Report Scope:
The report presents forecasts for energy harvesters for 2023 through 2028, with a base year of 2022, on a value basis. Market forecasts in terms of value are presented in U.S. dollars. It is important to note that energy harvesters can power wireless sensor nodes, which will ship by billions in the future. Energy harvesters will power several additional device categories that will not be as prolific in number as wireless nodes but will also experience tremendous growth.
Energy harvesting for this report is restricted to non-grid-connected applications and excludes power plants that use solar, wind and hydroelectric sources.
The forecasts are further broken down by energy source, end application and region. The report covers the following energy sources -
- Solar and photovoltaic.
- Thermal.
- Vibration, displacement and mechanical (including biomechanical and electrostatic, also occasionally referred to simply as mechanical).
- Radiation and electromagnetic.
- Chemical.
End-use application categories include -
- Telecommunications.
- Building, construction and home automation.
- Energy exploration, generation and distribution.
- Environment and agriculture.
- Industrial and automotive.
- Defense.
- Retail and logistics.
- Medical.
The regional breakdown focuses on the following regions -
- Americas.
- Asia-Pacific (APAC).
- Europe, the Middle East and Africa (EMEA).
The Summary and Highlights chapter provides a regional breakdown of the market value for energy harvesters. The Market Introduction chapter introduces energy harvesting and its definition, history, drivers and challenges. It also provides an overview of the larger market and breaks it down by the key characteristics of principal energy sources and application categories.
The Market Breakdown by Energy Source and the Market Breakdown by Application chapters provide an in-depth picture of energy harvester business opportunities. In terms of value, the energy harvester market is broken down by energy source and then by application category. The market for each energy source is in turn broken down by end-use application category. The market for each application category is in turn broken down by energy source and region.
The Competitive Landscape chapter and the Company Profiles chapters identify the major categories of stakeholders involved in the development and commercialization of energy harvester technology. The Patent Analysis chapter covers innovations that impact energy harvesters. Patents are categorized by energy sources and areas of value, and they are analyzed based on years of issue, assignee countries and assignee organizations.
Report Includes:
- 37 data tables and 18 additional tables
- An up-to-date overview and analysis of the global markets for energy harvesting devices and technologies
- Analyses of the global market trends, with historic market revenue data (sales figures) for 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028
- Estimation of the actual market size and revenue forecast for the global energy harvesting market in USD million values, and corresponding market share analysis based on the energy source, application, and region
- Discussion of the major growth drivers, opportunities and challenges, technology updates, and the impact of macroeconomic variables influencing the market for energy harvesters as a basis for projecting demand in the next few years (2023-2028)
- Review of the key patent grants and recent patent applications on energy harvesting technologies, with emphasis on emerging/upcoming technologies and new developments within the industry
- Insight into the industry structure for energy harvesters, competitive aspects of each product segments, increasing R&D investments, market growth strategies, and company revenue share analysis
- Identification of the major market players, their global rankings, and analysis of the competitive landscape based on recent developments and segmental revenues
- Descriptive company profiles of the leading global players, including BAE Systems, EnOcean (Siemens), Emerson, Honeywell Intl., Laird PLC, Texas Instruments Inc., and Textron Inc.
Summary:
The energy harvesting market refers to the industry involved in manufacturing energy harvesting devices. The energy harvesting sources include the following: thermal, solar and photovoltaic; vibration, displacement and mechanical; radiation and electromagnetic; and chemical energy. This market has grown in importance in recent years due to the increasing demand for power-efficient energy devices and the growing use of IoT in different industrial applications.
Energy harvesting, also known as energy scavenging or power harvesting, is a growing market for the conversion of waste energy, i.e., energy that is otherwise wasted in the form of heat. Energy harvesting technologies convert waste heat from various sources, store the converted energy in small and wireless autonomous devices, and use it in wireless sensor networks and other applications.
The energy harvesting concept is decades old and dates to the waterwheel and windmill, for which people have sought ways to store the generated energy. With the increase in power consumption around the world, many companies and research institutions are developing technologies to convert waste heat back to energy and increase the efficiency of energy usage. The earliest application for energy harvesting was the collection of ambient power from electromagnetic radiation (EMR) for use in radio.
Increasing demand for energy-efficient solutions and rising investments in renewable energy sources are some of the major factors driving the market. Additionally, governments across the world are encouraging the adoption of energy harvesting systems for various applications, such as buildings, transportation, manufacturing and consumer electronics. This is further expected to drive the market growth.
Furthermore, the growing demand for wireless IoT applications and the increasing adoption of self-powered sensors are some of the other factors likely to support the market growth. However, high costs associated with energy harvesting systems and lack of awareness regarding their benefits are some of the major factors restraining the market growth.
The market growth can be attributed to the rising awareness of the need to reduce carbon footprints and energy costs. Other factors driving the market growth include the increasing penetration of Internet of Things (IoT) connected devices, growing demand for smart cities and increasing investments in renewable energy sources. In addition, technological advancements, such as the development of energy harvesting solutions such as solar energy, wind energy and other forms of kinetic energy, are expected to further boost the growth of the market.
The global energy harvesting market was valued at $REDACTED billion in 2022 and is expected to reach $REDACTED billion by the end of 2028, growing at a CAGR of REDACTED%. This is due to the increasing demand for green energy, increasing use of the IoT and favorable initiatives by the government.
This report divides the global market for energy harvesting into three segments: energy source, application and region. Based on the energy source, the energy harvesting market is segmented into thermal, solar, photovoltaics, vibration, displacement and mechanical, radiation and electromagnetic, and chemical energy. The thermal segment dominated the market in 2022 and is expected to lead the market in the coming years.
Based on application, the global market for energy harvesting is segmented into retail and logistics; building, construction and home automation; automotive; defense; medical; environment and agriculture; telecommunications; energy exploration, generation and distribution; and industrial (manufacturing). The automotive segment is leading the market in 2022 and is expected to hold the dominant position during the forecast period as well.
Global Markets, Technologies and Devices for Energy Harvesting
Table of Contents
Chapter 1 Introduction
Overview
Study Goals and Objectives
Reasons for Doing This Study
What's New in This Update?
Scope of Report
Intended Audience
Research Methodology
Information Sources
Geographic Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Summary and Highlights
Market Overview
Chapter 3 Market Overview
Introduction
Definition of Energy Harvesting
Principal Objective of Energy Harvesting
Mechanics of Energy Conversion
Energy Capture and Conversion
Energy Storage and Management
Chapter 4 Market Dynamics
Overview
Market Drivers
High Efficiency and Significant Cost Reductions in Solar and PV Systems
Carbon Footprint Reduction
Growing Implementation of Internet of Things (IoT)
Increased Awareness
Improvements in Transducer Materials
Miniaturization of Energy Harvester Circuitry
Improvements in Heat and Temperature Resistance
Abundance of Sources
Market Challenges
Damage to Energy Harvesting Devices Due to Climate Conditions
Low Energy Extraction and Storage
Porter's Five Forces Analysis
SWOT Analysis
Impact of COVID-19 on Global Market for Energy Harvesting
Impact of the Russia-Ukraine War on the Energy Harvesting Industry
Climate Policies and Regulation
Value Chain Analysis
Energy-Conversion Specialists
Power Management Circuit Developers
Device Manufacturers/OEMs
Academic and Research Institutions
Chapter 5 Market by Energy Source
Overview
Thermal
Market Size and Forecast
Vibration, Displacement and Mechanical Sources (Including Biomechanical and Electrostatic)
Market Size and Forecast
Solar and Photovoltaic
Market Size and Forecast
Radiation and Electromagnetic
Market Size and Forecast
Chemical
Market Size and Forecast
Chapter 6 Market by Application
Overview
Automotive
Key Applications
Market Size and Forecast
Building, Construction and Home Automation
Key End Uses
Market Size and Forecast
Defense
Key Applications
Market Size and Forecast
Medical
Key Applications
Market Size and Forecast
Environment and Agriculture
Key Applications
Market Size and Forecast
Telecommunications
Key End Uses
Market Size and Forecast
Retail and Logistics
Key Applications
Market Size and Forecast
Energy Exploration, Generation and Distribution
Key Applications
Market Size and Forecast
Industrial
Key Applications
Market Size and Forecast
Chapter 7 Market by Region
Overview
Americas Market for Energy Harvesting
Asia-Pacific Market for Energy Harvesting
EMEA Market for Energy Harvesting
Chapter 8 Emerging Technologies and Developments
Overview
Flexible Piezoelectric Generators
Wearable Thermoelectric Generators (TEGs)
Use of Sensors in Wearables
Growing Focus on Green Energy
Role of Wireless Sensors
Power Management in Wireless Sensors
Waveforms and Standards
IEEE 802.15.4 Standard
Recent Developments
Chapter 9 Patent Analysis
Introduction
Trends by Category
Biological Energy Harvesters
Chemical or Electrolytic Energy Harvesters
Communication Techniques Employed by Devices Powered with Energy Harvesting
Electrical Energy Harvesters
Energy Harvester-Based Sensor Development and Component Assembly
Energy Harvester Material Development and Processing
Energy Harvester Power Management
Hydraulic, Ocean and Fluid Flow Energy Harvesters
Kinetic Energy Harvesters
Mechanical and Vibration Energy Harvesters
Photovoltaic Solar Light Energy Harvesters
Piezoelectric Energy Harvesters
Radiation/Electromagnetic Energy Harvesters
Thermal Energy Harvesters
Trends by Year
Trends by Country
Trends by Assignee
Chapter 10 Competitive Intelligence
Overview
Ranking of Top Companies
List of Market Players
Chapter 11 Company Profiles
ADVANCED LINEAR DEVICES INC.
AMBIENT MICRO
ANALOG DEVICES INC.
ARVENI
BAE SYSTEMS
CITIZEN WATCH CO., LTD.
CYMBET CORP.
DIGI INTERNATIONAL INC.
EMERSON ELECTRIC CO.
ENOCEAN GMBH
ENVISION SOLAR
EUROSUISSE INTERNATIONAL LTD.
FERRO SOLUTIONS
FREESCALE (NXP SEMICONDUCTORS)
FUTURE ELECTRONICS
G24 POWER LTD.
GAS SENSING SOLUTIONS LTD.
HONEYWELL INTERNATIONAL INC.
IXYS/LITTLEFUSE INC.
KCF TECHNOLOGIES
KINETRON
LAIRD PLC
LEVITON MANUFACTURING CO. INC.
LUMEDYNE TECHNOLOGIES
MARLOW INDUSTRIES
MICROPELT
MICROSEMI CORP.
MICROSTRAIN INC.
MIDE TECHNOLOGY CORP.
MOOG INC.
MORGAN TECHNICAL CERAMICS
PERPETUA POWER SOURCE TECHNOLOGIES INC.
PERPETUUM LTD.
PHONONIC INC.
POWERFILM SOLAR INC.
POWERCAST CORP.
SEIKO WATCH CORP.
SIEMENS AG
SMART MATERIAL CORP.
SOLARONIX SA
STMICROELECTRONICS
TELLUREX CORP.
TEXAS INSTRUMENTS INC. (TI)
TEXTRON INC.
THALES GROUP
TRANSENSE TECHNOLOGIES PLC
QORVO INC.
Chapter 12 Appendix: Acronyms
List of Tables
Summary Table : Global Market for Energy Harvesters, by Region, Through 2028
Table 1 : Impact of Market Dynamics
Table 2 : Policy Changes for Renewable Energy Generation Targets
Table 3 : GHG Reduction Targets, by Country or Region, 2020
Table 4 : CO2 Emissions from Fossil Fuels, by Country, 2020
Table 5 : Efficiency of Different Energy Harvesting Sources
Table 6 : Global Market for Energy Harvesting, by Energy Source, Through 2028
Table 7 : Global Market for Thermal Energy Harvesting, by Application, Through 2028
Table 8 : Global Market for Thermal Energy Harvesting, by Region, Through 2028
Table 9 : Global Market for Vibration, Displacement and Mechanical Energy Harvesting, by Application, Through 2028
Table 10 : Global Market for Vibration, Displacement and Mechanical Energy Harvesting, by Region, Through 2028
Table 11 : Global Market for Renewable Energy, by Technology, 2021 and 2022
Table 12 : Global Market for Solar and Photovoltaic Energy Harvesting, by Application, Through 2028
Table 13 : Global Market for Solar and Photovoltaic Energy Harvesting, by Region, Through 2028
Table 14 : Global Market for Radiation and Electromagnetic Energy Harvesting, by Application, Through 2028
Table 15 : Global Market for Radiation and Electromagnetic Energy Harvesting, by Region, Through 2028
Table 16 : Global Market for Chemical Energy Harvesting, by Application, Through 2028
Table 17 : Global Market for Chemical Energy Harvesting, by Region, Through 2028
Table 18 : Global Market for Energy Harvesting, by Application, Through 2028
Table 19 : Global Market for Energy Harvesters Used in Automotive Applications, by Region, Through 2028
Table 20 : IoT Applications with Energy Harvesting Technology for Building, Construction and Home Automation
Table 21 : Global Market for Energy Harvesting in Building, Construction and Home Automation, by Region, Through 2028
Table 22 : Global Market for Energy Harvesters used in Defense, by Region, Through 2028
Table 23 : Global Market for Energy Harvesting in Medical Applications, by Region, Through 2028
Table 24 : IoT Applications with Energy Harvesting Technology for Environment and Agriculture
Table 25 : Global Market for Energy Harvesting in Environment and Agriculture, by Region, Through 2028
Table 26 : Global Market for Energy Harvesting in Telecommunications, by Region, Through 2028
Table 27 : Global Market for Energy Harvesting in Retail and Logistics, by Region, Through 2028
Table 28 : Global Market for Energy Harvesting in Energy Exploration, Generation and Distribution, by Region, Through 2028
Table 29 : Global Market for Energy Harvesting in Industrial Application, by Region, Through 2028
Table 30 : Global Market for Energy Harvesting, by Region, Through 2028
Table 31 : Americas Market for Energy Harvesting, by Application, Through 2028
Table 32 : Americas Market for Energy Harvesting, by Energy Source, Through 2028
Table 33 : Americas Market for Energy Harvesting, by Country, Through 2028
Table 34 : Asia-Pacific Market for Energy Harvesting, by Application, Through 2028
Table 35 : Asia-Pacific Market for Energy Harvesting, by Energy Source, Through 2028
Table 36 : Asia-Pacific Market for Energy Harvesting, by Country, Through 2028
Table 37 : EMEA Market for Energy Harvesting, by Application, Through 2028
Table 38 : EMEA Market for Energy Harvesting, by Energy Source, Through 2028
Table 39 : EMEA Market for Energy Harvesting, by Country, Through 2028
Table 40 : Assignees with Three or More U.S. Patents on Energy Harvesting Technologies, 1976-May 2018
Table 41 : Energy Harvesting Technologies, BAE Systems
Table 42 : Energy Harvesting Technologies, Boeing
Table 43 : Energy Harvesting Technologies, EnOcean
Table 44 : Energy Harvesting Technologies, Honeywell Corp.
Table 45 : Energy Harvesting Technologies, Intel Corp.
Table 46 : Energy Harvesting Technologies, Lockheed Martin
Table 47 : Energy Harvesting Technologies, Halliburton Energy Services Inc.
Table 48 : Energy Harvesting Technologies, Microstrain Inc.
Table 49 : Energy Harvesting Technologies, Schlumberger Technology
Table 50 : Energy Harvesting Technologies, Texas Instruments Inc.
Table 51 : Energy Harvesting Technologies, Veryst Engineering LLC
Table 52 : Ranking of Top Companies: Global Energy Harvesting Market
Table 53 : List of Market Players: Global Energy Harvesting Market
Table 54 : Acronyms Used in the Global Energy Harvesting Market
List of Figures
Summary Figure : Global Market Shares of Energy Harvesters, by Region, 2022
Figure 1 : Five Blocks of Energy Harvesting System
Figure 2 : Energy Harvesting Workflow
Figure 3 : Mechanism of Energy Harvesting Techniques
Figure 4 : Architecture of Energy Harvesting Devices for Storage
Figure 5 : Architecture of Energy Harvesting Devices for Direct Use
Figure 6 : Global Number of IoT Connected Devices, 2022-2028
Figure 7 : Porter's Five Forces Analysis: Market for Energy Harvesting
Figure 8 : Market for Energy Harvesting: SWOT Analysis
Figure 9 : Impact of COVID-19 on the Market for Energy Harvesting
Figure 10 : Global Crude Oil Price Trends, 2015-2023
Figure 11 : Annual CO2 Emissions, by Fossil Fuels, 2015-2021
Figure 12 : Market for Energy Harvesting: Value Chain Analysis
Figure 13 : Global Market Shares of Energy Harvesting, by Energy Source, 2022
Figure 14 : Global Market Shares of Energy Harvesting, by Energy Source, 2028
Figure 15 : Global Market Shares of Thermal Energy Harvesting, by Application, 2022
Figure 16 : Global Market Shares of Thermal Energy Harvesting, by Application, 2028
Figure 17 : Global Market Shares of Thermal Energy Harvesting, by Region, 2022
Figure 18 : Global Market Shares of Thermal Energy Harvesting, by Region, 2028
Figure 19 : Global Market Shares of Vibration, Displacement and Mechanical Energy Harvesting, by Application, 2022
Figure 20 : Global Market Shares of Vibration, Displacement and Mechanical Energy Harvesting, by Application, 2028
Figure 21 : Global Market Shares of Vibration, Displacement and Mechanical Energy Harvesting, by Region, 2022
Figure 22 : Global Market Shares of Vibration, Displacement and Mechanical Energy Harvesting, by Region, 2028
Figure 23 : Global Market Shares of Solar and Photovoltaic Energy Harvesting, by Application, 2022
Figure 24 : Global Market Shares of Solar and Photovoltaic Energy Harvesting, by Application, 2028
Figure 25 : Global Market Shares of Solar and Photovoltaic Energy Harvesting, by Region, 2022
Figure 26 : Global Market Shares of Solar and Photovoltaic Energy Harvesting, by Region, 2028
Figure 27 : Global Market Shares of Radiation and Electromagnetic Energy Harvesting, by Application, 2022
Figure 28 : Global Market Shares of Radiation and Electromagnetic Energy Harvesting, by Application, 2028
Figure 29 : Global Market Shares of Radiation and Electromagnetic Energy Harvesting, by Region, 2022
Figure 30 : Global Market Shares of Radiation and Electromagnetic Energy Harvesting, by Region, 2028
Figure 31 : Global Market Shares of Chemical Energy Harvesting, by Application, 2022
Figure 32 : Global Market Shares of Chemical Energy Harvesting, by Application, 2028
Figure 33 : Global Market Shares of Chemical Energy Harvesting, by Region, 2022
Figure 34 : Global Market Shares of Chemical Energy Harvesting, by Region, 2028
Figure 35 : Global Market Shares of Energy Harvesting, by Application, 2022
Figure 36 : Global Market Shares of Energy Harvesting, by Application, 2028
Figure 37 : Global Market Shares of Energy Harvesters Used in Automotive Applications, by Region, 2022 and 2028
Figure 38 : Global Market Shares of Energy Harvesting in Building, Construction and Home Automation, by Region, 2022 and 2028
Figure 39 : Global Market Shares of Energy Harvesters Used in Defense, by Region, 2022 and 2028
Figure 40 : Global Market Shares of Energy Harvesters Used in Medical Applications, by Region, 2022 and 2028
Figure 41 : Global Market Shares of Energy Harvesting in Environment and Agriculture, by Region, 2022 and 2028
Figure 42 : Global Market Shares of Energy Harvesting in Telecommunications, by Region, 2022 and 2028
Figure 43 : Global Market Shares of Energy Harvesters Used in Retail and Logistics, by Region, 2022 and 2028
Figure 44 : Global Market Shares of Energy Harvesting in Energy Exploration, Generation and Distribution, by Region, 2022 and 2028
Figure 45 : Global Market Shares of Energy Harvesting in Industrial Application, by Region, 2022 and 2028
Figure 46 : Global Market Shares of Energy Harvesting, by Region, 2022
Figure 47 : Global Market Shares of Energy Harvesting, by Region, 2028
Figure 48 : Americas Market for Energy Harvesting, 2022-2028
Figure 49 : Americas Market Shares of Energy Harvesting, by Application, 2022
Figure 50 : Americas Market Shares of Energy Harvesting, by Application, 2028
Figure 51 : Americas Market Shares of Energy Harvesting, by Energy Source, 2022
Figure 52 : Americas Market Shares of Energy Harvesting, by Energy Source, 2028
Figure 53 : Americas Market Shares of Energy Harvesting, by Country, 2022
Figure 54 : Americas Market Shares of Energy Harvesting, by Country, 2028
Figure 55 : Asia-Pacific Market for Energy Harvesting, 2022-2028
Figure 56 : Asia-Pacific Market Shares of Energy Harvesting, by Application, 2022
Figure 57 : Asia-Pacific Market Shares of Energy Harvesting, by Application, 2028
Figure 58 : Asia-Pacific Market Shares of Energy Harvesting, by Energy Source, 2022
Figure 59 : Asia-Pacific Market Shares of Energy Harvesting, by Energy Source, 2028
Figure 60 : Asia-Pacific Market Shares of Energy Harvesting, by Country, 2022
Figure 61 : Asia-Pacific Market Shares of Energy Harvesting, by Country, 2028
Figure 62 : EMEA Market for Energy Harvesting, 2022-2028
Figure 63 : EMEA Market Shares of Energy Harvesting, by Application, 2022
Figure 64 : EMEA Market Shares of Energy Harvesting, by Application, 2028
Figure 65 : EMEA Market Shares of Energy Harvesting, by Energy Source, 2022
Figure 66 : EMEA Market Shares of Energy Harvesting, by Energy Source, 2028
Figure 67 : EMEA Market Shares of Energy Harvesting, by Country, 2022
Figure 68 : EMEA Market Shares of Energy Harvesting, by Country, 2028
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