Market Overview:
The global wireless power transmission system market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for wireless charging in consumer electronics, healthcare, automotive and industrial applications. Additionally, the growing demand for electric vehicles is also contributing to the growth of this market. However, factors such as high installation cost and lack of standardization are restraining the growth of this market. On the basis of type, inductive coupling accounted for a major share of the global wireless power transmission system market in 2017. This can be attributed to its advantages such as low installation cost and easy compatibility with existing infrastructure. Resonant inductive coupling is expected to grow at a higher CAGR during the forecast period owing to its advantages such as high efficiency and longer range transmission distance as compared with other types of coupling methods. On the basis of application, consumer electronics held a dominant share in 2017 owing to rising demand for smartphones and other portable devices that require charging on-the-go. Healthcare is expected grow at highest CAGR during 2018-2030 due rising adoption rates for medical implants that need regular charging or replacement batteries over their lifetime use. On regional basis North America accounted largest revenue generating region followed by Europe in 2017 .
Product Definition:
Wireless power transmission is a technology that uses electromagnetic fields to transfer energy from one point to another without the use of wires. This technology has a number of potential applications, including charging batteries and powering electronic devices. One of the most important applications for wireless power transmission is in electric vehicles. Wireless charging could allow electric cars to be charged while they are driving, which would eliminate the need for plug-in charging stations.
Inductive Coupling:
Inductive coupling is a technology that enables power transfer over long distances using electromagnetic induction. The basic principle behind it is very simple, two conductors are placed close to each other and an electric current flows between them; the closer the conductors are the higher will be the current. This technology has wide range applications in wireless charging systems for mobile devices, household appliances and many more.
Resonant Inductive Coupling:
Resonant inductive coupling is a type of electromagnetic coupling used to transfer power in the form of an electromagnetic wave. Resonant inductive couplings are widely used in wireless power transmission systems as they provide efficient and cost-effective solutions for long-distance transmissions.
The global resonant inductive coupling and's usage in wireless power transmission system market size was valued at USD 1,093.1 million in 2015.
Application Insights:
The consumer electronics segment accounted for the largest revenue share in 2016 and is anticipated to continue its dominance over the forecast period. The growth can be attributed to increasing use of wireless power transmission systems in smartphones, tablets, laptops and other similar devices. Moreover, introduction of new products with improved features is expected to boost demand further. For instance, Samsung introduced Galaxy S8 with a feature that enables it to charge phones wirelessly using Qi-compatible pads. This will help consumers avoid tangles caused by wires while charging their phones overnight at home or on the go.
Healthcare was one of the fastest-growing application segments owing to rising adoption of inductive medical devices such as stents and pacemakers among others by doctors.
Regional Analysis:
Asia Pacific regional market accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid developments in industries, such as consumer electronics, automotive, healthcare & medical devices, and others. Increasing disposable income levels coupled with growing demand for advanced technologies are some of the key factors driving regional growth.
The Asia Pacific region is characterized by a large number of wireless power transfer system vendors that provide products based on various technologies across countries like China, Japan, South Korea among others. These vendors are actively involved in research & development activities to improve their product portfolio and ensure high-quality standards required by end users’ demanding performance requirements from products used daily life situations such as smartphones or laptops etc.
Growth Factors:
- Increasing demand for wireless charging in consumer electronics
- Rising demand from the automotive sector
- Growing popularity of wireless power transmission systems in industrial and commercial applications
- Proliferation of next-generation technologies such as Li-Fi and WiGig that support wireless charging
- Government initiatives to promote the adoption of wireless power transmission systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Wireless Power Transmission System Market Research Report
By Type
Inductive Coupling, Resonant Inductive Coupling, Capacitive Coupling, Others
By Application
Consumer Electronics, Healthcare, Automotive, Industrial, Others
By Companies
Qualcomm, Inc., Samsung Electronics Co., Ltd., TDK Corporation, Texas Instruments, Inc., Nucurrent, Inc., Powermat Technologies, Ltd., Powerbyproxi, Ltd., Witricity Corporation, Convenientpower Hk, Ltd., Salcomp, Leggett & Platt, Inc, Energizer Holdings, Inc., Murata Manufacturing Co., Ltd., LG Electronics Inc, Texzon Technologies, Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Wireless Power Transmission System Market Report Segments:
The global Wireless Power Transmission System market is segmented on the basis of:
Types
Inductive Coupling, Resonant Inductive Coupling, Capacitive Coupling, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Electronics, Healthcare, Automotive, Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Qualcomm, Inc.
- Samsung Electronics Co., Ltd.
- TDK Corporation
- Texas Instruments, Inc.
- Nucurrent, Inc.
- Powermat Technologies, Ltd.
- Powerbyproxi, Ltd.
- Witricity Corporation
- Convenientpower Hk, Ltd.
- Salcomp
- Leggett & Platt, Inc
- Energizer Holdings, Inc.
- Murata Manufacturing Co., Ltd.
- LG Electronics Inc
- Texzon Technologies, Ltd.
Highlights of The Wireless Power Transmission System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Inductive Coupling
- Resonant Inductive Coupling
- Capacitive Coupling
- Others
- By Application:
- Consumer Electronics
- Healthcare
- Automotive
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wireless Power Transmission System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wireless power transmission system (WPT) is a technology that uses electromagnetic fields to transfer energy from one location to another.
Some of the major companies in the wireless power transmission system market are Qualcomm, Inc., Samsung Electronics Co., Ltd., TDK Corporation, Texas Instruments, Inc., Nucurrent, Inc., Powermat Technologies, Ltd., Powerbyproxi, Ltd., Witricity Corporation, Convenientpower Hk, Ltd., Salcomp, Leggett & Platt, Inc, Energizer Holdings, Inc., Murata Manufacturing Co., Ltd., LG Electronics Inc, Texzon Technologies, Ltd..
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wireless Power Transmission System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Wireless Power Transmission System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wireless Power Transmission System Market - Supply Chain
4.5. Global Wireless Power Transmission System Market Forecast
4.5.1. Wireless Power Transmission System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wireless Power Transmission System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wireless Power Transmission System Market Absolute $ Opportunity
5. Global Wireless Power Transmission System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Wireless Power Transmission System Market Size and Volume Forecast by Type
5.3.1. Inductive Coupling
5.3.2. Resonant Inductive Coupling
5.3.3. Capacitive Coupling
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wireless Power Transmission System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Wireless Power Transmission System Market Size and Volume Forecast by Application
6.3.1. Consumer Electronics
6.3.2. Healthcare
6.3.3. Automotive
6.3.4. Industrial
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wireless Power Transmission System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Wireless Power Transmission System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Wireless Power Transmission System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Wireless Power Transmission System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Wireless Power Transmission System Demand Share Forecast, 2019-2026
9. North America Wireless Power Transmission System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Wireless Power Transmission System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Wireless Power Transmission System Market Size and Volume Forecast by Application
9.4.1. Consumer Electronics
9.4.2. Healthcare
9.4.3. Automotive
9.4.4. Industrial
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wireless Power Transmission System Market Size and Volume Forecast by Type
9.7.1. Inductive Coupling
9.7.2. Resonant Inductive Coupling
9.7.3. Capacitive Coupling
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Wireless Power Transmission System Demand Share Forecast, 2019-2026
10. Latin America Wireless Power Transmission System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Wireless Power Transmission System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Wireless Power Transmission System Market Size and Volume Forecast by Application
10.4.1. Consumer Electronics
10.4.2. Healthcare
10.4.3. Automotive
10.4.4. Industrial
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wireless Power Transmission System Market Size and Volume Forecast by Type
10.7.1. Inductive Coupling
10.7.2. Resonant Inductive Coupling
10.7.3. Capacitive Coupling
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Wireless Power Transmission System Demand Share Forecast, 2019-2026
11. Europe Wireless Power Transmission System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Wireless Power Transmission System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Wireless Power Transmission System Market Size and Volume Forecast by Application
11.4.1. Consumer Electronics
11.4.2. Healthcare
11.4.3. Automotive
11.4.4. Industrial
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wireless Power Transmission System Market Size and Volume Forecast by Type
11.7.1. Inductive Coupling
11.7.2. Resonant Inductive Coupling
11.7.3. Capacitive Coupling
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Wireless Power Transmission System Demand Share, 2019-2026
12. Asia Pacific Wireless Power Transmission System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Wireless Power Transmission System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Wireless Power Transmission System Market Size and Volume Forecast by Application
12.4.1. Consumer Electronics
12.4.2. Healthcare
12.4.3. Automotive
12.4.4. Industrial
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wireless Power Transmission System Market Size and Volume Forecast by Type
12.7.1. Inductive Coupling
12.7.2. Resonant Inductive Coupling
12.7.3. Capacitive Coupling
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Wireless Power Transmission System Demand Share, 2019-2026
13. Middle East & Africa Wireless Power Transmission System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Wireless Power Transmission System Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Wireless Power Transmission System Market Size and Volume Forecast by Application
13.4.1. Consumer Electronics
13.4.2. Healthcare
13.4.3. Automotive
13.4.4. Industrial
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wireless Power Transmission System Market Size and Volume Forecast by Type
13.7.1. Inductive Coupling
13.7.2. Resonant Inductive Coupling
13.7.3. Capacitive Coupling
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Wireless Power Transmission System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wireless Power Transmission System Market: Market Share Analysis
14.2. Wireless Power Transmission System Distributors and Customers
14.3. Wireless Power Transmission System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Qualcomm, Inc.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Samsung Electronics Co., Ltd.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TDK Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Texas Instruments, Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nucurrent, Inc.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Powermat Technologies, Ltd.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Powerbyproxi, Ltd.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Witricity Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Convenientpower Hk, Ltd.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Salcomp
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Leggett & Platt, Inc
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Energizer Holdings, Inc.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Murata Manufacturing Co., Ltd.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. LG Electronics Inc
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Texzon Technologies, Ltd.
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
