Global Energy Harvesting Market Anticipated to Grow from USD 290.4 billion in 2016 to Reach USD 942.0 Billion by 2024
According to Goldstein Research, global energy harvesting market is expected to reach USD 942.0 billion by 2024 from USD 290.4 billion in 2016, growing at a CAGR of 15.84% over the forecast period 2016-2024. Rising demand for power efficient and safe wireless networks mainly in the industrial sector, building and home automation are the major drivers for the growth of energy harvesting market. energy harvesting market Global energy harvesting market segmentation has been done on the basis of technology type, system type, end user and geography. Based on technology type, light energy harvesting technology is the most attractive and dominating segment along with 28% market share of the global energy harvesting market in 2016. Global energy harvesting market is largely dominated by Europe with a market share of 35.0% in 2016. In Europe, 6.6 million smart home systems were deployed in the year 2015 and are expected to witness a significant growth during the forecast period. Asia-Pa...