What is Wireless Power Transmission Market?
Wireless Power Transmission is the transmission of electrical energy without wires as a physical link. Use of Wireless power transmission has increased. Wireless power transmission has a huge demand in consumer electronics, for example, laptop, tablets, smartphones, and other devices. Awareness about wireless power transmission technology is helping the growth of the market.
Highlights from Wireless Power Transmission Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Qualcomm, Inc. (United States), Samsung Electronics Co., Ltd. (South Korea), TDK Corporation (Japan), Texas Instruments, Inc. (United States), Nucurrent, Inc. (United States), Powermat Technologies, Ltd. (Israel), WiTricity Corporation (United States), Integrated Device Technology (United States), Leggett & Platt Inc. (United States) and Murata Manufacturing Co. Ltd. (Japan) |
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Wireless Power Transmission market throughout the forecasted period.
Qualcomm, Inc. (United States), Samsung Electronics Co., Ltd. (South Korea), TDK Corporation (Japan), Texas Instruments, Inc. (United States), Nucurrent, Inc. (United States), Powermat Technologies, Ltd. (Israel), WiTricity Corporation (United States), Integrated Device Technology (United States), Leggett & Platt Inc. (United States) and Murata Manufacturing Co. Ltd. (Japan) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Plugless Power (United States). Wireless Power Transmission Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Smartphones, Electric Vehicles, Wearable Electronics, Industrial and Others |
Technology | Near-Field Technology,Far-Field Technology |
Range | Long,Medium,Short |
On the basis of geography, the market of Wireless Power Transmission has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Consumer Preference for Wireless Connectivity
Market Growth Drivers:
Growth in the Consumer Electronics Market and Increasing Use of Wireless Power Transmission
Challenges:
Lack of Common Standards
Restraints:
Rising Cost of Wireless Power Technology
Opportunities:
Increasing Adoption of Wireless Power Transmission and Demand for Technological Advancement and New Wireless Power Transmission Applications
Key Target Audience
Transmitter and Receiver Manufactures, Suppliers and Distributors of Consumer Electronic Products, Technology Investors, Governments Agencies and Analysts and Strategic Business Planners
Market Leaders & Development Strategies
On July 2019, TDK Corporation has announced that its subsidiary TDK Ventures Inc. has made its first investment in Starship Technologies, the world’s leading autonomous delivery service.