Transparency Market Research includes new market research report "Energy Harvesting Market And Energy Storage Market" to its huge collection of research reports.
The report on the energy harvesting market and energy storage market throws light on the quantitative and qualitative aspects that will help market players plan their growth strategies, financial models, and marketing initiatives. The energy harvesting and energy storage market is composed of numerous types of technologies and their applications, all of which are studied in detail in this report. The report also endeavors to study the market from a global perspective, before drilling down to the various regional markets and their growth potential.
Vital parameters of the energy harvesting market and energy storage market are: growth opportunities, restraints, technological advancements, laws and regulations, consumer trends, and competitive dynamics (including new entrants or mergers and acquisitions).
The report also comprises a Company Profiles section that enumerates leading market players and discusses their growth strategies, SWOTs, financial standing, product pipeline, and other details.
Overview of the Energy Harvesting Market and Energy Storage Market
The process of energy harvesting essentially entails collecting energy from a specific source and converting this energy into the electrical form, which can further used for powering various devices. Energy can be harvested from a myriad of sources such as heat, light, electromagnetic waves, and vibration. It is possible to bypass the usage of batteries in the energy harvesting process. Devices that can be powered using energy harvesting and energy storage techniques include laptops, wristwatches, satellites, mobile phones, everyday consumer electronics (calculators, piezo lighters, e-books etc), as well as high-tech military and medical devices. The energy harvesting and energy storage market holds solutions that can make many of these devices entirely self-sufficient.
Given the wide applicability of energy harvesting and energy storage technologies, it is evident that this market will gain traction in the coming years. This holds true especially in the backdrop of a growing emphasis on new and green energy sources.
There is no disputing the fact that energy harvesting and energy storage technologies can change the very future of vehicles and power distribution and consumption. However, the one segment that is really thriving in this market is that of consumer electronics. Numerous energy harvesters have been integrated with consumer electronics, and the encouraging results are driving the growth of the energy harvesting and energy storage market further.
Other names for energy harvesting are energy scavenging (which is composed of electrodynamics, photovoltaics, piezo electrics, and thermovoltaics) as well as power harvesting. All of these little advancements have driven the market to a tipping point and the next few years will prove to be decisive for the energy harvesting market and energy storage market.
Many energy harvesters can now supplement practical applications such as wind-up laptops for use in remote regions, wireless light switches that derive energy from the ‘switch on' ‘switch off' actions, and many more such innovative ideas. The potential for further energy harvesting and energy storage breakthroughs in home and vehicle automation, industrial equipment, defense and aerospace, and construction sector is massive. On account of all these factors, the energy harvesting and energy storage market is expected to expand at a CAGR of about 24% between 2011 and 2017.
By technology, the report segments the energy harvesting and energy storage market as: motion, electromagnetic, vibration, thermoelectric, fluid, and others.
Similarly, the report also segments the energy harvesting market and energy storage market by application as: automotive, military, aerospace, consumer electronics, home and building automation, industrial, and others.
Companies mentioned in the energy harvesting market and energy storage market
The energy harvesting market and energy storage market features the following leading players: Texas Instruments, Micropelt, Microstrain, Cymbet, Linear Technology, and others.