Energy Harvesting Industry Analysis 2016-2024: Market Share, Growth, & Forecast

Posted on 2018-08-23 by Goldstein Research in Energy // 0 Comments

New York, USA, 2018-Aug-23 — /EPR Network/ —According to Goldstein Research, global energy harvesting market is expected to reach USD 942.0 billion by 2024 from USD 290.4 billion in 2016, growing at a CAGR of 15.84% over the forecast period 2016-2024. Rising demand for power efficient and safe wireless networks mainly in the industrial sector, building and home automation are the major drivers for the growth of energy harvesting market.

Global energy harvesting market segmentation has been done on the basis of technology type, system type, end user and geography. Based on technology type, light energy harvesting technology is the most attractive and dominating segment along with a 28% market share of the global energy harvesting market in 2016. Global energy harvesting market is largely dominated by Europe with a market share of 35.0% in 2016. In Europe, 6.6 million smart home systems were deployed in the year 2015 and are expected to witness a significant growth during the forecast period. Asia-Pacific is estimated to grow rapidly at a CAGR of 17.0% during the forecast period.

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Market Segmentation

On the basis of our in-depth analysis, Global Energy Harvesting Market can be segmented as follows:

Energy Harvesting Market, Based on Technology Type

Light Energy Harvesting
Electromagnetic Energy Harvesting
Vibration Energy Harvesting
Thermal Energy Harvesting

Energy Harvesting Market, Based on System Type

Thermoelectric
Electrodynamics
Photovoltaic
Radio Frequency (RF) Transducers
Piezoelectric
Electromagnetic Transducers

Energy Harvesting Market, Based on End-User

Consumer Electronics
Building and Home automation
Aerospace & Defense
Automotive & Transportation
Healthcare

Energy Harvesting Market, By Region

North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

“Global Energy Harvesting Market Outlook 2024” contains the detailed overview of the global energy harvesting market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by technology type, system type and end user.

Further, for the in-depth analysis, Global Energy Harvesting Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.

This market analysis report also includes competitive outlook of some of the major players profiling of companies such as ABB Limited, Arveni, Cymbet Corporation, Fujitsu Limited, Honeywell International Inc., Cypress Semiconductor Corp., Siemens AG, General Electric Company, Microchip Technology Inc., Nextreme Thermal Solutions, Schneider Electric SE, STMicroelectronics N.V., Texas Instrument Incorporated, EnOcean GmbH, Greenpeak Technologies B.V., Convergence Wireless, Voltree Power, Silicon Laboratories Inc., Murata Manufacturing Co. Ltd., Mide Technology Corporation, Laird Plc., Lord Microstrain, POWERLeap Inc., Levant Power Corporation, Marlow Industries, Inc., MicroGen Systems, Maxim Integrated, G24 Innovations Limited, etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

The objective of the Report:

To analyze and forecast market size of energy harvesting market.
To calculate the expected growth rate of the energy harvesting market.
To classify and forecast energy harvesting market based on type, application and geography.
To identify market key players, driving factors, & trends of the energy harvesting market with the help of SWOT Analysis.
To identify and analyze the profiles of leading players involved in the manufacturing and supplying of energy harvesting market.
To identify market opportunities for the existing and entry-level players.

Overall, the report represents the global energy harvesting market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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