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Piezoelectric Energy Harvesting System Market Competitive Market Share & Forecast Major participants in piezoelectric energy harvesting system market are Silex Microsystem, PI Ceramic, Honeywell, NGK Electronics Devices

07-18-2019 02:12 PM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Piezoelectric Energy Harvesting System Market is anticipated to witness growth on account of increasing demand of efficient and durable systems with minimal operational cost. Increase in government and private partner investments along with favorable environmental norms will positively influence the industry outlook. Moreover, global inclination towards renewable energy usage along with consumer awareness for technological innovation will augment the business growth.

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Ongoing technological advancement in lead zirconate titanate (PZT) ceramics across LV and HV power application will positively influence the piezoelectric energy harvesting system market. Under high driving field, PZT provides low di-electric losses coupled with high electro-mechanical coupling co-efficient and di-electric stability complementing the product demand. Moreover, high voltage sensitivity, stability along with high volume resistivity over a wide temperature range are few indispensable factors driving the product demand.

Increasing energy demand in developing regions on account of rising infrastructural investments favored by expansion of heavy industries will augment the industry dynamics. High initial cost coupled with standardized communication protocol have continually been hindering the technological adoption. However, wide application portfolio across transportation, defense and aeronautics, building & home automation, medical and environment control will complement the piezoelectric energy harvesting system market growth.

Vibration EHS utilizes machinery vibrations ranging from very low-level vibration (10’s of mG) to high level vibration (50-60 HZ), providing reliable long-life power supplies complementing the piezoelectric energy harvesting system market. Furthermore, rapid growth in nanotechnology with respect to the reduction in the overall product size of these devices has further extended adoption across oil & gas, chemical manufacturing, food and water treatment industries.

Micro-electromechanical system (EH-MEMS) provides extended operating life, custom specific applications and reliability to energy autonomy and miniaturization (IoT applications) which will positively influence the piezoelectric energy harvesting system market. Although, increasing costs, limited availability, and insufficient power output & frequent replacement restrains product deployment. However, integration of zero power energy autonomous technologies coupled with portable electronics and advanced wireless sensors will augment the product penetration.

North America is anticipated to witness growth across the industry verticals owing to increased automation in piezo-electric EHS. Gradual alliance to promote interoperability and industry standards along with increased investment will positively influencing the industry growth. Furthermore, research & development with respect to sensor technology, strain and packing density, and cost reduction through economies of scale will positively influence the piezoelectric energy harvesting system market

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Major participants in piezoelectric energy harvesting system market are Silex Microsystem, PI Ceramic, Honeywell, NGK Electronics Devices, Texas Instruments, Boeing, Smart Material, Digikey, Cymbet, Advanced Ceramatics, Microstrain and others.

Research Methodology

At Global Market Insights, our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the industry. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc. Primary objectives of data mining include:
• Definition and scope of research
• Market dynamics, growth drivers and industry pitfalls
• Regulatory and political guidelines for the industry
• Demographics and statistical data

All the above factors are identified and analyzed in detail, with their present and expected market impact, which is quantified and used to derive market growth expectation. Market forecast is built using statistical analysis with models built around time-variance, regression and correlation analytics.

Significant emphasis is put on primary research, which serves the dual role or not only validating our findings but also obtaining penetrating market insights, which help us gain more clarity regarding business environment and competitive leverage.

Notable participants in our primary research process include:
• Leadership figures such as CEOs, CSOs, VPs etc. in key companies
• Supply-chain participants, distributors and domain experts
• Key customers and B2B clients

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://gminsights.wordpress.com

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research

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