Wireless Power Transmission Market by Transmission Technology - 2020

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MarketsandMarkets Presents
Wireless Power Transmission Market by Technology
, Implementation, Receiver Transmitter
Application , and Region - Global Trend
Forecast to 2020 The wireless power transmission
market is estimated to reach USD 13.11  Billion
by 2020, at a CAGR of 51.5 between to 2020. The
factors which are driving the wireless power
transmission market includes growing consumer
preference towards wireless connectivity, need to
charge battery-enabled devices, and ability of
wireless power technology to charge multiple
devices at a time.
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The magnetic resonance technology is one of the
emerging technologies in the wireless power
transmission market. The magnetic resonance
technology offers longer power transmission range
efficiency as compared to induction technology
therefore, this technology is expected to have
good prospects in consumer electronics,
automotive, and industrial applications. Many
companies are investing substantial amounts of
resources for the development of magnetic
resonance technology.  Sample pages of the
Report http//www.marketsandmarkets.com/requests
ample.asp?id168050212 The induction technology
is the oldest wireless power transmission
technology which has been commercialized in the
market. The induction technology is being used in
many applications such as smartphones, wearable
electronics, consumer electronics devices,
industrial equipment, and in many others. The
induction technology has proved its feasibility
and utility in many applications, especially in
smartphones charging. The induction technology is
widely implemented in the smartphones by
suppliers and therefore it accounts for the major
market share in the wireless power transmission
market.
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The market for integrated solutions is expected
to increase at the highest growth rate The OEMs
are more inclined towards integration of wireless
power solutions in the devices, so as to provide
the convenience, comfort, and user-friendly
operations for the users. The integrated
solutions market is expected to grow rapidly
owing to the expected adoption of the WPT in
smartphone, wearable electronics, and in other
consumer electronics devices. Report Information
http//www.marketsandmarkets.com/Market-Reports
/wireless-power-market-168050212.html The major
companies in the WPT market include Samsung
Electronics Co Ltd. (South Korea), Qualcomm Inc.
(U.S.), Texas Instruments Inc. (U.S.), TDK
Corporation (Japan), WiTricity Corporation
(U.S.), Integrated Device Technology, Inc.
(U.S.), NuCurrent Inc. (U.S.), NXP Semiconductors
N.V. (Netherlands), PowerbyProxi Ltd. (New
Zealand), and Powermat Technologies Ltd (Israel)
among others.
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