Skip to main content

Energy Harvesting Market, 2014-2020 by Segmentation: Based on Product, Application and Region

Press Release   •   Feb 22, 2016 00:16 EST

Energy harvesting refers to the integrated approach of collecting, storing and harnessing energy; primarily ambient energy for various applications under the purview of both on-demand and off-grid usage. Although a greener and efficient solution, energy harvesting is expensive in nature and is adopted only when other sources of energy are not approachable. However, it is imperative to understand that harvested energy is preferred on the basis of demand and not on the basis of supply or availability of the energy sources.

Market segmentation of energy harvesting includes segmentation on the basis of different energy sources/fields, applications and geography. The major drivers of the global energy harvesting market include the growing need of end-use application segments, especially for the consumer segment, along with rapid technological advancements and relatively economical, efficient and greener solution offerings. Some of the key restraints of the global energy harvesting market include the technological uncertainty associated with off-grid and on-demand usage of energy harvesting-based technology, associated expensive nature and lack of awareness about energy harvesting usage among consumers. Although gaining popularity, energy harvesting technology is not yet applicable in all domains; particularly unsuitable for powering mesh wireless networks due to capacity to generate relatively low current. The nature and availability of abundant renewable sources of energy, especially ocean and tidal energy along with enhanced awareness programs and efficient methods can serve as a positive opportunity for the energy harvesting market at a global level.

Request Free Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-58

On the basis of different energy sources/fields, the energy harvesting market can be segmented as: radiation (solar, electromagnetic and light, etc.), mechanical (fluid, elastic, kinetic and potential), chemical (battery, fuel cells and phase change), nuclear, magnetic, electric, thermal and gravitational. The usability of these energy sources depends upon the location of the energy harvester and can be restricted to a specific application for a given location. Among these, energy harvesting using electric and magnetic fields is most common.

On the basis of application, the energy harvesting market is segmented as: wireless sensor network (WSN), consumer electronics, industrial, building, bicycle dynamo, military & aerospace, automotive, healthcare and others (research, animals, farming, etc.). Among these, consumer electronics including mobile phones, wrist watches, calculators, piezoelectric gas lighters etc., cover the maximum share of the global energy harvesting market. This is followed by military & aerospace-based applications of energy harvesting. However, building and home automation is the fastest growing application in the energy harvesting sector. Also, energy harvesting is an integral part in a wireless sensor network these days. On the basis of geography, the energy harvesting market is segmented into North America, Latin America, Asia Pacific, Japan, Western Europe, Eastern Europe and the Middle East & Africa. Among these, Europe is the fastest growing market, followed by North America, APAC and other regions. In North America, the U.S. accounts for the maximum share; whereas, in APAC, Japan accounts for the largest market share of the energy harvesting market. The global energy harvesting market is expected to grow at a double-digit CAGR over the next six years.

Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-58

Some prominent players in the energy harvesting market global waste to energy market include:, ABB Limited, Arveni, Enocean, Fujitsu, Green Peak Technologies, Honeywell International, Inc., Levant Power Corporation, Marlow Industries, Inc., Microchip Technology, Inc., MicroGen Systems, Maxim Integrated, G24 Innovations Limited, Texas Instruments Incorporated, ST Microelectronics, Silicon Laboratories, Inc., Siemens AG, POWERleap, Inc., Schneider Electric, Linear Technology, Microstrain and Micropelt. Besides these companies, engineers and researchers from various universities and research centres such as the University of Washington in Seattle have been actively engaged in research and development work for the updated and efficient technologies to be mapped with energy harvesting solutions. These researches can also be helpful to overcome the constraints associated with the energy harvesting industry at a global level.

Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends.

Contact

Mr. Sudip Saha

3rd Floor,
207 Regent Street,
London - W1B 3HH
United Kingdom
T: + 44 (0) 20 7692 8790
D: +44 (0) 20 3287 4268
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

Comments (0)

Add comment

Comment