Market Overview:
The global wireless power transmission technology market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smartphones and electric vehicles, and the growing trend of wearable electronics. In addition, the industrial sector is also expected to witness significant growth in this market during the forecast period. The global wireless power transmission technology market can be segmented on the basis of type into near-field technology and far-field technology. The near-field technology segment is expected to account for a major share of the global wireless power transmission technology market during the forecast period. This segment is mainly driven by its low cost and easy implementation as compared to far-field technology.
Product Definition:
The definition of wireless power transmission technology is the ability to send and receive power without any physical connection between the two devices. The importance of this technology is that it eliminates the need for wires, which can be a safety hazard, and it makes charging devices much easier.
Near-Field Technology:
Near-field technology is a power transmission technology that uses electromagnetic fields for the transfer of data and energy from one device to another without using any cables. The near field communication uses radio frequency (RF) waves to communicate between devices and objects. It provides several benefits such as compact size, cost efficiency, ease of use over current technologies like USB or Bluetooth; however it has some drawbacks too such as low data rate and short distance range compared to wired connections.
Far-Field Technology:
The far-field technology is used in wireless power transmission technology market to transmit energy without the need for wires. It enables devices to communicate and share data through electromagnetic fields. The primary application of this technology is in charging devices such as mobile phones, tablets, and other consumer electronic products wirelessly using a near-by compatible device such as an induction plate or a resonance plate.
Application Insights:
The smartphones application segment led the global wireless power transmission technology market in 2017. The smartphones are gaining popularity among consumers and enterprises. This trend has boosted demand for WPT solutions in this sector. Moreover, introduction of advanced phones with unique features such as 4G LTE connectivity is expected to drive the segment further over the forecast period.
The electric vehicles application segment is projected to witness significant growth over the forecast period owing to increasing government initiatives regarding reduction of greenhouse gas emissions from automobiles, coupled with rising consumer awareness regarding energy conservation measures taken by automobile manufacturers such as improved vehicle efficiency and lower carbon emissions during production and transportation processes respectively.
Regional Analysis:
The 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 a growing adoption of wireless power transmission technology in smartphones, laptops, tablets, electric vehicles and other consumer electronics products. This can be attributed to increasing research & development activities by key industry players such as Samsung Electronics Co., Ltd.; Google LLC; LG Electronics Inc.; and Huawei Technologies Co., Ltd. In addition, rising demand for smaller device sizes with less weight is anticipated to drive product demand over the forecast period.
North America regional market accounted for more than 20% of global revenue share in 2017 owing to high usage rates of wireless charging technologies across major applications including smartphones, wearables devices (healthcare monitoring devices), electric vehicles and others. Moreover, presence of prominent companies such as Powermatics Corporation; Qualcomm Inc.
Growth Factors:
- Increasing demand for wireless charging in consumer electronics
- Rising demand from the automotive sector
- Growing popularity of wireless power transmission in industrial and commercial applications
- Proliferation of next-generation technologies that support wireless charging
- Advances in semiconductor technology that improve the efficiency of wireless power transmission
Scope Of The Report
Report Attributes
Report Details
Report Title
Wireless Power Transmission Technology Market Research Report
By Type
Near-Field Technology, Far-Field Technology
By Application
Smartphones, Electric Vehicles, Wearable Electronics, Industrial, Others
By Companies
Qualcomm, Inc., Samsung Electronics, TDK Corporation, Texas Instruments, Inc., Nucurrent, Inc., Powermat Technologies, Ltd., Powerbyproxi, Ltd., Witricity Corporation, Convenientpower Hk, Ltd., Salcomp
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Wireless Power Transmission Technology Market Report Segments:
The global Wireless Power Transmission Technology market is segmented on the basis of:
Types
Near-Field Technology, Far-Field Technology
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
Smartphones, Electric Vehicles, Wearable Electronics, 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
- TDK Corporation
- Texas Instruments, Inc.
- Nucurrent, Inc.
- Powermat Technologies, Ltd.
- Powerbyproxi, Ltd.
- Witricity Corporation
- Convenientpower Hk, Ltd.
- Salcomp
Highlights of The Wireless Power Transmission Technology 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:
- Near-Field Technology
- Far-Field Technology
- By Application:
- Smartphones
- Electric Vehicles
- Wearable Electronics
- 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 Technology 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 technology is a way to send energy over long distances without using wires. It works by using radio waves to transfer power from one device to another.
Some of the key players operating in the wireless power transmission technology market are Qualcomm, Inc., Samsung Electronics, TDK Corporation, Texas Instruments, Inc., Nucurrent, Inc., Powermat Technologies, Ltd., Powerbyproxi, Ltd., Witricity Corporation, Convenientpower Hk, Ltd., Salcomp.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wireless Power Transmission Technology 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 Technology 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 Technology Market - Supply Chain
4.5. Global Wireless Power Transmission Technology Market Forecast
4.5.1. Wireless Power Transmission Technology Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wireless Power Transmission Technology Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wireless Power Transmission Technology Market Absolute $ Opportunity
5. Global Wireless Power Transmission Technology 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 Technology Market Size and Volume Forecast by Type
5.3.1. Near-Field Technology
5.3.2. Far-Field Technology
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wireless Power Transmission Technology 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 Technology Market Size and Volume Forecast by Application
6.3.1. Smartphones
6.3.2. Electric Vehicles
6.3.3. Wearable Electronics
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 Technology 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 Technology 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 Technology 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 Technology 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 Technology Demand Share Forecast, 2019-2026
9. North America Wireless Power Transmission Technology 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 Technology 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 Technology Market Size and Volume Forecast by Application
9.4.1. Smartphones
9.4.2. Electric Vehicles
9.4.3. Wearable Electronics
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 Technology Market Size and Volume Forecast by Type
9.7.1. Near-Field Technology
9.7.2. Far-Field Technology
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 Technology Demand Share Forecast, 2019-2026
10. Latin America Wireless Power Transmission Technology 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 Technology 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 Technology Market Size and Volume Forecast by Application
10.4.1. Smartphones
10.4.2. Electric Vehicles
10.4.3. Wearable Electronics
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 Technology Market Size and Volume Forecast by Type
10.7.1. Near-Field Technology
10.7.2. Far-Field Technology
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 Technology Demand Share Forecast, 2019-2026
11. Europe Wireless Power Transmission Technology 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 Technology 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 Technology Market Size and Volume Forecast by Application
11.4.1. Smartphones
11.4.2. Electric Vehicles
11.4.3. Wearable Electronics
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 Technology Market Size and Volume Forecastby Type
11.7.1. Near-Field Technology
11.7.2. Far-Field Technology
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 Technology Demand Share, 2019-2026
12. Asia Pacific Wireless Power Transmission Technology 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 Technology 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 Technology Market Size and Volume Forecast by Application
12.4.1. Smartphones
12.4.2. Electric Vehicles
12.4.3. Wearable Electronics
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 Technology Market Size and Volume Forecast by Type
12.7.1. Near-Field Technology
12.7.2. Far-Field Technology
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 Technology Demand Share, 2019-2026
13. Middle East & Africa Wireless Power Transmission Technology 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 Technology 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 Technology Market Size and Volume Forecast by Application
13.4.1. Smartphones
13.4.2. Electric Vehicles
13.4.3. Wearable Electronics
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 Technology Market Size and Volume Forecast by Type
13.7.1. Near-Field Technology
13.7.2. Far-Field Technology
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 Technology Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wireless Power Transmission Technology Market: Market Share Analysis
14.2. Wireless Power Transmission Technology Distributors and Customers
14.3. Wireless Power Transmission Technology 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
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. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
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
