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)

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.

Contact Us

Company Name: GMI RESEARCH

Email: enquiry@gmiresearch.com

Phone: +353 1 442 8820

Address:Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate

City: Dublin

State: Dublin

Country: Ireland

Website: https://www.gmiresearch.com/