Energy Harvesting Systems Global Market to Reach $981.3 Million by 2030: Reduction in Carbon Footprints Leads to Growth in Energy Harvesting Market from Renewable Sources

DUBLIN, July 11, 2023 /PRNewswire/ -- The "Energy Harvesting Systems: Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

The global market for Energy Harvesting Systems estimated at US$506.8 Million in the year 2022, is projected to reach a revised size of US$981.3 Million by 2030, growing at a CAGR of 8.6% over the analysis period 2022-2030.

Transducers, one of the segments analyzed in the report, is projected to record a 9.4% CAGR and reach US$479.1 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Secondary Battery segment is readjusted to a revised 8.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $194.1 Million, While China is Forecast to Grow at 8.9% CAGR

The Energy Harvesting Systems market in the U.S. is estimated at US$194.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$60.3 Million by the year 2030 trailing a CAGR of 8.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.9% and 7.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9% CAGR.

Select Competitors (Total 39 Featured) -

• ABB Ltd.
• Advanced Linear Devices, Inc.
• Analog Devices, Inc.
• Bionic Power Inc.
• Cypress Semiconductor Corporation
• EnOcean GmbH
• Fujitsu Limited
• Maxim Integrated, Inc.
• Mide Technology Corporation
• Perpetua Power Source Technologies, Inc.
• Powercast Corporation
• STMicroelectronics N.V.
• Texas Instruments, Inc.
• Voltree Power, Inc.
• Wireless Sensor Solutions LLC

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• Energy Harvesting to Reap 'Waste' Energy for Energy Security
• Materials Used for Energy Harvesting
• Advantages and Applications of Energy Harvesting Technology
• Key Components
• Energy Harvesting Power Management ICs for Energy Harvesting Systems
• Rechargeable Batteries for Storage of Harvested Energy
• Use of Dielectric and Conductive Droplets to Enable Energy Harvesting
• Biopolymer Nanocomposites for Thermoelectric and Piezoelectric Devices
• Researchers Explore CMOS Solution for RF Energy Harvesting
• Potential to Change Realm of Energy Generation to Boost Energy Harvesting System Market
• Recent Market Activity
• Notable Market Trends
• Transducers Hold Major Revenue Share
• Vibration Energy Harvesting System Market Driven by Robust Demand for Energy-Efficient and Portable Systems
• Building & Home Automation Remains Primary Application
• The US and China to Witness Phenomenal Growth
• Demand for Energy-Efficient and Durable Systems to Drive Market Growth
• Increasing Focus on Durable, Efficient Systems Impels Piezoelectric Energy Harvesting System Market
• Competitive Landscape
• Energy Harvesting Systems - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Rising Demand for Power Efficient, Durable and Safe Systems Drive the Energy Harvesting System Market
• Intensified Adoption of IoT and Big Data Augurs Well for the Market
• Use of Sensors and Motion Energy Harvesters Complements Battery Power in Wearable Electronics
• Wearable Electronics Market in US$ Million by Region/Country: 2020 & 2025
• Energy Harvesting and Wireless Charging Techniques
• A Peek into IoT Applications/Devices Suitable for Use Energy Harvesting Sources
• Rising Need for Dependence on Fossil Fuels Drives Growth in Energy Harvesting System Market
• Projected Global Demand for Electricity (MWh): 2015, 2020, 2025, 2030 & 2035
• Global Primary Energy Consumption (Billion toe): Growth Trajectory for the Period 1990-2040
• Global Energy Consumption (Billion toe) by Country/Region (1995, 2017 and 2040): Breakdown for USA, China, India, Russia, Brazil, EU, Middle East and Rest of World
• Targets for Electricity Production from Renewable Energy Sources in Select Countries
• Reduction in Carbon Footprints Leads to Growth in Energy Harvesting Market from Renewable Sources
• Growing Number of Smart Homes and Smart Cities Necessitate Energy Harvesting Capabilities
• Connected Things in Smart Cities: Installed Base (in Million) by Segment for 2015 and 2019
• Growing Number of Smart Homes Catalyzes the Creation of Smart Cities: Global Smart Homes Market (In US$ Billion) for the Years 2019, 2021, 2023 & 2025
• Growing Adoption of Connected Home Equipment Supported by Expanding Digital Lifescape to Benefit Growth of Energy Harvesting System: Percentage Breakdown of Global Smart Home Market by Technology for the 2018 and 2022
• Global Home Automation Revenues in US$ Million by Geographic Region for 2018 and 2024
• Widespread Implementation of IoT Devices in Energy Harvesting Technology for Building and Home Automation
• Home Automation Global Market in US$ Million by Geographic Region: 2020 & 2024
• Global IoT Connected Devices Installed Base (In Billion) for the Years 2018, 2020 & 2023
• Increasing Automation in Manufacturing Sector Drives the Need for Energy Harvesting System
• Top 10 Countries in Terms of Manufacturing Output: 2018
• Demographic and Socio-Economic Trends Strengthen Market Prospects
• Ballooning Global Population
• World Population (in Thousands) by Geographic Region for the Years 2018, 2025, 2040, 2050
• Rapid Increase in Urban Dwellers
• World Urban Population in Thousands: 1950-2050P
• Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
• Percentage of Urban Population in Select Countries for 2018, 2020, 2030, 2040 and 2050
• Massive Increase in Building and Infrastructure Investments
• Global Construction Output by Region (2022): Breakdown of Construction Output (US$ Billion) and Percentage Change over 2018-2022
• Global Infrastructure Spending Estimates (Percentage of GDP) by Region
• STable Economic Scenario Augurs Well for Energy Harvesting System Market
• Global Economic Outlook: Real GDP Growth Rates in % by Country/Region for the Years 2018 through 2021

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/4aajm0

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