Market revenue in 2019 | USD 126.8 million |
Market revenue in 2028 | USD 256.4 million |
Growth rate | 8.1% (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 |
Key market players worldwide | ABB Ltd, Schneider Electric SE, Ekso Bionics Holdings Inc, STMicroelectronics NV, Analog Devices Inc, Texas Instruments Inc, Cymbria Corp Class A, Energean PLC, Power Corporation of Canada Shs Subord.Voting, MAHLE |
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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 32.26% in 2019. Horizon Databook has segmented the Asia Pacific 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.
Asia Pacific is expected to be the most attractive regional market for energy harvesting systems due to the rising popularity of wearable manufacturers, high purchasing power, and growing tech-savvy population in the region. Many industry players are also thinking of relocating their manufacturing facilities to Asia Pacific due to low operational and labor costs.
Such factors will further help in the growth of the IoT systems, fueling the energy harvesting systems market in the forecast period. The Internet of Things has spread across the region from smart grids to smart homes/buildings. The increasing implementation of the Internet of Things-enabled technology to meet the infrastructure and supply challenges leads to the growth of smart cities, boosting the market across the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific energy harvesting system market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific energy harvesting system market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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