PUBLISHER: Allied Market Research | PRODUCT CODE: 1266508
PUBLISHER: Allied Market Research | PRODUCT CODE: 1266508
The global kinetic tiles market was valued at $28.9 million in 2021, and is projected to reach $44.0 million by 2031, growing at a CAGR of 4.5% from 2022 to 2031.
Kinetic tiles are type of tiles which generate energy from footsteps. These tiles are the latest technology in energy harvesting. The kinetic tiles transform footsteps into electricity which can illuminate any outdoor and indoor lighting products. Kinetic tiles are easily designed into any new flooring system and can be retrofitted to already-existing structures. These tiles have several benefits such as environmental benefits, easy installation and crowed data collection.
Kinetic tiles are installed in high-traffic areas such as grand central station, times square, lollapalooza, or playing areas. The tiles convert the kinetic energy from the footsteps of pedestrians into renewable electricity. The energy is stored in a lithium polymer battery or directly used to power low-wattage, off-grid applications like street lighting, displays, speakers, alarms, signs, and advertising boards. Kinetic energy generated from people's footsteps in a crowded area is sufficient to power smart electronic devices with low consumption.
Kinetic tiles are environment-friendly power solution and a desirable upgrade to the outdoor lighting infrastructure. These tiles are majorly used to illuminate the off-grid lighting solution. Kinetic tiles are used in the hybrid model which lower the pressure on other renewable energy sources. Kinetic tiles are available in multiple styles and designs which increases the popularity of the product in the market.
As per the kinetic tiles market analysis, the demand for the kinetic tile product is increasing in various sports infrastructural projects and urban areas such as shopping malls, clubs, walking areas, commercial properties, and national parks worldwide which have been benefited from kinetic tiles. These tiles further brought a huge transition in the commercial market all over the world. However, the global leaders are taking efforts toward lowering the dependence on fossil fuels and reducing the carbon footprint of big industries.
For the purpose of analysis, the kinetic tiles market is segmented on the basis of floor mechanism, shape, application and region. On the basis of floor mechanism, the market is classified into piezoelectric, magnetic, generators and static. On the basis of shape, the market is divided into triangle and square. On the basis of application, the market is categorized into footpaths, public spaces, athletics field and courts, dance floors. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Major players operating in the global kinetic tiles market include: Pavegen, Energy Floors, POWERleap Inc., ENGOPLANET ENERGY SOLUTIONS LLC, Kinergypower, ECO RENEWABLE ENERGY., Studio Roosegaarde, Global Energy Harvest Co., Ok.Power., Shaw Industries Group, Inc. and others.