2024-2030: Wireless Power Transfer (WPT) Market Trend And Analysis

On 2024-12-31 Global Info Research released【Global Wireless Power Transfer (WPT) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030】. This report includes an overview of the development of the Wireless Power Transfer (WPT) industry chain, the market status of Consumer Electronics (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), Household Appliances (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Wireless Power Transfer (WPT).

According to our (Global Info Research) latest study, the global Wireless Power Transfer (WPT) market size was valued at US$ 3536 million in 2023 and is forecast to a readjusted size of USD 18480 million by 2030 with a CAGR of 27.0% during review period.

Wireless power transfer (WPT), wireless power transmission, wireless energy transmission (WET), or electromagnetic power transfer is the transmission of electrical energy without wires as a physical link. In a wireless power transmission system, a transmitter device, driven by electric power from a power source, generates a time-varying electromagnetic field, which transmits power across space to a receiver device, which extracts power from the field and supplies it to an electrical load. The technology of wireless power transmission can eliminate the use of the wires and batteries, thus increasing the mobility, convenience, and safety of an electronic device for all users. Wireless power transfer is useful to power electrical devices where interconnecting wires are inconvenient, hazardous, or are not possible.

Global key manufacturers of Wireless Power Transfer (WPT) include Renesas Electronics, Texas Instruments, NXP, Analog Devices, Samsung Electronics, etc. Global top five manufacturers hold a share about 30%. Asia-Pacific is the largest market of Wireless Power Transfer (WPT), holds a share over 40%. In terms of product, the Near-Field Power Transfer holds a larger segment, with a share over 90%. And in terms of application, the largest application is Smart Phones and Tablets, with a share of over 75%.

The main market drivers include the following:
Popularization of consumer electronics products
With the popularity of consumer electronics products such as smartphones and wearable devices, users have an increasing demand for wireless charging. These devices usually have a small battery capacity and need to be charged frequently, and wireless power transmission technology provides a more convenient and efficient way to charge these devices.

Expansion of the electric vehicle market
The rapid growth of the electric vehicle market has also promoted the development of wireless power transmission technology. Wireless power transmission technology can realize wireless charging of electric vehicles, improve the convenience and safety of charging, and further promote the expansion of the electric vehicle market.

Policy support and standard setting
In order to promote the development and application of wireless power transmission technology, governments of various countries have introduced relevant policies. For example, some countries support the research and development and application of wireless power transmission technology by providing research and development funds, tax incentives and other measures.

Standard setting: At the same time, in order to ensure the safety and reliability of wireless power transmission technology, countries and regions are also actively formulating relevant standards and specifications. The formulation of these standards and specifications provides a strong guarantee for the promotion and application of wireless power transmission technology.

This report is a detailed and comprehensive analysis for global Wireless Power Transfer (WPT) market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Sample Report Request Wireless Power Transfer (WPT)
https://www.globalinforesearch.com/reports/1689401/wireless-power-transfer--wpt

Market segment by Type： Near-Field Power Transfer、Far-Field Power Transfer

Market segment by Application：Smart Phones and Tablets、Electric Vehicles、Wearable Electronics、Others

Major players covered： Renesas Electronics、Texas Instruments、NXP、Analog Devices、Samsung Electronics、TDK Corporation、Witricity、STMicroelectronics、Murata Manufacturing、ConvenientPower、Powermat Technologies、Nucurrent、Plugless Power、Powerbyproxi(Apple)

Market segment by region, regional analysis covers: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe), Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),South America (Brazil, Argentina, Colombia, and Rest of South America),Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Wireless Power Transfer (WPT) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Wireless Power Transfer (WPT), with price, sales, revenue and global market share of Wireless Power Transfer (WPT) from 2019 to 2024.
Chapter 3, the Wireless Power Transfer (WPT) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Wireless Power Transfer (WPT) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Wireless Power Transfer (WPT) market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Wireless Power Transfer (WPT).
Chapter 14 and 15, to describe Wireless Power Transfer (WPT) sales channel, distributors, customers, research findings and conclusion.

Data Sources:

Via authorized organizations:customs statistics, industrial associations, relevant international societies, and academic publications etc.
Via trusted Internet sources.Such as industry news, publications on this industry, annual reports of public companies, Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), Trading Economics, News Network, Statista, Federal Reserve Economic Data, BIS Statistics, ICIS, Companies House Documentsm, investor presentations, SEC filings of companies, etc.
Via interviews. Our interviewees includes manufacturers, related companies, industry experts, distributors, business (sales) staff, directors, CEO, marketing executives, executives from related industries/organizations, customers and raw material suppliers to obtain the latest information on the primary market;
Via data exchange. We have been consulting in this industry for 16 years and have collaborations with the players in this field. Thus, we get access to (part of) their unpublished data, by exchanging with them the data we have.
From our partners.We have information agencies as partners and they are located worldwide, thus we get (or purchase) the latest data from them.
Via our long-term tracking and gathering of data from this industry.We have a database that contains history data regarding the market.

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This release was published on openPR.