UAE Energy Harvesting System Market Size & Outlook
Related Markets
UAE energy harvesting system market highlights
- The UAE energy harvesting system market generated a revenue of USD 5.4 million in 2019 and is expected to reach USD 9.3 million by 2028.
- The UAE market is expected to grow at a CAGR of 6.1% 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 5.4 million |
| Market revenue in 2028 | USD 9.3 million |
| Growth rate | 6.1% (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, UAE accounted for 1.0% 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.
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Energy Harvesting System Market Scope
Energy Harvesting System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| MAHLE | View profile | 10001+ | Stuttgart, Baden-Wurttemberg, Germany, Europe | https://www.mahle.com |
| Power Corporation of Canada Shs Subord.Voting | View profile | 40300 | 751 Victoria Square, Montreal, QC, Canada, H2Y 2J3 | https://www.powercorporation.com |
| Energean PLC | View profile | 590 | 44 Baker Street, 3rd Floor, Accurist House, London, United Kingdom, W1U 7AL | https://www.energean.com |
| Cymbria Corp Class A | View profile | - | - | - |
| Texas Instruments Inc | View profile | 34000 | 12500 TI Boulevard, Dallas, TX, United States, 75243 | https://www.ti.com |
| Analog Devices Inc | View profile | 26000 | One Analog Way, Wilmington, MA, United States, 01887 | https://www.analog.com |
| Ekso Bionics Holdings Inc | View profile | 72 | 101 Glacier Point, Suite A, San Rafael, CA, United States, 94901 | https://www.eksobionics.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| STMicroelectronics NV | View profile | 51323 | 39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, Switzerland, 1228 | https://www.st.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
UAE 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 31.48% in 2019. Horizon Databook has segmented the UAE 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 country's energy harvesting systems market is driven by government initiatives for the deployment of smart city projects across various application segments in the country. For instance, in March 2014, the city of Dubai announced the launch of the Smart City initiative which focuses on six different areas of “Life, Transportation, Society, Economy, Governance, and Environment”.
This has resulted in companies investing and focusing on the maximum utilization of IoTs to drive the technology's advancement across various end-use segments in the country. In 2018, Abu Dhabi airport introduced a walkway that will convert travelers' footsteps into data and offgrid electricity.
This system consists of solar balloons made of solar fabric that will track and harvest solar energy and provide a kinetic light art show generated at night. Such aspects will lead to the growth of the energy harvesting system market over the forecast period in the country.
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Target buyers of UAE energy harvesting system market databook
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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 UAE energy harvesting system market , including forecasts for subscribers. This country databook contains high-level insights into UAE energy harvesting system market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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UAE energy harvesting system market size, by application, 2016-2028 (US$M)
UAE Energy Harvesting System Market Outlook Share, 2019 & 2028 (US$M)
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