Wireless Power Transmission Market is expected to reach US$ 44.41 Bn by 2029, at a CAGR of 12.3% during the forecast period.
Wireless Power Transmission Market Overview:
The primary goal of this research is to assist the user in understanding the Wireless Power Transmission market in terms of definition, segmentation, market potential, significant trends, and the problems that the Wireless Power Transmission industry faces in key regions and nations. The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
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Market Scope:
The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
Market Dynamic:
The advantage of eliminating cords while allowing clutter-free charging drives demand for wireless power transmission. This advantage is particularly pushing the development of wirelessly charged consumer electronics gadgets. Wireless chargers can detect how much power each electronic gadget requires, preventing batteries from being overcharged. Furthermore, because there is no AT&C loss in wireless power transmission, electricity loss is lower than in cable power transmission. This is predicted to further enhance the use of wireless power transmission, consequently expanding the worldwide wireless power transmission market. Other drivers propelling the market are high operational efficiency, increased use of network communications, digitization, and infrastructure development.
Segmentation:
Smartphones are the largest receiver application segment for wireless power transmission technology, owing to the deployment of inductive wireless power transmission in many smartphones in recent years. Some prominent smartphones with wireless charging capability include the Samsung Galaxy Series, Motorola Droid phones, and Google Nexus phones.
By Technology
Near-Field Technologies
Far-Field Technologies
By Implementation
Aftermarket
Integrated
By Receiver Application
Smartphones
Tablets
Wearable Electronics
Notebooks
Other
Consumer Electronics
Electrical Vehicle Charging
Industrial
By Transmitter Application
Standalone Chargers
Automotive (In-Vehicle Charging System)
Electric Vehicle Charging
Furniture
Industrial
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Key Players: The study discusses the key market players who are engaged in the industry, such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors, and so on. The key players in the Wireless Power Transmission market are
1. Integrated Device Technology, Inc.
2. Qualcomm, Inc.
3. Samsung Electronics Co., Ltd.
4. TDK Corporation
5. Texas Instruments, Inc.
6. Nucurrent, Inc.
7. Powermat Technologies, Ltd.
8. Powerbyproxi, Ltd.
9. Witricity Corporation
10.ConvenientpowerHk, Ltd.
11.Salcomp PLC
12.Ossia Inc.
13.Energous Corporation
14.Fulton Innovation LLC
15.Humavox Ltd.
16.WI Charge Ltd.
17.Energysquare
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Regional Analysis:
The report focuses on Global Regions and Market Size of Wireless Power Transmission , and development forecast 2021-2027, including industries, major players, suppliers worldwide, and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.
COVID-19 Impact Analysis on Wireless Power Transmission Market:
The report discusses the impact of COVID-19: Since the breakout of the COVID-19 virus in December 2019, the disease has spread to practically every country on the planet, prompting the WHO to declare it a public health crisis. The worldwide effects of the coronavirus epidemic are already being noticed, and they will have a considerable influence on the Wireless Power Transmission industry in 2021.
See also Immunocytokines Market: Revolutionizing Industries with Disruptive Growth Strategies
Key Questions answered in the Wireless Power Transmission Market Report are:
- What is the function of Wireless Power Transmission ?
- What is the predicted revenue generation of the Wireless Power Transmission market?
- At what growth rate is the Wireless Power Transmission market evolving?
- Who are the major market giants operating in the Wireless Power Transmission market?
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