Press release
Global Energy Harvesting Equipment Market is Estimated to Reach CAGR of 13.7% by 2023 | Top Key Players – SolarEdge Technologies Inc, Tigo Energy, Inc, Texas Instruments Incorporated, Siemens AG, ReVibe Energy
The Energy Harvesting Equipment Market is expected to experience a positive response in the upcoming years. In terms of value, the market is poised to mask a CAGR of 13.7% during the projected period. Further, the market was deliberate at USD 342.2 million in 2017 and is anticipated to reach a notable valuation by the end of the projected period. Energy harvesting is one of the new areas of power electronics where energy is extracted from the environment into utilizable electrical energy. This energy can be used directly for different harvesting applications or stored for later use. This energy harvesting equipment has a large number of applications such as remote sensing elements in wireless applications, body implants, and other consumer devices.
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Growth Drivers & Restraints
The market of energy harvesting equipment is expected to thrive on the back of rising environmental concerns among consumers. Additionally, government across the globe is encouraging consumers to adopt eco-friendly green technologies such as energy harvesting systems to generate power from natural sources. Moreover, the rising energy cost and growing acceptance of green energy source are the major factors that are positively influencing the growth of energy harvesting equipment market. Further, rising adoption of energy harvesting in different industries such as the healthcare industry, homes & building automation, agriculture and others is escalating the growth of the energy harvesting equipment market.
Based on end-user, the residential sector segment dominates the energy harvesting equipment market. The growing acceptance of electronic devices such as smartphones and laptops across the world is increasing demand for electrical energy is one of the major factors driving the expansion of the residential segment in the energy harvesting equipment market. In terms of region, North America is the strongest region for the energy harvesting equipment market. Since the high implementation of green energy technologies in the U.S. and the availability of resources for contributing advanced energy harvesting equipment to the end-users in this region is high as compare to other countries. However, the increase in complexity in the approval process of energy harvesting owing to strict regulatory laws is likely to hamper the growth of the energy harvesting equipment market.
Segmentation
The research offers a comprehensive analysis of energy harvesting equipment market with respect to following sub-markets:
By Equipment Type
- Light Energy Harvesting
- Vibration Energy Harvesting
- Thermal Energy Harvesting
- Others
By Technologies
- Thermoelectric Energy Harvesting
- Radio Frequency
- Piezoelectric Energy Harvesting
- Photovoltaic Energy Harvesting
- Electrodynamic Energy Harvesting
- Other Technologies
By End-User
- Residential
- Commercial
- Industrial
- Government
By Geography
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Competitive Landscape
The report profiles various major market players such as:
- SolarEdge Technologies Inc
- Tigo Energy, Inc
- Texas Instruments Incorporated
- Siemens AG
- ReVibe Energy
- Renesas Electronics
- Ocean Harvesting Technologies AB,
- Murata Manufacturing Corporation
- Microchip Technology Inc
- Cymbet Corporation.
- Enocean GmbH
- Other Prominent Players
Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, and recent news (acquisition, expansion, technology development, research & development and other market activities).
The study also provides company’s positioning and market share in energy harvesting equipment.
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Table of Contents@
Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Issues in Global Energy Harvesting Equipment Market
3. Global Energy Harvesting Equipment Market Trends
4. Opportunities in Global Energy Harvesting Equipment Market
5. Recent Industry Activities, 2017
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Products Average Price Analysis, By Country
9. Global Energy Harvesting Equipment Market Value (USD Million), 2017-2023
10. Global Energy Harvesting Equipment Market Segmentation Analysis, By Equipment Type
10.1. Introduction
10.2. Market Attractiveness, By Equipment Type
10.3. BPS Analysis, By Equipment Type
10.4. Light Energy Harvesting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.5. Vibration Energy Harvesting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.6. Thermal Energy Harvesting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
10.7. Others Energy Harvesting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
11. Global Energy Harvesting Equipment Market Segmentation Analysis, By Technologies
11.1. Introduction
11.2. Market Attractiveness, By Technologies
11.3. BPS Analysis, By Technologies
11.4. Thermoelectric Energy Harvesting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
11.5. Radio Frequency Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
11.6. Piezoelectric Energy Harvesting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
11.7. Photovoltaic Energy Harvesting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
11.8. Electrodynamic Energy Harvesting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
11.9. Other Technologies Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12. Global Energy Harvesting Equipment Market Segmentation Analysis, By End-User
12.1. Introduction
12.2. Market Attractiveness, By End-User
12.3. BPS Analysis, By End-User
12.4. Residential Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12.5. Commercial Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12.6. Industrial Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
12.7. Government Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13. Geographical Analysis
13.1. Introduction
13.2. North America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1. By Equipment Type
13.2.1.1. Introduction
13.2.1.2. Market Attractiveness, By Equipment Type
13.2.1.3. BPS Analysis, By Equipment Type
13.2.1.4. Light Energy Harvesting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.5. Vibration Energy Harvesting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.6. Thermal Energy Harvesting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.1.7. Others Energy Harvesting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.2. By Technologies
13.2.2.1. Introduction
13.2.2.2. Market Attractiveness, By Technologies
13.2.2.3. BPS Analysis, By Technologies
13.2.2.4. Thermoelectric Energy Harvesting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.2.5. Radio Frequency Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.2.6. Piezoelectric Energy Harvesting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.2.7. Photovoltaic Energy Harvesting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.2.8. Electrodynamic Energy Harvesting Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.2.9. Other Technologies Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.3. By End-User
13.2.3.1. Introduction
13.2.3.2. Market Attractiveness, By End-User
13.2.3.3. BPS Analysis, By End-User
13.2.3.4. Residential Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.3.5. Commercial Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.3.6. Industrial Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.3.7. Government Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.4. By Country
13.2.4.1. Market Attractiveness, By Country
13.2.4.2. BPS Analysis, By Country
13.2.4.3. U.S. Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
13.2.4.4. Canada Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2017-2023
Continue…
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