"Actionable Insights to Fuel Your Growth"

Energy Harvesting System Market Size, Share and Global Trend By Technology (Light Energy Harvesting, Vibration Energy Harvesting, Thermal Energy Harvesting, Radio Frequency Energy Harvesting), By Application (Consumer Electronics, Building & Home Automation, Transportation, Industrial, Others) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI101362 | Status : Ongoing



Energy harvesting systems are the systems which use the unused naturally formed energy to produce electricity using various technologies. The stored energy is converted into electricity, which enables the power to be used later for multiple applications. The safe operation, low maintenance, and deployment in harsh conditions in which batteries can’t be used are the main advantages of the energy harvesting devices. In recent years the technological advancements have led to the invention of new wearable electronics where energy harvesting devices can recharge or power cell phones, radio communication equipment, mobile computers, etc.

The increased adoption of wireless sensor networking and internet of things(IoT) for control systems and home automation which implement sensors and energy harvesting devices have positively affected the growth of global energy harvesting system market. Increased adoption of renewable sources has been the major factor driving the growth of global energy harvesting systems. The steps taken by various countries to reduce the carbon footprints and greenhouse gas emissions has led to increased adoption of renewable sources of energy.

To gain extensive insights into the market, Request for Customization

Solar and wind energy are the most adopted amongst the available sources and energy harvesting systems market has also gained pace with increased use of these. Energy harvesting systems are being now adopted in various sectors such as automotive, aerospace, wireless sensor network, military, consumer electronics, industrial, building, bicycle dynamo, healthcare, and others.

On the basis of technology, the global energy harvesting system market is broadly classified into light energy harvesting, vibration energy harvesting, thermal energy harvesting, and radiofrequency energy harvesting. The growing adoption of solar due to abundant availability of sunlight has seen the light energy harvesting system hold a larger market share during the forecast period.

On the basis of its application, the global energy harvesting system market can be segmented into consumer electronics, building, and home automation, transportation, industrial, and others. The consumer electronics and the building and home automation segments have witnessed a significant growth in the market owing to the increased awareness regarding energy conservation.

The increasing adoption of renewable sources of energy such as solar, wind, tidal, ocean, and others is the key factor driving the growth of global energy harvesting system market. The government support to reduce the carbon footprints and increased adoption in home appliances are also driving the growth of the global energy harvesting system market.  

The high upfront cost indulged in manufacturing of the energy harvesting systems acts as a key market restraint for the global energy harvesting system market. Also, the lack of consumer awareness and technical expertise regarding the energy harvesting systems hinder the growth of global energy harvesting system market.

Key Players Covered

The key players in the global energy harvesting system market are EnOcean, Power Costs, Inc, Cymbet Corporation, GE, Linear Technology, Convergence Inc., Mide Technology Corporation, Microchip Technology Inc., ABB, Fujitsu Global, STMicroelectronics, Honeywell, Texas Instruments, LORD Corporation, Cypress Semiconductor Corporation, and GreenPeak Technologies.    




By Technology

  • Light Energy Harvesting

  • Vibration Energy Harvesting

  • Thermal Energy Harvesting

  • Radio Frequency Energy Harvesting

By Application

  • Consumer Electronics

  • Building & Home Automation

  • Transportation

  • Industrial

  • Others

By Geography

  • North America (the USA and Canada)

  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico and Rest of Latin America)

  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)


Regional Analysis

The global energy harvesting system market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The North America region holds the largest market share in the global energy harvesting system market. The USA has been the dominant country in the region owing to the increased adoption of energy harvesting systems in the building and home appliances. The energy generation using renewable sources has also grown in the region. There has also been growth in the industrial and automotive sector in the country. These all factors collectively haves seen the USA emerge as the largest market for the energy harvesting systems. The increased adoption of solar, specifically in Europe, has added to the growth of the energy harvesting system market. The government initiatives to reduce the carbon emissions and increased adoption in consumer electronics have been the driving factor for the growth of the energy harvesting system market in the Asia Pacific region. Latin America and the Middle East region will see moderate growth in the energy harvesting system market with the adoption of renewables sources energy.

Key Industry Developments

  • In June 2019, Huawei announced about the combination of its NB-IoT device SoC with a new semiconductor company based in the Netherlands named NOWI which is pioneered novel energy harvesting technology. The combination of Huawei’s NB-IoT and NOWI’s PMIC has enabled the formation of new IoT applications which require zero maintenance and zero power supply. 

  • In July 2019, In India, a team from Tata Institute of Fundamental Research rearranged the gaps and size between gold nanoparticles giving rise to a new material named black gold. This new material can be used for absorbing light and CO2. It can also be used for applications ranging from solar energy harvesting to desalinating seawater.

  • In July 2019, Samsung announced the invention of smart clothing which has an inbuilt energy harvester that gains power from solar light and body heat. The smart clothing can primarily act as a source of power for accessories like smart glasses and even your smartphone. Wearing this smart clothing a simple jog in the park would be enough to create power for your smartphone.

  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Energy & Power Clients

The Japan Research

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.