Wireless Power Transmission Market to Hit a CAGR of 51.5% Driven by Wireless Connectivity

The worldwide wireless power transmission market is expected to grow at a CAGR of 51.5% between 2015 and 2020. A key driving factor for the growth of the wireless power transmission market is the growing preference for wireless connectivity. Additionally, several other factors such as the need to charge battery-enabled devices frequently and ability of the technology to charge multiple devices at a time are expected to drive the market in the near future.

Complete report on global wireless power transmission market spread across 151 pages, profiling 10 companies and supported with 70 tables and 68 figures is now 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 .

The magnetic resonance technology is expected to grow at the highest CAGR during the forecast period. The technology is expected to be commercialized by late 2016, and would be adopted in smart phones, wearable electronics, notebooks, consumer electronics, and in electric vehicle charging applications.

The market in APAC is expected to grow at a high CAGR between 2015 and 2020.The growth is attributed to the increasing demand for consumer electronics devices especially smart phones and wearable electronics in the APAC region. The large consumer electronics market in APAC such as China, India, Japan, and South Korea are expected to drive the demand for wireless power enabled electronics devices during the forecast period.

In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key opinion leaders in the amines market were conducted. In Tier 1 (37%), Tier 2 (42%), and Tier 3 (21%) companies. The interviews were conducted with various key people such as C-level (33%), Director Level (25%), and Manager Level (42%) operating in the wireless power transmission market. The primary interviews were conducted worldwide covering regions such as North America (44%), Europe (19%), APAC (29%) and RoW (8%).

The key players in the 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), Power by Proxi Ltd. (New Zealand), and Power mat Technologies Ltd (Israel) among others. Ask for a discount before order a copy of Wireless Power Transmission Market by Technology (Induction & Magnetic Resonance), Implementation, Receiver & Transmitter Application (Smartphones, Wearable Electronics, Electric Vehicles, & Furniture), and Region – Global Trend & Forecast to 2020 research report at http://www.rnrmarketresearch.com/contacts/discount?rname=201945 .

This report includes the market statistics pertaining to on technology, implementation, receiver application, transmitter application, and region. The Porter’s five forces framework has been utilized along with the value chain analysis to provide an in-depth insight into the wireless power transmission market. Major drivers, restraints, and opportunities for the wireless power transmission market have been detailed in this report. Illustrative segmentation, analysis, and forecast for markets based on technology, implementation, receiver and transmitter application, and geography has been conducted to give an overall view of the wireless power transmission market.

On a related note, another research titled with High Voltage Capacitors Market – Global Industry Trends & Forecast to 2020 says, HV capacitor market is expected to grow from USD 133.86 million in 2014 to USD 218.84 million by 2020, with a CAGR of 7.8% from 2015 to 2020. Asia-Pacific accounted for majority of market share in 2014. China is the largest market in Asia-Pacific with $42.9 million of market in 2014, and is expected to grow rapidly, along with India, in the near future. Companies like Maxwell, Trench, W.S. Test Systems, X D Power Capacitors and Crompton Greaves have been comprehensively profiled in this 440 pages research available at http://www.rnrmarketresearch.com/hv-capacitor-market-by-voltage-level-applications-generation-transmission-distribution-and-testing-geography-canada-us-mexico-brazil-norway-uk-switzerland-sweden-germany-india-china-global-industry-trends-forecast-to-2020-market-report.html .

About Us:  

RnRMarketResearch.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 100+ leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

Media Contact
Company Name: RnRMarketResearch.com
Contact Person: Ritesh Tiwari
Email: sales@rnrmarketresearch.com
Phone: +1 888 391 5441
Address:UNIT No 802, Tower no. 7, SEZ Magarpatta city, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: http://www.rnrmarketresearch.com