Global Energy Harvesting System Market – Analysis and Forecast (2021 – 2027)

Industry Insights by Technology (Vibration, Radio Frequency (RF), Light and Thermal), by Component (Transducer (Photovoltaic, Piezoelectric, Electrodynamic, Electromagnetic, RF Transducer and Thermoelectric), Storage Battery, and Power Management Integrated Circuit (PMIC)), by Application (Industrial, Building and Home Automation, Consumer Electronics, Security, and Transportation)

Industry Overview

The global energy harvesting system market is estimated to be valued at USD 456.3 million in 2020 and is expected to reach USD 684.3 million by 2027, growing at a CAGR of 8.8% during 2021-2027. The growth of this market is attributed towards excessive demand for durable, safe and power-efficient systems that necessitate least amount of maintenance along with increasing initiatives undertaken by government authorities towards green energy.

Energy harvesting systems develops diverse arrangements established upon the amount, source and type of energy that is converted into electrical energy. This harvesting system utilizes a source of energy such as light, vibration and heat.

Market Segmentation

Insight by Technology

On the basis of technology, the energy harvesting system market is segmented into vibration, radio frequency (RF), light and thermal. Among all these segments, light energy has been generating largest revenue throughout the estimated period and will continue to be the most used technology during the forecast period. The large market size of light energy segment is due to massive accessibility of advanced applications and availability of sunlight in the solar energy domain across the globe.

Insight by Component

Based upon component, energy harvesting system market is categorized into transducer, storage battery, and PMIC. Among all these components, transducer is anticipated to witness highest CAGR of 12.1% during the forecast period. The extensive growth of this segment is pertaining towards excessive utilization of IoT by several industry domains, technological enhancement in networking and power intelligence across the world. Moreover, reduced costs of actuators and sensors are another factor driving the growth of transducer that is thereby strengthening the growth of energy harvesting system globally. Transducer is further subcategorized into photovoltaic, piezoelectric, electrodynamic, electromagnetic, RF transducer and thermoelectric.

Insight by Application

On the basis of application, energy harvesting system market is classified into Industrial, Building and Home Automation, Consumer Electronics, Security, and Transportation. Of all these applications, building and home automation is observing increasing demand in the energy harvest system market across the globe. Extensive increase in installation and execution of sensor-based techniques along with increase in demand for energy proficient power systems from commercial domain to residential domain.

Industry Dynamics

Growth Drivers

The exaggerating emphasis on energy harvesting from various sources such as wind, solar and thermal power along with excessive efforts from various government organizations to drive the utilization of renewable energy sources are the major factors that are driving the growth of energy harvesting system market globally. With the alarming rate of air pollution and global warming government organizations are continuously making determinations in order to eliminate the dependence and overutilization of fossil fuels and hence stimulate the adoption of renewable energy sources.

Furthermore, increasing procedures for diminishing of carbon footprints worldwide is another factor pertaining towards the growth of global energy harvesting system market. Additionally, ever-changing patterns in rainfall and soaring temperatures are further fluctuating the budding arrangements of plants thereby strengthening the requirement of energy harvesting system and thus increasing its market revenue.

Challenges

Lack of standardization and consumer awareness is expected to further hinder the growth of global energy harvesting system market. Moreover, the availability of abundant encrypted devices and ecosystems reduces the efficiency of energy harvesting system industry that is less user-friendly and restraining the growth of energy harvesting system market across the globe.

Industry Ecosystem

Globally industry players operating in energy harvesting system market are leveraging market growth by launching new products in the market that is further enhancing their products portfolio. For instance, EnOcean GmbH launched self-powered wireless sensors in IoT for energy harvesting solutions that is based upon standardized specifications.

Geographic Overview

Geographically, energy harvesting system market in Europe is the largest revenue holder, globally. The growth of energy harvesting system market in this region is attributed towards widespread adoption of this system in automotive domain for the establishment of both commercials as well as passengers’ car segment. Moreover, Asia-Pacific is expected to witness the highest CAGR during the forecast period owing to exaggerated growth in both manufacturings as well as construction domain in various emerging countries of this region.

Competitive Insight

Some of the major companies operating in the global energy harvesting system market includes Fujitsu Group, Arveni, Cymbet Corporation, Convergence Wireless, Powercast Corporation, Honeywell International Inc., Texas Instruments Incorporated, STMicroelectronics N.V., ABB Ltd., Bionic Power, Inc., Energy Partners, Yantra Harvest Energy Private Limited, and EnOcean GmbH.

Primary Research

VynZ Research conducts extensive primary research to understand the market dynamics, validate market data and have key opinions from the industry experts. The key profiles approached within the industry includes, CEO, CFO, CTO, President, Vice President, Product Managers, Regional Heads and Others. Also, end user surveys comprising of consumers are also conducted to understand consumer behaviour.

Source: VynZ Research

Source: VynZ Research

1. Research Overview

1.1.  The Report Offers

1.2.  Market Coverage

1.2.1. By Product

1.2.2. By Application

1.2.3. By Region

1.3.  Research Phases

1.4.  Limitations

1.5.  Market Size Estimations and Forecast

1.5.1. Data Sources

1.5.1.1. Primary Research

1.5.1.2. Secondary Research

1.5.2. Methodology

1.5.2.1. Data Exploration

1.5.2.2. Forecast Parameters

1.5.2.3. Data Validation

1.5.2.4. Assumptions

1.5.3. Study Period & Data Reporting Unit

2. Executive Summary

3. Market Definition

3.1.  By Product

3.1.1. Transceivers

3.1.2. Wireless USB

3.1.3. Wi-Fi

3.1.4. ZigBee

3.1.5. Near Field Communication (NFC)

3.1.6. Bluetooth

3.1.7. RF MEMS

3.1.8. Wi-MAX

3.1.9. Power Amplifiers

3.1.10.  Mobile TV

3.1.11.  GPS

3.1.12.  Others

3.2.  By Application

3.2.1. Mobile

3.2.2. Tablet

3.2.3. Others

4. Industry Overview

4.1.  Industry Dynamics

4.1.1. Market Growth Drivers

4.1.2. Market Growth Restraints

4.1.3. Key Market Trends

4.1.4. Major Opportunities

4.2.  Industry Ecosystem

4.2.1. Porter’s Five Forces Analysis

4.2.2. Strategic Development Analysis

4.2.3. Value Chain Analysis

4.3.  Competitive Insight

4.3.1. Competitive Position of Industry Players

4.3.2. Market Attractive Analysis

5. Global Market Estimate and Forecast

5.1.  By Type

5.2.  By Collection Medium

5.3.  By Application

5.4.  By Vertical

5.5.  By Region

6. North America Market Estimate and Forecast

6.1.  By Product

6.2.  By Application

6.3.  By Country

6.3.1. U.S. Market Estimate and Forecast

6.3.1.1. By Product

6.3.1.2. By Application

6.3.2. Canada Market Estimate and Forecast

6.3.2.1. By Product

6.3.2.2. By Application

6.3.3. Mexico Market Estimate and Forecast

6.3.3.1. By Product

6.3.3.2. By Application

7. Europe Market Estimate and Forecast

7.1.  By Product

7.2.  By Application

7.3.  By Country

7.3.1. Germany Market Estimate and Forecast

7.3.1.1. By Product

7.3.1.2. By Application

7.3.2. France Market Estimate and Forecast

7.3.2.1. By Product

7.3.2.2. By Application

7.3.3. Italy Market Estimate and Forecast

7.3.3.1. By Product

7.3.3.2. By Application

7.3.4. U.K. Market Estimate and Forecast

7.3.4.1. By Product

7.3.4.2. By Application

7.3.5. Spain Market Estimate and Forecast

7.3.5.1. By Product

7.3.5.2. By Application

7.3.6. Rest of Europe Market Estimate and Forecast

7.3.6.1. By Product

7.3.6.2. By Application

8. Asia-Pacific Market Estimate and Forecast

8.1.  By Product

8.2.  By Application

8.3.  By Country

8.3.1. China Market Estimate and Forecast

8.3.1.1. By Product

8.3.1.2. By Application

8.3.2. India Market Estimate and Forecast

8.3.2.1. By Product

8.3.2.2. By Application

8.3.3. South Korea Market Estimate and Forecast

8.3.3.1. By Product

8.3.3.2. By Application

8.3.4. Japan Market Estimate and Forecast

8.3.4.1. By Product

8.3.4.2. By Application

8.3.5. Rest of Asia-Pacific Market Estimate and Forecast

8.3.5.1. By Product

8.3.5.2. By Application

9. Rest of the World (RoW) Market Estimate and Forecast

9.1.  By Product

9.2.  By Application

9.3.  By Country

9.3.1. Brazil Market Estimate and Forecast

9.3.1.1. By Product

9.3.1.2. By Application

9.3.2. Other Countries Market Estimate and Forecast

9.3.2.1. By Product

9.3.2.2. By Application

10.  Company Profiles

10.1. Infineon Technologies AG

10.1.1.  Snapshot

10.1.2.  Overview

10.1.3.  Offerings

10.1.4.  Financial Insight

10.1.5.  Recent Developments

10.2. TriQuint Semiconductor

10.2.1.  Snapshot

10.2.2.  Overview

10.2.3.  Offerings

10.2.4.  Financial Insight

10.2.5.  Recent Developments

10.3. Qualcomm Technologies, Inc.

10.3.1.  Snapshot

10.3.2.  Overview

10.3.3.  Offerings

10.3.4.  Financial Insight

10.3.5.  Recent Developments

10.4. Skyworks Solutions, Inc.

10.4.1.  Snapshot

10.4.2.  Overview

10.4.3.  Offerings

10.4.4.  Financial Insight

10.4.5.  Recent Developments

10.5. NXP Semiconductors N.V.

10.5.1.  Snapshot

10.5.2.  Overview

10.5.3.  Offerings

10.5.4.  Financial Insight

10.5.5.  Recent Developments

10.6. Silicon Laboratories Inc.

10.6.1.  Snapshot

10.6.2.  Overview

10.6.3.  Offerings

10.6.4.  Financial Insight

10.6.5.  Recent Developments

10.7. Avango Technologies

10.7.1.  Snapshot

10.7.2.  Overview

10.7.3.  Offerings

10.7.4.  Financial Insight

10.7.5.  Recent Developments

10.8. STMicroelectronics NV

10.8.1.  Snapshot

10.8.2.  Overview

10.8.3.  Offerings

10.8.4.  Financial Insight

10.8.5.  Recent Developments

10.9. Renesas Electronics Corporation

10.9.1.  Snapshot

10.9.2.  Overview

10.9.3.  Offerings

10.9.4.  Financial Insight

10.9.5.  Recent Developments

11.  Appendix

11.1. Exchange Rates

11.2. Abbreviations

Note: Financial insight and recent developments of different companies are subject to availability of information in secondary domain.

List of Tables

Table 1 Sources

Table 2 Study Periods

Table 3 Data Reporting Unit

Table 4 Global RFIC Market Size, by Product, 2015–2020 (USD Million)

Table 5 Global RFIC Market Size, by Product, 2021–2027 (USD Million)

Table 6 Global RFIC Market Size, by Application, 2015–2020 (USD Million)

Table 7 Global RFIC Market Size, by Application, 2021–2027 (USD Million)

Table 8 Global RFIC Market Size, by Region, 2015–2020 (USD Million)

Table 9 Global RFIC Market Size, by Region, 2021–2027 (USD Million)

Table 10 North America RFIC Market Size, by Product, 2015–2020 (USD Million)

Table 11 North America RFIC Market Size, by Product, 2021–2027 (USD Million)

Table 12 North America RFIC Market Size, by Application, 2015–2020 (USD Million)

Table 13 North America RFIC Market Size, by Application, 2021–2027 (USD Million)

Table 14 North America RFIC Market Size, by Country, 2015–2020 (USD Million)

Table 15 North America RFIC Market Size, by Country, 2021–2027 (USD Million)

Table 16 U.S. RFIC Market Size, by Product, 2015–2020 (USD Million)

Table 17 U.S. RFIC Market Size, by Product, 2021–2027 (USD Million)

Table 18 U.S. RFIC Market Size, by Application, 2015–2020 (USD Million)

Table 19 U.S. RFIC Market Size, by Application, 2021–2027 (USD Million)

Table 20 Canada RFIC Market Size, by Product, 2015–2020 (USD Million)

Table 21 Canada RFIC Market Size, by Product, 2021–2027 (USD Million)

Table 22 Canada RFIC Market Size, by Application, 2015–2020 (USD Million)

Table 23 Canada RFIC Market Size, by Application, 2021–2027 (USD Million)

Table 24 Mexico RFIC Market Size, by Product, 2015–2020 (USD Million)

Table 25 Mexico RFIC Market Size, by Product, 2021–2027 (USD Million)

Table 26 Mexico RFIC Market Size, by Application, 2015–2020 (USD Million)

Table 27 Mexico RFIC Market Size, by Application, 2021–2027 (USD Million)

Table 28 Europe RFIC Market Size, by Product, 2015–2020 (USD Million)

Table 29 Europe RFIC Market Size, by Product, 2021–2027 (USD Million)

Table 30 Europe RFIC Market Size, by Application, 2015–2020 (USD Million)

Table 31 Europe RFIC Market Size, by Application, 2021–2027 (USD Million)

Table 32 Europe RFIC Market Size, by Country, 2015–2020 (USD Million)

Table 33 Europe RFIC Market Size, by Country, 2021–2027 (USD Million)

Table 34 Germany RFIC Market Size, by Product, 2015–2020 (USD Million)

Table 35 Germany RFIC Market Size, by Product, 2021–2027 (USD Million)

Table 36 Germany RFIC Market Size, by Application, 2015–2020 (USD Million)

Table 37 Germany RFIC Market Size, by Application, 2021–2027 (USD Million)

Table 38 U.K. RFIC Market Size, by Product, 2015–2020 (USD Million)

Table 39 U.K. RFIC Market Size, by Product, 2021–2027 (USD Million)

Table 40 U.K. RFIC Market Size, by Application, 2015–2020 (USD Million)

Table 41 U.K. RFIC Market Size, by Application, 2021–2027 (USD Million)

Table 42 France RFIC Market Size, by Product, 2015–2020 (USD Million)

Table 43 France RFIC Market Size, by Product, 2021–2027 (USD Million)

Table 44 France RFIC Market Size, by Application, 2015–2020 (USD Million)

Table 45 France RFIC Market Size, by Application, 2021–2027 (USD Million)

Table 46 Italy RFIC Market Size, by Product, 2015–2020 (USD Million)

Table 47 Italy RFIC Market Size, by Product, 2021–2027 (USD Million)

Table 48 Italy RFIC Market Size, by Application, 2015–2020 (USD Million)

Table 49 Italy RFIC Market Size, by Application, 2021–2027 (USD Million)

Table 50 Spain RFIC Market Size, by Product, 2015–2020 (USD Million)

Table 51 Spain RFIC Market Size, by Product, 2021–2027 (USD Million)

Table 52 Spain RFIC Market Size, by Application, 2015–2020 (USD Million)

Table 53 Spain RFIC Market Size, by Application, 2021–2027 (USD Million)

Table 54 RoE RFIC Market Size, by Product, 2015–2020 (USD Million)

Table 55 RoE RFIC Market Size, by Product, 2021–2027 (USD Million)

Table 56 RoE RFIC Market Size, by Application, 2015–2020 (USD Million)

Table 57 RoE RFIC Market Size, by Application, 2021–2027 (USD Million

Table 58 Asia-Pacific RFIC Market Size, by Product, 2015–2020 (USD Million)

Table 59 Asia-Pacific RFIC Market Size, by Product, 2021–2027 (USD Million)

Table 60 Asia-Pacific RFIC Market Size, by Application, 2015–2020 (USD Million)

Table 61 Asia-Pacific RFIC Market Size, by Application, 2021–2027 (USD Million)

Table 62 Asia-Pacific RFIC Market Size, by Country, 2015–2020 (USD Million)

Table 63 Asia-Pacific RFIC Market Size, by Country, 2021–2027 (USD Million)

Table 64 Japan RFIC Market Size, by Product, 2015–2020 (USD Million)

Table 65 Japan RFIC Market Size, by Product, 2021–2027 (USD Million)

Table 66 Japan RFIC Market Size, by Application, 2015–2020 (USD Million)

Table 67 Japan RFIC Market Size, by Application, 2021–2027 (USD Million)

Table 68 China RFIC Market Size, by Product, 2015–2020 (USD Million)

Table 69 China RFIC Market Size, by Product, 2021–2027 (USD Million)

Table 70 China RFIC Market Size, by Application, 2015–2020 (USD Million)

Table 71 China RFIC Market Size, by Application, 2021–2027 (USD Million)

Table 72 India RFIC Market Size, by Product, 2015–2020 (USD Million)

Table 73 India RFIC Market Size, by Product, 2021–2027 (USD Million)

Table 74 India RFIC Market Size, by Application, 2015–2020 (USD Million)

Table 75 India RFIC Market Size, by Application, 2021–2027 (USD Million)

Table 76 South Korea RFIC Market Size, by Product, 2015–2020 (USD Million)

Table 77 South Korea RFIC Market Size, by Product, 2021–2027 (USD Million)

Table 78 South Korea RFIC Market Size, by Application, 2015–2020 (USD Million)

Table 79 South Korea RFIC Market Size, by Application, 2021–2027 (USD Million)

Table 80 Rest of Asia-Pacific RFIC Market Size, by Product, 2015–2020 (USD Million)

Table 81 Rest of Asia-Pacific RFIC Market Size, by Product, 2021–2027 (USD Million)

Table 82 Rest of Asia-Pacific RFIC Market Size, by Application, 2015–2020 (USD Million)

Table 83 Rest of Asia-Pacific RFIC Market Size, by Application, 2021–2027 (USD Million)

Table 84 RoW RFIC Market Size, by Product, 2015–2020 (USD Million)

Table 85 RoW RFIC Market Size, by Product, 2021–2027 (USD Million)

Table 86 RoW RFIC Market Size, by Application, 2015–2020 (USD Million)

Table 87 RoW RFIC Market Size, by Application, 2021–2027 (USD Million)

Table 88 RoW RFIC Market Size, by Country, 2015–2020 (USD Million)

Table 89 RoW RFIC Market Size, by Country, 2021–2027 (USD Million)

Table 90 Brazil RFIC Market Size, by Product, 2015–2020 (USD Million)

Table 91 Brazil RFIC Market Size, by Product, 2021–2027 (USD Million)

Table 92 Brazil RFIC Market Size, by Application, 2015–2020 (USD Million)

Table 93 Brazil RFIC Market Size, by Application, 2021–2027 (USD Million)

Table 94 Other Countries RFIC Market Size, by Product, 2015–2020 (USD Million)

Table 95 Other Countries RFIC Market Size, by Product, 2021–2027 (USD Million)

Table 96 Other Countries RFIC Market Size, by Application, 2015–2020 (USD Million)

Table 97 Other Countries RFIC Market Size, by Application, 2021–2027 (USD Million)

Table 98 Snapshot – Infineon Technologies AG

Table 99 Snapshot – TriQuint Semiconductor

Table 100 Snapshot – Qualcomm Technologies, Inc.

Table 101 Snapshot – Skyworks Solutions, Inc.

Table 102 Snapshot – NXP Semiconductors N.V.

Table 103 Snapshot – Silicon Laboratories Inc.

Table 104 Snapshot – Avango Technologies

Table 105 Snapshot – STMicroelectronics NV

Table 106 Snapshot – Renesas Electronics Corporation

List of Figures

Figure 1 Market Coverage

Figure 2 Research Phases

Figure 3 Secondary Sources for Different Parameters

Figure 4 Methodology

Figure 5 Data Mining & Exploration

Figure 6 Data Triangulation

Figure 7 Assumptions for Market Estimation and Forecast

Figure 8 Market Synopsis

Figure 9 Global RFIC Market - Growth Drivers and Restraints

Figure 10 Competitive Benchmark

Figure 11 Global RFIC Market Highlight

Figure 12 Global RFIC Market Size, by Product, 2015–2027 (USD Million)

Figure 13 Global RFIC Market Size, by Application, 2015–2027 (USD Million)

Figure 14 Global RFIC Market Size, by Region, 2015–2027 (USD Million)

Figure 15 North America RFIC Market Highlight

Figure 16 North America RFIC Market Size, by Product, 2015–2027 (USD Million)

Figure 17 North America RFIC Market Size, by Application, 2015–2027 (USD Million)

Figure 18 North America RFIC Market Size, by Country, 2015–2027 (USD Million)

Figure 19 U.S. RFIC Market Size, by Product, 2015–2027 (USD Million)

Figure 20 U.S. RFIC Market Size, by Application, 2015–2027 (USD Million)

Figure 21 Canada RFIC Market Size, by Product, 2015–2027 (USD Million)

Figure 22 Canada RFIC Market Size, by Application, 2015–2027 (USD Million)

Figure 23 Mexico RFIC Market Size, by Product, 2015–2027 (USD Million)

Figure 24 Mexico RFIC Market Size, by Application, 2015–2027 (USD Million)

Figure 25 Europe RFIC Market Highlight

Figure 26 Europe RFIC Market Size, by Product, 2015–2027 (USD Million)

Figure 27 Europe RFIC Market Size, by Application, 2015–2027 (USD Million)

Figure 28 Europe RFIC Market Size, by Country, 2015–2027 (USD Million)

Figure 29 Germany RFIC Market Size, by Product, 2015–2027 (USD Million)

Figure 30 Germany RFIC Market Size, by Application, 2015–2027 (USD Million)

Figure 31 U.K. RFIC Market Size, by Product, 2015–2027 (USD Million)

Figure 32 U.K. RFIC Market Size, by Application, 2015–2027 (USD Million)

Figure 33 France RFIC Market Size, by Product, 2015–2027 (USD Million)

Figure 34 France RFIC Market Size, by Application, 2015–2027 (USD Million)

Figure 35 Italy RFIC Market Size, by Product, 2015–2027 (USD Million)

Figure 36 Italy RFIC Market Size, by Application, 2015–2027 (USD Million)

Figure 37 Spain RFIC Market Size, by Product, 2015–2027 (USD Million)

Figure 38 Spain RFIC Market Size, by Application, 2015–2027 (USD Million)

Figure 39 Rest of Europe RFIC Market Size, by Product, 2015–2027 (USD Million)

Figure 40 Rest of Europe RFIC Market Size, by Application, 2015–2027 (USD Million)

Figure 41 Asia-Pacific RFIC Market Highlight

Figure 42 Asia-Pacific RFIC Market Size, by Product, 2015–2027 (USD Million)

Figure 43 Asia-Pacific RFIC Market Size, by Application, 2015–2027 (USD Million)

Figure 44 Asia-Pacific RFIC Market Size, by Country, 2015–2027 (USD Million)

Figure 45 Japan RFIC Market Size, by Product, 2015–2027 (USD Million)

Figure 46 Japan RFIC Market Size, by Application, 2015–2027 (USD Million)

Figure 47 China RFIC Market Size, by Product, 2015–2027 (USD Million)

Figure 48 China RFIC Market Size, by Application, 2015–2027 (USD Million)

Figure 49 India RFIC Market Size, by Product, 2015–2027 (USD Million)

Figure 50 India RFIC Market Size, by Application, 2015–2027 (USD Million)

Figure 51 South Korea RFIC Market Size, by Product, 2015–2027 (USD Million)

Figure 52 South Korea RFIC Market Size, by Application, 2015–2027 (USD Million)

Figure 53 Rest of Asia-Pacific RFIC Market Size, by Product, 2015–2027 (USD Million)

Figure 54 Rest of Asia-Pacific RFIC Market Size, by Application, 2015–2027 (USD Million)

Figure 55 RoW RFIC Market Highlight

Figure 56 RoW RFIC Market Size, by Product, 2015–2027 (USD Million)

Figure 57 RoW RFIC Market Size, by Application, 2015–2027 (USD Million)

Figure 58 RoW RFIC Market Size, by Country, 2015–2027 (USD Million)

Figure 59 Brazil RFIC Market Size, by Product, 2015–2027 (USD Million)

Figure 60 Brazil RFIC Market Size, by Application, 2015–2027 (USD Million)

Figure 61 Other Countries RFIC Market Size, by Product, 2015–2027 (USD Million)

Figure 62 Other Countries RFIC Market Size, by Application, 2015–2027 (USD Million)