New York NY 2 May 2019:
The Report “Energy
Harvesting Equipment Market [By Technology (Thermoelectric
Energy Harvesting, Piezoelectric Energy Harvesting, Electrodynamic Energy
Harvesting, Photovoltaic Energy Harvesting, Others); By End-User (Defense,
Commercial, Residential, Industrial, Transportation, Healthcare, Others); By
Region]: Market Size & Forecast, 2018 – 2026” The Global Energy Harvesting
Equipment market generated $372 million in 2017 and is anticipated to grow at a
CAGR of 11.4% during the forecast period.
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Energy Harvesting Equipment uses
electrical energy present in the environment to power various circuits and
appliances. Energy harvesting equipment is used to power electronics at
locations with no conventional power sources, and in applications in remote
locations, underwater, and other difficult-to-access locations. Some
applications of energy harvesting equipment include remote corrosion monitoring
systems, implantable devices and remote patient monitoring, structural
monitoring, RFID, Internet of Things, and equipment monitoring among others.
The demand for energy harvesting
equipment has increased over the years owing to growing environmental awareness
among consumers. Rising energy costs, and depletion of traditional fuel sources
has increased the adoption of energy harvesting equipment. The increasing need
for energy efficiency, supportive government initiatives, and growing awareness
regarding use of renewable energy sources supports the growth of the market.
Growing demand from building and home automation and wearable electronics along
with technological advancement and growing adoption of wireless sensor networks
is expected to provide numerous growth opportunities in the coming years.
The report provides an extensive
qualitative and quantitative analysis of the market trends and growth prospects
of the Global Energy Harvesting Equipment Market, 2017-2026. This report
comprises a detailed geographic distribution of the market across North
America, Europe, Asia-Pacific, Latin America, and MEA. North America is further
segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK,
Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China,
India, Japan, and Rest of Asia-Pacific.
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Complete summary of this report with TOC on “Energy Harvesting Equipment Market
by Application and End User – Global Industry Analysis and Forecast to 2026”
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North America generated the highest
revenue in 2017 owing to introduction of supportive government regulations and
growing awareness regarding environmental pollution. The increasing demand from
building and home automation sector has accelerated the adoption of energy
harvesting equipment in the region.
Competitive
Landscape and Key Vendors
The global Energy Harvesting
Equipment market is characterized by the presence of well-diversified
international and small and medium-sized vendors. These companies are
consistently launching new products to enhance their offerings in the market.
With the advancement of technologies, companies are innovating and introducing
new customized products to cater the growing needs of the customers. Leading
companies are also acquiring other companies, and enhancing their product
offerings to improve their market reach. Acquisitions enable key players to
increase their market potential in terms of geographic expansion and expansion
of customer base.
The leading companies profiled in
the report include Fujitsu Limited, GreenPeak Technologies, ABB Limited, Texas
Instruments Incorporated, Microchip Technology Inc., Siemens AG, Arveni SaS,
Cymbet Corporation, Honeywell International Inc., and Enocean GmbH.
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Key
Segment Outlook
Technology
·
Thermoelectric
Energy Harvesting
·
Piezoelectric
Energy Harvesting
·
Electrodynamic
Energy Harvesting
·
Photovoltaic
Energy Harvesting
·
Others
End-User
·
Defense
·
Commercial
·
Residential
·
Industrial
·
Transportation
·
Healthcare
·
Others
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