DTechEx finds that the money spent on piezoelectric energy harvesting investments will grow to US$145 million in 2018. Thereafter, it will create a US$667 million market by 2022.
The number of units will rise from 100 million this year – predominately used in cigarette lighters – to 300 million units in 2022. These will be at a higher average price point compared to those used today because the versions used to power wireless sensors and portable electronics are more sophisticated than the version used on lighters.