Wireless Power Transmission Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Wireless Power Transmission Market to grow from USD 2.5 billion in 2016 to USD 11.3 billion by 2027, at a CAGR of 23% between 2021 and 2027.

Wireless power transfer is a process that occurs in systems where power sources transmit electromagnetic energy to an electrical load without wires. This wireless transmission transfers power to a remote location. Consumer preference for wireless connectivity and the demand for an effective charging system will drive the growth of the wireless power transmission market. However, the high cost of devices based on wireless power transfer technology has the potential to disrupt the revenue boundary.

By Type

• Devices with Battery
• Devices without Battery

By Application

• Consumer Electronics
• Industrial,
• Automotive
• Defense
• Others

By Range

• Medium Range
• Short Range

Company Profile

• Energous
• WiTricity
• Fulton Innovations
• Humavox
• Murata Manufacturing
• Wi-Charge
• Ossia, Inc.
• UBeam
• PowerbyProxi
• Philips

Scope of the Report

The research study analyzes the global Wireless Power Transmission industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Wireless Power Transmission Market Report

1. What was the Wireless Power Transmission Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Wireless Power Transmission Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Wireless Power Transmission Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.