North America Energy Harvesting Market Size - By Source, By Component, By End Use, Growth Forecast, 2025 - 2034

North America Energy Harvesting Market Size

The North America energy harvesting market size was valued at USD 226.2 million in 2024 and is estimated to reach the value of USD 493.5 million by 2034, growing at a CAGR of 8.6% from 2025 to 2034. Industries are increasingly adopting energy harvesting techniques to reduce reliance on batteries and lower maintenance costs for remote sensors and wireless devices.

In citation, in 2023, the U.S. Department of Agriculture (USDA) announced a USD 266 million investment through the Rural Energy for America Program (REAP). This funding supports rural businesses and farmers in adopting renewable energy technologies, including solar photovoltaic systems, to reduce energy costs and enhance operational resilience.
 

Government incentives for renewable energy technologies are accelerating market growth and encouraging widespread adoption of sustainable practices. Policies that promote carbon neutrality encourage businesses to integrate energy harvesting systems into smart infrastructure and building management. For instance, the Inflation Reduction Act of 2022 allocated USD 369 billion toward clean energy and emissions reduction efforts. This legislation provides tax credits for renewable energy projects, including solar installations, and aims to cut U.S. greenhouse gas emissions by up to 42% by 2030.
 

The rising adoption of IoT devices in smart cities and healthcare is also boosting demand for energy harvesting solutions. These systems enable self-powered sensors for real-time data collection, which eliminates the need for wiring and enhances scalability. In April 2023, the Biden-Harris Administration announced an USD 82 million investment to bolster domestic solar manufacturing and recycling. This initiative supports the development of energy harvesting systems essential for powering IoT devices in smart cities and healthcare applications.
 

Advancements in energy-efficient materials and miniaturized components are improving system performance. Better energy conversion rates and reduced costs are making these solutions more accessible to smaller enterprises. Companies are focusing on durability and reliability, which expands the use of energy harvesting technologies in harsh environments. For instance, in 2023, NIST IoTAB minutes recommended federal R&D for miniaturized, durable energy harvesters and piezoelectric and thermoelectric microsystems highlighting over a 50% reduction in maintenance needs.
 

In April 2025, President Trump implemented tariffs that included a 10% base tax and higher rates for specific countries. These tariffs have raised the costs of semiconductors and rare-earth metals, which are vital for North America's energy harvesting systems. Manufacturers that depend on these imports are facing increased expenses for components including vibration sensors and thermoelectric modules. As a result, this may lead to delays in industrial IoT deployments or higher prices for building automation solutions. These challenges could hinder market growth due to declining affordability.
 

North America Energy Harvesting Market Trends

The North American energy harvesting industry is increasingly integrating with the Internet of Things (IoT), enhancing smart infrastructure and industrial sensors. More devices are now able to gather energy from their surroundings, which reduces their reliance on batteries and allows for maintenance-free operation in both urban and remote locations. In January 2023, DOE’s Building Technologies Office highlighted that efficient sensing and communication hardware with integrated energy harvesting can enable long-lasting, maintenance-free power for building EMCS deployments.
 

There is a growing interest in hybrid systems that combine solar, thermal, and kinetic energy sources to provide a steady power supply. Many industries are focusing on these multi-source solutions to tackle issues with inconsistent energy availability, which boosts reliability in areas including building automation and environmental monitoring. For instance, in 2023 funding, DOE EERE’s Solar-Thermal Fuels program advanced a patented thermal energy storage system capable of supplying 1 MW of thermal heat for up to 12 hours, paving the way for hybrid solar-thermal-kinetic microgrid integration.
 

As energy-harvesting components become smaller and more efficient, they are being adopted in wearable technology and medical devices. These compact designs support self-powered health monitors and sensors, responding to the demand for portable and environmentally friendly products in consumer electronics and healthcare. For instance, in 2023, CHIPS NAPMP NOFO 2 from NIST calls for the development of embedded energy-harvesting modules with local storage to power sub-cm³ sensor nodes, targeting medical and industrial wearable applications.
 

Investments in research and development are increasing to enhance energy storage and conversion efficiency. Advances in materials, including piezoelectric films and thermoelectric generators, are reducing costs, making these solutions accessible for both small businesses and large-scale smart grid projects. For instance, in 2024, DOE’s Energy Efficiency Scaling for Two Decades (EES2) roadmap commits to a 1,000× boost in microelectronics energy efficiency, prioritizing R&D on piezoelectric films and thermoelectric generators to enhance conversion rates and lower costs.
 

North America Energy Harvesting Market Analysis

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• The North America energy harvesting market was valued at USD 215.3 million, USD 219.7 million, and USD 226.2 million in 2022, 2023 and 2024, respectively. Segmented by source, the market encompasses solar energy, vibration and kinetic energy, thermal energy, and radio frequency (RF).
   
• The solar energy segment was valued at USD 77.9 million in 2024. Solar energy is at the forefront due to its widespread use in outdoor IoT (Internet of Things) devices and building automation systems. The costs of photovoltaic systems have decreased significantly, complemented by government incentives for renewable energy. For instance, between 2010 and 2023, the cost of generating solar power fell from USD 0.39 per kilowatt-hour to under USD 0.12, encouraging the adoption of solar technology in outdoor IoT and building systems.
   
• The vibration and kinetic segment are estimated to grow to be over CAGR of 8.8% by 2034. Solutions that harness vibration and movement are gaining popularity in industries and transportation. These systems convert machine vibrations into electricity, allowing for battery-free wireless sensors in factories and railways. For instance, according to a report by the NIST published in June 2023, a new type of generator can turn these vibrations into power, facilitating wireless sensors that require no maintenance.
   
• The North America energy harvesting market from thermal energy segment is estimated to be valued at USD 123.2 million by 2034. Thermoelectric generators are particularly effective in automotive and manufacturing settings, capturing wasted energy while powering sensors in high-temperature situations. For instance, in 2023, the Department of Energy highlighted how these generators can produce electricity from low-grade heat in systems including HVAC ducts and exhausts, reliably powering sensors at temperatures above 100°C without maintenance needs.
   
• The radio frequency, emerging technology is beneficial for compact electronics including smart medical implants and logistics tags. However, it faces challenges with short-range efficiency as the IoT ecosystem continues to grow. For instance, in 2023, a National Institute of Standards and Technology study showed that urban Wi-Fi and cellular signals can deliver enough energy to sustain devices including logistics tags and medical implants.
   

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• Based on end use, the North America energy harvesting market is divided into consumer electronics, wireless sensor networks, automotive, building automation, and other sectors. The building automation segment has a market revenue share of 40.7% in 2024.
   
• Regenerative energy systems are used to power tire pressure monitoring and various cabin sensors, aligning with the rise of electric vehicles. According to the U.S. National Blueprint for Transportation Decarbonization, energy harvesters in tire pressure monitoring systems can generate 60 to 120 milliwatts from typical highway vibrations, helping to reduce reliance on auxiliary batteries during standard driving.
   
• The wireless sensor network segment is estimated to grow to be over a CAGR of 8.7% by 2034. This technology provides real-time data for smart grids and agriculture while significantly cutting maintenance costs in hard-to-reach areas. For instance, a small solar harvester, measuring 5 cm², can generate around 250 microwatts of power in bright sunlight, while a thermoelectric module can produce about 80 microwatts under specific temperature differences.
   
• The North America energy harvesting market from consumer electronics segment was valued at USD 39.4 million in 2024. solar-powered smartwatches and health trackers that activate with movement help reduce the need for battery replacements, appealing to environmentally conscious consumers who prefer devices that are always ready to use. For instance, in 2023, DoE’s Solar Energy Technologies Office invested USD 24 million to support the development of thin-film solar panels, which lower production costs by 15%.
   
• The automotive segment is estimated to be valued at USD 45 million by 2034. Innovations including solar windows and piezoelectric systems embedded in floors help decrease dependence on the power grid in homes and offices. For instance, in 2023, the DoE allocated USD 13.3 million for research and development of solar-integrated windows and thermoelectric mats, aimed at powering smart heating, ventilation, air conditioning (HVAC), and lighting systems in urban buildings.
   

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• The U.S. energy harvesting market in 2022, 2023, and 2024 was valued at USD 156.8 million, USD 159.2 million, and USD 162.9 million, respectively. This support is fostering the use of solar and vibration energy systems in smart cities, various industries, and healthcare. Technology companies, along with green initiatives, are promoting building automation, which helps reduce carbon emissions in urban areas by implementing energy-efficient infrastructure.
   
• For instance, in 2024, the Department of Energy’s AFFECT Phase 2 program allocated USD 150 million to 67 projects. Among these, 29 projects will install integrated solar and vibration energy sensors in federal buildings, achieving over 1 watt of energy per sensor and maintaining over 95% operational efficiency across 28 states.
   
• The Canada market is expected to grow over CAGR of 9.9% by 2034. The country’s net-zero policies and smart grid initiatives in Ontario and Quebec are working in tandem with universities to develop durable technologies suitable for extreme climates. For instance, in 2021, Natural Resources Canada invested USD 100 million through its Green Infrastructure. This initiative integrates thermoelectric and piezoelectric energy harvesters into smart grids, which has improved the reliability of remote sensor networks from 55% to 87% till now.
   

North America Energy Harvesting Market Share

The top 4 companies in the North American energy harvesting industry are ABB, STMicroelectronics, Texas Instruments, and Honeywell. Together, they account for about 30% of the market share. These companies lead the industry through innovative technologies that capture energy from sources including sunlight, heat, and radio waves. They integrate these technologies into various applications, including Internet of Things (IoT) devices, building automation systems, and wireless sensor networks. By utilizing advanced power management techniques and forming strategic partnerships, they are responding to the increasing demand for sustainable and energy-efficient solutions across North America, supported by government incentives and smart city initiatives.
 

ABB is a prominent player in electrification and automation, ABB plays a key role in energy harvesting, providing solar energy systems and power management solutions for industries and buildings. In June 2024, ABB launched a new microgrid solution in the U.S. that combines solar and heat energy harvesting to power IoT sensors in smart factories, cutting energy costs by up to 20%. This innovative solution not only reduces energy costs but also contributes to a more sustainable and environmentally friendly operation.
 

North America Energy Harvesting Market Companies

• STMicroelectronics, located in Switzerland, reported revenues of USD 17.3 billion in 2024. Prominent in semiconductors, STMicroelectronics offers energy harvesting integrated circuits (ICs) and low-power microcontrollers for wireless sensors and consumer electronics. In March 2024, the company introduced a new energy harvesting chip designed for solar and radio frequency applications, improving the efficiency of IoT devices in smart cities across North America.
   
• Texas Instruments, headquartered in Texas, reported revenues of USD 17.5 billion in 2024. Known for its analog and embedded processing technologies, Texas Instruments provides power management ICs and energy harvesting solutions for automotive and industrial uses. In September 2024, they introduced a low-power converter for solar energy harvesting, catering to the growing demand for sustainable IoT solutions in North America.
   
• Honeywell, based in North Carolina, reported revenues of USD 36.7 billion in 2024. Prominent in industrial and building automation, Honeywell offers systems that capture energy from heat and vibration for smart infrastructure. In January 2024, Honeywell teamed up with a Canadian utility to deploy energy harvesting sensors in smart grids, aligning with Canada’s Clean Energy Strategy.
   

Some of the key market players operating across the North America energy harvesting market are:

• Azelio
• Advanced Linear Devices, Inc.
• ABB
• Allied Scientific Pro
• EnOcean
• Fujitsu
• Honeywell
• Mouser Electronics
• Mide Technology Corp.
• Powercast Corporation
• Perpetua Power
• Qualcomm
• Renesas Electronics Corporation
• STMicroelectronics
• Texas Instruments Incorporated
• ZF Friedrichshafen AG
   

North America Energy Harvesting Industry News

• In January 2024, Qualcomm partnered with a U.S.-based wearable technology startup to integrate ambient energy harvesting into its Snapdragon processors for smartwatches and fitness trackers. This project utilizes Qualcomm’s low-power chipsets to capture solar and kinetic energy, extending device battery life by up to 50%. Supported by the U.S. Department of Commerce’s initiatives for smart device innovation, this collaboration positions Qualcomm as a key player in the North American energy harvesting industry, focusing on consumer electronics.
   
• In March 2024, Powercast Corporation launched its RF energy harvesting module, designed to power wireless Internet of Things (IoT) sensors without batteries. This module captures ambient RF energy from sources including Wi-Fi routers, enabling continuous operation in smart buildings and industrial settings. Backed by the U.S. Department of Energy’s focus on energy-efficient technologies, this innovation strengthens Powercast’s role in the North American energy harvesting industry and reduces dependence on traditional power sources.
   
• In June 2024, EnOcean, a leader in batteryless wireless solutions, collaborated with a major U.S. smart building developer to install solar-powered IoT sensors across commercial properties in California. This project, in alignment with the U.S. Department of Energy’s Grid Resilience and Innovation Partnerships (GRIP) program, equips 500 buildings with energy-harvesting sensors for lighting and HVAC control, leading to a 15% reduction in energy consumption.
   
• In September 2024, Perpetua Power received a supply order to provide thermoelectric energy harvesting sensors for a Canadian oil and gas company’s remote monitoring systems. These sensors harness waste heat from pipelines to power wireless IoT devices, eliminating the need for battery replacements in challenging environments. Supported by Canada’s Clean Energy Strategy, this order enhances Perpetua Power’s contributions to the North American energy harvesting industry, particularly in industrial applications.
   

This North America energy harvesting market research report includes an in–depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 to 2034, for the following segments:

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Market, By Source

• Solar energy
• Vibration & kinetic energy
• Thermal energy
• Radio frequency (RF)
• Others

Market, By Component

• Energy harvesting transducer
• Power management integrated circuits (PMIC)
• Others

Market, By End Use

• Wireless sensor networks
• Consumer electronics
• Building automation
• Automotive
• Others

The above information has been provided for the following countries:

• U.S.
• Canada