Energy Harvesting System Market Size, Trends & Growth Opportunity by Technology (Light energy harvesting, Vibration energy harvesting), by Application (Industrial, Transportation, Security,), by End-use system (Wireless switching system, Wireless HVAC system ) and forecast till 2027
Report ID : QR1001264 | Industries : Energy & Power | Published On :October 2021 | Page Count : 243Energy Harvesting System Market
Solar, mechanical and thermal, wind energy is known as the energy which is available in different forms. Various applications are utilized to manage and combine the energy harvesting system. There is a varied range of advantages in the energy harvesting system to the several advancements. The energy harvesting system comprises different sources of ambient energy. To convert ambient energy into electrical energy, the energy harvesting application is generally used. These are helpful for providing power to customer electronics, wireless sensor nodes, and military equipment.
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Market Drivers
Devices powered by harvested energy are used in industrial applications, building and home automation, consumer electronics, and wearable devices, hence Growing demand for safe, power-efficient, and durable systems that require minimum or no maintenance is the main factor to drive the market growth. Energy which is available in the environment is wasted directly or indirectly. Therefore, the ability of these systems to capture this energy and convert it into electrical energy can be additionally used in autonomous electronic devices is also drives growth of the global energy harvesting system market.
Market Restraints
Energy harvesting systems are utilized in low-power applications in several mobile and portable markets like medical equipment, transportation, and the military and it is also deployed in applications that require a backup battery, particularly if the battery is remotely located or deployed at a difficult place to reach. When the sensor devices are deployed at remote locations, it is tough to collect data at the central receiver, hence remotely installed networking modules are a restraint factor. The uniform protocol is important for both components and the complete system, but in wireless electronics, the communication protocol is the crucial factor that connects devices.
Market Segmentation
The global energy harvesting system market is segmented by numerous factors like by Technology (Light energy harvesting, Vibration energy harvesting, Radio frequency energy harvesting, Thermal energy harvesting), by Application (Industrial, Transportation, Security, Building and home automation, Consumer electronics), by End-use system (Wireless switching system, Wireless HVAC system, Wireless sensing and telematics system, Asset tracking system, Tire pressure monitoring system, Remote health monitoring system, Regenerative energy harvesting system), by Component (Transducers, Power management integrated circuits (PMIC), Secondary batteries).
Regional Analysis
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period because of the high purchasing power and increasing tech-savvy population in the region. Several industry players are thinking of moving their manufacturing facilities to Asia Pacific owing to low operational and labor costs. In Middle East and Africa, major countries, like Saudi Arabia, UAE, South Africa, and Egypt, have introduced plans to deploy the construction of smart cities over the next few years.
Market Key Players
Some of the key players operating in Energy Harvesting System Market are Honeywell International Inc, ABB limited Inc, STMicroelectronics Inc., Levent power corporation, Microchip technology, Arverni, Marlow Industries, G24 innovations Inc., MicroGent., Linear Technology.
Industry Development
- In May 2021, EnOcean, presented the PTM 535BZ module, the latest addition to its range of transmitter modules for battery-free switch applications. In addition to the already established PTM 535 for the EnOcean wireless standard and PTM 535Z for Zigbee applications, PTM 535BZ is the first module that offers a combination of supported wireless standards in the 2.4 GHz radio band. PTM 535BZ enables the realization of energy harvesting wireless switches communicating based on Bluetooth Low Energy (BLE) or ZigBee Green Power (ZGP) radio standards. With the integrated Near Field Communication (NFC) interface, it is easy to switch between the two radio standards depending on the application.
- In October 2020, ABB’s robots were used as part of Singapore's coronavirus-testing system. The company’s robots are being used as a part of the city-state's Rapid Automated Volume Enhancer testing system, which automates some of the manual steps usual to sample processing. Two sets of the systems can process a volume of close to 4,000 samples a day.
Energy Harvesting System Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Energy Harvesting System Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Energy Harvesting System Market, By Technology
5.1 Y-o-Y Growth Comparison, By Technology
5.2 Energy Harvesting System Market Share Analysis, By Technology
5.3 Energy Harvesting System Market Size and Forecast, By Technology
5.3.1 Light energy harvesting
5.3.2 Spray
5.3.3 Vibration energy harvesting
5.3.4 Radio frequency energy harvesting
5.3.5 Thermal energy harvesting
6 Energy Harvesting System Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Energy Harvesting System Market Share Analysis, By Application
6.3 Energy Harvesting System Market Size and Forecast, By Application
6.3.1 Building and home automation
6.3.2 Consumer electronics
6.3.3 Industrial
6.3.4 Transportation
6.3.5 Security
7 Energy Harvesting System Market, By End-use system
7.1 Y-o-Y Growth Comparison, By End-use system
7.2 Energy Harvesting System Market Share Analysis, By End-use system
7.3 Energy Harvesting System Market Size and Forecast, By End-use system
7.3.1 Wireless switching system
7.3.2 Wireless HVAC system
7.3.3 Wireless sensing and telematics system
7.3.4 Tire pressure monitoring system
7.3.5 Asset tracking system
7.3.6 Remote health monitoring system
7.3.7 Regenerative energy harvesting system
8 Energy Harvesting System Market, By Component
8.1 Y-o-Y Growth Comparison, By Component
8.2 Energy Harvesting System Market Share Analysis, By Component
8.3 Energy Harvesting System Market Size and Forecast, By Component
8.3.1 Transducers
8.3.2 Power management integrated circuits (PMIC)
8.3.3 Secondary batteries
9 Energy Harvesting System Market, By Region
9.1 Energy Harvesting System Market Share Analysis, By Region
9.2 Energy Harvesting System Market Share Analysis, By Region
9.3 Energy Harvesting System Market Size and Forecast, By Region
10 North America Energy Harvesting System Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 North America Energy Harvesting System Market Share Analysis, By Technology
10.3 North America Energy Harvesting System Market Size and Forecast, By Application
10.4 North America Energy Harvesting System Market Size and Forecast, By End-use system
10.5 North America Energy Harvesting System Market Size and Forecast, By Component
10.6 North America Energy Harvesting System Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Energy Harvesting System Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Europe Energy Harvesting System Market Share Analysis, By Technology
11.3 Europe Energy Harvesting System Market Size and Forecast, By Application
11.4 Europe Energy Harvesting System Market Size and Forecast, By End-use system
11.5 Europe Energy Harvesting System Market Size and Forecast, By Component
11.6 Europe Energy Harvesting System Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific Energy Harvesting System Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Asia Pacific Energy Harvesting System Market Share Analysis, By Technology
12.3 Asia Pacific Energy Harvesting System Market Size and Forecast, By Application
12.4 Asia Pacific Energy Harvesting System Market Size and Forecast, By End-use system
12.5 Asia Pacific Energy Harvesting System Market Size and Forecast, By Component
12.6 Asia Pacific Energy Harvesting System Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13 Latin America Energy Harvesting System Market Analysis and Forecast (2021-2027)
13.1 Introduction
13.2 Latin America Energy Harvesting System Market Share Analysis, By Technology
13.3 Latin America Energy Harvesting System Market Size and Forecast, By Application
13.4 Latin America Energy Harvesting System Market Size and Forecast, By End-use system
13.5 Latin America Energy Harvesting System Market Size and Forecast, By Component
13.6 Latin America Energy Harvesting System Market Size and Forecast, Country
13.6.1. Brazil
13.6.2. Rest of Latin America
14 Middle East Energy Harvesting System Market Analysis and Forecast (2021-2027)
14.1 Introduction
14.2 Middle East Energy Harvesting System Market Share Analysis, By Technology
14.3 Middle East Energy Harvesting System Market Size and Forecast, By Application
14.4 Middle East Energy Harvesting System Market Size and Forecast, By End-use system
14.5 Middle East Energy Harvesting System Market Size and Forecast, By Component
14.6 Middle East Energy Harvesting System Market Size and Forecast, By Country
14.6.1. Saudi Arabia
14.6.2. UAE
14.6.3. Egypt
14.6.4. Kuwait
14.6.5. South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Honeywell International Inc
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.8 Key Strategies
16.2 ABB limited Inc
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.8 Key Strategies
16.3 STMicroelectronics Inc.
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.8 Key Strategies
16.4 Levent power corporation
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.8 Key Strategies
16.5 Microchip technology
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.8 Key Strategies
16.8 Arverni
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.8 Key Strategies
16.7 Marlow Industries
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.8 Key Strategies
16.8 G24 innovations Inc.
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.8 Key Strategies
16.9 MicroGent.
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.8 Key Strategies
16.10 Linear Technology
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.8 Key Strategies