Title: Energy Harvesting Systems Market - Forecast (2021 - 2026)
1Energy Harvesting Systems MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report (2021-2026)
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- The global energy harvesting systems market is
estimated to grow at a CAGR of 12.1 during the
forecast period, 2021-2026, and shall cross 1
billion mark by 2026, from around 615 million in
2020. - Energy harvesting devices help in energy
conservation in Power Management Integrated
Circuits (PMIC) which are been dissipated in
terms of heat, electromagnetic radiation, light,
sound, vibration, or movement. - Devices aids in harvest or energy scavenging can
capture, accumulate, store, condition, and manage
this energy into electricity for further
consumption. Although the market shall witness a
slight downturn of around -4 in 2020 due to the
impact of COVID-19, the market shall bounce back
in 2021 on the back of strong consumer demand in
electronics, photovoltaics and industry verticals
such as Oil and Gas, Manufacturing etc.
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- Key Takeaways
- The rising demand for efficient energy usage over
concerns of environmental impact of energy
generation from conventional sources such as coal
and natural gas, is expected to help grow the
Energy Harvesting market in APAC. - With the implementation of the new regulations
focusing on the emissions and traffic congestion,
the increasing population which results in
massive urbanization rates by 16 and is expected
to proliferate sales of electric vehicles in near
future which in turn fuel energy harvesting
system market growth.
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By Distribution Channel- Segment
Analysis Mechanical Technology dominated the
market with revenue of 222m in 2020. Mechanical
coupling from the vibration source to the
harvester has to be good and the good electrical
matching between the mechanical harvester and the
electronic power management has to be provided to
gain maximum power. A team of Penn State
materials scientists and electrical engineers has
developed a mechanical energy transducer. This
transducer is made by flexible organic ionic
diodes that points towards a new direction in
scalable energy harvesting of unused mechanical
energy in the environment including wind, ocean
waves and human motion.
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- Energy Harvesting Systems Market Outlook
- ABB
- Honeywell International Inc.
- Microchip Technology Inc.
- Fujitsu Ltd
- Silicon Laboratories Inc.
- Analog Devices Inc
- Schneider Electric
- Bionic Power Inc
- Texas Instruments Incorporated
- Analog Devices inc
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Energy Harvesting Systems Market Forecast
(2021 - 2026) Learn More About the
Report _at_ https//www.industryarc.com/Report/195
58/energy-harvesting-systems-market.html
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- You Can Customize the Report as Per Your Need.
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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