Speaking to steel workers two weeks ago, President Barack Obama asserted that ingenuity and adaptability are driving a resurgence in American manufacturing.
Navigant Research projects that revenues from energy harvesting (EH) technologies will come in at about $268 million globally this year and will reach nearly $375 million in 2020, a compound annual growth rate (CAGR) of 4.9 percent. A recent report from the group analyzed the market for photovoltaic (PV), piezoelectric, electromagnetic, and thermoelectric energy harvesting technologies as employed in industrial and consumer products “that are untethered or need to become disconnected from the electrical outlet.”
Conventionally, such devices are powered by batteries, but energy harvesting represents an option with potentially lower costs, lower maintenance, greater convenience, and lower environmental impact. Read more