London, UK (PRWEB) September 03, 2014
The wireless power transmission market has seen huge technological breakthroughs in the recent past, especially with respect to the power transmission efficiency. The transfer efficiency of the wireless power transmission system has increased from around 65% at the initial stage of this technology’s development to 85%. The market is gathering momentum due to the ease of use of the technology as well as the limitations of wired power transmission. Consumer electronics, followed by the automotive segment, hold the largest share of the demand. The wireless power transmission market revenue is forecast to grow at 60.49% CAGR during 2014-2020. The market growth is mainly driven by the significant demand from the battery-operated devices globally. The share of the Asia-Pacific region in the overall market was 38.24% in 2013, and it will likely grow at 62.95% CAGR through to 2020.
The dominant companies involved in the wireless power transmission sector include Murata Manufacturing Co., Ltd., ConvenientPower HK Ltd., Integrated Device Technology, Inc., Texas Instruments Inc., Energizer Holdings Inc., Leggett & Platt, Inc., Plugless Power, Powermat Technologies Ltd., QUALCOMM Inc., and Witricity Corp.
Topical research report “Wireless Power Transmission Market by transmission technology (Induction, Radiation), type, and range; by application (consumer electronics, industrial, automotive, healthcare, and defense), and by geography - forecast and analysis (2013-2020)” worked out by MarketsandMarkets (M&M) is now available at MarketPublishers.com.
Title: Wireless Power Transmission Market by transmission technology (Induction, Radiation), type, and range; by application (consumer electronics, industrial, automotive, healthcare, and defense), and by geography - forecast and analysis (2013-2020)
Published: August, 2014
Price: US$ 4,650.00
The research publication thoroughly investigates the global wireless power transmission market, segmented based on transmission type, transmission range, transmission technology, application, and geography. The study contains the important market data and information regarding the market drivers, challenges, prevailing trends, and lucrative opportunities, leading market players as well as the competitive scene. It presents comprehensive profiles of 10 companies, including their general overview, products & services, financials, SWOT analysis, strategies, and most recent developments. The research report describes the value chain for the market by taking in consideration all the major stakeholders alongside their roles being played. Porter’s five forces analysis of the wireless power transmission sector is available, too.
More topical research reports by the publisher can be found at MarketsandMarkets page.