Major Market Shift in Radio Frequency (RF) Energy Harvesting Industry: Energy-Harvesting Bluetooth Solutions Driving Market Growth

What Is the Forecasted Market Size and Growth Rate for the Radio Frequency (RF) Energy Harvesting Market?
The radio frequency (RF) energy harvesting market has experienced exponential growth in recent years. It will increase from $21.8 billion in 2024 to $28.06 billion in 2025, at a CAGR of 28.7%. The growth is driven by the rise of wireless communication technologies, concerns over energy consumption, the expansion of interconnected devices and networks, environmental awareness, and the introduction of supportive policies and regulations promoting energy efficiency.

The radio frequency (RF) energy harvesting market is anticipated to grow exponentially, projected to reach $76.04 billion by 2029, at a CAGR of 28.3%. The growth is attributed to the increasing deployment of IoT devices, energy efficiency initiatives, the rise of wireless sensor networks, smart city development, and increasing investments in renewable energy. Major trends in the forecast period include improved efficiency, the rise of smart buildings, focus on sustainability, integration with wireless communication standards, and the trend towards smaller, integrated electronic devices.

What Factors Are Propelling the Expansion of the Radio Frequency (RF) Energy Harvesting Market?
The rising demand for IoT and wireless devices is expected to accelerate the growth of the radio frequency (RF) energy harvesting market. IoT (Internet of Things) and wireless devices enable seamless communication and remote control capabilities over digital networks. The increasing adoption of these technologies is driven by growing internet connectivity, the affordability of hardware components, and the rapid expansion of IoT applications. RF energy harvesting technology allows wireless communication devices to harness radio frequency signals and convert them into usable electrical power. For instance, in October 2023, according to SmartTek Solutions, a US-based software company, global spending on IoT reached $1 trillion in 2022, rising to $1.1 trillion. Therefore, the increasing adoption of IoT and wireless devices is driving the growth of the RF energy harvesting market.

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Which Businesses Are at the Forefront of Radio Frequency (RF) Energy Harvesting Market Development?
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

What Are the Latest Innovations in the Radio Frequency (RF) Energy Harvesting Market?
Key players in the radio frequency (RF) energy harvesting market are prioritizing technological advancements, such as energy-harvesting Bluetooth, to improve the sustainability and efficiency of wireless communication and IoT devices. Energy-harvesting Bluetooth involves leveraging Bluetooth technology in devices powered by ambient energy sources, such as solar, kinetic, or radio frequency, instead of conventional battery power. For instance, in October 2023, Globalscale Technologies Inc., a US-based IoT solutions provider, introduced the energy-harvesting Bluetooth LE 5.3 module, which incorporates the highly energy-efficient 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, and advanced power management to maximize battery life in IoT devices.

How Is the Radio Frequency (RF) Energy Harvesting Market Segmented?
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

Subsegments:
1) By Transducer: Piezoelectric Transducers, Electromagnetic Transducers, Other Types Of Transducers
2) By Photovoltaic And Electrodynamic: Photovoltaic Energy Harvesting Systems, Electrodynamic Energy Harvesting Systems
3) By Thermoelectric And Radio Frequency (RF) Transducer: Thermoelectric Energy Harvesting Systems, RF Energy Harvesting Systems
4) By Power Management Integrated Circuit (PMIC): Voltage Regulators, Power Converters, Other PMIC Components
5) By Secondary Battery: Lithium-Ion Batteries, Supercapacitors, Other Types Of Secondary Batteries

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Where Is the Radio Frequency (RF) Energy Harvesting Market Growth Most Prominent?
North America was the largest region in the radio frequency (RF) energy harvesting market in 2024. The regions covered in the radio frequency (RF) energy harvesting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Radio Frequency (RF) Energy Harvesting Global Market Report?

- Market Size Analysis: Analyze the Radio Frequency (RF) Energy Harvesting Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Radio Frequency (RF) Energy Harvesting Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Radio Frequency (RF) Energy Harvesting Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Radio Frequency (RF) Energy Harvesting Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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