Global vibration energy harvesting systems market is anticipated to reach $ 183 million by 2024, on account of increasing demand for power-efficient and durable systems that require minimum or no maintenance. Extensive implementation of IoT devices in automation and energy harvesting technology in building and home automation, in addition to increasing focus on green energy and favorable government initiatives, are expected to positively influence the global vibration energy harvesting systems market in coming years.

Field of vibration energy harvesting has intrigued noteworthy significance for low power and portable energy sources, credited to fast advancement and mass utilization of portable electronic gadgets. Such energy harvesting systems are registering massive growth, on account of growing desire to create portable and wireless electronic gadgets with extended lifetime. Vibration energy harvesting is an inexhaustible and clean energy scavenging source that is dynamically gaining traction across the world. Such systems are utilized in areas of independent low power microsystems, self-powered wireless sensor systems, portable energy sources, distributed computing and others to renew or supplant traditional power sources, for example, battery. Advancements in vibration energy harvesting systems enable to capture, store and deal with specific measures of motion energy, converting them into electrical energy to supply low-power gadgets or store it for later use.

An objective of the Study:

To analyze and forecast global vibration energy harvesting systems market size.

To forecast global vibration energy harvesting systems market based on product, application and regional distribution.

To identify drivers and challenges for global vibration energy harvesting systems market.

To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global vibration energy harvesting systems market.

To conduct the pricing analysis for global vibration energy harvesting systems market.

To identify and analyze the profile of leading players operating in the global vibration energy harvesting systems market.

Some of the leading players operating in global vibration energy harvesting systems market are STMicroelectronics N.V., Honeywell International Inc., Fujitsu Ltd., Convergence Wireless Inc., Microchip Technology Inc., Cymbet Corporation, EnOcean GmbH, ABB Ltd., Texas Instruments Inc., Powercast Corporation, etc.

Key Target Audience:

Vibration energy harvesting device manufacturers

Vibration energy harvesting systems developers

Vibration energy harvesting systems end-user industries

Government bodies such as regulating authorities and policymakers

Organizations, forums and alliances related to vibration energy harvesting systems market

Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as manufacturers, partners, and end users. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities.

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