The Global Wireless Power Transmission Market size was valued at USD 7,916 Million in 2024 and is estimated to grow at a CAGR of around 18.19% during the forecast period, i.e., 2024-30. According to MarkNtel Advisors Study.
Global Wireless Power Transmission Market Driver:
Surging Adoption of Consumer Electronics to Augment Market Growth – In recent years, the adoption of smartphones, laptops, tablets, wearable devices, and other portable electronic devices has increased, thus enhancing the demand for wireless solutions for charging due to convenience, mobility, easy accordance, and handy operations. Over the past years, smartphones have been one of the largest receiver electronic devices for wireless power transmission technology due to the inductive wireless power transmission in several smartphones. Google Nexus phones, Motorola Droid phones, and Samsung Galaxy Series are a few major smartphones that provide wireless charging abilities.
Moreover, wireless connectivity technologies are being used at the maximum rate. Consumers expect wireless services everywhere, such as digital cameras, smartphones, notebooks, and MP3 players. Furthermore, consumer’s increasing tendency to “go wireless” aids in driving the Global Wireless Power Transmission Market during the forecast period.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Wireless Power Transmission Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
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- By Type
- Devices with Battery- Market Size & Forecast 2019-2030F, USD Million
- Devices without Battery- Market Size & Forecast 2019-2030F, USD Million
- By Transmission Range
- Short- Market Size & Forecast 2019-2030F, USD Million
- Medium- Market Size & Forecast 2019-2030F, USD Million
- Long- Market Size & Forecast 2019-2030F, USD Million
- By Technology
- Near-field Technology- Market Size & Forecast 2019-2030F, USD Million
- Magnetic Resonance Technology- Market Size & Forecast 2019-2030F, USD Million
- Conductive/Capacitive Coupling- Market Size & Forecast 2019-2030F, USD Million
- Inductive Technology- Market Size & Forecast 2019-2030F, USD Million
- Far-field Technology- Market Size & Forecast 2019-2030F, USD Million
- Infrared/Laser- Market Size & Forecast 2019-2030F, USD Million
- Microwave/Radio Frequency- Market Size & Forecast 2019-2030F, USD Million
- Near-field Technology- Market Size & Forecast 2019-2030F, USD Million
- By Application
- Receiver Application- Market Size & Forecast 2019-2030F, USD Million
- Smartphones- Market Size & Forecast 2019-2030F, USD Million
- Tablets- Market Size & Forecast 2019-2030F, USD Million
- Wearable Electronics- Market Size & Forecast 2019-2030F, USD Million
- Electric Vehicle Charging- Market Size & Forecast 2019-2030F, USD Million
- Others (Consumer Electronics, Notebooks, etc.)- Market Size & Forecast 2019-2030F, USD Million
- Transmitter Application- Market Size & Forecast 2019-2030F, USD Million
- Standalone Chargers- Market Size & Forecast 2019-2030F, USD Million
- Automotive (In-vehicle Charging System)- Market Size & Forecast 2019-2030F, USD Million
- Furniture- Market Size & Forecast 2019-2030F, USD Million
- Industrial- Market Size & Forecast 2019-2030F, USD Million
- Receiver Application- Market Size & Forecast 2019-2030F, USD Million
- By Type
- By End Users
- Consumer
- Smart Home Devices
- Home Security
- Consumer Electronics
- Automotive
- Convenience (Hand-free Charging)
- Sensors
- Industrial IoT
- Supply Chain
- Factory Floor
- Security & Safety
- Others (Healthcare, Defense, etc.)
- Consumer
- By Implementation
- Aftermarket- Market Size & Forecast 2019-2030F, USD Million
- Integrated- Market Size & Forecast 2019-2030F, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Ossia Inc., Energous Corporation, Wi-Charge Ltd., Texas Instruments, Qualcomm Inc., Semtech Corporation , Humavox Ltd., Toshiba Corporation, Fulton Innovation LLC, Convenient Power HK, Energizer Holdings, Inc., Plugless Power, Murata Manufacturing Co., Ltd., Powermat Technologies Ltd., WiTricity, Others are looking forward to strengthening their market positions.
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