Global Wireless Power Transmission Market to Reach $45.3 Billion by 2030: Rise in Home Entertainment Spending Drives Opportunities
Global Market for Wireless Power Transmission
Dublin, July 10, 2023 (GLOBE NEWSWIRE) -- The "Wireless Power Transmission: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Wireless Power Transmission estimated at US$8.6 Billion in the year 2022, is projected to reach a revised size of US$45.3 Billion by 2030, growing at a CAGR of 23.2% over the analysis period 2022-2030.
Near-Field, one of the segments analyzed in the report, is projected to record 22.7% CAGR and reach US$36.4 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Far-Field segment is readjusted to a revised 25% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 25.5% CAGR
The Wireless Power Transmission market in the U.S. is estimated at US$2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$11 Billion by the year 2030 trailing a CAGR of 25.5% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.7% and 21.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 20.9% CAGR.
Select Competitors (Total 51 Featured) -
Integrated Device Technology, Inc.
Qualcomm, Inc.
Samsung Electronics Co., Ltd.
TDK Corporation
Texas Instruments, Inc.
Witricity Corporation
Key Attributes:
Report Attribute | Details |
No. of Pages | 294 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $8.6 Billion |
Forecasted Market Value (USD) by 2030 | $45.3 Billion |
Compound Annual Growth Rate | 23.1% |
Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Impact of COVID-19 Pandemic and Looming Global Recession; Living with COVID-19, the New Normal
Stagflation and Risk of Recession: New Challenges Emerge for the Global Market in 2022 & 2023
World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
Competitive Scenario
Wireless Power Transmission - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Select Innovations & Advancements
Emrod's Technology Key to Developing Long Range Wireless Power Transmission
Global Wireless Power Transmission Market Set to Deliver Electrifying Performance: Prospects & Outlook
COVID-19 Pandemic as Market Disruptor
Analysis by Technology: Near-Field Technology; Powerful Segment of Wireless Power Transmission Market
World Wireless Power Transmission Market by Technology (2021 & 2027): Percentage Breakdown of Revenues for Near-Field and Far-Field
Analysis by Application: Consumer Electronics Maintains Lead
World Wireless Power Transmission Market by Application (2021 & 2027): Percentage Breakdown of Revenues for Consumer Electronics, Industrial Applications, Automotive, and Other Applications
Regional Analysis
World Wireless Power Transmission Market: Percentage Breakdown of Revenues for Developed and Developing Regions for the Years 2021 & 2027
World Wireless Power Transmission Market - Geographic Regions Ranked by CAGR (Revenues) for 2020-2027: China, Asia-Pacific, USA, Europe, Canada, Rest of World, and Japan
Wireless Power Transmission: An Introduction
Near- & Far-Field Regions for Wireless Power
Atmospheric Plasma Channel Coupling
Power Harvesting
Intriguing Applications Transforming Industries
Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Where is the Wireless Power Transmission Market Leading?
Revolution in Power Transmission: Prerequisite for Next Wave of Digital Revolution
Key Developments and Advancements in the Wireless Charging Market
Advent of Innovative Technologies Fuel Demand for Wireless Energy Transmission Systems
Wireless Charging and Chargers: The Latest Buzzword
Select Innovative Charging Technologies: Commercialized and Developmental
A Peek into Wireless Charging Technologies
Rising Interest in Fast Chargers for Auto and Smartphone Applications
Strong Impetus from Electronics Industry: A Key Market Driver
Global Opportunity for Consumer Electronics (In US$ Million) for Years 2020, 2022, 2024, 2026 and 2028
Rising Use of Wearable Devices Augurs Well for the Market
Global Electronic Wearables Shipments (In Million Units) for Years 2020, 2022, 2024 & 2026
Global Wearable Electronics Market Breakdown of Unit Sales (in %) by Region (2018 & 2022)
Global Wearables Shipments Breakdown (in %) by Product for 2020 & 2024
Wireless Chargers to Gain Significant Adoption
Charging Solutions for Smartphones
Worldwide Smartphone Sales (in Million Units) by Geographic Region/Country for the Years 2018 & 2022
Smartphone Adoption Worldwide by Region (in %): 2018 & 2025
Growing Demand for Mobile Computing Devices to Spur Demand
Rise in Home Entertainment Spending Drives Opportunities
Leading Streaming Services by Subscriber Base (in Million): 2020
Global SVOD Services Market Breakdown of Subscriber Base (in %) by Service Provider: 2021E
Global Number of SVoD Subscribers (In Million): 2015-2024
Long-Distance Energy Transfer: Key Focus Area for Technology Developers
New Zealand to Deploy Long-Range Wireless Energy Infrastructure Prototype
Rising Production of EVs to Drive Uptake of Wireless Power Transmission Market
World Automotive Cockpit Electronics Market by Product (2021 & 2027): Percentage Breakdown of Sales for Infotainment & Navigation, Information Display, Instrument Cluster, Telematics, HUD, and Other Products
Global Electric Vehicle Sales % Change in 2020
Global Electric Passenger Car Stock (In Million Units) for the Years 2017, 2018, 2019, 2020 & 2025P
Dynamic Wireless Power Transfer for Electric Vehicles
Wireless Charging Catches Attention of Car Companies
Innovative Charger Designs Emerge for Motorcycles and Cars
Wireless Power Transfer Technology Using Infrared Light to Revolutionize Smart Home and Cities
Growing Smart Homes Catalyze Demand for Wireless Chargers and Power Transmission Devices
Growth in Total Number of Smart Homes (In Millions) for the Years 2019, 2021, 2023, 2025 & 2026
Global Smart Home Market Breakdown by Technology (in %) for 2018 and 2022
Global Market for Smart City Technologies in US$ Million for the Years 2020 and 2027
Favorable Demographic & Socio-Economic Trends Strengthen Market Prospects
Rapid Growth in Urban Households
World Urban Population in Millions: 1950-2050
Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030, and 2050
Growing Affluence of Middle Class Consumer Segment
Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, and 2030
Rising Living Standards
Increasing Concerns for Preserving Ecological Balance Fuel Demand for Wireless Power Transmission Devices
Using Infrared Laser Light Technology to Power Small Sensors Wirelessly
Far-field Wireless using Electromagnetism to Transfer Power across 100 Feet
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/d4tr5e
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