Energy Harvesting Market

Date: 2016-05

Energy harvesting is a process through which energy derived, stored and managed to be used for viable purposes. It is defined as the process of converting ambient energy into electrical energy. This ambient energy can be used during demand hours, to supply power to off-grid remote areas. Energy is harvested from low-grade ambient energy, or other wasted energy sources. These sources include pressure gradients, thermal gradients, environmental vibrations and human power among others. This technology can be used as an alternate source to feed a primary power source thus increasing the reliability of the system when the demand exceeds the supply. For this some form of energy storage devices are needed to match the demand and supply during peak hours and demand hours. The main goal of energy harvesting is not generation of large scale electricity, but to capture small amount of energy that is wasted in industrial operations.

New innovations have increased the efficiency of these energy harvesting devices by capturing even small amount of energy and converting it into electrical energy. Increased utilization of renewable energy sources for power generation has increased the demand for energy storage devices. However, the high cost of these systems may restrain the market in developing nations.

This report identifies the global energy harvesting market size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to global Energy Harvesting market.

Geographically increasing need for electricity in Europe is driving the market for energy harvesting. Urbanization and industrialization in developing countries of Asia Pacific are estimated to drive the growth in this region. Asia-Pacific is estimated to witness the highest growth during the forecast period and Europe is estimated to hold the highest share in energy harvesting market.

This report segments global Energy Harvesting market on the basis of technology, application, and regional market as follows:

Global Energy Harvesting Market, by Technology: Light, Vibration, Electromagnetic, and Thermal
Global Energy Harvesting Market, by Application: Building & Home Automation, Consumer Electronics, Industrial, Transportation, Security
This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region.

This report identifies all the major companies operating in the global Energy Harvesting market. Some of the major companies’ profiles in detail are as follows:

ABB Limited
Enocean GmbH
Fujitsu Limited
Greenpeak Technologies B.V.
Honeywell International Inc.

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