Energy Harvesting Market worth $1894.87 Million by 2017

December 3, 2013
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According to a new market research report, “Energy Harvesting Market- Global Forecast and Analysis (2012-2017) By Technology, Application Geography
published by MarketsandMarkets, the total
market is expected to reach $1894.87 million by 2017, at a CAGR of
24.31%.

Browse 70 tables spread across 186 pages and in-depth TOC on “Energy
Harvesting Market – Global Forecast Analysis (2012 – 2017) By
Technology (Light, Thermoelectric, Vibration, Electromagnetic, Fluid
Others), Application (Aerospace Military, Consumer
Electronics, Building Home Automation, Wireless Sensor Networks,
Industrial/Manufacturing, Bicycle Dynamo) Geography”.
http://www.marketsandmarkets.com/Market-Reports/energy-harvesting-market-734.html
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In developing economies, it is necessary to curb on
the increasing operating cost and other energy-related cost In order to
utilize the natural resources and reduce the overall cost, it has become
mandatory to harvest the ambient energy available at a free scale and
extract it for commercial applications. Thus, energy harvesting is
becoming the crucial technique to harvest the ambient energy. The major
driving factors for energy harvesting market are energy saving,
increasing government support, and changing technology trends. Energy
harvesting technique is useful in scavenging solar energy, vibration,
motion, electromagnetic, motion, fluid, etc. This report covers most of
the types of energy harvesting like light, thermoelectric, vibration,
electromagnetic, fluid, motion, and others.

In the present scenario, energy harvesting can be
useful in various application areas such as consumer electronics,
industrial, building and home automation, military and aerospace,
wireless sensor network (WSN), automotive, bicycle dynamo, and others.
Consumer electronics is widely exposed to the energy harvesting
technology. Energy harvesting technique is used to charging up the
devices like mobile, watch, mp3 players, etc. Building and home
automation is one of the fastest growing application areas and energy
harvesting is the mainstream technology in this area. A wireless sensor
network is also the key application area for energy harvesting
technique.

Global energy harvesting market is expected to reach
$1894.87 million by 2017, at an estimated CAGR of 24.31%. Europe is
leading the total energy harvesting technology market; followed by North
America and APAC. In the market of ROW, Middle East, and Africa are the
largest contributors.

Electroactive polymers (EAPs) have been proposed for
harvesting energy. These polymers have a large strain, elastic energy
density, and high energy conversion efficiency. The total weight of
systems based on EAPs is proposed to be significantly lower than those
based on piezoelectric materials.

Nanogenerators, such as the one made by Georgia Tech,
could provide a new way for powering devices without batteries. As of
2008, it only generates some dozen nanowatts, which is too low for any
practical application.

Noise harvesting NiPS Laboratory in Italy has
recently proposed to harvest wide spectrum low scale vibrations via a
nonlinear dynamical mechanism that can improve harvester efficiency up
to a factor 4 compared to traditional linear harvesters.

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Article source: http://www.international.to/index.php?option=com_content&view=article&id=18780:energy-harvesting-market-worth-$1894-87-million-by-2017&catid=309:pitchengine&Itemid=446

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