Wireless Power Transmission (WPT) is a new evolving technology in the world at the moment. The most common method used right now for wireless power transfer is by inductive coupling. The simplest and inexpensive methods of charging the electronic gadgets is by wireless power transfer, as it eradicate the use of conservative copper cables and current carrying wires. The inductive coupling technique is used since presently it is the easiest way of wireless power transmission since it has high competence and large amount of the energy transferred.
Analysis of Global Wireless Power Transmission Market report:
The Global Wireless Power Transmission Market is expected to reach USD 16.29 billion by 2025, from USD 3.08 billion in 2017 growing at a CAGR of 23.10% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Major Market Drivers and Restraints:
• Convenience need for effective charging systems
• Need for effective charging systems
• Impact of uncertified and non–standardized products on the industry coherence leads to poor user experience
• High cost of wireless power transmission technology-based devices
Leading Key players profiled in this report are:
The renowned players in global wireless power transmission market are SAMSUNG, Wi-Charge., Energous Corporation, HUMAVOX LTD, Semtech, TOSHIBA CORPORATION, Panasonic Corporation ROHM SEMICONDUCTOR, Murata Manufacturing Co, Philips N.V , uBeam, HUMAVOX LTD, Mojo Mobility, Mopar, Powermat, Powercast, Fulton Innovation LLC, TDK Corporation, WiTricity Corporation, Integrated Device Technology, Inc., Texas Instruments Incorporated, Ossia Inc. and many more.
Global Global Wireless Power Transmission Market Market Segmentation:
• Based on Technology, the market is segmented into near-field technology and far-field technology segments. The near-field technology segment is further sub-segmented into inductive, magnetic resonance and capacitive coupling/conductive. The far-field technology segment is further sub-segmented into microwave/RF and laser/infrared.
• On the basis of implementation, the market is classified into integrated and aftermarket.
• On the basis of receiver application, the market is segmented into Smartphones, Tablets, Wearable Electronics, Notebooks. ,.
• On the basis of transmitter application, the market is segmented into Electric Vehicle Charging, Furniture, and Industrial.
• Based on geography, the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa.
Competitive Analysis: Global Wireless Power Transmission Market
The global wireless power transmission market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes wireless power transmission market shares of market for global, Europe, North America, Asia Pacific and South America.
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The Global Wireless Power Transmission market report provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading markets players within the Global Wireless Power Transmission market. The industry changing factors for the market segments are explored in this report. This analysis report covers the growth factors of the worldwide market based on end-users. Market opportunities and recommendations for new investments are also encompassed in this report.
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