In a recent published report, Kenneth Research has updated the market report for Energy Harvesting Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Energy Harvesting Market products.
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The market is thriving on account of the growing trade on fuel worldwide, backed by the rising demand for energy from the end-users. According to the statistics by the World Bank, exports of fuel increased from 12.91% of merchandise exports in 2001 to 14.25% of merchandise exports in 2018. Additionally, imports of fuel registered a growth by 1.28x between the years 2001 and 2018. In 2001, the import of fuel was 10.30% of merchandise exports whereas in 2018, it was 13.19% of merchandise exports.
Global Energy Harvesting Market was valued at USD 500 Million in the year 2019. Global Energy Harvesting Market is further estimated to grow at a CAGR of 11.2% from 2019 to reach USD 934 Million by the year 2025. Energy Harvesting is a procedure where unused and naturally formed energy is utilized to produce energy using various advanced technologies.
For industry structure analysis, the Energy Harvesting industry is relatively low concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five players account for about 46% of the revenue Market.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
Energy harvesting have wide range of application areas such as automotive sector, consumer durable electronics sector, wireless sensor network (WSN), industrial sector, building and home automation sector, military and aerospace sector, among others. Consumer electronics forms one of the major application areas in energy harvesting market.
Major market players in Texas Instruments, Maxim Integrated, Cypress Semiconductor, Wurth Electronics, Analog Devices, Microchip Technology, STMicroelectronics, Fujitsu, Enocean, Silicon Labs, Laird Thermal Systems, Cymbet, Mide Technology, Alta Devices, Powercast, MicroGen Systems, Micropelt, and brief information of 3 more companies provided in the report.
Energy Harvesting Market Segmentation
Energy Harvesting Market Overview, By Product
*Photovoltaic
*Thermoelectric
*Electrodynamic
Energy Harvesting Market Overview, By Application
*Industrial
*Consumer Electronics
*Building & Home
*WSN
*Security
*Others
Energy Harvesting Market Overview, By Region
North America
*USA
*Canada
Europe
*Germany
*U.K.
*France
*Italy
*Rest of Europe
APAC
*China
*India
*Japan
*Rest of Asia-Pacific
RoW
*Latin America
*Middle East & Africa
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Table of Content
1. Introduction
1.1 Industry Vision
1.2 Limitations
1.3 Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.2. Industry Size Estimation
2.2.1. Bottoms-Up Approach
2.2.2. Top-Down Approach
2.2.3. Annual Turnover Process
2.3. Data Triangulation
2.4. Research Assumptions
2.4.1. Assumption
3. Executive Summary
4. Industry Overview
4.1. Introduction
4.2. Strength
4.3. Weakness
4.4. Opportunities
4.5. Threats
5. Industry Trends
5.1. Introduction
5.2. Porter’s Five Forces Analysis
5.2.1. Threat of New Entrants
5.2.2. Threat of Substitutes
5.2.3. Bargaining Power of Buyers
5.2.4. Bargaining Power of Suppliers
5.2.5. Intensity of Competitive Rivalry
6. Energy Harvesting Industry, By Product
6.1. Photovoltaic
6.1. Thermoelectric
6.3. Electrodynamic
7. Energy Harvesting Industry, By Application
7.1. Industrial
7.2. Consumer Electronics
7.3. Building & Home
7.4. WSN
7.5. Security
7.6. Others
8 Geographical Analysis
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. RoE
8.4. Asia Pacific
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. RoAPAC
8.5. RoW
8.5.1. Latin America
8.5.1.1. Brazil
8.5.1.2. Argentina
8.5.1.3. Rest of Latin America
8.5.2. Middle East and Africa
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