MEMS Energy Harvesting Devices Market | Industry Forecast and Key Vendors
Key Drivers and Market Trends
The Global MEMS Energy Harvesting Devices Market is likely to grow by $ 51.72 million, accelerating at a CAGR of 6.49% till 2026. Several factors such as increasing usage instead of other alternatives such as micro batteries and use in monitoring devices and sensors will drive market growth. For instance the use of MEMS energy-powered switches instead of conventional ones leads to reduced leakage of current, thereby improving the overall efficiency of switches.
This research report lists all the growth drivers that are likely to boost market growth along with a detailed analysis of the market segments, trends and challenges that are likely to impact market growth. The goal of this research report is to furnish clients with insights that will help them leverage growth opportunities to implement business growth.
Request for our free sample report for more market insights:
MEMS Energy Harvesting Devices Market: Segments and Geographical Regions
- This report segments the market Application (Building and home automation, Industrial, Consumer electronics, Defense, and Others) and Geography (Europe, North America, APAC, MEA, and South America).
- 36% of the market growth will originate from North America during the forecast period.
- Growth by the building and home automation segment will be significant during the forecast period. The growth is attributed to the significant increase in usage of smart home devices for efficient control of lighting, heating, shading, ventilation. For instance, wireless switches of leading companies such as General Electric Company, Teleco Automation Srl, Belkin International, Inc., and Eaton Corporation PLC are being used for home automation purposes.
- This research report will provide insights into the current market share of each segment along with growth projections for the next five years. Request our Free Sample Report
MEMS Energy Harvesting Devices Market: Vendor Analysis
- The market is fragmented due to the presence of several players.
- The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
- ABB Ltd., Analog Devices Inc., Cymbet Corp., EH 4 GmbH, EnOcean GmbH, Fujitsu Ltd., Holst Centre, Lam Research Corp., Parker Hannifin Corp., and STMicroelectronics NV are some of the major market participants.
Market Segmentation by Application
-
- MEMS Energy Harvesting Devices Market Split by Application
- Building and home automation
- Industrial
- Consumer electronics
- Defense
- Others
- MEMS Energy Harvesting Devices Market Split by Geography
- Europe
- North America
- APAC
- MEA
- South America
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- ABB Ltd.
- Analog Devices Inc.
- Cymbet Corp.
- EH 4 GmbH
- EnOcean GmbH
- Fujitsu Ltd.
- Holst Centre
- Lam Research Corp.
- Parker Hannifin Corp.
- STMicroelectronics NV
Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations. For more insights on this market: Download a Free Sample Report
Browse through some of other related market research reports for more insights:
- Solar Energy Market in Czech Republic: Decelerating at a CAGR of 6.45%, the solar energy market in Czech Republic is expected to post an incremental growth of 1.74 TWh units over the next five years.
- Solar Photovoltaic Services Market: Technavio’s Solar Photovoltaic Services Market is set to grow by $ 13.66 bn, and the market will be progressing at a CAGR of 16.64% till 2025.
- Solar Hybrid Inverter Market: Technavio has been monitoring the global solar hybrid inverter market and it is expected to grow by $ 76.44 million, accelerating at a CAGR of almost 10% during the forecast period.
- Smart Buildings Market: Accelerating at a CAGR of 13.36%, the smart buildings market is expected to post an incremental growth of $ 64439.57 million over the next five years
- Smart Energy Market: The smart energy market will grow by $ 591.26 bn, fragmented at a CAGR of about 23% over the next five years.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of 6.49%.
- What is the incremental growth of the market?
The market is expected to grow by $ 51.72 mn through 2022-2026.
- What is a key factor driving this market?
increasing usage over alternatives such as micro batteries will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
Europe, North America, APAC, MEA, and South America are the key regions featured in this research report.
- Which is the leading geographic region for this market:
36% growth will originate from North America
- Who are the leading market vendors?
The leading vendors in this market are ABB Ltd., Analog Devices Inc., Cymbet Corp., EH 4 GmbH, EnOcean GmbH, Fujitsu Ltd., Holst Centre, Lam Research Corp., Parker Hannifin Corp., and STMicroelectronics NV
- What are the market segments covered in this report?
The market is segmented by Application (Building and home automation, Industrial, Consumer electronics, Defense, and Others) and Geography (Europe, North America, APAC, MEA, and South America)
