"Global Vibration Energy Harvesting Systems Market By Product (Linear Systems, Nonlinear Systems and Rotational Systems), By Application (Consumer Electronics, Building & Home Automation, Industrial, Transportation, Healthcare, Security and Others), By Region, By Company, Competition, Forecast & Opportunities, 2024"
The Global vibration energy harvesting systems market is anticipated to reach $183 million by 2024, on account of increasing demand for power-efficient and durable systems that require minimum or no maintenance. Extensive implementation of IoT devices in automation and energy harvesting technology in building and home automation, in addition to increasing focus on green energy and favorable government initiatives, are expected to positively influence the global vibration energy harvesting systems market in coming years.
Field of vibration energy harvesting has intrigued noteworthy significance for low power and portable energy sources, credited to fast advancement and mass utilization of portable electronic gadgets. Such energy harvesting systems are registering massive growth, on account of growing desire to create portable and wireless electronic gadgets with extended lifetime. Vibration energy harvesting is an inexhaustible and clean energy scavenging source that is dynamically gaining traction across the world. Such systems are utilized in areas of independent low power microsystems, self-powered wireless sensor systems, portable energy sources, distributed computing and others to renew or supplant traditional power sources, for example, battery. Advancements in vibration energy harvesting systems enable to capture, store and deal with specific measures of motion energy, converting them into electrical energy to supply low-power gadgets or store it for later use.
In terms of application, the global vibration energy harvesting systems market has been categorized into consumer electronics, building & home automation, industrial, transportation and security. The consumer electronics category accounted for major share of the global vibration energy harvesting systems market in 2018. The growth of the consumer electronics category is being majorly driven by rising demand for wireless sensing devices and low-power portable electronics without external power supply.
Presence of vibration energy harvesting systems in the healthcare sector is marginal; however, it is expected to witness a healthy growth during the forecast period. Vibration energy harvesting innovations present important social advantages when applied to the healthcare sector. Many associations are as of now currently working with developing an automated pacemaker that will convert kinetic energy from the pulsating of the human heart into electrical energy. The gadget would empower self-charging systems by the body's vibration.
North America vibration energy harvesting systems market accounted for a major share of the global market in 2018, owing to high penetration of vibration energy harvesting systems in industrial sectors such as healthcare, transportation, consumer electronics, security and others. The European market for vibration energy harvesting systems emerged as the second largest in the world in 2018, on account of favorable government policies across various countries in the region. Moreover, the European Commission is promoting the industry with incentives and investments in R&D of energy harvesting and storage devices, thereby driving the market growth in the region.
Global vibration energy harvesting systems market is highly competitive in nature. Most of the market players are focusing on technological advancements of the product to specialize in unequivocal application zones. Various players and new businesses are anticipated to penetrate the market notwithstanding the substantial investments required to enter the market, due to the appealing growth opportunities. Some of the major players operating in the global vibration energy harvesting systems market are STMicroelectronics N.V., Honeywell International Inc., Fujitsu Ltd. and Convergence Wireless Inc.
Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024
Objective of the Study:
- To analyze and forecast the global vibration energy harvesting systems market size.
- To forecast the global vibration energy harvesting systems market based on product, application and regional distribution.
- To identify drivers and challenges for the global vibration energy harvesting systems market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global vibration energy harvesting systems market.
- To conduct the pricing analysis for the global vibration energy harvesting systems market.
- To identify and analyze the profile of leading players operating in the global vibration energy harvesting systems market.
Some of the leading players operating in the global vibration energy harvesting systems market are STMicroelectronics N.V., Honeywell International Inc., Fujitsu Ltd., Convergence Wireless Inc., Microchip Technology Inc., Cymbet Corporation, EnOcean GmbH, ABB Ltd., Texas Instruments Inc., Powercast Corporation, etc.
The author performed both primary as well as exhaustive secondary research for this study, initially, sourcing a list of manufacturers across the globe. Subsequently, the author conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the author could include the manufacturers which could not be identified due to the limitations of secondary research. The author analyzed the product offerings, distribution channels and presence of all major manufacturers across the globe.
The author calculated the global vibration energy harvesting systems market size using a top down approach, where data for various applications across various end-user segments was recorded and forecast for the future years. The author sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Vibration energy harvesting device manufacturers
- Vibration energy harvesting systems developers
- Vibration energy harvesting systems end-user industries
- Government bodies such as regulating authorities and policymakers
- Organizations, forums and alliances related to vibration energy harvesting systems market
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as manufacturers, partners and end users. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities.
In this report, the global vibration energy harvesting systems market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, by Product:
- Linear Systems
- Nonlinear Systems
- Rotational Systems
Market, by Application:
- Consumer Electronics
- Building & Home Automation
Market, by Region:
- - China
- - India
- - Japan
- - France
- - Germany
- - United Kingdom
- North America
- - United States
- South America
- - Brazil
Company Profiles: Detailed analysis of the major companies present in the global vibration energy harvesting systems market.
With the given market data, the author offers customizations according to a company’s specific needs. The following customization options are available for the report:
- Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of direct and indirect sales channel.
*Note - Custom Research License:
For both the Single and Enterprise user license, 10% report specific customization is available free of any additional cost, as above. However, alternatively, if you are looking for additional content data or insight related to the scope of the report, you may purchase the new “Custom Research License”. Please enquire for pricing.
The custom research will be delivered in printable PDF format along with the report’s data excel sheet. This license offers 80 analyst hours. It is strongly recommended for an organization which wants to execute short ‘bespoke’ research projects related to the scope of the purchased report.
2. Research Methodology
3. Executive Summary
4. Voice of Customer
4.1. Brand Awareness
4.2. Brand Recall
4.3. Brand Satisfaction
4.4. Factors Influencing Purchase Decision
4.5. Challenges/Issues Faced Post Purchase
4.6. Unmet Needs
5. Global Vibration Energy Harvesting Systems Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Product (Linear Systems, Nonlinear Systems, Rotational Systems)
5.2.2. By Application (Consumer Electronics, Building & Home Automation, Industrial, Transportation, Healthcare, Others)
5.2.3. By Company
5.2.4. By Region
5.3. Market Attractiveness Index
6. Asia-Pacific Vibration Energy Harvesting Systems Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Product
6.2.2. By Application
6.2.3. By Country
6.3. Market Attractiveness Index
6.4. Asia-Pacific: Country Analysis
6.4.1. China Vibration Energy Harvesting Systems Market Outlook
184.108.40.206. Market Size & Forecast
220.127.116.11.1. By Value
18.104.22.168. Market Share & Forecast
22.214.171.124.1. By Application
126.96.36.199. Market Attractiveness Index
6.4.2. India Vibration Energy Harvesting Systems Market Outlook
188.8.131.52. Market Size & Forecast
184.108.40.206.1. By Value
220.127.116.11. Market Share & Forecast
18.104.22.168.1. By Application
22.214.171.124. Market Attractiveness Index
6.4.3. Japan Vibration Energy Harvesting Systems Market Outlook
126.96.36.199. Market Size & Forecast
188.8.131.52.1. By Value
184.108.40.206. Market Share & Forecast
220.127.116.11.1. By Application
18.104.22.168. Market Attractiveness Index
7. Europe Vibration Energy Harvesting Systems Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Product
7.2.2. By Application
7.2.3. By Country
7.3. Market Attractiveness Index
7.4. Europe: Country Analysis
7.4.1. France Vibration Energy Harvesting Systems Market Outlook
22.214.171.124. Market Size & Forecast
126.96.36.199.1. By Value
188.8.131.52. Market Share & Forecast
184.108.40.206.1. By Application
220.127.116.11. Market Attractiveness Index
7.4.2. Germany Vibration Energy Harvesting Systems Market Outlook
18.104.22.168. Market Size & Forecast
22.214.171.124.1. By Value
126.96.36.199. Market Share & Forecast
188.8.131.52.1. By Application
184.108.40.206. Market Attractiveness Index
7.4.3. United Kingdom Vibration Energy Harvesting Systems Market Outlook
220.127.116.11. Market Size & Forecast
18.104.22.168.1. By Value
22.214.171.124. Market Share & Forecast
126.96.36.199.1. By Application
188.8.131.52. Market Attractiveness Index
8. North America Vibration Energy Harvesting Systems Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Product
8.2.2. By Application
8.2.3. By Country
8.3. Market Attractiveness Index
8.4. North America: Country Analysis
8.4.1. United States Vibration Energy Harvesting Systems Market Outlook
184.108.40.206. Market Size & Forecast
220.127.116.11.1. By Value
18.104.22.168. Market Share & Forecast
22.214.171.124.1. By Application
126.96.36.199. Market Attractiveness Index
9. South America Vibration Energy Harvesting Systems Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Product
9.2.2. By Application
9.2.3. By Country
9.3. Market Attractiveness Index
9.4. South America: Country Analysis
9.4.1. Brazil Vibration Energy Harvesting Systems Market Outlook
188.8.131.52. Market Size & Forecast
184.108.40.206.1. By Value
220.127.116.11. Market Share & Forecast
18.104.22.168.1. By Application
22.214.171.124. Market Attractiveness Index
10. Pricing Analysis
11. Market Dynamics
12. Market Trends & Developments
13. Competitive Landscape
13.1. Competition Outlook
13.2. Company Profiles
13.2.1. Basic Details
13.2.2. Financials (As Reported)
13.2.3. Supply Chain Analysis
13.2.4. Key Market Focus and Geographical Presence
13.2.5. Planned Investments
13.2.6. Pricing of Target Products
13.2.7. Market Positioning
13.3. Global Players Profiled (Leading Companies)
15.3.1 Cymbet Corporation
15.3.2 STMicroelectronics N.V.
15.3.3 Microchip Technology Inc.
15.3.4 EnOcean GmbH
15.3.5 ABB Ltd.
15.3.6 Texas Instruments Inc.
15.3.7 Honeywell International Inc.
15.3.8 Fujitsu Ltd.
15.3.9 Convergence Wireless, Inc.
15.3.10 Powercast Corporation
(Note: The companies list can be customized based on the client requirements)
14. Strategic Recommendations
*Full List of Figures Available on Enquiry.
- Cymbet Corporation
- STMicroelectronics N.V.
- Microchip Technology Inc.
- EnOcean GmbH
- ABB Ltd.
- Texas Instruments Inc.
- Honeywell International Inc.
- Fujitsu Ltd.
- Convergence Wireless, Inc.
- Powercast Corporation