China Energy Harvesting System Market Size & Outlook
China energy harvesting system market, 2016-2028 (US$M)
Related Markets
China energy harvesting system market highlights
- The China energy harvesting system market generated a revenue of USD 54.2 million in 2019 and is expected to reach USD 115.4 million by 2028.
- The China market is expected to grow at a CAGR of 8.8% 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.
Energy harvesting system market data book summary
| Market revenue in 2019 | USD 54.2 million |
| Market revenue in 2028 | USD 115.4 million |
| Growth rate | 8.8% (CAGR from 2019 to 2028) |
| Largest segment | Industrial |
| 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, China accounted for 9.8% 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.
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Energy Harvesting System Market Scope
Energy Harvesting System Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 34.32% in 2019. Horizon Databook has segmented the China 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 Chinese government introduced the smart cities initiative under its “12th Five-Year Plan” which was issued in 2011. Currently, more than 800 smart city programs are in various stages of development in the country.
Increasing the adoption level of smart consumer technology and certain government initiatives to increase deployment of IoT are major factors driving the growth of the energy harvesting system market in the country.
A high degree of R&D by industry players is expected to improve the technology over the upcoming years. Companies in the country are utilizing collaboration strategies to boost the research & development of energy harvesting systems.
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Target buyers of China energy harvesting system market databook
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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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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 China energy harvesting system market , including forecasts for subscribers. This country databook contains high-level insights into China energy harvesting system market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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China energy harvesting system market size, by application, 2016-2028 (US$M)
China Energy Harvesting System Market Outlook Share, 2019 & 2028 (US$M)
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