Italy Energy Harvesting System Market Size & Outlook
Italy energy harvesting system market, 2016-2028 (US$M)
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Italy energy harvesting system market highlights
- The Italy energy harvesting system market generated a revenue of USD 28.2 million in 2019 and is expected to reach USD 51.5 million by 2028.
- The Italy market is expected to grow at a CAGR of 6.9% 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 28.2 million |
| Market revenue in 2028 | USD 51.5 million |
| Growth rate | 6.9% (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, Italy accounted for 5.1% 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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Italy 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 35.46% in 2019. Horizon Databook has segmented the Italy 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 rising importance of home monitoring from a remote location, an increasing need for energy-saving, and low carbon emission-oriented solutions are factors that drive the growth of the market. The rapid proliferation of smart gadgets, with an expansion of the smart home product portfolio by many market players and growing concern about security, safety, and convenience among the population will drive the growth of the market in upcoming years.
The government plays an important role in supporting smart buildings. The government moves toward boosting sustainable and energy-efficient regulations to create more opportunities for smart buildings across the country. Thus, increasing demand for smart homes has led to an increase of IoTs, which will lead to the growth of energy harvesting systems across Italy.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy energy harvesting system market , including forecasts for subscribers. This country databook contains high-level insights into Italy energy harvesting system market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Italy energy harvesting system market size, by application, 2016-2028 (US$M)
Italy Energy Harvesting System Market Outlook Share, 2019 & 2028 (US$M)
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