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Piezoelectric Energy Harvesting System Market Growth Opportunities, Share Demand and Forecast to 2025

Author : Rahul Sankrityayan | Published Date : 2019-09-12 

Global Market Insights recently introduced report on global Piezoelectric Energy Harvesting System Market report is an in-depth study providing complete analysis of the industry for the period 2018 to 2024. It provides complete overview of the industry considering all the major industry trends, market dynamics and competitive scenario.

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.

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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.

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.

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.

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 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.

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.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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