Global Markets, Technologies and Devices for Energy Harvesting
Report Highlights
The global market for energy harvesting reached $3.5 billion in 2022. The market is estimated to increase from $3.8 billion in 2023 to reach $6.5 billion by 2028, at a compound annual growth rate (CAGR) of 11.4% over the forecast period of 2023-2028.
Report Includes
- 37 data tables and 18 additional tables
- An up-to-date overview and analysis of the global markets for energy harvesting devices and technologies
- Analyses of the global market trends, with historic market revenue data (sales figures) for 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028
- Estimation of the actual market size and revenue forecast for the global energy harvesting market in USD million values, and corresponding market share analysis based on the energy source, application, and region
- Discussion of the major growth drivers, opportunities and challenges, technology updates, and the impact of macroeconomic variables influencing the market for energy harvesters as a basis for projecting demand in the next few years (2023-2028)
- Review of the key patent grants and recent patent applications on energy harvesting technologies, with emphasis on emerging/upcoming technologies and new developments within the industry
- Insight into the industry structure for energy harvesters, competitive aspects of each product segments, increasing R&D investments, market growth strategies, and company revenue share analysis
- Identification of the major market players, their global rankings, and analysis of the competitive landscape based on recent developments and segmental revenues
- Descriptive company profiles of the leading global players, including BAE Systems, EnOcean (Siemens), Emerson, Honeywell Intl., Laird PLC, Texas Instruments Inc., and Textron Inc.
Report Scope
The report presents forecasts for energy harvesters for 2023 through 2028, with a base year of 2022, on a value basis. Market forecasts in terms of value are presented in U.S. dollars. It is important to note that energy harvesters can power wireless sensor nodes, which will ship by billions in the future. Energy harvesters will power several additional device categories that will not be as prolific in number as wireless nodes but will also experience tremendous growth.
Energy harvesting for this report is restricted to non-grid-connected applications and excludes power plants that use solar, wind and hydroelectric sources.
The forecasts are further broken down by energy source, end application and region. The report covers the following energy sources:
- Solar and photovoltaic.
- Thermal.
- Vibration, displacement and mechanical (including biomechanical and electrostatic, also occasionally referred to simply as mechanical).
- Radiation and electromagnetic.
- Chemical.
End-use application categories include:
- Telecommunications.
- Building, construction and home automation.
- Energy exploration, generation and distribution.
- Environment and agriculture.
- Industrial and automotive.
- Defense.
- Retail and logistics.
- Medical.
The regional breakdown focuses on the following regions:
- Americas.
- Asia-Pacific (APAC).
- Europe, the Middle East and Africa (EMEA).
The Summary and Highlights chapter provides a regional breakdown of the market value for energy harvesters. The Market Introduction chapter introduces energy harvesting and its definition, history, drivers and challenges. It also provides an overview of the larger market and breaks it down by the key characteristics of principal energy sources and application categories.
The Market Breakdown by Energy Source and the Market Breakdown by Application chapters provide an in-depth picture of energy harvester business opportunities. In terms of value, the energy harvester market is broken down by energy source and then by application category. The market for each energy source is in turn broken down by end-use application category. The market for each application category is in turn broken down by energy source and region.
The Competitive Landscape chapter and the Company Profiles chapters identify the major categories of stakeholders involved in the development and commercialization of energy harvester technology. The Patent Analysis chapter covers innovations that impact energy harvesters. Patents are categorized by energy sources and areas of value, and they are analyzed based on years of issue, assignee countries and assignee organizations.
Frequently Asked Questions (FAQs)
- Growing demand for energy efficient devices,
- Increasing use of IoT in industrial applications such as building and home automation, and
- Growing focuses on human energy and ocean energy harvesting.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Synopsis
| Report Metrics | Details |
| Base year considered | 2022 |
| Forecast period considered | 2023 to 2028 |
| Base year market size | $3.5 billion |
| Market size forecast | $6.5 billion |
| Growth rate | CAGR of 11.4% during 2023-2028 |
| Units considered | $ Millions |
| Segments covered | By Energy Source, Application, and Region |
| Regions covered | Americas, Asia-Pacific (APAC), and Europe, the Middle East and Africa (EMEA) |
| Key Market Drivers |
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| Companies studied |
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Report Highlights
The global market for energy harvesters reached $1.7 billion in 2018 and should reach nearly $4.4 billion by 2023, at a compound annual growth rate (CAGR) of 20.2% for the period of 2018-2023.
Report Includes
- 98 data tables
- An overview of the global markets, technologies, and devices for energy harvesting within the industry
- Country specific data and analysis for United States, Canada, UK, France, Germany, China, India, and Japan
- Analyses of global market trends, with data from 2017, estimates for 2018, and projections of compound annual growth rates (CAGRs) through 2023
- Segmentation of the energy harvesting market by geographical region, end-use application, and energy source in terms of dollar and unit sales
- A look at how energy harvesting crosses many industries and disciplines such as energy management, instrumentation, wireless and wireline communication, materials, nanotechnology and regulation
- Identification of factors such as challenges, opportunities, key trends and technology updates that will affect the future market dynamics
- Information on cutting edge breakthroughs by means of a detailed patent analysis
- Comprehensive company profiles of major Players in the Market including Advanced Cerametrics Inc., Bae Systems, Cymbet Corp., Emerson Electric Co., Honeywell International Inc., Kcf Technologies, Micropelt, Phononic Inc. And Siemens Ag
Report Highlights
The global market for energy harvesters reached $880 million in 2014. This market should reach $1.1 billion in 2015 and $3.3 billion by 2020, with a compound annual growth rate (CAGR) of 23.9%.
Report Includes
- An overview of the global markets, technologies, and devices for energy harvesting.
- Analyses of market trends, with data from 2014, estimates for 2015, and projections of CAGRs through 2020.
- Breakdowns of the energy harvesting market by geographical region, end-use application, and energy source including:
- Solar and photovoltaic
- Thermal
- Vibration, displacement and mechanical (including biomechanical and electrostatic); also occasionally referred to as mechanical
- Radiation and electromagnetic
- Chemical
- A look at how energy harvesting crosses many industries and disciplines such as energy management, instrumentation, wireless and wireline communication, materials, nanotechnology and regulation.
- Analysis of the market's dynamics, specifically growth drivers, inhibitors, and opportunities.
- Information on cutting edge breakthroughs by means of a detailed patent analysis.
- Comprehensive company profiles of major players in the industry.
Report Highlights
The global energy harvesting market was valued at $323 million in 2011 and should reach $514 million in 2012. Total market value is expected to reach nearly $3.1 billion in 2017 after increasing at a five-year compound annual growth rate (CAGR) of 43.2%.