The global energy harvesting market was worth US$ 511.6 Million in the year 2020 and is expected to reach US$ 1 Billion by the year 2032 at a CAGR of 7.5% between 2022 and 2032.
The ongoing trend of green energy harvesting is governing the energy harvesting market. The governments are also driving conducive initiatives. Industrial WSNs (Wire Sensor Networks) also use energy harvesting, which is catalyzing the energy harvesting market.
Nanotechnology has made way for handsome growth opportunities as it helps in producing compact-sized devices.