Global Technologies and Devices For Energy Harvesting market report published by Accurize Market Research forecast that the global market is expected to reach $19 billion by 2025; growing at a CAGR of 43.1% from 2017 to 2025. By geography, Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
Increasing demand for innovative technologies for energy harvesting across the globe to drive the growth of the market
Increasing demand for innovative technologies for energy harvesting fuels the demand for the global technologies and devices for energy harvesting market. Furthermore, government support and supervision for energy projects in several countries also boosts the growth of the market.
The global technologies and devices for energy harvesting market have been bifurcated on the basis of energy source, application, and geography. By energy source, the segmentation is given as solar & photovoltaic, thermal, vibration, displacement, and mechanical sources, radiation &electromagnetic and chemical. Further, telecommunications, building, construction, and home automation, energy exploration, generation and distribution, environment and agriculture, industrial, automotive, defense, retail and logistics and medical are covered under application segment. By geography the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW).
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Top players in the market
The key market players include Advanced Cerametrics Inc., Advanced Linear Devices Inc., Ambient Micro, Arveni, Bae Systems, Citizen Watch Co. Ltd., Cymbet Corp., Digi International Inc., Emerson Electric Co., and Enocean Gmbh, among others.