Global Wireless Power Transmission Market Research Report- Forecast 2027

Global Wireless Power Transmission Market, By Technology (Inductive, Magnetic Resonance, Conductive, RF, Infrared), By Receiver (Smartphones, Tablets, Wearable Electronics, Notebook), By Transmitter (Standalone charger, Electric vehicle charging, Industrial) - Forecast 2027

ID: MRFR/SEM/1725-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of the report has been updated from 2016-2022 to 2020-2027. Cordially fill Sample form for the updated data.

MARKET OVERVIEW

Wireless power transmission is the transfer of electrical energy from the power source to the load in the absence of wires and batteries. It is possible in cases where the interconnecting wires are not hazardous. The market offers many benefits to end-users like extended life of the battery, low energy consumption, and many others. Rapid expansion in the consumer electronics market in countries such as South Korea and Japan and the need for battery-powered equipment are driving its growth.

The industry has witnessed its developments in wireless charging as many start-ups have been developed based on laser and microwave technologies. North America covers a great area of the market share of the global wireless power transmission market and is expected to grow at a high rate but some of the places in European regions tend to grow at a faster pace in the forecast period of 2016-2022. The ability of the devices to transfer power with a strong electromagnetic field has a positive impact on the size.

COVID 19 ANALYSIS

Smart technology has been a robust market and COVID 19 has shown a vastly negative impact on the economic growth of the country. The rush to launch labor-saving techniques. Consumers demand products which are of regularity complaints. There is no chance of using products with low battery condition, security, and its non-ability to connect with the latest technologies. The pandemic has increased its demand more for using this technology. To fulfill this increasing demand government has taken certain safety measures for the manufacturing of the product.            

MARKET DYNAMICS


  • Drivers- the drivers contributing to the wireless power transmission market size depend on consumer’s preference for wireless connectivity, the need for effective charging systems, and innovative features such as expansion in reliability, efficiency, low maintenance cost, and its fast working system. The need for a “go-wireless” tendency is now being adopted at a high rate. Wireless charging technology has enabled devices that are user-friendly, cost-effective, and which has a lifespan of more years.



  • Opportunities- the growth of efficiency of the devices creates an opportunity in the Wireless Power Transmission Market. Solar energy incorporation in the wireless transmission provides great opportunities to open up a new market. Automobile industries Honda, Nissan, etc focus on electrically charged automobiles creating growth opportunities.



  • Restraints- the high cost of the technology associated with the lack of infrastructure of the wireless devices restraints its market size. Issues linked with the devices have hindered the growth. Uncertified and non-standard products are the key products that restraint wireless power transmission market size as their safety and quality are not guaranteed.



  • Challenges- this technology is showing its major portion of the growth in customer’s electronics applications. But this technology presently faces some kind of limitations. The range of transmission by a certain technique is limited. This limitation in the marketing field creates a major challenge to the manufacturers. Safety and efficiency issues are the major issues that may harm the biological environment. At last, the most challenging factor is that most start-up companies develop certain products but in the end, they fail to launch them.



  • Cumulative growth- consumer electronics industry expansion in Japan, Russia, and South Korea show advancement in growth. Especially during COVID wireless market showed helpful growth where the devices helped in virtual learning. Expansion showed in the adoption of the internet of things and the penetration rate of the internet. This technology has revolutionized how users interact with these devices.


SEGMENT OVERVIEW


  • Type- the type of segments covered by the wireless power transmission industry linked with devices with a battery and devices without a battery. Along with it, the range consists of short-range and high range.

  • Technology- this advancement in technology increases the convenience, mobility, and safety of this electronic device for all users. A term named inductive coupling is the most widely used in this technology. The radiative technique makes power travel longer distances. Its advanced battery technology has extended the growth of the Wireless Power Transmission Market. This technology is being implemented in industries such as defense and healthcare units.

  • By service- it is often used in solar power satellites and wireless drone aircraft.


VALUE CHAIN ANALYSIS

The continuously evolving value chain provides insights into key players. Experts have considered the structural framework and evaluated the value chain. The value chain will make you confident towards business strategies to gain a competitive advantage.

REGIONAL ANALYSIS

Region-wise, North America is counted to occupy the largest Wireless Power Transmission Market share especially in countries such as the U.S. due to its investing a high amount for the technology and also for reducing the price for its installation. In the forecast period, the European market has been marked to grow due to it being the early adopters of technology and power transmission. A European market named EGVI has undertaken fabric and unplugged projects on Wireless Power Transmission Market.

COMPETITIVE LANDSCAPE

Various companies with innovative ideas have entered into the market with wireless power transmission technology. Major leaders in the global wireless power transmission market are Ossia Inc (U.S.), Wi-Charge Ltd (Israel), Energous Corporation (U.S.), Humavous Ltd(Israel), Fulton Innovation LLC, Qualcom Inc (U.S.), Texas Instruments Inc, Integrated device Technology (U.S.), Semtech Corp(U.S.), Toshiba Corp (Japan), others. All of the above-mentioned companies have broad portfolios which focus on different applications like wearables, smartphones, industrial, etc.

RECENT DEVELOPMENTS


  • Witricity Cor[poration in 2017 announces to collaborate with Nissan Motor Company Ltd(Japan) for wireless charging of the devices like vehicles

  • Dell in collaboration with Witricity announced charging technology in a notebook. Dell itself managed to launched magnetic resonance technology based on wireless charging notebooks.

  • PowerbyProxi ltd. launched Proximodular wireless system of 100W. It is especially used for industrial uses like transferring power in between the rotating and vibrating joints, and also to give out power in dusty environments.

  • A high-frequency structure was used due to which the efficiency was relatively stable

  • A4WP technology was used which is based on reference power transmitting and receiving resonators that enable the efficient transfer of power to electronic devices.


REPORT OVERVIEW

The research report provides an analysis of integrated information about the key drivers, restraints, and opportunities offered during the forecast period. From the long-term study, it was marked about the data volume of the components, end customers, and demography. The report provides knowledge about the planning of business owners on designing their marketing and branding strategies of the global wireless power transmission market. The market research report also provides information about the performance of the business region-wise and thus planning to explore new areas. The industry gives a close peep towards the market and the influential growth. It analyzes the key players, who are trying different strategies to come to the top position. It also marks the upstream and downstream growth of the Wireless Power Transmission Market.



Frequently Asked Questions (FAQ) :


The wireless market is expected to grow at a CAGR of 20.9% in the forecast period of 2020-2027. Malaysia and Indonesia owe major portions in growth. The wireless power transmission industry has grown from USD 2.5 billion in 2016 to USD 11.3 billion by 2022.

The demand for the use of wireless connectivity motivates marketing dynamics. This technology has a widespread impact on commercialization. It is an available offering for personal communication and is also used for fast exchange of im\nformatio in an emergency. It is also used in remote areas where satellite communication is used. It is vitally used in video communication and for real-time text messaging. In business, sectors it is used to keep track of the company’s traveling activities. Bluetooth is a wireless usage where the exchange of data can be done. In the traveling industry, GPS is helpful to find an efficient route.

A significant range of progress is shown depending on the functional category and in the case of energy technology depending on the technical approach of the industry. The progress rates have exceeded for various fields. An income level of USD 20 billion has to be used by 2022.

The crucial contestants in the market are Humavox Ltd (Israel), Energous Corporation (U.S.), Qualcomm Inc. (U.S.), Texas Instruments Inc. (U.S.), and Fulton Innovation LLC (U.S.) gardens up the market.

The fall in installation costs affects the growth in the forecast period

Table oF Contents

1. Executive Summary

2. Research Methodology

2.1 Scope of the study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market size Estimation

2.4 Forecast Model

3. Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Value Chain Analysis

3.4 Porter’s Five Forces Analysis

4. Global Wireless Power Transmission Market, by Technology

4.1 Introduction

4.2 Inductive

4.3 Magnetic Resonance

4.4 Conductive

4.5 RF

4.6 Other

5. Global Wireless Power Transmission Market, By Receiver

5.1 Introduction

5.2 Smartphones

5.3 Gadgets

5.4 Wearable Electronics

5.5 Other

6. Global Wireless Power Transmission Market, By Transmitter

6.1 Introduction

6.2 Standalone Charging

6.3 Electric Vehicle Charging

6.4 Industrial

6.5 Others

7. Global Wireless Power Transmission Market, By End-users

7.1 Healthcare

7.2 Automotive

7.3 Banking

7.4 Industrial

7.5 Consumer Electronics

7.6 Others

8. Regional Market Analysis

8.1 Introduction

8.2 North America

8.2.1 U.S.

8.2.2 Canada

8.3 Europe

8.3.1 U.K.

8.3.2 France

8.3.3 Germany

8.3.4 Russia

8.3.5 Rest of Europe

8.4 Asia-Pacific

8.4.1 China

8.4.2 Japan

8.4.3 India

8.4.5 South Korea

8.4.6 Rest of Asia-Pacific

8.5 Rest of the World

9. Competition Analysis

8.1 Introduction

8.2 Competitive Scenario

8.2.1 Market Share Analysis

8.3 Ossia, Inc.

8.3.1 Overview

8.3.2 Product/Service Offering

8.3.3 Strategy

8.4 Wi-Charge Ltd.

8.4.1 Overview

8.4.2 Product/Service Offering

8.4.3 Strategy

8.5 Energous Corporation

8.5.1 Overview

8.5.2 Product/Service Offering

8.5.3 Strategy

8.6 Humavox Ltd.

8.6.1 Overview

8.6.2 Product/Service Offering

8.6.3 Strategy

8.7 Fulton Innovation LLC

8.7.1 Overview

8.7.2 Product/Service Offering

8.7.3 Strategy

8.8 Qualcomm Inc.

8.8.1 Overview

8.8.2 Product/Service Offering

8.8.3 Strategy

8.9 Texas Instruments Inc.

8.9.1 Overview

8.9.2 Product/Service Offering

8.9.3 Strategy

8.10 Integrated Device Technology, Inc.

8.10.1 Overview

8.10.2 Product/Service Offering

8.10.3 Strategy

8.11 Semtech Corp.

8.11.1 Overview

8.11.2 Product/Service Offering

8.11.3 Strategy

8.12 Toshiba Corp.

8.12.1 Overview

8.12.2 Product/Service Offering

8.12.3 Strategy

List oF Tables

TABLE 1 GLOBAL WIRELESS POWER TRANSMISSION MARKET, BY TECHNOLOGY

TABLE 2 GLOBAL WIRELESS POWER TRANSMISSION MARKET, BY RECEIVER

TABLE 3 GLOBAL WIRELESS POWER TRANSMISSION MARKET, BY TRANSMITTER

TABLE 4 GLOBAL WIRELESS POWER TRANSMISSION MARKET, BY END-USERS

TABLE 5 GLOBAL WIRELESS POWER TRANSMISSION MARKET, BY REGIONS

TABLE 6 NORTH AMERICA WIRELESS POWER TRANSMISSION MARKET, BY COUNTRY

TABLE 7 NORTH AMERICA WIRELESS POWER TRANSMISSION MARKET, BY TECHNOLOGY

TABLE 8 NORTH AMERICA WIRELESS POWER TRANSMISSION MARKET, BY RECEIVER

TABLE 9 NORTH AMERICA WIRELESS POWER TRANSMISSION MARKET, BY TRANSMITTER

TABLE 10 NORTH AMERICA WIRELESS POWER TRANSMISSION MARKET, BY END-USERS

TABLE 11 EUROPE WIRELESS POWER TRANSMISSION MARKET, BY COUNTRY

TABLE 12 EUROPE WIRELESS POWER TRANSMISSION MARKET, BY TECHNOLOGY

TABLE 13 EUROPE WIRELESS POWER TRANSMISSION MARKET, BY RECEIVER

TABLE 14 EUROPE WIRELESS POWER TRANSMISSION MARKET, BY TRANSMITTER

TABLE 15 EUROPE WIRELESS POWER TRANSMISSION MARKET, BY END-USERS

TABLE 16 ASIA-PACIFIC WIRELESS POWER TRANSMISSION MARKET, BY COUNTRY

TABLE 17 ASIA-PACIFIC WIRELESS POWER TRANSMISSION MARKET, BY TECHNOLOGY

TABLE 18 ASIA-PACIFIC WIRELESS POWER TRANSMISSION MARKET, BY RECEIVER

TABLE 19 ASIA-PACIFIC WIRELESS POWER TRANSMISSION MARKET, BY TRANSMITTER

TABLE 20 ASIA-PACIFIC WIRELESS POWER TRANSMISSION MARKET, BY END-USERS

TABLE 21 REST OF THE WORLD WIRELESS POWER TRANSMISSION MARKET, BY COUNTRY

TABLE 22 REST OF THE WORLD WIRELESS POWER TRANSMISSION MARKET, BY TECHNOLOGY

TABLE 23 REST OF THE WORLD WIRELESS POWER TRANSMISSION MARKET, BY RECEIVER

TABLE 24 REST OF THE WORLD WIRELESS POWER TRANSMISSION MARKET, BY TRANSMITTER

TABLE 25 REST OF THE WORLD WIRELESS POWER TRANSMISSION MARKET, BY END-USERS

List oF Figures

FIGURE 1 RESEARCH TYPE

FIGURE 2 GLOBAL WIRELESS POWER TRANSMISSION MARKET, BY TECHNOLOGY (%)

FIGURE 3 GLOBAL WIRELESS POWER TRANSMISSION MARKET, BY RECEIVER (%)

FIGURE 4 GLOBAL WIRELESS POWER TRANSMISSION MARKET, BY TRANSMITTER (%)

FIGURE 5 GLOBAL WIRELESS POWER TRANSMISSION MARKET, BY END-USERS (%)

FIGURE 6 GLOBAL WIRELESS POWER TRANSMISSION MARKET, BY REGIONS (%)

FIGURE 7 NORTH AMERICA WIRELESS POWER TRANSMISSION MARKET, BY COUNTRY (%)

FIGURE 8 NORTH AMERICA WIRELESS POWER TRANSMISSION MARKET, BY TECHNOLOGY (%)

FIGURE 9 NORTH AMERICA WIRELESS POWER TRANSMISSION MARKET, BY RECEIVER (%)

FIGURE 10 NORTH AMERICA WIRELESS POWER TRANSMISSION MARKET, BY TRANSMITTER (%)

FIGURE 11 NORTH AMERICA WIRELESS POWER TRANSMISSION MARKET, BY END-USERS (%)

FIGURE 12 EUROPE WIRELESS POWER TRANSMISSION MARKET, BY COUNTRY (%)

FIGURE 13 EUROPE WIRELESS POWER TRANSMISSION MARKET, BY TECHNOLOGY (%)

FIGURE 14 EUROPE WIRELESS POWER TRANSMISSION MARKET, BY RECEIVER (%)

FIGURE 15 EUROPE WIRELESS POWER TRANSMISSION MARKET, BY TRANSMITTER (%)

FIGURE 16 EUROPE WIRELESS POWER TRANSMISSION MARKET, BY END-USERS (%)

FIGURE 17 ASIA-PACIFIC WIRELESS POWER TRANSMISSION MARKET, BY COUNTRY (%)

FIGURE 18 ASIA-PACIFIC WIRELESS POWER TRANSMISSION MARKET, BY TECHNOLOGY (%)

FIGURE 19 ASIA-PACIFIC WIRELESS POWER TRANSMISSION MARKET, BY RECEIVER (%)

FIGURE 20 ASIA-PACIFIC WIRELESS POWER TRANSMISSION MARKET, BY TRANSMITTER (%)

FIGURE 21 ASIA-PACIFIC WIRELESS POWER TRANSMISSION MARKET, BY END-USERS (%)

FIGURE 22 REST OF THE WORLD WIRELESS POWER TRANSMISSION MARKET, BY COUNTRY (%)

FIGURE 23 REST OF THE WORLD WIRELESS POWER TRANSMISSION MARKET, BY TECHNOLOGY (%)

FIGURE 24 REST OF THE WORLD WIRELESS POWER TRANSMISSION MARKET, BY RECEIVER (%)

FIGURE 25 REST OF THE WORLD WIRELESS POWER TRANSMISSION MARKET, BY TRANSMITTER (%)

FIGURE 26 REST OF THE WORLD WIRELESS POWER TRANSMISSION MARKET, BY END-USERS (%)