Asia Pacific Energy Harvesting System Market Size & Outlook

The energy harvesting system market in Asia Pacific is expected to reach a projected revenue of US$ 256.4 million by 2028. A compound annual growth rate of 8.1% is expected of Asia Pacific energy harvesting system market from 2020 to 2028.
Revenue, 2019 (US$M)
$126.8
Forecast, 2028 (US$M)
$256.4
CAGR, 2020 - 2028
8.1%
Report Coverage
Asia Pacific

Asia Pacific energy harvesting system market, 2016-2028 (US$M)

Asia

Asia Pacific energy harvesting system market highlights

  • The Asia Pacific energy harvesting system market generated a revenue of USD 126.8 million in 2019.
  • The market is expected to grow at a CAGR of 8.1% from 2020 to 2028.
  • In terms of segment, industrial was the largest revenue generating application in 2019.
  • Home and Building Automation is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, Australia is expected to register the highest CAGR from 2020 to 2028.


Asia Pacific data book summary

Market revenue in 2019USD 126.8 million
Market revenue in 2028USD 256.4 million
Growth rate8.1% (CAGR from 2019 to 2028)
Largest segmentIndustrial
Fastest growing segmentHome and Building Automation
Historical data covered2016 - 2018
Base year for estimation2019
Forecast period covered2020 - 2028
Quantitative unitsRevenue in USD million
Market segmentationConsumer Technology, Home and Building Automation, Industrial, Transportation, Security
Key market players worldwideABB 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


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 23.0% of the global energy harvesting system market in 2019.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2028.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 256.4 million by 2028.

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Energy Harvesting System Market Companies

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Asia Pacific 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 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.

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  • Our clientele includes a mix of energy harvesting system market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 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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Asia Pacific energy harvesting system market size, by country, 2016-2028 (US$M)

Asia Pacific Energy Harvesting System Market Outlook Share, 2019 & 2028 (US$M)

Asia Pacific energy harvesting system market size, by country, 2016-2028 (US$M)

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