Global
Wireless Power
Transmission Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2014-2020
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Report
Description
Report Description
Wireless power transmission (WPT) or wireless power transfer refers to the transfer of energy or
power from one place to another without being connecting through wires. In this,
electromagnetic energy is transferred from power sources to electric loads.
Wired transmission is the most commonmode of transmitting electrical energy. Its main
drawback, the loss of energy during transmission, drives the demand for wireless power
transmission. Being fast and consistent, WPT can be used both for short and long range
transmissions. A major advantage of WPT is low maintenance cost. However, there is a high
initial cost i.e. capital cost involved in implementing the WPT. Another disadvantage is
interference of microwaves with current communication systems. WPT is generally used for
transfer of energy to remote areas. Major application of WPT is in consumer electronics goods
such aslaptops, tablets and smartphones. The largest application of WPT is in solar-power
satellites. WPT is also used in fuel-free aircrafts, fuel-free electric automobiles, robots and fuelfree rockets.
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Globally, WPT technology is being accepted positively, outdated wired power transmission tools
are being replaced with the latest technology. Countries likethe U.S.are investing high on the
adoption of WPT technology, to take full advantage of their power system networks and reduce
the installation cost of overhead cables. This technology is still in its initial stage, which
providesa huge opportunity for new entrants to enter this market,conditional to their
acceptance of the high capital cost. The main drivers for the market area huge demand by the
battery functioned devices globally and decrease in high tension on Head Cables.
Report
Description
Report Description
Market is expected to show a double digit growth rate in coming five years (2015-2020).
The growth is majorly driven by need of technological advancement and new wireless
power transmission applications such as solar-power satellites.
Market segmentation for WPT is basedon application, technology,transmission types,
transmission range andgeography. The application segment includes consumer
electronics, healthcare, automotive and defence. Consumer electronics are further subdivided into mobile phones, tablets, laptops and wearable electronics. Technological
segmentation includes near-field or non-radioactive techniques and far-field or
radioactive techniques.On the basis of transmission types, the market is segmented into
devices with and without battery. The market is also segmented on the basis of
transmission range which include short, medium and long ranges. The regional or
geographical segmentation includes regions such as North America, Latin America, Asia
Pacific, Japan, Western Europe, Eastern Europe, and Middle East & Africa.
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Majorplayersinvolved in the wireless power transmission market are Qualcomm, Leggett
& Platt, ConvenientPower HK, Energizer Holdings, Inc. and Integrated Device Technology,
Inc. Other important companies are Powermat Technologies Ltd., Plugless Power, Texas
Instruments, Murata Manufacturing Co., Ltd. and WiTricity. The common strategy
adopted by players are product development and a focus on research & development
activities.
Report
Description
Report Description
WPT technology helps make life easy and comfortable. WPT is much better than
thetraditional form of power transmission. It’s an efficient technology which helpsin
decreasingenergy crises and energy loss. In the near future,the world will completely
shift towards wireless technologyand use of wireless devices, as well as wireless power
transmission, will be evermore, creatinga good opportunity for players in this market.
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