Press release
Market Insights on Growth of Energy Harvesting Market, 2027
Market Synopsis of Energy Harvesting Market
Market Scenario
Energy harvesting is the process of capturing and storing energy as and when it is available which can be used later in both low-voltage and low-power applications. It is in great demand in various other applications which requires back-up battery, especially if the battery is in remote locations. Also, it is expected that energy harvesting will provide huge new market applications and products that are currently not available. This market has been valued at US $XX billion which is expected to grow at US $XX billion by the end of forecasted period.
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Market Segmentation
Segmentation by Energy Source: Chemicals, mechanicals, electrical, nuclear, thermal & gravitational.
Segmentation by Technology: Electrodynamics, photovoltaic, and thermoelectric among others.
Segmentation by Application: Consumer electronics, industrial, aerospace & defence, automotive, healthcare & others.
Regional Analysis
Currently Europe is dominating the market of Energy Harvesting with the market share of XX%. The main reason behind this is the favorable government support to the European countries. In Europe, the market has been valued at US $XX million in the year 2015 and expected to reach US $XX million by the end of forecasted period. Asia-Pacific and North America are emerging as fastest growing market where North America is growing with XX% of CAGR, it is expected that Asia-Pacific will dominate the market by the end of forecasted period.
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Key players
The key players in the market of Energy Harvesting Market are- Levant Power Corporation (U.S.), Honeywell International, Inc. (U.S.), Green Peak Technologies (Netherlands), Fujitsu (Japan), ABB Limited (Switzerland), Arveni (France), Enocean (Germany), Microchip Technology, Inc., (U.S.), Texas Instruments Inc. (U.S.), ST Microelectronics (Switzerland) among others.
Industry News
· In December 2015, Fujitsu announced the field trail for energy harvesting.
· In March 2015, Perpetua Power Source Technologies, Inc. announced the energy harvester for use with Honeywell product.
The reports also covers brief analysis of Geographical Region includes:
Americas
· North America
· US
· Canada
Europe
· Western Europe
· Germany
· France
· Italy
· Spain
· U.K
· Rest of Western Europe
Eastern Europe
Asia– Pacific
· Asia
· China
· India
· Japan
· South Korea
· Rest of Asia
Pacific
The Middle East& Africa
The report for Global Energy Harvesting Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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