The process of transforming ambient energy into a form that may be used to power devices is known as energy harvesting systems. This comprises kinetic energy derived from motion or vibrations in nature, as well as solar and thermal energy.Technology developments and a rising need for energy-efficient gadgets are the primary drivers of the market for Energy Harvesting Systems. Future market expansion is also anticipated to be supported by the increased usage of smart homes and the Internet of Things (IoT). The industry is also being driven by improved government measures to create a greener environment and increased awareness of energy conservation.
The global Energy Harvesting Systems Market size was valued at US$ 530.6 million in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 7.5% from 2023 to 2030
Leading Companies in the Energy Harvesting Systems Industry:
1. Microchip Technology Inc
Microchip Technology Inc founded in 1989 and its headquarters Chandler, Arizona, United States. The company operates in 100 countries. In 2018 Microchip announced from the Embedded Systems Conference in San Jose, Calif. its next-generation, open-source integrated
2. Cypress Semiconductor Corporation
Cypress Semiconductor Corporation founded in 1982, and its Headquarters located in San Jose, California, United States. The company operates in 100 nations.
3. EPeas SA
EPeas SA was launch in 2014 and it’s headquarter located Amsterdam.it operate over 150 country. In 2022, E-Peas SA and Energous Corporation announced the launch of a new Wireless Energy Harvesting Evaluation Kit, developed for energy harvesting
4. Texas Instruments Incorporated
Texas Instruments Incorporated was launch in 1930 and it’s headquarter, Dallas, Texas, United States..it operate over 50 country.
5. EnoCean GmbH
EnoCean GmbH was founded 2001 with its headquarters in Oberhaching, near Munich. With businesses in over 60 countries.
6. STMicroelectronics
STMicroelectronics was launch in 1987. And its headquarter - Geneva, Switzerland. It operate over 40 country. STMicroelectronics showcases technology for smarter mobility, energy efficiency, and industrial applications at electronica 2022.
7. ABB Limited
ABB Limited holding A/c founded in 1988 and it’s headquarter located Zürich, Switzerland.It operate over 26 country. ABB today announced that its E-mobility division has agreed to acquire a controlling stake in Numocity.
*Definition- Energy Harvesting Systems is the process of converting ambient energy into a form that can be used to power electronics. This includes solar and thermal energy, as well as kinetic energy from movement or vibrations in nature.