Energy Harvesting System For Wireless Sensor Network Market – Forecast (2021 - 2026)
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• Energy Harvesting System for Wireless Sensor Network Market size is forecast to reach $2.12 billion by 2026, growing at a CAGR of 18.1% in the period 2021-2026. • In order to address the challenge of the significantly lower power density of the Wireless Sensors, the state-of-the-art Energy Harvesting System is the convenient way to offer reliable stable power for long term. • The growth of the Energy Harvesting System for Wireless Sensor Network Market is primarily driven by the widespread application of diversified wireless temperature sensors, level sensors and pressure sensors in industrial sectors as well as the growing implementation of IoT solutions for building and home automation. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Key Takeaways • North America is estimated to be the major region with a share of 41% in 2020 for the Energy Harvesting System for Wireless Sensor Network Market owing to the significant investment for developing breakthrough low-energy consumption solutions and high-performance industrial wireless applications. • The increase in demand for power-efficient IoT devices for automation across various industry sectors is estimated to drive the Energy Harvesting System for Wireless Sensor Network Market. • The Building and Home Automation sector held the highest share of 38 % in 2020, owing to the rapid emergence of energy-driven consumer electronic devices and growing installation of sensor-based technologies for energy-efficient power systems. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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By Distribution Channel- Segment Analysis By Application, the Energy Harvesting System for Wireless Sensor Network Market is segmented into Fire Protection System, HVAC Control System, Lighting Control System, Security and Access Control System, Smart Meter System and others. The Lighting Control System is estimated to grow at the highest CAGR of 8% during the forecast period 2021-2026. The escalating demand for energy efficient solutions, introduction of sophisticated wireless technologies for home automation and smart home solutions with integrated lighting technologies are some of the factors that are driving the growth of the market. In December 2019, Arrow Electronics, Inc. decided to add EnOcean’s patented energy-harvesting wireless technology to Arrow's portfolio. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Energy Harvesting System for Wireless Sensor Network Market Industry Outlook • • • • • • • • • •
Arveni Convergence Wireless Cymbet Corporation Powercast Corporation Texas Instruments Incorporated Fujitsu Limite ABB Ltd. Honeywell International Inc. STMicroelectronics N.V. EnOcean
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