Wireless Power Transmission - Global Strategic Business Report

The global market for Wireless Power Transmission was estimated at US$15.6 Billion in 2024 and is projected to reach US$52.4 Billion by 2030, growing at a CAGR of 22.3% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Wireless Power Transmission market.

Global Wireless Power Transmission Market - Key Trends & Drivers Summarized

Wireless power transmission (WPT) is a technology that enables the transfer of electrical energy from a power source to an electrical load without the need for physical connectors or cables. The technology (near-field or far-field) utilizes electromagnetic fields to transmit power over short and long distances, providing a convenient and flexible solution for powering and charging devices. WPT is being increasingly adopted in various applications, including consumer electronics, electric vehicles, medical devices, and industrial automation. The convenience and safety offered by wireless power transmission make it an attractive alternative to traditional wired power solutions.

The development of wireless power transmission technology has seen significant advancements, particularly in the areas of efficiency, range, and safety. Techniques such as inductive coupling, resonant inductive coupling, and radio frequency (RF) energy harvesting are being refined to enhance the performance of WPT systems. Innovations in materials and circuit design are also contributing to improved power transfer efficiency and reduced energy losses. Furthermore, standardization efforts and regulatory frameworks are being established to ensure the interoperability and safety of wireless power transmission systems across different applications and devices.

The growth in the wireless power transmission market is driven by several factors. Firstly, the increasing adoption of wireless charging solutions in consumer electronics, such as smartphones and wearable devices, is a significant driver. Secondly, advancements in WPT technology and the development of efficient and safe power transfer methods are enhancing its applicability. Thirdly, the rising demand for electric vehicles and the need for convenient and reliable charging infrastructure are boosting the adoption of wireless power transmission. Additionally, the integration of WPT in medical devices and implants is providing new opportunities for innovation in healthcare. Furthermore, the trend towards smart homes and the Internet of Things (IoT) is driving the need for wireless power solutions to power a multitude of connected devices. Lastly, supportive government policies and industry standards are fostering the development and commercialization of wireless power transmission technologies.

SCOPE OF STUDY:

The report analyzes the Wireless Power Transmission market in terms of units by the following Segments, and Geographic Regions/Countries:

• Segments: Technology (Near-Field, Far-Field); Application (Consumer Electronics, Industrial Applications, Automotive, Other Applications)
• Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Rest of Europe; Asia-Pacific; Rest of World.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Near-Field segment, which is expected to reach US$42.0 Billion by 2030 with a CAGR of a 21.9%. The Far-Field segment is also set to grow at 24.1% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $3.1 Billion in 2024, and China, forecasted to grow at an impressive 23.6% CAGR to reach $11.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Wireless Power Transmission Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Wireless Power Transmission Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Wireless Power Transmission Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Analog Devices Inc., Energous Corporation, Koninklijke Philips N.V., Murata Manufacturing Co., NXP Semiconductors N.V. and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 51 companies featured in this Wireless Power Transmission market report include:

• Analog Devices Inc.
• Energous Corporation
• Koninklijke Philips N.V.
• Murata Manufacturing Co.
• NXP Semiconductors N.V.
• Plugless Power, Inc.
• Powermat Technologies Ltd.
• Qualcomm, Inc.
• Renesas Electronics Corporation
• Salcomp Plc (Finland)
• Samsung Electronics Co. Ltd.
• Semtech Corporation
• TDK Corporation
• Texas Instruments, Inc.
• WiTricity Corporation

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.