Piezoelectric Energy Harvesting System Market Size, Industry Analysis Report, Regional Outlook, Application, End User, Region Trends, Competitive Market Share & Forecast
Report ID: GMI3506
Piezoelectric Energy Harvesting System Market is anticipated to witness growth on account of increasing demand of efficient and durable systems with minimal operational cost. Increase in government and private partner investments along with favorable environmental norms will positively influence the industry outlook. Moreover, global inclination towards renewable energy usage along with consumer awareness for technological innovation will augment the business growth.
Ongoing technological advancement in lead zirconate titanate (PZT) ceramics across LV and HV power application will positively influence the piezoelectric energy harvesting system market. Under high driving field, PZT provides low di-electric losses coupled with high electro-mechanical coupling co-efficient and di-electric stability complementing the product demand. Moreover, high voltage sensitivity, stability along with high volume resistivity over a wide temperature range are few indispensable factors driving the product demand.
Increasing energy demand in developing regions on account of rising infrastructural investments favored by expansion of heavy industries will augment the industry dynamics. High initial cost coupled with standardized communication protocol have continually been hindering the technological adoption. However, wide application portfolio across transportation, defense and aeronautics, building & home automation, medical and environment control will complement the piezoelectric energy harvesting system market growth.
Vibration EHS utilizes machinery vibrations ranging from very low level vibration (10’s of mG) to high level vibration (50-60 HZ), providing reliable long life power supplies complementing the piezoelectric energy harvesting system market. Furthermore, rapid growth in nanotechnology with respect to the reduction in the overall product size of these devices has further extended adoption across oil & gas, chemical manufacturing, food and water treatment industries.
Micro-electromechanical system (EH-MEMS) provides extended operating life, custom specific applications and reliability to energy autonomy and miniaturization (IoT applications) which will positively influence the piezoelectric energy harvesting system market. Although, increasing costs, limited availability, and insufficient power output & frequent replacement restrains product deployment. However, integration of zero power energy autonomous technologies coupled with portable electronics and advanced wireless sensors will augment the product penetration.
North America is anticipated to witness growth across the industry verticals owing to increased automation in piezo-electric EHS. Gradual alliance to promote interoperability and industry standards along with increased investment will positively influencing the industry growth. Furthermore, research & development with respect to sensor technology, strain and packing density, and cost reduction through economies of scale will positively influence the piezoelectric energy harvesting system market
Major participants in piezoelectric energy harvesting system market are Silex Microsystem, PI Ceramic, Honeywell, NGK Electronics Devices, Texas Instruments, Boeing, Smart Material, Digikey, Cymbet, Advanced Ceramatics, Microstrain and others.
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