echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > International Chemical > The global energy capture system market will reach $800 million by 2025

    The global energy capture system market will reach $800 million by 2025

    • Last Update: 2023-01-02
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    According to the latest report released by Markets and Markets, the global energy capture system market will reach $800 million by 2025, with a compound annual growth rate of more than 10%.

    According to the report, the development trend of green energy and positive initiatives by the government, the increasing adoption rate of wireless sensor networks equipped with energy capture systems, the wide application of IoT devices in automation, and the application of energy capture technology in building and home automation will drive the rapid development
    of this market.

    Light energy capture will dominate the overall energy capture systems market
    during the forecast period.
    Light energy capture technology, especially solar capture technology, occupies the largest market size, and this trend is likely to continue in the coming years due to
    the increase in the manufacture of solar products and the improvement of photovoltaic cell efficiency.
    The Americas will lead the light energy capture market during the forecast period due to increasing green energy initiatives by the
    government.

    Transducers will be the fastest growing component
    of energy capture systems during the forecast period.
    Transducers convert captured energy into electrical energy that powers
    electronic devices.
    Transducers are designed using a variety of technologies, such as piezoelectric, photovoltaic, electromagnetic, radio frequency and thermoelectric technologies
    .
    Photovoltaic sensors are widely used in applications such as building automation, consumer electronics, military, infrastructure security, transportation, and automotive, and will drive the sensor market growth
    during the forecast period.

    Buildings, homes, and automation are likely to be the fastest growing application environments
    in the energy capture systems market during the forecast period.
    The energy capture system also sends signals to the central building automation system (BAS) to remotely control the building system
    .
    Increasing adoption in the Americas region will drive the demand for
    these systems during the forecast period.

    In terms of regional market, the Americas will be the largest regional market
    for energy capture systems during the forecast period.
    The Americas include the United States, Canada, Mexico, and South America
    .
    The region is involved in the development and deployment
    of energy capture systems.
    Especially in North America, the use of green energy in the industrial, residential and consumer sectors is increasing
    .
    After building and home automation, industry and transportation are the main applications
    using energy capture systems.
    In addition, the application of energy capture systems has expanded to the military, aerospace, and marine industries
    in North America.

    According to the latest report released by Markets and Markets, the global energy capture system market will reach $800 million by 2025, with a compound annual growth rate of more than 10%.

    Energy capture

    According to the report, the development trend of green energy and positive initiatives by the government, the increasing adoption rate of wireless sensor networks equipped with energy capture systems, the wide application of IoT devices in automation, and the application of energy capture technology in building and home automation will drive the rapid development
    of this market.

    Light energy capture will dominate the overall energy capture systems market
    during the forecast period.
    Light energy capture technology, especially solar capture technology, occupies the largest market size, and this trend is likely to continue in the coming years due to
    the increase in the manufacture of solar products and the improvement of photovoltaic cell efficiency.
    The Americas will lead the light energy capture market during the forecast period due to increasing green energy initiatives by the
    government.

    Transducers will be the fastest growing component
    of energy capture systems during the forecast period.
    Transducers convert captured energy into electrical energy that powers
    electronic devices.
    Transducers are designed using a variety of technologies, such as piezoelectric, photovoltaic, electromagnetic, radio frequency and thermoelectric technologies
    .
    Photovoltaic sensors are widely used in applications such as building automation, consumer electronics, military, infrastructure security, transportation, and automotive, and will drive the sensor market growth
    during the forecast period.

    Buildings, homes, and automation are likely to be the fastest growing application environments
    in the energy capture systems market during the forecast period.
    The energy capture system also sends signals to the central building automation system (BAS) to remotely control the building system
    .
    Increasing adoption in the Americas region will drive the demand for
    these systems during the forecast period.

    In terms of regional market, the Americas will be the largest regional market
    for energy capture systems during the forecast period.
    The Americas include the United States, Canada, Mexico, and South America
    .
    The region is involved in the development and deployment
    of energy capture systems.
    Especially in North America, the use of green energy in the industrial, residential and consumer sectors is increasing
    .
    After building and home automation, industry and transportation are the main applications
    using energy capture systems.
    In addition, the application of energy capture systems has expanded to the military, aerospace, and marine industries
    in North America.

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.