Consumer Sector Dominates Energy Harvesting
In terms of market value, variety of applications and number of devices the consumer sector will continue to be the primary energy harvesting industrial sector for the next 10 years, according to Energy Harvesting in Action.
The report details 160 successful and ongoing examples of energy harvesting in 31 countries across seven industrial sectors.
Along with the consumer sector, the defense and marine industries are the major industrial sectors using energy harvesting in the U.S. (see chart), the report says.
These sectors are largely focused on harnessing solar power. Photovoltaic harnessing is currently the most popular kind, IDTechEx believes its dominance will continue.
Electrodynamic energy harvesting – deriving power from such things as motion or vibration – is used most in the building and industrial sector in Germany and the automotive and railway industries in Japan, the report says.
Some $4.4 billion will be spent of energy harvesting in 2021, according to an earlier report by IDTechEx. Just $700 million will be spent on the practice in 2011, the report says.
Energy Manager News
- ERC Price Benchmark Trends Week Ending: July 22, 2016
- In Washington State, a New Rate Is Approved for Cryptocurrency Server Farms
- El Paso Electric Files Unopposed Settlement in Texas Rate Case
- PACE Financing Makes Progress but Still Encounters Opposition
- Grand View: Datacenter Cooling Market Worth $17.78B by 2024
- Idaho Opens First Solar Farm
- What You Need To Know About Green Insulation: Green Seal’s New Standard
- Obama Administration to Provide Up to $4.5 billion in Loan Guarantees for Electric Charging Stations