Energy Harvesting System Market

Market Definition

The market focuses on technologies and solutions that capture and convert ambient energy from external sources such as solar, thermal, kinetic, or electromagnetic energy into usable electrical power. These systems are primarily used to power low-energy electronic devices, reducing dependence on traditional power sources like batteries or external power supplies.

The market encompasses a wide range of components, including transducers, power management circuits, and energy storage units. The report examines critical driving factors, industry trends, regional developments, and regulatory frameworks impacting market growth through the projection period.

Energy Harvesting System Market Overview

The global energy harvesting system market size was valued at USD 483.5 million in 2024 and is projected to grow from USD 531.6 million in 2025 to USD 1110.4 million by 2032, exhibiting a CAGR of 10.75% during the forecast period.

This growth is attributed to the rising demand for self-powered and maintenance-free electronic systems across industrial, consumer, and healthcare applications, driven by the rapid expansion of IoT and wireless sensor networks. The need for reliable energy sources in remote locations is further contributing to the market expansion.

Major companies operating in the energy harvesting system industry are EnOcean GmbH, STMicroelectronics, Powercast Corporation, Cedrat technologies, Fujitsu Laboratories Ltd, Analog Devices, Inc., Texas Instruments Incorporated, Advanced Linear Devices, Inc., Microchip Technology Inc., Mide Technology Corp., Renesas Electronics Corporation., Infineon Technologies AG, Friedrichshafen AG, Qorvo, Inc, and Murata Manufacturing Co., Ltd.

Furthermore, technological advancements in piezoelectric, thermoelectric, and photovoltaic energy harvesting technologies, along with increasing emphasis on energy efficiency and sustainability, are driving market growth. The integration of energy harvesting systems into compact, low-power devices and the growing adoption of smart technologies across multiple sectors also contributing to the growth of the market.

• In January 2025, Nexperia launched the NEH71x0 series of inductor-less power management ICs for energy harvesting, designed to reduce board space and bill-of-materials costs. These compact power management integrated circuits (PMICs) are ideal for low-power IoT devices and support energy harvesting, battery charging, and battery-free operation with high efficiency.

Key Highlights

1. The energy harvesting system industry size was valued at USD 483.5 million in 2024.
2. The market is projected to grow at a CAGR of 10.75% from 2025 to 2032.
3. North America held a market share of 34.09% in 2024, with a valuation of USD 164.8 million.
4. The lights segment garnered USD 175.1 million in revenue in 2024.
5. The sensor segment is expected to reach USD 312.1 million by 2032.
6. The transportation segment is anticipated to witness fastest CAGR of 11.04% during the forecast period
7. The market in Asia Pacific is anticipated to grow at a CAGR of 11.78% during the forecast period.

Market Driver

Increased Demand for Sustainable and Renewable Energy Solutions

The energy harvesting system market is expanding steadily, fueled by the growing global emphasis on sustainable and renewable energy solutions across industrial, commercial, and consumer sectors. Growing environmental awareness and the global shift toward carbon neutrality are driving governments and organizations to adopt clean energy technologies.

These efforts aim to reduce reliance on fossil fuels and limit long-term ecological impact. Energy harvesting systems support these sustainability goals by capturing ambient energy such as solar, thermal, or kinetic and converting it into usable electrical power, offering a reliable and maintenance-free alternative to conventional energy sources.

Moreover, regulatory frameworks promoting energy efficiency, along with rising investments in green infrastructure and smart technologies, are expected to further accelerate the integration of energy harvesting solutions, thereby driving market growth.

• In March 2024, e-peas and Epishine partnered to enhance energy-efficient consumer electronics by combining e-peas’ PMIC expertise with Epishine’s indoor solar cells. This collaboration aims to optimize energy harvesting and power management for improved device performance and sustainability.

Market Challenge

Inconsistent and Unreliable Energy Sources

Inconsistent and unreliable ambient energy sources present a critical challenge for the energy harvesting system market, as the effectiveness of these systems is directly impacted by the availability and stability of external energy inputs such as light, heat, vibration, or radio frequency.

These energy sources are often intermittent and dependent on environmental conditions - solar energy, for example, tends to be more available outdoors than indoors or during cloudy weather, while vibration-based harvesting depends on mechanical motion, which may not consistently occur.  

This variability makes it difficult to ensure a consistent power supply, particularly for applications requiring continuous operation or high reliability, such as industrial monitoring systems or medical wearables. The lack of predictability in energy input affects performance and complicates system design and energy budgeting - the process of planning and managing limited energy resources to ensure that all system components operate reliably within the available power constraints.

To address this issue, key players are increasingly adopting hybrid energy harvesting approaches that combine multiple energy sources to compensate for the shortcomings of any single one.

The integration of efficient energy storage components, such as super capacitors or rechargeable batteries, enables temporary energy storage and buffered power delivery during periods of low energy availability. Moreover, ultra-low-power electronics and intelligent power management circuits are being employed to optimize energy usage and extend operational life.

Advanced energy-aware algorithms can dynamically adjust system activity based on energy input levels, further enhancing reliability. These strategies, combined with ongoing innovation in materials and miniaturized components, are making energy harvesting systems more robust and adaptable to fluctuating environmental conditions.

Market Trend

Integration with IoT and Smart Devices

A key trend in the energy harvesting system market is the integration of IoT and smart devices, enabling autonomous and more efficient power management solutions. Modern energy harvesting systems incorporate advanced sensors and low-power electronics that continuously capture ambient energy such as light, heat, and motion and convert it into usable electrical power to sustain IoT devices and smart sensors.

These systems support real-time monitoring of energy availability and device performance, allowing for adaptive power management that optimizes energy use and extends device lifespans.

• In April 2023, Matrix Industries partnered with Torex Semiconductor to advance energy harvesting solutions for IoT and wearable devices. The collaboration integrates Matrix’s thermoelectric generators with Torex’s ultra-low-power PMICs. This creates a reference design that supports battery-free, low-maintenance applications in areas such as industrial IoT and smart agriculture.

Integration with IoT platforms further enables seamless communication and data exchange, facilitating remote diagnostics and reducing the need for battery replacements or manual maintenance. Moreover, the design of compact, energy-efficient harvesting modules is fueling the development of self-powered and connected ecosystems. 

As the Internet of Things (IoT) continues to grow across various sectors, the integration of energy harvesting with smart technologies is contributing to improved reliability, energy efficiency, and long-term operation of modern device networks.

• In May 2025, Asahi Kasei Microdevices launched the AP4413 series of ultra-low current power management ICs for energy harvesting applications. These PMICs are ideal for IoT sensors and Bluetooth trackers and enables efficient battery charging with a low current of 52 nA.

Energy Harvesting System Market Report Snapshot

Segmentation	Details
By Technology	Lights, Vibration, Thermal, and Radio Frequency
By Component	Sensor, Transducer, Storage Devices, Power Management IC (PMIC), and Others
By Application	Industrial, Consumer Technology, Security, Transportation, Home and Building Automation, and Others
By Region	North America: U.S., Canada, Mexico
	Europe: France, UK, Spain, Germany, Italy, Russia, Rest of Europe
	Asia-Pacific: China, Japan, India, Australia, ASEAN, South Korea, Rest of Asia-Pacific
	Middle East & Africa: Turkey, U.A.E., Saudi Arabia, South Africa, Rest of Middle East & Africa
	South America: Brazil, Argentina, Rest of South America

Market Segmentation

• By Technology (Lights, Vibration, Thermal, and Radio Frequency): The lights segment earned USD 175.1 million in 2024 due to the widespread adoption of photovoltaic technology in indoor and outdoor energy harvesting applications.
• By Component (Sensor, Transducer, Storage Devices, Power Management IC (PMIC), and Others): The sensor segment held 28.08% of the market in 2024, due to the increasing deployment of wireless sensor networks across industrial, automotive, and smart infrastructure applications requiring self-powered sensing solutions.
• By Application (Industrial, Consumer Technology, Security, Transportation, Home and Building Automation, and Others): The industrial segment is projected to reach USD 277.0 million by 2032, owing to the growing adoption of energy harvesting systems in remote monitoring, predictive maintenance, and automation processes that demand reliable, battery-free power solutions.

Energy Harvesting System Market Regional Analysis

Based on region, the market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

North America energy harvesting system market share stood at around 34.09% in 2024, with a valuation of USD 164.8 million. This dominance is attributed to the region’s advanced technological infrastructure, early adoption of IoT and smart devices, and significant investments in industrial automation and smart building solutions. Government initiatives promoting energy efficiency and support for sustainable technologies are further driving market expansion.

Moreover, the presence of major market players and R&D hubs across the region is fueling ongoing innovation and commercialization of energy harvesting systems, in turn driving market growth. Additionally, the increasing demand for wireless, battery-free devices across healthcare, defense, and transportation sectors further driving the market in North America.

The energy harvesting system industry in Asia-Pacific is poised for significant growth at a robust CAGR of 11.78% over the forecast period. This growth is propelled by the rising demand for energy-efficient technologies in rapidly developing economies such as China, India, and Southeast Asia.

Additionally, the region’s increasing focus on industrial automation, growing smart city initiatives and the deployment of wireless sensor networks are driving the need for reliable, maintenance-free power solutions. Government programs supporting clean energy adoption and sustainability goals are further accelerating the integration of energy harvesting systems across transportation, environmental monitoring, and consumer electronics.

Moreover, the expansion of the regional electronics manufacturing ecosystem and ongoing investments in R&D are enhancing the development and availability of innovative energy harvesting solutions throughout Asia-Pacific.

• In May 2025, India’s Ministry of Science & Technology announced that researchers at JNCASR (Jawaharlal Nehru Centre for Advanced Scientific Research) developed a cost-effective, metal-free organic catalyst that produces hydrogen fuel by harvesting mechanical energy. This catalyst uses ferrielectric ordering to enhance charge separation, enabling efficient piezocatalytic water splitting.

Regulatory Frameworks

• Energy harvesting power sources are globally regulated under the International Electrotechnical Commission (IEC) standard IEC 62431, which provides standardized methods for testing and evaluating the electrical performance, reliability, and safety of power sources used in energy harvesting systems for low-power applications.
• In the European Union, energy harvesting systems and their components are regulated under the Waste Electrical and Electronic Equipment (WEEE) Directive 2012/19/EU, which establishes requirements for the collection, recycling, and environmentally sound disposal of electronic waste to minimize environmental impact and promote sustainable product lifecycle management

Competitive Landscape

The energy harvesting system industry is characterized by a moderately consolidated competitive landscape, with a mix of established companies and startups. Key market players are prioritizing strategies such as technological advancement, system miniaturization, and enhanced energy efficiency to meet the growing demand for sustainable and reliable power solutions.

Companies are also actively investing in R&D to develop compact, cost-effective, and high-performance energy harvesting systems that comply with industry standards and support diverse applications.

Moreover, strategic collaborations with IoT device manufacturers and smart technology providers, along with mergers and acquisitions, are being utilized to broaden market presence, secure key partnerships, and expand product portfolios across various sectors including consumer electronics, industrial automation, and healthcare.

• In September 2023, Sony Semiconductor Solutions developed a compact energy harvesting module that captures power from electromagnetic wave noise emitted by everyday devices. This technology powers low-energy IoT sensors and can monitor device status, aiding in maintenance and fault detection across various environments.

List of Key Companies  in Energy Harvesting System Market:

• EnOcean GmbH
• STMicroelectronics
• Powercast Corporation
• Cedrat technologies
• Fujitsu Laboratories Ltd
• Analog Devices, Inc.
• Texas Instruments Incorporated
• Advanced Linear Devices, Inc.
• Microchip Technology Inc.
• Mide Technology Corp.
• Renesas Electronics Corporation.
• Infineon Technologies AG
• Friedrichshafen AG
• Qorvo, Inc
• Murata Manufacturing Co., Ltd.

Recent Developments (Product Launch)

• In January 2025, MOKOSmart and e-peas launched the L01A-EH (Energy Harvesting), a solar-powered Bluetooth low energy (BLE) location anchor using e-peas' AEM10941 integrated circuit (IC). It is designed for low-maintenance tracking and navigation and runs on ambient light, removing the need for battery replacements.
• In January 2024, e-peas SA launched the AEM00920 and AEM10920 energy-harvesting PMICs designed for remote controls and wireless keyboards. These efficient ICs offer high energy conversion, adjustable power tracking, and built-in protection, all in a compact package that simplifies design and lowers costs.
• In February 2023, Asahi Kasei Microdevices Corp launched the AP4473, a low-power DC-DC step-up converter for energy harvesting. It boosts low voltages to power battery-free IoT devices and wearables using ambient thermal energy. This reduces maintenance and enables autonomous operation.