Home > Energy & Power > Emerging Energy Technologies > Energy Harvesting > Europe Energy Harvesting Market
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.
Report Attribute | Details |
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Base Year: | 2023 |
Europe Energy Harvesting Market Size in 2023: | USD 123 Million |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 8.3% |
2032 Value Projection: | USD 239.3 Million |
Historical Data for: | 2021 to 2023 |
No. of Pages: | 90 |
Tables, Charts & Figures: | 14 |
Segments covered: | Source, Component, End Use, and Country |
Growth Drivers: |
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Pitfalls & Challenges: |
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