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Vibration Powered Generator Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027
Vibration Powered Generator Market
Vibration powered generator is a kind of electric generator that translates kinetic energy from vibration into electrical energy. The generator consists of transducer and resonator. Transducer is employed to convert vibration energy into electrical energy, while resonator is used to amplify the vibration source. Vibration power generator is used to supply power in wearable devices and other power electronics.
Key Drivers and Restraints of Global Vibration Powered Generator Market
Rise in demand for compact size power supply devices in microsystems that can be used in inaccessible areas where wires cannot be practically attached to provide power or transmit sensor data is expected to drive the global vibration powered generator market during the forecast period. Vibration powered generator converts vibration energy present in the environment into electrical energy for powering intelligent sensor systems. Thus, it is ideal for usage in microsystems.
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Electromagnetic Generator Segment Expected to Hold Major Share of Global Market
The global vibration powered generator market can be segmented based on type, application, and region
In terms of type, the global vibration powered generator market can be divided into piezoelectric, electrostatic, and electromagnetic generator. The electromagnetic generator segment is anticipated to expand significantly from 2019 to 2027, as electromagnetic generator offers simple design and fabrication than electrostatic and piezoelectric solutions.
In terms of application, the global vibration powered generator market can be bifurcated into consumer electronics and others. Demand for vibration powered generator is anticipated to be high in the consumer electronics segment in the near future. Vibration powered generators are employed to power wearable electronics, as they have the ability to convert low frequency vibration (present in the environment) into electrical power.
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Asia Pacific to Hold Major Share of Global Vibration Powered Generator Market
The global vibration powered generator market can be divided into Asia Pacific, Europe, North America, Middle East & Africa, and Latin America
The vibration powered generator market in Asia Pacific is expected to expand at a significant pace during the forecast period, due to the rise in consumer preference for consumer electronics, primarily in developing nations, including India and China. Improvement in standard of living, strong economic growth, and increase in disposable income are some of the factors fueling the demand for consumable electronics in the region.
North America is also projected to hold vital share of the global vibration powered generator market during the forecast period, due to shift in preference toward smart wearables. Ongoing technological innovations in generator design to enhance efficiency and reduce cost are expected to propel the market in the region in the near future.
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Key Players Operating in Global Market
Leading companies operating in the global vibration powered generator market include ReVibe Energy, Mitsubishi Electric Corporation, SOMATCO, Kendrion, Coles Electroacoustics, and IMV Corporation
Global Vibration Powered Generator Market: Research Scope
Global Vibration Powered Generator Market, by Type
Piezoelectric Generator
Electrostatic Generator
Electromagnetic Generator
Global Vibration Powered Generator Market, by Application
Consumer Electronics
Others
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