Wireless Power Transmission Market
Global Wireless Power Transmission Market by Regional Analysis: Asia Pacific is the dominating region across the world due to the positive outlook in the electronics industries in China, South Korea, and Japan. Growing automobile industry in Indonesia, China, and Malaysia may open up gateways for new growth opportunities. Mexico is emerging as a new manufacturing hub due to low manufacturing cost and rising demand for in North American regions such as the U. S. and Canada. The U. S. is highly investing in the wireless power transmission technology to utilize power system networks and minimize the expenditure need to installed overhead cables. Europe is also showing a significant growth in the near future. Positive outlook in Mexico may drive the demand for wireless power transmission market.
Global Wireless Power Transmission Market by Competitive Players: Major players operating in the global wireless power transmission market are WiTricity, Qualcomm, ConvenientPower HK, Leggett & Platt, Energizer Holdings, Inc., and Plugless Power. Other players influencing the global market include Powermat Technologies Ltd., Murata Manufacturing Co., Ltd., Integrated Device Technology, Inc., and Texas Instruments.
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