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Europe Energy Harvesting Market Size

  • Report ID: GMI11290
  • Published Date: Sep 2024
  • Report Format: PDF

Europe Energy Harvesting Market Size

Europe Energy Harvesting Market was valued at USD 123 million in 2023 and is projected to observe around 8.3% CAGR from 2024 to 2032. Increasing demand for sustainable energy solutions along with rising advancements in IoT and wireless sensor networks is propelling the industry growth in the region.

 

Energy harvesting technologies that convert ambient energy into usable electrical power are gaining traction as they align with the EU's stringent environmental regulations and green energy targets. Moreover, the energy harvesting solutions offer a viable alternative to traditional batteries for powering IoT devices, ensuring long-term operation without the need for frequent battery replacements, thereby enhancing efficiency and reducing maintenance costs.

 

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

European market for energy harvesting recorded USD 123 million in 2023 and is projected to observe an 8.3% CAGR from 2024 to 2032, due to increasing demand for sustainable energy solutions along with rising advancements in IoT and wireless sensor networks

The building automation end use vertical segment in the Europe energy harvesting market is set to grow at over 8% CAGR through 2032, led by the rising importance of more sustainable, energy-efficient, and eco-friendly buildings.

Germany energy harvesting market will exceed USD 62 million by 2032, due to the versatility of energy harvesting technologies is particularly resonating across key sectors such as automotive, industrial automation, and smart infrastructure.

ABB, Advanced Linear Devices, Inc., Azelio, EnOcean, e-peas, Fujitsu, Honeywell, Octopus Energy Ltd., and Mouser Electronics

Europe Energy Harvesting Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 13
  • Tables & Figures: 14
  • Countries covered: 5
  • Pages: 90
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