REPORT DESCRIPTION
Energy harvesting, or energy scavenging, is a process that extracts small amounts of energy that would otherwise be lost in the form of heat, light, sound, vibration or movement. It uses this captured energy to improve efficiency and enable new technology. The efficiency is enhanced in computing costs which would otherwise be altered significantly. If this left-over heat energy were harvested, it would be used to help to power other devices with lower power rating.
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Large-scale ambient energy( e. g. solar, wind and tide), is widely available and various technologies are being developed to utilize it efficiently. On the other hand, fossil Fuels are limited and an expensive sources of producing energy, which also pollutes environment. Sustainable energy can be obtained from these ambient sources. Considering the energy sector scenario there are small amounts of residual energy that could be useful if captured. Recovering these sources of energy would have a substantial economic and environmental impact. This is the incident where the energy harvesting practices need to be relied upon for energy efficiency and conservation.
Rising demand of energy, increasing awareness of efficient use of energy and government support for energy conservation are driving the growth of energy harvesting market. The factor which can restrain the growth of the market are high initial investment in the technology and lack of awareness about the technology in some economies.
Energy harvesting can be found in various application areas such as consumer durable electronics sector, industrial sector, building and home automation sector, military and aerospace sector, wireless sensor network( WSN), automotive sector, among others. Consumer electronics forms one of the major application areas in energy harvesting market.
The application of energy harvesting technology can also be done in the building of smart cities where the practices like energy saving, resource saving can be created which will lead to a safe and secured environment from the point of view of energy usage.