Wireless energy transfer is a method of getting useful smart electricity meters from one place to another without the need for electrical conducting media. In 2019, new trends in wireless energy cloud devices would have a great impact on energy consumption sectors. Let’s have a look at the major wireless energy transfer devices market trends for 2019 to 2025.
It’s being expected that by 2030, the Wireless Energy Transfer Device market cap will hit 28.9 bn a CAGR growth of about 20.4%.
Wireless energy transfer device market can broadly be segmented on the basis of type, technology, application and geography. The publish market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2018 to 2025. Additionally, numerous emerging trends are expected to gain traction in the global wireless energy device market over the next few years, positively impacting market growth. These top trends include a growing focus on technology, capacity expansions and new developments, and increasing demand from emerging economies.
Competitive Landscape
Key Market Players are PowerCast, WiTricity, uBeam, Ossia, Energous, and others. The market is led by these giants and they dominate the market. Hence the market is consolidated. Therefore, market concentration is high.
Wireless Energy Transfer Device Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2030 |
Study Period | 2018-2030 |
Forecast Unit | Value (USD) |
Revenue forecast in 2030 | $ 28.9 billion |
Growth Rate | CAGR of 20.4 % during 2020-2030 |
Segment Covered | By Technology, By Receiver, Region |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | United States, Wi-Charge Ltd of Israel, Energous Corporation of the United States, Humarvous Ltd of the United States, Fulton Innovation LLC, Qualcomm Inc. of the United States, Semtech Corporation of the United States, Toshiba Corporation of Japan and Texas Instruments Inc |
The study is a source of reliable data on:
- Market segments and sub-segments
- Industry trends and dynamics
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
- Middle East and Africa (GCC, Southern Africa, North Africa)