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Energy harvesting, also referred to as energy scavenging/power harvesting, is a process in which small amounts of energy is captured from external sources including wind, solar, kinetic, etc. Energy thus generated is used in various applications for improving efficiency and enabling new technology. Successful energy harvesting technology requires expertise in energy storage, energy capture, metrology, material science and systems engineering.Global energy harvesting market was worth USD 132 million in 2012. It is anticipated to exceed USD 4.1 billion by 2019. This may be attributed to high demand for micro power generation, which is used to charge thin film batteries. Growth is also influenced by favorable conditions in the sensors and wireless sensor networks markets.
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Worldwide energy harvesting market will benefit from higher usage of harvested energy in telemedicine systems and m-health initiatives mainly, for providing clinicians with handset communications. The emergence of advanced storage devices is a positive development. Technologies of storage mediums like super-capacitors and thin-film batteries are becoming increasingly affordable. Moreover, energy scavenging devices have become more efficient. They are now capable of computing smartly being equipped with sensors that detect and measure change in conditions and make the required environmental adjustments.
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