The global energy harvesting system market is driven by factors such as excessive demand for durable, safe and power-efficient systems that necessitate the least amount of maintenance along with increasing initiatives undertaken by government authorities towards green energy.

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The market for energy harvesting system market is primarily driven by the exaggerating emphasis on energy harvesting from various sources such as wind, solar and thermal power along with excessive efforts from various government organizations to drive the utilization of renewable energy sources. The increasing procedures for diminishing of carbon footprints worldwide is another factor pertaining to the growth of global energy harvesting system market.

Europe accounted for the major share in the Energy Harvesting System industry in 2017, globally as growth of energy harvesting system market in this region is attributed towards widespread adoption of this system in automotive domain for the establishment of both commercials as well as passengers’ car segment.

The key players operating in the energy harvesting system market include Fujitsu Group, Arveni, Cymbet Corporation, Convergence Wireless, Powercast Corporation, Honeywell International Inc., Texas Instruments Incorporated, STMicroelectronics N.V., ABB Ltd., Bionic Power, Inc., Energy Partners, Yantra Harvest Energy Private Limited, and EnOcean GmbH.

Source: VynZ Research