Europe Energy Harvesting Market

Europe Energy Harvesting Market Size

The Europe energy harvesting market was estimated at USD 126.6 million in 2024 and is estimated to reach the value of USD 278 million by 2034, growing at a CAGR of 8.6% from 2025 to 2034. The steady growth in the sustainable energy sector is directly related to advancements in the field of low-power electronics.  Awareness of renewable energy combined with the need for energy optimization is increasing, making energy harvesting systems more popular across various industries. This is further being fueled by government initiatives promoting green technology. The European Union, for example, plans to become climate neutral by 2050 under its EU Green Deal, which includes substantial investments in renewable energy and energy-efficient technologies.

This industry is continually shifting as the need to improve product efficiency and expand to serve a wider scope of industry sectors drives companies to form collaborations and rivals to adapt to a changing business environment. With the rise of smart cities and advancements in wireless sensor networks, new avenues for energy harvesting applications are emerging. Ongoing research and development is gradually overcoming barriers like steep upfront expenses and technological limitations. For instance, EnOcean demonstrates its new innovations in energy harvesting wireless technology for smart LED lighting and building controls at the company’s EnOcean-enabled Building in 2022.

The tariffs by President Donald Trump in April 2025 will have a potential to affect Europe's energy harvesting market, especially industries that are dependent on transatlantic trade and global supply chains. The U.S. has pushed the EU to raise imports of American oil and gas, threatening to impose tariffs on EU products otherwise. This emphasis on fossil fuel trade may distract from renewable energy efforts, possibly affecting funding and policy support for energy harvesting technologies.

Europe Energy Harvesting Market Trends

• Government support and Technological progress are driving the growth of the Europe energy harvesting industry. By various programs and funding policies, European governments are encouraging research and development (R&D) of energy harvesting technologies. For example, in 2024, the European Commission will allocate USD 214.85 million to sustain the Europe-wide research on sustainable energy supply and usage through projects under Horizon Europe.
  
• Breakthroughs in materials science, especially with piezoelectric, thermoelectric, and photovoltaic materials, are boosting the efficiency and reliability of energy harvesting solutions. This progress is broadening their applicability, even in demanding environments. There's a rising trend of integrating energy harvesting into building automation, fueled by a push for sustainable and energy-efficient structures.
  
• Moreover, energy harvesting technologies are finding resonance in pivotal sectors like automotive, industrial automation, and smart infrastructure, further propelling the market's expansion. The competitive arena is lively, with firms striving to craft more efficient and cost-effective solutions, all underpinned by the European Union's dedication to sustainable energy.
  
• For example, in 2024, the SELECT project with a budget of USD 3.53 million brings together European innovators to work on a sustainable, battery-free energy harvesting IoT device. The initiative seeks to power ambient energy harvesting devices, such as remote controls and electronic shelf labels, with supercapacitors derived from lignin, biodegradable circuit boards, organic solar cells, and ultra-low power microcontrollers, thus minimizing environmental damage.
  

Europe Energy Harvesting Market Analysis

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• The European market for energy harvesting is experiencing notable trends across various sources segment. The market was evaluated at USD 120.4 million, USD 123 million and USD 126.6 million in 2022, 2023, and 2024 respectively. The solar energy segment is expected to reach over USD 100 million by 2034.
  
• Solar energy is still a prominent resource and is used in the United Kingdom, France, Spain, Italy, and Germany due to their favorable policies and abundant solar energy. The European Commission stated that the European Union plans to reach a target of installing more than 320 Gigawatts of solar photovoltaic capacity by the year 2025, in attempts to improve solar technologies.
  
• There is growing interest in the harvesting of vibration and kinetic energy due to its efficiency and versatility when converting mechanical energy to electrical power. This is especially important in industrial applications where machines and structures are continually exposed to vibrations.
  
• Currently, the conversion of ambient thermal energy into electricity with the help of thermoelectric generators is still being explored. Such devices are especially useful in industrial settings, as they improve energy efficiency by harnessing the waste heat present.
  
• With the increase of IoT devices, harvesting and utilizing radio frequency (RF) energy turns out to be a good solution for powering small electronic devices like sensors. With the advancement of Wi-Fi routers and cell phone towers, ambient radiation can now be tapped into. Currently, RF energy harvesting technologies are on the rise since devices that operate through this technology do not require batteries, enhancing sustainability.
  

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• The Europe energy harvesting market is witnessing significant trends across various end-use segments. The building automation end use segment held 41% of market share in 2024 and is anticipated to grow at over 9% CAGR till 2034.
  
• Building automation is experiencing a surge in energy harvesting applications, with technologies being utilized to power sensors and controls, thereby improving energy efficiency and supporting green building initiatives.
  
• The implementation of energy harvesting technologies is improving the deployment of self-powered sensors, especially in hard to reach areas as it reduces maintenance and increases operational longevity in the context of self-powered wireless sensor networks.
  
• The use of energy harvesting to power low energy devices is becoming common in consumer electronics, thus improving the sustainability of the products and reducing the dependency on traditional batteries. For instance, in 2024, the NANO-EH project created recyclable, multi-source energy harvesters using smart nanomaterials to sustainably power IoT devices, offering an alternative to batteries by capturing ambient wireless energy across multiple frequencies.
  
• As part of the move towards the electrification and sustainability of vehicles, the automotive industry is working on the development of more energy-efficient vehicles and is also integrating energy harvesting technologies capable of powering sensors and electronic systems.
  

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• The Germany energy harvesting market experienced significant growth in 2022, 2023 and 2024 and was valued at USD 33.8 million, USD 34.5 million and USD 35.5 million respectively. The market is estimated to reach over USD 76.5 million by 2034.
  
• Germany's energy harvesting industry is growing as more sectors begin to adopt solar and kinetic technologies. Recent policies now support the selling of renewable energy in an open market, strengthening de-centralized generation and storage units.
  
• Although the market is still dealing with an overabundance of solar panels, the investments on clean energy infrastructures heavily contribute to a optimistic outlook on the harvesting applications. According to the German Federal Ministry for Economic Affairs and Climate Action, the "Easter Package" introduced in 2022 aims to accelerate renewable energy deployment, including solar and wind, to achieve 80% renewable electricity by 2030.
  
• France is pushing forward with energy harvesting, melding it with solar and wind projects, especially in rural and agricultural domains. With an eye on diversifying energy sources beyond nuclear, government policies are spurring innovation in ambient energy technologies.
  
• Furthermore, collaborations among businesses with local stakeholders are widening the scope of the energy harvesting technologies across multiple fields. In France, the Ministry of Ecology and Sustainable Development announced in 2023 the investment program “France 2030” which reserves USD 1.14 billion for investing in renewable energy innovative solutions, including energy harvesting systems.
  
• The market for energy harvesting in the UK is developing with use in smart buildings, healthcare, and transportation. Kinetic energy tiles and tidal energy projects are gaining attention. There is a clear movement toward using energy harvesting technologies due to aid from the government, a focus on sustainability, and the need to reduce reliance on traditional electricity-generating methods.
  
• Spain's energy harvesting sector is riding the wave of a renewable energy boom, with solar and wind projects leading the charge. Thanks to a conducive climate and encouraging policies, there's a push to weave energy harvesting technologies into the national grid.
  
• At the same time, investment in hybrids and storage systems is improving the reliability and efficiency of these sources. In 2024, the Spanish Ministry for the Ecological Transition and Demographic Challenge declared an investment of USD 854.77 million to reinforce the priorities of the “Renewable Energy and Storage Plan” including the improvement of the integration of renewable technologies such as energy harvesting systems.
  

Europe Energy Harvesting Market Share

The top six companies in the European energy harvesting industry include STMicroelectronics, ABB, EnOcean, e-peas, Texas Instruments, and Honeywell which held more than 30% market share in 2024. ABB provides services dealing with industrial automation and energy solutions.

EnOcean has unique capabilities in wireless technology, specifically wireless energy harvesting for building automation systems. e-peas is focused on the design of ultra-low power semiconductors for energy harvesting. Texas Instruments provides a variety of semiconductor devices that are energy efficient. Honeywell has an entire range of energy solutions associated with sensors and control systems.

In the European energy harvesting industry, STMicroelectronics retains the highest market share. The company leads this sector due to its wide range of energy efficient semiconductors, including it’s PMICs and energy harvesting modules. The firm’s proactive focus on R&D, sales through approved alliances, and owning multiple patents has fortified his place in the market.

Europe Energy Harvesting Market Companies

• ABB has been augmenting its electrical harvesting capabilities in Europe through acquisitions such as Siemens Gamesa’s power electronics unit. The company, which had a revenue of USD 32.8 billion in 2024, undertook this move to bolster ABB’s capabilities toward renewable power conversion technologies with greater wind and solar energy applications, thereby shifting the company’s focus toward more holistic power harvesting solutions.
  
• Germany EnOcean focuses on the innovation of energy harvesting wireless technologies. The company earned USD 19.2 million in 2024. Their maintenance-free motion and light operated sensors and switches work on self-powered batteries. EnOcean technology allows several industries to leverage sustainable IoT which reduces carbon footprint significantly and enhances the energy utilization at the same time. 
  
• E-peas, based in Belgium, designs and implements ultra-low-power semiconductor technologies for energy harvesting. They have developed AEM (Ambient Energy Manager) ICs that convert light, heat, or Vibrations into energy and power IoT devices. Technologies developed by e-peas seek to replace batteries by providing maintenance-free sustainable electronics. In 2023, they launched their first PMIC that can accept simultaneous power inputs from two different energy sources.
  
• Texas Instruments has details on energy harvesting components, including the power management integrated circuits which aid in the collection and use of free energy sources. In 2024, the company reported a revenue of USD 15.64 billion and spent USD 1.95 billion on R&D. Their technologies aid in the automation of industrial processes and the design of wearable devices, making it possible to develop systems that are energy and battery-less in Europe.
  
• Honeywell incorporates energy harvesting features in its sensors and control systems regarding building automation and industrial use. It records sales of USD 38.49 billion with operating income of USD 7.44 billion in 2024. Honeywell sought to improve the efficiency and maintenance tasks of the control systems with surrounding energy in order to meet the sustainability needs of Europe and ever-increasing smart infrastructure requirement.
  

Major players operating in Europe energy harvesting market include:

• ABB
• Advanced Linear Devices
• Azelio
• EnOcean
• e-peas
• Fujitsu
• Honeywell
• Mouser Electronics
• Octopus Energy
• Renesas Electronics
• STMicroelectronics
• Texas Instruments
• ZF Friedrichshafen
  

Europe Energy Harvesting Industry News

• In December 2024, the NANO-EH project, funded by the European Union, created a platform that utilizes smart nanomaterials to harvest energy from light, heat, and motion for use in the Internet of Things (IoT). This advancement provides a more efficient than batteries. The development of this technology allows the integration of different energy sources which enhances the autonomy of the devices and minimizes their environmental effect.
  
• In July 2024, Octopus Energy furthered its solar expansion in France with large solar sheds for energy storage on multiple farms. The firm also boosted its portfolio following the acquisition of Sungen 10 from ELECO, adding 100 rooftop solar projects. Looking ahead, Octopus Energy intends to collaborate with ELECO and regional partners to develop up to 100 MW of new rooftop solar installations on French farms by 2030.
  
• In April 2024, STMicroelectronics and Dracula Technologies’ LAYER organic photovoltaic (OPV) modules will be integrated with ST's ultra-low-power STM32U0 microcontrollers, forming a new partnership. With this collaboration, IoT devices can be powered using ambient indoor light and are capable of functioning even at dim illumination levels of 5 lux. To improve industrial, medical, smart metering, and consumer applications, Dracula Technologies has joined the ST Partner Program aiming to construct energy efficient systems.
  
• In March 2024, e-peas procured funding of USD 19.94 million, aimed at speeding up the deployment of its energy harvesting solutions and expansion into ultra-low-power processing and sensing. The funding will assist in reducing dependence on batteries and fostering sustainable innovation for IoT systems.
  

This Europe energy harvesting market research report includes in-depth coverage of the industry with estimates & forecast in terms of “USD Million” from 2021 to 2034, for the following segments:

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Market, By Source

• Solar energy
• Vibration & kinetic energy
• Thermal energy
• Radio frequency (RF)
• Others

Market, By Component

• Energy harvesting transducer
• Power management integrated circuits (PMIC)
• Others

Market, By End Use

• Wireless sensor networks
• Consumer electronics
• Building automation
• Automotive
• Others

The above information has been provided for the following countries:

• Germany
• France
• UK
• Spain
• Italy