Global Wireless Power Transmission Market Research Report and Forecast to 2032 is an investigative report providing an extensive study of the global Wireless Power Transmission market with regards to market size, market share, current and emerging trends, and latest technological developments. The report also sheds light on the competitive landscape of the Wireless Power Transmission market on the global and regional scale, along with a thorough forecast estimation to 2032. The new report is updated with the impact of the COVID-19 pandemic on the Wireless Power Transmission market. It analyzes the impact of the pandemic with regards to economic landscape and government regulations in each region. It also studies the supply chain disruptions and economic volatility induced by the pandemic and offers a current and future assessment of the impact of the pandemic on the global and regional Wireless Power Transmission market.
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 IncThe 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 segmentationType Outlook:
Technology Outlook (Revenue, USD Billion; 2019-2030)
- Microwave/RFLaser/Infrared
- InductiveCapacitive CouplingMagnetic Resonance
- Microwave/RFLaser/Infrared
- InductiveCapacitive CouplingMagnetic Resonance
- Microwave/RFLaser/Infrared
- InductiveCapacitive CouplingMagnetic Resonance
- S.CanadaMexico
- GermanyK.ItalyFranceBENELUXRest of Europe
- ChinaIndiaJapanSouth KoreaRest of APAC
- BrazilRest of LATAM
- Saudi ArabiaA.E.South AfricaRest of MEA