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Energy Harvesting System for Wireless Sensor Network Market by Sensors (Temperature Sensors, Pressure Sensors, Flow Sensors, Level Sensors, Humidity Sensors, Motion & IR Sensors, Position Sensors, & Gas Sensors)
The Worldwide Energy Harvesting System for Wireless Sensor Network Market reached US$ 1.6 billion in 2022. Between 2022 and 2032, energy harvesting system for wireless sensor network demand will rise at 15.9% CAGR. By 2032, total market valuation is set to reach US$ 6.9 billion.
Vibration energy harvesting remains the most popular technology in the market. The target segment is forecast to exhibit a CAGR of over 15.7% from 2022 to 2032.
Key Factors Facilitating Energy Harvesting for Wireless Sensor Network Demand:
In recent years, wireless sensor networks have gained immense popularity worldwide. A network of compact embedded devices (sensors) that monitor the system and physical conditions of environment and transfer the collected data to a central location is called a wireless sensor network (WSN).
Wireless sensor networks are identical to wireless ad hoc networks. This is because they also rely on wireless connectivity and spontaneous formation networks for data transmission.
Thanks to their flexibility and configuration, WSNs find use in a wide variety of applications. This includes internet of things (IoT), agriculture, and surveillance & monitoring for threat detection. They are also employed in medical applications such as patient monitoring.
However, the limited energy associated with wireless sensor networks is becoming a key challenge limiting their adoption. To counter this, high-performance and efficient energy harvesting systems for WSN environments are being used.
Widening application of WSNs across various industries will therefore continue to propel demand for energy harvesting systems for wireless sensor networks.
Energy harvesting refers to methods or techniques that use natural physical phenomena to process forms of energy at micro levels of electricity. This electricity can be then used to power various measurement systems including wireless sensor networks.
Energy harvesting systems for WSNs utilize different sources of energy to provide uninterrupted electricity to WSN nodes. These sources include solar power, vibrations, wind, magnetic fields, temperature variations, etc.
Adoption of energy harvesting systems for WSN has eliminated the burden of replenishing or replacing depleted batteries for the sensor nodes. Instead of using batteries, these systems harness energy from the environment to provide electricity to WSNs.
Energy harvesting-based wireless sensor networks are becoming game changers in several critical applications. Growing usage of WSN technology in smart cities, structural health monitoring, industrial automation, etc is likely to boost the global market.
Further, rising adoption of wireless sensors in industrial applications for tank level monitoring, pressure pump health monitoring, etc will elevate demand.
Increasing usage of IoT sensors in thriving consumer electronics is likely to support market expansion. Energy harvesting systems for wireless sensor networks are being used to power various electronics without using batteries.
Additionally, ongoing advancements in energy harvesting techniques will create new opportunities for manufacturers. New flexible energy harvesting methods using radio frequency waves are being developed.
| Attributes | Key Insights |
|---|---|
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Energy Harvesting System for Wireless Sensor Network Market Size in 2022 |
US$ 1.6 billion |
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Projected Market Size (2032) |
US$ 6.9 billion |
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Value-based CAGR (2022 to 2032) |
15.9% |
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USA Market CAGR (2022 to 2032) |
14.6% |
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Historically, from 2017 to 2021, sales of energy harvesting systems for wireless sensor networks increased at 19% CAGR. Over the projection period, the global market will thrive at 15.9% CAGR. This will result in an absolute $ opportunity of US$ 5.3 billion.
The widespread application of various wireless sensor networks such as temperature sensors, level sensors, and pressure sensors in industrial sectors is set to boost the global market.
Increasing implementation of IoT solutions for building and home automation will propel demand for energy harvesting systems for wireless sensor networks.
Energy harvesting solutions are widely used in a variety of industries such as automotive, medical equipment, consumer devices, and military, to help achieve safe, durable, and power-efficient systems.
Increasing trend of green energy initiatives as an effective alternative will trigger energy harvesting system sales. Subsequently, rising adoption of wireless sensor network equipment such as power management integrated circuits and robust capacitive sensors will fuel energy harvesting system demand.
There were around 8.6 billion IoT-connected devices in the world in 2019. By 2030, the number of IoT-connected devices is forecast to reach 29.4 billion. With the rise in the adoption of IoT devices globally, the market for energy harvesting systems for wireless sensor networks will expand at a stupendous pace.
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Get a Customized VersionAs per the latest report, North America will continue to dominate the global market through 2032. In 2022, North America energy harvesting system for wireless sensor network market valuation reached US$ 648 million. By 2032, North America market valuation will reach US$ 2.8 billion.
There has been a significant investment in developing breakthrough technologies in low-energy consumption solutions and high-performance industrial wireless applications. This is likely to boost the North America energy harvesting system for wireless sensor network industry.
Rising implementation of 5G and high adoption of IoT products will further elevate energy harvesting system demand in the region.
There were around 2.8 billion IoT devices in North America in the year 2019. By 2025, the number of IoT devices in the region is likely to reach about 5.4 billion. As energy harvesting systems are used in IoT for uninterrupted power supply and efficient working of the sensor and devices, rising adoption of IoT in the region will boost the market.
Besides this, growing industrial wireless sensor networking will create opportunities for energy harvesting system manufacturers.
How Big is the United States Energy Harvesting System for Wireless Sensor Network Market?
The United States market is projected to reach a valuation of US$ 2.2 billion by 2032. It will create an absolute $ opportunity of US$ 1.6 billion over the projection period.
From 2017 to 2021, energy harvesting system for wireless sensor network demand in the United States of America grew at 17.4% CAGR. Over the next ten years, the United States market will thrive at 14.6% CAGR.
Rising popularity of smart homes supported by high adoption of automation is driving the United States of America market. In 2022, around 57 million households were utilizing smart home automation in the United States. In 2023 the number increased to around 60 million households.
Energy harvesting systems are widely used in home automation for various sensors such as temperature and humidity sensors. Hence, growing adoption of smart homes in the country will boost the energy harvesting system for wireless sensor network industry.
Besides this, growing popularity of remote health monitoring systems will boost sales across the United States of America.
How is the United Kingdom Energy Harvesting System for Wireless Sensors Network Market Shaping?
The United Kingdom market grew at 17.7% CAGR from 2017 to 2021. Over the next ten years, sales in the United Kingdom market will rise at 15.0% CAGR. This will take the total market valuation in the country to US$ 334.5 million by 2032.
High adoption of IoT-connected devices is a prominent factor driving the United Kingdom market. In 2020 there were around 106 million IoT-connected devices in the United Kingdom. This number is likely to reach about 149 million by 2025.
Since energy harvesting systems are used in IoT sensors for their uninterrupted operation, the market for energy harvesting systems for wireless sensor networks will expand significantly in the United Kingdom during the assessment period.
What Makes China a Lucrative Energy Harvesting System for Wireless Sensors Networks Market?
China energy harvesting system for wireless sensor network market will reach US$ 595.7 million by 2032. Between 2022 and 2032, it is set to create an absolute $ growth of US$ 471.1 million.
Demand for energy harvesting systems for wireless sensor networks in China grew at 20.7% CAGR from 2017 to 2021. For the projection period, it will increase at a CAGR of 16.9%.
Growth in China market is driven by increasing usage of IoT devices. China is one of the significant consumers of IoT devices in the world. It is estimated that by 2025 the number of IoT devices used in the country will be around 2.76 billion devices.
Rising adoption of IoT across various industries will play a key role in boosting China energy harvesting system for wireless sensor network industry.
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Which Sensor Type Will Generate Lucrative Revenues?
As per Persistence Market Research, temperature sensors segment will generate the most revenue through 2032. This is due to rising usage of these sensors in various applications.
The temperature sensors segment register a CAGR of 18.5% between 2017 to 2021. From 2022 to 2032, it will expand at 15.8% CAGR. Thus, it will hold a prominent share of the global market by 2032.
Temperature sensors are widely used to monitor and regulate the temperature in various environments. They can be used in various applications such as environmental monitoring and industrial control systems.
Energy harvesting temperature sensors can operate in low power mode by consuming minimal energy while providing continuous temperature monitoring. This makes them suitable for remote and inaccessible locations.
Growing usage of temperature sensors in applications such as temperature monitoring in buildings, cold storage, HVAC, data centers, forecast fire monitoring, etc will boost growth of the target segment.
Which Technology Segment Will Lead the Global Market Through 2032?
Based on technology, vibration energy harvesting segment will continue to lead the global market. This is attributable to increasing adoption of this technology for numerous applications.
The vibration energy harvesting segment grew at 18.0% CAGR from 2017 to 2021. For the next ten years, it will progress at a CAGR of 15.7%.
Vibration energy harvesting is gaining wider traction in industrial applications. For instance, it is used to power the wireless sensor network for machine health monitoring and tank level monitoring.
Vibration energy harvesting system harvests vibration energy to power wireless sensors or WSNs. It is just like a piezoelectric device that can use a vibration source energy to provide electricity to WSN nodes.
ABB Ltd, Convergence Wireless, Cymbet Corporation, Infineon Technologies, EnOcean GmbH, Fujitsu Limited, Honeywell International Inc, Analog Devices, Lord Microstrain, Microchip Technology Inc., and STMicroelectronics N.V. are few of the leading players operating in the energy harvesting system for wireless sensor network industry.
New product launches and adoption of mergers, acquisitions, and partnerships are key strategies adopted by companies to gain profits.
Recent Developments:
| Attribute | Details |
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Estimated Market Size (2022) |
US$ 1.6 billion |
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Projected Market Size (2032) |
US$ 6.9 billion |
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Anticipated Growth Rate (2022 to 2032) |
15.9% CAGR |
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Forecast Period |
2022 to 2032 |
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Historical Data Available for |
2017 to 2021 |
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Market Analysis |
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By Sensors:
By Primary Batteries:
By Component:
By Technology:
By Application:
By Region:
The energy harvesting system for wireless sensor network market size reached US$ 1.6 billion in 2022.
The global energy harvesting system for wireless sensor network industry will reach US$ 6.9 billion by 2032.
From 2017 to 2021, the global market exhibited a CAGR of 19.0%.
Global energy harvesting system for wireless sensor network demand will surge at 15.9% CAGR.
Vibration energy harvesting will remain the most commonly used technology through 2032.
South Korea and Japan markets will expand at 16.3% and 15.3% CAGRs respectively.
The United Kingdom market is set to progress at 15.0% CAGR during the assessment period.
