Wireless & Free: $1.58 Billion Market for Sensor Power

Comments · 143 Views

Energy harvesting technology offers a compelling alternative.

 

wireless sensor network market was valued at USD 429.6 Million in 2015 and is expected to reach USD 1576.9 Million by 2022, at a CAGR of 19.1% between 2016 and 2022. The base year considered for the study is 2015 and the forecast period is between 2016 and 2022.

The world of wireless sensor networks (WSNs) is undergoing a quiet revolution. These networks, comprised of tiny sensors that collect data on everything from temperature and humidity to vibrations and air quality, are increasingly ditching their reliance on batteries and turning to a more sustainable solution: energy harvesting.

Traditionally, WSNs have been powered by batteries. While this offers initial ease of deployment, it presents a significant long-term challenge. Replacing batteries in hundreds, or even thousands, of sensors spread across a wide area can be costly, time-consuming, and disruptive. Additionally, the environmental impact of discarded batteries adds another layer of concern.

Energy harvesting technology offers a compelling alternative. These systems capture ambient energy from the surrounding environment, such as solar, vibration, or thermal energy, and convert it into usable electricity to power the sensor nodes. This eliminates the need for battery replacements, leading to several benefits:

  • Reduced Maintenance: Removing the need for constant battery changes translates to significant cost savings in terms of labor and materials. It also reduces the logistical headaches associated with accessing potentially remote or difficult-to-reach sensor locations.
  • Extended Network Life: With a continuous energy source, WSNs powered by energy harvesting systems can operate for much longer durations, enhancing the overall lifespan and value of the network.
  • Environmental Sustainability: By utilizing renewable energy sources, energy harvesting aligns perfectly with current sustainability goals. It eliminates the environmental burden of discarded batteries and minimizes the network’s carbon footprint.

The field of energy harvesting for WSNs is experiencing a surge in innovation. Researchers are constantly developing new methods to improve the efficiency of these systems and expand their applicability across diverse environments. 

Downlod PDF Brochure — https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=194168359

Here are some examples:

  • Solar energy harvesting is a popular option for outdoor applications, with advancements in miniaturized solar panels making them ideal for powering sensor nodes.
  • Vibration energy harvesting is particularly useful in industrial settings. Sensors placed on machinery can capture the vibrations generated during operation, converting it into usable power.
  • Thermal energy harvesting utilizes the temperature differences present in the environment. This approach is gaining traction for use in buildings and HVAC systems.

The possibilities of energy-harvesting WSNs are vast. Imagine a network of sensors embedded in a smart building, monitoring temperature, humidity, and occupancy levels, all powered by the ambient energy of the building itself. Or picture a network of sensors deployed in a remote forest, collecting vital environmental data without the need for frequent human intervention.

The shift towards energy harvesting in WSNs represents a significant step towards a more sustainable and long-lasting future for these ubiquitous networks. As technology continues to evolve, we can expect even more efficient and innovative energy harvesting solutions to emerge, further fueling the growth and impact of wireless sensor networks in various fields.

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines — TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies — helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1–888–600–6441

Comments