Stratagem Market Insights

Wireless Power Transmission Market 2019: Analysis, Overview, Growth Status, Demand and Forecast Research Report (2019 – 2026)


Seattle, WA -- (SBWIRE) -- 11/21/2019 -- Wireless power transmission is a process of transmitting electrical energy to an electrical load from a power source without connecting wires. Wireless power transmission is an efficient, reliable, low maintenance cost, and fast. It can be used for both short-range and long-range applications such as charging mobiles and laptops wirelessly. The hardware required for wireless power transmission two air-filled inductor coils, HF-transformer, rectifier, basic Transistors, HF-diodes, voltage regulator and BLDC fan.

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Rising adoption of wireless technology across various electronic devices owing to the rising trend of "go-wirelessly" is the prime factor fueling market growth. Moreover, increasing the launch of advanced products is further expected to propel the market growth. For instance, in February 2019, At Mobile World Congress, Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, has launched a Qualcomm® Quick Charge™ technology for wireless power, for helping consumers to wirelessly charge their devices quickly, safely and efficiently.

From the geographical perspective, Asia Pacific is projected to gain significant growth over the forecast period owing to growing production consumer electronic goods. Also, increasing the number of partnerships for introducing wireless power transmission for EV in the region is further projected to propel the market growth. For instance, in October 2019, WiTricity Licensed Green Power to Build Wireless Chargers for South Korean Electric Vehicle Market.
Key Development

In May 2019, Dai Nippon Printing Co., Ltd. (DNP) has developed a sheet-type coil for wireless charging of electric vehicles (EV). The newly developed coil maintains a low profile and lightweight and has been made compatible with high power transmission by reducing the leakage magnetic field.
In October 2016, Semtech Corporation, a leading supplier of analog and mixed-signal semiconductors, has introduced two new, compatible evaluation modules (EVMs) for prototyping and developing wireless charging solutions for wearable applications.

In February 2019, WiTricity, the industry pioneer in wireless power transfer, acquired Qualcomm Incorporated and Qualcomm Technologies, Inc. of the certain technology platform and IP assets, which to bring over 1,500 patents and patent applications related to wireless charging that WiTricity owns or control.

In Sepetember 2019, iPhone, announced the introduction of—features wireless charging, for special pad, without plugging it in.

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Stratagem Market Insights is a management consulting organization providing market intelligence and consulting services worldwide. We bring the expertise of consultants with an cumulative industry experience of more than 70 years. The firm has been providing quantified B2B research and currently offers services to over 350+ customers worldwide. Our reports cover various end-use industries such as Aerospace and Defense, Agriculture, Food and Beverages, Automotive, Chemicals and Materials, Consumer Goods and Retail, Electronics, Energy, Mining, and Utilities, Pharmaceuticals, Manufacturing and Construction, Services, and Healthcare, and ICT.