Wireless Power Transfer (WPT)
Market
Wireless Power Transfer (WPT) Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Wireless Power Transfer (WPT) Market Size and Growth
The Wireless Power Transfer (WPT) market is experiencing significant growth, driven by rising demand for efficient charging solutions and advancements in technology. The global market size is projected to reach approximately $20 billion by 2026, propelled by applications in consumer electronics, automotive, and healthcare sectors. Competitive dynamics are intensifying, fostering innovation.
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Companies Covered
(Covid 19 Impact Covered)
◍ Qualcomm
◍ Samsung Electronics
◍ TDK Corporation
◍ Texas Instruments
◍ Nucurrent
◍ Powermat Technologies
◍ Powerbyproxi
◍ Witricity
◍ ConvenientPower HK
◍ Renesas Electronics
◍ Leggett & Platt
◍ Murata Manufacturing
◍ Plugless Power
The Wireless Power Transfer (WPT) market features key players like Qualcomm, Samsung Electronics, and Texas Instruments, enhancing technologies for consumer electronics, automotive, and industrial applications. Companies innovate in resonant coupling and efficiency, driving adoption. Notable revenues include Qualcomm: ~$8.5 billion, TDK: ~$15 billion, Renesas: ~$3.5 billion, and Murata: ~$18 billion.
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Market Segmentation
By Application
◍ Smartphones
◍ Electric Vehicles
◍ Wearable Electronics
◍ Furniture
By Product
◍ Near-Field Power Transfer
◍ Far-Field Power Transfer
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Market Growth
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$ X Billion USD
