Energy from Wireless Signals Market

Energy from Wireless Signals Market Overview

The global Energy from Wireless Signals Market size was valued at USD XX billion in 2023 and is predicted to reach USD YY billion by 2030 with a CAGR of XY from 2023 to 2030.

Energy from wireless signals market also known as wireless harvesting market or radio frequency (RF) energy harvesting market refers to the process of capturing and converting signals from various sources into usable electric energy. 

This technology leverages the abundance of wireless signals generated by devices such as Wi-Fi routers and broadcast antennas that convert them into a power source for small and low energy devices such as sensors, IoT gadgets and wearable devices. 

This process involves using antennas to capture RF signals, rectifiers to convert the alternating current (AC) signals into direct current (DC) power and energy storage component to accumulate the harvested energy. This innovative approach enables the development of self-sustaining electronic devices by reducing reliance on batteries and enhancing the feasibility of deploying wireless sensors in remote or inaccessible locations.

The incorporation of RF energy harvesting into product designing creates a new wave of smart and autonomous devices that require minimal maintenance. This technology is poised to transform the landscape of energy consumption and electronic device functionality by reducing dependency on traditional power sources and reducing the battery waste and operational costs. The advancements of wireless energy harvesting technology drives the evolution of self-sustaining, eco-friendly devices seamlessly integrated into daily life that leads to smarter and more energy-efficient systems across various industries.

Market Dynamics and Trends

The rapidly growing internet of things (IoT) industry fuels the growth of the energy from wireless signals industry by necessitating the demand for wireless power solution across various industries. Energy harvesting from wireless signals provides a sustainable and convenient way to power IoT devices that reduces the need for frequent battery replacements enables remote operations. 

According to the NMSC report, the global IoT market size valued at USD 541.72 billion in 2022 and it is projected to reach USD 2412.93 billion by 2030. The IoTs captures harvested energies from RFs and convert them into DCs to charge batteries or low power IoT sensors and devices that enables them to operate independently without relying on traditional power sources.

Moreover, the growing industrial sector further fuels the growth of the RF harvesting industry as it adopts automation and smart technologies that creates demand for reliable and maintenance free power sources. 

According to the United Nations Industrial Development Organization (UNIDO) report 2023, globally there is a growth of 2.3% in the industrial sector including manufacturing, electricity, mining, water supply, waste management and others. 

Thus, wireless harvesting provides an ideal solution for powering sensors, monitoring systems, and other industrial IoT devices that reduces the need for wired connections and supports the innovation within the energy from wireless signals market expansion.

Furthermore, the initiatives by various research institutions and universities propels the growth of the energy from wireless signals industry. The cutting-edge research and development conducted by these organizations advance energy harvesting technologies, explore new materials, and enhance efficiency system. 

For instance, in July 2024, National University of Singapore (NUS) developed a new battery-free system that harness the ambient RF signals to power electronic devices and sensor. This innovative solution drive technological advancements and expansion of the market by eliminating the need for traditional batteries. However, the radiations generated from RF harvesting raises concerns about potential health risks that hinders the energy from wireless signals market growth.

On the contrary, the investment towards 6G technology is projected to create future growth opportunities in the market as 6G enables higher signal efficiency and enhance the effective ness of energy harvesting from wireless signals. For instance, in May 2024, Swedish Governmental Agency for Innovation Systems (Vinnova) invested USD 85.51 million to develop technologies     that improves the speed, data processing, and connectivity while reducing the latency for industrial automation.

Market Segmentation and Scope of the Study

Energy from wireless signals market report is divided on the basis of components, technology, application, end user, and region. On the basis of component, the market is divided into antennas, rectifiers, impede matching circuit, charge storage device, power management unit, and load. On the basis of technology, the market is bifurcated into radio frequency (RF), microwave signals, ambient light, Zigbee, Wi-Fi, and Bluetooth. On the basis of application, the market is classified into smartphones, IoT devices, and wearable devices. Based on end user, the market is categorized into consumer electronics and industrial. Regional breakdown and analysis of each of the aforesaid segments includes regions comprising of North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America dominates the energy from wireless signals industry share during the forecast period. This is attributed to the adoption of energy and wireless signals in the retail and medical industry driving the market expansion. 

For instance, in August 2022, Energous Corporation collaborated with e-peas and launched new wireless energy harvesting evaluation tool kit to allow devices to operate without batteries in various sectors such as retail and medical application. This collaboration enables the sharing of expertise, resources, and technologies that leads to more effective and scalable energy harvesting systems in the industry.

Furthermore, the growth of industrial sector in the region fuels the expansion of the RF energy harvesting industry by necessitating the demand for smart, reliable, and maintenance free power sources. 

According to the U.S. Department of Commerce report 2023, the manufacturing sector contributed USD 2.3 trillion to the country’s GDP that is equivalent to 11.4% in 2022. The shift towards more efficient and sustainable energy solutions supports the growth of the energy from wireless signals industry by providing ideal solution for powering sensors, monitoring systems, and other industrial IoT device.

On the other hand, Asia-Pacific is considered the fastest growing region in terms of energy from wireless signals industry. This is due to the presence of prominent player such as Sony Semiconductor Solutions, INFRGY LLC, and others involved in various market strategies including product launch to maintain their dominance in the region. 

For instance, in September 2023, Sony Semiconductor Solutions created an energy harvesting module that effectively produces power from electromagnetic wave noise made by electronic devices. This competitive landscape fosters technological advancements and accelerates market expansion by making the region a significant hub for the RF energy harvesting industry.

Moreover, the rapidly expanding IoT industry fuels the market growth in the region as IoTs necessitates the demand for more efficient and wireless power solutions. According to the latest report published by the IoT Analytics, China’s IoT market valued at USD 48 billion in 2023 compared to USD 39 billion 2022 that is an increase of 23.1%. 

Energy harvesting from wireless signals provides a sustainable method to power these devices that supports their continuous operation and reduces the need for frequent battery replacements. 

Competitive Landscape

The energy from wireless signals industry comprising of various key market players such as Ossia Inc., INFRGY LLC, EnOcean GmbH., Energous Corporation, Powercast Corporation, Sony Semiconductor Solutions Corporation, e-peas, Everactive, Inc., Micropelt GmbH, Atmosic Technologies, and others. 

These market players are adopting various strategies such as product launches to maintain their dominance in the market.For instance, in June 2023, Ossia Inc. collaborated with Nichicon Corporation to build Cota-enabled IoT devices. This collaboration aims to provide wireless power integration, enhanced convenience and efficiency, and innovative IoT solutions for the consumers.

Moreover, in November 2022, EnOcean GmBH launched a maintenance-free wireless solutions for the IoT based on energy harvesting. This makes it suitable for a broad variety of IoT applications, from smart working concept to intelligent solutions that optimizes the CO2 footprints over the industries.

Furthermore, in June 2022, Powercast collaborated with InPlay to create a battery-free, maintenance-free, long-range IoT sensor system that is powered over 120 feet using Powercast's RF-based wireless power technology. This innovation enables efficient, green IoT networks at unprecedented distances, reducing the need for battery maintenance and downtime.

Key Benefits

• The report provides quantitative analysis and estimations of the energy from wireless signals market from 2024 to 2030, which assists in identifying the prevailing industry opportunities.

• The study comprises a deep-dive analysis of the current and future energy from wireless signals market trends to depict prevalent investment pockets in the industry.

• Information related to key drivers, restraints, and opportunities and their impact on the energy from wireless signals industry is provided in the report.

• Competitive analysis of the key players, along with their market share is provided in the report.

• SWOT analysis and Porters Five Forces model is elaborated on the study.

• Value chain analysis in the market study provides a clear picture of roles of stakeholders.

Energy from Wireless Signals Market Key Segments

By Component 

• Antennas

• Rectifiers

• Impede Matching Circuit

• Charge Storage Device

• Power Management Unit

• Load

By Technology

• Radio Frequency (RF)

• Microwave Signals

• Ambient Light

• Zigbee

• Wi-Fi

• Bluetooth

By Application

• Smartphones

• IoT Devices

• Wearable devices

By End User

• Consumer Electronics 

• Industrial

By Region

• North America

  • The U.S.

  • Canada

  • Mexico

• Europe

  • The UK

  • Germany

  • France        

  • Italy        

  • Spain        

  • Denmark        

  • Netherlands        

  • Finland        

  • Sweden

  • Norway        

  • Russia        

  • Rest of Europe

• Asia-Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • Singapore

  • Taiwan

  • Thailand

  • Rest of Asia-Pacific

• RoW

  • Latin America

  • Middle East

  • Africa

REPORT SCOPE AND SEGMENTATION:

Key Players

• Ossia Inc.

• INFRGY LLC

• EnOcean GmbH.

• Energous Corporation

• Powercast Corporation

• Sony Semiconductor Solutions Corporation

• e-peas

• Everactive, Inc.

• Micropelt GmbH

• Atmosic Technologies