Global Energy Harvesting Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Technology;

Light Energy Harvesting, Vibration Energy Harvesting, Thermal Energy Harvesting, and RF Energy Harvesting.

By Sensor;

IR, Temperature, Pressure, and Humidity.

By Component;

Controller, Transistor, Capacitor, and Battery.

By Application;

Consumer Electronics, Building, Home Automation, Industrial, and Transportation.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn234109118 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Energy Harvesting Market (USD Million), 2021 - 2031

In the year 2024, the Global Energy Harvesting Market was valued at USD 4,122.14 million. The size of this market is expected to increase to USD 15,118.48 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 20.4%.

The Global Energy Harvesting Systems Market is poised for significant growth, with projections indicating a robust expansion trajectory over the forecast period. Energy harvesting, also referred to as power harvesting or energy scavenging, involves deriving energy from external sources. This process taps into ambient energy, which exists as a background resource freely available for utilization. Several factors are expected to drive the market's growth during the forecast period. These include the increasing adoption of IoT devices in automation, urbanization trends, the growing demand for reliable and sustainable systems, the surge in interest towards green energy solutions, and the incorporation of energy harvesting technology in building and home automation sectors. Supportive governmental policies further bolster the market outlook.

Energy harvesting systems find primary application in low-power electrical utilities such as sensors, watches, and household appliances, offering an efficient alternative to traditional power sources like batteries. Heightened environmental awareness coupled with government initiatives aimed at reducing greenhouse gas emissions have spurred demand for such eco-friendly technologies. The advantages of employing energy harvesting systems are manifold. These systems enable connected devices to operate for extended durations without causing adverse environmental impacts. Among the various ambient energy sources utilized by these systems, including solar, thermal, and vibrational energy forms, solar energy emerges as a predominant choice.

Energy harvesting systems are deployed in scenarios necessitating backup batteries, particularly in remote or challenging-to-access locations. However, optimal signal transmission often requires close proximity between transmitters and receivers, posing challenges in data collection from remote sensors. Including the Chinese solar industry, potentially impeding the growth of energy harvesting systems. Delays in export activities may hinder market expansion temporarily. The long-term growth prospects for energy harvesting systems remain promising amidst evolving technological landscapes and sustainability imperatives.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Sensor
    3. Market Snapshot, By Component
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Global Energy Harvesting Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Continuous Advancements in Energy Harvesting Technologies
        2. Increasing Demand for IoT Devices
        3. Growing Focus on Sustainability
        4. Government Initiatives and Incentives
        5. Expanding Applications
        6. Cost Reductions
      2. Restraints
        1. Reliability Concerns
        2. Lack of Standardization
        3. Regulatory Hurdles
        4. Long Return on Investment (ROI) Periods
        5. Limited Scalability
      3. Opportunities
        1. Integration with Wireless Communication Technologies
        2. Focus on Wearable Electronics
        3. Urbanization and Smart Infrastructure
        4. Collaboration and Partnerships
        5. Focus on Energy Efficiency
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Energy Harvesting Market, By Technology, 2021 - 2031 (USD Million)
      1. Light Energy Harvesting
      2. Vibration Energy Harvesting
      3. Thermal Energy Harvesting
      4. RF Energy Harvesting
    2. Global Energy Harvesting Market, By Sensor, 2021 - 2031 (USD Million)

      1. IR

      2. Temperature

      3. Pressure

      4. Humidity

    3. Global Energy Harvesting Market, By Component, 2021 - 2031 (USD Million)

      1. Controller

      2. Transistor

      3. Capacitor

      4. Battery

    4. Global Energy Harvesting Market, By Application, 2021 - 2031 (USD Million)

      1. Consumer Electronics

      2. Building

      3. Home Automation

      4. Industrial

      5. Transportation

    5. Global Energy Harvesting Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Microchip Technology Inc
      2. E-Peas SA
      3. EnoCean GmbH
      4. ABB Limited
      5. Powercast Corporation
      6. Advanced Linear Devices Inc
      7. Analog Devices Inc
      8. STMicroelectronics NV
      9. Texas Instruments Incorporated
      10. Cypress Semiconductor Corporation
      11. Piezo.com
  7. Analyst Views
  8. Future Outlook of the Market