Middle East & Africa Energy Harvesting System Market Size & Outlook
Middle East & Africa energy harvesting system market, 2016-2028 (US$M)
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MEA energy harvesting system market highlights
- The MEA energy harvesting system market generated a revenue of USD 21.4 million in 2019.
- The market is expected to grow at a CAGR of 5.5% 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.
- Country-wise, UAE is expected to register the highest CAGR from 2020 to 2028.
MEA data book summary
| Market revenue in 2019 | USD 21.4 million |
| Market revenue in 2028 | USD 34.5 million |
| Growth rate | 5.5% (CAGR from 2019 to 2028) |
| Largest segment | Industrial |
| 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, MEA region accounted for 3.9% 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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Middle East & Africa 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 32.24% in 2019. Horizon Databook has segmented the Middle East & Africa 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.
Major countries in the region such as Saudi Arabia, the U.A.E., South Africa, and Egypt have come out with plans to deploy the construction of smart cities in the respective countries over the forecast period. The governments in these countries are taking significant steps for funding and inviting private sector companies to deploy their smart solutions in under-constructed smart cities.
These factors will result in increasing the deployment of IoT devices in the region which will also result to boost the growth of the energy harvesting system market in the region over 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 Middle East & Africa energy harvesting system market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa energy harvesting system market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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MEA energy harvesting system market size, by country, 2016-2028 (US$M)
Middle East & Africa Energy Harvesting System Market Outlook Share, 2019 & 2028 (US$M)
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