NORTH AMERICA ENERGY HARVESTING MARKET FORECAST 2020-2028

NORTH AMERICA ENERGY HARVESTING MARKET FORECAST 2020-2028

  • February 2020 •
  • 133 pages •
  • Report ID: 5178796 •
  • Format: PDF
KEY FINDINGS
The North America energy harvesting market is estimated to register a CAGR of 10.24% during the forecast period of 2020-2028. North America is one of the top R&D destinations in the world, with an average of $200 billion in R&D investments made annually. Universities and academic communities are collaborating with industries to bring sustainable energy products into the market. These investments are favoring the growth of the market in the region.

MARKET INSIGHTS
The market region of North America, with regard to the energy harvesting market, is studied through countries such as the US and Canada.Canada is one of the world’s biggest energy resource exporters.

Canada has a monopoly for exporting energy resources because of its oil, natural gas, and uranium reserves.However, the government has stressed on making the existing infrastructure networks, buildings, and transport systems more efficient in the country.

The demand for energy has increased by 1.5% in the last couple of years. Renewable energy accounts for over 19%, while hydroelectric accounts for the majority 60% of the total renewable energy. In 2008, the Canadian government passed the Federal Sustainable Development Act (FSDA) in accordance with the market’s sustainability. Through federal sustainable development strategy (FSDS), the Canadian government aims to diversify its current energy infrastructure, and increase renewable energy share of about 50% by 2030. The Canadian government plans to invest approximately $150-250 million, towards sustainable infrastructure, especially in cities and industries promoting innovations. The government is also encouraging companies to invest by offering tax credits. The academic community is collaborating with private companies to commercialize their sustainable products. Canada is also a lucrative market for EH companies.

COMPETITIVE INSIGHTS
Cymbet Corporation, Mouser Electronics, Inc., Microchip Technology, Honeywell International Inc., Convergence Wireless, etc. are some of the major companies operating in the market.

Our report offerings include:
•Explore key findings of the overall market
•Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
•Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
•Market Segmentation cater to a thorough assessment of key segments with their market estimations
•Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
•Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
•Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
•Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1.ABB LIMITED
2.CONVERGENCE WIRELESS
3.CYMBET CORPORATION
4.ENOCEAN GMBH
5.FUJITSU LIMITED
6.GREEN TEG
7.G24I POWER LTD
8.MOUSER ELECTRONICS, INC.
9.HONEYWELL INTERNATIONAL INC.
10.MICROCHIP TECHNOLOGY
11.LAIRD TECHNOLOGY
12.SCHNEIDER ELECTRIC
13.SIEMENS AG
14.STMICROELECTRONICS N.V.
15.TEXAS INSTRUMENT INCORPORATED