Energy Harvesting System Market is a professional and a meticulous report which focuses on primary and secondary drivers, market share, leading segments and geographical analysis. It endows with an analytical measurement of the main challenges faced by the business currently and in the upcoming years.
Furthermore, the recent developments, product launches, joint ventures, mergers and acquisitions employed by the several key players are explained well by systemic company profiles covered in this wide ranging market report. Being a detailed market research report, Energy Harvesting System Market report gives business a competitive advantage. All this data and information is very significant to the businesses when it comes to define the strategies about the production, marketing, sales, promotion and distribution of the products and services. Energy Harvesting System Market report gives key measurements, status of the manufacturers and is a significant source of direction for the businesses and organizations.
Global Energy Harvesting System Market is expected to rise from its initial estimated value of USD 381.7 million in 2018 to an estimated value of USD 863.91 million by 2026, registering a CAGR of 10.75% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing demand for durable and power efficient systems.
Market Definition: Global Energy Harvesting System Market
Energy harvesting is used to capture energy and is also known as power harvesting or energy scavenging or ambient power through external sources and is converted into a usable electric power. They are widely used in consumer devices, medical equipment, transportation, industrial controls and military. Vibration or pressure, radio energy, temperature differentials are some of the examples of energy sources. Energy harvesting system is usually used to charge an energy storage cell and provide them power by providing protection and regulations.
- Increasing number of smart cities is driving the market.
- Technological advancement and development in the automation and energy harvesting technology.
- High installation cost of the system is restraining market.
- Restriction related to the privately installed networking modules is restraining market.
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Segmentation: Global Energy Harvesting System Market
- By Component and Sensor Type
- Wireless Sensor Network
- By Technology
- Light Energy Harvesting
- Vibration Energy Harvesting
- Radio Frequency (RF) Energy Harvesting
- Thermal Energy Harvesting
- Electromagnetic Energy Harvesting
- Kinetic Energy Harvesting
- By Component
- Electrodynamic, Piezoelectric and Electromagnetic
- Radio Frequency (RF) Transducer
- Power Management Integrated Circuit
- Secondary Battery
- By Application
- Building & Home Automation
- Bicycle Dynamo
- Military And Aerospace
- Consumer Electronics
- Mobile Phones
- Wrist Watches
- Piezoelectric Gas Lighters
- By Energy- Source
- By Geography
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East and Africa
- North America
Key Developments in the Market:
- In October 2016, EnOcean announced that they will be launching their new brand Dolphin – Self-powered IoT by EnOcean which will have energy harvesting wireless modules and white label products. These wireless modules will be used in centralized building and smart homes with EnOcean wireless technology. For modern light control they also have wireless modules for ZigBee and BLE systems on the 2.4 GHz band. The main aim is to make life easier, safer and more comfortable by processing the large volume of sensor data.
- In August 2016, Alencon Systems LLC at Solar Power International 2016 in Las Vegas announced the launch of their PV harvesting and central inverter solution with third generation of String Power Optimizers and Transmitters (SPOTs). By performing MPPT at string level they will act as central or string inverters and will reduce the effects of uneven soiling, cloud cover, sporadic damage and module degradation.
Global energy harvesting system market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of energy harvesting system market for global, Europe, North America, Asia Pacific and South America.
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Major Market Competitors/Players
Few of the major competitors currently working in energy harvesting system market are ABB, ARVENI, Cymbet, EnOcean GmbH, FUJITSU, Honeywell International Inc., Powercast Corp, Microchip Technology Inc., STMicroelectronics, Texas Instruments Incorporated, Voltree Power Inc., Bionic Power Inc., Schneider Electric, Qorvo, Inc, Mouser Electronics, Inc, IDTechEx Ltd, Schneider Electric., Silicon Laboratories, and STMicroelectronics.
The Energy Harvesting System market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Energy Harvesting System market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Energy Harvesting System market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Energy Harvesting System market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Energy Harvesting System market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Energy Harvesting System capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Energy Harvesting System by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Energy Harvesting System market. These figures have been provided in terms of both revenue and volume for the period 2020 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Energy Harvesting System market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Energy Harvesting System market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
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The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Energy Harvesting System industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
The Energy Harvesting System market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Energy Harvesting System market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Energy Harvesting System market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Energy Harvesting System market. These factors have benefited the growth of the global market for Energy Harvesting System. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
In this study, the years considered to estimate the market size of Energy Harvesting System are as follows:
- Historic Year: 2017-2020
- Base Year: 2019
- Forecast Year 2020 to 2027
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
(**NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.)
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Table of Content:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
- Market outline
PART 05: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 06: MARKET SIZING
- Market definition
- Market sizing 2021
- Market size and forecast
PART 07: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 08: MARKET SEGMENTATION BY PRODUCT
- Global Energy Harvesting System market by product
- Comparison by product
- Market opportunity by product
PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
- Global Energy Harvesting System market by distribution channel
- Comparison by distribution channel
- Global Energy Harvesting System market by offline distribution channel
- Global Energy Harvesting System market by online distribution channel
- Market opportunity by distribution channel
PART 10: CUSTOMER LANDSCAPE
PART 11: MARKET SEGMENTATION BY END-USER
- Global Energy Harvesting System market by end-user
- Comparison by end-user
PART 12: REGIONAL LANDSCAPE
- Global licensed Energy Harvesting System market by geography
- Regional comparison
- Licensed Energy Harvesting System market in Americas
- Licensed Energy Harvesting System market in EMEA
- Licensed Energy Harvesting System market in APAC
- Market opportunity
PART 13: DECISION FRAMEWORK
PART 14: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 15: MARKET TRENDS
PART 16: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 17: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
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