Russia Energy Harvesting System Market Size & Outlook
Russia energy harvesting system market, 2016-2028 (US$M)
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Russia energy harvesting system market highlights
- The Russia energy harvesting system market generated a revenue of USD 11.9 million in 2019 and is expected to reach USD 16.0 million by 2028.
- The Russia market is expected to grow at a CAGR of 3.4% 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 11.9 million |
| Market revenue in 2028 | USD 16.0 million |
| Growth rate | 3.4% (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, Russia accounted for 2.2% 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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Russia 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 30.25% in 2019. Horizon Databook has segmented the Russia 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 Russian government and associations play an important role in supporting IoT technology adoption in the country. For instance, in 2018, the "Internet of Things Association (IOTAS)," which is a Russian multiple stakeholder-based non-profit organization for IoT has joined the "Industrial Internet Consortium (IIC)." This partnership with IIC is a great opportunity for the IOTAS to propel IoT technologies in the country.
Further enormous potential for the IoT market in the country is resulting in companies entering the market. For instance, Sigfox, in partnership with Energo Capital, launched its 0G network for IoT in Russia. Further, several industries provide the market potential for growth of industrial IoT. These factors will boost the development of the IoT market, leading to growth in the country's energy harvesting systems market 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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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 Russia energy harvesting system market , including forecasts for subscribers. This country databook contains high-level insights into Russia energy harvesting system market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Russia energy harvesting system market size, by application, 2016-2028 (US$M)
Russia Energy Harvesting System Market Outlook Share, 2019 & 2028 (US$M)
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