The Global Wireless Power Transmission Market Research Report provides a brief overview inclusive of the competitive landscape and key developments, policies, manufacturing costs, and processes. The report also provides the analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue, and gross margins. The report further discusses in detail the driving factors influencing the growth of the market currently and in the coming years.
The global Wireless Power Transmission (WPT) market size reached USD 6.53 Billion in 2021 and is expected to register a revenue CAGR of 21.1% during the forecast period, according to latest analysis by Emergen Research. Rising adoption of wireless power transmission in consumer electronics is the key factor driving market revenue growth.
Wireless Power Transmission (WPT) market will entail contactless charging of portable and mobile devices, particularly in consumer electronics. Rising demand for consumer electronics especially smartphones, tablets, and wearable devices across the globe creates high demand for wireless power transmission technology. Majority of consumer electronics that need to be charged or constantly powered are connected to wall by cords. In addition, wireless power technology enables customers to charge and power consumer electrical gadgets while maintaining an aesthetic and cable-free setting. Rising adoption of WPT technology in electronics devices prompts manufacturers to introduce advanced technologies in the market. For instance, in June 2022, Panthronics AG, which is an Austria-based semiconductor company announced to launch fully integrated NFC wireless charging listener device PTX30W. It receives power wirelessly, eliminating the need for a microprocessor in listener device. It also offers significant space savings and enhanced design freedom to smartwatches, hearing aids, fitness trackers, smart rings, and many electronic devices.
The primary aim of the report is to offer market overview, product scope, growth prospects, and risks. The report also offers in depth information about each player in the global Wireless Power Transmission market along with its global standing, financial status, product launch, business expansion plans among others. The market players are focused on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and research and development investments.
Companies profiled in the global Wireless Power Transmission market:
Qualcomm Inc., Texas Instruments Inc., WiTricity Corporation, NuCurrent Inc. Samsung Electronics Co., Ltd., TDK Corporation, NXP Semiconductors N.V., Powermat Technologies Ltd., Semtech Corporation, WiTricity Corporation, Energous Corporation, and Analog Devices Inc
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Wireless Power Transmission Market segmentation
Type Outlook:
Technology Outlook (Revenue, USD Billion; 2019-2030)
- Far-Field Technology
- Microwave/RF
- Laser/Infrared
- Near-Field Technology
- Inductive
- Capacitive Coupling
- Magnetic Resonance
Technology Outlook (Revenue, USD Billion; 2019-2030)
- Far-Field Technology
- Microwave/RF
- Laser/Infrared
- Near-Field Technology
- Inductive
- Capacitive Coupling
- Magnetic Resonance
Technology Outlook (Revenue, USD Billion; 2019-2030)
- Far-Field Technology
- Microwave/RF
- Laser/Infrared
- Near-Field Technology
- Inductive
- Capacitive Coupling
- Magnetic Resonance
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Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Regional Outlook of Wireless Power Transmission Market:
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- A.E.
- South Africa
- Rest of MEA
Key Features of the Wireless Power Transmission Market Report:
- The report offers details about key drivers, restraints, opportunities, challenges, growth prospects, limitations, and threats
- The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares
- Evaluation of key current and emerging market trends and growth prospects
- It also offers research-backed estimations for the forecast period of eight years, primarily to estimate the potential market growth
- Brief overview of industry with regards to research and development, technological advancements, and product development
- In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario
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Wireless Power Transmission Global Market - OverviewThe Wireless Power Transmission Market is growing with the rapid pace; mainly due to its application in the consumer electronics.
According to a recent study report published by the Market Research Future, The Wireless Power Transmission market has been increasing and is expected to gain prominence over the forecast period.
The market is expected to grow further continuing with the trend at a rapid pace in the years to come.
The global wireless power transmission is expected to reach to USD ~12 billion by the end of 2022 with ~24% CAGR during forecast period 2016-2022The key drivers contributing to the growth of the Wireless Power Transmission Market are consumer’s preference for wireless connectivity, need for effective charging systems and features such as reliability, efficiency, fast, low maintenance cost.
Also, increasing growth in consumer electronics market in countries such as South Korea and Japan and rising need for battery powered equipment are driving the growth of the market.
By technology, the market has been bifurcated into Inductive, Magnetic Resonance, Conductive, RF among others.
The global wireless power transmission market derives significant growth from the usage of wireless power transmission in energy management and efficient transfer of power.
Since wireless chargers can determine the amount of power required by every electronic device, avoiding overcharging of batteries, their usage has increased manifolds.
This factor is likely to fuel the application of wireless power transmission further, boosting the worldwide wireless power transmission market in the years to come, reports the research study.According to this research report, the opportunity in the global wireless power transmission market will expand at a CAGR of more than 15% over the period from 2018 to 2026.
All these facts and figures points towards a healthy future of the worldwide wireless power transmission markets.
However, the infrastructural challenges, especially in developing countries, may limit the growth of the wireless power transmission market in the years to come.
The constant rise in the wireless power transmission in many Asian countries has enabled consumers to have an easy access to electricity even in remote areas.
In this report, our team offers a comprehensive analysis of Wireless Power Transmission market, SWOT analysis of the most prominent players in this landscape.
Along with an industrial chain, market statistics in terms of revenue, sales, price, capacity, regional market analysis, segment-wise data, and market forecast information are offered in the full study, etc.
Download Free Sample Report @ https://www.radiantinsights.com/research/global-wireless-power-transmission-market-2020-2026/request-sample This report focuses on top manufacturers in global market, Involved the assessment of Sales, price, revenue and market share for each manufacturer, covering• Energizer Holdings• Integrated Device Technology• Murata Manufacturing• Convenient Power HK• Samsung Electronics• Texas Instruments• Powermat Technologies• LG Electronics• Qualcomm Technologies• Leggett & Platt On the basis of product, this report displays the Sales, revenue, price, market share and growth rate of each type, primarily split into• Devices with Battery• Devices without Battery By Application, this report focuses on Sales, Market share and Growth Rate of each application, can be divided into• Consumer Electronics• Industrial• Automotive• Defense• Others By Regions, this report splits global market into several key regions, with Sales, Revenue, Price and Gross Margin market share of top players in these regions, from 2014 to 2026 (forecast), like• China• USA• Europe• Japan• Korea• India• Southeast Asia• South America Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/global-wireless-power-transmission-market-2020-2026 Table of Contents Global Wireless Power Transmission Market Professional Survey Report 20191 Report Overview1.1 Definition and Specification1.2 Manufacturers and Region Overview1.2.1 Manufacturers Overview1.2.2 Regions Overview1.3 Type Overview1.3.1 Devices with Battery1.3.2 Devices without Battery1.4 Application Overview1.4.1 Consumer Electronics1.4.2 Industrial1.4.3 Automotive1.4.4 Defense1.4.5 Others1.5 Industrial Chain1.5.1 Wireless Power Transmission Industrial Chain1.5.2 Upstream1.5.3 Downstream 2.1 The Overall Market Performance(Volume)2.1.1 Devices with Battery2.1.2 Devices without Battery2.2 The Overall Market Performance(Value)2.2.1 Devices with Battery2.2.2 Devices without Battery 3 Global Wireless Power Transmission Market Assessment by Application3.1 Overall Market Performance (Volume)3.2 Consumer Electronics3.3 Industrial3.4 Automotive3.5 Defense3.6 Others 4 Competitive Analysis4.1 Energizer Holdings4.1.1 Energizer Holdings Profiles4.1.2 Energizer Holdings Product Information4.1.3 Energizer Holdings Wireless Power Transmission Business Performance4.1.4 SWOT Analysis4.2 Integrated Device Technology4.2.1 Integrated Device Technology Profiles4.2.2 Integrated Device Technology Product Information4.2.3 Integrated Device Technology Wireless Power Transmission Business Performance4.2.4 SWOT Analysis4.3 Murata Manufacturing4.3.1 Murata Manufacturing Profiles4.3.2 Murata Manufacturing Product Information4.3.3 Murata Manufacturing Wireless Power Transmission Business Performance4.3.4 SWOT Analysis4.4 Convenient Power HK4.4.1 Convenient Power HK Profiles4.4.2 Convenient Power HK Product Information4.4.3 Convenient Power HK Wireless Power Transmission Business Performance4.4.4 SWOT Analysis4.5 Samsung Electronics4.5.1 Samsung Electronics Profiles4.5.2 Samsung Electronics Product Information4.5.3 Samsung Electronics Wireless Power Transmission Business Performance4.5.4 SWOT Analysis Continued… Read all Reports of this category @ https://www.radiantinsights.com/catalog/power About Radiant InsightsRadiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.
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However, the impact of uncertified and non-standardized products on the industry coherence leads to poor user experience and high cost of wireless power transmission technology-based devices are the key restraining factors for market growth.Request Free Sample Pages:https://www.marketsandmarkets.com/requestsampleNew.asp?id=168050212Wireless power transmission market for inductive technology to hold largest share of the market during forecast periodCurrently, wireless power transmission is based on the two technologies; inductive and magnetic resonance.
Inductive technology has almost commoditized in the wireless power transmission market, especially for the consumer electronics applications; therefore, held the largest market share in 2016.
Smartphones, tablets, wearable devices are some key applications of the inductive wireless power transmission.
On the other hand, magnetic resonance technology is yet to mainstream.Wireless power transmission market for smartphones receiver application to hold largest size of wireless power transmission technology from 2017 to 2022Smartphones is the largest receiver application for wireless power transmission technology owing to the adoption of inductive wireless power transmission in various smartphones in the past years.
Thus, the presence of large consumer electronics industries in the counties such as China, Japan, India, and South Korea has attributed to the huge market size of the APAC region in the global wireless power transmission technology market.Market DynamicsDriver: Convenience offered by and consumer preference for the wireless connectivityCurrently, wireless connectivity technologies are being adopted at a high rate.
Wireless connectivity offers users the freedom of mobility, quick and easy accordance, and handy operations which is why the wireless charging technology is highly deployed in consumer electronics such as smartphones, tablets, and wearable devices.Restraint: Impact of uncertified and non-standardized products on the industry coherence leads to poor user experienceThe wireless power transmission technology has become crucially important nowadays due to its successful implementation into consumer electronic products.
