Global Energy Harvesting Market Forecast 2017-2024 report is segmented on the basis of source, system, application, and geography.
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The energy harvesting global market is anticipated to rise from $ 1276 million in 2016 to $ 6255 million by 2024. The market is expected to grow at a CAGR of 22.21% between 2017 and 2024.
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The global Energy Harvesting Market is segmented on the basis of source, system, application, and geography. The global energy harvesting market by the source is classified into a light energy source, mechanical energy source, electromagnetic/ radio frequency energy source, thermal energy and others.
Major players for the Energy Harvesting market are ABB limited, Arveni, Convergence wireless, Cymbet corporation, EnOceangmbh, Fujitsu limited, Green teg, g24 innovations limited (acquired by g24i power Ltd), mouser electronics, Inc., Honeywell internationals Inc., microchip technology, laird technology (Nextreme thermal solutions), Schneider electric, Siemens ag, STMicroelectronics n.v., Texas instrument incorporated.
The system segmented is further divided into electrodynamics, photovoltaic, piezoelectric, radio frequency transducers, and electromagnetic transducers. The application segment in global energy harvesting is further bifurcated into the building and home automation, consumer electronics, industrial, transportation and security and defense.
Rising Demand for the Smart Meters, Initiatives taken by the government for Energy Saving, Selected Renewable Energy Global Indicators, and Demand for Sustainable Power, Rising Implementation of IoT Sensors, and Increase in the Green Environment Initiatives by the Governments, and Low Dependence on Fossil Fuels are the major drivers for the Energy Harvesting Market.
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Europe had the colossal market share in terms of revenue (40.6%) in 2016 and is estimated to hold the largest market share by 2024. Both Europe and North America are major markets for Energy Harvesting technologies, with multimillion dollar investment projects towards renewable and sustainable energy developments in the pipeline.
Asia Pacific is evolving with highest CAGR 23.7% for the forecasted period 2017-2024. Positive outlook towards economy, changing FDI policies towards energy sector, growing energy demand and efficiency are some of the driving factors for Asia Pacific Energy Harvesting market.
India, China, Singapore, Australia, Japan, and Korea are the countrys leading Energy Harvesting market in APAC. Africa and MENA are lucrative investment destinations for ROW Energy Harvesting market for the forecasted period, with countries like South Africa, Saudi Arabia, and UAE leading the market growth.
List of Figures
Figure 1 Important Growing Market
Figure 2 Porters Five Force Model In Energy Harvesting Market
Figure 3 Key Buying Criteria of Energy Harvesting Market
Figure 4 Revenue Growth Attractiveness
Figure 5 Global Energy Harvesting Market By Application 2017 & 2024 ($ Million)
Figure 6 Energy-Related Global Co2 Emissions From 1990 To 2040, By Fuel (In Billion Metric Tons)
Figure 7 Global Smartphone Users, 2016-2020 (Billion Units)
Figure 8 Use of Energy Harvesting Devices In Emerging Countries
Figure 9 Resource Potential of Marine and Hydrokinetics In the U.S. In 2015, By Resource (In Terawatt Hours Per Year)
Figure 10 Technology Maturities of Various Ocean Energy Conversion Schemes
Figure 11 Us Nanotechnology Market Applications
Figure 12 Global Energy Harvesting Market By Solar Energy 2017-2024 ($ Million)
Figure 13 Global Energy Harvesting Market By Infrared Energy 2017-2024 ($ Million)
Figure 14 Global Energy Harvesting Market By Uv Energy 2017-2024 ($ Million)
Figure 15 Global Energy Harvesting Market By Pressure Energy 2017-2024 ($ Million) and more..
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