Overview of the Global Wireless Power Transmission Industry:
The Global Wireless Power Transmission market is projected to experience substantial growth between 2024 and 2030, driven by digital transformation, innovation in service delivery, and expanding global demand. 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. This report offers an in-depth analysis of the key drivers, challenges, competitive landscape, and future outlook — helping businesses, investors, and stakeholders make informed decisions.
Market Size & Forecast (2024–2030)
- Base Year: 2023
- Forecast Period: 2024–2030
- Estimated CAGR (2024–2030): 18.19%
Key Market Driver (What’s Driving Wireless Power Transmission Sector Growth?)
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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Top Companies in the Wireless Power Transmission Market
Here’s a snapshot of key players leading innovation and market share:
- 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
Includes SWOT analysis, revenue trends, partnerships, and product launches.
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Wireless Power Transmission Market Segmentation Analysis
-By End Users
- Consumer
- Automotive
- Industrial IoTN
Consumer electronics under the segment consumer account for a substantial share of the Wireless Power Transmission Market, as they are mass-produced and have stable global demand.
-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
- Far-field Technology- Market Size & Forecast 2019-2030F, USD Million
-By Application
- Receiver Application- Market Size & Forecast 2019-2030F, USD Million
- Transmitter Application- Market Size & Forecast 2019-2030F, USD Million
-By End Users
- Consumer
- Automotive
- Industrial IoT
-By Implementation
- Aftermarket- Market Size & Forecast 2019-2030F, USD Million
- Integrated- Market Size & Forecast 2019-2030F, USD Million
Geographical Analysis
-By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Asia-Pacific is anticipated to dominate the Wireless Power Transmission Market during the estimated years.
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Methodology Behind the Report
This research combines qualitative and quantitative methods, including:
- Expert interviews
- Proprietary forecasting models
- Financial and trade databases
- Government and institutional data
Forecasts are validated using top-down and bottom-up approaches to ensure accuracy and reliability.
Frequently Asked Questions About the Wireless Power Transmission Market
- What is the growth rate of the Wireless Power Transmission market from 2024–2030?
- Which segment are expected to dominate market?
- Who are the top companies and what strategies being they using?
- What are the key risks and challenges in this industry?
- How can businesses prepare for future trends?
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