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Energy harvesting device sales forecast to reach 19m annually by 2020

Energy harvesting device sales forecast to reach 19m annually by 2020

Market news |
By eeNews Europe



The report entitled ‘Energy Harvesting’ point out that converting ambient energy to useable electrical energy, energy harvesting (EH) systems offer an inexpensive and compact way to power portable electrical devices that, in many cases, rely heavily on batteries.

“Consumers and industries alike consider the environmental and economic costs of changing and maintaining batteries to be excessive,” said Eric Woods, research director with Navigant Research.  “It is just a matter of time before they are no longer willing, economically or otherwise, to change and maintain batteries to the extent that they have traditionally done, and move toward increasingly available energy harvesting technology.”

The energy sources available for energy harvesting include electromagnetic radiation, thermal energy, and mechanical energy.  The technologies used for the transduction of these energy sources into useable electrical energy include photovoltaic (PV), thermoelectric, piezoelectric, and electromagnetic.  Improvements in low-power technology such as very large-scale integration, microelectromechanical systems, and wireless communications have made it possible for these technologies to be put to use in commercial products in the consumer and industrial sectors.

Visit Navigant Research at www.navigantresearch.com

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