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The global energy harvesting system market size was USD 496.7 Million in 2022, growing at a CAGR of 12.1%. Internet of Things (IoT) devices in automation and energy harvesting, the need for durable, safe, and power-efficient systems, wireless sensor networks with energy harvesting systems, and the trend towards renewable green energy drive global market revenue. Energy harvesting converts ambient energy into electrical power. This method eliminates wires and batteries for electronics. Energy harvesting systems charge energy storage cells and manage power. Due to its environmental benefits, energy harvesting is used to power sensors and nodes. Energy harvesting lets self-powered sensors gather small amounts of energy from radio waves, heat energy, vibrations, and other sources. Population increase, sensor-based energy harvesting systems, and energy-efficient components drive the global market. Wastes environmental energy. Thus, energy harvesting systems' ability to capture and convert wasted energy into electrical energy for autonomous electronic devices or circuits is driving the global market. Sensors, watches, and appliances employ low-energy electricity.
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The report also discusses the key players involved in the market such as
Convergence Wireless, ABB, Cymbet Corporation, Honeywell International, Analog Devices, Inc., Powercast Corporation, Mide Technology, EnOcean GmbH, Fujitsu, Texas Instruments Inc
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