UK Energy Harvesting System Market Size & Outlook
UK energy harvesting system market, 2016-2028 (US$M)
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UK energy harvesting system market highlights
- The UK energy harvesting system market generated a revenue of USD 33.5 million in 2019 and is expected to reach USD 55.0 million by 2028.
- The UK market is expected to grow at a CAGR of 5.7% from 2020 to 2028.
- In terms of segment, home and building automation 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 33.5 million |
| Market revenue in 2028 | USD 55.0 million |
| Growth rate | 5.7% (CAGR from 2019 to 2028) |
| Largest segment | Home and building automation |
| 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, UK accounted for 6.1% 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 |
|---|
UK 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.
Home and building automation was the largest segment with a revenue share of 33.43% in 2019. Horizon Databook has segmented the UK 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 UK energy harvesting systems market has been driven due to private and government investments resulting in the availability of energy harvesting systems in the country for various application segments. Companies such as G24 Power Limited, Pavege, and 8power are some of the noticeable players in the market.
For instance, G24 Power Limited signed a strategic development agreement with Texas Instruments in 2011 to have a joint technology platform that would combine nano-powered converter technology of Texas Instruments and solar cell technology of G24 Power Limited. With this strategic development agreement, both the companies created new opportunities for the new product line of autonomous self-powering devices, creating more demand for the product.
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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 UK energy harvesting system market , including forecasts for subscribers. This country databook contains high-level insights into UK energy harvesting system market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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UK energy harvesting system market size, by application, 2016-2028 (US$M)
UK Energy Harvesting System Market Outlook Share, 2019 & 2028 (US$M)
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