Global Energy Harvesting System Market Size To Exceed USD 1.61 Billion By 2035 | CAGR of 10.26%
Category: Energy & PowerGlobal Energy Harvesting System Market Size To Exceed USD 1.61 Billion By 2035
According to a research report published by Spherical Insights & Consulting, The Global Energy Harvesting System Market Size is Expected to Grow from USD 0.55 Billion in 2024 to USD 1.6 Billion by 2035, at a CAGR of 10.26% during the forecast period 2025-2035.
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Browse 210 Market Data Tables and 45 Figures Spread Through 190 Pages and In-Depth TOC On the "Global Energy Harvesting System Market Size, Share, and COVID-19 Impact Analysis, By Energy Source (Thermal, Vibration & Kinetic Energy, Solar, and Others), By Component (Transducers, Power Management, Storage Devices, and Others), and by Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035. " Detailed Report Decription Here: https://www.sphericalinsights.com/reports/global-energy-harvesting-system-market
The energy harvesting system market refers to technologies that capture ambient energy from sources such as solar, thermal, vibration, and radio frequency and convert it into usable electrical power. These systems enable low-power, battery-free operation of devices, particularly in IoT sensors, wireless networks, and smart infrastructure. Market growth is driven by the rising adoption of IoT devices, increasing demand for sustainable and energy-efficient solutions, and the need to reduce battery maintenance and replacement costs. Expanding applications in industrial automation, healthcare monitoring, smart buildings, and remote sensing further support market expansion. However, market growth is restrained by low power output levels, high initial implementation costs, energy intermittency, and technical challenges related to storage, efficiency, and system integration across diverse operating environments.
The solar segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the energy source, the energy harvesting system market is divided into thermal, vibration & kinetic energy, solar, and others. Among these, the solar segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. The solar segment dominates the market owing to widespread sunlight availability, superior energy conversion efficiency, minimal maintenance needs, and strong adoption across IoT devices, wearables, and smart infrastructure.
The power management segment accounted for the highest market revenue in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the component, the energy harvesting system market is divided into transducers, power management, storage devices, and others. Among these, the power management segment accounted for the highest market revenue in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. The power management segment leads the market because of its critical role in optimizing energy conversion, stabilizing voltage, and enhancing energy storage efficiency.
North America is expected to hold the majority share of the energy harvesting system market over the predicted timeframe.
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North America is expected to hold the majority share of the energy harvesting system market over the predicted timeframe. North America is anticipated to lead the energy harvesting system market, driven by early adoption of advanced technologies, a strong base of IoT and wearable device manufacturers, and substantial investments in smart infrastructure.
Asia Pacific is anticipated to grow at the fastest pace in the energy harvesting system market during the forecast period. Asia Pacific is expected to register a fast CAGR, supported by expanding industrial automation, growing IoT adoption, and rapid urbanization. A strong manufacturing base, rising investments in smart city projects, and government initiatives promoting renewable energy and energy-efficient technologies across China, India, and Southeast Asia are further accelerating regional market growth.
Major vendors in the global energy harvesting system market are, STMicroelectronics, Microchip Technology Inc., Texas Instruments Incorporated, Analog Devices, Inc., Infineon Technologies AG, Renesas Electronics Corporation, EnOcean GmbH, ABB, Honeywell International Inc., Qorvo, Inc., Asahi Kasei Microdevices, Fraunhofer IIS, Kinetron, Ambient Photonics, Powercast, and Sony Semiconductor Solutions Corporation.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In May 2025, Asahi Kasei Microdevices has launched power management ICs designed for energy-harvesting applications, enabling efficient charging and discharging of rechargeable batteries used in IoT sensors, remote controls, and Bluetooth trackers.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the energy harvesting system market based on the below-mentioned segments:
Global Energy Harvesting System Market, By Energy Source
- Thermal
- Vibration & Kinetic Energy
- Solar
- Others
Global Energy Harvesting System Market, By Component
- Transducers
- Power Management
- Storage Devices
- Others
Global Energy Harvesting System Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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