Vibration control has been of great interest to scientists and engineers for many years. Although linear vibration absorbers have been shown to be effective in mitigating vibrations at specific frequencies, their vibration reduction effect is usually limited to a narrow frequency bandwidth. Nonlinear energy sinks have attracted attention due to their better vibration reduction effect over a wider frequency bandwidth. In practical applications, the nonlinear energy sink devices can effectively absorb, dissipate, and convert energy from broadband excitation, so as to achieve vibration reduction and energy harvesting. However, research on energy harvesting based on the nonlinear energy sink is less mature than in linear systems. Multiple parameters of device design (e.g., damping size) affect the actual performance of the nonlinear energy sinks, but there is no exact method to simplify the design of the multiparameter nonlinear energy sinks. Since it is more difficult to implement electromagnetic and electrostatic energy harvesters, more research has focused on piezoelectric energy harvesters. This paper summarizes the research on the nonlinear energy sink and energy harvesting technology, including the introduction of the nonlinear energy sink, energy harvesting based on the nonlinear energy sink, and its application in various fields of energy harvesting. The paper also summarizes some important methods for solving the dynamical equations, as well as their advantages and disadvantages. The conclusions provide an outlook on the subsequent research of the nonlinear energy sink technology, such as the introduction of piezoelectric materials with high energy density, the benefits of balanced vibration suppression and harvesting of vibration energy, and the self-tuning of parameters in complex environments. It provides a powerful reference for the popularization and application of energy harvesting technology based on nonlinear energy sinks.