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Press Release:

Global Wireless Power Transmission Market to Reach US$ 53 Billion in 2027, Impelled by Rising Adoption of Electric Vehicles (EVs)

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Wireless Power Transmission Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global wireless power transmission market reached a value of US$ 10.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 53 Billion by 2027, exhibiting at a CAGR of 30.5% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Wireless power transmission (WPT) refers to the technology of transferring electrical energy from a power source to a device without using interconnecting wires. It primarily uses microwaves, solar cells and magnetic resonance to transfer the energy through a set of transmitter and receiver coils. This technology is commonly used for recharging mobile phones, tablets, cars, drones, transportation equipment and solar-panel arrays in space. It offers enhanced reliability, mobility and convenience while eliminating the use of wires and batteries. Owing to this, it finds extensive applications across various industries, including consumer electronics, automotive, robotics, heating and ventilation and industrial engineering.

 

 
 

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Rapid industrialization, along with the increasing demand for consumer electronics across the globe, is one of the key factors driving the growth of the market. There is widespread adoption of WPT technologies among consumers as an effective alternative to wired charging systems for smartphones, laptops, portable MP3 players and digital cameras. This, along with the increasing utilization of the technology for operating robots and drones, is also providing a boost to the market growth. The market is further driven by the rising need for effective charging systems. For instance, electric vehicles (EVs) equipped with in-motion (dynamic) and inductive WPT charging systems can function on smaller batteries, thereby minimizing the overall cost of operation and carbon emissions into the environment. Other factors, such as the increasing requirement for efficient and reliable power distribution systems and the adoption of WPT-based smart grids, which have enhanced the utilization of WPT systems in smart meters, appliances and other equipment, are projected to drive the market further. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global wireless power transmission market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, technology, implementation, receiver application and end-use industry.

Breakup by Type:

 

 
 

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  • Devices With Battery
  • Devices Without Battery
     

Breakup by Technology:

  • Near-Field Technology
    • Inductive
    • Magnetic Resonance
    • Capacitive Coupling/Conductive
  • Far-Field Technology
    • Microwave/RF
    • Laser/Infrared
       

Breakup by Implementation:

  • Aftermarket
  • Integrated
     

Breakup by Receiver Application:

  • Smartphones
  • Tablets
  • Wearable Electronics
  • Notebooks
  • Electric Vehicles
  • Robots
  • Others
     

Breakup by End-Use Industry:

  • Consumer Electronics
  • Automotive
  • Healthcare
  • Defense
  • Power Generation
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa


Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Energous Corporation, Humavox Ltd., Integrated Device Technology Inc. (Renesas Electronics Corporation), Leggett & Platt, Murata Manufacturing Co. Ltd., NuCurrent Inc., MothersonOssia, Qualcomm Incorporated, Samsung Electronics, TDK Corporation, Texas Instruments, Wi-Charge Ltd., WiTricity Corporation, etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Technology, Implementation, Receiver Application, End-Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Energous Corporation, Humavox Ltd., Integrated Device Technology Inc. (Renesas Electronics Corporation), Leggett & Platt, Murata Manufacturing Co. Ltd., NuCurrent Inc., MothersonOssia, Qualcomm Incorporated, Samsung Electronics, TDK Corporation, Texas Instruments, Wi-Charge Ltd. and WiTricity Corporation
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: 2499
Five User License: 3499
Corporate License: 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global wireless power transmission market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What has been the impact of COVID-19 on the global wireless power transmission market?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the implementation?
  • What is the breakup of the market based on the receiver application?
  • What is the breakup of the market based on the end-use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global wireless power transmission market and who are the key players?
  • What is the degree of competition in the industry?

1   Preface
2   Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Wireless Power Transmission Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Type 
    6.1    Devices with Battery
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Devices Without Battery
        6.2.1 Market Trends
        6.2.2 Market Forecast
7   Market Breakup by Technology
    7.1    Near-Field Technology
        7.1.1 Market Trends
        7.1.2 Major Types
          7.1.2.1 Inductive
          7.1.2.2 Magnetic Resonance
          7.1.2.3 Capacitive Coupling/Conductive
        7.1.3 Market Forecast
    7.2    Far-Field Technology
        7.2.1 Market Trends
        7.2.2 Major Types
          7.2.2.1 Microwave/RF
          7.2.2.2 Laser/Infrared
        7.2.3 Market Forecast
8   Market Breakup by Implementation
    8.1    Aftermarket
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Integrated
        8.2.1 Market Trends
        8.2.2 Market Forecast
9   Market Breakup by Receiver Application
    9.1    Smartphones
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Tablets
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Wearable Electronics
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Notebooks
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Electric Vehicles
        9.5.1 Market Trends
        9.5.2 Market Forecast
    9.6    Robots
        9.6.1 Market Trends
        9.6.2 Market Forecast
    9.7    Others
        9.7.1 Market Trends
        9.7.2 Market Forecast
10  Market Breakup by End-Use Industry
    10.1    Consumer Electronics
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Automotive
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    Healthcare
        10.3.1 Market Trends
        10.3.2 Market Forecast
    10.4    Defense
        10.4.1 Market Trends
        10.4.2 Market Forecast
    10.5    Power Generation
        10.5.1 Market Trends
        10.5.2 Market Forecast
    10.6    Others
        10.6.1 Market Trends
        10.6.2 Market Forecast
11  Market Breakup by Region
    11.1    North America
        11.1.1 United States
           11.1.1.1 Market Trends
           11.1.1.2 Market Forecast
        11.1.2 Canada
           11.1.2.1 Market Trends
           11.1.2.2 Market Forecast
    11.2    Asia Pacific
        11.2.1 China
           11.2.1.1 Market Trends
           11.2.1.2 Market Forecast
        11.2.2 Japan
           11.2.2.1 Market Trends
           11.2.2.2 Market Forecast
        11.2.3 India
           11.2.3.1 Market Trends
           11.2.3.2 Market Forecast
        11.2.4 South Korea
           11.2.4.1 Market Trends
           11.2.4.2 Market Forecast
        11.2.5 Australia
           11.2.5.1 Market Trends
           11.2.5.2 Market Forecast
        11.2.6 Indonesia
           11.2.6.1 Market Trends
           11.2.6.2 Market Forecast
        11.2.7 Others
           11.2.7.1 Market Trends
           11.2.7.2 Market Forecast
    11.3    Europe
        11.3.1 Germany
           11.3.1.1 Market Trends
           11.3.1.2 Market Forecast
        11.3.2 France
           11.3.2.1 Market Trends
           11.3.2.2 Market Forecast
        11.3.3 United Kingdom
           11.3.3.1 Market Trends
           11.3.3.2 Market Forecast
        11.3.4 Italy
           11.3.4.1 Market Trends
           11.3.4.2 Market Forecast
        11.3.5 Spain
           11.3.5.1 Market Trends
           11.3.5.2 Market Forecast
        11.3.6 Russia
           11.3.6.1 Market Trends
           11.3.6.2 Market Forecast
        11.3.7 Others
           11.3.7.1 Market Trends
           11.3.7.2 Market Forecast
    11.4    Latin America
        11.4.1 Brazil
           11.4.1.1 Market Trends
           11.4.1.2 Market Forecast
        11.4.2 Mexico
           11.4.2.1 Market Trends
           11.4.2.2 Market Forecast
        11.4.3 Others
           11.4.3.1 Market Trends
           11.4.3.2 Market Forecast
    11.5    Middle East and Africa
        11.5.1 Market Trends
        11.5.2 Market Breakup by Country
        11.5.3 Market Forecast
12  SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13  Value Chain Analysis
14  Porters Five Forces Analysis
    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15  Price Indicators
16  Competitive Landscape
    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    Energous Corporation
           16.3.1.1 Company Overview
           16.3.1.2 Product Portfolio 
           16.3.1.3 Financials
        16.3.2    Humavox Ltd.
           16.3.2.1 Company Overview
           16.3.2.2 Product Portfolio
        16.3.3    Integrated Device Technology Inc. (Renesas Electronics Corporation)
           16.3.3.1 Company Overview
           16.3.3.2 Product Portfolio 
        16.3.4    Leggett & Platt
           16.3.4.1 Company Overview
           16.3.4.2 Product Portfolio 
           16.3.4.3 Financials 
           16.3.4.4 SWOT Analysis
        16.3.5    Murata Manufacturing Co. Ltd.
           16.3.5.1 Company Overview
           16.3.5.2 Product Portfolio 
           16.3.5.3 Financials 
           16.3.5.4 SWOT Analysis
        16.3.6    NuCurrent Inc.
           16.3.6.1 Company Overview
           16.3.6.2 Product Portfolio
        16.3.7    MothersonOssia
           16.3.7.1 Company Overview
           16.3.7.2 Product Portfolio 
        16.3.8    Qualcomm Incorporated
           16.3.8.1 Company Overview
           16.3.8.2 Product Portfolio
           16.3.8.3 Financials 
           16.3.8.4 SWOT Analysis
        16.3.9    Samsung Electronics
           16.3.9.1 Company Overview
           16.3.9.2 Product Portfolio 
        16.3.10    TDK Corporation
           16.3.10.1 Company Overview
           16.3.10.2 Product Portfolio 
           16.3.10.3 Financials 
           16.3.10.4 SWOT Analysis
        16.3.11    Texas Instruments
           16.3.11.1 Company Overview
           16.3.11.2 Product Portfolio 
           16.3.11.3 Financials 
           16.3.11.4 SWOT Analysis
        16.3.12    Wi-Charge Ltd.
           16.3.12.1 Company Overview
           16.3.12.2 Product Portfolio 
        16.3.13    WiTricity Corporation
           16.3.13.1 Company Overview
           16.3.13.2 Product Portfolio 

List of Figures

Figure 1: Global: Wireless Power Transmission Market: Major Drivers and Challenges
Figure 2: Global: Wireless Power Transmission Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Wireless Power Transmission Market: Breakup by Type (in %), 2021
Figure 4: Global: Wireless Power Transmission Market: Breakup by Technology (in %), 2021
Figure 5: Global: Wireless Power Transmission Market: Breakup by Implementation (in %), 2021
Figure 6: Global: Wireless Power Transmission Market: Breakup by Receiver Application (in %), 2021
Figure 7: Global: Wireless Power Transmission Market: Breakup by End-Use Industry (in %), 2021
Figure 8: Global: Wireless Power Transmission Market: Breakup by Region (in %), 2021
Figure 9: Global: Wireless Power Transmission Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 10: Global: Wireless Power Transmission (Devices with Battery) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Wireless Power Transmission (Devices with Battery) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Wireless Power Transmission (Devices Without Battery) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Wireless Power Transmission (Devices Without Battery) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Wireless Power Transmission (Near-Field Technology) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Wireless Power Transmission (Near-Field Technology) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Wireless Power Transmission (Far-Field Technology) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Wireless Power Transmission (Far-Field Technology) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Wireless Power Transmission (Aftermarket) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Wireless Power Transmission (Aftermarket) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Wireless Power Transmission (Integrated) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Wireless Power Transmission (Integrated) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Wireless Power Transmission (Smartphones) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Wireless Power Transmission (Smartphones) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Wireless Power Transmission (Tablets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Wireless Power Transmission (Tablets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Wireless Power Transmission (Wearable Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Wireless Power Transmission (Wearable Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Wireless Power Transmission (Notebooks) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Wireless Power Transmission (Notebooks) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Wireless Power Transmission (Electric Vehicles) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Wireless Power Transmission (Electric Vehicles) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Wireless Power Transmission (Robots) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Wireless Power Transmission (Robots) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Wireless Power Transmission (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Wireless Power Transmission (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Wireless Power Transmission (Consumer Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Wireless Power Transmission (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Wireless Power Transmission (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Wireless Power Transmission (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Wireless Power Transmission (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Wireless Power Transmission (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Global: Wireless Power Transmission (Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Global: Wireless Power Transmission (Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Global: Wireless Power Transmission (Power Generation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Global: Wireless Power Transmission (Power Generation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Global: Wireless Power Transmission (Others) Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Global: Wireless Power Transmission (Others) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: North America: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: North America: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: United States: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: United States: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Canada: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Canada: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Asia Pacific: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Asia Pacific: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: China: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: China: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Japan: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Japan: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: India: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: India: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: South Korea: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: South Korea: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Australia: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Australia: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Indonesia: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Indonesia: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Others: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Others: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Europe: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Europe: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Germany: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Germany: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: France: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: France: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: United Kingdom: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: United Kingdom: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Italy: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Italy: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Spain: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Spain: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Russia: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Russia: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Others: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Others: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Latin America: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Latin America: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Brazil: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 89: Brazil: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 90: Mexico: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 91: Mexico: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 92: Others: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 93: Others: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 94: Middle East and Africa: Wireless Power Transmission Market: Sales Value (in Million US$), 2016 & 2021
Figure 95: Middle East and Africa: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 96: Global: Wireless Power Transmission Industry: SWOT Analysis
Figure 97: Global: Wireless Power Transmission Industry: Value Chain Analysis
Figure 98: Global: Wireless Power Transmission Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Wireless Power Transmission Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Wireless Power Transmission Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Wireless Power Transmission Market Forecast: Breakup by Technology (in Million US$), 2022-2027
Table 4: Global: Wireless Power Transmission Market Forecast: Breakup by Implementation (in Million US$), 2022-2027
Table 5: Global: Wireless Power Transmission Market Forecast: Breakup by Receiver Application (in Million US$), 2022-2027
Table 6: Global: Wireless Power Transmission Market Forecast: Breakup by End-Use Industry (in Million US$), 2022-2027
Table 7: Global: Wireless Power Transmission Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: Global: Wireless Power Transmission Market Structure
Table 9: Global: Wireless Power Transmission Market: Key Players


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Key Questions Answered in This Report

The global wireless power transmission market was valued at US$ 10.6 Billion in 2021

We expect the global wireless power transmission market to exhibit a CAGR of 30.5% during 2022-2027.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous end use industries for wireless power transmission.

The rising demand for smart devices, along with the increasing adoption of wireless power transmission technologies over wired charging systems for diverse electronic devices, is primarily driving the global wireless power transmission market.

Based on the type, the global wireless power transmission market can be segmented into devices with battery and devices without battery. Currently, devices with battery hold the majority of the total market share.

Based on the technology, the global wireless power transmission market has been divided into near-field technology and far-field technology, where near-field technology currently exhibits a clear dominance in the market.

Based on the implementation, the global wireless power transmission market can be categorized into aftermarket and integrated. Currently, aftermarket accounts for the majority of the global market share.

Based on the receiver application, the global wireless power transmission market has been segregated into smartphones, tablets, wearable electronics, notebooks, electric vehicles, robots, and others. Among these, smartphones currently hold the largest market share.

Based on the end-use industry, the global wireless power transmission market can be bifurcated into consumer electronics, automotive, healthcare, defense, power generation, and others. Currently, the consumer electronics industry exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where Asia Pacific currently dominates the global market.

Some of the major players in the global wireless power transmission market include Energous Corporation, Humavox Ltd., Integrated Device Technology Inc. (Renesas Electronics Corporation), Leggett & Platt, Murata Manufacturing Co. Ltd., NuCurrent Inc., MothersonOssia, Qualcomm Incorporated, Samsung Electronics, TDK Corporation, Texas Instruments, Wi-Charge Ltd., WiTricity Corporation, etc.

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