Microwave Power Transmission System Market Is Expected to Reach 12300 Million US$ by 2025 – QY Research
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City of Industry, CA -- (SBWire) -- 08/08/2018 --This report presents the worldwide Microwave Power Transmission System market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Microwave transmission is the transmission of information or energy by microwave radio waves. Although an experimental 40-mile (64 km) microwave telecommunication link across the English Channel was demonstrated in 1931, the development of radar in World War II provided the technology for practical exploitation of microwave communication. In the 1950s, large transcontinental microwave relay networks, consisting of chains of repeater stations linked by line-of-sight beams of microwaves were built in Europe and America to relay long distance telephone traffic and television programs between cities. Communication satellites which transferred data between ground stations by microwaves took over much long distance traffic in the 1960s. In recent years, there has been an explosive increase in use of the microwave spectrum by new telecommunication technologies such as wireless networks, and direct-broadcast satellites which broadcast television and radio directly into consumers' homes.
The inductive technology captured the largest share of the wireless power transmission market. However, the magnetic resonance has a competitive advantage over the inductive technology as it offers long range power and multiple devices charging capabilities. Along with these two technologies, far-field technologies such as microwave (RF) and laser/infrared-based power transmission would expect to revolutionize the market for wireless power transmission in the near future. Microwave (RF) and laser/infrared-based power transmission is at the nascent research and development stage and expected to be commercialized in the next one or two years. The inductive technology is in the growth stage, while the magnetic resonate technology is in the introductory phase; however, the market for both is expected to grow in the future.
The Microwave Power Transmission System market was valued at 2610 Million US$ in 2017 and is projected to reach 12300 Million US$ by 2025, at a CAGR of 21.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Microwave Power Transmission System.
The following manufacturers are covered in this report:
Qualcomm, Inc.
Samsung Electronics Co., Ltd.
TDK Corporation
Texas Instruments, Inc.
Nucurrent, Inc.
Powermat Technologies, Ltd.
Powerbyproxi, Ltd.
Witricity Corporation
Convenientpower Hk, Ltd.
Salcomp PLC
Microwave Power Transmission System Breakdown Data by Type
Induction
Magnetic Resonance
Microwave Power Transmission System Breakdown Data by Application
Standalone Chargers
Automotive (In Vehicle)
Electric Vehicle Charging
Furniture
Industrial
Microwave Power Transmission System Production by Region
United States
Europe
China
Japan
Other Regions
Other Regions
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