MarkNtel Advisors Predicts Wireless Power Transmission Market to Surge to USD 7,916 Million in 2024 at 18.19% CAGR

Business Mar 7, 2025 8 Add to Reading List

Market Overview:

MarkNtel Advisors has released a new report that highlights the strong growth trajectory of the Wireless Power Transmission Market, The Global Wireless Power Transmission Market size was valued at USD 7,916 Million in 2024 and is estimated to grow at a CAGR of around 18.19% during the forecast period, i.e., 2024-30. Along with this, the market is estimated to grow at a CAGR of around 18.19% during the forecast period. Various factors are attributed to the growth of the market like growth in automobile production, growing focus on lightweight & sustainable materials, rising demand for luxury & customized interiors, increasing focus on safety standards, and the adoption of Advanced Driver Assistance Systems (ADAS). The report provides valuable insights into the drivers, trends, and challenges shaping the future of the Wireless Power Transmission Market. It offers an in-depth look at the key players, geographical performance, and the segments leading the charge in market share.

Industry Outlook & Forecasts:

Forecast Period: 2024-2030
Market Size in 2024: USD 7,916 Million
CAGR (2024-2030): 18.19%

Key Perks: “In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecasts for the years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.”

Request for a Free PDF Sample of the Report – https://www.marknteladvisors.com/query/request-sample/wireless-power-transmission-market.html

Global Wireless Power Transmission Market Segmentation Breakdown:

The Wireless Power Transmission Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

- By Type
  - Devices with Battery- Market Size & Forecast 2019-2030F, USD Million
  - Devices without Battery- Market Size & Forecast 2019-2030F, USD Million
- By Transmission Range
  - Short- Market Size & Forecast 2019-2030F, USD Million
  - Medium- Market Size & Forecast 2019-2030F, USD Million
  - Long- Market Size & Forecast 2019-2030F, USD Million
- By Technology
  - Near-field Technology- Market Size & Forecast 2019-2030F, USD Million
    - Magnetic Resonance Technology- Market Size & Forecast 2019-2030F, USD Million
    - Conductive/Capacitive Coupling- Market Size & Forecast 2019-2030F, USD Million
    - Inductive Technology- Market Size & Forecast 2019-2030F, USD Million
  - Far-field Technology- Market Size & Forecast 2019-2030F, USD Million
    - Infrared/Laser- Market Size & Forecast 2019-2030F, USD Million
    - Microwave/Radio Frequency- Market Size & Forecast 2019-2030F, USD Million
  - By Application
    - Receiver Application- Market Size & Forecast 2019-2030F, USD Million
      - Smartphones- Market Size & Forecast 2019-2030F, USD Million
      - Tablets- Market Size & Forecast 2019-2030F, USD Million
      - Wearable Electronics- Market Size & Forecast 2019-2030F, USD Million
      - Electric Vehicle Charging- Market Size & Forecast 2019-2030F, USD Million
      - Others (Consumer Electronics, Notebooks, etc.)- Market Size & Forecast 2019-2030F, USD Million
    - Transmitter Application- Market Size & Forecast 2019-2030F, USD Million
      - Standalone Chargers- Market Size & Forecast 2019-2030F, USD Million
      - Automotive (In-vehicle Charging System)- Market Size & Forecast 2019-2030F, USD Million
      - Furniture- Market Size & Forecast 2019-2030F, USD Million
      - Industrial- Market Size & Forecast 2019-2030F, USD Million
    - By End Users
      - Consumer
        
        Smart Home Devices
        
        Home Security
        
        Consumer Electronics
      - Automotive
        
        Convenience (Hand-free Charging)
        
        Sensors
      - Industrial IoT
        
        Supply Chain
        
        Factory Floor
        
        Security & Safety
        
        Others (Healthcare, Defense, etc.)

Consumer electronics under the segment consumer account for a substantial share of the Wireless Power Transmission Market, as they are mass-produced and have stable global demand.

By Implementation
- Aftermarket- Market Size & Forecast 2019-2030F, USD Million
- Integrated- Market Size & Forecast 2019-2030F, USD Million

Geographical Growth Insights:

By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia Pacific

Asia-Pacific is anticipated to dominate the Wireless Power Transmission Market during the estimated years.

MarkNtel Advisors Highlights Key Market Drivers for Wireless Power Transmission Market:

Surging Adoption of Consumer Electronics to Augment Market Growth – In recent years, the adoption of smartphones, laptops, tablets, wearable devices, and other portable electronic devices has increased, thus enhancing the demand for wireless solutions for charging due to convenience, mobility, easy accordance, and handy operations. Over the past years, smartphones have been one of the largest receiver electronic devices for wireless power transmission technology due to the inductive wireless power transmission in several smartphones. Google Nexus phones, Motorola Droid phones, and Samsung Galaxy Series are a few major smartphones that provide wireless charging abilities.

Moreover, wireless connectivity technologies are being used at the maximum rate. Consumers expect wireless services everywhere, such as digital cameras, smartphones, notebooks, and MP3 players. Furthermore, consumer’s increasing tendency to “go wireless” aids in driving the Global Wireless Power Transmission Market during the forecast period.

A Comprehensive Analysis of Leading Companies in Global Wireless Power Transmission Market

Ossia Inc.
Energous Corporation
Wi-Charge Ltd.
Texas Instruments
Qualcomm Inc.
Semtech Corporation
Humavox Ltd.
Toshiba Corporation
Fulton Innovation LLC
Convenient Power HK
Energizer Holdings, Inc.
Plugless Power
Murata Manufacturing Co., Ltd.
Powermat Technologies Ltd.
WiTricity
Others

Explore More About This Research Report @ https://www.marknteladvisors.com/research-library/wireless-power-transmission-market.html

What are the Possible Restraint driving the Global Wireless Power Transmission Market?

Challenges in Wireless Transmission Capabilities Pose Obstacles to the Expansion of the Wireless Power Transmission Market – Wireless transmission presents a viable solution to address heightened power usage, but it is limited by battery capacity and runs actively for only a short period of time. As a result, the endurance or minimal power usage associated with wireless power transfer continues to be a key commercial barrier. Moreover, any obstructions between the transmitter and receiver can disrupt the functionality of wireless transmission. Therefore, despite advancements in battery and energy-efficient technologies, employing wireless power transfer to energize sensor nodes remains a challenge.

Inductive coupling is most efficient over short distances, but obtaining longer ranges requires durable coupled magnetic resonance, which incurs significant infrastructure costs. These factors are expected to have a negative influence on market growth over the forecast period.

“Report Delivery Format: Market research reports from MarkNtel Advisors are available in PDF, Excel, and PowerPoint formats. Once payment is successfully processed, the report will be delivered to your email address within 24 hours”

Note: If you need additional information not included in the report, we can customize it to suit your requirements.

Contact Our Analysts for Brochure Requests, Customization, or Any Pre-Purchase Inquiries: https://www.marknteladvisors.com/query/request-customization/wireless-power-transmission-market.html

About Us –

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

More Research Studies:

GCC Laundry Chemicals Market size is valued at around USD 1.49 billion in 2024and is further expected to grow at a CAGR of around 3.6% during the forecast period 2025-30.
Dry Yeast Market size was valued at around USD 5.3 billion in 2024and is projected to reach USD 8.8 billion by 2030. Along with a CAGR of around 9%.
Vinegar Market size valued at USD 4.5 billion in 2024& is projected to reach USD 5.9 billion by 2030, growing at a CAGR of 4.5%. Explore more!