Latin America Energy Harvesting System Market Size & Outlook
Latin America energy harvesting system market, 2016-2028 (US$M)
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Latin America energy harvesting system market highlights
- The Latin America energy harvesting system market generated a revenue of USD 26.2 million in 2019.
- The market is expected to grow at a CAGR of 4.7% from 2020 to 2028.
- In terms of segment, industrial was the largest revenue generating application in 2019.
- Consumer Technology is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Colombia is expected to register the highest CAGR from 2020 to 2028.
Latin America data book summary
| Market revenue in 2019 | USD 26.2 million |
| Market revenue in 2028 | USD 39.5 million |
| Growth rate | 4.7% (CAGR from 2019 to 2028) |
| Largest segment | Industrial |
| Fastest growing segment | Consumer Technology |
| 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, Latin America region accounted for 4.8% 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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Latin America 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 31.3% in 2019. Horizon Databook has segmented the Latin America 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.
CSA’s contribution to the energy harvesting system market was relatively lesser than rest of the world; however, it is expected to grow in the coming years owing to the initiatives taken by various governments in the region to optimize the usage of energy from power generation process and from other manufacturing industries such as cement, petrochemicals, refinery, and metals.
In the CSA region, the energy harvesting system market is mainly driven by countries such as Brazil, Colombia, and Paraguay with expected deployment of IoT in the forecast period.
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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 Latin America energy harvesting system market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America energy harvesting system market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Latin America energy harvesting system market size, by country, 2016-2028 (US$M)
Latin America Energy Harvesting System Market Outlook Share, 2019 & 2028 (US$M)
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