Global Energy Harvesting System Market Size & Outlook
Global energy harvesting system market, 2016-2028 (US$M)
Related Markets
Global energy harvesting system market highlights
- The global energy harvesting system market generated a revenue of USD 551.4 million in 2019 and is expected to reach USD 986.3 million by 2028.
- The market is expected to grow at a CAGR (2020 - 2028) of 6.7% by 2028.
- In terms of segment, industrial accounted for a revenue of USD 170.2 million in 2019.
- Home and Building Automation is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2019.
- Country-wise, Paraguay is expected to register the highest CAGR from 2020 to 2028.
Global data book summary
| Market revenue in 2019 | USD 551.4 million |
| Market revenue in 2028 | USD 986.3 million |
| Growth rate | 6.7% (CAGR from 2019 to 2028) |
| Largest segment | Industrial |
| Fastest growing segment | Home and Building Automation |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consumer Technology, Home and Building Automation, Industrial, Transportation, Security |
Other key industry trends
- In terms of revenue, the North America accounted for 30.1% of the global energy harvesting system market in 2019.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
- By country, Paraguay is the fastest growing regional market and is projected to reach USD 0.6 million by 2028.
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Energy Harvesting System Market Scope
Energy Harvesting System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global energy harvesting system market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to energy harvesting system market will help companies and investors design strategic landscapes.
Industrial was the largest segment with a revenue share of 30.87% in 2019. Horizon Databook has segmented the Global energy harvesting system market based on consumer technology, home and building automation, industrial, transportation, security covering the revenue growth of each sub-segment from 2016 to 2028.
- Global Energy Harvesting System Application Outlook (Revenue, USD Million, 2016-2028)
- Consumer Technology
- Home and Building Automation
- Industrial
- Transportation
- Security
- Others
- Global Energy Harvesting System Technology Outlook (Revenue, USD Million, 2016-2028)
- Lights
- Vibration
- Piezoelectric
- Electrodynamic
- Electrostatic
- Electromagnetic
- Radio Frequency
- Thermal
- Global Energy Harvesting System Components Outlook (Revenue, USD Million, 2016-2028)
- Sensor
- Transducer
- Power-Management IC (PMIC)
- Secondary/Backup Battery
- Others
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Our clientele includes a mix of energy harvesting system market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global energy harvesting system market , including forecasts for subscribers. This global databook contains high-level insights into Global energy harvesting system market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Global energy harvesting system market size, by regions, 2016-2028 (US$M)
Top 10 countries: Energy harvesting system market size, 2019 (US$M)
Global energy harvesting system market share, by application, 2019 & 2028 (%, US$M)
Energy harvesting system market: Opportunity assessment by country
Global energy harvesting system market, by region, 2019 (US$M)
| Application | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 142.5 | 147.1 | 155.1 | 166.1 | 136.4 | 147.5 | 160.5 | 175.6 | 193.3 | 214.1 | 238.4 | 267.0 | 300.8 | 6.8% |
| Europe | 185.3 | 189.8 | 198.5 | 210.9 | 171.8 | 184.4 | 199.0 | 216.0 | 235.8 | 259.0 | 286.1 | 317.8 | 355.1 | 6.0% |
| Asia Pacific | 104.5 | 109.4 | 116.9 | 126.8 | 105.5 | 115.6 | 127.3 | 141.1 | 157.2 | 176.2 | 198.6 | 225.0 | 256.5 | 8.1% |
| Latin America | 23.8 | 24.1 | 24.9 | 26.2 | 21.1 | 22.4 | 23.9 | 25.6 | 27.6 | 30.0 | 32.7 | 35.8 | 39.5 | 4.7% |
| MEA | 19.0 | 19.4 | 20.2 | 21.4 | 17.3 | 18.5 | 19.9 | 21.5 | 23.4 | 25.6 | 28.1 | 31.1 | 34.5 | 5.5% |
| Overall | 475.0 | 489.7 | 515.5 | 551.4 | 452.2 | 488.3 | 530.6 | 579.8 | 637.4 | 704.8 | 783.8 | 876.7 | 986.3 | 6.7% |
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