Wireless Power Transmission Market Share, Size, Report - By Type (Devices with Battery, Devices without Battery), By Transmission Range (Short, Medium, Long), By Technology (Near-field Technology (Ma... ... field Technology (Magnetic Resonance Technology, Conductive/Capacitive Coupling, Inductive Technology), (Far-field Technology, (Infrared/Laser, Microwave/Radio Frequency)), By Application (Receiver Application, (Smartphones, Tablets, Wearable Electronics, Electric Vehicle Charging, Others (Consumer Electronics, Notebooks, etc.)), (Transmitter Application, (Standalone Chargers, Automotive (In-vehicle Charging System), Furniture, Industrial)), 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.)), By Implementation (Aftermarket, Integrated) Read more
- Energy
- Nov 2023
- 198
- PDF, Excel, PPT
Market Definition
Wireless Transmission technology refers to power transmission with no wired connectivity in a system, where the source of power allows the transmission of electromagnetic energy & eliminates the need for batteries and wires. This power transmission offers a fast speed and can be used over remote locations. It also offers convenience, mobility, enhanced reliability, and less loss of energy as compared to traditional methods for energy transfer.
Market Insights & Analysis: Global Wireless Power Transmission Market (2024-30)
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. The market is swiftly driven by the growing consumer in the electronics sector for smartphones, laptops, tablets, wireless chargers, and other electronic devices. It has the ability to transmit power both short & long distances. The latest technology of wireless power is being used over conventional energy-transferring methods, acting as a promoter for the market.
Wireless power transmission has gained significant traction due to its advantages, such as enhanced mobility, convenience, and reliability while eliminating the reliance on batteries & wires. Its applications span across diverse industries like automotive, heating & ventilation, consumer electronics, and industrial engineering. This technology not only enhances mobility & convenience but also eradicates the necessity for wires & batteries. With a rise in disposable income, individuals are more inclined to invest in cutting-edge technology-driven devices such as entertainment gadgets, smartphones, and laptops, thus driving the demand for wireless power transmission systems & facilitating market expansion.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2019-22 |
| Base Year: 2023 | |
| Forecast Period: 2024-30 | |
| CAGR (2024-2030) | 18.19% |
| Regions Covered | North America: US, Canada, Mexico |
| Europe: Germany, The UK, France, Italy, Russia, Rest of Europe | |
| Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific | |
| South America: Brazil, Argentina | |
| Middle East & Africa: South Africa, Rest of MEA | |
| Key Companies Profiled | 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 |
| Market Value in 2024 | USD 7,916 Million |
Additionally, the growing need for more dependable & efficient energy distribution systems is prompting electric grid operators to explore solutions like smart grids, comprising smart meters, appliances, and renewable resources. These advancements aid in the more effective management of energy resources, consequently amplifying the demand for wireless power transmission systems and propelling industry growth in the projected period. Moreover, the automotive industry's increasing emphasis on integrating this technology for electric vehicle charging would also compel the demand graph.
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Global Wireless Power Transmission Market Trends & Insights
- Global Wireless Power Transmission Market Dynamics
- Drivers
- Challenges
- Global Wireless Power Transmission Market Hotspot & Opportunities
- Global Wireless Power Transmission Market Policies, Regulations, Product Standards
- Global Wireless Power Transmission Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- 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
- By Competition
- Market Share of Top Companies
- Competition Characteristics
- Market Size & Analysis
- North America Wireless Power Transmission Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030F, USD Million
- By Transmission Range- Market Size & Forecast 2019-2030F, USD Million
- By Technology- Market Size & Forecast 2019-2030F, USD Million
- By Application- Market Size & Forecast 2019-2030F, USD Million
- By End Users- Market Size & Forecast 2019-2030F, USD Million
- By Implementation- Market Size & Forecast 2019-2030F, USD Million
- By Country
- The US
- Canada
- Mexico
- The US Wireless Power Transmission Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030F, USD Million
- By Application- Market Size & Forecast 2019-2030F, USD Million
- Market Size & Analysis
- Canada Wireless Power Transmission Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030F, USD Million
- By Application- Market Size & Forecast 2019-2030F, USD Million
- Market Size & Analysis
- Mexico Wireless Power Transmission Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030F, USD Million
- By Application- Market Size & Forecast 2019-2030F, USD Million
- Market Size & Analysis
- Market Size & Analysis
- South America Wireless Power Transmission Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030F, USD Million
- By Transmission Range- Market Size & Forecast 2019-2030F, USD Million
- By Technology- Market Size & Forecast 2019-2030F, USD Million
- By Application- Market Size & Forecast 2019-2030F, USD Million
- By End Users- Market Size & Forecast 2019-2030F, USD Million
- By Implementation- Market Size & Forecast 2019-2030F, USD Million
- By Country
- Brazil
- Argentina
- Brazil Wireless Power Transmission Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030F, USD Million
- By Application- Market Size & Forecast 2019-2030F, USD Million
- Market Size & Analysis
- Argentina Wireless Power Transmission Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030F, USD Million
- By Application- Market Size & Forecast 2019-2030F, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Europe Wireless Power Transmission Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030F, USD Million
- By Transmission Range- Market Size & Forecast 2019-2030F, USD Million
- By Technology- Market Size & Forecast 2019-2030F, USD Million
- By Application- Market Size & Forecast 2019-2030F, USD Million
- By End Users- Market Size & Forecast 2019-2030F, USD Million
- By Implementation- Market Size & Forecast 2019-2030F, USD Million
- By Country
- Germany
- The UK
- France
- Italy
- Russia
- Rest of Europe
- Germany Wireless Power Transmission Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030F, USD Million
- By Application- Market Size & Forecast 2019-2030F, USD Million
- Market Size & Analysis
- The UK Wireless Power Transmission Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030F, USD Million
- By Application- Market Size & Forecast 2019-2030F, USD Million
- Market Size & Analysis
- France Wireless Power Transmission Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030F, USD Million
- By Application- Market Size & Forecast 2019-2030F, USD Million
- Market Size & Analysis
- Italy Wireless Power Transmission Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030F, USD Million
- By Application- Market Size & Forecast 2019-2030F, USD Million
- Market Size & Analysis
- Italy Wireless Power Transmission Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030F, USD Million
- By Application- Market Size & Forecast 2019-2030F, USD Million
- Market Size & Analysis
- Market Size & Analysis
- The Middle East & Africa Wireless Power Transmission Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030F, USD Million
- By Transmission Range- Market Size & Forecast 2019-2030F, USD Million
- By Technology- Market Size & Forecast 2019-2030F, USD Million
- By Application- Market Size & Forecast 2019-2030F, USD Million
- By End Users- Market Size & Forecast 2019-2030F, USD Million
- By Implementation- Market Size & Forecast 2019-2030F, USD Million
- By Country
- South Africa
- Rest of the Middle East & Africa
- South Africa Wireless Power Transmission Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030F, USD Million
- By Application- Market Size & Forecast 2019-2030F, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Asia-Pacific Wireless Power Transmission Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030F, USD Million
- By Transmission Range- Market Size & Forecast 2019-2030F, USD Million
- By Technology- Market Size & Forecast 2019-2030F, USD Million
- By Application- Market Size & Forecast 2019-2030F, USD Million
- By End Users- Market Size & Forecast 2019-2030F, USD Million
- By Implementation- Market Size & Forecast 2019-2030F, USD Million
- By Country
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- China Wireless Power Transmission Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030F, USD Million
- By Application- Market Size & Forecast 2019-2030F, USD Million
- Market Size & Analysis
- India Wireless Power Transmission Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030F, USD Million
- By Application- Market Size & Forecast 2019-2030F, USD Million
- Market Size & Analysis
- Japan Wireless Power Transmission Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030F, USD Million
- By Application- Market Size & Forecast 2019-2030F, USD Million
- Market Size & Analysis
- South Korea Wireless Power Transmission Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030F, USD Million
- By Application- Market Size & Forecast 2019-2030F, USD Million
- Market Size & Analysis
- Australia Wireless Power Transmission Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Type- Market Size & Forecast 2019-2030F, USD Million
- By Application- Market Size & Forecast 2019-2030F, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Global Wireless Power Transmission Market Key Strategic Imperatives for Success & Growth
- Competition Outlook
- Company Profiles
- Ossia Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Energous Corporation
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Wi-Charge Ltd.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Texas Instruments
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Qualcomm Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Semtech Corporation
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Humavox Ltd.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Toshiba Corporation
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Fulton Innovation LLC
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Convenient Power HK
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Energizer Holdings, Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Plugless Power
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Murata Manufacturing Co., Ltd.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Powermat Technologies Ltd.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- WiTricity
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Others
- Ossia Inc.
- Company Profiles
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making