Energy Harvesting System Market 2018 Global Leaders Overview: Siemens AG, Convergence Wireless, Cymbet, STMicroelectronics, Fujitsu, Texas Instruments

Market Research Future published a research report on “Energy Harvesting System Market Research Report- Global Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Energy Harvesting System Global Market - Overview

Energy Harvesting is a process of collecting minute amount of energy from one or more of naturally occurring energy sources such as solar, wind or water and use them later in the different application areas. Energy harvesting devices are designed to efficiently and effectively capture, store, accumulate and supply it in the form which can be used to perform various task in the daily application areas. Advancement in technology and various development have increased the efficiencies which are used in the process of collecting energy and convert them into electrical energy which is widely used. Heavy investment by the key companies have also led to the advancement in the microprocessors technology leading to maximum efficiency of the processors and optimum utilization. Wide range of benefits and reducing the carbon footprint have also led to the development of interest among several large-scale companies.

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There are various application of energy harvesting and several real-life application who uses energy harvesting system to source the power is no more a dream. There are various companies who is working constantly in the development of energy harvesting components and products such as sensors, wireless nodes and high capacity batteries. Recently, Tesla have also started working on the new generation solar panels which can be deployed on the roof of any building and can collect solar energy.

Key Players

Some of the major players in Global Energy Harvesting System Market include ABB Limited (Switzerland), Fujitsu (Japan), Honeywell International Inc.(U.S.), Siemens AG (Germany), Microchip Technology Inc. (U.S.), Convergence Wireless (U.S.), Cymbet Corporation (U.S.), STMicroelectronics (Switzerland), and Texas Instruments (U.S.) among others.

Energy Harvesting System Global Market - Segmentation

• Segmentation by Components: Transistors, controllers, solar cells, capacitors, batteries, and switches among others
• Segmentation by Methods: Vibration, photovoltaic, and thermal among others
• Segmentation by Sensors: Temperature, pressure, humidity and IR among others
• Segmentation by Application: Automation, consumer electronics, industrial, and transportation among others

Energy Harvesting System Global Market - Regional Analysis

North America is dominating the market of energy harvesting system. High growth in the field of technology and heavy investment by the key players in the field of research and development and new product launches are some of the major factor supporting the market growth. The market is also expected to witness rapid demand from residential sector as prices of electricity in the region is increasing day by day. Europe stands as second largest market for energy harvesting system due to increasing awareness about the benefits offered by energy harvesting system. The region is also expected to show positive growth rate due to the government initiatives towards the promotion of carbon free energy. Asia-Pacific on the other hand has emerged as fastest growing market. Growth of Asian countries such as China and India are expected to create huge demand in the near future. Major companies are also focusing on Asian countries and making investment towards the market of energy harvesting system.

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Industry Development

August 2018 – Researchers at Penn State’s Materials Research Institute and the University of Utah have developed a wearable energy harvesting device. The device generates energy from the swing of an arm while walking or jogging. The size of the device is the same as that of a wristwatch and produces enough power to run a personal health monitoring system.

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