Submitted by: Submitted by Monica2016
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Category: Business and Industry
Date Submitted: 10/18/2016 07:38 AM
Global Energy
Harvesting Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2014 – 2020
Future Market Insights
www.futuremarketinsights.com
sales@futuremarketinsights.com
ReportDescription
Report Description
Energy harvesting, one of the most promising technologies to address the energy crises without altering the
existing energy sources, is foreseen to witness staggering demand and innovation in the near future. The
process of energy harvesting harnesses the power of ambient energy to use later in varied applications. With
growing use of ambient energy and advent of the energy harvesting technology, the energy harvesting
market is currently heading at a considerable pace globally.
FMI’ extensive research indicates that the global energy harvesting market is anticipated to gain momentum
and grow at a double-digit CAGR by 2020 end. A number of newly innovated efficient energy applications
and widespread acceptance of renewable energy sources are expected to play a vital role in the growth of
the global energy harvesting market during the forecast period 2014-2020.
Key Drivers: Energy Harvesting Market
During the past decade, there has been growing demand for safe, power efficient, and enduring systems,
which require minimum or no maintenance. This is a major driver of market growth, expected to continue
pushing the demand for devices based on the energy harvesting technology. Growing applications of the
energy harvesting technology in building and home automation is another key driver to the market growth.
Moreover, industrial WSN demand energy harvesting on a large scale, which is expected to continue during
the forecast period as well. The green energy trend is effectively governing the market, while favourable
initiatives by various governments are also boosting the market on a global level.
Abundance of renewable energy sources, including tidal, wind, and ocean energy provide a...