According to Stratistics MRC, the Global Energy Harvesting System Market is accounted for $449.75 million in 2019 and is expected to reach $1,097.77 million by 2027 growing at a CAGR of 11.8% during the forecast period. Increasing adoption of wireless sensor networks equipped with energy harvesting system, and Rising interest for safe, power-efficient, and durable systems that require minimum or no maintenance are the major elements fueling the growth of the market. However, the limitations of remotely installed networking modules likely to restrain the market growth.
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By geography, Europe is likely to have a huge demand during the forecast period due to the favorable government policies across the region. In addition, the European Commission is supporting by offering incentives and investing in R&D of EHS and storage units, thereby propelling the regional market growth.
Some of the key players profiled in the Energy Harvesting System Market include ABB, Analog Devices, Inc, Bionic Power Inc, Cymbet, EnOcean GmbH , FUJITSU, Honeywell International Inc, MAHLE GmbH, Microchip Technology Inc, O-Flexx Technologies GmbH, Powercast Corp, Schneider Electric, STMicroelectronics, Texas Instruments Incorporated and Voltree Power, Inc.
Technologies Covered:
• Vibration Energy Harvesting
• Thermal Energy Harvesting
• Light Energy Harvesting
• Kinetic Energy Harvesting
• Electromagnetic/Radio Frequency (RF) Energy Harvesting
Components Covered:
• Power Management Integrated Circuit
• Secondary Batteries
• Transducers
Energy Sources Covered:
• Radiation
• Nuclear
• Thermal
• Magnetic
• Electric
• Gravitational
• Chemical
• Mechanical
Sensors Covered:
• Humidity
• Infrared (IR)
• Temperature
• Pressure
Applications Covered:
• Automotive
• Bicycle Dynamo
• Building & Home Automation
• Industrial
• Military And Aerospace
• Retail and Advertisement
• Security
• Transportation
• Healthcare and Research Labs
• Wireless Sensor Network
• Consumer Electronics
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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