U.S. Energy Harvesting System Market Size & Outlook
U.S. energy harvesting system market, 2016-2028 (US$M)
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U.S. energy harvesting system market highlights
- The U.S. energy harvesting system market generated a revenue of USD 135.4 million in 2019 and is expected to reach USD 240.7 million by 2028.
- The U.S. market is expected to grow at a CAGR of 6.6% 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 135.4 million |
| Market revenue in 2028 | USD 240.7 million |
| Growth rate | 6.6% (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, U.S. accounted for 24.6% 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 North America, U.S. energy harvesting system market is projected to lead the regional market in terms of revenue in 2028.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 18.0 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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U.S. 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 34.34% in 2019. Horizon Databook has segmented the U.S. 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 U.S. is among the early adopters of energy-efficient solutions in the world for sectors such as power generation and energy harvesting. This can be attributed to the increased importance given to clean energy solutions as per the energy act introduced by the U.S. government.
Moreover, based on such acts, relevant policies and regulations have been established to cater to different aspects of distinct sectors such as power generation. To cater to the ongoing threat regarding safety and security of IoT devices in the U.S., “The Internet of Things Cybersecurity Improvement Act of 2019” was passed to safeguard the data and privacy of users implementing IoT devices.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. energy harvesting system market , including forecasts for subscribers. This country databook contains high-level insights into U.S. energy harvesting system market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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U.S. energy harvesting system market size, by application, 2016-2028 (US$M)
U.S. Energy Harvesting System Market Outlook Share, 2019 & 2028 (US$M)
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