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Wireless Power Transmission Market By Range (Medium, Long), By Technology (Near-Field, Far Field), By Application (Consumer Electronics, Industrial Applications, Automotive, Defense) – Growth, Future Prospects and Competitive Analysis, 2019 – 2027

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The increasing use of wireless electronic appliances is fueling the growth of the wireless power transmission market.

Globally, the wireless power transmission market is expected to grow with a CAGR of more than 15.5% during the forecast period from 2019 to 2027, starting from US$4.8 Bn in 2018.

Wireless power transmission is a way to transfer power without the use of wires and connect areas where people are unable to get a suitable power source. This technique is highly based on technologies using time-varying electric, magnetic, or electromagnetic fields. With the help of wireless power transmission technology, the use of electric wire made of copper and aluminum is reduced.

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This technology is highly beneficial in cases where interconnecting wires is difficult and hazardous. Factors such as changing consumer preference towards wireless connectivity, increasing demand for more effective charging devices, and features including efficiency, reliability, fast charging, and low maintenance costs are primarily driving the growth of the wireless power transmission market.

Furthermore, rapid growth in the consumer electronics market and awareness about battery technology is also fueling the growth of this market. Moreover, low maintenance costs, the growing need for faster charging, high demand for battery-operated devices, and the surge in the application of drones, solar-powered satellites, and sensors are other major factors expected to boost the wireless power transmission market during the forecast period.

However, the rising cost of wireless power technology, the lack of infrastructure associated with wireless power devices, the high initial cost of investment, government regulations, and issues associated with wireless power devices are some factors that can hinder the market’s growth during the forecast period.

Market Synopsis

 

The consumer electronics segment is expected to dominate the end-user segment of the wireless power transmission market.

Based on application, the consumer electronics segment dominated the market, holding a huge chunk of the global market. The tremendous growth in the consumer electronics market in major developed and developing countries is primarily driving the wireless power transmission industry.

In consumer electronics, wireless power transmission technology is used to charge portable devices, such as tablets, smartphones, and wearable devices. The demand for consumer electronics is rapidly increasing due to changing lifestyle choices and the growing spending capabilities of people. Moreover, technological advancements in this segment now propel the growth of wireless power transmission technology during the forecast period.

Asia-Pacific to dominate the wireless power transmission market.

Asia-Pacific dominates the wireless power transmission market with a share of nearly 40% of the total revenue generated worldwide. Asia-Pacific is a base for manufacturing various electronic products such as tablets, smartphones, laptops, and wearable consumer electronics. As the manufacturing and labor costs are low in this region, most of the consumer electronic products are developed here. The huge population base and rapid growth in urbanization in this region have led to significant demand for electronic devices. Moreover, penetration of the internet has also enhanced the utilization of electronic appliances such as smartphones, laptops, iPads, and so on.

The presence of a large number of consumer electronics companies in India, Japan, South Korea, and China is contributing to the large market size of the APAC region in the global wireless power transmission market. North America and Europe also witnessed significant growth in the global wireless power transmission market during the forecast period.

Some of the prominent players operating in the wireless power transmission market include Samsung Electronics Co., Ltd., Qualcomm Technologies, Inc., LG Electronics Inc., Murata Manufacturing Co., Ltd., WiTricity Corporation, Wi-Charge, uBeam, Inc., Texas Instruments Inc., Fulton Innovation LLC, Energous Corporation, Humavox Ltd., Ossia, Inc., and Koninklijke Philips N.V.

Historical and Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The wireless power transmission market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global wireless power transmission market based on components, technology, deployment model, application, and geography. Key segments covered in the report are as follows:

Key questions are answered in this report.

  • What was the market size of wireless power transmission in 2018 and the forecast up to 2027?
  • Which is the largest regional market for the consumer electronics segment?
  • What are the major trends followed in the wireless power transmission market across different regions?
  • Who are the key wireless power transmission companies leading the market?
  • What are the key strategies adopted by the leading wireless power transmission companies on the market?

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Unique data points of this report

  • Statistics on wireless power transmission penetration and spending worldwide
  • Recent trends across different regions in terms of the adoption of wireless power transmission for various applications in various industries
  • Notable developments are going on in the wireless power transmission industry.
  • Attractive investment propositions for segments as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II-Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global WPT Market
2.2 Global WPT Market, By Range, 2018 (US$ Bn)
2.3 Global WPT Market, By Technology Protocol, 2018 (US$ Bn)
2.4 Global WPT Market, By Application, 2018 (US$ Bn)
2.5 Global WPT Market, By Geography, 2018 (US$ Bn)

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global WPT Market Value, 2017 – 2027, (US$ Bn)
3.2 Market Drivers
3.3 Market Growth Inhibitors
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends
3.5 Attractive Investment Proposition, by Geography, 2018
3.6 Competitive Analysis
3.6.1 Market Positioning of Key WPT Vendors, 2018
3.6.2 Key Strategies Adopted by the Leading Players

Chapter 4 Global Wireless Power Transmission (WPT) Market Analysis, by Range, 2017 – 2027 (US$ Bn)
4.1 Overview
4.2 Medium Range
4.3 Short Range

Chapter 5 Global Wireless Power Transmission (WPT) Market Analysis, by Technology Protocol, 2017 – 2027 (US$ Bn)
5.1 Overview
5.2 Near-Field Technology
5.2.1 Inductive
5.2.2 Magnetic Resonance
5.2.3 Capacitive Coupling/Conductive
5.3 Far-Field Technology
5.4 Far-Field Technology
5.4.1 Laser/Infrared

Chapter 6 Global Wireless Power Transmission (WPT) Market Analysis, by Application, 2017 – 2027 (US$ Bn)
6.1 Overview
6.2 Consumer Electronics
6.3 Industrial
6.4 Automotive
6.5 Defense
6.6 Others

Chapter 7 North America Wireless Power Transmission (WPT) Market Analysis, 2017 – 2027 (US$ Bn)
7.1 Overview
7.2 North America WPT Market Analysis, By Range, 2017 – 2027
7.2.1 Market Analysis
7.3 North America WPT Market Analysis, By Technology Protocol, 2017 – 2027
7.3.1 Market Analysis
7.4 North America WPT Market Analysis, By Application, 2017 – 2027
7.4.1 Market Analysis
7.5 North America WPT Market Analysis, By Region/Country, 2017 – 2027
7.5.1 U.S.
7.5.1.1 U.S. WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
7.5.1.2 U.S. WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
7.5.1.3 U.S. WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
7.5.2 Rest of North America
7.5.2.1 Rest of North America WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
7.5.2.2 Rest of North America WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
7.5.2.3 Rest of North America WPT Market Value, By Application, 2017 – 2027 (US$ Bn)

Chapter 8 Europe Wireless Power Transmission (WPT) Market Analysis, 2017 – 2027 (US$ Bn)
8.1 Overview
8.2 Europe WPT Market Analysis, By Range, 2017 – 2027
8.2.1 Market Analysis
8.3 Europe WPT Market Analysis, By Technology Protocol, 2017 – 2027
8.3.1 Market Analysis
8.4 Europe WPT Market Analysis, By Application, 2017 – 2027
8.4.1 Market Analysis
8.5 Europe WPT Market Analysis, By Region/Country, 2017 – 2027
8.5.1 U.K.
8.5.1.1 U.K. WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
8.5.1.2 U.K. WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
8.5.1.3 U.K. WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
8.5.2 Germany
8.5.2.1 Germany WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
8.5.2.2 Germany WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
8.5.2.3 Germany WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
8.5.3 France
8.5.3.1 France WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
8.5.3.2 France WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
8.5.3.3 France WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
8.5.4 Rest of Europe
8.5.4.1 Rest of Europe WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
8.5.4.2 Rest of Europe WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
8.5.4.3 Rest of Europe WPT Market Value, By Application, 2017 – 2027 (US$ Bn)

Chapter 9 Asia Pacific Wireless Power Transmission (WPT) Market Analysis, 2017 – 2027 (US$ Bn)
9.1 Overview
9.2 Asia Pacific WPT Market Analysis, By Range, 2017 – 2027
9.2.1 Market Analysis
9.3 Asia Pacific WPT Market Analysis, By Technology Protocol, 2017 – 2027
9.3.1 Market Analysis
9.4 Asia Pacific WPT Market Analysis, By Application, 2017 – 2027
9.4.1 Market Analysis
9.5 Asia Pacific WPT Market Analysis, By Region/Country, 2017 – 2027
9.5.1 China
9.5.1.1 China WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
9.5.1.2 China WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
9.5.1.3 China WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
9.5.2 Japan
9.5.2.1 Japan WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
9.5.2.2 Japan WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
9.5.2.3 Japan WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
9.5.3 India
9.5.3.1 India WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
9.5.3.2 India WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
9.5.3.3 India WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
9.5.4 Rest of Asia Pacific
9.5.4.1 Rest of Asia Pacific WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
9.5.4.2 Rest of Asia Pacific WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
9.5.4.3 Rest of Asia Pacific WPT Market Value, By Application, 2017 – 2027 (US$ Bn)

Chapter 10 Rest of the World (RoW) Wireless Power Transmission (WPT) Market Analysis, 2017 – 2027 (US$ Bn)
10.1 Overview
10.2 RoW WPT Market Analysis, By Range, 2017 – 2027
10.2.1 Market Analysis
10.3 RoW WPT Market Analysis, By Technology Protocol, 2017 – 2027
10.3.1 Market Analysis
10.4 RoW WPT Market Analysis, By Application, 2017 – 2027
10.4.1 Market Analysis
10.5 RoW WPT Market Analysis, By Region/Country, 2017 – 2027
10.5.1 Middle East & Africa (MEA)
10.5.1.1 MEA WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
10.5.1.2 MEA WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
10.5.1.3 MEA WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
10.5.2 Latin America
10.5.2.1 Latin America WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
10.5.2.2 Latin America WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
10.5.2.3 Latin America WPT Market Value, By Application, 2017 – 2027 (US$ Bn)

Chapter 11 Company Profiles
11.1 LG Electronics Inc.
11.2 Samsung Electronics Co., Ltd.
11.3 Qualcomm Technologies, Inc.
11.4 Texas Instruments Inc.
11.5 Murata Manufacturing Co., Ltd.
11.6 Energous Corporation
11.7 WiTricity Corporation
11.8 Wi-Charge
11.9 Ossia, Inc.
11.10 uBeam, Inc.
11.11 Fulton Innovation LLC
11.12 Humavox Ltd.
11.13 Koninklijke Philips N.V.

* Here we are using WPT as a short form of Wireless Power Transmission

List of Figures

FIG. 1 Global Wireless Power Transmission (WPT): Market Segmentation
FIG. 2 Global WPT Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global WPT Market, By Range, 2018 (US$ Bn)
FIG. 5 Global WPT Market, By Technology Protocol, 2018 (US$ Bn)
FIG. 6 Global WPT Market, By Application, 2018 (US$ Bn)
FIG. 7 Global WPT Market, By Geography, 2018 (US$ Bn)
FIG. 8 Global WPT Market Value, 2017 – 2027, (US$ Bn)
FIG. 9 Attractive Investment Proposition, by Geography, 2018
FIG. 10 Market Positioning of Key WPT Vendors, 2018
FIG. 11 Global WPT Market Value Contribution, By Range, 2018 & 2027 (%)
FIG. 12 Global Medium Range Market Value, 2017 – 2027, (US$ Bn)
FIG. 13 Global Short Range Market Value, 2017 – 2027, (US$ Bn)
FIG. 14 Global WPT Market Value Contribution, By Technology Protocol, 2018 & 2027 (%)
FIG. 15 Global Near-Field Technology Market Value, 2017 – 2027, (US$ Bn)
FIG. 16 Global Inductive Market Value, 2017 – 2027, (US$ Bn)
FIG. 17 Global Magnetic Resonance Market Value, 2017 – 2027, (US$ Bn)
FIG. 18 Global Capacitive Coupling/Conductive Market Value, 2017 – 2027, (US$ Bn)
FIG. 19 Global Far-Field Technology Market Value, 2017 – 2027, (US$ Bn)
FIG. 20 Global Far-Field Technology Market Value, 2017 – 2027, (US$ Bn)
FIG. 21 Global Laser/Infrared Market Value, 2017 – 2027, (US$ Bn)
FIG. 22 Global WPT Market Value Contribution, By Application, 2018 & 2027 (%)
FIG. 23 Global WPT Market Value from Consumer Electronics, 2017 – 2027 (US$ Bn)
FIG. 24 Global WPT Market Value from Industrial, 2017 – 2027 (US$ Bn)
FIG. 25 Global WPT Market Value from Automotive, 2017 – 2027 (US$ Bn)
FIG. 26 Global WPT Market Value from Defense, 2017 – 2027 (US$ Bn)
FIG. 27 Global WPT Market Value from Others, 2017 – 2027 (US$ Bn)
FIG. 28 North America WPT Market Value, 2017 – 2027, (US$ Bn)
FIG. 29 Europe WPT Market Value, 2017 – 2027, (US$ Bn)
FIG. 30 Asia Pacific WPT Market Value, 2017 – 2027, (US$ Bn)
FIG. 31 RoW WPT Market Value, 2017 – 2027, (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Wireless Power Transmission (WPT) Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
TABLE 5 North America WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
TABLE 6 North America WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 7 North America WPT Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
TABLE 8 U.S. WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
TABLE 9 U.S. WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
TABLE 10 U.S. WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 11 Rest of North America WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
TABLE 12 Rest of North America WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
TABLE 13 Rest of North America WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 14 Europe WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
TABLE 15 Europe WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
TABLE 16 Europe WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 17 Europe WPT Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
TABLE 18 U.K. WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
TABLE 19 U.K. WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
TABLE 20 U.K. WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 21 Germany WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
TABLE 22 Germany WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
TABLE 23 Germany WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 24 France WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
TABLE 25 France WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
TABLE 26 France WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 27 Rest of Europe WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
TABLE 28 Rest of Europe WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
TABLE 29 Rest of Europe WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 30 Asia Pacific WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
TABLE 31 Asia Pacific WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
TABLE 32 Asia Pacific WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 33 Asia Pacific WPT Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
TABLE 34 China WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
TABLE 35 China WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
TABLE 36 China WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 37 Japan WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
TABLE 38 Japan WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
TABLE 39 Japan WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 40 India WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
TABLE 41 India WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
TABLE 42 India WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 43 Rest of Asia Pacific WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
TABLE 44 Rest of Asia Pacific WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
TABLE 45 Rest of Asia Pacific WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 46 RoW WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
TABLE 47 RoW WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
TABLE 48 RoW WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 49 RoW WPT Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
TABLE 50 MEA WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
TABLE 51 MEA WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
TABLE 52 MEA WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 53 Latin America WPT Market Value, By Range, 2017 – 2027 (US$ Bn)
TABLE 54 Latin America WPT Market Value, By Technology Protocol, 2017 – 2027 (US$ Bn)
TABLE 55 Latin America WPT Market Value, By Application, 2017 – 2027 (US$ Bn)
TABLE 56 LG Electronics Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 57 Samsung Electronics Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 58 Qualcomm Technologies, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 59 Texas Instruments Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 60 Murata Manufacturing Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 61 Energous Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 62 WiTricity Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 63 Wi-Charge: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 64 Ossia, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 65 uBeam, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 66 Fulton Innovation LLC: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 67 Humavox Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 68 Koninklijke Philips N.V. : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

Frequently Asked Question:

What is the size of Wireless Power Transmission Market?

The market for Wireless Power Transmission Market is expected to reach USD$ 4.8 Bn in 2027.

What is the Wireless Power Transmission Market CAGR?

The Wireless Power Transmission Market is expected to see significant CAGR growth over the coming years, at 15.5%

What is the Forecast period considered for Wireless Power Transmission Market?

The report is forecasted from 2019 -2027.

What is the base year considered for Wireless Power Transmission Market?

The base year of this report is 2018

Who are the major players in this market?

Qualcomm Technologies, Inc., LG Electronics Inc., Murata Manufacturing Co., Ltd., WiTricity Corporation. are some of the major players in the global market.

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