Kinetic Tiles Market size to hit USD 46 Mn by 2029 at a CAGR of 5.7 percent – says Maximize Market Research

Kinetic Tiles Market size was valued at USD 31.2 Mn. in 2022 and the total Kinetic Tiles revenue is expected to grow by 5.7 % from 2022 to 2029, reaching nearly USD 46 Mn.

Pune, April 14, 2023 (GLOBE NEWSWIRE) — A global Energy and Power business-consulting firm, Maximize Market Research, has published a market intelligence and competitive landscape report on the “Kinetic Tiles Market”. The report is a combination of primary data and secondary data and domain expert has analyzed the Kinetic Tiles Market from a local as well as a global point of view. Over the forecast period, Maximize Market Research expects, the market to grow from USD 31.2 Mn in 2022 to USD 46 Mn in 2029 at a CAGR of 5.7 percent.

Kinetic Tiles Market Report Scope and Research Methodology

Market Size in 2022 USD 31.2 Mn
Market Size in 2029 USD 46 Mn
CAGR 5.7 percent (2023-2029)
Forecast Period 2023-2029
Base Year 2022
Number of Pages 274
No. of Tables 114
No. of Charts and Figures 112
Segment Covered Floor Mechanism, Shape, and Application
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage Market Share, Size & Forecast by Revenue | 2023−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

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The report comprehensively analyzes the global Kinetic Tiles market’s trends, forecasts, and monetary values. The report analyzes the segments and sub-segments in global and regional Kinetic Tiles markets. The report contains a bottom-up approach used to understand the market size estimations of the Kinetic Tiles market which are validated by various segments. Key market participants and new entrants’ services, revenue, financial status, portfolio, growth strategies, and regional presence are all included in the Kinetic Tiles Market report. An in-depth analysis of the regional environment is included, along with information on the potential, important growth indicators, geographical challenges, and threats facing the Kinetic Tiles market. The report forecasts the market size and growth rate along with existing and future trends in the Kinetic Tiles market.

The Kinetic Tiles market report provides demand projections, market trends, and micro and macro factors in depth. The report also identifies the factors that are driving and restricting the Kinetic Tiles market’s growth. The Kinetic Tiles report contains the methods of qualitative and quantitative research using SWOT, PESTLE, and Porter’s Five Force analysis tools. The report covers information on the identification of the key upcoming developments that are expected to influence Kinetic Tiles market demand over the forecast period.

Kinetic Tiles Market Overview

Kinetic Tiles are tiles that generated energy from footsteps. The kinetic tiles transform footsteps into electricity which can irradiate outdoor and indoor lighting products. The energy of kinetic tiles produced supports charging phones and power street lights. The kinetic tiles are used in the pavements and high football areas including railway stations, airports, shopping malls and playgrounds. Kinetic tiles boost the conversion of kinetic energy into electricity that can be illuminating low-voltage lighting solutions and help to reduce the emissions of carbon gases in the environment.

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Kinetic Tiles Market Dynamics

The increasing awareness about environmental issues and government regulations to reduce carbon emissions help to increase the demand for kinetic tiles in sustainable building projects. The kinetic tiles are used for the generation of energy from the foot traffic that is used to power a range of applications such as data collection and lighting for the building systems. As a result, increasing demand for sustainable and energy-efficient building solutions helps to drive the growth of the Kinetic Tiles Market.

The kinetic Tiles Market is driven by the growing focus on the development of the smart city, increasing demand for innovative flooring solutions and rising investment for the development of infrastructural projects. The increasing trends toward sustainable infrastructure and renewable energy sources are a lucrative opportunity for the growth of the market. During the forecast period, the market is expected to be constrained by the high initial cost of installation and maintenance and the lack of availability of suppliers and manufacturers.

Kinetic Tiles Market Regional Insights

In 2022, North America dominated the Kinetic Tiles Market with a 39.56 percent market share. The regional market is driven by favorable government policies, increasing demand for sustainable energy solutions and technological development.

Europe held the second-largest position in the kinetic tiles market accounting for 27.86 percent market share. The well-established technological infrastructure and increasing production of the kinetic tiles products. The UK, Germany and France are the largest markets for kinetic tiles in the region.

Asia Pacific is expected to have a significant growth rate for the Kinetic Tiles Market and accounts for 23.72 percent market share in 2022. Rapid urbanization, and favorable government policies, increasing demand for energy solutions and increasing adoption of kinetic tiles in several locations including shopping centers, airports and public spaces.

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Kinetic Tiles Market Segmentation

By Floor Mechanism

  • Piezoelectric
  • Magnetic
  • Generators
  • Static

On the basis of the Floor Mechanism, it is divided into Piezoelectric, Magnetic, Generators and Static sub-segments. In 2022, the piezoelectric segment dominated the market and is expected to continue its dominance over the forecast period. The demand for the market is driven by the increasing output of the kinetic tiles due to piezoelectric mechanism

By Shape

  • Triangle
  • Square

In 2022, the triangle segment held the market and is expected to maintain its leadership at the end of the forecast period. Compared to other shapes, it has aesthetic appeal, practicality, or cost-effectiveness. This helps to drive the growth of the kinetic Tiles market.

By Application

  • Footpaths
  • Public Spaces
  • Athletics Field and Courts
  • Dance Floors

Based on Application, it is divided into Footpaths, Public Spaces, Athletics Fields and Courts and Dance Floors. In 2022, the Footpaths segment dominated the Kinetic Tiles market and is expected to continue its dominance over the forecast period. The increasing demand for sustainable and renewable energy sources and the growing need for smart city infrastructure helps to boost the Footpaths segment.

Kinetic Tiles Market Key Competitors include:

  • Swisstrax Corporation
  • Pavegen Systems Ltd.
  • Kinetic Vision
  • Interactive Institute Swedish ICT
  • Solar Roadways
  • Smart Energy Floor
  • EnGoPlanet
  • Green Energy & Environment Co.
  • Solektra International
  • Sustainable Energy for All
  • The Power Collective
  • Wiivv Wearables
  • Steplight
  • Shellstone
  • Intelligent Energy Solutions
  • ZGF Architects
  • Clean Energy Collective
  • Redbird Advanced Learning
  • QwikProducts
  • Energy Floors
  • Innowatech GmbH
  • Rombitan

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Key questions answered in the Kinetic Tiles Market are:

  • What are Kinetic Tiles and Equipment?
  • What was the Kinetic Tiles Market size in 2022?
  • What is the expected Kinetic Tiles Market size during the forecast period?
  • What are the global trends in the Kinetic Tiles Market?
  • What are the major restraints for the Kinetic Tiles Market?
  • Which segment dominated the Kinetic Tiles market growth?
  • What is the demand pattern for the Kinetic Tiles market?
  • What growth strategies are the players considering to increase their presence in Kinetic Tiles Market?
  • What are the upcoming industry applications and trends for the Kinetic Tiles Market?
  • Who are the leading companies and what are their portfolios in Kinetic Tiles Market?
  • Which region dominates the largest market share in Kinetic Tiles Market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2023)
  • Past Pricing and price curve by region (2018 to 2023)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by Floor Mechanism, Shape ,Application and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

Maximize Market Research is leading Consumer goods and services research firm, has also published the following reports:

Glazed Tiles MarketThe market size is expected to reach USD 148.45 Bn by 2029 at a CAGR of 5.8 percent during the forecast period. The market is expected to be driven by increasing demand for improved infrastructure, especially among the developing countries and the growth of the construction industry.

Alternative Energy Market The market size is expected to reach USD 1847.19 Bn by 2029 at a CAGR of 11.85 percent during the forecast period. The market is expected to be driven by the growing government initiatives for clean energy sources and growing industrialization in developing economies.

Solar Lights Market The market size is expected to reach USD 18.16 Bn by 2029 at a CAGR of 10.9 percent during the forecast period. The market is expected to be driven by the increasing popularity of solar light devices and technological advancement.

Wave Energy Converter Market – The market size is expected to reach USD 26.15 Mn by 2029 at a CAGR of 4.26 percent during the forecast period. The market is expected to be driven by the increasing adoption of Sustainable Energy Technologies and increasing demand for electricity.

Solar Blanket Market The market size is expected to reach USD 237.05 Mn by 2029 at a CAGR of 7.55 percent during the forecast period. The market is expected to be driven by the high demand for renewable energy and the growing need to reduce greenhouse gas emissions.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

CONTACT: Contact Maximize Market Research: 3rd Floor, Navale IT Park, Phase 2 Pune Banglore Highway, Narhe, Pune, Maharashtra 411041, India [email protected] +91 96071 95908, +91 9607365656

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