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Home » Semiconductor and Electronics » Self-Powered Sensors Market Size, Share, Trends, and Forecast 2024-2032

Self-Powered Sensors Market By Energy Harvesting Mechanism (Piezoelectric Sensors, Thermoelectric Sensors, Photovoltaic Sensors, Electromagnetic Sensors, Others); By Application (Smart Cities [Traffic Monitoring, Waste Management, Air Quality], Healthcare and Wearable Devices, Automotive [Tire Pressure, Engine Monitoring, Safety Systems], Industrial Automation [Predictive Maintenance, Process Optimization], Renewable Energy Systems, Others); By End User (Automotive Industry, Healthcare Sector, Industrial Sector, Energy and Utilities Sector, Consumer Electronics); By Geography, Segment revenue estimation, Forecast, 2024–2032.

Published On: DEC-2024   |   Base Year: 2022   |   No Of Pages: 150   |   Historical Data: 2017-2021   |   Formats: PDF   |   Report ID: 18921545

The self-powered sensors market was USD 1,204.5 million in 2023 and is expected to grow at a CAGR of 14.3% from 2024 to 2030, reaching a market size of USD 3,091.2 million. This high rate of development is attributed to innovation in energy capture technologies, the growth of IoT use cases, and the rising need for self-powered, recharge-less devices.

 

Self-sustained sensors are novel gadgets that harvest their power from the local surroundings, including light, heat, mechanical motion, or electromagnetic fields. This type of sensor can operate independently from outside sources of power and electricity, making it suitable for use in remote sensing, smart city sensing, health, automobile, and industry systems. This helps reduce energy usage within a given region or system by utilizing renewable energy to provide energy to the self-powered sensors.

 

Market Drivers

Integration of Internet of Things in smart cities: IoT-based technology is used in smart cities, thus encouraging self-powered sensors for functions like energy management or traffic and climatic condition checks. These sensors allow for continual data gathering without needing constant maintenance or replacement of power sources. Self-powered sensors were included in over 30% of smart city projects worldwide in 2023 to optimize the detection of urban utilities. Example: In 2023, Barcelona installed solar-energy-­powered mesh networks of air quality sensor beacons throughout the city to continuously provide pollution data.

 

Advancements in Energy Harvesting Technologies: Advanced methods of energy conversion, such as piezoelectric, thermoelectric, and photovoltaic, have enhanced self-powered sensor systems. These enhancements increase their utility in extreme and inaccessible regions. Example: In 2022, a piezoelectric self-powered tire pressure sensor was installed in one of the biggest automotive manufacturers’ cars, boosting safety and saving on maintenance.

 

Demand for Sustainable and Energy-Efficient Devices: Momentum towards sustainability and the drive to minimize carbon emissions have fueled the need for energy-saving gadgets. Self-powered sensors fit these objectives since they are also power savers and do not emit any form of battery waste. In 2023, more than 40% of newly installed industrial sensors across European industries were self-powered to achieve the EU’s environmental goals.

 

Expansion of Wearable Devices and Healthcare Monitoring: Self-powered sensors are used in the healthcare industry. These sensors include those for monitoring heart rate, glucose level, and body temperature. These sensors improve patient comfort because they offer lightweight and reciprocal links for long-term usage. Example: A medical device firm based in Michigan has developed an implantable, self-charging glucose monitor that will not need battery replacements in 2023.

 

Market Opportunities

Growth in Autonomous Vehicles: The general advancement in the use of autonomous vehicles has led to a great need for powered sensors to oversee vehicle parts, climate state, and safety measures. Example: A thermoelectric self-powered sensor is the highlighted technological component for 2023 that gives assurance in an autonomous vehicle startup model's temperature condition of auto parts.

 

Emergence of Industry 4.0: Integrating Industry 4.0 technologies in manufacturing plants has led to self-sustainable sensors for accurate predictive maintenance and continuous monitoring and control of processes without necessarily requiring power supply replenishment. Self-powered sensors remain crucial to the functioning of smart factories, with Investment Industry 4.0 technologies reaching USD 150 billion in 2023.

 

Market Restraints

High Initial Costs of Deployment: Self-powered sensors possess unique components like energy harvesters and smart material; they might be costly than traditional sensors, thereby, hampering their marketing in cost-segment markets.

 

Technological Limitations in Energy Harvesting: Energy harvesting technologies have developed over time, but environmental conditions affect their efficiency, hindering their effectiveness in some applications.

 

Market Segmentation

By Energy Harvesting Mechanism:

  • Piezoelectric Sensors

  • Thermoelectric Sensors

  • Photovoltaic Sensors

  • Electromagnetic Sensors

  • Others

 

By Application:

  • Smart Cities (Traffic Monitoring, Waste Management, Air Quality)

  • Healthcare and Wearable Devices

  • Automotive (Tire Pressure, Engine Monitoring, Safety Systems)

  • Industrial Automation (Predictive Maintenance, Process Optimization)

  • Renewable Energy Systems

  • Others

 

By End User:

  • Automotive Industry

  • Healthcare Sector

  • Industrial Sector

  • Energy and Utilities Sector

  • Consumer Electronics

 

By Region:

  • North America

  • Europe

  • Asia-Pacific

  • Latin America

  • Middle East & Africa

 

Segment Analysis

Leading Energy Harvesting Mechanism: Piezoelectric Sensors

Piezoelectric sensors remain the most popular and are expected to reach 35% of the market share by the year 2023 because of their usage in automotive, industrial, and other equipment monitoring systems. Example: In 2023, one of the automobile manufacturers incorporated piezoelectric self-powered sensors into a Tire pressure monitoring system for vehicle safety and fuel economy.

 

Leading Application Segment: Telecare and Health Wearable Technologies

The largest application segment is healthcare, accounting for 30% of market revenue in 2023 due to the increasing requirement for contactless, battery-less monitoring solutions. Example: A wearable device producer released a self-charging ECG gadget in 2022, which could constantly track the heart’s health and did not require charging often.

 

Regional Analysis

The North American region continues dominating the market with the largest market share of 40% in 2023, backed by technological advancements, high IoT adoption to smart cities, and a solid healthcare structure. The IoT Analytics report further shows that in 2023, the U.S. held a share of 35% of the overall global IoT implementations a major chunk of which consisted of self-powered sensors. In 2023, a smart city project in America developed autonomic waste services with self-powered sensors to monitor the level of full bins and provide an optimal collection plan.

 

Europe is the largest contributor to global revenue, with 30% due to the harsh sustainability policies set in this region as well as the widespread use of Industry 4.0 technologies. The three largest adopters of self-powered sensors worldwide are Germany, the United Kingdom, and France in industrial and renewable energy segments. Example: Self-powered sensors for blade monitoring were installed for a German wind turbine manufacturer in 2022 to improve system efficiency and reliability.

 

The Asia-Pacific region is a dynamic market driven by industrialization, urbanization, and investments in the Internet of Things (IoT). China, India, and Japan are key players in this development. In 2023, the region accounted for 45% of global wearable device manufacturing to meet the demand for self-powered sensors. For instance, China used photovoltaic self-powered sensors in smart grid projects to monitor power supply in real-time.

 

Key Players

  • Texas Instruments Inc.

  • ABB Ltd.

  • Honeywell International Inc.

  • STMicroelectronics N.V.

  • Siemens AG

  • Schneider Electric SE

  • Cypress Semiconductor Corporation

  • EnOcean GmbH

  • Fujitsu Limited

  • Microchip Technology Inc

 

Self-Powered Sensors Market Report Coverage

Report Attribute

Details

Forecast Period

2024 – 2030

Market Size Value in 2023

USD 1.2 billion

Revenue Forecast in 2030

USD 3.1 billion

Overall Growth Rate

CAGR of 14.3% (2024 – 2030)

Base Year for Estimation

2023

Historical Data

2017 – 2021

Unit

USD Billion, CAGR

Segmentation

By Energy Harvesting Mechanism, By Application, By End-User, By Region

By Energy Harvesting Mechanism

Piezoelectric Sensors, Thermoelectric Sensors, Photovoltaic Sensors, Electromagnetic Sensors, Others

By Application

Smart Cities, Healthcare and Wearable Devices, Automotive, Industrial Automation, Renewable Energy Systems, Others

By End-User

Automotive Industry, Healthcare Sector, Industrial Sector, Energy and Utilities Sector, Consumer Electronics

By Region

North America, Europe, Asia-Pacific, Latin America, Middle East & Africa

Key Market Drivers

Growth of IoT, demand for sustainable devices, advancements in energy harvesting technologies

Major Players

Texas Instruments Inc., ABB Ltd., Honeywell International Inc., STMicroelectronics N.V., Siemens AG

Pricing and Purchase Options

Custom pricing options available.

 

Future Outlook

The self-powered sensors market is therefore expected to rise, driven by recent developments in energy harvesting solutions, the continuous growth of IoT-related solutions, and the push for sustainability. The markets in Asia-Pacific and Latin America are predicted to be future growth hotspots because of increased urbanization and positive adoption of innovative advanced technologies.

 

Companies establishing a reputation for creating lightweight, affordable, and versatile products are likely to withstand competition. By 2030, self-powered sensors will have tremendous potential in IoT, smart cities, and industrial automation and will create a foundation for a smart world.

Frequently Asked Question About This Report

The market was valued at USD 1.2 billion in 2023 and is expected to grow at a CAGR of 14.3%, reaching USD 3.1 billion by 2030.

Key factors include the rise of IoT in smart cities, advancements in energy harvesting technologies, demand for sustainable and energy-efficient devices, and growth in healthcare monitoring and wearable devices.

North America held the largest market share of 40% in 2023, driven by advancements in IoT and strong adoption of smart city technologies.

Major players include Texas Instruments Inc., ABB Ltd., Honeywell International Inc., STMicroelectronics N.V., and Siemens AG.

Healthcare and wearable devices accounted for 30% of the market revenue in 2023, due to increasing demand for contactless, battery-less monitoring solutions.

.

Table of Contents

EXECUTIVE SUMMARY
•    Overview of the Self-Powered Sensors Market
•    Key Market Trends and Opportunities
•    Market Attractiveness by Energy Harvesting Mechanism, Application, End User, and Region
•    CXO Perspective
MARKET INTRODUCTION
•    Definition and Scope of the Self-Powered Sensors Market
•    Market Structure Overview
•    Key Findings and Insights
•    Macro Factor Indicator Analysis
RESEARCH METHODOLOGY
•    Research Process Overview
•    Primary Research
•    Secondary Research
•    Market Size Estimation and Forecast Model
•    Data Triangulation and Validation
MARKET DYNAMICS
•    Introduction
•    Market Drivers
•    Market Restraints
•    Opportunities and Challenges
•    Impact of COVID-19 on the Self-Powered Sensors Market
GLOBAL SELF-POWERED SENSORS MARKET ANALYSIS
•    Overview
•    Global Market Historical Size and Volume (2022–2032)
•    Global Market Size, Volume, and Forecast (2024–2032)
•    By Energy Harvesting Mechanism
o    Piezoelectric Sensors
o    Thermoelectric Sensors
o    Photovoltaic Sensors
o    Electromagnetic Sensors
o    Others
•    By Application
o    Smart Cities (Traffic Monitoring, Waste Management, Air Quality)
o    Healthcare and Wearable Devices
o    Automotive (Tire Pressure, Engine Monitoring, Safety Systems)
o    Industrial Automation (Predictive Maintenance, Process Optimization)
o    Renewable Energy Systems
o    Others
•    By End User
o    Automotive Industry
o    Healthcare Sector
o    Industrial Sector
o    Energy and Utilities Sector
o    Consumer Electronics
•    By Region
o    North America
o    Europe
o    Asia-Pacific
o    Latin America
o    Middle East & Africa
NORTH AMERICA SELF-POWERED SENSORS MARKET ANALYSIS
•    Overview
•    Historical Market Size and Volume (2022–2032)
•    Market Size, Volume, and Forecast (2024–2032)
•    By Energy Harvesting Mechanism
•    By Application
•    By End User
•    By Country
o    U.S.
o    Canada
o    Mexico
EUROPE SELF-POWERED SENSORS MARKET ANALYSIS
•    Overview
•    Historical Market Size and Volume (2022–2032)
•    Market Size, Volume, and Forecast (2024–2032)
•    By Energy Harvesting Mechanism
•    By Application
•    By End User
•    By Country
o    Germany
o    U.K.
o    France
o    Italy
o    Spain
o    Rest of Europe
ASIA-PACIFIC SELF-POWERED SENSORS MARKET ANALYSIS
•    Overview
•    Historical Market Size and Volume (2022–2032)
•    Market Size, Volume, and Forecast (2024–2032)
•    By Energy Harvesting Mechanism
•    By Application
•    By End User
•    By Country
o    China
o    Japan
o    India
o    South Korea
o    Australia
o    Rest of Asia-Pacific
LATIN AMERICA SELF-POWERED SENSORS MARKET ANALYSIS
•    Overview
•    Historical Market Size and Volume (2022–2032)
•    Market Size, Volume, and Forecast (2024–2032)
•    By Energy Harvesting Mechanism
•    By Application
•    By End User
•    By Country
o    Brazil
o    Argentina
o    Rest of Latin America
MIDDLE EAST & AFRICA SELF-POWERED SENSORS MARKET ANALYSIS
•    Overview
•    Historical Market Size and Volume (2022–2032)
•    Market Size, Volume, and Forecast (2024–2032)
•    By Energy Harvesting Mechanism
•    By Application
•    By End User
•    By Country
o    UAE
o    Saudi Arabia
o    South Africa
o    Rest of Middle East & Africa
COMPETITIVE LANDSCAPE
•    Key Players Revenue and Market Share Analysis
•    Recent Developments and Strategies
COMPANY PROFILES
•    Texas Instruments Inc.
o    Company Overview
o    Product Portfolio
o    Key Strategies and Developments
•    ABB Ltd.
•    Honeywell International Inc.
•    STMicroelectronics N.V.
•    Siemens AG
•    Schneider Electric SE
•    Cypress Semiconductor Corporation
•    EnOcean GmbH
•    Fujitsu Limited
•    Microchip Technology Inc.
LIST OF TABLES AND FIGURES
•    Table: Self-Powered Sensors Market Size by Energy Harvesting Mechanism, 2024–2032 (USD Million)
•    Table: Self-Powered Sensors Market Size by Application, 2024–2032 (USD Million)
•    Table: Self-Powered Sensors Market Size by End User, 2024–2032 (USD Million)
•    Table: Self-Powered Sensors Market Size by Region, 2024–2032 (USD Million)
•    Figure: Regional Demand Trends
•    Figure: Competitive Landscape Analysis

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