Energy Harvesting Systems Market Will Touch USD 1,076 Million by 2030 The energy harvesting system market was USD 528 million in 2022, and it will touch USD 1,076 million, advancing at a 9.3% compound annual growth rate, by 2030. The increasing environmental awareness, targets for decreasing greenhouse gas emissions, surging energy consumption, and advantageous governmental policies will further boost the progression of this industry. Energy Harvesting Systems Market Size and Share Analysis@ https://www.psmarketresearch.com/market-analysis/energy-harvesting-market Moreover, the rise in the efforts in research and development to produce new technologies is also likely to help the expansion of this industry. The vibration category, based on technology will grow at a rate of 10.1%, during this decade. The European Research Council (ERC) researchers are practicing new engineering methods to extract and store energy from vibrations as little as the human heartbeat, creating the path for self-powered pacemakers. Moreover, advancements in technology in communication protocols and low-power electronics are allowing wireless sensor networks to be powered autonomously by such kinds of technologies. In 2022, the transducer category, based on component, accounted for the largest energy harvesting system market share, of 57.8%. Transducers require the utilization of appropriate high-efficiency power-conversion electronics. Moreover, in 2022, the photovoltaic category, under the component category, was the largest contributor. This can be attributed to the deviations in climatic conditions and increasing customer expenses on renewable sources. In 2022, the building and home automation category, on the basis of application, was the highest revenue contributor to the energy harvesting system industry, generating USD 191 million.

Memory Market for Autonomous and Connected Vehicles to Observe Fastest Growth in Level 3 Category The memory market for autonomous and connected vehicles is experiencing significant growth owing to the increasing necessity for a better driving experience, the speedy implementation of the Internet of Things in vehicles, the rising popularity of electric vehicles, and growing security and safety concerns among people. Memory Market for Autonomous and Connected Vehicles Research Report@ https://www.psmarketresearch.com/market-analysis/memory-market-autonomous-connected-vehicles Moreover, with an increasing number of commercial and passenger vehicles, problems such as accidents, limited availability of parking space, and traffic jams are rising particularly in developing nations, including China, Indonesia, and India. Based on application, the navigation category accounted for the largest industry share in the past few years. This is because of the growing acceptance of navigation features in automobiles, which produce large quantities of data, related to the chokepoints or traffic on the road, alternate routes, and shortest route which requires an effective storage mechanism. Whereas, the telematics category will observe the highest growth, owing to the increasing fondness for autonomous automobiles. The significant role telematics play in connected automobiles will enhance the development emphasis for autonomous automobiles. The telematics system of this kind of automobile captures data through sensors, cameras, and radars which requires sufficient data storage capacity. Based on autonomy, the level 0 category accounted for the largest memory market for autonomous and connected vehicles share in recent years. This is because of the rising fondness for navigation and infotainment services in these automobiles and the numerous non-autonomous vehicles in operation. Whereas, the level 3 category will observe the fastest growth in the years to come. This is ascribed to the rising driving autonomy in automobiles, deployment of level 3 autonomous automobiles in shared mobility fleets, mounting requirements for vehicles with higher driving autonomy in emerging economies, and rising purchase of such automobiles by the people.