Infinium Global Research has added a new report on Wireless Power Transmission Market. The report presents analysis of global as well as regional markets of wireless power transmission market over the period of 2016 to 2024. Wireless power transmission mainly uses three main systems such as microwaves, solar cells, and resonance. Wireless power transmission is transmission of electrical energy from a power source to electrical load without man made conductors. Microwaves are used in an electrical device to transmit electromagnetic radiation from a source to a receiver. A wireless data transmission eliminates the need of wires. With the increase in wireless data application, the need of wireless energy transfer technology has increased. Moreover, wireless power transmission technique can be used to charge the gadgets like mobile phone, laptop battery, iPod, propeller clock, etc. In addition, this sort of charging offers a lower risk of electrical shock. Wireless power transfer not only reduces the risk of shock but also stops to plug frequently into the sockets. The concept of near field vs. far-field radiation is relevant to Wireless Power Transmission. Wireless power transmission are used in military applications, such as robots, wireless charging technology to help soldiers, and sensors used in submarines.
Increasing need for battery powered equipment and effective charging systems are the factors driving the growth of the wireless power transmission market. Moreover, emerging need for new wireless power transmission applications such as solar-power satellites are likely to boost the global market growth. However, interference of microwaves with current communication systems and rising prices of wireless power technology is hampering the growth of the wireless power transmission system during the forecast period. Furthermore, rising efficiency of power transmission is projected to create favorable market conditions in the upcoming period. For instance, Samsung Galaxy that carry wireless charging capabilities are Google Nexus and Motorola Droid. The adoption in a range of smartphones in the inductive wireless power transmission market is anticipated to hoist smartphones as a larger receiver application. On the other hand, automobile manufacturers including Honda, Nissan, and Toyota Motors are focusing more on electrically charged vehicles to create greater opportunities over the years to come. Among the geographies, Asia Pacific held the largest share in the wireless power transmission and it is considered as the hub for consumer electronic products such as smartphones, tablets, laptops, and wearable devices. Mexico is emerging as a new manufacturing hub due to low manufacturing cost and rising demand for in North American regions such as the U.S. and Canada. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global wireless power transmission market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.
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The recent report identified that Asia Pacific dominated the global wireless power transmission market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the wireless power transmission market worldwide.
The report segments the global wireless power transmission market on the basis of Range, Type and End-user Industries.
Global Wireless Power Transmission Market by Range
· Near Field
· Far Field
Global Wireless Power Transmission Market by Type
· Microwave Power Transmisson
· Inductive Coupling Power Transmision
Global Wireless Power Transmission Market by End-user Industries
· Consumer Electronics
· Others(Drones,Solar Power Satellite)
Companies Profiled in the Report
· Samsung Electronics Co., Ltd.
· Texas Instruments, Inc.
· Integrated Device Technology, Inc.
· LG Electronics Inc.
· Powermat Technologies, Ltd.
· Plugless Power
· Salcomp PLC
About Infinium Global Research
Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.
Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.
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