Wireless Power Transmission Market To See 60.49% CAGR Globally to 2020 Says a New Research Report Available at RnRMarketResearch.com
(PRWEB) August 06, 2014 -- Wireless power transmission is starting to see more extensive acknowledgement in the industry and will turn into an inexorably pervasive manifestation of charging for various devices. The coordination of wireless power technology into portable devices is now coming to fruition through institutionalization on an overall scale. The innovation is empowering attachment free and contact less charging for an extensive variety of gadgets and devices.
Companies involved in the development of wireless power technology have come together to form a group, so as to develop a standard for wireless power technology. These groups are WPC (Wireless Power Consortium), A4WP (Alliance for Wireless Power), and PMA (Power Matters Alliance). A4WP is working on standards for resonance while PMA (earlier working on standards for induction) has also announced to move towards the development of standards for resonance. It has been estimated that by the end of 2014 product based on A4WP standards for resonance will be available in the market. Wireless power transmission market is expected to grow at a CAGR of 60.49% from 2014 to 2020. Asia Pacific accounts a wireless power transmission market share of approximately 38.24% in 2013, and is expected to grow at a CAGR of 62.95% from 2014 to 2020. Complete report is available at http://www.rnrmarketresearch.com/wireless-power-transmission-market-by-transmission-technology-induction-radiation-type-and-range-by-application-consumer-electronics-industrial-automotive-healthcare-and-defense-and-by-ge-market-report.html .
Key Takeaways:
The total revenue of the wireless power transmission market is expected to grow at an estimated CAGR of 60.49% from 2014 to 2020.
Analysis of wireless power transmission market with special focus on high growth application segment.
Wireless power transmission market includes: statistics by transmission technology, transmission type, transmission rage, application and geography with detailed classification splits by revenue.
Illustrative segmentation, analysis, and forecast of the major geographical and application markets to give an overall view of the wireless power transmission market.
Detailed competitive landscape which includes: key players, in-depth analysis, and individual companies revenue.
The leading players of this industry include Convenient Power HK Limited, Energizer Holding Inc, Integrated Device Technology, Leggett & Platt Inc, Murata Manufacturing Co. Ltd, Murata Manufacturing Co. Ltd, Powermat, Plugless Power, Qualcomm Inc, exas Instruments Inc and Witricity Corporation. Order a copy of this report at http://www.rnrmarketresearch.com/contacts/purchase?rname=201945 .
The obstructions to the adoption of wireless power transmission are lifting and confirmation is building that wireless power technology will be commercially well disposed innovation by the end of this decade. The “Wireless Power Transmission Market – Forecast and Analysis (2013-2020)” report captures the market insights in terms of the market size and forecast for the period of 2013-2020. The report is segmented on the basis of transmission technology, transmission type, transmission range, application and geography. The geographical segment of the report covers the four major regions, which includes: North Americas, Europe, APAC, and Rest of the World (ROW). This report also details the market on the basis of the key drivers, restraints, opportunities; and includes the profiles of the players involved in the arena of wireless power transmission market. Priced at US$4650 for a single user PDF, a discount on this research report can be requested at http://www.rnrmarketresearch.com/contacts/discount?rname=201945 .
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