Global Wireless Power Transmission Market 2023-2027

Global Wireless Power Transmission Market 2023-2027
Technavio has been monitoring the wireless power transmission market and is forecast to grow by USD 19661.65 mn during 2022-2027, accelerating at a CAGR of 26.79% during the forecast period. Our report on the wireless power transmission market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapid growth in wireless transmission, changing energy landscape and integration, and proliferating demand for electric vehicles.
Technavio's wireless power transmission market is segmented as below:

By End-userConsumer electronicsIndustrial applicationsAutomotiveOthersBy TechnologyNear field technologyFar-field technologyBy Geographical LandscapeAPACEuropeNorth AmericaSouth AmericaMiddle East and AfricaThis study identifies the evolution of smart grids as one of the prime reasons driving the wireless power transmission market growth during the next few years. Also, robust investment and the emergence of various smart city projects will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the wireless power transmission market covers the following areas:Wireless power transmission market sizingWireless power transmission market forecastWireless power transmission market industry analysisTechnavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wireless power transmission market vendors that include Analog Devices Inc., ConvenientPower Semiconductor, Energous Corp., Energysquare SAS, Evatran Group Inc., Humavox Ltd., Koninklijke Philips NV, Leggett and Platt Inc., Murata Manufacturing Co. Ltd., Nucurrent Inc., NXP Semiconductors NV, Ossia Inc., Powermat Technologies Ltd., Renesas Electronics Corp., Salcomp PLC, Samsung Electronics Co. Ltd., Semtech Corp., TDK Corp., Wi Charge, and WiTricity Corp.. Also, the wireless power transmission market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.