Radio Frequency (RF) Energy Harvesting Market Trends, Surging Demand, Detailed Analysis, And Forecast To 2033

The new report published by The Business Research Company, titled ""Radio Frequency (RF) Energy Harvesting Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the radio frequency (RF) energy harvesting market size has grown exponentially in recent years. It will grow from $17 billion in 2023 to $21.8 billion in 2024 at a compound annual growth rate (CAGR) of 28.5%. The radio frequency (RF) energy harvesting market size is expected to see exponential growth in the next few years. It will grow to $59.32 billion in 2028 at a compound annual growth rate (CAGR) of 28.4%.

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IoT And Wireless Device Demand Fuels RF Energy Harvesting Market Expansion
The growing demand for IoT and wireless devices is expected to propel the growth of the radio frequency (RF) energy harvesting market going forward. IoT (Internet of Things) and wireless devices refer to interconnected devices that can communicate with each other wirelessly, enabling data exchange and remote control functionalities over the internet. The increasing demand for IoT and wireless devices can be attributed to the proliferation of internet connectivity, the adoption of IoT technology, and the decreasing costs of hardware components. Radio frequency (RF) energy harvesting is used to generate a modest amount of electrical power, which is utilized to activate specific circuits in wireless communication electronic devices. For instance, in September 2023, according to Ericsson, a Sweden-based telecommunications company, global IoT connections reached 15.7 billion connections in 2023 and are expected to increase by 16% to 38.9 billion connections by 2029. Therefore, the growing demand for IoT and wireless devices is driving the growth of the radio frequency (RF) energy harvesting market.

Energy-Harvesting Bluetooth Solutions Driving Market Growth
Major companies operating in the radio frequency (RF) energy harvesting market are prioritizing advancements, such as energy-harvesting bluetooth, to enhance the efficiency and sustainability of wireless communication and IoT devices. Energy harvesting bluetooth refers to the utilization of Bluetooth technology in devices that are powered by harvested energy from the surrounding environment, such as solar, kinetic, or radio frequency sources, rather than traditional battery power. For instance, in October 2023, Globalscale Technologies Inc., a US-based provider of IoT solutions, launched the energy harvesting bluetooth LE 5.3 module, which uses the extremely low-power ATM33/e Series SoC from Atmosic Technologies. This module, known as the GTI-ATM3330e, integrates a Bluetooth 5.3-compliant radio with an ARM Cortex M33F application processor, 128KB of RAM, 64KB of ROM, 512 KB of nonvolatile memory (NVM), ARM TrustZone-enabled security features, and state-of-the-art power management to enable maximum lifetime in battery-operated devices.

The radio frequency (RF) energy harvesting market covered in this report is segmented -

1) By Component: Transducer, Photovoltaic And Electrodynamic, Thermoelectric And Radio Frequency (RF) transducer, Power Management Integrated Circuit, Secondary Battery
2) By Energy Source: Electric, Gravitational, Magnetic, Nuclear, Thermal, Chemical, Mechanical, Radiation
3) By Frequency Range: Low Frequency (10 GHz)
4) By Application: Wireless Switching System, Wireless Heating, Ventilation, And Air Conditioning (HVAC) System, Wireless Sensing And Telematics System, Tire Pressure Monitoring System, Asset Tracking System, Remote Health Monitoring System, Regenerative Energy Harvesting System
5) By End-User Industry: Electronics, Healthcare, Defense And Aerospace, Automotive, Telecommunications

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Major companies operating in the radio frequency (RF) energy harvesting market are ZF Friedrichshafen AG, Arrow Electronics Inc., ABB Limited, Fujitsu Limited, Telefonaktiebolaget LM Ericsson, Texas Instruments Incorporated , NXP Semiconductors N.V., Microchip Technology Inc, Cadence Design Systems Inc., Silicon Laboratories Inc., Mouser Electronics Inc., PowerFilm Inc., Everactive Inc, Enocean GmbH, Mide Technology Corp, Drayson Technologies Ltd, Nikola Labs Inc., Powercast Corp, Sodaq B.V., ONiO, Micropelt GmbH, e-peas S.A., Wiliot Inc

Contents of the report:
1. Executive Summary
2. Radio Frequency (RF) Energy Harvesting Market Report Structure
3. Radio Frequency (RF) Energy Harvesting Market Trends And Strategies
4. Radio Frequency (RF) Energy Harvesting Market - Macro Economic Scenario
5. Radio Frequency (RF) Energy Harvesting Market Size And Growth
…..
27. Radio Frequency (RF) Energy Harvesting Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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