Product Code: EGY097D
Highlights:
The global market for energy harvesting reached $3.5 billion in 2022. The market is estimated to increase from $3.8 billion in 2023 to reach $6.5 billion by 2028, at a compound annual growth rate (CAGR) of 11.4% over the forecast period of 2023-2028.
The Americas market for energy harvesting is estimated to increase from $1.7 billion in 2023 to reach $3.0 billion by 2028, at a CAGR of 12.9% over the forecast period of 2023-2028.
The APAC market for energy harvesting is estimated to increase from $1.3 billion in 2023 to reach $2.2 billion by 2028, at a CAGR of 10.8% over the forecast period of 2023-2028.
Report Scope:
The report presents forecasts for energy harvesters for 2023 through 2028, with a base year of 2022, on a value basis. Market forecasts in terms of value are presented in U.S. dollars. It is important to note that energy harvesters can power wireless sensor nodes, which will ship by billions in the future. Energy harvesters will power several additional device categories that will not be as prolific in number as wireless nodes but will also experience tremendous growth.
Energy harvesting for this report is restricted to non-grid-connected applications and excludes power plants that use solar, wind and hydroelectric sources.
The forecasts are further broken down by energy source, end application and region. The report covers the following energy sources -
- Solar and photovoltaic.
- Thermal.
- Vibration, displacement and mechanical (including biomechanical and electrostatic, also occasionally referred to simply as mechanical).
- Radiation and electromagnetic.
- Chemical.
End-use application categories include -
- Telecommunications.
- Building, construction and home automation.
- Energy exploration, generation and distribution.
- Environment and agriculture.
- Industrial and automotive.
- Defense.
- Retail and logistics.
- Medical.
The regional breakdown focuses on the following regions -
- Americas.
- Asia-Pacific (APAC).
- Europe, the Middle East and Africa (EMEA).
The Summary and Highlights chapter provides a regional breakdown of the market value for energy harvesters. The Market Introduction chapter introduces energy harvesting and its definition, history, drivers and challenges. It also provides an overview of the larger market and breaks it down by the key characteristics of principal energy sources and application categories.
The Market Breakdown by Energy Source and the Market Breakdown by Application chapters provide an in-depth picture of energy harvester business opportunities. In terms of value, the energy harvester market is broken down by energy source and then by application category. The market for each energy source is in turn broken down by end-use application category. The market for each application category is in turn broken down by energy source and region.
The Competitive Landscape chapter and the Company Profiles chapters identify the major categories of stakeholders involved in the development and commercialization of energy harvester technology. The Patent Analysis chapter covers innovations that impact energy harvesters. Patents are categorized by energy sources and areas of value, and they are analyzed based on years of issue, assignee countries and assignee organizations.
Report Includes:
- 37 data tables and 18 additional tables
- An up-to-date overview and analysis of the global markets for energy harvesting devices and technologies
- Analyses of the global market trends, with historic market revenue data (sales figures) for 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028
- Estimation of the actual market size and revenue forecast for the global energy harvesting market in USD million values, and corresponding market share analysis based on the energy source, application, and region
- Discussion of the major growth drivers, opportunities and challenges, technology updates, and the impact of macroeconomic variables influencing the market for energy harvesters as a basis for projecting demand in the next few years (2023-2028)
- Review of the key patent grants and recent patent applications on energy harvesting technologies, with emphasis on emerging/upcoming technologies and new developments within the industry
- Insight into the industry structure for energy harvesters, competitive aspects of each product segments, increasing R&D investments, market growth strategies, and company revenue share analysis
- Identification of the major market players, their global rankings, and analysis of the competitive landscape based on recent developments and segmental revenues
- Descriptive company profiles of the leading global players, including BAE Systems, EnOcean (Siemens), Emerson, Honeywell Intl., Laird PLC, Texas Instruments Inc., and Textron Inc.
Table of Contents
Chapter 1 Introduction
- Overview
- Study Goals and Objectives
- Reasons for Doing This Study
- What's New in This Update?
- Scope of Report
- Intended Audience
- Research Methodology
- Information Sources
- Geographic Breakdown
- Analyst's Credentials
- BCC Custom Research
- Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
- Introduction
- Definition of Energy Harvesting
- Principal Objective of Energy Harvesting
- Mechanics of Energy Conversion
- Energy Capture and Conversion
- Energy Storage and Management
Chapter 4 Market Dynamics
- Overview
- Market Drivers
- High Efficiency and Significant Cost Reductions in Solar and PV Systems
- Carbon Footprint Reduction
- Growing Implementation of Internet of Things (IoT)
- Increased Awareness
- Improvements in Transducer Materials
- Miniaturization of Energy Harvester Circuitry
- Improvements in Heat and Temperature Resistance
- Abundance of Sources
- Market Challenges
- Damage to Energy Harvesting Devices Due to Climate Conditions
- Low Energy Extraction and Storage
- Porter's Five Forces Analysis
- SWOT Analysis
- Impact of COVID-19 on Global Market for Energy Harvesting
- Impact of the Russia-Ukraine War on the Energy Harvesting Industry
- Climate Policies and Regulation
- Value Chain Analysis
- Energy-Conversion Specialists
- Power Management Circuit Developers
- Device Manufacturers/OEMs
- Academic and Research Institutions
Chapter 5 Market by Energy Source
- Overview
- Thermal
- Market Size and Forecast
- Vibration, Displacement and Mechanical Sources (Including Biomechanical and Electrostatic)
- Market Size and Forecast
- Solar and Photovoltaic
- Market Size and Forecast
- Radiation and Electromagnetic
- Market Size and Forecast
- Chemical
- Market Size and Forecast
Chapter 6 Market by Application
- Overview
- Automotive
- Key Applications
- Market Size and Forecast
- Building, Construction and Home Automation
- Key End Uses
- Market Size and Forecast
- Defense
- Key Applications
- Market Size and Forecast
- Medical
- Key Applications
- Market Size and Forecast
- Environment and Agriculture
- Key Applications
- Market Size and Forecast
- Telecommunications
- Key End Uses
- Market Size and Forecast
- Retail and Logistics
- Key Applications
- Market Size and Forecast
- Energy Exploration, Generation and Distribution
- Key Applications
- Market Size and Forecast
- Industrial
- Key Applications
- Market Size and Forecast
Chapter 7 Market by Region
- Overview
- Americas Market for Energy Harvesting
- Asia-Pacific Market for Energy Harvesting
- EMEA Market for Energy Harvesting
Chapter 8 Emerging Technologies and Developments
- Overview
- Flexible Piezoelectric Generators
- Wearable Thermoelectric Generators (TEGs)
- Use of Sensors in Wearables
- Growing Focus on Green Energy
- Role of Wireless Sensors
- Power Management in Wireless Sensors
- Waveforms and Standards
- IEEE 802.15.4 Standard
Chapter 9 Patent Analysis
- Introduction
- Trends by Category
- Biological Energy Harvesters
- Chemical or Electrolytic Energy Harvesters
- Communication Techniques Employed by Devices Powered with Energy Harvesting
- Electrical Energy Harvesters
- Energy Harvester-Based Sensor Development and Component Assembly
- Energy Harvester Material Development and Processing
- Energy Harvester Power Management
- Hydraulic, Ocean and Fluid Flow Energy Harvesters
- Kinetic Energy Harvesters
- Mechanical and Vibration Energy Harvesters
- Photovoltaic Solar Light Energy Harvesters
- Piezoelectric Energy Harvesters
- Radiation/Electromagnetic Energy Harvesters
- Thermal Energy Harvesters
- Trends by Year
- Trends by Country
- Trends by Assignee
Chapter 10 Competitive Intelligence
- Overview
- Ranking of Top Companies
- List of Market Players
Chapter 11 Company Profiles
- ADVANCED LINEAR DEVICES INC.
- AMBIENT MICRO
- ANALOG DEVICES INC.
- ARVENI
- BAE SYSTEMS
- CITIZEN WATCH CO., LTD.
- CYMBET CORP.
- DIGI INTERNATIONAL INC.
- EMERSON ELECTRIC CO.
- ENOCEAN GMBH
- ENVISION SOLAR
- EUROSUISSE INTERNATIONAL LTD.
- FERRO SOLUTIONS
- FREESCALE (NXP SEMICONDUCTORS)
- FUTURE ELECTRONICS
- G24 POWER LTD.
- GAS SENSING SOLUTIONS LTD.
- HONEYWELL INTERNATIONAL INC.
- IXYS/LITTLEFUSE INC.
- KCF TECHNOLOGIES
- KINETRON
- LAIRD PLC
- LEVITON MANUFACTURING CO. INC.
- LUMEDYNE TECHNOLOGIES
- MARLOW INDUSTRIES
- MICROPELT
- MICROSEMI CORP.
- MICROSTRAIN INC.
- MIDE TECHNOLOGY CORP.
- MOOG INC.
- MORGAN TECHNICAL CERAMICS
- PERPETUA POWER SOURCE TECHNOLOGIES INC.
- PERPETUUM LTD.
- PHONONIC INC.
- POWERFILM SOLAR INC.
- POWERCAST CORP.
- SEIKO WATCH CORP.
- SIEMENS AG
- SMART MATERIAL CORP.
- SOLARONIX SA
- STMICROELECTRONICS
- TELLUREX CORP.
- TEXAS INSTRUMENTS INC. (TI)
- TEXTRON INC.
- THALES GROUP
- TRANSENSE TECHNOLOGIES PLC
- QORVO INC.
Chapter 12 Appendix: Acronyms