Press release
Wireless Power Transmission Market Estimated to Reach US$17.15 bn by 2025
Affordability of Inductive Coupling makes it Dominant Segment
The global wireless power transmission market can be segmented based on different parameters such as range, technology, and application. On the basis of basis of technology, for example, it can be segregated into inductive coupling, resonant inductive coupling, and capacitive coupling, among others such as microwave, laser beam, radio frequency, etc. Currently, the segment of inductive coupling accounts for maximum share in the market owing to its relative affordability, reliability, and easy availability. In the years ahead too, the segment is slated to maintain its dominant share.
View Full Report: https://www.transparencymarketresearch.com/wireless-power-transmission-market.html
Depending upon geography, the key segments of the global wireless power transmission market are North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among them, Asia Pacific leads the market. In held 40.0% share in 2016. North America, however, is slated to overtake Asia Pacific in the years to come. In the next couple of years, allocation of substantial funds by governments of nations such as India, Japan, and South Korea for industrialization and urbanization projects is anticipated to create substantial opportunities in the wireless power transmission market in the region. Rising demand for consumer electronics such as smartphones and laptops, especially in India, South Korea, Japan, and China has contributed to an overall shift in market trends.
Request to view Sample Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=29015
Industrialization and Urbanization Stoke Market Growth
The overall standard of living has improved worldwide, thanks to the swift face of industrialization and rampant urbanization. “Demand for digitization and infrastructural development such as smart lightning, wireless charging roads for electric vehicles and bullet trains has been increasing significantly. This has propelled the usage of wireless power transmission technology, thereby encouraging wireless power transmission technology providers and system manufacturers across the globe to develop efficient products and solutions,” explains the lead analyst of the report.
Request to download and view full ToC: https://www.transparencymarketresearch.com/report-toc/29015
Apart from the aforementioned growth driver, the global market for wireless power transmission is also being stoked by the increasing spending capacity of people worldwide, the high degree of suitability, operational efficiency, reduced maintenance cost, digitalization, growing infrastructural activities, and innovation of numerous technologies to form a complete wireless power transmission solution for various applications, such as consumer electronics, healthcare devices, and automotive.
One drawback in the wireless power transmission market is the initial cost of investment, which is high. The growing demand for wireless charging in consumer electronics, medical devices, and automotive industries is helping to overcome this challenge.
Global Wireless Power Transmission Market Report is available @ US$ 5795
https://www.transparencymarketresearch.com/checkout.php?rep_id=29015<ype=S
Some of the prominent participants in the global wireless power transmission market are Qualcomm Technologies, LG Electronics Inc., SAMSUNG ELECTRONICS Co., Ltd., Inc., Murata Manufacturing Co., Ltd., and Texas Instruments Inc. A key strategy leveraged by them is carefully-considered strategic alliances with global technology providers in the wireless power transmission market.
About us:
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
Contact us:
Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
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 Wireless Power Transmission Market Estimated to Reach US$17.15 bn by 2025 here
News-ID: 753042 • Views: …
More Releases from TMR - Research Reports
Visualization and 3D Rendering Software Market: On-Premise Deployment Presently …
The global market for visualization and 3D rendering features a largely consolidated vendor landscape, with the leading three vendors accounting for a nearly 80% of the overall revenue generated in the market in 2016, observes Transparency Market Research in a recent report. These three vendors, namely Autodesk Inc., Dassault Systems, and NVIDIA Corporation, have strengthened their positions in the market with the help of cost competitive pricing, continuous introduction of…
Digital Door Lock Systems Market: Enhanced Security Requirements to Propel the D …
According to a new market report published by Transparency Market Research titled “Digital Door Lock Systems Market–Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,” the global digital door lock systems market was valued at US$ 1,059.5 Mn in 2017 and is expected to expand at a CAGR of 30.25% from 2018 to 2026, reaching US$ 14,877.6 Mn by the end of the forecast period.
digital door lock systems market…
Transportation Management System Market: Advance Technologies in All the Sectors …
A transportation management system (TMS) refers to a subset of supply chain management and is centered mostly on logistics and transportation. The augmented use of cloud computing technologies for managing supply chain activities is one of the significant and major trends that have been prevailing in the world market for transportation management systems. Cloud-based deployments, in general, need less configuration and customization. These two factors are triggering down the cost…
Energy Recovery Ventilators Market: Rising Awareness of Importance of Indoor Air …
Characterized by the presence of a handful of dominant players, namely United Technologies Corp., LG Electronics, Daikin Industries Ltd., Fujitsu Ltd., and Munters Corp., the global energy recovery ventilators market features intense competition, reveals Transparency Market Research (TMR) in a new report.
Going forward, the rising number of players seeking entry will further intensify competition in the market. Expansion of product portfolio which has been the focus of established companies to…
More Releases for US$17
Bioplastics Packaging Market to Surpass US$ 17 Bn by 2031
A newly updated report by Persistence Market Research projects the global market for bioplastics packaging to pull in revenue of US$ 17 Bn by 2031. The market is anticipated to attain this value by clocking a phenomenal CAGR of 14% from 2021 and 2031.
A small number of companies operate in the global market for bioplastics packaging, and competition among them is intense. A noticeable trend in the market is the…
Conformal Coatings Market to Cross US$ 17 Bn by 2030
Albany, NY - Conformal Coatings Market: Introduction
In terms of value, the global conformal coatings market is anticipated to expand at a CAGR of ~5% from 2020 to 2030 and cross US$ 17 Bn by 2030. Asia Pacific dominated the global conformal coatings market in terms of value in 2019. It is estimated to be the leading region of the global conformal coatings market during the forecast period. The aerospace industry…
Sports Supplements Market to Approach US$ 17 Bn by 2025
Persistence Market Research (PMR), in its recent outlook titled, “Sports Supplements Market: Global Industry Analysis 2012-2016 and Forecast 2017-2025”, has presented revised forecasts of the global sports supplements market that covers various angles necessary to gauge the market scenario in the present timeline as well as few years down the line. The reader can assess the market and can prioritize his moves basis the intelligence and actionable insights provided in…
Global Hemophilia Treatment Market US$ 17 Billion by 2023
The global hemophilia treatment market to attain US$ 17 Billion by 2023, growing at a CAGR of 5.5% over the forecast period.
While less than 1 million people suffer from hemophilia A or B globally, they are among some of the most costly patients to treat because of frequent transfusions, costly medicines and often have a poor health prognosis, particularly in the absence of treatment. There are ~39,000 patients with haemophilia…
Phenol Market Will Surpass US$ 17 Bn by 2025
Phenol is an aromatic compound commonly known as carbolic acid that has a similar structure to alcohol but with higher levels of acidity. The global phenol market is driven in large part by the surging demand for bisphenol – A.
The demand in the global phenol market is substantially influenced by general macroeconomic factors and thus, the consumption of phenol has a direct relation to the growth patterns of major…
Phenol Market to Touch US$ 17 Billion by 2022
The companies profiled in the phenol market report include ALTIVIA Chemicals, Ineos Group Limited, Domo Investment Group, Deepak Nitrite Limited, CEPSA Química, PTT Global Chemical Public Company Limited, Solvay SA, Mitsui Chemicals, AdvanSix Inc., and Royal Dutch Shell
Phenol is an aromatic compound commonly known as carbolic acid that has a similar structure to alcohol but with higher levels of acidity. The global phenol market is driven in large part by…
