Global Energy Harvesting Devices Market 2015-2019
About Energy Harvesting Devices
Energy harvesting devices are devices that convert ambient energy, such as solar, wind, and chemical energy, into electrical energy. During the energy harvesting process, a transducer is used to convert ambient energy into electrical energy. The amount of electrical energy produced is small, but it can be used for low-power applications. Some of the energy harvesting devices discussed in this report are wireless sensor nodes, wrist watches, and solar-plated mobile phones. Energy harvesting devices allow electronic products to work as contactless charging devices, which make the products highly efficient and reliable.
Technavio's analysts forecast the global energy harvesting devices market to grow at a CAGR of 21.97% in terms of revenue and 25.91% in term of unit shipments over the period 2014-2019.
Covered in this Report
The report includes the present scenario and the growth prospects of the global energy harvesting devices market for the period 2015-2019. The market can be segmented based on products, applications, and technology.
Technavio's report, Global Energy Harvesting Devices Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global energy harvesting devices market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. Key Regions
Technavio Announces the Publication of its Research Report – Global Energy Harvesting Devices Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Energy Harvesting Devices Market: EnOcean, Linear Technology Lord Corp., Microchip Technology, Perpetuum and Texas Instruments
Other Prominent Vendors in the market are: Arveni, Convergence Wireless, Cymbet, G24i Power, GreenPeak Technologies, IMEC Holst, Infinite Power Solutions, Levant Power, Marlow Industries, Micropelt, Nextreme Thermal Solutions, Schneider Electric and Sol-Chip
Commenting on the report, an analyst from Technavio’s team said: “One of the major trends in this market is the imperative to reduce carbon emissions. The most significant way of combating carbon emissions is by reducing greenhouse gases by harvesting clean energy from renewable sources such as the sun, wind, air, and water. Energy-harvesting devices use natural resources to produce electrical energy, making them attractive to environmentally aware end-users.”
According to the report, governments across the world are introducing initiatives to meet the energy demand arising from rapid urbanization. For instance, the British government has invested $14.9 million in energy-harvesting projects and R&D to develop smart applications for transport, energy, and buildings. Thus, this is a form of renewable energy that helps governments to meet the growing demand from consumers.Further, the report states that energy-harvesting devices have low power storage capacity and are therefore limited to low-power-consuming devices.
EnOcean, Linear Technology Lord Corp., Microchip Technology, Perpetuum, Texas Instruments, Arveni, Convergence Wireless, Cymbet, G24i Power, GreenPeak Technologies, IMEC Holst, Infinite Power Solutions, Levant Power, Marlow Industries, Micropelt, Nextreme Thermal Solutions, Schneider Electric, Sol-Chip
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