Energy harvesting system market: Regional Insights
North America is anticipated to witness significant growth in the global energy harvesting systems market during the forecast period. This is owing to high adoption of advanced technologies in the region such as Industrial Internet of Things (IoT), compared to any other region. Moreover, technology companies and cloud service providers in the region continue to adopt strategic collaboration, which further generates various opportunities to connect more various equipment to Industrial IoT. Along with this, the region shows highest automation adoption in all the industries. These factors are thus expected to fuel growth of the global energy harvesting systems market during the forecast period.
Moreover, Asia Pacific is also projected to show strong growth in the global energy harvesting systems market during the forecast period due to presence of major developing countries such as Japan, China, and India, among others. The major applications of energy harvesting in the region are in different sectors such as industrial, consumer electronics, home automation, and transportation. Moreover, the adoption energy harvesting solutions is increasing in building and smart home devices in the region. This is further anticipated to augment growth of the market across Asia Pacific.
Energy Harvesting Systems Market Report Snapshots
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