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What's Happening With Energy Harvesting Equipment Market? With UTAG Green Energy Technologies Inc.; ReVibe Energy; SolarEdge Technologies Inc, Tigo Energy, Inc.; greenTEG; EnOcean GmbH; Murata Manufacturing Co., Ltd.; Ocean Harvesting Technologies AB

05-23-2019 07:16 AM CET | Industry, Real Estate & Construction

Press release from: persistencemarketresearch.com

What's Happening With Energy Harvesting Equipment Market? With

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.

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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Market participants in the global energy harvesting equipment market report are: 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.

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.

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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.
Table of Contents

1. Executive Summary

A gist of the report highlighting the key takeaways
1.1. Market Overview
1.2. Market Analysis
1.3. Analysis and Recommendations

2. Market Introduction

The definition of energy harvesting and related market taxonomy
2.1. Market Taxonomy
2.2. Market Definition

3. Market Background

Tracking the market scenario, with key inferences drawn from historical data, current trends, and future prospects
3.1. Macroeconomic Factors
3.2. Forecast Factors – Relevance & Impact
3.3. Value Chain Analysis
3.4. Market Dynamics
3.4.1. Drivers
3.4.2. Challenges
3.4.3. Opportunity Analysis

4. Market Forecast

An overview of the global market size and future projections
4.1. Market Size Projections
4.1.1. Y-o-Y Projections
4.1.2. Absolute $ Opportunity Analysis

5. Global Energy Harvesting Market Analysis by Energy Source

5.1. Introduction
5.1.1. Market Value Share Analysis By Energy Source
5.1.2. Y-o-Y Growth Analysis by Energy Source
5.1.3. Annual Shipments by Energy Source
5.2. Historical Market Size Analysis by Energy Source, 2013-2017
5.3. Market Size Forecast by Energy Source 2018-2028
5.3.1. Thermoelectric
5.3.2. Piezoelectric
5.3.3. Radio Frequency
5.3.4. Photovoltaic
5.3.5. Others
5.4. Market Attractiveness Analysis by Energy Source

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ABOUT US:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

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