According to a market report by Lucintel, the future of the energy harvesting system market looks promising with opportunities in the building and home automation, consumer electronics, industrial, transportation, and security industries. The energy harvesting system market is expected to grow with a CAGR of 10% from 2019 to 2024. The major growth drivers for this market are growing demand for safe, power-efficient, and durable systems that require minimum or no maintenance, extensive implementation of IoT devices in automation and energy harvesting technology, increasing trend for green energy, and favorable initiatives by the governments.
Light, vibration, thermal, and RF energy harvesting are the major technologies in this market. Within the energy harvesting system market, building and home automation, consumer electronics, industrial, transportation, and security are the major end use industries. However, transducers, PMICs, and secondary batteries are the major component types of the energy harvesting system market.
ABB, Advanced Linear Devices, Arveni, Bionic Power,ST microelectronics, Cymbet Corporation, Cypress Semiconductor Corporation, Enocean, Microchip Technology, and Fujitsu are among the major suppliers of energy harvesting system.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the energy harvesting system market by technology, end use industry, component, and region. Lucintel has prepared a comprehensive research report entitled “Energy Harvesting System Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the energy harvesting system market by technology, end use industry, component, and region as follows:
By Technology [$M shipment analysis for 2013 – 2024]:
• Light Energy Harvesting
• Vibration Energy Harvesting
• Thermal Energy Harvesting
• RF Energy Harvesting
By Component [$M shipment analysis for 2013 – 2024]:
• Transducers
• PMICs
• Secondary Batteries
By End Use Industry [$M shipment analysis for 2013 – 2024]:
• Building & Home Automation
• Consumer Electronics
• Industrial
• Transportation
• Security
By Region [$M shipment analysis for 2013 – 2024]:
• North America
– United States
– Canada
– Mexico
• Europe
– Germany
– UK
– Italy
• Asia Pacific
– China
– Japan
– India
• Rest of the World

A more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the energy harvesting system market by technology (light energy harvesting, vibration energy harvesting, thermal energy harvesting, and RF energy harvesting), component (transducers, PMICs, and secondary batteries), end use industry (building & home automation, consumer electronics, industrial, transportation, and security), and region (North America, Europe, APAC, and ROW)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the energy harvesting system market?
Q.5 What are the business risks and threats to the energy harvesting system market?
Q.6 What are emerging trends in this energy harvesting system market and the reasons behind them?
Q.7 What are some changing demands of customers in the energy harvesting system market?
Q.8 What are the new developments in the energy harvesting system market? Which companies are leading these developments?
Q.9 Who are the major players in this energy harvesting system market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this energy harvesting system area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this energy harvesting system market?