Energy Harvesting System Market – Global Opportunities & Forecast, 2020-2027
The report prepared by the GMI Research includes an in-depth
analysis of the global market and a thorough research undertaken by the
analysts. An extensive study of this market alongside the fundamental aspects
that may influence the commercialization graph of this industry has been given
in the study. The market study covers various aspects such as geographical
growth opportunities, market size, and important vendors in the market, driving
factors, segmental evaluation, constraints, and competitive landscape.
Top Companies of the Energy Harvesting System Market:
·
Honeywell International Inc.
·
ABB Ltd.
·
Fujitsu Limited
·
STMicroelectronics N.V.
·
General Electric Company
·
Advanced Linear Devices, Inc.
·
Convergence Wireless
·
Powercast Corporation
·
Microchip Technology, Inc.
·
Texas Instruments Incorporated
Drivers of the Energy Harvesting System Market:
The major factors responsible for the
growth of the energy
harvesting system market include the
extensive use of IoT devices in automation, the growing demand for
power-efficient and sustainable systems, increasing trend for green energy,
coupled with the availability of plenty renewable energy sources such as the
tidal, ocean, and the wind energy. Increasing expenditure in
infrastructure and industry development, rising awareness associated with green
energy trends, and favorable initiatives are taken by several governments to
minimize CO2 emissions from buildings are factors surging the demand for energy
harvesting technology in construction and home automation.
The energy harvesting system offers an alternative energy
source for applications in locations where there is no connectivity to grid
power, frequent power cuts, and inefficiency in installing wind turbines or
solar panels. This factor is fuelling the market growth of the energy
harvesting system in the upcoming years. The emergence of enhanced and advanced
energy harvesting technology that enables the connected devices to be virtually
operated without any impact on the environment is bolstering the growth of the
market. On the other hand, lack of knowledge about usage of the energy
harvesting devices, higher initial cost, and limitations of remotely installed
networking modules will hinder the growth of the global energy harvesting
system market.
Segmentation of the Energy Harvesting System Market:
By Technology:
·
Light Energy Harvesting
·
Vibration Energy Harvesting
·
Radio Frequency (RF) Energy Harvesting
·
Thermal Energy Harvesting
By Component:
·
Transducers
o
Photovoltaic Transducer
o
Electrodynamic, Piezoelectric, and
Electromagnetic Transducer
o
Thermoelectric Transducer
o
Radio
frequency (RF) Transducer
·
PMIC (Power Management Integrated Circuit)
·
Secondary Battery
By Application:
·
Building & Home Automation
·
Consumer Electronics
·
Industrial
·
Transportation
·
Security
By End-Use:
·
Wireless Switching System
·
Wireless HVAC System
·
Tire Pressure Monitoring System
·
Asset Tracking System
·
Remote Health Monitoring System
·
Regenerative Energy Harvesting System
By Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
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