Energy Harvesting Market 2022
This published report for Energy Harvesting Market analyzes and forecasts the marketing statistics of the product/service market on a global as well as the regional level. This detailed study Energy Harvesting Market also offers the previous historical data along with the forecast from 2022 to 2030. The assessment of Energy Harvesting Market factors gives a brief overview of the impact on the demand over the forecast period. In addition to this, the report also studies the opportunities that are available in the report at the global level. An executive summary is also provided based on the industry snapshot for the period from 2022-2030.
Persistence Market Research (PMR) recently published a report titled “Energy Harvesting Equipment Market – Global Industry Analysis 2013-2017 and Forecast 2018-2026.” Energy harvesting equipment has witnessed an upsurge in the past three years with increasing digitalization as well as the growing adoption of green energy.
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The global energy harvesting equipment market is expected to register a CAGR of 9.9% during the forecast period of 2018 to 2028. North America, SEA & others of APAC, and Western Europe are expected to account for an approximate market share of 50% by the end of the forecast period.
Key Players:
The report has profiled some of the Important players prevalent in the global like – Tigo Energy, Inc.; greenTEG; EnOcean GmbH; Murata Manufacturing Co., Ltd.; Ocean Harvesting Technologies AB; UTAG Green Energy Technologies Inc.; ReVibe Energy; SolarEdge Technologies Inc.; Renesas Electronics and Cymbet Corporation and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Energy Harvesting.
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In this report, PMR has segmented the global energy harvesting equipment market on the basis of energy source, end user, industry vertical, product category, and region. With respect to the energy source, the thermoelectric sub-segment is expected to register the highest growth in the global energy harvesting equipment market. Under the end user segment, the commercial subsegment is expected to dominate the global energy harvesting equipment market throughout the forecast period. On the basis of industrial vertical, the home & building automation subsegment is expected to register the highest market share in the global energy harvesting equipment market by the end of the forecast period. On the basis of the product category, the energy harvesting ICs subsegment is expected to witness a higher growth rate as compared to other products.
In the coming years, small and medium enterprises are expected to be the top adopters of energy harvesting equipment. Energy harvesting equipment helps enterprises improve their business functionality by minimising operating costs of electricity and improving productivity. Investments in energy harvesting equipment are witnessing significant growth. These factors are expected to boost the energy harvesting equipment market across the globe. Furthermore, energy harvesting equipment has also been adopted by various governments for producing green energy with the help of different energies captured from ambient energies.
The global annual revenue from the deployment of energy harvesting equipment devices is expected to be valued at US$ 2,670.5 Mn by the end of 2028. The dominant regions, i.e. North America, China, SEA & others of APAC, and Western Europe, are expected to collectively account for a majority share of the global energy harvesting equipment market. The energy harvesting equipment market in Latin America economies and China are likely to dominate the global energy harvesting equipment market over the forecast period. Energy harvesting equipment is adopted by several organisations in the recent years and many more organisations are expected to adopt this technology in the near future. One of the major factors driving the global energy harvesting equipment market is the digital transformation that is gaining traction in manufacturing, retail, IT, education, and wholesale industries.
Furthermore, on the basis of geography, the North America energy harvesting equipment market is expected to dominate the global energy harvesting equipment market due to high adoption of green energy developing equipment in the U.S. and the availability of resources for offering advanced energy harvesting equipment experience to the end-users in the region. The launch of advanced intelligent energy harvesting equipment by providers as well as strategic collaborations, acquisitions, and mergers will help increase the overall corporate revenue in the global energy harvesting equipment market. These factors are fuelling the growth of the energy harvesting equipment market in North America. Moreover, the Energy Harvesting Equipment market has high potential in SEA & Other of Asia Pacific, Latin America, and China owing to the increasing adoption of government and public initiatives in the regions.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Energy Harvesting Market Manufacturers
Energy Harvesting Market Distributors/Traders/Wholesalers
Energy Harvesting Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
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