THERMAL ENERGY HARVESTING MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2026 - 2033)

Thermal Energy Harvesting Market, By Technology (Thermoelectric Generators (TEGs), Waste-Heat Recovery Systems, Energy-Harvesting Transducers & Sensors, Power Management ICs & Interfaces, and Hybrid thermal), By Deployment (Standalone on-device harvesters, Embedded or integrated harvesters, System or plant-level waste heat recovery units, and Cloud-managed energy-harvesting sensor networks), By End User (Manufacturing & Process Industries, Automotive & Transportation, Consumer Electronics & Wearable, Oil & Gas & Energy Utilities, Aerospace & Defense, and Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)

Published In: 02 Jan, 2026
Code: CMI9162
Pages: 140
Formats: Excel and PDF
Industry: Energy
- Historical Range : 2020 - 2024
- Estimated Year : 2025
- Forecast Period : 2026 - 2033

According to Coherent Market Insights, the global thermal energy harvesting market is estimated to be valued at USD 825.3 Mn in 2026 and is expected to reach USD 1,479.8 Mn by 2033, exhibiting a compound annual growth rate (CAGR) of 8.7% from 2026 to 2033. The global thermal energy harvesting market represents a rapidly evolving technological frontier that captures and converts waste heat into usable electrical energy, addressing the growing demand for sustainable power solutions across diverse industrial applications.

Market Dynamics

The global thermal energy harvesting market experiences robust growth driven by several key factors, with increasing emphasis on energy efficiency and sustainability regulations serving as primary catalysts for market expansion, as governments worldwide implement stricter environmental policies mandating waste heat recovery in industrial processes, while simultaneously, the proliferation of Internet of Things (IoT) devices and wireless sensor networks creates substantial demand for autonomous power sources, particularly in remote or inaccessible locations where traditional power infrastructure is impractical or cost-prohibitive.

Key Features of the Study

This report provides in-depth analysis of the global thermal energy harvesting market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period (2026–2033), considering 2025 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global thermal energy harvesting market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Thermoelectric Power Generation, LLC, Siemens AG, General Electric Company, Micropelt GmbH, eGen, Ampyx Power, Xerox, Seebeck Labs, MicroGen Systems, ABB Ltd., Parker Hannifin Corporation, Infinia Technology, Honeywell International Inc., and EcoHeat
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global thermal energy harvesting market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global thermal energy harvesting market

Market Segmentation

Technology Insights (Revenue, USD Mn, 2021 - 2033)
- Thermoelectric Generators (TEGs)
- Waste-Heat Recovery Systems
- Energy-Harvesting Transducers & Sensors
- Power Management ICs & Interfaces
- Hybrid thermal
Deployment Insights (Revenue, USD Mn, 2021 - 2033)
- Standalone on-device harvesters
- Embedded or integrated harvesters
- System or plant-level waste heat recovery units
- Cloud-managed energy-harvesting sensor networks
End User Insights (Revenue, USD Mn, 2021 - 2033)
- Manufacturing & Process Industries
- Automotive & Transportation
- Consumer Electronics & Wearable
- Oil & Gas & Energy Utilities
- Aerospace & Defense
- Others
Regional Insights (Revenue, USD Mn, 2021 - 2033)
- North America
  - U.S.
  - Canada
- Latin America
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
- Europe
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
- Asia Pacific
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
- Middle East
  - GCC Countries
  - Israel
  - Rest of Middle East
- Africa
  - South Africa
  - North Africa
  - Central Africa
Key Players Insights
- Thermoelectric Power Generation, LLC
- Siemens AG
- General Electric Company
- Micropelt GmbH
- eGen
- Ampyx Power
- Xerox
- Seebeck Labs
- MicroGen Systems
- ABB Ltd.
- Parker Hannifin Corporation
- Infinia Technology
- Honeywell International Inc.
- EcoHeat

Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
Market Purview
- Report Description
  - Market Definition and Scope
- Executive Summary
  - Global Thermal Energy Harvesting Market, By Technology
  - Global Thermal Energy Harvesting Market, By Deployment
  - Global Thermal Energy Harvesting Market, By End User
  - Global Thermal Energy Harvesting Market, By Region
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trends
Global Thermal Energy Harvesting Market, By Technology, 2021-2033, (USD Mn)
- Introduction
  - Market Share Analysis, 2026 and 2033 (%)
  - Y-o-Y Growth Analysis, 2022 - 2033
  - Segment Trends
- Thermoelectric Generators (TEGs)
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
- Waste-Heat Recovery Systems
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
- Energy-Harvesting Transducers & Sensors
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
- Power Management ICs & Interfaces
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
- Hybrid thermal
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
Global Thermal Energy Harvesting Market, By Deployment, 2021-2033, (USD Mn)
- Introduction
  - Market Share Analysis, 2026 and 2033 (%)
  - Y-o-Y Growth Analysis, 2022 - 2033
  - Segment Trends
- Standalone on-device harvesters
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
- Embedded or integrated harvesters
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
- System or plant-level waste heat recovery units
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
- Cloud-managed energy-harvesting sensor networks
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
Global Thermal Energy Harvesting Market, By End User, 2021-2033, (USD Mn)
- Introduction
  - Market Share Analysis, 2026 and 2033 (%)
  - Y-o-Y Growth Analysis, 2022 - 2033
  - Segment Trends
- Manufacturing & Process Industries
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
- Automotive & Transportation
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
- Consumer Electronics & Wearable
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
- Oil & Gas & Energy Utilities
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
- Aerospace & Defense
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
- Others
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2021-2033, (USD Mn)
Global Thermal Energy Harvesting Market, By Region, 2021 - 2033, Value (USD Mn)
- Introduction
  - Market Share (%) Analysis, 2026, 2029 & 2033, Value (USD Mn)
  - Market Y-o-Y Growth Analysis (%), 2022 - 2033, Value (USD Mn)
  - Regional Trends
- North America
  - Introduction
  - Market Size and Forecast, By Technology, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Deployment, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By End User, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Country, 2021 - 2033, Value (USD Mn)
    - U.S.
    - Canada
- Latin America
  - Introduction
  - Market Size and Forecast, By Technology, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Deployment, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By End User, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Country, 2021 - 2033, Value (USD Mn)
    - Brazil
    - Argentina
    - Mexico
    - Rest of Latin America
- Europe
  - Introduction
  - Market Size and Forecast, By Technology, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Deployment, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By End User, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Country, 2021 - 2033, Value (USD Mn)
    - Germany
    - U.K.
    - Spain
    - France
    - Italy
    - Russia
    - Rest of Europe
- Asia Pacific
  - Introduction
  - Market Size and Forecast, By Technology, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Deployment, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By End User, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Country, 2021 - 2033, Value (USD Mn)
    - China
    - India
    - Japan
    - Australia
    - South Korea
    - ASEAN
    - Rest of Asia Pacific
- Middle East
  - Introduction
  - Market Size and Forecast, By Technology, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Deployment, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By End User, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Country, 2021 - 2033, Value (USD Mn)
    - GCC Countries
    - Israel
    - Rest of Middle East
- Africa
  - Introduction
  - Market Size and Forecast, By Technology, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Deployment, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By End User, 2021 - 2033, Value (USD Mn)
  - Market Size and Forecast, By Country/Region, 2021 - 2033, Value (USD Mn)
    - South Africa
    - North Africa
    - Central Africa
Competitive Landscape
- Thermoelectric Power Generation, LLC
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Siemens AG
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- General Electric Company
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Micropelt GmbH
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- eGen
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Ampyx Power
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Xerox
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Seebeck Labs
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- MicroGen Systems
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- ABB Ltd.
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Parker Hannifin Corporation
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Infinia Technology
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Honeywell International Inc.
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- EcoHeat
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
References and Research Methodology
- References
- Research Methodology
- About us

*Browse 32 market data tables and 28 figures on ‘Thermal Energy Harvesting Market' - Global forecast to 2033

Limited Time Offer - Buy Now

Need a Custom Report?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports
Customize Now