DUBLIN, July 4, 2018 /PRNewswire/ --
The "Energy Harvesting System Market by Technology, by Component, by Application, by Geography - Global Market Size, Share, Development, Growth, and Demand Forecast, 2013-2023" report has been added to ResearchAndMarkets.com's offering.
Growing measures to reduce carbon footprints, lower dependence on fossil fuels, rising adoption of IoT and big data, and growing demand for power-efficient systems are some of the major factors driving the growth of the market.
Of all applications of energy harvesting systems, building and home automation has been contributing the highest revenue globally, with an estimated contribution of more than 35% in 2017. It is also expected to be the fastest growing category during the forecast period. This is due to rapid increase in implementation and installation of sensor-based technologies, and increase in demand for energy efficient power systems, from residential and commercial sectors.
Europe has been contributing the largest revenue share to the energy harvesting system market, followed by North America. It is mainly attributed to the rise in automation of buildings and homes, and rapid growth of the industrial automation sector in these regions.
Energy harvesting system market is developing well, and IoT and big data technologies have given it a real impetus. It is generally considered as the abstraction of operational power from the atmosphere to decrease the requirement of external power sources or batteries. Habitually, electricity is utilized to achieve some active sensing and interconnect the sensor data wirelessly over local area network (LAN) or wide-area network (WAN). In the coming years, millions or billions of devices are going to be connected to the internet. It is not surprising to allude that energy harvesting will be highly beneficial for IoT applications.
A majority of wearables available in the energy harvesting system market are fitness trackers and other health application devices, which can also be driven by human motion. As wearables are becoming more preferred and common among consumers, the demand for energy to drive them is also increasing. Energy harvesting is emerging as a way to aid extra battery power in wearables. Energy harvesting also supplies energy to devices when the battery is exhausted and there is no availability of power supply.
Commonly, researchers have their hopes pinned on energy-harvesting to drive wearable devices and ultra-low power devices, that comparatively require less amount of power than conventional sources. In 2017, a team of researchers at Georgia Institute of Technology developed the ways to produce mechanical energy from the movements of human body, not only in standalone devices but also by integrating technology into fabrics. The emergence of new energy harvesting techniques has been proven to drive energy in ultra-low power applications. This provides immense growth opportunities to the energy harvesting system market across the globe.
As the energy harvesting system market sees high growth opportunities due to growth in energy harvesting practices in consumer electronics, and building and home automation categories, the competition gets tightened.
With increasing applications of energy harvesting systems across various industries, companies operating in this market are increasingly launching new products to enhance their offerings. For instance, in January 2018, EnOcean GmbH unveiled self-powered wireless sensors for energy harvesting solutions in IoT, in the International Consumer Electronics Show program which was held in Las Vegas. The solution is based on the company's Bluetooth and sub 1 GHz band (ISO/IEC 14543-3-1x) wireless standards.
Key Topics Covered
1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Technology
1.3.2 Market Segmentation by Component
1.3.3 Market Segmentation by Application
1.3.4 Market Segmentation by Geography
1.3.5 Analysis Period
1.3.6 Market Data Reporting Unit
1.3.6.1 Value
1.4 Key Stakeholders
2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.2.1 Breakdown of Primary Research Respondents
2.2.1.1 by region
2.2.1.2 by industry participant
2.2.1.3 by company type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions for the Study
3. Executive Summary
4. Introduction
4.1 Definition of Market Segments
4.1.1 by Technology
4.1.1.1 Light
4.1.1.2 Vibration
4.1.1.3 Thermal
4.1.1.4 Electromagnetic/ Radio Frequency (RF)
4.1.2 by Component
4.1.2.1 by Transducer
4.1.2.1.1 Electro-dynamic
4.1.2.1.2 Photovoltaic
4.1.2.1.3 Thermoelectric
4.1.2.1.4 Piezoelectric
4.1.2.2 PMIC
4.1.2.3 Storage systems
4.1.3 by Application
4.1.3.1 Building and home automation
4.1.3.2 Consumer Electronics
4.1.3.3 Industrial
4.1.3.4 Transportation
4.1.3.5 Security
4.2 Block Diagram of Energy Harvesting System
4.3 Market Dynamics
4.3.1 Trends
4.3.1.1 Increasing focus on hybrid projects
4.3.1.2 Fundraising in public markets
4.3.1.3 Consolidating Market
4.3.1.4 Increasing spending of developing economies on energy harvesting
4.3.2 Drivers
4.3.2.1 Growing measures to reduce carbon footprints
4.3.2.2 Lower dependence on fossil fuels
4.3.2.3 Rising adoption of IOT and big data
4.3.2.4 Growing demand for power-efficient systems
4.3.2.5 Impact analysis of drivers on market forecast
4.3.3 Restraints
4.3.3.1 Lack of consumer awareness
4.3.3.2 Lack of standardization
4.3.3.3 Impact analysis of restraints on market forecast
4.3.4 Opportunities
4.3.4.1 Advancements in nanotechnology
4.3.4.2 Emergence of motion energy harvesters to supplement battery power in wearables
4.3.4.3 Increasing usage of various vibration sources for piezoelectric energy harvesting
5. Global Market Size and Forecast
5.1 by Technology
5.2 by Component
5.2.1 Transducer Market, by Type
5.3 by Application
5.4 by Region
6. Europe Market Size and Forecast
6.1 by Technology
6.2 by Component
6.2.1 Transducer Market, by Type
6.3 by Application
6.4 by Country
7. North America Market Size and Forecast
7.1 by Technology
7.2 by Component
7.2.1 Transducer Market, by Type
7.3 by Application
7.4 by Country
8. APAC Market Size and Forecast
8.1 by Technology
8.2 by Component
8.2.1 Transducer Market, by Type
8.3 by Application
8.4 by Country
9. RoW Market Size and Forecast
9.1 by Technology
9.2 by Component
9.2.1 Transducer Market, by Type
9.3 by Application
9.4 by Country
10. Competitive Landscape
10.1 Competitive Analysis of Key Players
10.2 Recent Activities of Major Players
10.3 Global Strategic Developments of Key Players
10.3.1 Mergers and Acquisitions
10.3.2 Product Launches
10.3.3 Other Developments
11. Company Profiles
11.1 Arveni
11.1.1 Business Overview
11.1.2 Product and Service Offerings
11.1.3 Strategic Growth Plans
11.2 Convergence Wireless
11.2.1 Business Overview
11.2.2 Product and Service Offerings
11.3 Cymbet Corporation
11.3.1 Business Overview
11.3.2 Product and Service Offerings
11.4 Powercast Corporation
11.4.1 Business Overview
11.4.2 Product and Service Offerings
11.5 Texas Instruments Incorporated
11.5.1 Business Overview
11.5.2 Product and Service Offerings
11.5.3 Key Financial Summary
11.5.4 Strategic Growth Plans
11.6 Fujitsu Limited
11.6.1 Business Overview
11.6.2 Product and Service Offerings
11.6.3 Key Financial Summary
11.6.4 Strategic Growth Plans
11.7 ABB Ltd.
11.7.1 Business Overview
11.7.2 Product and Service Offerings
11.7.3 Key Financial Summary
11.7.4 Strategic Growth Plans
11.8 Honeywell International Inc.
11.8.1 Business Overview
11.8.2 Product and Service Offerings
11.8.3 Key Financial Summary
11.8.4 Strategic Growth Plans
11.9 STMicroelectronics N.V.
11.9.1 Business Overview
11.9.2 Product and Service Offerings
11.9.3 Key Financial Summary
11.9.4 Strategic Growth Plans
11.10 EnOcean GmbH
11.10.1 Business Overview
11.10.2 Product and Service Offerings
11.11 Voltree Power Inc.
11.12 Bionic Power Inc.
11.13 Energy Partners
11.14 Yantra Harvest Energy Private Limited
For more information about this report visit https://www.researchandmarkets.com/research/vzsnvx/energy_harvesting?w=5
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