Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home Editor's Pick Market Research

Energy Harvesting System Market to Reach $1.05 Bn, Globally

Urja Daily by Urja Daily
October 6, 2021
in Market Research
Reading Time: 3 mins read
0
energy harvesting
Share on FacebookShare on TwitterShare on Linkedin

PORTLAND, Ore. – Allied Market Research published a report, titled, “Energy Harvesting System Market by Technology (Light Energy Harvesting, Vibration Energy Harvesting, Radio Frequency Energy Harvesting, and Thermal Energy Harvesting), Component (Energy Harvesting Transducers, Power Management Integrated Circuits (PMIC), and Storage System), and Application (Building & Home Automation, Consumer Electronics, Industrial, Transportation, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030.” According to the report, the global energy harvesting system market generated $511.6 million in 2020, and is expected to reach $1.05 billion by 2030, witnessing a CAGR of 7.5% from 2021 to 2030.

Drivers, restraints, and opportunities

RELATED POSTS

What’s Holding Back the EV Battery Revolution?

What Opportunities Exist for Startups in the Autonomous Driving Software Market?

Increase in demand for light energy harvesting and vibration energy harvesting along with technological advancements in sensor-based energy harvesting systems drive the growth of the global energy harvesting system market. However, disadvantages associated with energy harvesting techniques hinder the market growth. On the other hand, ongoing research & development activities and demand for energy harvesting system in building & home automation create new opportunities in the coming years.

Covid-19 Scenario

  • Owing to lockdown measures, production facilities of the energy harvesting systems have been closed partially or completely due to unavailability of the workforce, lockdown measures, and disrupted supply chain. This led to reduced production volumes.
  • The demand from applications sectors such as building & construction, automotive, consumer electronics, industrial, and transportation reduced considerably due to stoppage of daily operations during the lockdown. However, the demand is expected to recover during the post-lockdown.
  • Market players have been assessing their business strategies to enable continuity and adopt quick response strategies to regulate the supply chain to ensure raw material availability and efficient distribution.

The light energy harvesting segment to maintain its lead position throughout the forecast period

Based on technology, the light energy harvesting segment contributed to the highest share in 2020, accounting for more than one-third of the global energy harvesting system market, and is projected to maintain its lead position throughout the forecast period. Moreover, this segment is estimated to manifest the largest CAGR of 7.9% from 2021 to 2030. This is attributed to availability of advanced technologies and systems along with lessened need for disposable batteries. This type of technology can also be utilized in situations where replacement of batteries is unfeasible, risky, and expensive. The research also analyzes the segments including vibration energy harvesting, radio frequency energy harvesting, and thermal energy harvesting.

The building & home automation segment to continue its leadership status during the forecast period

Based on application, the building & home automation segment held the largest share in 2020, accounting for more than one-fourth of the global energy harvesting system market, and is expected to continue its leadership status during the forecast period. Moreover, this segment is projected to register the fastest CAGR of 8.1% from 2021 to 2030. This is due to advantages such as flexibility in distribution as there is no need for hardwiring. The research also analyzes the segments including consumer electronics, industrial, transportation, and others.

Europe, followed by North America, to maintain its lead position by 2030

Based on region, Europe, followed by North America, accounted for the highest market share in 2020, contributing to nearly two-fifths of the global energy harvesting system market, and is estimated to maintain its lead position by 2030. This is due to increased adoption in the transportation sector and rise in consumer demand for private and public electric vehicles. However, Asia-Pacific is projected to portray the highest CAGR of 8.2% during the forecast period, due to increase in demand from consumer electronics and the transportation sectors.

Leading Market Players

  • Cymbet Corporation
  • Cedrat Technologies SA
  • Tekceleo
  • ZF Friedrichshafen AG
  • Physik Instrumente (PI) GmbH & Co. KG
  • Advanced Linear Devices Inc.
  • Mide Technology Corporation
  • Powercast
  • Xidas
  • Analog Devices

Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world’s largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

Tags: Energy HarvestingLight Energy HarvestingRadio Frequency Energy HarvestingTechnologyThermal Energy HarvestingVibration Energy Harvesting
ShareTweetShare
Urja Daily

Urja Daily

Related Posts

EV Battery Revolution

What’s Holding Back the EV Battery Revolution?

by Palak
September 4, 2025
0

The Electric Vehicle (EV) Battery Market is at the center of the global clean mobility transition. With EV adoption accelerating...

Autonomous Driving Software

What Opportunities Exist for Startups in the Autonomous Driving Software Market?

by Palak
September 3, 2025
0

The rise of self-driving technology is reshaping global mobility, creating a wave of opportunities across software, hardware, and services. Among...

Electric Vehicle Polymers Market

What Challenges Could Slow Down the Electric Vehicle Polymers Market?

by Palak
September 2, 2025
0

The global automotive industry is undergoing a massive transformation with the rapid adoption of electric vehicles (EVs). Among the many...

Building Insulation Market

Top Innovations Driving the Future of the Building Insulation Market

by Palak
August 30, 2025
0

The global construction industry is undergoing a major transformation, with sustainability, energy efficiency, and advanced materials becoming the cornerstones of...

Absorption Chillers Market

Technological Innovations Driving the Future of Absorption Chillers

by Palak
August 28, 2025
0

As the world pushes toward sustainable energy solutions, cooling systems are undergoing a major transformation. Absorption chillers, which operate on...

Next Post
TXU Energy

TXU Energy Plan Offers Free Electricity with Energy Cash Rewards

Ontario Power Generation

OPG Subsidiary to PowerON Electric Vehicle Fleets

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Shweta Solar

Shweta Solar set to unveil 1.2 GW Advanced Solar Module Manufacturing Facility in NCR

September 5, 2025
Powering India's Future

Transmission Lines: Myths, Facts, and Why They Matter for Powering India’s Future

September 5, 2025

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

Shweta Solar set to unveil 1.2 GW Advanced Solar Module Manufacturing Facility in NCR

Transmission Lines: Myths, Facts, and Why They Matter for Powering India’s Future

UAE Energy Undersecretary Visits Tellus Power Globe Holding’s Hong Kong Office

The Hype Studio Partners with Kaydence Media Ventures to Boost Advocacy and PR Leadership

What’s Holding Back the EV Battery Revolution?

Zaggle and Standard Chartered Partner to Revolutionize Corporate Spend Management

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved