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    Home > Chemicals Industry > International Chemical > 2019-25 Global Wireless Power Transfer Market Grows 23.1% Year-on-Year

    2019-25 Global Wireless Power Transfer Market Grows 23.1% Year-on-Year

    • Last Update: 2023-01-02
    • Source: Internet
    • Author: User
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    According to a report released this month by Research and Markets, an international market research institution, the global wireless power transmission market will grow at a compound annual growth rate of 23.
    1% from 2019 to 2025, and it is expected that by 2025, the global wireless power transmission market is expected to exceed $16.
    2 billion.

    Wireless Power Transfer (WPT) is a new technology
    that is currently evolving in the world.
    The most common method used today for wireless power transfer is inductive coupling
    .
    Currently, charging electronics is the easiest, eliminating the hassle
    of using conservative copper cables and current-carrying wires via wireless power transfer.
    Inductive coupling technology is used because it is currently the simplest method of wireless power transfer, with high capacity and a large amount of energy transfer capacity
    .

    In recent years, through the use of various technologies, there have been more possibilities to transmit power through wireless media, depending on the transmission range that the technology will change, such as applications using WPT technology through RF beams, WPT for wireless sensor networks, WPT in pipelines, microwave buildings, wireless chargers for mobile devices, WPT for moving/flying targets, wireless power transfer boards, wireless charging for electric vehicles, point-to-point WPT and solar
    satellites.

    The global wireless power transmission market is competitive
    due to the diversity of international, regional, and local players.
    However, some international players occupy major market shares
    due to their brand image and market share.
    However, the high market growth and favorable government policies have further attracted more market players while strengthening competitors
    .
    It is expected that by 2025, Samsung Electronics, WiTricity, TDK of Japan, Murata Manufacturing, Fulton, Energous, Texas Instruments, etc.
    will become the world's leading wireless power transfer solution suppliers
    .

    According to a report released this month by Research and Markets, an international market research institution, the global wireless power transmission market will grow at a compound annual growth rate of 23.
    1% from 2019 to 2025, and it is expected that by 2025, the global wireless power transmission market is expected to exceed $16.
    2 billion.

    Wireless power transmission

    Wireless Power Transfer (WPT) is a new technology
    that is currently evolving in the world.
    The most common method used today for wireless power transfer is inductive coupling
    .
    Currently, charging electronics is the easiest, eliminating the hassle
    of using conservative copper cables and current-carrying wires via wireless power transfer.
    Inductive coupling technology is used because it is currently the simplest method of wireless power transfer, with high capacity and a large amount of energy transfer capacity
    .

    In recent years, through the use of various technologies, there have been more possibilities to transmit power through wireless media, depending on the transmission range that the technology will change, such as applications using WPT technology through RF beams, WPT for wireless sensor networks, WPT in pipelines, microwave buildings, wireless chargers for mobile devices, WPT for moving/flying targets, wireless power transfer boards, wireless charging for electric vehicles, point-to-point WPT and solar
    satellites.

    The global wireless power transmission market is competitive
    due to the diversity of international, regional, and local players.
    However, some international players occupy major market shares
    due to their brand image and market share.
    However, the high market growth and favorable government policies have further attracted more market players while strengthening competitors
    .
    It is expected that by 2025, Samsung Electronics, WiTricity, TDK of Japan, Murata Manufacturing, Fulton, Energous, Texas Instruments, etc.
    will become the world's leading wireless power transfer solution suppliers
    .

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