Coronavirus Outbreak: Wireless Power Transmission Market 2020 Industry Growth Analysis by Key Players, Segments, Competitive Landscape and Forecast to 2026

By Digvijay Chakravarty 30 Jun 2020 Technology

Global Wireless Power Transmission Market is valued at USD2626.21 Million in 2018 and expected to reach USD6026.95 Million by 2025 with the CAGR of 12.6% over the forecast period.

The growth of the wireless power transmission market is driven by the factors such as Consumer’s preference for wireless connectivity and need for effective charging systems

Wireless energy transfer is the transmission of electrical energy from a power source to an electrical load without interconnecting wires. Wireless transmission is useful in cases where interconnecting wires are inconvenient, hazardous, or impossible. There are three main systems use for wireless electricity transmission including solar cells, microwaves, and resonance. Wireless power transmission system completely reduces current high-tension power transmission cables, substations, and towers between the consumers and generating stations. Wireless power transfer is a general term for a number of different technologies for transmitting energy by means of electromagnetic fields. Wireless power uses the same fields and waves as wireless communication devices like radio, another acquainted technology that involves electrical energy transmitted without wires by electromagnetic fields, used in cellphones, radio and television broadcasting, and WiFi.

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Global Wireless power transmission market report is segmented on the basis of Product type, Application and regional & country level. Based upon Product type Wireless power transmission market is classified into Near-Field Technology and Far-Field Technology. Based upon Application Wireless power transmission market is classified into Smartphones, Electric Vehicles, Wearable Electronics, Industrial and Others.

The regions covered in this Global Wireless power transmission market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level market of Wireless power transmission is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Wireless Power Transmission Companies

Qualcomm, Inc.Samsung Electronics Co., Ltd.TDK CorporationTexas Instruments, Inc.Nucurrent, Inc.Powermat Technologies, Ltd.Powerbyproxi, Ltd.Witricity CorporationConvenientpower Hk, Ltd.Integrated Device TechnologyLeggett & Platt Inc.Murata Manufacturing Co. Ltd.Plugless PowerOthers.

 

The growth of the wireless power transmission market is driven by the factors such as Consumer’s preference for wireless connectivity and need for effective charging systems

The growth of the Wireless power transmission Market is driven by the factors such as Consumer’s preference for wireless connectivity, need for effective charging systems. Currently, wireless connectivity technologies are being adopted at a high rate. The user wants to get rid of the wired connectivity because of its complexity. Nowadays, consumers expect vigorous wireless services universally including smartphones, notebooks, MP3 players, and digital cameras. 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. Samsung Galaxy Series, Motorola Droid phones, and Google Nexus phones are some notable smartphones, which have wireless charging capabilities. Smartphone usage statistics predicted that 2.71 billion people in the world own a smartphone in 2019. According to Wireless Broadband Alliance, Globally, total public Wi-Fi hotspots will grow sevenfold from 2015 to 2020, from 64.2 million in 2015 to 432.5 million by 2020. Wireless charging technology has been around for more than 100 years, but its presence in devices such as Apple's new iPhone line has given it new life. Just over 200 million wireless charging-enabled devices shipped in 2016, with almost all of them using some form of inductive (charging pad) type design. Moreover, the high cost associated with wireless power technology and lack of infrastructure associated with wireless power devices is hindering the growth of the wireless power transmission market. The growing efficiency of power transmission is expected to create an opportunity in Wireless power transmission market

North America is dominating the Wireless power transmission Market

North America is expected to dominate the growth of Wireless power transmission Market, due to rising need for battery powered equipment. The demand for portable devices has been increasing. High-energy pulse and a battery can make mobile devices three-fifths smaller than typical mobile device. Argonne National Laboratory estimate that 57 percent of the total value added 53 of batteries used in EVs sold in the United States originates in the United States (26 percent of total cost, which includes raw materials). European market is expected to grow over the forecast period as the region being one of the early adopters of this technology and wireless power transmission is especially used in electric vehicles and wearable electronics, hence it is expected to boost the market.

Key Benefits for Global Wireless power transmission Market Reports –

Global market report covers in depth historical and forecast analysis.

Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.

Global market report helps to identify opportunities in market place.

Global market report covers extensive analysis of emerging trends and competitive landscape.

Global Wireless power transmission market Segmentation –

By Products type: Near-Field Technology, Far-Field Technology

By Application: Smartphones, Electric Vehicles, Wearable Electronics, Industrial, Others

Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa

Table of Contents

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Wireless Power Transmission Market Size Growth Rate by Type (2014-2025)
1.4.2 Topical Products
1.4.3 Botulinum
1.4.4 Dermal Fillers
1.4.5 Chemical Peels
1.4.6 Microabrasion Equipment
1.4.7 Laser Surfacing Treatments
1.5 Market by Application
1.5.1 Global Wireless Power Transmission Market Share by Application (2014-2025)
1.5.2 Hospitals
1.5.3 Dermatology Clinics
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Wireless Power Transmission Market Size
2.2 Wireless Power Transmission Growth Trends by Regions
2.2.1 Wireless Power Transmission Market Size by Regions (2014-2025)
2.2.2 Wireless Power Transmission Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities

3 Market Share by Key Players
3.1 Wireless Power Transmission Market Size by Manufacturers
3.1.1 Global Wireless Power Transmission Revenue by Manufacturers (2014-2019)
3.1.2 Global Wireless Power Transmission Revenue Market Share by Manufacturers (2014-2019)
3.1.3 Global Wireless Power Transmission Market Concentration Ratio (CR5 and HHI)
3.2 Wireless Power Transmission Key Players Head office and Area Served
3.3 Key Players Wireless Power Transmission Product/Solution/Service
3.4 Date of Enter into Wireless Power Transmission Market
3.5 Mergers & Acquisitions, Expansion Plans

Read More: https://industrystatsreport.com/ICT-and-Media/Wireless-Power-Transmission-Market-Size/Summary

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Digvijay Chakravarty

Digvijay Chakravarty presently develops content for a slew of portals, including businessstatsnews and Industry Stats Report. A post graduate in mathematics and business administration. As a content writer, he currently writes articles pertaining to the latest industry news, business trends, and market research.

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