HOME Top Market Reports Energy Harvesting System Market by Technology (Light, Vibration, RF, Thermal), Component, Application (Building & Home Automation, Consumer Electronics, Industrial, Transportation, Security), and Region - Global Forecast to 2023

Energy Harvesting System Market by Technology (Light, Vibration, RF, Thermal), Component, Application (Building & Home Automation, Consumer Electronics, Industrial, Transportation, Security), and Region - Global Forecast to 2023

By: marketsandmarkets.com
Publishing Date: July 2017
Report Code: SE 1196

 

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The energy harvesting system market is expected to witness high growth during the forecast period. The overall market is expected to grow from USD 311.2 Million in 2016 to USD 645.8 Million by 2023, at a CAGR of 10.62% between 2017 and 2023. The base year considered for the study is 2016, and the forecast period provided is between 2017 and 2023. The objective of the report is to provide a detailed analysis of the market based on technology, component, application, and region; information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges); and a detailed value chain analysis. Moreover, the objective of this report is to strategically profile the key players and competitive landscape for market players and provide information on product launches, acquisitions, partnerships, agreements, contracts, and collaborations in the energy harvesting system market.

The research methodology used to estimate and forecast the size of the energy harvesting system market begins with obtaining data on key vendor revenues through secondary research. Some of the secondary sources used in this research include information from various journals and databases such as IEEE journals, Factiva, Hoover’s, and OneSource. The vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall market size for energy harvesting system from the revenue of the key players. This data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The analysis of the energy harvesting system market includes extensive primary research to gather information, verify, and validate critical conclusions arrived at after an extensive secondary research.

After arriving at the overall market size, the total market has been split into several segments and subsegments. The following illustration shows the breakdown of primaries conducted during the research study on the basis of company type, designation, and region.

Energy Harvesting Market

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The ecosystem for energy harvesting system comprises manufacturers such as EnOcean GmbH (Germany), Mide Technology Corporation (US), Lord Microstrain (US); secondary battery and capacitor providers such as Cymbat Corporation (US), Linear Technologies (US), Murata Manufacturing Co. Ltd., (Japan), and Infinite Power Solution Inc. (US); power management IC manufacturers such as Linear Technologies (US), Cypress Semiconductor Corp. (US), STMicroelectronics (Switzerland), Texas Instruments (US), and Fujitsu (Japan).

The target audience for the report include:

  • Energy harvesting device manufacturers
  • Energy harvesting system developers
  • Secondary battery and capacitor manufacturers
  •  Distributors and traders
  •  Research organizations
  • Organizations, forums, alliances, and associations related to energy harvesting systems

“The study answers several questions raised by the stakeholders, primarily which market segments to focus on in the next two to six years for prioritizing efforts and investments.”

The market covered under this report has been segmented as follows:

Energy Harvesting System Market, by Technology:

  • Light Energy Harvesting
  • Vibration Energy Harvesting
  • Thermal Energy Harvesting
  • RF Energy Harvesting

Energy Harvesting System Market, by Component:

  • Transducers
  • PMICs
  • Secondary Batteries

Energy Harvesting System Market, by Application:

  • Building & Home Automation
  • Consumer Electronics
  • Industrial
  • Transportation
  • Security

Energy Harvesting System Market, by Region:

  • Americas
  • Europe
  • APAC
  • Rest of the World (RoW)

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players on the basis of various blocks of the value chain

Technology Analysis

  • Further breakdown of the technology segment, by component  

Application Analysis

  • Further breakdown of the application segment, by region, and by technology  

Geographic Analysis

  • Further breakdown of the geography segment, by country, by application, and by technology

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
    1.4 Scope of the Report
           1.4.1 Years Considered for the Study
    1.5 Limitations of the Report
    1.6 Currency
    1.7 Package Size
    1.8 Market Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
           2.2.3 Market Share Estimation
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 29)

4 Premium Insights (Page No. - 34)
    4.1 Attractive Market Opportunities in the Overall Energy Harvesting System Market
    4.2 Energy Harvesting System Market, By Technology
    4.3 Energy Harvesting System Market, By Application and By Component
    4.4 Region Analysis of the Energy Harvesting System Market
    4.5 Energy Harvesting System Market, By Region
    4.6 Energy Harvesting System Market, By Application
    4.7 Energy Harvesting Systems With Wireless Sensor Networks, By Component

5 Market Overview (Page No. - 39)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Demand for Safe, Power-Efficient, and Durable Systems That Require Minimum Or No Maintenance
                    5.2.1.2 Extensive Implementation of IoT Devices in Automation and Energy Harvesting Technology in Building and Home Automation
                    5.2.1.3 Increasing Trend for Green Energy and Favorable Initiatives By the Governments
                    5.2.1.4 Rising Adoption of Wireless Sensor Networks Equipped With Energy Harvesting System
           5.2.2 Restraints
                    5.2.2.1 Limitations of Remotely Installed Networking Modules
                    5.2.2.2 Higher Initial Cost Associated With Energy Harvesting System Curtails the Market Growth in Developing Countries
           5.2.3 Opportunities
                    5.2.3.1 Use of Sensors in Wearable Electronics
                    5.2.3.2 Use of Human Energy Harvesting for Implantable Biomedical Devices
                    5.2.3.3 Ocean Energy Harvesting
           5.2.4 Challenges
                    5.2.4.1 Standardization of Communication Protocols

6 Industry Trends (Page No. - 47)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Trends in Aviation Industry
           6.3.1 Energy Harvesting Tracking Solution for Cargo
           6.3.2 Energy Harvesting for Powering Electronic Windows
           6.3.3 Energy Harvesting for Damage Detection
           6.3.4 Energy Harvesting for Aircraft Subsystems
    6.4 Analysis of Applications

7 Energy Harvesting Market for Wireless Sensor Network, By Component and Sensor Type (Page No. - 53)
    7.1 Definition and Scope
           7.1.1 Wireless Sensor Network (WSN)
    7.2 Data Triangulation Methodology for Wireless Sensor Network With Energy Harvesting

8 Energy Harvesting System Market, By Technology (Page No. - 57)
    8.1 Introduction
    8.2 Light Energy Harvesting
    8.3 Vibration Energy Harvesting
    8.4 Radio Frequency (RF) Energy Harvesting
    8.5 Thermal Energy Harvesting

9 Energy Harvesting System Market, By Component (Page No. - 75)
    9.1 Introduction
    9.2 Transducer
           9.2.1 Photovoltaic
           9.2.2 Electrodynamic, Piezoelectric and Electromagnetic
                    9.2.2.1 Electrodynamic
                    9.2.2.2 Piezoelectric
                    9.2.2.3 Electromagnetic
           9.2.3 Thermoelectric
           9.2.4 Radio Frequency (RF) Transducer
    9.3 Power Management Integrated Circuit (PMIC)
    9.4 Secondary Battery
    9.5 Case Study

10 Energy Harvesting System Market, By Application (Page No. - 88)
     10.1 Introduction
     10.2 Building & Home Automation
     10.3 Consumer Electronics
     10.4 Industrial
     10.5 Transportation
     10.6 Security

11 Geographical Analysis (Page No. - 98)
     11.1 Introduction
     11.2 Americas
     11.3 Europe
     11.4 Asia Pacific (APAC)
     11.5 Rest of the World (RoW)

12 Competitive Landscape (Page No. - 116)
     12.1 Introduction
     12.2 Market Rank Analysis
     12.3 Competitive Scenario
     12.4 Competitive Leadership Mapping
             12.4.1 Visionary Leaders
             12.4.2 Dynamic Differentiators
             12.4.3 Innovators
             12.4.4 Emerging Companies
     12.5 Business Strategy Excellence
     12.6 Strength of Product Portfolio

Top 25 Companies Analyzed for This Study are - ABB, Advanced Linear Devices, Inc., Arveni, Bionic Power Inc., Convergence Wireless, Cymbat Corporation, Cypress Semiconductor Corporation, Enocean GmbH, Fujitsu, General Electric, Greenpeak Technologies, Greenteg, Honeywell International, Kinergizer Bv, Linear Technology, Lord Microstrain, Micro Gen, Microchip Technology Inc., Mide Tecnhology, O-Flexx Technologies GmbH, Piezo Systems, Inc., Powercast Corporation, Stmicroelectronics, Texas Instrument Incorporated, Voltree Power, Inc.

13 Company Profiles (Page No. - 123)
(Business Overview, Products Offered, Strength of the Product Portfolio, Business Strategy Excellence, Recent Developments and Key Relationships)
     13.1 Introduction
     13.2 ABB Limited
     13.3 Arveni
     13.4 Convergence Wireless
     13.5 Cymbat Corporation
     13.6 Enocean GmbH
     13.7 Fujitsu Limited
     13.8 Greenpeak Technologies B.V.
     13.9 Honeywell International Inc.
     13.10 Powercast Corporation
     13.11 Microchip Technology Inc.
     13.12 Stmicroelectronics N.V.
     13.13 Texas Instruments Incorporated
     13.14 Key Innovators
             13.14.1 Voltree Power Inc.
             13.14.2 Bionic Power Inc.
             13.14.3 O-Flexx Technologies GmbH

*Details on Business Overview, Products Offered, Strength of the Product Portfolio, Business Strategy Excellence, Recent Developments and Key Relationships Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 163)
     14.1 Insights of Industry Experts
     14.2 Discussion Guide
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Introducing RT: Real-Time Market Intelligence
     14.5 Available Customizations
     14.6 Related Reports
     14.7 Author Details


List of Tables (70 Tables)

Table 1 Government Initiatives
Table 2 Comparative Analysis of Applications
Table 3 History and Evolution of Wireless Sensor Network
Table 4 Market for Energy Harvesting Systems With Wireless Sensor Networks, By Component, 2014–2023 (USD Million)
Table 5 Market for Energy Harvesting System With Wireless Sensor Networks, By Sensor Type, 2014–2023 (USD Million)
Table 6 Energy Harvesting System Market, By Technology, 2014–2023 (USD Million)
Table 7 Energy Harvesting System Market, By Technology, 2014–2023 (Thousand Units)
Table 8 Energy Harvesting System Market for Light Energy Harvesting Technology, By Application, 2014–2023 (USD Million)
Table 9 Energy Harvesting System Market for Light Energy Harvesting Technology, By Region, 2014–2023 (USD Million)
Table 10 Light Energy Harvesting Market for Building Automation Application, By Region, 2014–2023 (USD Million)
Table 11 Light Energy Harvesting Market for Consumer Electronics Application, By Region, 2014–2023 (USD Million)
Table 12 Light Energy Harvesting Market for Industrial Application, By Region, 2014–2023 (USD Million)
Table 13 Light Energy Harvesting Market for Transportation Application, By Region, 2014–2023 (USD Million)
Table 14 Light Energy Harvesting Market for Security Application, By Region, 2014–2023 (USD Million)
Table 15 Energy Harvesting System Market for Vibration Energy Harvesting Technology, By Application, 2014–2023 (USD Million)
Table 16 Energy Harvesting System Market for Vibration Energy Harvesting Technology, By Region, 2014–2023 (USD Million)
Table 17 Vibration Energy Harvesting Market for Building Automation Application, By Region, 2014–2023 (USD Million)
Table 18 Vibration Energy Harvesting Market for Consumer Electronics Application, By Region, 2014–2023 (USD Million)
Table 19 Vibration Energy Harvesting Market for Industrial Application, By Region, 2014–2023 (USD Million)
Table 20 Vibration Energy Harvesting Market for Transportation Application, By Region, 2014–2023 (USD Million)
Table 21 Vibration Energy Harvesting Market for Security Application, By Region, 2014–2023 (USD Million)
Table 22 Energy Harvesting System Market for Radio Frequency (RF) Energy Harvesting Technology, By Application, 2014–2023 (USD Million)
Table 23 Energy Harvesting System Market for Radio Frequency (RF) Energy Harvesting Technology, By Region, 2014–2023 (USD Million)
Table 24 Radio Frequency (RF) Energy Harvesting System Market for Building Automation Application, By Region, 2014–2023 (USD Million)
Table 25 Radio Frequency (RF) Energy Harvesting System Market for Industrial Application, By Region, 2014–2023 (USD Million)
Table 26 Radio Frequency (RF) Energy Harvesting System Market for Security Application, By Region, 2014–2023 (USD Million)
Table 27 Energy Harvesting System Market for Thermal Energy Harvesting Technology, By Application, 2014–2023 (USD Million)
Table 28 Energy Harvesting System Market for Thermal Energy Harvesting Technology, By Region, 2014–2023 (USD Million)
Table 29 Thermal Energy Harvesting Module Market for Building Automation Application, By Region, 2014–2023 (USD Million)
Table 30 Thermal Energy Harvesting Module Market for Consumer Electronics Application, By Region, 2014–2023 (USD Million)
Table 31 Thermal Energy Harvesting Module Market for Industrial Application, By Region, 2014–2023 (USD Million)
Table 32 Thermal Energy Harvesting Module Market for Transportation Application, By Region, 2014–2023 (USD Million)
Table 33 Thermal Energy Harvesting Module Market for Security Application, By Region, 2014–2023 (USD Million)
Table 34 Energy Harvesting System Market, By Component, 2014–2023 (USD Million)
Table 35 Energy Harvesting System Market for Transducers, By Type, 2014–2023 (USD Million)
Table 36 Energy Harvesting Market for Transducers, By Technology, 2014–2023 (USD Million)
Table 37 Energy Harvesting System Market for PMICs, By Technology, 2014–2023 (USD Million)
Table 38 Energy Harvesting System Market for Secondary Batteries, By Type, 2014–2023 (USD Million)
Table 39 Energy Harvesting System Market for Secondary Batteries, By Technology, 2014–2023 (USD Million)
Table 40 Photovoltaic Cell: Walkie Talkie Skyscraper, 20 Fenchurch Street (London)
Table 41 Piezoelectric: Tokyo Subway Station (Japan)
Table 42 Energy Harvesting System Market, By Application, 2014–2023 (USD Million)
Table 43 Energy Harvesting System Market, By Application, 2014–2023 (Thousand Units)
Table 44 Energy Harvesting System Market for Building and Home Automation Application, By Region, 2014–2023 (USD Million)
Table 45 Energy Harvesting System Market for Building and Home Automation Application, By Technology, 2014–2023 (USD Million)
Table 46 Energy Harvesting System Market for Consumer Electronics Application, By Region, 2014–2023 (USD Million)
Table 47 Energy Harvesting System Market for Consumer Electronics Application, By Technology, 2014–2023 (USD Million)
Table 48 Energy Harvesting System Market for Industrial Application, By Region, 2014–2023 (USD Million)
Table 49 Energy Harvesting System Market for Industrial Application, By Technology, 2014–2023 (USD Million)
Table 50 Energy Harvesting System Market for Transportation Application, By Region, 2014–2023 (USD Million)
Table 51 Energy Harvesting System Market for Transportation Application, By Technology, 2014–2023 (USD Million)
Table 52 Energy Harvesting System Market for Security Application, By Region, 2014–2023 (USD Million)
Table 53 Energy Harvesting System Market for Security Application, By Technology, 2014–2023 (USD Million)
Table 54 Energy Harvesting System Market, By Region, 2014–2023 (USD Million)
Table 55 Energy Harvesting System Market in Americas, By Region, 2014–2023 (USD Million)
Table 56 Energy Harvesting System Market in North America, By Country, 2014–2023 (USD Million)
Table 57 Energy Harvesting System Market in Americas, By Application, 2014–2023 (USD Million)
Table 58 Energy Harvesting System Market in Americas, By Technology, 2014–2023 (USD Million)
Table 59 Energy Harvesting System Market in Europe, By Country, 2014–2023 (USD Million)
Table 60 Energy Harvesting System Market in Europe, By Application, 2014–2023 (USD Million)
Table 61 Energy Harvesting System Market in Europe, By Technology, 2014–2023 (USD Million)
Table 62 Energy Harvesting System Market in APAC, By Country, 2014–2023 (USD Million)
Table 63 Energy Harvesting System Market in APAC, By Application, 2014–2023 (USD Million)
Table 64 Energy Harvesting System Market in APAC, By Technology, 2014–2023 (USD Million)
Table 65 Energy Harvesting System Market in RoW, By Region, 2014–2023 (USD Million)
Table 66 Energy Harvesting System Market in RoW, By Application, 2014–2023 (USD Million)
Table 67 Energy Harvesting System Market in RoW, By Technology, 2014–2023 (USD Million)
Table 68 Major Transducer Manufacturers
Table 69 Major Power Management Ic Companies
Table 70 Major Energy Harvesting Cell Manufacturing Companies


List of Figures (63 Figures)

Figure 1 Energy Harvesting System Market Segmentation
Figure 2 Energy Harvesting System Market: Research Design
Figure 3 Research Flow of Market Size Estimation
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Assumptions of the Research Study
Figure 8 Transducer to Dominate the Energy Harvesting System Market Based on Components During the Forecast Period
Figure 9 Building and Home Automation Application to Lead the Energy Harvesting System Market Between 2017 and 2023
Figure 10 Energy Harvesting System Market for Light Energy Harvesting Technology to Grow at the Highest Rate During the Forecast Period
Figure 11 Americas to Be the Fastest-Growing Region in the Energy Harvesting System Market During the Forecast Period
Figure 12 Rising Demand for Safe, Power-Efficient, and Durable Systems That Require Minimum Or No Maintenance Drives the Market for Energy Harvesting System
Figure 13 Light Energy Harvesting Technology to Hold the Largest Size of the Energy Harvesting System Market By 2023
Figure 14 Building and Home Automation Application to Hold the Largest Share of the Energy Harvesting System Market By 2023
Figure 15 US to Hold the Largest Share of the Energy Harvesting System Market in Americas in 2023
Figure 16 Energy Harvesting System Market in Americas Expected to Grow at the Highest Rate During the Forecast Period
Figure 17 Building and Home Automation Application to Dominate the Energy Harvesting System Market By 2023
Figure 18 Energy Harvesting Market Witness Strong Growth in Wireless Sensor Networks, 2014–2023
Figure 19 Facility Management Systems Market for Building and Home Automation Application, By Wireless Communication Protocol
Figure 20 Value Chain Analysis: Major Value Addition Done By Component and Chip Manufacturers (OEMS) and Product Manufacturers
Figure 21 Inclination of Aviation Industry Toward Harvesting the Ambient Energy for Its Operations
Figure 22 Comparative Analysis of Applications: Technology Penetration in Each Application
Figure 23 Scope of Wireless Sensor Network With Energy Harvesting
Figure 24 Data Triangulation Methodology for Wireless Sensor Network With Energy Harvesting
Figure 25 Market for Energy Harvesting Systems With Wireless Sensor Networks, By Component, 2014–2023 (USD Million)
Figure 26 Light Energy Harvesting Technology to Lead the Energy Harvesting System Market During 2017–2023
Figure 27 Building and Home Automation Application to Dominate the Market for Systems Enabled With Vibration Energy Harvesting Technology During the Forecast Period
Figure 28 Building and Home Automation to Hold the Largest Size of the Radio Energy Harvesting System Market By 2023
Figure 29 Thermal Energy Harvesting System Market for Industrial Application Expected to Grow at the Highest Rate During the Forecast Period
Figure 30 Energy Harvesting System Market, By Component, 2014–2023 (USD Million)
Figure 31 Photovoltaic Cell (PV Cell)
Figure 32 Electrodynamic Transducer
Figure 33 Piezoelectric Transducer
Figure 34 Electromagnetic Transducer
Figure 35 Thermoelectric Transducer
Figure 36 RF Energy Harvesting
Figure 37 Radio Frequency-To-Dc Converter
Figure 38 Energy Harvesting System Market for Transducers, By Type, 2014–2023 (USD Million)
Figure 39 Energy Harvesting System Market for Secondary Batteries, By Type, 2014–2023 (USD Million)
Figure 40 Building and Home Automation Application to Dominate the Energy Harvesting System Market During the Forecast Period
Figure 41 Energy Harvesting System Market for Consumer Electronics Application in Americas to Grow at the Highest Rate During the Forecast Period
Figure 42 Americas Would Be the Fastest-Growing Region in the Energy Harvesting System Market Between 2017 and 2023
Figure 43 Geographic Snapshot for the Energy Harvesting System Market (2017–2023)
Figure 44 Snapshot of the Energy Harvesting System Market in the Americas
Figure 45 Energy Harvesting System Market in North America to Grow at A Higher Rate During the Forecast Period
Figure 46 Building & Home Automation Application to Lead the Energy Harvesting System Market in the Americas Between 2017 and 2023
Figure 47 Snapshot of the Energy Harvesting System Market in Europe
Figure 48 UK to Command the Energy Harvesting System Market in Europe During the Forecast Period
Figure 49 Snapshot of the Energy Harvesting System Market in APAC
Figure 50 China to Lead the Energy Harvesting System Market in APAC Between 2017 and 2023
Figure 51 Energy Harvesting System Market in APAC for Building & Home Automation Application to Grow at the Highest CAGR During the Forecast Period
Figure 52 Snapshot of the Energy Harvesting System Market in Rest of the World
Figure 53 Energy Harvesting System Market in RoW for Transportation Application to Grow at the Highest CAGR During the Forecast Period
Figure 54 Companies Adopted Product Development as the Key Growth Strategy Between December 2010 and June 2017
Figure 55 Energy Harvesting System Market Evaluation Framework
Figure 56 Battle for the Market Share
Figure 57 Competitive Leadership Mapping Chart
Figure 58 ABB: Company Snapshot
Figure 59 Fujitsu Limited: Company Snapshot
Figure 60 Honeywell International Inc.: Company Snapshot
Figure 61 Microchip Technology Inc.: Company Snapshot
Figure 62 Stmicroelectronics N.V.: Company Snapshot
Figure 63 Texas Instruments Incorporated: Company Snapshot

The energy harvesting system market is expected to be valued at USD 645.8 Million by 2023, growing at a CAGR of 10.62% between 2017 and 2023. The major factors driving the growth of this market include growing demand for safe, power-efficient, and durable systems that require minimum or no maintenance, extensive implementation of IoT devices in automation and energy harvesting technology in building and home automation, and increasing trend for green energy and favorable initiatives by the governments.

This report segments the energy harvesting system market on the basis of technology, component, application, and region. The energy harvesting system market for the building and home automation application is expected to witness a significant growth during the forecast period. The significant growth of this industry can be attributed to the increasing installation of wireless sensor networking (WSN) which is expected to boost the energy harvesting system market through increasing self-powered sensor networking.

The light energy harvesting technology accounted for the largest share of the energy harvesting system market in 2016. This growth can be attributed to its availability; solar energy is the most widely available natural resource that can be easily converted into electricity owing to which the manufacturing of solar-based products is increasing and the efficiency of photovoltaic cells is also increasing.

The energy harvesting system market for transducers is expected to grow at the highest rate between 2017 and 2023. This high market growth rate can be attributed to the rapidly growing adoption of energy harvesting systems in building and home automation, industrial, and transportation applications.

The Americas accounted for the largest share of the overall energy harvesting system market in 2016. This growth can be attributed to the high adoption of energy harvesting systems in the building and home automation application in the Americas and Europe compared to other regions.

Energy Harvesting Market

Standardization of communication protocols is one of the challenging factors impeding the growth of the energy harvesting system market. In the energy harvesting system, standardization of communication protocols helps companies develop devices with less analytical efforts. In wireless electronics, the communication protocol is the crucial factor that connects devices with each other. The standardized protocol is important for both components and the complete system. Various companies follow their compliance for communication; for example, devices from EnOcean follow the ISO/IEC 14543-3-1X international standard and devices from Linear Technology follow the EC6158, EDDL (IEC61804-3), and IEEE802.15.4 standards. The difference in communication protocols majorly hinders the growth of companies working in isolation, such as Linear Technology (US), or hinders the new entrants enter the market.

The key players in this market are EnOcean GmbH (Germany), Powercast Corporation (US), Cymbat Corporation (US), General Electric (US), Linear Technology (US), Convergence Wireless (US), Mide Tecnhology Corporation (US), Microchip Technology Inc.  (US), ABB Limited (Switzerland), Fujitsu Limited (Japan), STMicroelectronics (Switzerland), Honeywell International Inc. (US), Texas Instruments Incorporated (US), Lord Microstrain (US), and Cypress Semiconductors Corporation (US).

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