Mar 1, 2019   SOURCE: BusinessWire

Global Vibration Energy Harvesting Systems Market Opportunities, 2019-2024 - STMicroelectronics, Honeywell International, Fujitsu and Convergence Wireless are Dominating - ResearchAndMarkets.com

The "Global Vibration Energy Harvesting Systems Market By Product, By Application, By Region, By Company, Competition, Forecast & Opportunities, 2024" report has been added to ResearchAndMarkets.com's offering.

The global vibration energy harvesting systems market is anticipated to reach $183 million by 2024, on account of increasing demand for power-efficient and durable systems that require minimum or no maintenance.

Extensive implementation of IoT devices in automation and energy harvesting technology in building and home automation, in addition to increasing focus on green energy and favorable government initiatives, are expected to positively influence the global vibration energy harvesting systems market in coming years.

Field of vibration energy harvesting has intrigued noteworthy significance for low power and portable energy sources, credited to fast advancement and mass utilization of portable electronic gadgets. Such energy harvesting systems are registering massive growth, on account of growing desire to create portable and wireless electronic gadgets with extended lifetime. Vibration energy harvesting is an inexhaustible and clean energy scavenging source that is dynamically gaining traction across the world.

Such systems are utilized in areas of independent low power microsystems, self-powered wireless sensor systems, portable energy sources, distributed computing and others to renew or supplant traditional power sources, for example, battery. Advancements in vibration energy harvesting systems enable to capture, store and deal with specific measures of motion energy, converting them into electrical energy to supply low-power gadgets or store it for later use.

In terms of application, the global vibration energy harvesting systems market has been categorized into consumer electronics, building & home automation, industrial, transportation and security. The consumer electronics category accounted for major share of the global vibration energy harvesting systems market in 2018. The growth of the consumer electronics category is being majorly driven by rising demand for wireless sensing devices and low-power portable electronics without external power supply.

Presence of vibration energy harvesting systems in the healthcare sector is marginal; however, it is expected to witness a healthy growth during the forecast period. Vibration energy harvesting innovations present important social advantages when applied to the healthcare sector. Many associations are as of now currently working with developing an automated pacemaker that will convert kinetic energy from the pulsating of the human heart into electrical energy. The gadget would empower self-charging systems by the body's vibration.

North America vibration energy harvesting systems market accounted for a major share of the global market in 2018, owing to high penetration of vibration energy harvesting systems in industrial sectors such as healthcare, transportation, consumer electronics, security and others.

The European market for vibration energy harvesting systems emerged as the second largest in the world in 2018, on account of favorable government policies across various countries in the region. Moreover, the European Commission is promoting the industry with incentives and investments in R&D of energy harvesting and storage devices, thereby driving the market growth in the region.

Global vibration energy harvesting systems market is highly competitive in nature. Most of the market players are focusing on technological advancements of the product to specialize in unequivocal application zones. Various players and new businesses are anticipated to penetrate the market notwithstanding the substantial investments required to enter the market, due to the appealing growth opportunities.

Some of the major players operating in the global vibration energy harvesting systems market are STMicroelectronics N.V., Honeywell International Inc., Fujitsu Ltd. and Convergence Wireless Inc.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020-2024

Objective of the Study:

  • To analyze and forecast the global vibration energy harvesting systems market size.
  • To forecast the global vibration energy harvesting systems market based on product, application and regional distribution.
  • To identify drivers and challenges for the global vibration energy harvesting systems market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global vibration energy harvesting systems market.
  • To conduct the pricing analysis for the global vibration energy harvesting systems market.
  • To identify and analyze the profile of leading players operating in the global vibration energy harvesting systems market.

Topics Covered

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer

4.1. Brand Awareness

4.2. Brand Recall

4.3. Brand Satisfaction

4.4. Factors Influencing Purchase Decision

4.5. Challenges/Issues Faced Post Purchase

4.6. Unmet Needs

5. Global Vibration Energy Harvesting Systems Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Product (Linear Systems, Non-linear Systems, Rotational Systems)

5.2.2. By Application (Consumer Electronics, Building & Home Automation, Industrial, Transportation, Healthcare, Others)

5.2.3. By Company

5.2.4. By Region

5.3. Market Attractiveness Index

6. Asia-Pacific Vibration Energy Harvesting Systems Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Product

6.2.2. By Application

6.2.3. By Country

6.3. Market Attractiveness Index

6.4. Asia-Pacific: Country Analysis

6.4.1. China Vibration Energy Harvesting Systems Market Outlook

6.4.2. India Vibration Energy Harvesting Systems Market Outlook

6.4.3. Japan Vibration Energy Harvesting Systems Market Outlook

7. Europe Vibration Energy Harvesting Systems Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Product

7.2.2. By Application

7.2.3. By Country

7.3. Market Attractiveness Index

7.4. Europe: Country Analysis

7.4.1. France Vibration Energy Harvesting Systems Market Outlook

7.4.2. Germany Vibration Energy Harvesting Systems Market Outlook

7.4.3. United Kingdom Vibration Energy Harvesting Systems Market Outlook

8. North America Vibration Energy Harvesting Systems Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Product

8.2.2. By Application

8.2.3. By Country

8.3. Market Attractiveness Index

8.4. North America: Country Analysis

8.4.1. United States Vibration Energy Harvesting Systems Market Outlook

9. South America Vibration Energy Harvesting Systems Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Product

9.2.2. By Application

9.2.3. By Country

9.3. Market Attractiveness Index

9.4. South America: Country Analysis

9.4.1. Brazil Vibration Energy Harvesting Systems Market Outlook

10. Pricing Analysis

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

13. Competitive Landscape

13.1. Competition Outlook

13.2. Company Profiles

13.2.1. Basic Details

13.2.2. Financials (As Reported)

13.2.3. Supply Chain Analysis

13.2.4. Key Market Focus and Geographical Presence

13.2.5. Planned Investments

13.2.6. Pricing of Target Products

13.2.7. Market Positioning

13.3. Global Players Profiled (Leading Companies)

15.3.1 Cymbet Corporation

15.3.2 STMicroelectronics N.V.

15.3.3 Microchip Technology Inc.

15.3.4 EnOcean GmbH

15.3.5 ABB Ltd.

15.3.6 Texas Instruments Inc.

15.3.7 Honeywell International Inc.

15.3.8 Fujitsu Ltd.

15.3.9 Convergence Wireless Inc.

15.3.10 Powercast Corporation

14. Strategic Recommendations

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