Europe Energy Harvesting System Market Size & Outlook
Europe energy harvesting system market, 2016-2028 (US$M)
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Europe energy harvesting system market highlights
- The Europe energy harvesting system market generated a revenue of USD 210.9 million in 2019.
- The market is expected to grow at a CAGR of 6% 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.
- Country-wise, Italy is expected to register the highest CAGR from 2020 to 2028.
Europe data book summary
| Market revenue in 2019 | USD 210.9 million |
| Market revenue in 2028 | USD 355.1 million |
| Growth rate | 6% (CAGR from 2019 to 2028) |
| Largest segment | Home and building automation |
| 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 |
Other key industry trends
- In terms of revenue, Europe region accounted for 38.2% 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 Scope
Energy Harvesting System Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 33.9% in 2019. Horizon Databook has segmented the Europe 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 European countries are investing and focusing on the maximum utilization of IoTs to drive the technology's advancement across various enduse segments in the region. Energy harvesting systems in Europe are deployed for various applications such as building & home automation, lighting, industrial, and automated meter reading.
Companies such as KAGA FEI EUROPE GmbH, Viezo, and e-peas are some of the major players in energy harvesting system market in Europe. Furthermore, the European Commission supports by offering incentives and providing funds for research & development of energy harvesting systems, thereby propelling the growth of the Europe energy harvesting systems market.
For instance, the Metrology for Energy Harvesting Project was funded by the European Metrology Research Programme. This program aimed to help Europe to commercialize energy harvesting technologies, majorly from energy harvested through sources such as thermoelectric and vibration energy harvesting methods.
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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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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 Europe energy harvesting system market , including forecasts for subscribers. This continent databook contains high-level insights into Europe energy harvesting system market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Europe energy harvesting system market size, by country, 2016-2028 (US$M)
Europe Energy Harvesting System Market Outlook Share, 2019 & 2028 (US$M)
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