New York, July 21, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Energy Harvesting System Market by Technology, Component, PMICs, Secondary Batteries) – Global Forecast to 2028” – https://www.reportlinker.com/p05009192/?utm_source=GNWBy technology, the energy harvesting system market has been segmented into light energy harvesting, vibration energy harvesting, radio frequency (RF) energy harvesting, and thermal energy harvesting.The vibration energy harvesting segment is expected to grow at the high CAGR during the forecast period.Building & home automation segment to grow at high CAGR during the forecast period.Building & home automation technologies offer wireless, smart, and intelligent control over home electronics.North America to hold a major market share of the energy harvesting system market during the forecast period” North America is expected to hold a major market share for energy harvesting system market during the forecast period.The energy harvesting system market in North America has experienced significant growth in recent years and is expected to continue expanding in the years ahead.Extensive primary interviews were conducted with key industry experts in the energy harvesting system market space to determine and verify the market size for various segments and subsegments gathered through secondary research. The break-up of primary participants for the report has been shown below:• By Company Type: Tier 1 – 30%, Tier 2 – 10%, and Tier 3 – 60%
• By Designation: C Level – 20%, Director Level – 20%, Others-50%
• By Region: North America – 30%, Europe – 40%, Asia Pacific – 20%, ROW- 10%Key Benefits of Buying the Report The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall energy harvesting system market and the subsegments.This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies.• Analysis of key drivers (Rising environmental concerns, Miniaturization and flexibility requirements, Integration of IoT devices in energy harvesting systems for building and home automation, Favorable government initiatives, Growing preference for wireless sensor networks equipped with energy harvesting systems), restraints (Geographic and environmental constraints, Limitations of remotely installed networking modules), opportunities (Emergence of smart cities, Adoption of sensors in wearable electronics, Use of human energy harvesting for implantable biomedical devices, Ocean energy harvesting) and challenges (Limitations associated with integrating energy harvesting systems into existing infrastructure, Standardization of communications protocols, Damages caused to energy harvesting devices by surrounding environments) influencing the growth of the energy harvesting system market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the energy harvesting system market.
• Market Development: Comprehensive information about lucrative markets – the report analysis the energy harvesting system market across varied regions
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the energy harvesting system market
• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like STMicroelectronics (Switzerland), Microchip Technology Inc. (US), Texas Instruments Incorporated (US), Analog Devices, Inc. (US), Infineon Technologies AG (Germany), among others in the energy harvesting system market.
Read the full report: https://www.reportlinker.com/p05009192/?utm_source=GNWReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
(GlobeNewsWire)