HOME Top Market Reports Wireless Power Transmission Market by Technology (Induction, Magnetic Resonance), Implementation, Transmitter, and Receiver Application (Smartphones, Electric Vehicles, Wearable Electronics, and Furniture) and Geography - Global Forecast to 2022

Wireless Power Transmission Market by Technology (Induction, Magnetic Resonance), Implementation, Transmitter, and Receiver Application (Smartphones, Electric Vehicles, Wearable Electronics, and Furniture) and Geography - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: March 2017
Report Code: SE 2617

 

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The inductive technology captured the largest share of the wireless power transmission market. However, the magnetic resonance has a competitive advantage over the inductive technology as it offers long range power and multiple devices charging capabilities. Along with these two technologies, far-field technologies such as microwave (RF) and laser/infrared-based power transmission would expect to revolutionize the market for wireless power transmission in the near future. Microwave (RF) and laser/infrared-based power transmission is at the nascent research and development stage and expected to be commercialized in the next one or two years. The inductive technology is in the growth stage, while the magnetic resonate technology is in the introductory phase; however, the market for both is expected to grow in the future. The wireless power transmission technology market was valued at 2.50 billion in 2016, and it is estimated to grow at a CAGR of 23.15% between 2017 and 2022. The base year considered for the study is 2016, and the forecast period is between 2017 and 2022.

The research methodology used to estimate and forecast this market begins with capturing data on key vendor revenue through the secondary research such as company website, annual reports, investor presentations, webinars, and leading players’ newsletters. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the global wireless power transmission market from the revenue of key players. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have been verified through the primary research by conducting extensive interviews with people holding key positions such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primaries is depicted in the below figure:

Wireless Power Transmission Market

To know about the assumptions considered for the study, download the pdf brochure

This report provides valuable insights regarding the ecosystem of this market, which includes product manufacturers and suppliers, OEMs, industry bodies, suppliers, distributors, and investment firms in the wireless power transmission technology. Various start-ups in the wireless power transmission market include Ossia, Inc. (U.S.), Wi-Charge Ltd. (Israel), Energous Corporation (U.S.), Humavox Ltd. (Israel), and Fulton Innovation LLC (U.S.). On the other hand, Qualcomm Inc. (U.S.), Texas Instruments Inc. (U.S.), Integrated Device Technology, Inc. (U.S.), Semtech Corp. (U.S.), Toshiba Corp. (Japan), Panasonic Corp. (Japan), and Rohm Co., Ltd. (Japan) provide the wireless power transmitter and receiver ICs.

Target audience of the report:

  • Wireless power transmission transmitter and receiver manufactures
  • Distributors of consumer electronic products, including ecommerce stores
  • Wireless power transmission component suppliers
  • Banks, financial institutions, investors, and venture capitalists
  • Technology investors
  • Governments and financial institutions
  • Analysts and strategic business planners
  • End users who want to know more about the wireless power transmission market in consumer electronics and the latest technological developments in this market

This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing efforts and investments.

Scope of the Report:

This research report categorizes the global wireless power transmission market on the basis of technology, implementation, receiver application, transmitter applications, and geography.

By Technology:

  • Near-Field Technology
    • Inductive
    • Magnetic Resonance
    • Capacitive Coupling/Conductive
  • Far-Field Technology
    • Microwave/RF
    • Laser/Infrared

By Implementation:

  • Integrated
  • Aftermarket

By Receiver Application:

  • Smartphones
  • Tablets
  • Wearable Electronics
  • Notebooks
  • Other Consumer Electronics
  • Electric Vehicle Charging
  • Industrial

By Transmitter Application:

  •  Standalone Chargers
  • Automotive (In Vehicle)
  • Electric Vehicle Charging
  • Furniture
  • Industrial

By Geography:

  • North America
  • Europe
  • Asia Pacific (APAC)
  • Rest of the World (RoW)

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the companies’ specific needs. The following customization options are available for the report:

Company Information:

Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objective of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographical Scope
           1.3.3 Years Consider for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 List of Major Secondary Sources
           2.2.2 Key Data From Secondary Sources
    2.3 Primary Data
           2.3.1 Primary Interviews With Experts
           2.3.2 Breakdown of Primaries
           2.3.3 Key Data From Primary Sources
           2.3.4 Secondary and Primary Research
           2.3.5 Key Industry Insights
    2.4 Market Size Estimation
           2.4.1 Bottom-Up Approach
                    2.4.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
           2.4.2 Top Down Approach
                    2.4.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
    2.5 Market Breakdown and Data Triangulation
    2.6 Research Assumption

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 33)
    4.1 Wireless Power Transmission Market Opportunities
    4.2 Inductive Wireless Power Transmission Market, By Component
    4.3 Wireless Power Transmission Market for Inductive Technology, By Implementation
    4.4 Market for Inductive Technology, By Receiver Application and Region
    4.5 Market for Magnetic Resonance Technology, By Transmitter Application
    4.6 Market for Inductive Technology, By Geography

5 Market Overview (Page No. - 36)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 By Technology
           5.2.2 By Implementation
           5.2.3 By Receiver Application
           5.2.4 By Transmitter Application
           5.2.5 By Geography
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Convenience Offered By and Consumer Preference for Wireless Connectivity
                    5.3.1.2 Need for Effective Charging Systems
           5.3.2 Restraints
                    5.3.2.1 Impact of Uncertified and Non–Standardized Products on the Industry Coherence Leads to Poor User Experience
                    5.3.2.2 High Cost of Wireless Power Transmission Technology-Based Devices
           5.3.3 Opportunities
                    5.3.3.1 Significant Opportunities in Industrial Applications and Robotics Market
                               5.3.3.1.1 Wireless Power Transmission in Robotics (Drones)
                    5.3.3.2 Adoption of Wireless Power Transmission Technology for Automotive and Electric Vehicle Charging Applications
                               5.3.3.2.1 Development of the Wireless Charging System By Korea Advanced Institute of Science and Technology
           5.3.4 Challenges
                    5.3.4.1 Tradeoff Between Transmission Range, Efficiency, and Safety of the Wireless Power System
                    5.3.4.2 Lack of Common Standards at Present

6 Industry Trends (Page No. - 45)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Key Innovators
    6.4 Analysis of Future Applications
    6.5 Wireless Power Standards Developing Alliances
           6.5.1 Wireless Power Consortium
           6.5.2 Airfuel Alliance
           6.5.3 Open Dots Alliance
           6.5.4 Adoption of Standards
    6.6 Porter’s Five Forces Model
           6.6.1 Bargaining Power of Suppliers
           6.6.2 Bargaining Power of Buyers
           6.6.3 Intensity of Competitive Rivalry
           6.6.4 Threat of Substitutes
           6.6.5 Threat of New Entrants
    6.7 Pricing Analysis for Wireless Power Transmitter and Receiver
    6.8 Key Funding and Investments in the Wireless Power Transmission Market

7 Wireless Power Transmission Market, By Technology (Page No. - 60)
    7.1 Introduction
    7.2 Near-Field Technologies
           7.2.1 Inductive Technology
           7.2.2 Magnetic Resonance Technologies
           7.2.3 Capacitive Coupling/Conductive
    7.3 Far-Field Technologies
           7.3.1 Microwave/Rf
           7.3.2 Laser/Infrared

8 Wireless Power Transmission Market, By Implementation (Page No. - 69)
    8.1 Introduction
    8.2 Aftermarket
    8.3 Integrated

9 Wireless Power Transmission Market, By Receiver Application (Page No. - 74)
    9.1 Introduction
    9.2 Smartphones
    9.3 Tablets
    9.4 Wearable Electronics
    9.5 Notebooks
    9.6 Other Consumer Electronics
    9.7 Electrical Vehicle Charging
    9.8 Industrial

10 Wireless Power Transmission Market, By Transmitter Application (Page No. - 92)
     10.1 Introduction
     10.2 Standalone Chargers
     10.3 Automotive (In-Vehicle Charging System)
     10.4 Electric Vehicle Charging
     10.5 Furniture
     10.6 Industrial

11 Wireless Power Transmission Market, By Geography (Page No. - 103)
     11.1 Introduction
     11.2 North America
             11.2.1 U.S.
             11.2.2 Rest of North America
     11.3 Europe
             11.3.1 U.K.
             11.3.2 Germany
             11.3.3 France
             11.3.4 Rest of Europe
     11.4 Asia Pacific (APAC)
             11.4.1 China
             11.4.2 Japan
             11.4.3 South Korea
             11.4.4 India
             11.4.5 Rest of APAC
     11.5 Rest of the World
             11.5.1 Middle East & Africa
             11.5.2 South America

12 Competitive Landscape (Page No. - 121)
     12.1 Overview
     12.2 Market Ranking Analysis: Wireless Power Transmission Market
     12.3 Competitive Situations and Trends
             12.3.1 New Product Launches
             12.3.2 Partnerships, Agreements, Collaborations, and Contracts

13 Company Profile (Page No. - 126)
(Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
     13.1 Integrated Device Technology, Inc.
     13.2 Qualcomm, Inc.
     13.3 Samsung Electronics Co., Ltd.
     13.4 TDK Corporation
     13.5 Texas Instruments, Inc.
     13.6 Nucurrent, Inc.
     13.7 Powermat Technologies, Ltd.
     13.8 Powerbyproxi, Ltd.
     13.9 Witricity Corporation
     13.10 Convenientpower Hk, Ltd.
     13.11 Salcomp PLC

*Details on Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

14 Startup Ecosystem (Page No. - 152)
     14.1 Introduction
     14.2 Ossia Inc.
     14.3 Energous Corporation
     14.4 Fulton Innovation LLC
     14.5 Humavox Ltd.
     14.6 WI Charge Ltd.
     14.7 Energysquare

15 Appendix (Page No. - 154)
     15.1 Insights of Industry Experts
     15.2 Discussion Guide for the Wireless Power Transmission (WPT) Market
     15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     15.4 Introducing RT: Real-Time Market Intelligence
     15.5 Available Customizations
     15.6 Related Reports
     15.7 Author Details


List of Tables (73 Tables)

Table 1 Wireless Power Transmission Market Segmentation, By Technology
Table 2 Market Segmentation, By Implementation
Table 3 Market Segmentation, By Receiver Application
Table 4 Market Segmentation, By Transmitter Application
Table 5 Future Applications in Wireless Power Transmission Technology
Table 6 List of WPC Members
Table 7 List of Board Member Companies
Table 8 Prices of Different Products Based on Wireless Power Transmission Technology
Table 9 Funding and Investments Into the Wireless Charging Market
Table 10 Wireless Power Transmission Market, By Technology, 2014–2022 (USD Million)
Table 11 Market for Inductive Technology, By Component, 2014–2022 (USD Million)
Table 12 Market for Inductive Technology, By Component, 2014–2022 (Million Units)
Table 13 Market for Inductive Technology, By Receiver Application, 2014–2022 (USD Million)
Table 14 Market for Inductive Technology, By Transmitter Application, 2014–2022 (USD Million)
Table 15 Market for Magnetic Resonance Technology, By Component, 2014–2022 (USD Million)
Table 16 Magnetic Resonance Technology Market, By Receiver Application, 2014-2022 (USD Million)
Table 17 Magnetic Resonance Technology Market, By Transmitter Application, 2014-2022 (USD Million)
Table 18 Wireless Power Transmission Market for Inductive Technology, By Implementation, 2014–2022 (USD Million)
Table 19 Inductive WPT Market for Aftermarket Solutions, By Receiver Application, 2014–2022 (USD Million)
Table 20 Induction WPT Market for Integrated Implementation, By Receiver Application, 2014–2022 (USD Million)
Table 21 Wireless Power Transmission Market for Receiver Applications, By Technology, 2014–2022 (USD Million)
Table 22 Global Wireless Power Transmission Market, By Receiver Application, 2014–2022 (USD Million)
Table 23 Inductive Wireless Power Transmission Market for Receiver Application, By Region, 2014–2022 (USD Million)
Table 24 Wireless Power Transmission Market for Smartphone Receivers, By Technology, 2014–2022 (USD Million)
Table 25 Market for Smartphone Receivers, By Implementation, 2014–2020 (USD Million)
Table 26 Inductive Wireless Power Transmission Market for Smartphones Receivers, By Region, 2014–2022 (USD Million)
Table 27 Wireless Power Transmission Market for Tablet Receivers, By Technology, 2014–2022 (USD Million)
Table 28 Wireless Power Transmission Market for Tablet Receivers, By Implementation, 2014–2022 (USD Million)
Table 29 Inductive Wireless Power Transmission Market for Tablet Receivers, By Region, 2014–2022 (USD Million)
Table 30 Wireless Power Transmission Market for Wearable Electronic Receivers, By Technology, 2014–2022 (USD Million)
Table 31 Wireless Power Transmission Market for Wearable Electronics Receivers, By Implementation, 2014–2020 (USD Million)
Table 32 Inductive Wireless Power Transmission Market for Wearable Electronics Receivers, By Region, 2014–2020 (USD Million)
Table 33 Wirless Power Transmission Market for Notebook Receivers, By Technology, 2014–2022 (USD Million)
Table 34 Wireless Power Transmission Market for Notebook Receivers, By Implementation, 2014–2022 (USD Million)
Table 35 Inductive Wirless Power Transmission Market for Notebooks Receivers, By Region, 2014–2022 (USD Million)
Table 36 Wireless Power Transmission Market for Other Consumer Electronics Receivers, By Technology, 2014–2022 (USD Million)
Table 37 Wireless Power Transmission Market for Other Consumer Electronics Receivers, By Implementation, 2014–2022 (USD Million)
Table 38 Inductive Wireless Power Transmission Market for Other Consumer Electronics Receivers, By Region, 2014–2022 (USD Million)
Table 39 Wireless Power Transmission Market for Electric Vehicle Receivers, By Technology, 2014–2022 (USD Million)
Table 40 Wireless Power Transmission Market for Electric Vehicle Receivers, By Implementation, 2014–2022 (USD Million)
Table 41 Inductive Wireless Power Transmission Market By Electric Vehicle Receivers, By Region, 2014–2022 (USD Million)
Table 42 Wireless Power Transmission Market for Industrial Receivers, By Technology, 2014–2022 (USD Million)
Table 43 Wireless Power Transmission Market for Industrial Receivers, By Implementation, 2014–2022 (USD Million)
Table 44 Inductive Wireless Power Transmission Market for Industrial Receivers, By Region, 2014–2022 (USD Million)
Table 45 Wireless Power Transmission Market for Transmitter Application, By Technology, 2014–2022 (USD Million)
Table 46 Wireless Power Transmission Market, By Transmitter Application, 2014–2022 (USD Million)
Table 47 Inductive Wireless Power Transmission Market for Transmitter Applications, By Region, 2014–2022 (USD Million)
Table 48 Wireless Power Transmission Market for Standalone Chargers, By Technology, 2014–2022 (USD Million)
Table 49 Inductive Wireless Power Transmission Market for Standalone Chargers, By Region, 2014–2022 (USD Million)
Table 50 Wireless Power Transmission Market for Automotive Transmitters, By Technology, 2014–2022 (USD Million)
Table 51 Inductive Wireless Power Transmission Market for Automotive Transmitters, By Region, 2014–2022 (USD Million)
Table 52 Wireless Power Transmission Market for Electric Vehicle Charging Transmitters, By Technology, 2014–2022 (USD Million)
Table 53 Inductive Wireless Power Transmission Market for Electric Vehicle Charging Transmitters, By Region, 2014–2022 (USD Million)
Table 54 Wireless Power Transmission Market for Furniture Transmitters, By Technology, 2014–2022 (USD Million)
Table 55 Inductive Wireless Power Transmission Market, for Furniture Transmitters, By Region, 2014–2022 (USD Million)
Table 56 Wireless Power Transmission Market for Industrial Transmitters, By Technology, 2014–2022 (USD Million)
Table 57 Inductive Wireless Power Transmission Market for Industrial Transmitters, By Region, 2014–2022 (USD Million)
Table 58 Inductive Wirless Power Transmission Market, By Region, 2014–2022 (USD Million)
Table 59 Inductive Wireless Power Transmission Market in North America, By Receiver Application, 2014–2022 (USD Million)
Table 60 Inductive Wireless Power Transmission Market in North America, By Transmitter Application, 2014–2022 (USD Million)
Table 61 Inductive Wireless Power Transmission Market in North America, By Country, 2014–2022 (USD Million)
Table 62 Inductive Wireless Power Transmission Market in Europe, By Receiver Application, 2014–2022 (USD Million)
Table 63 Inductive Wireless Power Transmissionmarket in Europe, By Transmitter Application, 2014–2022 (USD Million)
Table 64 Inductive Wireless Power Transmission Market in Europe, By Country, 2014–2022 (USD Million)
Table 65 Inductive Wireless Power Transmission Market in APAC, By Receiver Application, 2014–2022 (USD Million)
Table 66 Inductive Wireless Power Transmission Market in APAC, By Transmitter Application, 2014–2022 (USD Million)
Table 67 Inductive Wireless Power Transmission Market in APAC, By Country, 2014–2022 (USD Million)
Table 68 Inductive Wireless Power Transmission Market in RoW, By Region, 2014–2022 (USD Million)
Table 69 Inductive Wireless Power Transmission Market, By Receiver Application, 2014–2022 (USD Million)
Table 70 Inductive Wireless Power Transmission Market in RoW, By Transmitter Application, 2014–2022 (USD Million)
Table 71 Wireless Power Transmission Market Ranking Analysis, By Key Ic Supplier, 2016
Table 72 New Product Launches, 2016–2017
Table 73 Partnerships, Agreements, Collaborations, and Contracts 2016–2017


List of Figures (62 Figures)

Figure 1 Wireless Power Transmission Markets Segmentation
Figure 2 Wireless Power Transmission Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Assumption of the Research Study
Figure 7 Wireless Power Transmission Market Segmentation
Figure 8 Wireless Power Transmission Market for Inductive Technology, By Component (Million Units)
Figure 9 Integrated Wireless Power Charging Solutions Exhibited the Largest Market Size in 2016
Figure 10 Standalone Chargers Held the Largest Size in the Wireless Power Transmission Market Through 2022
Figure 11 APAC Held the Largest Share of the Wireless Power Transmission Market in 2016
Figure 12 Attractive Growth Opportunities in WPT Market Between 2017 and 2022
Figure 13 Transmitter Market Expected to Hold A Larger Market Size By 2022
Figure 14 Integrated Implementation of Inductive Wireless Power Transmission Technology Expected to Capture the Largest Market Share in 2017
Figure 15 Smartphones Expected to Hold the Largest Share of the Global WPT Market in 2017
Figure 16 Standalone Chargers to Hold the Largest Market Size in 2017
Figure 17 U.S. Held the Largest Share of the Wireless Power Transmission Market for Inductive Technology in 2016
Figure 18 Wireless Power Transmission Market Segmentation, By Geography
Figure 19 Droc: Wireless Power Transmission Market
Figure 20 Wireless Power Transmission Market: Value Chain Analysis
Figure 21 Key Innovations in Wireless Power Technology
Figure 22 Companies Adopting Both Standards
Figure 23 Wireless Power Transmission Market: Porter’s Five Forces Analysis, 2016
Figure 24 Porter’s Five Forces Analysis for Wireless Power Transmission Market
Figure 25 Bargaining Power of Suppliers
Figure 26 Bargaining Power of Buyers Analysed to Have A Medium Impact on the WPT Market
Figure 27 Several New Product Launches Had High Impact on the WPT Market
Figure 28 Threat of Substitutes Analysed to Have A Medium Impact on WPT Market
Figure 29 Threat of New Entrants Regarded as High Owing to Low Capital Requirements
Figure 30 Wireless Power Transmission Market, By Technology
Figure 31 Market for Inductive Receivers Expected to Grow at A Higher Rate Between 2017 and 2022
Figure 32 Standalone Chargers is Estimated to Hold the Largest Share for Magnetic Resonance Technology Market
Figure 33 Wireless Power Transmission Market, By Implementation
Figure 34 Market for Integrated Power Charging Solutions Held A Larger Size in 2016
Figure 35 Wireless Power Transmission Market, By Receiver Application
Figure 36 Electric Vehicle Market Expected to Grow at the Highest Rate During the Forecast Period
Figure 37 APAC Expected to Dominate the Market for Inductive Technology-Based Smartphone Receivers
Figure 38 North America Expected to Hold the Largest Share of Inductive Based-Wireless Wearable Electronics Receiver Market By 2022
Figure 39 Market for Integrated Solutions Expected to Grow Rapidly in the Industrial Application During the Forecast Period
Figure 40 Wireless Power Transmission Market, By Transmitter Application
Figure 41 Standalone Chargers Estimated to Hold the Largest Size of the Wireless Transmitter Market Between 2017 and 2022
Figure 42 North American Wireless Power Transmission Market for In-Vehicle Wireless Charging Systems Expected to Grow at the Highest Rate During the Forecast Period
Figure 43 European Furniture Transmitter Market Expected to Grow at the Highest Rate During the Forecast Period
Figure 44 Inductive Wireless Power Transmission Market, Geographic Snapshot (2017–2022)
Figure 45 APAC to Dominate the Inductive Wireless Power Transmission Market During the Forecast Period
Figure 46 Inductive Wireless Power Transmission Market Snapshot in North America
Figure 47 Market for Electric Vehicles Expected to Grow at the Highest Rate During the Forecast Period
Figure 48 Inductive Wireless Power Transmission Market Snapshot in APAC
Figure 49 South America Expected to Dominate the Inductive Wireless Power Transmission Between 2017 and 2022
Figure 50 Market Evolution Framework: Strategic Alliance has Been the Key Strategy Between 2014 and 2017
Figure 51 Companies Adopted New Product Launches as the Key Growth Strategy Between 2014 and 2017
Figure 52 Battle for Market Share: New Product Launches is the Key Strategy Adopted Between 2014 and 2017
Figure 53 Integrated Device Technology, Inc.: Company Snapshot
Figure 54 Integrated Device Technology, Inc.: SWOT Analysis
Figure 55 Qualcomm, Inc.: Company Snapshot
Figure 56 Qualcomm, Inc.: SWOT Analysis
Figure 57 Samsung Electronics Co., Ltd: Company Snapshot
Figure 58 Samsung Electronics Co., Ltd.: SWOT Analysis
Figure 59 TDK Corporation: Company Snapshot
Figure 60 TDK Corporation: SWOT Analysis
Figure 61 Texas Instruments, Inc.: Company Snapshot
Figure 62 Texas Instruments, Inc.: SWOT Analysis

The overall wireless power transmission market is expected to be valued at USD 11.27 Billion by 2022, growing at a CAGR of 23.15%. The growth of this market is propelled by the factors such as the convenience offered by and consumer preference for wireless connectivity and need for effective charging systems. The inductive technology in the growth stage, while the magnetic resonance technology is entering the introductory stage; both the markets are expected to grow in the coming years.

Smartphones is the largest receiver application for wireless power transmission technology owing to the adoption of inductive wireless power transmission in various smartphones in the past years. Samsung Galaxy Series, Motorola Droid phones, and Google Nexus phones are some notable smartphones, which have wireless charging capabilities. Samsung Electronics Co., Ltd. (South Korea) has a major product portfolio of smartphones integrated with wireless charging receiver capabilities.

Currently, wireless power transmission is based on the two technologies; inductive and magnetic resonance. Inductive technology has almost commoditized in the wireless power transmission market, especially for the consumer electronics applications; therefore, held the largest market share in 2016. Smartphones, tablets, wearable devices are some key applications of the inductive wireless power transmission. On the other hand, magnetic resonance technology is yet to mainstream.

The OEMs are more inclined toward the integration of wireless power transmission solutions in the devices to provide the convenience, comfort, and user-friendly operations for the users. The integrated implementation held the largest market share of the wireless power transmission technology has widely integrated in smartphones, wearable electronics, and in other consumer electronic devices.

APAC held the largest market share of the global wireless power transmission market in 2016. APAC is considered as the manufacturing hub for consumer electronic products such as smartphones, tablets, laptops, and wearable devices. It’s huge population and rapid urbanization in the past has led to the significant demand for devices. Thus, the presence of large consumer electronics industries in the counties such as China, Japan, India, and South Korea has attributed to the huge market size of the APAC region in the global wireless power transmission market.

Wireless Power Transmission Market

Major players in the wireless power transmission market are Samsung Electronics Co., Ltd. (South Korea), Qualcomm Inc. (U.S.), Witricity Corp. (U.S.), Texas Instruments Inc. (U.S.), Integrated Device Technology, Inc. (U.S.), and TDK Corp. (Japan).

Conversely, factors restraining the growth of the wireless power transmission market are lack of common standards due to which the compatibility issue in the manufacturing of these products and trade-off between the transmission range, efficiency, and safety of the wireless power transmission range.

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