Germany Energy Harvesting System Market Size & Outlook
Germany energy harvesting system market, 2016-2028 (US$M)
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Germany energy harvesting system market highlights
- The Germany energy harvesting system market generated a revenue of USD 47.6 million in 2019 and is expected to reach USD 75.6 million by 2028.
- The Germany market is expected to grow at a CAGR of 5.3% 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 47.6 million |
| Market revenue in 2028 | USD 75.6 million |
| Growth rate | 5.3% (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, Germany accounted for 8.6% 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 Europe, Germany energy harvesting system market is projected to lead the regional market in terms of revenue in 2028.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 51.5 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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Germany 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 32.56% in 2019. Horizon Databook has segmented the Germany 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.
Germany energy harvesting system market is driven by government support to enhance the development of automation technology in the country. For instance, in 2019, the government launched its venture capital fund to stimulate enterprise innovations and propel digital transformation of the market.
The main objective is to develop the venture debt and venture capital funding across Germany as well as the European region to improve access to capital funds for technology companies based in Germany either in the growing or startup phase. Companies such as EnOcean GmbH and MAHLE GmbH are some of the major market players.
In addition, various companies are collaborating with other players to make high-end products. For instance, in March 2020, Sigfox Germany GmbH announced the expansion of its product portfolio of smart IoT sensors with its new partner, Connected Inventions, a sensor manufacturer. The focus of this collaboration is to provide products for home & building automation application segment.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany energy harvesting system market , including forecasts for subscribers. This country databook contains high-level insights into Germany energy harvesting system market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Germany energy harvesting system market size, by application, 2016-2028 (US$M)
Germany Energy Harvesting System Market Outlook Share, 2019 & 2028 (US$M)
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