Electromagnetic - Energy Harvesting System Market Statistics
The global electromagnetic energy harvesting system market size was valued at US$ 21.4 million in 2019 and is estimated to grow at a compound annual growth rate (CAGR) of 7.4% from 2019 to 2028.
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Electromagnetic - Energy harvesting system market highlights
- The global electromagnetic segment generated a revenue of USD 21.4 million in 2019 and is expected to reach USD 40.7 million by 2028.
- The market is expected to grow at a CAGR (2020 - 2028) of 11% by 2028.
- In terms of region, Europe was the largest revenue generating market in 2019.
- Country-wise, Australia is expected to register the highest CAGR from 2020 to 2028.
Market summary
| Market revenue in 2019 | USD 21.4 million |
| Market revenue in 2028 | USD 40.7 million |
| Growth rate | 11% (CAGR from 2020 to 2028) |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2028 |
| Quantitative units | Revenue in USD million |
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