Devices with Energy Harvesting Solutions to Grow 30.3% CAGR, says Semico Research

There is a large and growing energy harvesting market opportunity outside of large solar installations and commercial power generation. A broad range of markets will employ energy harvesting to either replace batteries or extend battery life. These applications cover wireless sensor nodes (WSN) for bridges, infrastructure, building automation and controls, and home automation (including lighting, security and environmental). Energy harvesting will grow in automotive applications, cell phones, wearables and other consumer electronics. A recent research report from Semico Research, Energy Harvesting: Reaping the Abundant Market, estimates that the number of devices with an energy harvesting solution will grow at a CAGR of 30% to over half a billion by 2022.
 
"Energy harvesting has been used for many years, but the units tend to be low in volume, bulky in size, and expensive," says Joanne Itow, Semico's Manager of Manufacturing Research. "The challenge is to make energy harvesting solutions small and cost-effective for portable applications such as remote infrastructures, wearables and other battery-powered devices. Energy harvesting solutions based on MEMS are available, but the challenge is to generate enough energy to make the solution viable."
 
Key findings of the report include:

• The total semiconductor content for energy harvesting solutions will reach $3.4 billion by 2022.
• Consumer devices (including toys) with energy harvesting accounted for 8 million units in 2017.
• Bridges are expected to be a large user of energy harvesting in the infrastructure sector by 2022.
• Energy harvesting devices in all buildings are expected to have a CAGR of 20.7% by 2022.

In its recent report Energy Harvesting: Reaping the Abundant Market (MP112-18), Semico Research examines the market opportunity for energy harvesting outside of large solar installations and commercial power generation. A broad range of markets will employ energy harvesting to either replace batteries or extend battery life. These applications cover wireless sensor nodes (WSN) for bridges, infrastructure, building automation and controls, home automation (including lighting, security and environmental), automotive applications, cell phones, wearables and other consumer electronics. The report is 98 pages long and includes 13 tables and 37 figures.
 
Companies cited in the report include:
 
Analog Devices, Microchip (Atmel), CHERRY/ZF, Cymbet, Cypress, EnOcean, e-peas, Analog Devices/Linear Technology, Maxim Integrated, Microchip Technology, Powercast, Renesas, Semtech, Silicon Labs, Silicon Reef, STMicroelectronics, Texas Instruments, Ilika, Imprint Energy, Sakti3, Solid Power, Apple, Laird, microGen, Micropelt, Perpetuum, Piezo Systems, Sanyo, Thermo Life, Thermogen Technologies, EH Solution Providers, LORD Microstrain®, National Instruments, Nikola Labs, Phase IV Engineering, Resensys, Soundpower Corp., Eta Compute, Mentor Graphics, and X-FAB.

For pricing and additional information, please contact:
Rick Vogelei
Business Development
Phone: 602-997-0337
Email: rickv@semico.com
 
About Semico
Semico is a semiconductor marketing & consulting research company located in Phoenix, Arizona.  We offer custom consulting, portfolio packages, individual market research studies and premier industry conferences.