In order to expand their product lines, major market players are heavily investing in research and development, which will propel the growth of the wireless power transmission market. In order to expand their global presence, market players are also implementing a number of strategic measures, including the introduction of new products, signing contracts, merging with other companies, investing more, and working together. In order to grow and thrive in a market that is becoming more and more competitive, rivals in the wireless power transmission sector must provide reasonably priced products.
Manufacturing locally to save operational costs is one of the main business methods manufacturers use in the global wireless power transmission industry to serve customers and increase the market sector. Some of the biggest advances in medicine have come from the wireless power transmission sector in recent years. Major players in the wireless power transmission industry, like Wi-Charge Ltd., Texas Instruments Inc., Toshiba Corporation, Qualcomm Inc., and others, are investing in R&D to increase market demand.
Wireless power technologies are developed by NuCurrent with the goal of modifying electrical devices to complete the wireless power architecture and meet product requirements. In order to determine the best way to produce and deliver solutions through custom design, rapid prototyping, advanced simulation, and superior performance, the company’s technologies work closely with an electronic device. This enables clients to obtain advanced efficiency with product durability at a reasonable cost. NuCurrent and ATC joined in September 2021 to bring together NuCurrent’s superior wireless charging technology with ATC’s expertise and caliber in electronic subsystem production.
In addition, Powercast Company manufactures wireless charging devices that may be used in public spaces, workplaces, and industrial environments. By offering long-range, true wireless charging without wires or charging mats to charge fully untethered devices, the company’s technology helps customers solve challenges related to remote wireless charging, power their wireless sensor networks, and eliminate or reduce their need for wires and batteries. Based on Sequans Monarch cellular IoT connectivity technology, Powercast Corporation created a revolutionary cellular-based RF Power-Over-Distance Wireless Charging Platform in September 2022.
The segmentation coverage of the study is provided below.
Wireless Power Transmission Market based on Technology:
- Inductive
- Magnetic Resonance
- Conductive
- RF
- Infrared
Wireless Power Transmission Market based on Receiver:
- Smartphones
- Tablets
- Wearable Electronics
- Notebook
Wireless Power Transmission Market based on Geography:
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe (RoE)
- Asia Pacific (APAC)
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific (RoAPAC)
- Latin America (LATAM)
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa (MEA)
- UAE
- Turkey
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Currently, magnetic resonance and inductive resonance are the two technologies that underpin wireless power transfer. With the exception of consumer electronics applications, inductive technology has nearly become a commodity in the wireless power transmission market. As a result, inductive technology held the greatest market share in 2016. Wearable technology, tablets, and smartphones are a few major inductive wireless power transfer applications. However, magnetic resonance technology has not yet become widely used.
Due to the widespread use of inductive wireless power transmission in smartphones over the past few years, smartphones represent the greatest receiver application for wireless power transmission technology. Among the well-known smartphones with wireless charging are the Google Nexus, Motorola Droid, and Samsung Galaxy series. A significant portion of Samsung Electronics Co., Ltd.’s (South Korea) smartphone lineup includes models with built-in wireless charging receivers.
APAC is regarded as the center of production for consumer electronics, including wearables, tablets, laptops, and smartphones. Due to its enormous population and its fast urbanization, there has been a great demand for gadgets. Therefore, the APAC region’s enormous market size in the worldwide wireless power transmission technology market has been linked to the existence of sizable consumer electronics industries in countries like China, Japan, India, and South Korea.
The adoption of wireless communication technologies is currently occurring at a rapid pace. Due to its complexity, the user wishes to do away with wired connectivity. Consumers today anticipate reliable wireless services for all devices, including digital cameras, MP3 players, laptops, and cellphones. Because wireless communication allows users to move freely, synchronize quickly and easily, and perform convenient operations, wireless charging technology is widely used in consumer gadgets including wearables, tablets, and smartphones. The market for wireless power transmission technologies is being driven by consumers’ growing inclination to “go wireless.” Numerous businesses are offering inexpensive, user-friendly, and long-lasting gadgets with wireless charging capabilities, with a lifespan of 10 to 15 years. As a result, there is a growing market need for these gadgets.
The successful integration of wireless power transmission technology into consumer electronics goods has made it increasingly significant in today’s world. In order to meet the growing demand, a number of players are entering the market to provide wireless power transmission technologies, including start-up businesses with their creative ideas. This puts more pressure on suppliers of products based on wireless power transfer technologies to compete. The Wireless Power Consortium (WPC) and Airfuel Alliance are facing difficulties in unifying small- and mid-sized wireless charging equipment vendors under their purview. Some manufacturers are launching non-certified and non-standardized products (Qi/Rezence) at a cheaper price than standardized and certified items in an attempt to obtain a competitive edge.
The creation of tiny and micro robots for wireless power transfer has made use of the technology of wireless power transmission. There are several ongoing research projects involving wirelessly powered drones. Robots’ receivers are expected to receive power transmitted at a higher frequency by a transmitting coil. A wireless drone that can function above five inches of wireless power transmitter has been successfully demonstrated by Imperial College of London. The United States company ZiiEnergy, Inc. is creating a wireless drone receiver that complies with Open Dots Alliance (ODA) specifications and has a 45 watt capacity.
- This report illustrates the most vital attributes of the Wireless Power Transmission Market, which are driving and providing opportunities.
- This research gives an in-depth analysis of the Wireless Power Transmission Market growth on the basis of several segments in the market.
- This report presents the predictions of the past and present trends of the Wireless Power Transmission Market.
- This study also presents the competitive analysis, such as key strategies and capabilities of major players of the Wireless Power Transmission Market.
Methodology
Infoholic Research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:
- Data Collation (Primary & Secondary)
- In-house Estimation (Based on proprietary data bases and Models)
- Market Triangulation
- Forecasting
List of Tables
TABLE 1. WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 2. WIRELESS POWER TRANSMISSION MARKET VALUE FOR INDUCTIVE, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 3. WIRELESS POWER TRANSMISSION MARKET VALUE FOR MAGNETIC RESONANCE, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 4. WIRELESS POWER TRANSMISSION MARKET VALUE FOR CONDUCTIVE, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 5. WIRELESS POWER TRANSMISSION MARKET VALUE FOR RF, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 6. WIRELESS POWER TRANSMISSION MARKET VALUE FOR INFRARED, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 7. WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 8. WIRELESS POWER TRANSMISSION MARKET VALUE FOR SMARTPHONES, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 9. WIRELESS POWER TRANSMISSION MARKET VALUE FOR TABLETS, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 10. WIRELESS POWER TRANSMISSION MARKET VALUE FOR WEARABLE ELECTRONICS, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 11. WIRELESS POWER TRANSMISSION MARKET VALUE FOR NOTEBOOK, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 12. NORTH AMERICA WIRELESS POWER TRANSMISSION MARKET VALUE, BY COUNTRY, 2021-2030 (USD BILLION)
TABLE 13. NORTH AMERICA WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 14. NORTH AMERICA WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 15. U.S WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 16. U.S WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 17. CANADA WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 18. CANADA WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 19. MEXICO WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 20. MEXICO WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 21. EUROPE WIRELESS POWER TRANSMISSION MARKET VALUE, BY COUNTRY, 2021-2030 (USD BILLION)
TABLE 22. EUROPE WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 23. EUROPE WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 24. GERMANY WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 25. GERMANY WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 26. U.K WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 27. U.K WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 28. FRANCE WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 29. FRANCE WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 30. ITALY WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 31. ITALY WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 32. SPAIN WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 33. SPAIN WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 34. ROE WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 35. ROE WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 36. ASIA PACIFIC WIRELESS POWER TRANSMISSION MARKET VALUE, BY COUNTRY, 2021-2030 (USD BILLION)
TABLE 37. ASIA PACIFIC WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 38. ASIA PACIFIC WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 39. CHINA WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 40. CHINA WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 41. INDIA WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 42. INDIA WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 43. JAPAN WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 44. JAPAN WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 45. REST OF APAC WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 46. REST OF APAC WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 47. LATIN AMERICA WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 48. LATIN AMERICA WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 49. BRAZIL WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 50. BRAZIL WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 51. ARGENTINA WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 52. ARGENTINA WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 53. MIDDLE EAST AND AFRICA WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 54. MIDDLE EAST AND AFRICA WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 55. SAUDI ARABIA WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 56. SAUDI ARABIA WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 57. UAE WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 58. UAE WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 59. REST OF MIDDLE EAST AND AFRICA WIRELESS POWER TRANSMISSION MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 60. REST OF MIDDLE EAST AND AFRICA WIRELESS POWER TRANSMISSION MARKET VALUE, BY RECEIVER, 2021-2030 (USD BILLION)
TABLE 61. SAMSUNG (SOUTH KOREA): FINANCIALS
TABLE 62. SAMSUNG (SOUTH KOREA): PRODUCTS & SERVICES
TABLE 63. SAMSUNG (SOUTH KOREA): RECENT DEVELOPMENTS
TABLE 64. WI-CHARGE. (ISRAEL): FINANCIALS
TABLE 65. WI-CHARGE. (ISRAEL): PRODUCTS & SERVICES
TABLE 66. WI-CHARGE. (ISRAEL): RECENT DEVELOPMENTS
TABLE 67. ENERGOUS CORPORATION (US): FINANCIALS
TABLE 68. ENERGOUS CORPORATION (US): PRODUCTS & SERVICES
TABLE 69. ENERGOUS CORPORATION (US): RECENT DEVELOPMENTS
TABLE 70. SEMTECH (US): FINANCIALS
TABLE 71. SEMTECH (US): PRODUCTS & SERVICES
TABLE 72. SEMTECH (US): RECENT DEVELOPMENTS
TABLE 73. TOSHIBA CORPORATION (JAPAN): FINANCIALS
TABLE 74. TOSHIBA CORPORATION (JAPAN): PRODUCTS & SERVICES
TABLE 75. TOSHIBA CORPORATION (JAPAN): RECENT DEVELOPMENTS
TABLE 76. PANASONIC CORPORATION (JAPAN): FINANCIALS
TABLE 77. PANASONIC CORPORATION (JAPAN): PRODUCTS & SERVICES
TABLE 78. PANASONIC CORPORATION (JAPAN): RECENT DEVELOPMENTS
TABLE 79. ROHM CO., LTD. (JAPAN): FINANCIALS
TABLE 80. ROHM CO., LTD. (JAPAN): PRODUCTS & SERVICES
TABLE 81. ROHM CO., LTD. (JAPAN): RECENT DEVELOPMENTS
TABLE 82. UBEAM (US): FINANCIALS
TABLE 83. UBEAM (US): PRODUCTS & SERVICES
TABLE 84. UBEAM (US): RECENT DEVELOPMENTS
TABLE 85. HUMAVOX LTD (ISRAEL): FINANCIALS
TABLE 86. HUMAVOX LTD (ISRAEL): PRODUCTS & SERVICES
TABLE 87. HUMAVOX LTD (ISRAEL): RECENT DEVELOPMENTS
TABLE 88. POWERMAT (INDIA): FINANCIALS
TABLE 89. POWERMAT (INDIA): PRODUCTS & SERVICES
TABLE 90. POWERMAT (INDIA): RECENT DEVELOPMENTS
