harvesting systems to power small electric components. Besides this, governments of various nations are promoting green and sustainable energy sources, which has resulted in the shift toward energy-saving technology. This is facilitating the adoption of energy harvesting systems in rural areas to avoid power interruptions and supplement the main source of electricity in the circuit. Looking forward, the market is expected to grow at a CAGR of 12.8% during the forecast period (2022-2027).

Market Summary: 

  • Basedon the technology, the market has been segmented into light, vibration, electromagnetic/radio frequency (RF), thermal, and others.
  • On the basis of the component, the market has been classified into transducers, power management IC (PMIC) and storage units.
  • The market has been categorized based on the application into consumer electronics, building and home automation, transportation, healthcare, and others.
  • Region-wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
  • The competitive landscape of the market has been examined, with some of the key players being ABB Limited, Analog Devices Inc., Cymbet Corporation, Cypress Semiconductor Corporation (Infineon Technologies AG), EnOcean GmbH, Fujitsu Limited (Furukawa Electric Co. Limited), Honeywell International Inc., Microchip Technology Inc., Powercast Corporation, STMicroelectronics International N.V., and Texas Instruments Incorporated.


About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Global Energy Harvesting System Market to Grow at 12.8% During 2022-2027, Bolstered by Rising Adoption of Green Energy Sources
Select Licence Type



Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More