Press release
Attractive Growth Opportunities in Wireless Power Transmission Market
According to the new market research report "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", the wireless power transmission market is expected to be worth USD 11.27 Billion by 2022, growing at a CAGR of 23.15% between 2017 and 2022.Download Free PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=168050212
The factors that are driving the growth of the wireless power transmission market include the convenience offered by and consumer preference for wireless connectivity and need for effective charging systems. The market has also witnessed significant developments for wireless charging as many start-ups have developed the products based on laser and microwave technologies, which can charge multiple devices at a time.
Browse 105 market tables and 62 figures spread through 163 pages on "Wireless Power Transmission Market - Global Forecast to 2022"
https://www.marketsandmarkets.com/Market-Reports/wireless-power-market-168050212.html
Early buyers will receive 10% customization on reports.
"Magnetic resonance technology is expected to make inroads in the wireless power transmission market "
The companies and researchers have invested significantly in the development of resonance technology. This technology has growth potential in applications such as smartphone charging, electric vehicle charging, wearable electronics charging, and industrial. Due to its user friendliness, the market for this technology is expected to witness the highest growth between 2017 and 2022.
"Electric vehicle charging application is expected to surge the wireless power transmission market between 2017 and 2022."
The wireless charging technology is considered as the best solution for charging electric vehicles and hybrid electric vehicles. Wireless electric vehicle charging is possible through inductive technology, and many companies are providing the complete wireless charging solution for the electric vehicles; however, wireless charging yet to realize its full potential and come to the mainstream. In 2017, Mercedes-Benz (Germany) is expected to launch the luxurious hybrid-powered sedan car (probably from S-Class series) that is enabled with the wireless charging technology. BMW AG (Germany) is also on the list of future wireless charging car manufacturers. Toshiba Corporation also had a trail run for 45-seaters electric bus for wireless charging. The contactless charger based on the magnetic resonance technology is designed in association with the Waseda University.
"European market is expected to grow at the highest rate between 2017 and 2022"
Europe, being one of the early adopters of this technology, is expected to grow at a high rate. Europe is the automotive hub, and the developments in the European market, especially in electric vehicles and wearable electronics, are expected to boost the growth of the wireless power transmission market in this region. The European Green Vehicles Initiative Association (EGVI), a Europe-based company, has undertaken UNPLUGGED and FABRIC projects on wireless charging of electric vehicles.
The major players involved in the wireless power transmission market include Samsung Electronics Co., Ltd. (South Korea), Qualcomm Inc. (U.S.), Texas Instruments Inc. (U.S.), TDK Corp. (Japan), Witricity Corp. (U.S.), and Integrated Device Corp. (U.S.).
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.).
Mr. Shelly Singh
MarketsandMarkets(TM) INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
MarketsandMarkets(TM) provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets(TM) for their painpoints around revenues decisions.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Attractive Growth Opportunities in Wireless Power Transmission Market here
News-ID: 1921943 • Views: …
More Releases from MarketsandMarkets
eFuse Market is Projected to Reach $674 million by 2029 | Leading key players ar …
According to a research report "eFuse Market Type (Auto Retry, Latched), Package Type (Small Outline No Lead, Dual Flat No Leads, Quad Flat No Leads, Think Shrink Small Outline Package), Application, End User, & Region - Forecast to 2035" published by MarketsandMarkets, the eFuse market is projected to reach USD 674 million by 2029 from an estimated USD 557 million in 2024, at a CAGR of 3.9% during the forecast…
Battery Recycling Market worth $54.3 billion by 2030 | Key players Aqua Metals, …
According to recent market research the "Battery Recycling Market by Source (Automotive Batteries, Industrial Batteries, Consumer & Electronic Appliance Batteries), Chemistry (Lead Acid, Lithium-based, Nickel-based), Material (Metals, Electrolyte, Plastics) and Region - Global Forecast to 2030", is projected to grow from USD 26.9 billion in 2023 to USD 54.3 billion by 2030, at a CAGR of 10.5%. The mounting demand for electric vehicles to limit the rising pollution levels has…
Waterproofing Admixtures Market worth $8.0 billion by 2028 | Key players Sika AG …
According to recent market research the "Waterproofing Admixtures Market by Type (Pore Blocking Admixtures, Crystalline Admixtures, Densifier), Application (Residential, Commercial, Infrastructure), and Region (Asia Pacific, Europe, North America, MEA, South America) - Global Forecast to 2028", size was USD 5.3 billion in 2022 and is projected to reach USD 8.0 billion by 2028, at a CAGR of 7.4%, between 2023 and 2028. The market is projected to grow because of…
Combined Heat and Power Market Size to Grow $39.2 billion by 2029 | GE, Siemens …
According to a research report "Combined Heat and Power Market by Prime Mover (Gas Turbine, Steam Turbine, Reciprocating Engine, Fuel Cell, Microturbine), Capacity (Up to 10 MW, 10-150 MW, 151-300 MW, Above 300 MW), Fuel, End User and Region - Global Forecast to 2029" published by MarketsandMarkets, the Combined heat and power market is projected to reach USD 39.2 billion by 2029 from an estimated USD 30.4 billion in 2024,…
More Releases for Europe
Strategy Consulting Market 2025 | Analysis By Top Key Players: Booz & Co. , Rola …
Global Strategy Consulting Market 2019-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The key players covered in this study
McKinsey , The Boston Consulting Group , Bain & Company , Booz & Co. , Roland Berger Europe…
Influenza Vaccination Market Global Forecast 2018-25 Estimated with Top Key Play …
UpMarketResearch published an exclusive report on “Influenza Vaccination market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Influenza Vaccination market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This…
Global Strategy Consulting Market Research Report 2018-2025 | Global Key Player …
An up-to-date research report has been disclosed by Market Research Hub highlighting the title “Global Strategy Consulting Market Size, Status and Forecast 2018-2025” which provides an outlook for current market value as well as the expected growth of Strategy Consulting during 2018-2025. The report studies the casing heads market worldwide, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, size, growth, revenue, consumption, import and export…
Strategy Consulting Market Deep Insights with Core Business Strategies 2018 - Ro …
Strategy Consulting Market report provides a vital recent industry data which covers in general market situation along with future scenario for industry around the Globe. It also consist of major data along with forecasts of a global market along with clear presentation of diagrams (charts and tables).
Global strategy consulting market size status and forecast 2025 has a vast collection of market research reports concerning the software industry, its sub-sectors, and…
Wearable Heart Monitoring Devices Market 2018 To 2023 – Top Leaders Beurer Gmb …
The Worldwide Wearable Heart Monitoring Devices Market is growing at a healthy rate. The major players in this market are Medtronic (U.S.), Kinetec Products UK Ltd. (South America), Beurer GmbH (Europe), Medisana AG (Europe), Briggs Healthcare (U.S.), Polar Electro (Europe), SUUNTO (Europe), Koninklijke Philips N.V. (Europe), Garmin Ltd. (Europe) and others. The Wolrdwide Wearable Heart Monitoring devices is segmented on the basis of products, type, application, and end users. On…
Surgical Equipment Market 2018 Leading Manufacturer in Europe, the Middle East & …
The Europe, the Middle East & Africa Surgical Equipment Market is expected to grow at an approximate CAGR of 6.7% during the forecast period.
A surgical equipment is a designed tool or device to carry out various surgical procedures so as to modifying biological tissues and to provide access for viewing them. The surgical equipment can be designed specifically for a particular surgery or it can be used as general purpose…
