Market Overview:
The global piezoelectric energy harvesting market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for renewable energy sources and the rising awareness about environmental conservation. In addition, the growing adoption of piezoelectric energy harvesting in various applications is also contributing to the growth of this market. On the basis of type, Piezoelectric Generation accounted for a major share of the global piezoelectric energy harvesting market in 2017. This segment is expected to maintain its dominance during the forecast period owing to its high efficiency and low cost as compared with other types of renewable energy sources such as solar and thermoelectric generation.
Product Definition:
Piezoelectric energy harvesting is the process of converting kinetic energy into electrical energy through the use of piezoelectric materials. These materials generate a voltage when they are deformed, which can be harnessed to power devices or recharge batteries. Piezoelectricity has a number of potential applications, including powering sensors and wireless communication devices, as well as charging batteries in electric vehicles and consumer electronics.
Piezoelectric Generation:
Piezoelectric generation is the conversion of energy from the mechanical stress or deformation of a solid-state piezoelectric material. Piezoelectric materials are used in various end-use industries including renewable energy, electronics, automotive and healthcare. The major driving factors for global piezoelectronic market include rising demand for efficient power generation sources and growing usage in biosensors & bioelectric devices along with other applications such as communications & memory storage devices.
Solar Power Generation:
Solar power generation is the conversion of solar energy into electricity. It can be done using photovoltaic cells, concentrated solar power (CSP), and thermal storage. The global CSP market size was valued at USD 22 billion in 2016 and is expected to grow at a compound annual growth rate (CAGR) of 12% from 2017 to 2024.
Application Insights:
Consumer electronics was the largest application segment in 2016 and is expected to witness significant growth over the forecast period. The growing demand for smartphones, tablets, laptops and other electronic devices has led to an increased use of piezo electric generators in product manufacturing.
Building & home automation is also one of the major applications driving market growth. Piezo electric actuators are used as door openers, window openers, security systems controllers and many more products integrated with smart homes technology. Increasing adoption of smart appliances across various regions coupled with rising consumer awareness regarding energy harvesting opportunities is expected to drive this segment over the forecast period.
Transportation sector emerged as a dominant application segment owing to extensive usage of piezoelectric generators for vehicle soundproofing applications along with its increasing use in hybrid vehicles for power assistance steering among others Things To Know Before investing In The Market Growth Stoppers (TTKs).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of manufacturers, which makes it an attractive destination for investors. China is one of the largest consumers of power as it processes huge volumes of industrial data from various end-use industries such as metal processing, oil & gas, food & beverage, pharmaceuticals among others. This energy harvesting technology can be used to provide continuous power supply during peak demand hours thus reducing reliance on conventional sources that consume significant amounts of fossil fuels. Europe accounted for more than 25% share in terms of revenue in 2017 owing to growing adoption by several end-use industries such as consumer electronics and building and home automation applications across countries including Germany, France Italy Spain U.K.
Growth Factors:
- Increasing demand for energy-efficient and green technologies
- Rising awareness about the benefits of piezoelectric energy harvesting
- Growing number of applications for piezoelectric energy harvesting
- Technological advancements in piezoelectric materials and devices
- Rising demand from emerging economies
Scope Of The Report
Report Attributes
Report Details
Report Title
Piezoelectric Energy Harvesting Market Research Report
By Type
Piezoelectric Generation, Solar Power Generation, Thermoelectric Generation
By Application
Consumer Electronics, Building and Home Automation, Transportation, Industrial, Others
By Companies
Boeing, Honeywell, ITT, Microstrain, Smart Material, Arveni, Cymbet Corporation, Digikey, Texas Instruments Incorporated
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Piezoelectric Energy Harvesting Market Report Segments:
The global Piezoelectric Energy Harvesting market is segmented on the basis of:
Types
Piezoelectric Generation, Solar Power Generation, Thermoelectric Generation
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Electronics, Building and Home Automation, Transportation, Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Boeing
- Honeywell
- ITT
- Microstrain
- Smart Material
- Arveni
- Cymbet Corporation
- Digikey
- Texas Instruments Incorporated
Highlights of The Piezoelectric Energy Harvesting Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Piezoelectric Generation
- Solar Power Generation
- Thermoelectric Generation
- By Application:
- Consumer Electronics
- Building and Home Automation
- Transportation
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Piezoelectric Energy Harvesting Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Piezoelectric energy harvesting is a technology that uses the piezoelectric effect to convert mechanical energy into electrical energy. Piezoelectric materials generate an electric charge when subjected to mechanical stress or pressure. This charge can be used to power devices, sensors, and actuators.
Some of the major players in the piezoelectric energy harvesting market are Boeing, Honeywell, ITT, Microstrain, Smart Material, Arveni, Cymbet Corporation, Digikey, Texas Instruments Incorporated.
The piezoelectric energy harvesting market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Piezoelectric Energy Harvesting Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Piezoelectric Energy Harvesting Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Piezoelectric Energy Harvesting Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Piezoelectric Energy Harvesting Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Piezoelectric Energy Harvesting Market Size & Forecast, 2018-2028
4.5.1 Piezoelectric Energy Harvesting Market Size and Y-o-Y Growth
4.5.2 Piezoelectric Energy Harvesting Market Absolute $ Opportunity
Chapter 5 Global Piezoelectric Energy Harvesting Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Piezoelectric Energy Harvesting Market Size Forecast by Type
5.2.1 Piezoelectric Generation
5.2.2 Solar Power Generation
5.2.3 Thermoelectric Generation
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Piezoelectric Energy Harvesting Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Piezoelectric Energy Harvesting Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Building and Home Automation
6.2.3 Transportation
6.2.4 Industrial
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Piezoelectric Energy Harvesting Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Piezoelectric Energy Harvesting Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Piezoelectric Energy Harvesting Analysis and Forecast
9.1 Introduction
9.2 North America Piezoelectric Energy Harvesting Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Piezoelectric Energy Harvesting Market Size Forecast by Type
9.6.1 Piezoelectric Generation
9.6.2 Solar Power Generation
9.6.3 Thermoelectric Generation
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Piezoelectric Energy Harvesting Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Building and Home Automation
9.10.3 Transportation
9.10.4 Industrial
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Piezoelectric Energy Harvesting Analysis and Forecast
10.1 Introduction
10.2 Europe Piezoelectric Energy Harvesting Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Piezoelectric Energy Harvesting Market Size Forecast by Type
10.6.1 Piezoelectric Generation
10.6.2 Solar Power Generation
10.6.3 Thermoelectric Generation
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Piezoelectric Energy Harvesting Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Building and Home Automation
10.10.3 Transportation
10.10.4 Industrial
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Piezoelectric Energy Harvesting Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Piezoelectric Energy Harvesting Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Piezoelectric Energy Harvesting Market Size Forecast by Type
11.6.1 Piezoelectric Generation
11.6.2 Solar Power Generation
11.6.3 Thermoelectric Generation
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Piezoelectric Energy Harvesting Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Building and Home Automation
11.10.3 Transportation
11.10.4 Industrial
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Piezoelectric Energy Harvesting Analysis and Forecast
12.1 Introduction
12.2 Latin America Piezoelectric Energy Harvesting Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Piezoelectric Energy Harvesting Market Size Forecast by Type
12.6.1 Piezoelectric Generation
12.6.2 Solar Power Generation
12.6.3 Thermoelectric Generation
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Piezoelectric Energy Harvesting Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Building and Home Automation
12.10.3 Transportation
12.10.4 Industrial
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Piezoelectric Energy Harvesting Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Piezoelectric Energy Harvesting Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Piezoelectric Energy Harvesting Market Size Forecast by Type
13.6.1 Piezoelectric Generation
13.6.2 Solar Power Generation
13.6.3 Thermoelectric Generation
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Piezoelectric Energy Harvesting Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Building and Home Automation
13.10.3 Transportation
13.10.4 Industrial
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Piezoelectric Energy Harvesting Market: Competitive Dashboard
14.2 Global Piezoelectric Energy Harvesting Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Boeing
14.3.2 Honeywell
14.3.3 ITT
14.3.4 Microstrain
14.3.5 Smart Material
14.3.6 Arveni
14.3.7 Cymbet Corporation
14.3.8 Digikey
14.3.9 Texas Instruments Incorporated
