GITNUX MARKETDATA REPORT 2024

Wireless Power Transmission Industry Statistics

The global wireless power transmission market is expected to reach a value of USD 13.4 billion by 2027, with a compound annual growth rate of 24.8%.

With sources from: vynzresearch.com, grandviewresearch.com, reportsanddata.com, researchnester.com and many more

Statistic 1

The size of the wireless power transmission market was USD 7.12 billion in 2017.

Statistic 2

The wireless power transmission market is projected to reach USD 22.8 billion by 2025.

Statistic 3

Asia-Pacific is the largest region in the wireless power transmission industry, accounting for nearly 40% of the global market.

Statistic 4

Inductive coupling is the most common method used in wireless power transmission and held 59.2% of the overall market share in 2018.

Statistic 5

Adaptive Resonance technology segment is expected to witness the highest growth during the forecast period (2020-2025).

Statistic 6

In the automotive sector, wireless power transmission is projected to achieve a 27% compound annual growth rate between 2020 and 2025.

Statistic 7

The global wireless power transmission market for industrial applications is expected to exceed USD 500 million by 2025.

Statistic 8

The integrated batteries segment in the wireless power transmission market is expected to grow at a CAGR of more than 20% from 2019 to 2025.

Statistic 9

The American market is expected to grow at a CAGR of 16% during the forecast period (2020-2025).

Statistic 10

Smartphone applications hold the majority share in the wireless power transmission market due to high adoption of smartphone devices.

Statistic 11

Among all wireless power transmission technologies, radio frequency technology is expected to grow at the highest CAGR during the forecast period.

Statistic 12

The aftermarket sales channel in the wireless power transmission market is likely to reach a valuation of over USD 2 billion by 2025.

Statistic 13

The industrial applications sector of the wireless power transmission market is projected to reach a market value of USD 778.4 million by 2027.

Statistic 14

The U.S is the largest consumer of wireless power transmission technologies, contributing over 30% to the global market revenue.

Statistic 15

By 2027, the global wireless power transmission market is anticipated to see a CAGR of 19.2%

Statistic 16

The global wireless charging for electric vehicle market size was USD 7.5 billion in 2018.

Statistic 17

The healthcare sector is anticipated to grow at a CAGR of over 20% from 2020 to 2026 in the global wireless power transmission market.

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In this post, we will explore key statistics and trends shaping the wireless power transmission industry. From the market size and growth projections to regional dynamics and emerging technologies, these insights provide a comprehensive overview of the evolving landscape. Stay tuned to gain valuable insights into this innovative sector.

Statistic 1

"The size of the wireless power transmission market was USD 7.12 billion in 2017."

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Statistic 2

"The wireless power transmission market is projected to reach USD 22.8 billion by 2025."

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Statistic 3

"Asia-Pacific is the largest region in the wireless power transmission industry, accounting for nearly 40% of the global market."

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Statistic 4

"Inductive coupling is the most common method used in wireless power transmission and held 59.2% of the overall market share in 2018."

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Statistic 5

"Adaptive Resonance technology segment is expected to witness the highest growth during the forecast period (2020-2025)."

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Statistic 6

"In the automotive sector, wireless power transmission is projected to achieve a 27% compound annual growth rate between 2020 and 2025."

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Statistic 7

"The global wireless power transmission market for industrial applications is expected to exceed USD 500 million by 2025."

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Statistic 8

"The integrated batteries segment in the wireless power transmission market is expected to grow at a CAGR of more than 20% from 2019 to 2025."

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Statistic 9

"The American market is expected to grow at a CAGR of 16% during the forecast period (2020-2025)."

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Statistic 10

"Smartphone applications hold the majority share in the wireless power transmission market due to high adoption of smartphone devices."

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Statistic 11

"Among all wireless power transmission technologies, radio frequency technology is expected to grow at the highest CAGR during the forecast period."

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Statistic 12

"The aftermarket sales channel in the wireless power transmission market is likely to reach a valuation of over USD 2 billion by 2025."

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Statistic 13

"The industrial applications sector of the wireless power transmission market is projected to reach a market value of USD 778.4 million by 2027."

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Statistic 14

"The U.S is the largest consumer of wireless power transmission technologies, contributing over 30% to the global market revenue."

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Statistic 15

"By 2027, the global wireless power transmission market is anticipated to see a CAGR of 19.2%"

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Statistic 16

"The global wireless charging for electric vehicle market size was USD 7.5 billion in 2018."

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Statistic 17

"The healthcare sector is anticipated to grow at a CAGR of over 20% from 2020 to 2026 in the global wireless power transmission market."

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Interpretation

The wireless power transmission market is experiencing significant growth and diversification, with various sectors such as automotive, industrial, and healthcare driving this expansion. Asia-Pacific leads the market, followed by prominent advancements in inductive coupling technology and adaptive resonance technology. Forecasted trends indicate substantial growth in integrated batteries, radio frequency technology, and the aftermarket sales channel. The U.S. remains a key player in this industry, particularly in smartphone applications. Overall, the market is set to see a steady increase, with a particularly high growth rate expected in sectors like electric vehicles and the healthcare industry.

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