Australia Energy Harvesting System Market Size & Outlook
Australia energy harvesting system market, 2016-2028 (US$M)
Related Markets
Australia energy harvesting system market highlights
- The Australia energy harvesting system market generated a revenue of USD 9.5 million in 2019 and is expected to reach USD 23.1 million by 2028.
- The Australia market is expected to grow at a CAGR of 10.4% from 2020 to 2028.
- In terms of segment, home and building automation 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.
Energy harvesting system market data book summary
| Market revenue in 2019 | USD 9.5 million |
| Market revenue in 2028 | USD 23.1 million |
| Growth rate | 10.4% (CAGR from 2019 to 2028) |
| Largest segment | Home and building automation |
| Fastest growing segment | Home and Building Automation |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, Australia accounted for 1.7% of the global energy harvesting system market in 2019.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China energy harvesting system market is projected to lead the regional market in terms of revenue in 2028.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 23.1 million by 2028.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Energy Harvesting System Market Scope
Energy Harvesting System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia 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.
Home and building automation was the largest segment with a revenue share of 29.47% in 2019. Horizon Databook has segmented the Australia 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.
The Australian government in 2016 came out with the “Smart Cities Plan” which includes three pillars: “Smart Investment, Smart Policy, and Smart Technology”. Under the first round of the “Smart Cities and Suburbs Program”, the government in November 2017 announced 52 projects selected across the country which received USD 21 million (AU$28.5 million) fund for project development.
The government has provided funds for the deployment of a Sigfox-based network which would be utilized to power smart cities and also clean energy applications in the country. Further, the Australian government in the financial year 2018–19 invested around USD 135.2 million in IoT technology as part of its commitment to deploy IoT-based solutions in the country.
The presence of policies for the deployment of smart cities and IoT technologies will fuel the demand for smart homes and automation in industries and several sectors in the country, which will lead to the growth of energy harvesting systems market in Australia over the forecast period.
Reasons to subscribe to Australia energy harvesting system market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Australia energy harvesting system market databook
-
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.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia energy harvesting system market , including forecasts for subscribers. This country databook contains high-level insights into Australia energy harvesting system market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
Australia energy harvesting system market size, by application, 2016-2028 (US$M)
Australia Energy Harvesting System Market Outlook Share, 2019 & 2028 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
