Wireless Power Transmission Market is Expected to Reach $6026.95 Million by 2025 | CAGR of 12.6%

Wireless Power Transmission Market is Expected to Reach $6026.95 Million by 2025 | CAGR of 12.6%

Wireless Power Transmission Market
According to report publish a new market research report on the “Wireless Power Transmission Market: Global Size, Trends, Competitive, Historical and Forecast Analysis, 2020-2025”

A recent report on Wireless Power Transmission Market provides a detailed analysis of the industry size, revenue forecasts and geographical landscape pertaining to this business space. Additionally, the report highlights primary obstacles and the latest growth trends accepted by key players that form a part of the competitive spectrum of this business.

Global Wireless Power Transmission Market is valued at USD2626.21 Million in 2018and expected to reach USD 6026.95 Million by 2025 with the CAGR of 12.6%over the forecast period.

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Wireless energy transfer is the transmission of electrical energy from a power source to an electrical load without interconnecting wires. Wireless transmission is useful in cases where interconnecting wires are inconvenient, hazardous, or impossible.There are three main systems use for wireless electricity transmission including solar cells, microwaves, and resonance.Wireless power transmission system completely reduces current high-tension power transmission cables, substations, and towers between the consumers and generating stations.Wireless power transfer is a general term for a number of different technologies for transmitting energy by means of electromagnetic fields.Wireless power uses the same fields and waves as wireless communication devices like radio, another acquainted technology that involves electrical energy transmitted without wires by electromagnetic fields, used in cellphones, radio and television broadcasting, and WiFi.

Global Wireless power transmission market report is segmented on the basis of Product type, Applicationand regional& country level. Based upon Product typeWireless power transmission market is classified intoNear-Field Technology and Far-Field Technology. Based upon ApplicationWireless power transmission market is classified into Smartphones, Electric Vehicles, Wearable Electronics, Industrial and Others.

The regions covered in this Global Wireless power transmissionmarket report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level market ofWireless power transmissionis sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Key Players for Global Wireless power transmission Market Reports–

Global Wireless power transmissionmarketReport covers prominent players are likeQualcomm, Inc., Samsung Electronics Co., Ltd., TDK Corporation, Texas Instruments, Inc., Nucurrent, Inc., Powermat Technologies, Ltd., Powerbyproxi, Ltd., Witricity Corporation, ConvenientpowerHk, Ltd., Integrated Device Technology, Leggett & Platt Inc., Murata Manufacturing Co. Ltd., Plugless Power and Others.

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News: -FEB 25, 2019

Qualcomm Announces Quick Charge for Wireless Power and Introduces Qi Interoperability

At Mobile World Congress, Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated announced Qualcomm Quick Charge technology for wireless power, bringing its years of fast charging innovation to the wireless charging industry and helping consumers to wirelessly charge their devices quickly, safely and efficiently. Characterized by fast and consistent mobile charging, the over 1,000 commercial Quick Charge technology-compatible mobile devices, accessories, and components are equipped with unique safety and intelligence features that are designed to reduce the quantity of wasted energy and warmth build-up on-device, and maximize the battery’s lifespan, ultimately protecting and improving consumer’s devices.

The growth of the wireless power transmission market is driven by the factors such asConsumer’s preference for wireless connectivity and need for effective charging systems

The growth of the Wireless power transmission Market is driven by the factors such as Consumer’s preference for wireless connectivity, need for effective charging systems. Currently, wireless connectivity technologies are being adopted at a high rate. The user wants to get rid of the wired connectivity because of its complexity. Nowadays, consumers expect vigorous wireless services universally including smartphones, notebooks, MP3 players, and digital cameras. Smartphones is the largest receiver application for wireless power transmission technology owing to the adoption of inductive wireless power transmission in various smartphones in the past years. Samsung Galaxy Series, Motorola Droid phones, and Google Nexus phones are some notable smartphones, which have wireless charging capabilities. Smartphone usage statistics predicted that 2.71 billion people in the world own a smartphone in 2019.According to Wireless Broadband Alliance, Globally, total public Wi-Fi hotspots will grow sevenfold from 2015 to 2020, from 64.2 million in 2015 to 432.5 million by 2020. Wireless charging technology has been around for more than 100 years, but its presence in devices such as Apple’s new iPhone line has given it new life.Just over 200 million wireless charging-enabled devices shipped in 2016, with almost all of them using some form of inductive (charging pad) type design. Moreover,the high cost associated with wireless power technology and lack of infrastructure associated with wireless power devices is hindering the growth of the wireless power transmission market. The growing efficiency of power transmission is expected to create an opportunity in Wireless power transmission market

North America is dominating the Wireless power transmissionMarket

North America is expected to dominate the growth of Wireless power transmission Market, due to rising need for battery powered equipment. The demand for portable devices has been increasing. High-energy pulse and a battery can make mobile devices three-fifths smaller than typical mobile device. Argonne National Laboratory estimate that 57 percent of the total value added53 of batteries used in EVs sold in theUnited States originates in the United States (26 percent of total cost, which includes rawmaterials). European market is expected to grow over the forecast period as the region being one of the early adopters of this technology and wireless power transmission is especially used in electric vehicles and wearable electronics, hence it is expected to boost the market.

Key Benefitsfor GlobalWireless power transmission MarketReports –

Global market report covers in depth historical and forecast analysis.

Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.

Global market report helps to identify opportunities in market place.

Global market report covers extensive analysis of emerging trends and competitive landscape.

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Global Wireless power transmission market Segmentation –

By Products type
Near-Field Technology
Far-Field Technology

By Application
Electric Vehicles
Wearable Electronics

ByRegional & Country Analysis (North America, U.S., Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, Latin America, Brazil, Mexico, Middle East and Africa, GCC, Africa, Rest of Middle East and Africa)

Table of Content

1 Study Coverage
1.1 Wireless Power Transmission Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Executive Summary
2.1 Global Wireless Power Transmission Market Size
2.2 Wireless Power Transmission Growth Rate (CAGR) 2020-2025
2.3 Analysis of Competitive Landscape
2.4 Key Trends for Wireless Power Transmission Markets & Products

3 Market Size by Manufacturers
3.1 Wireless Power Transmission Production by Manufacturers
3.2 Wireless Power Transmission Revenue by Manufacturers
3.3 Wireless Power Transmission Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans

4 Wireless Power Transmission Production by Regions
4.1 Global Wireless Power Transmission Production by Regions
4.2 North America
4.3 Europe
4.4 China
4.5 Japan

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