Wireless Power Transmission Market Growth and Segments,2014-2020 FMI | Page 4

Report
Description
Report Description
Market is expected to show a double digit growth rate in coming five years (2015-2020).
The growth is majorly driven by need of technological advancement and new wireless
power transmission applications such as solar-power satellites.
Market segmentation for WPT is basedon application, technology,transmission types,
transmission range andgeography. The application segment includes consumer
electronics, healthcare, automotive and defence. Consumer electronics are further subdivided into mobile phones, tablets, laptops and wearable electronics. Technological
segmentation includes near-field or non-radioactive techniques and far-field or
radioactive techniques.On the basis of transmission types, the market is segmented into
devices with and without battery. The market is also segmented on the basis of
transmission range which include short, medium and long ranges. The regional or
geographical segmentation includes regions such as North America, Latin America, Asia
Pacific, Japan, Western Europe, Eastern Europe, and Middle East & Africa.
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Majorplayersinvolved in the wireless power transmission market are Qualcomm, Leggett
& Platt, ConvenientPower HK, Energizer Holdings, Inc. and I ntegrated Device Technology,
Inc. Other important companies are Powermat Technologies Ltd., Plugless Power, Texas
Instruments, Murata Manufacturing Co., Ltd. and WiTricity. The common strategy
adopted by players are product development and a focus on research & development
activities.