Wireless Power Transmission Market By Technology, By Implementation, By Receiver Application, and Transmitter Application – Global Opportunities and Forecast, 2020-2027
Wireless Power Transmission Market By Technology (Near-Field Technology, Far-Field Technology), By Implementation (Integrated, Aftermarket), By Receiver Application (Smartphones, Tablets, Wearable Electronics, Notebooks, Other Consumer Electronics, Electric Vehicle Charging, Industrial), Transmitter Application (Standalone Chargers, Automotive, Electric Vehicle Charging, Furniture, Industrial) – Global Opportunities and Forecast, 2020-2027
Wireless Power Transmission Market is projected at USD 4,484 Million in 2019 and is expected to grow at a CAGR of 21.5% during forecast period.
Wireless Power Transmission Market Overview
Wireless Power Transmission refers to the transmission of electric power from the device to transmitter without the need of wire. Wireless transmission helps in transmitting power to remote locations and is useful when interconnecting wires are not hazardous. Consumers all across the globe prefer wireless power transmission for multiple products such as smartphones, laptops, tablets, and other devices.
To have the edge over the competition by knowing the market dynamics and current trends of “UAE Cloud Computing Market,” request for Sample Report here
Major Wireless Power Transmission Market Drivers
The need for effective charging systems is one of the key factors driving the growth of the global wireless power transmission market. There has been increased adoption of gadgets like smartphones, digital cameras, MP3 players, and notebooks among consumers. Therefore, users want to replace complex wired connectivity with wireless technology as it offers mobility, easy accordance, and enhanced operations. In addition to this, multiple players in the market are coming up with new solutions such as cost-effective and user-friendly solutions, which are increasing the demand for wireless power transmission devices.
Increasing demand for wireless technology for the automotive industry is the key trend observed in the wireless power transmission market globally. Currently, wireless technologies are transforming connectivity in the automobile sector. The automotive industry is more adaptive towards the adoption of Bluetooth technology, which enhances the overall safety of car users and increases their comfort and convenience. On the other edge, lack of common standards can hamper the growth of Global Wireless Transmission Market.
Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report
Based on technology, the near-field technology category would register a faster CAGR during the forecast period. This is attributed to the high adoption of inductive near-field technology by consumers. This technology is basically used for tablets, smartphones, and wearable devices by manufacturers.
On the basis of the receiver application, the smartphones receiver category would witness a higher CAGR during the forecast period. This is attributed to the high adoption of wireless power transmission by multiple smartphone manufacturers such as Google Inc, Samsung Electronics, Motorola Mobility LLC, and others.
In case, any of your pain points areas are not covered in the current scope of this report, Request for Customization here
Regional – Segment Analysis
Based on the region, North America is expected to dominate the market over the forecast period as the region is an early adopter of the technology. The region is also proactive in working on multiple R&D projects, to bring new advancements in wireless power transmission technology. On the other edge, the APAC region is expected to witness a higher CAGR during the forecast period. This is due to the high penetration rate of electronic industries in the region. An increase in population in past years has led to the elevated demand for smart devices such as tablets, smartphones, laptops, and wearable devices. This has also proliferated the growth of electronic industries in multiple countries of the region, including China, India, Japan, South Korea, and others.
Top Market Players
The key players in the market include Qualcomm, Inc, Toshiba Corporation, Panasonic Corporation, Integrated Device Technology Inc, Rohm Co. Ltd, Semtech Corporation, Texas Instruments Inc, Energous Corporation, Fulton Innovation LLC, and Ossia Inc.
Key Developments
-
- In January 2020, Qualcomm Inc, announced the partnership with General Motors (GM) to deliver the state-of-the-art driving experience to current and upcoming vehicles. In this partnership, GM would use Qualcomm Inc’s wireless communication solution to offer an enhanced driving experience to customers.
Segments covered in the Report:
The Global Wireless Power Transmission market is segmented on the basis of technology, implementation, receiver application, transmitter application and key regions. Based on technology, the market is segmented into Near-Field Technology and Far-Field Technology. Based on implementation, the market is segmented into Integrated, Aftermarket). Based on receiver application, the market is segmented into Smartphones, Tablets, Wearable Electronics, Notebooks, Other Consumer Electronics, Electric Vehicle Charging, Industrial. Based on transmitter application, the market is segmented into Standalone Chargers, Automotive, Electric Vehicle Charging, Furniture and Industrial.
Key questions answered in this research report:
-
- At what pace is the global Wireless Power Transmission market growing? What will be the growth trend in the future?
- What are the key drivers and restraints in the global Wireless Power Transmission market? What will be the impact of drivers and restraints in the future?
- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Wireless Power Transmission market?
- Which Technology generated maximum revenues in 2019 and identify the most promising Technology during the forecast period?
- What are the various application areas of the global Wireless Power Transmission market, and how are they poised to grow?
- What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?
|
Report Coverage |
Details |
| Market Base Year |
2019 |
| Market Forecast Period |
2020-2027 |
| Market Revenues (2019) |
USD 4,484 Million |
| Base Year & Forecast Units |
Revenues (USD Million) |
| Market Segment | By Technology, By Implementation, By Receiver Application, By Transmitter Application, By Region |
| Regional Coverage | Asia Pacific, Europe, North America, and RoW |
| Companies Profiled | Qualcomm, Inc, Toshiba Corporation, Panasonic Corporation, Integrated Device Technology Inc, Rohm Co. Ltd, Semtech Corporation, Texas Instruments Inc, Energous Corporation, Fulton Innovation LLC, Ossia Inc, among others, a total of 10 companies covered. |
| 25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation
Global Wireless Power Transmission Market by Technology
-
- Near-Field Technology
- Inductive
- Magnetic Resonance
- Capacitive Coupling/Conductive
- Far-Field Technology
- Microwave/RF
- Laser/Infrared
- Near-Field Technology
Global Wireless Power Transmission Market by Implementation
-
- Integrated
- Aftermarket
Global Wireless Power Transmission Market by Receiver Application
-
- Smartphones
- Tablets
- Wearable Electronics
- Notebooks
- Other Consumer Electronics
- Electric Vehicle Charging
- Industrial
Global Wireless Power Transmission Market by Transmitter Application
-
- Standalone Chargers
- Automotive (In Vehicle)
- Electric Vehicle Charging
- Furniture
- Industrial
Global Wireless Power Transmission Market by Region
-
-
North America Wireless Power Transmission Market (Option 1: As a part of the free 25% customization)
- North America Wireless Power Transmission Market by Technology
- North America Wireless Power Transmission Market by Implementation
- North America Wireless Power Transmission Market by Receiver Application
- North America Wireless Power Transmission Market by Transmitter Application
- US Wireless Power Transmission Market All-Up
- Canada Wireless Power Transmission Market All-Up
-
Europe Wireless Power Transmission Market (Option 2: As a part of the free 25% customization)
- Europe Wireless Power Transmission Market by Technology
- Europe Wireless Power Transmission Market by Implementation
- Europe Wireless Power Transmission Market by Receiver Application
- Europe Wireless Power Transmission Market by Transmitter Application
- UK Wireless Power Transmission Market All-Up
- Germany All-Up Wireless Power Transmission Market All-Up
- France Wireless Power Transmission Market All-Up
- Spain Wireless Power Transmission Market All-Up
- Rest of Europe Wireless Power Transmission Market All-Up
-
Asia-Pacific Wireless Power Transmission Market (Option 3: As a part of the free 25% customization)
- Asia-Pacific Wireless Power Transmission Market by Technology
- Asia-Pacific Wireless Power Transmission Market by Implementation
- Asia-Pacific Wireless Power Transmission Market by Receiver Application
- Asia-Pacific Wireless Power Transmission Market by Transmitter Application
- China Wireless Power Transmission Market All-Up
- India Wireless Power Transmission Market All-Up
- Japan Wireless Power Transmission Market All-Up
- Rest of APAC Wireless Power Transmission Market All-Up
-
ROW Wireless Power Transmission Market (Option 4: As a part of the free 25% customization)
- RoW Wireless Power Transmission Market by Technology
- RoW Wireless Power Transmission Market by Implementation
- RoW Wireless Power Transmission Market by Receiver Application
- RoW Wireless Power Transmission Market by Transmitter Application
- Brazil Wireless Power Transmission Market All-Up
- South Africa Wireless Power Transmission Market All-Up
- Saudi Arabia Wireless Power Transmission Market All-Up
- UAE Wireless Power Transmission Market All-Up
- Rest of world (remaining countries of the LAMEA region) Wireless Power Transmission Market All-Up
-
Leading Market Players (Option 5: As a part of the free 25% customization – Profiles of 5 Additional Companies of your Choice)
-
- Qualcomm, Inc,
- Toshiba Corporation
- Panasonic Corporation
- Integrated Device Technology Inc
- Rohm Co. Ltd
- Semtech Corporation
- Texas Instruments Inc.
- Energous Corporation
- Fulton Innovation LLC
- Ossia Inc.
Frequently Asked Question About This Report
Wireless Power Transmission Market [UP652A-00-0620]
The key factor driving the wireless power transmission market include increased adoption of gadgets like smartphones, digital cameras, MP3 players, and notebooks among consumers. Therefore, users want to replace complex wired connectivity with wireless technology as it offers mobility, easy accordance, and enhanced operations.
Top key players include Qualcomm, Inc, Toshiba Corporation, Panasonic Corporation, Integrated Device Technology Inc, Rohm Co. Ltd, Semtech Corporation, Texas Instruments Inc, Energous Corporation, Fulton Innovation LLC, and Ossia Inc.
Wireless Power Transmission Market is projected at USD 4,484 Million in 2019 and is expected to grow at a CAGR of 21.5% during forecast period.
North America is dominating the market over the forecast period as the region is an early adopter of the technology. The region is also proactive in working on multiple R&D projects, to bring new advancements in wireless power transmission technology.
Why GMI Research
