Energy harvesting trees market is expected to grow at 14.0% CAGR with a USD 1668.21 Million during the forecast period.Energy harvesting trees market has been segmented into four different regions, namely North America, Europe, Asia-Pacific, and Rest of the World.
Asia-Pacific is the fastest-growing region followed by North America and Europe. It helps fulfill energy demand while saving space and also ensures continuous supply of electricity. For instance, it has been implemented in India to provide electricity without the problem of power cut and the extra energy provided to the grid. Moreover, factors such as large population, and the problem of energy supply coupled with the increasing investment for solar trees drive the market during the forecast period.
Solar panels are eco-friendly in nature and are considered one of the green electricity resources, because they are operated by interacting with a renewable energy resource such as sunlight and wind. Whereas, installation of large solar trees requires expensive manufacturing and its high installation & maintenance costs act as a major barrier for the growth of the market.
The Energy harvesting trees market is segment based on component, technology, application and regions. On the basis of technology, Piezovoltaic (PZ) is expected account for the largest share in this segment. As compared to technologies of energy harvesting, the piezoelectric energy harvesting industry is growing rapidly. Leaves, stems, and twigs comprise nano-piezovoltaic material, which can generate electrical energy from solar, wind, tides and rain energy. Many countries are adopting this method of energy harvesting, which is used in areas of high traffics such as highways, city roads, and footpaths, which gives big output. Furthermore, Photovoltaic panels are placed at different levels on branches, which are made of steel and can dramatically reduce the amount of land needed for developing solar parking. The falling cost of photovoltaic panels in recent years has made solar power much more viable, which attracts more investment in the growing regions.
The key players in global energy harvesting trees market are Solar Botanic, Creative Smart Innovations, Lucid Management Group, Green World Investor, Envision Solar, Spotlight Solar and Others.
The report for Energy Harvesting Trees Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
E-Peas SA and Energous Corporation have announced the introduction of a new Wireless Energy Harvesting Evaluation Kit in September 2022, designed for energy harvesting applications for smart buildings/smart homes, industrial IoT medical, and asset trackers for retail and warehouses. The kit comprises E-peas’ AEM30940 RF Evaluation Board as well as the EP112 Energy Harvesting Optimized Antenna Evaluation Board; it also comes with the company’s 1W WattUp PowerBridge transmitter that is designed to offer an over-the-air solution that supports wireless power and energy harvesting across various connected devices.
Powercast Corporation revealed in March 2022 that it had shipped ten million wireless RF Powerharvester PCC110 chips within the past two years. This was due to growing demand for wireless power-over-distance solutions that liberate devices from cords, batteries, and positioning limitations, such as needed by Qi wireless charging standard whereby one must place their device directly on a charging surface. When combined with Powercast’s technology, these are untethered devices that can be powered remotely (up to 80 feet away), thus reducing or even removing battery requirements/connections entirely while also improving their functionality/efficiency levels, making them more flexible when placing them.
In January of 2022 E-Peas SA announced that they were launching an Ultra-Compact Custom Power Management Solution for Cartier’s First Solar Energy Harvesting Watch -the Tank watch where. Its dimensions are just 2mm x 2mm, making the ultra-compact PMIC specially developed for Tank watch smaller than any other similar solutions available today. Some external components have been omitted from architecture so as to make it fit into the very confined space available.
Advanced Linear Devices, Inc.’s (ALD) portfolio of products in analog semiconductors has recently included nano-powder precision P-Channel EPAD MOSFET array, among them being published in January 2022. The matched pair MOSFET circuit is developed for low-power applications and mostly-on operation future generation products, thus aiding energy harvesting with the products’ efficiency, among other things. The MOSFET maximizes power efficiency by hydroponic bias circuitry. Mosfet array is used in automotive, medical, transportation, robotics and wireless product markets, including self-contained power circuits that need to operate at shallow power levels for long durations.
| Attribute/Metric | Details |
| Market Size | 2030 : USD 1668.21 Million |
| CAGR | 14.0% CAGR (2022-2030) |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Historical Data | 2019 & 2020 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Component , Technology and Application |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | Solar Botanic, Creative Smart Innovations, Lucid Management Group, Green World Investor, Envision Solar, Spotlight Solar and Others. |
| Key Market Opportunities | New product launches and R&D Amongst major key Players |
| Key Market Drivers | Increasing investment for solar trees |
Frequently Asked Questions (FAQ) :
A 14.0% CAGR is expected to aid in the consolidation of the market’s development.
An income of USD 1668.21 Million is estimated to be perceived in the market.
The Asia Pacific region is estimated to have a significant degree of control on the global market.
Technology, application, component, and regions are assessed to define the growth trajectory of the market.
The cost-effectiveness of photovoltaic panels is predicted to offer a significant advantage in market expansion.
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Senior Research Analyst With an experience of over five years in market research industry (chemicals & materials domain), i gather and analyze market data from diverse sources to produce results, which are then presented back to a client. also, provide recommendations based on the findings. as a senior research analyst, i perform quality checks (qc) for market estimations, qc for reports, and handle queries and work extensively on client customizations. also, handle the responsibilities of client proposals, report planning, report finalization, and execution
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