Colombia Energy Harvesting System Market Size & Outlook

The energy harvesting system market in Colombia is expected to reach a projected revenue of US$ 2.7 million by 2028. A compound annual growth rate of 5.8% is expected of Colombia energy harvesting system market from 2020 to 2028.
Revenue, 2019 (US$M)
$1.6
Forecast, 2028 (US$M)
$2.7
CAGR, 2020 - 2028
5.8%
Report Coverage
Colombia

Colombia energy harvesting system market highlights

  • The Colombia energy harvesting system market generated a revenue of USD 1.6 million in 2019 and is expected to reach USD 2.7 million by 2028.
  • The Colombia market is expected to grow at a CAGR of 5.8% 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 2019USD 1.6 million
Market revenue in 2028USD 2.7 million
Growth rate5.8% (CAGR from 2019 to 2028)
Largest segmentIndustrial
Fastest growing segmentHome and Building Automation
Historical data2016 - 2018
Base year2019
Forecast period2020 - 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, Colombia accounted for 0.3% 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 Latin America, Brazil energy harvesting system market is projected to lead the regional market in terms of revenue in 2028.
  • Colombia is the fastest growing regional market in Latin America and is projected to reach USD 2.7 million by 2028.

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Energy Harvesting System Market Companies

Name Profile # Employees HQ Website

Colombia 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 31.25% in 2019. Horizon Databook has segmented the Colombia 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.


Adoption of energy harvesting systems are anticipated to grow in Columbia due to increasing consumer awareness and market players collaboration with international organizations to develop economical energy harvesting systems in the country.

For instance, Columbia University has partnered with The Center for Energy Harvesting Materials and Systems (CEHMS) to develop innovative solutions for the sustainable development of energy. Such initiatives are anticipated to drive the market for energy harvesting system in Columbia over the forecast period.

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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.
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Horizon Databook provides a detailed overview of country-level data and insights on the Colombia energy harvesting system market , including forecasts for subscribers. This country databook contains high-level insights into Colombia energy harvesting system market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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Colombia energy harvesting system market size, by application, 2016-2028 (US$M)

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

Colombia energy harvesting system market size, by application, 2016-2028 (US$M)

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