TMCnet News
Energy Harvesting Devices Market: 15.92% Y-O-Y Growth Rate| Segmentation by Technology (thermoelectric, piezoelectric, photovoltaic, electrodynamic, and others), Application, and Geography | TechnavioNEW YORK, June 22, 2022 /PRNewswire/ -- The Energy Harvesting Devices Market size is expected to increase by USD 595.34 million, at a CAGR of 17% according to the recent market study by Technavio. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenarios, future market trends, market size & estimations, and major investment pockets.
Download Sample: for more additional information about the Energy Harvesting Devices Market Energy Harvesting Devices Market Facts at a Glance-
Do reach out to our analysts for more customized reports as per your requirements. Buy Now!
Vendor Insights- The energy harvesting devices market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
Find additional highlights on the vendors and their product offerings. Click here for a sample report Regional Market Outlook 34% of the market's growth will originate from Europe during the forecast period. Germany, UK, and The Netherlands are the key markets for energy harvesting devices in Europe. Market growth in this region will be faster than the growth of the market in the South American and MEA regions. The growth of smart factories will facilitate the energy harvesting devices market growth in Europe over the forecast period. Get a sample report for more key highlights on the regional market share of most of the above-mentioned countries. Latest Drivers & Trends of the Market-
The IoT is a system of interrelated devices or things that are embedded with electronics, software, sensors, and network connectivity. The IoT technology enables an Internet-connected device to use sensors and actuators to collect, record, and transmit data to other computing devices on a real-time basis. The demand for these IoT devices is primarily driven by developments in wired and wireless communication technologies, telecommunication standards, human-machine interface (HMI) technologies, and initiatives taken by governments worldwide to implement advanced technology-driven systems and solutions to improve their operational efficiency. This, in turn, is driving the demand for energy harvesting devices that enhance the functionality of IoT devices by offering them uninterrupted power without harming the environment.
Wearable devices, which include smart fabrics, smartwatches, heart rate monitors, fitness bands, and smart glasses, monitor the fitness levels of users while offering various other benefits to them. This technology has been gaining a lot of traction across all key regions worldwide. The continuous increase in the penetration of these solutions among customers is opening doors to immense growth opportunities for players in the global energy harvesting devices market. Many other companies, which see immense growth potential in this product segment, are also entering the market. This is expected to fuel the growth of the global energy harvesting device market during the forecast period. Find additional information about various other market Drivers & Trends mentioned in our sample report. Didn't Find What You Were Looking For? Customize Report- Don't miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. Here are Some Similar Topics- Cartesian Robots Market by End-user and Geography - Forecast and Analysis 2022-2026: The cartesian robots market share is expected to increase to USD 2.60 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 9.06%. Download Sample Report Broaching Machines Market: The broaching machines market share is expected to increase to USD 129.18 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.26%. Download Sample Report Table of Contents Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by Technology
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact
SOURCE Technavio 
|
||||||||||||||||||||||||||||||||||
View original content to download multimedia: