Lucintel Forecasts Wireless Power Transmission Market To Reach $35 Billion By 2030

By Author: Lucintel LLC
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According to the recent study the wireless power transmission market is projected to reach an estimated $35 billion by 2030 from $14 billion in 2023 at a CAGR of 14.2% from 2023 to 2030. Growth in this market is primarily driven by increasing consumer preference for wireless connectivity, growth in electric vehicles, and increasing need for effective charging systems.
A more than 150-page report to understand trends, opportunities and forecast in wireless power transmission market by technology (near-field technology and far-field technology), implementation (integrated and aftermarket), application (receiver [smartphones, notebooks & tablets, wearable electronics, electric vehicle charging, and industrial] and transmitter [standalone charges, automotive (in vehicle), electric vehicle charging, and industrial]), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Near-field technology, such as inductive and far-field technologies are used for wireless power transmission in various end use industries. Lucintel forecasts that inductive will remain the largest technology over the forecast ...
... period due its wide range of applications, such as smartphones, tablets, and wearable devices.
Smartphones will remain the largest segment due to increasing demand for premium smartphones with wireless charging capabilities and rising adoption of inductive wireless power transmission in various smartphones.
Download sample by clicking on wireless power transmission market
Asia Pacific will remain the largest region over the forecast period due to increasing demand for electronic products, such as smartphones, tablets, laptops, and wearable devices, increasing expenditure for research and development proficiencies, and favorable government policies to improve the renewable energy mix within the region.
Integrated Device Technology, Qualcomm, Samsung Electronics, TDK Corporation, Texas Instruments, Nucurrent, Murata Manufacturing Co., Energizer Holdings, and Witricity Corporation are the major suppliers in the wireless power transmission providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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