Wireless Power Transmission Market

Wireless Power Transmission Market - Global Market Share, Trends, Analysis and Forecast, 2023-2032
Frequently asked questions about this report

The wireless power transmission market was estimated to be US$ 7.26 Billion in 2022.

The wireless power transmission market is expected grow at a CAGR of 19.9% between 2023 to 2032.

The wireless power transmission market is being driven by a number of factors, including the increasing demand for smartphones, wearables, and other consumer electronics, the growing need for effective charging solutions for electric vehicles, and the adoption of wireless charging in healthcare, aerospace, and defense sectors.

The inductive coupling is currently the largest technology segment in the wireless power transmission market. The popularity of inductive coupling is due to its simple design, ease of implementation, and relatively low cost.

North America is one of the leading regions in the wireless power transmission market, driven by the increasing adoption of electric vehicles and the growth of the smartphone and wearable market.

ConvenientPower HK Limited, Energous Corporation, Humavox Ltd., Integrated Device Technology, Inc., Leggett & Platt, Incorporated, Mojo Mobility, Inc., Ossia Inc., Powermat Technologies Ltd., Qualcomm Technologies, Inc., Samsung Electronics Co., Ltd., TDK Corporation, Texas Instruments Incorporated, Toshiba Corporation, Wi-Charge Ltd. and Witricity Corporation are the major players in this market.

Wireless power transmission are largely used in the Gateways, Tranceivers, Receiver, Transmitter and others.