Uploaded on Jan 27, 2022
Rise in the demand for power efficient and durable systems has led to the rise in demand for energy harvesting systems. Data Bridge Market Research analyses that the energy harvesting system market will exhibit a CAGR of 10.04% for the forecast period of 2021-2028.
Energy Harvesting System Market Demand with Competitive Landscape and Analysis Research Report 2028
Energy Harvesting System Market Demand with
Competitive Landscape and Analysis Research Report
2028
Energy Harvesting System Market, By Component and Sensor Type (Wireless Sensor
Network), Technology (Light, Vibration, Radio Frequency (RF), Thermal, Electromagnetic
and Kinetic), Component (Transducer, Power Management Integrated Circuit and
Secondary Battery), Application (Building and Home Automation, Industrial,
Transportation, Security, Retail, Bicycle Dynamo, Military and Aerospace and Consumer
Electronics), Energy Source (Electric, Gravitational, Magnetic, Nuclear, Thermal,
Chemical, Mechanical and Radiation), Trends and Forecast to 2028
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Market Analysis and Insights
Rise in the demand for power efficient and durable systems has led to the rise in
demand for energy harvesting systems. Data Bridge Market Research analyses that the
energy harvesting system market will exhibit a CAGR of 10.04% for the forecast period of
2021-2028. This means that the current market value will rise up to USD 1,042.5 million
by the year 2028.
Energy harvesting system is the technology that converts the energy from the
environment in to usable electric power. This system extracts small amounts of energy
from the environment that otherwise have been lost in the form of heat, light, sound or
vibration. This process is also known as energy scavenging and is widely used in
consumer devices, medical industry, and transportation, military and so on. It is an
environmental friendly way of converting energy into electrical power.
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Major Key Players
Some of the major players operating in this market are :
• ABB
• EnOcean GmbH
• Power Costs, Inc.
• STMicroelectronics
• Cymbet
• Honeywell International Inc.
• Microchip Technology Inc.
• General Electric
• Cypress Semiconductor Corporation.
• Parker Hannifin Corp
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Market Segmentation
• By Sensor Type (Wireless Sensor Network)
• By Technology (Light, Vibration, Radio Frequency (RF), Thermal,
Electromagnetic and Kinetic)
• By Application (Building and Home Automation, Industrial, Transportation,
Security, Retail, Bicycle Dynamo, Military and Aerospace and Consumer
Electronics)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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About Data Bridge Market
Research
An absolute way to forecast what future holds is to comprehend the trend
today!
Data Bridge Market Research set forth itself as an unconventional and
neoteric Market research and consulting firm with unparalleled level of
resilience and integrated approaches. We are determined to unearth the best
market opportunities and foster efficient information for your business to
thrive in the market. Data Bridge endeavors to provide appropriate solutions
to the complex business challenges and initiates an effortless decision-making
process.
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