Wireless Power Transmission

World Market Report

MCP15679

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DATE

JAN 2023

TABLES

65

PAGES

294

EDITION

7

PRICE

USD 4950

CODE

MCP15679


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HIGHLIGHTS & REPORT INDEX

What`s New for 2023?

» Special coverage on Russia-Ukraine war; global inflation; easing of "zero-Covid" policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
» Global competitiveness and key competitor percentage market shares
» Market presence across multiple geographies - Strong/Active/Niche/Trivial
» Online interactive peer-to-peer collaborative bespoke updates
» Access to our digital archives and MarketGlass Research Platform
» Complimentary updates for one year

Looking Ahead to 2023

The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet. Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China’s already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

Global Wireless Power Transmission Market to Reach $24.1 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Wireless Power Transmission estimated at US$5.9 Billion in the year 2020, is projected to reach a revised size of US$24.1 Billion by 2027, growing at aCAGR of 22.4% over the period 2020-2027. Near-Field, one of the segments analyzed in the report, is projected to record 22% CAGR and reach US$19.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Far-Field segment is readjusted to a revised 24.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 25.2% CAGR
The Wireless Power Transmission market in the U.S. is estimated at US$1.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.5 Billion by the year 2027 trailing a CAGR of 25.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.9% and 20.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 20.7% CAGR.

SELECT PLAYERS

Integrated Device Technology, Inc.; Qualcomm, Inc.; Samsung Electronics Co., Ltd.; TDK Corporation; Texas Instruments, Inc.; Witricity Corporation

SEGMENTS

» Technology (Near-Field, Far-Field) » Application (Consumer Electronics, Industrial Applications, Automotive, Other Applications)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

TABLE OF CONTENTS

1. MARKET OVERVIEW
Impact of COVID-19 Pandemic and Looming Global Recession; Living with COVID-19, the New Normal
Stagflation and Risk of Recession: New Challenges Emerge for the Global Market in 2022 & 2023
EXHIBIT: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
Competitive Scenario
Wireless Power Transmission – Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for 51 Players Worldwide in 2022 (E)
Select Innovations & Advancements
Emrod’s Technology Key to Developing Long Range Wireless Power Transmission
Global Wireless Power Transmission Market Set to Deliver Electrifying Performance: Prospects & Outlook
COVID-19 Pandemic as Market Disruptor
Analysis by Technology: Near-Field Technology; Powerful Segment of Wireless Power Transmission Market
EXHIBIT: World Wireless Power Transmission Market by Technology (2021 & 2027): Percentage Breakdown of Revenues for Near-Field and Far-Field
Analysis by Application: Consumer Electronics Maintains Lead
EXHIBIT: World Wireless Power Transmission Market by Application (2021 & 2027): Percentage Breakdown of Revenues for Consumer Electronics, Industrial Applications, Automotive, and Other Applications
Regional Analysis
EXHIBIT: World Wireless Power Transmission Market: Percentage Breakdown of Revenues for Developed and Developing Regions for the Years 2021 & 2027
EXHIBIT: World Wireless Power Transmission Market - Geographic Regions Ranked by CAGR (Revenues) for 2020-2027: China, Asia-Pacific, USA, Europe, Canada, Rest of World, and Japan
Wireless Power Transmission: An Introduction
Near- & Far-Field Regions for Wireless Power
Atmospheric Plasma Channel Coupling
Power Harvesting
Intriguing Applications Transforming Industries
Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Where is the Wireless Power Transmission Market Leading?
Revolution in Power Transmission: Prerequisite for Next Wave of Digital Revolution
Key Developments and Advancements in the Wireless Charging Market
Advent of Innovative Technologies Fuel Demand for Wireless Energy Transmission Systems
Wireless Charging and Chargers: The Latest Buzzword
Select Innovative Charging Technologies: Commercialized and Developmental
A Peek into Wireless Charging Technologies
Rising Interest in Fast Chargers for Auto and Smartphone Applications
Strong Impetus from Electronics Industry: A Key Market Driver
EXHIBIT: Global Opportunity for Consumer Electronics (In US$ Million) for Years 2020, 2022, 2024, 2026 and 2028
Rising Use of Wearable Devices Augurs Well for the Market
EXHIBIT: Global Electronic Wearables Shipments (In Million Units) for Years 2020, 2022, 2024 & 2026
EXHIBIT: Global Wearable Electronics Market Breakdown of Unit Sales (in %) by Region (2018 & 2022)
EXHIBIT: Global Wearables Shipments Breakdown (in %) by Product for 2020 & 2024
Wireless Chargers to Gain Significant Adoption
Charging Solutions for Smartphones
EXHIBIT: Worldwide Smartphone Sales (in Million Units) by Geographic Region/Country for the Years 2018 & 2022
EXHIBIT: Smartphone Adoption Worldwide by Region (in %): 2018 & 2025
Growing Demand for Mobile Computing Devices to Spur Demand
Rise in Home Entertainment Spending Drives Opportunities
EXHIBIT: Leading Streaming Services by Subscriber Base (in Million): 2020
EXHIBIT: Global SVOD Services Market Breakdown of Subscriber Base (in %) by Service Provider: 2021E
EXHIBIT: Global Number of SVoD Subscribers (In Million): 2015-2024
Long-Distance Energy Transfer: Key Focus Area for Technology Developers
New Zealand to Deploy Long-Range Wireless Energy Infrastructure Prototype
Rising Production of EVs to Drive Uptake of Wireless Power Transmission Market
EXHIBIT: World Automotive Cockpit Electronics Market by Product (2021 & 2027): Percentage Breakdown of Sales for Infotainment & Navigation, Information Display, Instrument Cluster, Telematics, HUD, and Other Products
EXHIBIT: Global Electric Vehicle Sales % Change in 2020
EXHIBIT: Global Electric Passenger Car Stock (In Million Units) for the Years 2017, 2018, 2019, 2020 & 2025P
Dynamic Wireless Power Transfer for Electric Vehicles
Wireless Charging Catches Attention of Car Companies
Innovative Charger Designs Emerge for Motorcycles and Cars
Wireless Power Transfer Technology Using Infrared Light to Revolutionize Smart Home and Cities
Growing Smart Homes Catalyze Demand for Wireless Chargers and Power Transmission Devices
EXHIBIT: Growth in Total Number of Smart Homes (In Millions) for the Years 2019, 2021, 2023, 2025 & 2026
EXHIBIT: Global Smart Home Market Breakdown by Technology (in %) for 2018 and 2022
EXHIBIT: Global Market for Smart City Technologies in US$ Million for the Years 2020 and 2027
Favorable Demographic & Socio-Economic Trends Strengthen Market Prospects
Rapid Growth in Urban Households
EXHIBIT: World Urban Population in Millions: 1950-2050
EXHIBIT: Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030, and 2050
Growing Affluence of Middle Class Consumer Segment
EXHIBIT: Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
EXHIBIT: Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, and 2030
Rising Living Standards
Increasing Concerns for Preserving Ecological Balance Fuel Demand for Wireless Power Transmission Devices
Using Infrared Laser Light Technology to Power Small Sensors Wirelessly
Far-field Wireless using Electromagnetism to Transfer Power across 100 Feet
4. GLOBAL MARKET PERSPECTIVE
World Wireless Power Transmission Market Analysis of Annual Sales in US$ Million for Years 2020 through 2027
World Recent Past, Current & Future Analysis for Wireless Power Transmission by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Wireless Power Transmission by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Near-Field by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Near-Field by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Far-Field by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Far-Field by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Consumer Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Consumer Electronics by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Industrial Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Industrial Applications by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
UNITED STATES
Wireless Power Transmission Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
USA Recent Past, Current & Future Analysis for Wireless Power Transmission by Technology - Near-Field and Far-Field - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
USA 7-Year Perspective for Wireless Power Transmission by Technology - Percentage Breakdown of Value Revenues for Near-Field and Far-Field for the Years 2021 & 2027
USA Recent Past, Current & Future Analysis for Wireless Power Transmission by Application - Consumer Electronics, Industrial Applications, Automotive and Other Applications - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
USA 7-Year Perspective for Wireless Power Transmission by Application - Percentage Breakdown of Value Revenues for Consumer Electronics, Industrial Applications, Automotive and Other Applications for the Years 2021 & 2027
CANADA
Canada Recent Past, Current & Future Analysis for Wireless Power Transmission by Technology - Near-Field and Far-Field - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Canada 7-Year Perspective for Wireless Power Transmission by Technology - Percentage Breakdown of Value Revenues for Near-Field and Far-Field for the Years 2021 & 2027
Canada Recent Past, Current & Future Analysis for Wireless Power Transmission by Application - Consumer Electronics, Industrial Applications, Automotive and Other Applications - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Canada 7-Year Perspective for Wireless Power Transmission by Application - Percentage Breakdown of Value Revenues for Consumer Electronics, Industrial Applications, Automotive and Other Applications for the Years 2021 & 2027
JAPAN
Wireless Power Transmission Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
Japan Recent Past, Current & Future Analysis for Wireless Power Transmission by Technology - Near-Field and Far-Field - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Japan 7-Year Perspective for Wireless Power Transmission by Technology - Percentage Breakdown of Value Revenues for Near-Field and Far-Field for the Years 2021 & 2027
Japan Recent Past, Current & Future Analysis for Wireless Power Transmission by Application - Consumer Electronics, Industrial Applications, Automotive and Other Applications - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Japan 7-Year Perspective for Wireless Power Transmission by Application - Percentage Breakdown of Value Revenues for Consumer Electronics, Industrial Applications, Automotive and Other Applications for the Years 2021 & 2027
CHINA
China Recent Past, Current & Future Analysis for Wireless Power Transmission by Technology - Near-Field and Far-Field - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
China 7-Year Perspective for Wireless Power Transmission by Technology - Percentage Breakdown of Value Revenues for Near-Field and Far-Field for the Years 2021 & 2027
China Recent Past, Current & Future Analysis for Wireless Power Transmission by Application - Consumer Electronics, Industrial Applications, Automotive and Other Applications - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
China 7-Year Perspective for Wireless Power Transmission by Application - Percentage Breakdown of Value Revenues for Consumer Electronics, Industrial Applications, Automotive and Other Applications for the Years 2021 & 2027
EUROPE
Wireless Power Transmission Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
Europe Recent Past, Current & Future Analysis for Wireless Power Transmission by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Wireless Power Transmission by Geographic Region - Percentage Breakdown of Value Revenues for France, Germany, Italy, UK and Rest of Europe Markets for Years 2021 & 2027
Europe Recent Past, Current & Future Analysis for Wireless Power Transmission by Technology - Near-Field and Far-Field - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Wireless Power Transmission by Technology - Percentage Breakdown of Value Revenues for Near-Field and Far-Field for the Years 2021 & 2027
Europe Recent Past, Current & Future Analysis for Wireless Power Transmission by Application - Consumer Electronics, Industrial Applications, Automotive and Other Applications - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Wireless Power Transmission by Application - Percentage Breakdown of Value Revenues for Consumer Electronics, Industrial Applications, Automotive and Other Applications for the Years 2021 & 2027
FRANCE
France Recent Past, Current & Future Analysis for Wireless Power Transmission by Technology - Near-Field and Far-Field - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
France 7-Year Perspective for Wireless Power Transmission by Technology - Percentage Breakdown of Value Revenues for Near-Field and Far-Field for the Years 2021 & 2027
France Recent Past, Current & Future Analysis for Wireless Power Transmission by Application - Consumer Electronics, Industrial Applications, Automotive and Other Applications - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
France 7-Year Perspective for Wireless Power Transmission by Application - Percentage Breakdown of Value Revenues for Consumer Electronics, Industrial Applications, Automotive and Other Applications for the Years 2021 & 2027
GERMANY
Germany Recent Past, Current & Future Analysis for Wireless Power Transmission by Technology - Near-Field and Far-Field - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Germany 7-Year Perspective for Wireless Power Transmission by Technology - Percentage Breakdown of Value Revenues for Near-Field and Far-Field for the Years 2021 & 2027
Germany Recent Past, Current & Future Analysis for Wireless Power Transmission by Application - Consumer Electronics, Industrial Applications, Automotive and Other Applications - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Germany 7-Year Perspective for Wireless Power Transmission by Application - Percentage Breakdown of Value Revenues for Consumer Electronics, Industrial Applications, Automotive and Other Applications for the Years 2021 & 2027
ITALY
Italy Recent Past, Current & Future Analysis for Wireless Power Transmission by Technology - Near-Field and Far-Field - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Italy 7-Year Perspective for Wireless Power Transmission by Technology - Percentage Breakdown of Value Revenues for Near-Field and Far-Field for the Years 2021 & 2027
Italy Recent Past, Current & Future Analysis for Wireless Power Transmission by Application - Consumer Electronics, Industrial Applications, Automotive and Other Applications - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Italy 7-Year Perspective for Wireless Power Transmission by Application - Percentage Breakdown of Value Revenues for Consumer Electronics, Industrial Applications, Automotive and Other Applications for the Years 2021 & 2027
UNITED KINGDOM
UK Recent Past, Current & Future Analysis for Wireless Power Transmission by Technology - Near-Field and Far-Field - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
UK 7-Year Perspective for Wireless Power Transmission by Technology - Percentage Breakdown of Value Revenues for Near-Field and Far-Field for the Years 2021 & 2027
UK Recent Past, Current & Future Analysis for Wireless Power Transmission by Application - Consumer Electronics, Industrial Applications, Automotive and Other Applications - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
UK 7-Year Perspective for Wireless Power Transmission by Application - Percentage Breakdown of Value Revenues for Consumer Electronics, Industrial Applications, Automotive and Other Applications for the Years 2021 & 2027
REST OF EUROPE
Rest of Europe Recent Past, Current & Future Analysis for Wireless Power Transmission by Technology - Near-Field and Far-Field - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of Europe 7-Year Perspective for Wireless Power Transmission by Technology - Percentage Breakdown of Value Revenues for Near-Field and Far-Field for the Years 2021 & 2027
Rest of Europe Recent Past, Current & Future Analysis for Wireless Power Transmission by Application - Consumer Electronics, Industrial Applications, Automotive and Other Applications - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of Europe 7-Year Perspective for Wireless Power Transmission by Application - Percentage Breakdown of Value Revenues for Consumer Electronics, Industrial Applications, Automotive and Other Applications for the Years 2021 & 2027
ASIA-PACIFIC
Wireless Power Transmission Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
Asia-Pacific Recent Past, Current & Future Analysis for Wireless Power Transmission by Technology - Near-Field and Far-Field - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Asia-Pacific 7-Year Perspective for Wireless Power Transmission by Technology - Percentage Breakdown of Value Revenues for Near-Field and Far-Field for the Years 2021 & 2027
Asia-Pacific Recent Past, Current & Future Analysis for Wireless Power Transmission by Application - Consumer Electronics, Industrial Applications, Automotive and Other Applications - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Asia-Pacific 7-Year Perspective for Wireless Power Transmission by Application - Percentage Breakdown of Value Revenues for Consumer Electronics, Industrial Applications, Automotive and Other Applications for the Years 2021 & 2027
REST OF WORLD
Rest of World Recent Past, Current & Future Analysis for Wireless Power Transmission by Technology - Near-Field and Far-Field - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of World 7-Year Perspective for Wireless Power Transmission by Technology - Percentage Breakdown of Value Revenues for Near-Field and Far-Field for the Years 2021 & 2027
Rest of World Recent Past, Current & Future Analysis for Wireless Power Transmission by Application - Consumer Electronics, Industrial Applications, Automotive and Other Applications - Independent Analysis of Annual Revenues in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of World 7-Year Perspective for Wireless Power Transmission by Application - Percentage Breakdown of Value Revenues for Consumer Electronics, Industrial Applications, Automotive and Other Applications for the Years 2021 & 2027

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