South Africa Energy Harvesting System Market Size & Outlook
South Africa energy harvesting system market, 2016-2028 (US$M)
Related Markets
South Africa energy harvesting system market highlights
- The South Africa energy harvesting system market generated a revenue of USD 4.2 million in 2019 and is expected to reach USD 6.6 million by 2028.
- The South Africa market is expected to grow at a CAGR of 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 4.2 million |
| Market revenue in 2028 | USD 6.6 million |
| Growth rate | 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, South Africa accounted for 0.8% 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 Middle East & Africa, Saudi Arabia energy harvesting system market is projected to lead the regional market in terms of revenue in 2028.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 9.3 million by 2028.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Energy Harvesting System Market Scope
Energy Harvesting System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South 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 33.33% in 2019. Horizon Databook has segmented the South 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.
The rising importance of smart building and automation is one of the major factors driving the growth of the market in the country. For instance, major energy harvesting system providers such as EnOcean GmbH through Future Energy Solutions in the country.
Further, the digital transformation of manufacturing market players is leading to the implementation of industrial IoT in the industrial sector of the country. Further, research initiatives are being taken to enhance the deployment of energy harvesting systems in the country.
A vehicle energy harvesting system was made by Clement Mokoenene which has the capability to generate electricity due to pressure exerted from the cars moving on the road. Moreover, in February 2021, President Cyril Ramaphosa under his nation address, announced plans for the development of three smart cities in the country over the forecast period.
Reasons to subscribe to South Africa energy harvesting system market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Africa energy harvesting system market databook
-
Our clientele includes a mix of energy harvesting system market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 South Africa energy harvesting system market , including forecasts for subscribers. This country databook contains high-level insights into South Africa energy harvesting system market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa energy harvesting system market size, by application, 2016-2028 (US$M)
South Africa Energy Harvesting System Market Outlook Share, 2019 & 2028 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
