Zion Market Research Global Wireless Power Transmission Market, 2016–20 | Page 3
Wireless Power Transmission Market
Global Wireless Power Transmission Market by Growth Factors: Poor transmission tools are
replaced with the latest technology, and wireless power transmission is largely adopted; this is the
major driving factor of the global wireless power transmission market. Technological advancements
and innovations have opened up new growth opportunities in the global market. Increasing demand
for functioned devices may foster the global market growth. Important companies focusing on
investing on product development and research & development activities is expected to fuel the
global wireless power transmission market growth. Moreover, emerging need for new wireless power
transmission applications such as solar-power satellites also boosts the global market growth.
However, the high initial cost required for implementation of the wireless power transmission,
interference of microwaves with current communication systems and loss of energy during
transmission are major challenges faced by global wireless power transmission market.
Global Wireless Power Transmission Market by Segmentation: The global wireless power
transmission market is divided based on technology as non-radioactive techniques and radioactive
techniques. Based on the application, the global market is classified as automotive, consumer
electronics, defense, healthcare, and automotive. Consumer electronics is further sub-segmented as
wearable electronics, mobile phones, laptops, and tablets. Moreover, the global market is segmented
on the basis of transmission types as devices with battery and devices without battery. Furthermore,
the global market is categorized based on transmission range as long, short, and medium range.
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