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Wireless Power Transmission Market Is Expected to Reach $17.04 Billion by 2020; Growing at a CAGR of 60.49%(ReleaseWire Via Acquire Media NewsEdge) [260 Pages Report Wireless Power Transmission Market categorizes global market by transmission technology (Induction, Radiation), type, and range; by application (consumer electronics, industrial, automotive, healthcare, and defense), and by geography.Dallas, TX -- (ReleaseWire) -- 09/11/2014 -- Wireless power transmission market is estimated to grow $17.04 Billion at a CAGR of 60.49% for 2014 to 2020. Asia Pacific is accounted to have a market share of 38.24% in 2013, and is expected to grow at a CAGR of 62.95% from 2014 to 2020. The market is systematically analyzed by transmission technology, transmission type, transmission range, application and geography. Application segment is further segment by consumer electronics, industrial, automotive, healthcare, and defense; whereas geography is further segmented by North America, Europe, APAC and Rest of the World (RoW). The players involves in the development of wireless power transmission market includes ConvenientPower HK Ltd. (Hong Kong), Energizer Holdings Inc. (U.S.), Integrated Device Technology, Inc. (U.S.), Leggett & Platt, Inc. (U.S.), Murata Manufacturing Co., Ltd. (Japan), Powermat Technologies Ltd. (Israel), Plugless Power (U.S.), QUALCOMM Inc. (U.S.), Texas Instruments Inc. (U.S.), and Witricity Corp. (U.S.). Some of the major companies includes: ConvenientPower HK Ltd. (Hong Kong), Energizer Holdings Inc. (U.S.), Integrated Device Technology, Inc. (U.S.), Leggett & Platt, Inc. (U.S.), Murata Manufacturing Co., Ltd. (Japan), Powermat Technologies Ltd. (Israel), Plugless Power (U.S.), QUALCOMM Inc. (U.S.), Texas Instruments Inc. (U.S.), and Witricity Corp. (U.S.).These companies operate globally and put wireless power market related products and services to various applications. Speak to Analyst http://www.marketsandmarkets.com/speaktoanalyst.asp?id=168050212 Geographically, the Wireless power technology market is covered by North America (U.S., Canada), Europe (Germany, the UK, Sweden, the Netherland, and France), APAC (China, India, Japan, Russia, and Australia), and RoW (the Middle East, South America, and Africa).The APAC region is estimated to contribute a major share in the wireless power technology market, followed by America and Europe. RoW, cover a small market share at present; however, they are expected to show growth till the forecasted period. Scope of the report: This research report categorizes the market based on the analyses of different segments: Based on transmission technology On the basis of the transmission technology wireless power transmission market is divided into segments such as electromagnetic induction, electromagnetic radiation, and electrical conduction. Based on Transmission Type The market is segmented on the basis of transmission type which includes:device with battery and device without battery. Based on Transmission Range The market is also segmented on the basis of distance from which device can be charged by wireless technology, that is market by short range, medium range and long range. Inquiry of this Report http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=168050212 Based on Application The market is further segment on the basis of various application such as; consumer electronics, industrial, automotive, healthcare and defense. Consumer electronics is further sub-segmented into mobile phones, tablets, computers, peripherals and wearable electronics. Wireless power transmission has gradually started developing in the market and posesa huge potential in the coming future. The Wireless power transmission market ismainly driven by the consumer electronics segment for the near terms, where it is mainly used for charging the portable device which includes smart phones, tablets and wearable electronics. However, in longer terms, huge scope of opportunity can be expected from the development and integration of wireless power transmission in other application which includes healthcare, automotive and defense. With the resolution in the standards for wireless power transmission, varieties of other products can be expected in the future. It has been estimated that magnetic resonance technology will dominate the wireless power transmission market. In future almost all the device will be working based on magnetic resonance as it helps in larger charging field. The wireless power transmission market is segmented on the basis of transmission technology, transmission type, transmission range, application and geography. All these segments are separately classified in the report. The wireless power transmission market is expected to reach up to $17.04 billion by 2020, at an estimated CAGR of 60.49% from 2014 to 2020.Application segment, under the wireless power transmission, has been segmented into consumer electronics, industrial, automotive, healthcare and defense. Consumer electronics is further sub-segmented into mobile phones, tablets, computers, peripherals, and wearable electronics. Consumer electronics is expected to account a total market share of 67.89% for 2013, and is estimated to grow at a CAGR of 61.18% from 2014 to 2020. Majority the wireless power products currently being developed for consumer electronics, however product for application such as; defense and healthcare has also started being developed. Contact: Mr. Rohan North - Dominion Plaza, 17304 Preston Road, Suite 800, Dallas, TX 75252 Tel: 888-600-6441 Email: [email protected] more information on this press release visit: http://www.releasewire.com/press-releases/wireless-power-transmission-market-is-expected-to-reach-1704-billion-by-2020-growing-at-a-cagr-of-6049-544447.htmMedia Relations ContactRohan SalgarkarMarketsandMarketsTelephone: 888-600-6441Email: Click to Email Rohan SalgarkarWeb: http://www.marketsandmarkets.com/ |