30 likes | 44 Views
The Energy Harvesting System Market is expected to witness high growth during the forecast period. The overall market is expected to grow from USD 311.2 Million in 2016 to USD 645.8 Million by 2023, at a CAGR of 10.62% between 2017 and 2023
E N D
Energy Harvesting Market Growth, Structure, Manufacturing, Analysis and Forecasts 2023 “The Energy Harvesting System Market is expected to witness high growth during the forecast period. The overall market is expected to grow from USD 311.2 Million in 2016 to USD 645.8 Million by 2023, at a CAGR of 10.62% between 2017 and 2023.” The Energy Harvesting System Market is expected to witness high growth during the forecast period. The overall market is expected to grow from USD 311.2 Million in 2016 to USD 645.8 Million by 2023, at a CAGR of 10.62% between 2017 and 2023. The base year considered for the study is 2016, and the forecast period provided is between 2017 and 2023. The objective of the report is to provide a detailed analysis of the market based on technology, component, application, and region; information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges); and a detailed value chain analysis. Moreover, the objective of this report is to strategically profile the key players and competitive landscape for market players and provide information on product launches, acquisitions, partnerships, agreements, contracts, and collaborations in the energy harvesting system market. The research methodology used to estimate and forecast the size of the energy harvesting system market begins with obtaining data on key vendor revenues through secondary research. Some of the secondary sources used in this research include information from various journals and databases such as IEEE journals, Factiva, Hoover’s, and OneSource. The vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall market size for energy harvesting system from the revenue of the key players. This data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The analysis of the energy harvesting system market includes extensive primary research to gather information, verify, and validate critical conclusions arrived at after an extensive secondary research. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=734
After arriving at the overall market size, the total market has been split into several segments and subsegments. The following illustration shows the breakdown of primaries conducted during the research study on the basis of company type, designation, and region. The market for the building and home automation application to grow at the highest rate during the forecast period The energy harvesting system market for the building and home automation application is likely to grow at the highest rate during the forecast period owing to the increasing adoption in the Americas and Europe of energy harvesting devices in building and home automation applications. Transducers and secondary batteries to hold a larger share of the energy harvesting system market by 2023 Transducers and secondary batteries are expected to contribute significantly in energy harvesting system market owing to the increasing adoption of transducer devices such as photovoltaic cells and piezoelectric devices to generate energy for low-power devices. The devices are largely used in building and home automation applications to power devices such as occupancy sensors, smoke detectors, heaters, lighting control devices, switches, and gateways. Request Sample Copy of this Market Research @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=734 The energy harvesting system market in the Americas to grow at the highest rate The market in the Americas is expected to grow at the highest CAGR during the forecast period. The high growth can be attributed to the increasing penetration of building automation in the Americas is increasing in new construction projects that are accepting renewable energy as the power source for low- power electronic devices. The report also profiles the most promising players in this market. The competitive landscape of the market presents an interesting picture where a large number of players have become a force to reckon with. The key players in this market are EnOcean GmbH (Germany), Mide Technology Corporation (US), Lord Microstrain (US); secondary battery and capacitor providers such as Cymbet Corporation (US), Linear Technologies (US), Murata Manufacturing Co. Ltd., (Japan), and Infinite Power Solution Inc. (US); power management IC manufacturers such as Linear Technologies (US), Cypress Semiconductor Corp. (US), STMicroelectronics (Switzerland), Texas Instruments (US), and Fujitsu (Japan).
About MarketsandMarkets MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 stomers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Contact: Mr. Shelly Singh MarketsandMarkets INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email:sales@marketsandmarkets.com