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 |
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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.
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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