The global kinetic tiles market was valued at $28.9 million in 2021, and is projected to reach $44.0 million by 2031, growing at a CAGR of 4.5% from 2022 to 2031.
Kinetic tiles are type of tiles which generate energy from footsteps. These tiles are the latest technology in energy harvesting. The kinetic tiles transform footsteps into electricity which can illuminate any outdoor and indoor lighting products. Kinetic tiles are easily designed into any new flooring system and can be retrofitted to already-existing structures. These tiles have several benefits such as environmental benefits, easy installation and crowed data collection.
Kinetic tiles are installed in high-traffic areas such as grand central station, times square, lollapalooza, or playing areas. The tiles convert the kinetic energy from the footsteps of pedestrians into renewable electricity. The energy is stored in a lithium polymer battery or directly used to power low-wattage, off-grid applications like street lighting, displays, speakers, alarms, signs, and advertising boards. Kinetic energy generated from people’s footsteps in a crowded area is sufficient to power smart electronic devices with low consumption.
Kinetic tiles are environment-friendly power solution and a desirable upgrade to the outdoor lighting infrastructure. These tiles are majorly used to illuminate the off-grid lighting solution. Kinetic tiles are used in the hybrid model which lower the pressure on other renewable energy sources. Kinetic tiles are available in multiple styles and designs which increases the popularity of the product in the market.
As per the kinetic tiles market analysis, the demand for the kinetic tile product is increasing in various sports infrastructural projects and urban areas such as shopping malls, clubs, walking areas, commercial properties, and national parks worldwide which have been benefited from kinetic tiles. These tiles further brought a huge transition in the commercial market all over the world. However, the global leaders are taking efforts toward lowering the dependence on fossil fuels and reducing the carbon footprint of big industries.
For the purpose of analysis, the kinetic tiles market is segmented on the basis of floor mechanism, shape, application and region. On the basis of floor mechanism, the market is classified into piezoelectric, magnetic, generators and static. On the basis of shape, the market is divided into triangle and square. On the basis of application, the market is categorized into footpaths, public spaces, athletics field and courts, dance floors. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Major players operating in the global kinetic tiles market include Pavegen, Energy Floors, POWERleap Inc., ENGOPLANET ENERGY SOLUTIONS LLC, Kinergypower, ECO RENEWABLE ENERGY., Studio Roosegaarde, Global Energy Harvest Co., Ok. Power., Shaw Industries Group, Inc. and others.
Kinetic tiles are type of tiles which generate energy from footsteps. These tiles are the latest technology in energy harvesting. The kinetic tiles transform footsteps into electricity which can illuminate any outdoor and indoor lighting products. Kinetic tiles are easily designed into any new flooring system and can be retrofitted to already-existing structures. These tiles have several benefits such as environmental benefits, easy installation and crowed data collection.
Kinetic tiles are installed in high-traffic areas such as grand central station, times square, lollapalooza, or playing areas. The tiles convert the kinetic energy from the footsteps of pedestrians into renewable electricity. The energy is stored in a lithium polymer battery or directly used to power low-wattage, off-grid applications like street lighting, displays, speakers, alarms, signs, and advertising boards. Kinetic energy generated from people’s footsteps in a crowded area is sufficient to power smart electronic devices with low consumption.
Kinetic tiles are environment-friendly power solution and a desirable upgrade to the outdoor lighting infrastructure. These tiles are majorly used to illuminate the off-grid lighting solution. Kinetic tiles are used in the hybrid model which lower the pressure on other renewable energy sources. Kinetic tiles are available in multiple styles and designs which increases the popularity of the product in the market.
As per the kinetic tiles market analysis, the demand for the kinetic tile product is increasing in various sports infrastructural projects and urban areas such as shopping malls, clubs, walking areas, commercial properties, and national parks worldwide which have been benefited from kinetic tiles. These tiles further brought a huge transition in the commercial market all over the world. However, the global leaders are taking efforts toward lowering the dependence on fossil fuels and reducing the carbon footprint of big industries.
For the purpose of analysis, the kinetic tiles market is segmented on the basis of floor mechanism, shape, application and region. On the basis of floor mechanism, the market is classified into piezoelectric, magnetic, generators and static. On the basis of shape, the market is divided into triangle and square. On the basis of application, the market is categorized into footpaths, public spaces, athletics field and courts, dance floors. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Major players operating in the global kinetic tiles market include Pavegen, Energy Floors, POWERleap Inc., ENGOPLANET ENERGY SOLUTIONS LLC, Kinergypower, ECO RENEWABLE ENERGY., Studio Roosegaarde, Global Energy Harvest Co., Ok. Power., Shaw Industries Group, Inc. and others.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the kinetic tiles market analysis from 2021 to 2031 to identify the prevailing kinetic tiles market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the kinetic tiles market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global kinetic tiles market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Floor Mechanism
- Piezoelectric
- Magnetic
- Generators
- Static
By Shape
- Triangle
- Square
By Application
- Footpaths
- Public Spaces
- Athletics Field and Courts
- Dance Floors
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- Spain
- Italy
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- Rest of LAMEA
Key Market Players
- ECO RENEWABLE ENERGY.
- ENGOPLANET ENERGY SOLUTIONS LLC
- Pavegen
- Ok. Power.
- Kinergypower
- studio roosegaarde
- Shaw Industries Group, Inc.
- Energy Floors
- POWERleap Inc.
- Global Energy Harvest Co.
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: KINETIC TILES MARKET, BY FLOOR MECHANISM
CHAPTER 5: KINETIC TILES MARKET, BY SHAPE
CHAPTER 6: KINETIC TILES MARKET, BY APPLICATION
CHAPTER 7: KINETIC TILES MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report titled, “Kinetic Tiles Market," the kinetic tiles market was valued at $28.9 million in 2021, and is estimated to reach $44.0 million by 2031, growing at a CAGR of 4.5% from 2022 to 2031.Kinetic tiles are based on the piezoelectric effect which help in the production of power. Kinetic tiles are fully recyclable pedestrian floor tiles which can be used in pavements and high footfall areas, such as sport arenas, airports, railway stations, shopping malls, and office and apartment blocks. The inventor of kinetic tiles is Laurence Kemball-Cook. In 2009, he launched a company name Pavegen, which specializes in the design and production of kinetic tiles for a variety of uses.
The gradually growing requirement of energy and the limited resource of traditional energy sources are challenging for both developed and developing countries. Kinetic tiles provide a clean, effective, environment-friendly power to outdoor lighting solution. Awareness related to clean energy is increasing in the developing nations boosting the global kinetic tiles market trends in near future.
Energy crisis is the most critical issue facing these developing countries. Renewable energy sources can be an extraordinary method to tackle the energy issue, increasing of energy costs and decreasing of fossil fuels production. Low voltage interior, outdoor lighting products and dance floors are powered by the energy generated by the kinetic tiles. This energy helps in overcoming the constraints which are associated with traditional grid-powered lighting solutions.
Kinetic tiles convert the kinetic energy from the footsteps of pedestrians into renewable electricity. The energy is stored in a lithium polymer battery or directly used to power low-wattage, off-grid applications like street lighting, displays, speakers, alarms, signs, and advertising boards. Strategically placing kinetic tiles in key areas of a city, can help in fulfilling the on-demand lighting, mobile phone charging stations at bus stops and interactive displays which are powered by foot traffic.
Specifically, the kinetic energy related to the human and vehicle motions represents a valuable energy source which is commonly wasted, despite being used to generate electric energy. Globally, technological innovation has increased which booting the kinetic tiles market share in energy harvesting industry. Kinetic tiles assist in converting kinetic energy into electricity, which can illuminate low-voltage lighting solution and help to reduce the emission of carbon gases in environment.
According to kinetic tiles market analysis, footfall is a sustainable energy source for generating electricity without consuming any natural resources. Kinetic tiles do not contribute to any environment pollutions which is booting the kinetic tiles market trends in near future. The main advantage of kinetic tiles is that the product is effective and occupies very less operational area for electricity generation. Kinetic tiles absorb kinetic energy during daytime and nighttime with no impact on environment.
Surge in awareness and promotion of using green energy solution are expected to drive the global kinetic tiles market growth in forecasted period. Off-grid lights are energy-saving, durable, affordable, safe and eco-friendly which is expected to fuel the demand for kinetic tiles size in new construction of pedestrian projects. As per kinetic tiles market forecast, there is an increase in the demand for kinetic tiles in public spaces, clubs and sports auditorium projects as kinetic tiles help lower the expanse of electricity bills. Kinetic tiles come with the several new features of data collection and energy generation which creates kinetic tiles market opportunity in near future.
The kinetic tiles market is segmented on the basis of floor mechanism, shape, application and region. On the basis of floor mechanism, the market is classified into piezoelectric, magnetic, generators and static. On the basis of shape, the market is divided into triangle and square. On the basis of application, the market is categorized into footpaths, public spaces, athletics field and courts, dance floors. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The kinetic tiles market analysis covers in-depth information of the major industry participants. Some of the major players in the kinetic tiles market include Pavegen, Energy Floors, POWERleap Inc., ENGOPLANET ENERGY SOLUTIONS LLC, Kinergypower, ECO RENEWABLE ENERGY., Studio Roosegaarde, Global Energy Harvest Co., Ok. Power., Shaw Industries Group, Inc. and others. Several companies are investing in business expansion, production capacity and agreement in the kinetic tiles market. For instance, In September 2022, KinergyPower decided to sign of an MOU agreement with an Ontario Railway company, for a joint venture to produce and install in the regional rail tracks, a device which will harvest the energy from a moving train. This development will help the company to earn more revenue in near future.
Key Findings of the Study
- On the basis of floor mechanism, piezoelectric segment holds the dominant market share in 2021 in terms of revenue.
- On the basis of shape, triangle segment holds the majority market share in 2021 in terms of revenue.
- On the basis of application, the footpaths segment gained more than 30%share in 2021 in terms of revenue.
- On the basis of region, the Europe region hold significant market share in 2021 in terms of revenue.
Companies Mentioned
- ECO RENEWABLE ENERGY.
- ENGOPLANET ENERGY SOLUTIONS LLC
- Pavegen
- Ok.Power.
- Kinergypower
- studio roosegaarde
- Shaw Industries Group, Inc.
- Energy Floors
- POWERleap Inc.
- Global Energy Harvest Co.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 310 |
| Published | February 2023 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 28.9 million |
| Forecasted Market Value ( USD | $ 44 million |
| Compound Annual Growth Rate | 4.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
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