India Energy Harvesting System Market Size & Outlook
India energy harvesting system market, 2016-2028 (US$M)
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India energy harvesting system market highlights
- The India energy harvesting system market generated a revenue of USD 7.3 million in 2019 and is expected to reach USD 12.8 million by 2028.
- The India market is expected to grow at a CAGR of 6.5% 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 7.3 million |
| Market revenue in 2028 | USD 12.8 million |
| Growth rate | 6.5% (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, India accounted for 1.3% 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 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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India 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 32.88% in 2019. Horizon Databook has segmented the India 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.
"100 Smart Cities Mission" was launched in India in June 2015. A fund of USD 14 billion was approved by the government for the implementation of 100 smart cities and also for the rejuvenation of 500 other cities. Under the first round of the “All India City Challenge competition”, 20 cities were selected in January 2016.
Shortlisted cities were provided a fund of USD 28 million in 2016 for each of the selected city along with USD 14 million for the next 3 financial years. Factors such as the extensive implementation of IoT devices in automation under smart city projects coupled with supportive policies by the government will boost adoption of energy harvesting systems.
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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 India energy harvesting system market , including forecasts for subscribers. This country databook contains high-level insights into India energy harvesting system market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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India energy harvesting system market size, by application, 2016-2028 (US$M)
India Energy Harvesting System Market Outlook Share, 2019 & 2028 (US$M)
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