North America's Energy Harvesting Market was valued at USD 226.2 million in 2024 and is estimated to grow at a CAGR of 8.6% to reach USD 493.5 million by 2034 as industries strive to reduce their dependency on batteries and minimize maintenance costs for wireless devices and remote sensors, the adoption of energy harvesting technologies is accelerating. Government policies supporting renewable energy technologies, along with incentives for carbon neutrality, are driving the shift toward more sustainable practices. This shift is particularly evident in the rise of smart infrastructure and building management systems, and the growing use of IoT devices in sectors like smart cities and healthcare. These energy harvesting systems enable the use of self-powered sensors for real-time data collection, eliminating wires and enhancing scalability.
The development of more energy-efficient materials and miniaturized components is enhancing the performance of energy harvesting systems. As energy conversion rates improve and costs decline, these solutions become more accessible, even to smaller businesses. Additionally, hybrid systems, which combine solar, thermal, and kinetic energy sources, are gaining traction for providing a steady power supply in areas like environmental monitoring and building automation. Adopting these systems is crucial for overcoming energy availability issues and improving reliability in various industries.
The solar energy segment was valued at USD 77.9 million in 2024 and is gaining significant traction due to its increasing applications in outdoor Internet of Things (IoT) devices and automation systems. The energy harvested from solar power is ideal for these devices, offering a sustainable and efficient power source for remote sensors, smart meters, and various environmental monitoring tools. Additionally, advancements in photovoltaic technology have led to greater energy conversion rates and reduced costs, making solar energy a more attractive option for many applications.
On the other hand, the consumer electronics segment was valued at USD 39.4 million in 2024. The appeal of these devices lies in their ability to reduce the need for battery replacements, a significant convenience for consumers. Solar-powered electronics not only help reduce the environmental impact of disposable batteries but offer continuous power, ensuring the devices are always ready for use. As consumers become more environmentally conscious, the demand for solar-powered consumer electronics is likely to rise, boosting the growth of this segment.
U.S. Energy Harvesting Market generated USD 162.9 million in 2024, with solar and vibration energy solutions extensively adopted in various sectors, including smart cities, healthcare, and industrial applications. This surge in adoption is driven by both technological advancements and the growing emphasis on sustainability efforts. The U.S. is home to several innovative companies developing energy harvesting technologies integrate solar power with other energy sources such as vibration and thermal energy.
Key players in the North America Energy Harvesting Market include Azelio, Advanced Linear Devices, Inc., ABB, Allied Scientific Pro, EnOcean, Fujitsu, Honeywell, Mouser Electronics, Mide Technology Corp., Powercast Corporation, Perpetua Power, Qualcomm, Renesas Electronics Corporation, STMicroelectronics, Texas Instruments Incorporated, and ZF Friedrichshafen AG. Companies are focusing on expanding their product portfolios and increasing their technological capabilities. Many are investing heavily in R&D to improve energy conversion efficiency and reduce the costs of energy harvesting devices. Collaboration with government agencies and sustainability-focused organizations is also helping companies enhance their market presence. By introducing hybrid systems that combine different energy sources, companies aim to improve the reliability of energy harvesting solutions in various industries.
This product will be delivered within 2-4 business days.
The development of more energy-efficient materials and miniaturized components is enhancing the performance of energy harvesting systems. As energy conversion rates improve and costs decline, these solutions become more accessible, even to smaller businesses. Additionally, hybrid systems, which combine solar, thermal, and kinetic energy sources, are gaining traction for providing a steady power supply in areas like environmental monitoring and building automation. Adopting these systems is crucial for overcoming energy availability issues and improving reliability in various industries.
The solar energy segment was valued at USD 77.9 million in 2024 and is gaining significant traction due to its increasing applications in outdoor Internet of Things (IoT) devices and automation systems. The energy harvested from solar power is ideal for these devices, offering a sustainable and efficient power source for remote sensors, smart meters, and various environmental monitoring tools. Additionally, advancements in photovoltaic technology have led to greater energy conversion rates and reduced costs, making solar energy a more attractive option for many applications.
On the other hand, the consumer electronics segment was valued at USD 39.4 million in 2024. The appeal of these devices lies in their ability to reduce the need for battery replacements, a significant convenience for consumers. Solar-powered electronics not only help reduce the environmental impact of disposable batteries but offer continuous power, ensuring the devices are always ready for use. As consumers become more environmentally conscious, the demand for solar-powered consumer electronics is likely to rise, boosting the growth of this segment.
U.S. Energy Harvesting Market generated USD 162.9 million in 2024, with solar and vibration energy solutions extensively adopted in various sectors, including smart cities, healthcare, and industrial applications. This surge in adoption is driven by both technological advancements and the growing emphasis on sustainability efforts. The U.S. is home to several innovative companies developing energy harvesting technologies integrate solar power with other energy sources such as vibration and thermal energy.
Key players in the North America Energy Harvesting Market include Azelio, Advanced Linear Devices, Inc., ABB, Allied Scientific Pro, EnOcean, Fujitsu, Honeywell, Mouser Electronics, Mide Technology Corp., Powercast Corporation, Perpetua Power, Qualcomm, Renesas Electronics Corporation, STMicroelectronics, Texas Instruments Incorporated, and ZF Friedrichshafen AG. Companies are focusing on expanding their product portfolios and increasing their technological capabilities. Many are investing heavily in R&D to improve energy conversion efficiency and reduce the costs of energy harvesting devices. Collaboration with government agencies and sustainability-focused organizations is also helping companies enhance their market presence. By introducing hybrid systems that combine different energy sources, companies aim to improve the reliability of energy harvesting solutions in various industries.
Comprehensive Market Analysis and Forecast
- Industry trends, key growth drivers, challenges, future opportunities, and regulatory landscape
- Competitive landscape with Porter’s Five Forces and PESTEL analysis
- Market size, segmentation, and regional forecasts
- In-depth company profiles, business strategies, financial insights, and SWOT analysis
This product will be delivered within 2-4 business days.
Table of Contents
Chapter 1 Methodology & Scope
Chapter 2 Industry Insights
Chapter 3 Competitive landscape, 2024
Chapter 4 Market Size and Forecast, by Source, 2021-2034 (USD Million)
Chapter 5 Market Size and Forecast, by Component, 2021-2034 (USD Million)
Chapter 6 Market Size and Forecast, by End Use, 2021-2034 (USD Million)
Chapter 7 Market Size and Forecast, by Country, 2021-2034 (USD Million)
Chapter 8 Company Profiles
Companies Mentioned
The companies featured in this North America Energy Harvesting market report include:- Azelio
- Advanced Linear Devices, Inc.
- ABB
- Allied Scientific Pro
- EnOcean
- Fujitsu
- Honeywell
- Mouser Electronics
- Mide Technology Corp.
- Powercast Corporation
- Perpetua Power
- Qualcomm
- Renesas Electronics Corporation
- STMicroelectronics
- Texas Instruments Incorporated
- ZF Friedrichshafen AG
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 128 |
| Published | May 2025 |
| Forecast Period | 2024 - 2034 |
| Estimated Market Value ( USD | $ 226.2 Million |
| Forecasted Market Value ( USD | $ 493.5 Million |
| Compound Annual Growth Rate | 8.6% |
| Regions Covered | North America |
| No. of Companies Mentioned | 17 |
