Global MEMS Energy Harvesting Devices Market 2022-2026

Global MEMS Energy Harvesting Devices Market 2022-2026

Technavio has been monitoring the MEMS energy harvesting devices market and it is poised to grow by $ 51.72 mn during 2022-2026, progressing at a CAGR of 6.49% during the forecast period. Our report on the MEMS energy harvesting devices market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing usage over alternatives such as micro batteries and high adoption of industrial IoT devices. In addition, the increasing usage over alternatives such as micro batteries is anticipated to boost the growth of the market as well.

The MEMS energy harvesting devices market analysis includes the application segment and geographic landscape.

Technavio's MEMS energy harvesting devices market is segmented as below:

By Application

• Building and home automation
• Industrial
• Consumer electronics
• Defense
• Others

By Geographical Landscape

• Europe
• North America
• APAC
• MEA
• South America

This study identifies the government initiatives to decrease energy emission from old and public buildingsas one of the prime reasons driving the MEMS energy harvesting devices market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on MEMS energy harvesting devices market covers the following areas:

• MEMS energy harvesting devices market sizing
• MEMS energy harvesting devices market forecast
• MEMS energy harvesting devices market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading MEMS energy harvesting devices market vendors that include ABB Ltd., Analog Devices Inc., Cymbet Corp., EH 4 GmbH, EnOcean GmbH, Fujitsu Ltd., Holst Centre, Lam Research Corp., Parker Hannifin Corp., and STMicroelectronics NV. Also, the MEMS energy harvesting devices market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

ABB Ltd., Analog Devices Inc., Cymbet Corp., EH 4 GmbH, EnOcean GmbH, Fujitsu Ltd., Holst Centre, Lam Research Corp., Parker Hannifin Corp., STMicroelectronics NV