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Wireless Power Transmission Market
Wireless Power Transmission Market By Implementation, Transmitter, and Receiver Application (Smartphones, Electric Vehicles, Wearable Electronics, and Furniture), Technology (Induction, Magnetic Resonance) - Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competive Index & Regional Footprints by MarketDigits - Forecast 2024-2032
Industry : Electronics & Semiconductors | Pages : 149 Pages | Published On : Mar 2024
The important factors driving the growth of the market include the convenience offered by the product, consumer choice for wireless connectivity and need for helpful charging systems. Although, 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.
The Wireless Power Transmission market is segmented by technology, range, device type, application and Region. At Present, wireless power transmission is build on the two technologies; inductive and magnetic resonance. Inductive technology has nearly commoditized in the wireless power transmission market, mainly for the consumer electronics applications; hence, clasped the largest market share in 2016. Moreover, smartphones 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.
Wireless Power Transmission Market Size
| Report | Details |
|---|---|
| Market Size Value | USD 18.3 billion in 2024 |
| Market Size Value | USD 149.7 billion by 2032 |
| CAGR | 26.3% |
| Forecast Period | 2024-2032 |
| Base Year | 2023 |
| Historic Data | 2020 |
Asia Pacific is anticipated hold the largest market share due to positive electronics industry outlook in South Korea, Japan, and China. Rising automobile industry in China, Malaysia and Indonesia would have a positive impact on wireless power transmission market over the next few years. Electronics manufacturers have initiated to eye on Mexico as a manufacturing hub due to rise in domestic demand and low manufacturing cost than Europe and other North American countries such as Canada and U.S.
The research covers the current and historic Wireless Power Transmission market size and its growth trend with company outline of Key players/manufacturers Energous, WiTricity, Fulton Innovations, Humavox, Murata Manufacturing, Wi-Charge, Ossia, Inc., UBeam, PowerbyProxi, Philips, Samsung Electronics Co., Ltd, Qualcomm Inc., Texas Instruments Inc., TDK Corporation, WiTricity Corporation, Integrated Device Technology, Inc., NuCurrent Inc., PowerbyProxi Ltd, ConvenientPower HK Ltd., Salcomp Plc., and Powermat Technologies Ltd.
The Wireless Power Transmission market research report provides an in-depth overview of the industry including market segmentation by technology, range, device type, application and Region. Analysis of the global market with special focus on high growth application in each vertical and fast-growing market segments. It includes detailed competitive landscape with identification of the key players with respect to each type of market, in-depth market share analysis with individual revenue, market shares, and top players rankings. The Impact analysis of the market dynamics with factors currently driving and restraining the growth of the market, along with their impact in the short, medium, and long-term landscapes. Competitive intelligence from the company profiles, key player strategies, game-changing developments such as product launches and acquisitions.
The objective of this study is to identify the market opportunities and estimate market size by segments and countries for last few years and to forecast the values to the next five years. The report incorporates both the qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. The report also covers qualitative analysis on the market, by incorporating complete pricing and cost analysis of components & products, Porter’s analysis and PEST (Political, Economic, Social & Technological factor) analysis of the market. The report also profiles all major companies active in this field.
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Market Analysis and Insights: Wireless Power Transmission Market Analysis & Insights
Wireless Power Transmission Market Scope and Market Size
Wireless Power Transmission market is segmented by technology, range, device type, application and Region. Players, stakeholders, and other participants in the global Wireless Power Transmission market will be able to gain a strong position as this report will surely benefit their marketing strategies. The market analysis focuses on revenue and forecast by region/countries and by application in terms of revenue and forecast for the period 2016-2027.
Report further studies the market development status and future and Wireless Power Transmission Market trend across the world. Also, it splits Wireless Power Transmission market segmentation by technology, range, device type, application and Region to deep dive research and reveals market profile and prospects.
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Major Classifications are as follows:
By Technology
- Near-Field Technology
- Inductive
- Magnetic Resonance
- Capacitive Coupling/Conductive
- Far-Field Technology
- Microwave/RF
- Laser/Infrared
By Range
- Medium Range
- Short Range
By Device Type
- Devices with Battery
- Devices without Battery
By Application
- Consumer Electronics
- Industrial,
- Automotive
- Defense
- Others
By Region
- North America
- Europe
- Middle East and Africa (MEA)
- Asia-Pacific (APAC)
Reason to purchase this report:
- Determine prospective investment areas based on a detailed trend analysis of the global market over the next years.
- Gain an in-depth understanding of the underlying factors driving demand for different and market segments in the top spending countries across the world and identify the opportunities offered by each of them.
- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
- Identify the major channels that are driving the global market, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
- Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global market.
- Make correct business decisions based on a thorough analysis of the total competitive landscape of the sector with detailed profiles of the top market providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available.
Table of Contents:
- EXECUTIVE SUMMARY
- INTRODUCTION
- Key Takeaways
- Report Description
- Market Scope & Definition
- Stakeholders
- Research Methodology
- Market Size
- Key Data Points From Primary Sources
- Key Data Points From Secondary Sources
- List Of Primary Sources
- List Of Secondary Sources
- MARKET OVERVIEW
- Industry Segmentation
- Market Trends Analysis
- Major Funding & Investments
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Value Chain Analysis
- Porter’s Five Forces Analysis
- Value Chain/Supply Chain Of The Wireless Power Transmission Market
- IMPACT OF COVID-19 ON WIRELESS POWER TRANSMISSION MARKET
- Impact Of Covid-19 On Market, By Technology
- Impact of Covid-19 On Market, By Range
- Impact of Covid-19 On Market, By Type
- Impact of Covid-19 On Market, By Application
- Impact of Covid-19 On Market, By Geography
- MARKET, BY TECHNOLOGY
- Introduction
- Near-Field Technology
- Inductive
- Magnetic Resonance
- Capacitive Coupling/Conductive
- Far-Field Technology
- Microwave/RF
- Laser/Infrared
- BY RANGE
- Introduction
- Medium Range
- Short Range
- BY TYPE
- Introduction
- Devices with Battery
- Devices without Battery
- BY APPLICATION
- Consumer Electronics
- Industrial,
- Automotive
- Defense
- Others
- BY GEOGRAPHY
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest Of Asia Pacific
- Rest of the World
- Middle East
- Africa
- North America
- COMPETITIVE ANALYSIS
- Introduction
- Top Companies Ranking
- Market Share Analysis
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- COMPANY PROFILES
- Energous
- WiTricity
- Fulton Innovations
- Humavox
- Murata Manufacturing,
- Wi-Charge
- Ossia, Inc.
- UBeam
- PowerbyProxi, Philips
- Samsung Electronics Co., Ltd
- Qualcomm Inc.
- Texas Instruments Inc.
- TDK Corporation
- WiTricity Corporation
- Integrated Device Technology, Inc.
- NuCurrent Inc.,
- PowerbyProxi Ltd
- ConvenientPower HK Ltd.
- Salcomp Plc.
- Powermat Technologies Ltd.
TOC
Table and Figures
Methodology:
At MarketDigits, we take immense pride in our 360° Research Methodology, which serves as the cornerstone of our research process. It represents a rigorous and comprehensive approach that goes beyond traditional methods to provide a holistic understanding of industry dynamics.
This methodology is built upon the integration of all seven research methodologies developed by MarketDigits, a renowned global research and consulting firm. By leveraging the collective strength of these methodologies, we are able to deliver a 360° view of the challenges, trends, and issues impacting your industry.
The first step of our 360° Research Methodology™ involves conducting extensive primary research, which involves gathering first-hand information through interviews, surveys, and interactions with industry experts, key stakeholders, and market participants. This approach enables us to gather valuable insights and perspectives directly from the source.
Secondary research is another crucial component of our methodology. It involves a deep dive into various data sources, including industry reports, market databases, scholarly articles, and regulatory documents. This helps us gather a wide range of information, validate findings, and provide a comprehensive understanding of the industry landscape.
Furthermore, our methodology incorporates technology-based research techniques, such as data mining, text analytics, and predictive modelling, to uncover hidden patterns, correlations, and trends within the data. This data-driven approach enhances the accuracy and reliability of our analysis, enabling us to make informed and actionable recommendations.
In addition, our analysts bring their industry expertise and domain knowledge to bear on the research process. Their deep understanding of market dynamics, emerging trends, and future prospects allows for insightful interpretation of the data and identification of strategic opportunities.
To ensure the highest level of quality and reliability, our research process undergoes rigorous validation and verification. This includes cross-referencing and triangulation of data from multiple sources, as well as peer reviews and expert consultations.
The result of our 360° Research Methodology is a comprehensive and robust research report that empowers you to make well-informed business decisions. It provides a panoramic view of the industry landscape, helping you navigate challenges, seize opportunities, and stay ahead of the competition.
In summary, our 360° Research Methodology is designed to provide you with a deep understanding of your industry by integrating various research techniques, industry expertise, and data-driven analysis. It ensures that every business decision you make is based on a well-triangulated and comprehensive research experience.
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• Analyzing industries
• Mapping trends
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Covered Key Topics
Growth Opportunities
Market Growth Drivers
Leading Market Players
Company Market Share
Market Size and Growth Rate
Market Trend and Technological
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