Wireless Power Receiver Market- Global Industry Analysis and Forecast 2023-2029

Wireless Power Receiver Market is expected to grow at a CAGR of 22.3% during the forecast period and the market is expected to reach US$ 46.66 Bn. by 2029.

Wireless Power Receiver Market Drivers and Restrains:

As mobile technology advances, devices like wearables & smartphones get used for longer periods. With this development, the need to keep the devices effectively charged at all-time becomes important. Maximum of these devices are mobile & they do not require cords for data connectivity, but charging still demands tying up these devices to a cord. Wireless power receiver aims to cut these cords & transmit power to these devices wirelessly. The extensive growth in the field of smartphones market continues to be the entry point for the increased adoption of wireless power. Smartphone companies are also heavily investing in their research and development activities, which is further driving the market. The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.Wireless Power Receiver MarketTo know about the Research Methodology :- Request Free Sample Report

Wireless Power Receiver Market Regional Insights:

Geographically, the Wireless Power Receiver Market is segmented by Europe, Asia Pacific, North America, Latin America, and Middle East & Africa. Among all the regions North America held the dominant market share of xx% in 2022 and is expected to reach US$ Bn by the end of 2029, with a CAGR of xx%. Thanks to the existence of leading countries like Canada and the United States. Technological advancement, increase in the number of wireless charging market owing to the heavy industrialization and presence of several key players, which uses Wireless Power Receiver for various purposes are fueling the regional market growth during the forecast period. Asia Pacific is considered to be the fastest growing region in the wireless power receiver market due to the proliferation of smartphones along with other smart devices owing to rise in disposable income is also considered to drive the market in this region.

Wireless Power Receiver Market Future Outlook:

Different and increasing applications for wireless power receiver are expected to drive the market. The market has created enormous opportunities for new technology companies like WiTricity and Ubeam, who are trying to remove wired charging cord for all home appliances. However, wireless power receiver is not limited to wirelessly charging and powering domestic devices. Techniques like microwave power transmission and power beaming are coming up, which aim to transmit power over longer distances. These systems are being applied for automotive vehicle charging, aerial vehicle propulsion & solar power satellites. The report has covered new technology developments, trends in the industry that will help reader to be updated on the technological developments in the market as well as on key players. One of the leading key players in wireless power, WiTricity has recently revealed 530e iPerformance, the very first wireless charging-enabled hybrid electric vehicle which is to be installed in BMW as a wireless charging system. The German government has accepted and planned an investment and incentive plan which will promote a switch to electric vehicles & a necessary Europe-wide ban on ICE cars by the end of 2030. WiTricity has also patented the technology which offers to drive HEVs & EVs which can be charged on a charging pad on the ground. Technology has reached a level where wearable device can be charged with body heat is expected to be soon in the markets. This will be the next level in wireless power receiver. The global annual unit shipment of wireless power receivers & transmitters, across all applications, sectors, is estimated to grow from 450 million units in 2022 to 2.2 billion units in 2023 & growing to 7.5 billion units in 2029. After Apple’s decision to adopt Qi-based wireless charging technology for iPhones in 2022, the interest among other wireless power solution key players have drifted away from mobile phones to new segments, in search of new opportunities. The decision Apple made during its recent important event in September 2022 not to mention anything about Airpower wireless charging system, may have reduced consumer and market enthusiasm and slowed the adoption growth rate of wireless charging technology across applications. However, wireless power transfer technology players are now pursuing opportunities across wearables, medical devices and the automotive electric vehicles (EVs) segment The objective of the report is to present a comprehensive analysis of the Global Wireless Power Receiver Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Wireless Power Receiver Market dynamics, structure by analyzing the market segments and project the Global Wireless Power Receiver Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Wireless Power Receiver Market make the report investor’s guide.

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Wireless Power Receiver Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: US$ 11.4 Bn.
Forecast Period 2023 to 2029 CAGR: 22.3% Market Size in 2029: US$ 46.66 Bn.
Segments Covered: by Technology • Inductive Coupling • Capacitive Coupling
by Application • Consumer Electronics • Healthcare • Automotive • Aerospace and Defense • Industrial

Wireless Power Receiver Market, by Region

North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)

Wireless Power Receiver Market Key Players are:

• Integrated Device Technology Inc. • Convenient Power HK Limited • Qualcomm Inc. • TDK Corporation • NXP Semiconductors • WiTricity Corporation • Samsung Electronics Co Ltd. • Texas Instruments Inc. • Powermat Technologies Ltd • PowerbyProxi • Ubeam • Linear Technology • Semtech • ROHM • STMicroelectronic • OSHIBA CORPORATION • Panasonic Corporation Frequently Asked Questions: 1. Which region has the largest share in Global Wireless Power Receiver Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Wireless Power Receiver Market? Ans: The Global Wireless Power Receiver Market is growing at a CAGR of 22.3% during forecasting period 2023-2029. 3. What is scope of the Global Wireless Power Receiver Market report? Ans: Global Wireless Power Receiver Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Wireless Power Receiver Market? Ans: The important key players in the Global Wireless Power Receiver Market are – Integrated Device Technology Inc., Convenient Power HK Limited, Qualcomm Inc., TDK Corporation, NXP Semiconductors, WiTricity Corporation, Samsung Electronics Co Ltd., Texas Instruments Inc., Powermat Technologies Ltd, PowerbyProxi, Ubeam, Linear Technology, Semtech, ROHM, STMicroelectronic, OSHIBA CORPORATION, Panasonic Corporation. 5. What is the study period of this Market? Ans: The Global Wireless Power Receiver Market is studied from 2022 to 2029.
Global Wireless Power Receiver Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Wireless Power Receiver Market Size, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Wireless Power Receiver Market Analysis and Forecast 6.1. Global Wireless Power Receiver Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Wireless Power Receiver Market Analysis and Forecast, by Technology 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Wireless Power Receiver Market Value Share Analysis, by Technology 7.4. Global Wireless Power Receiver Market Size (US$ Bn) Forecast, by Technology 7.5. Global Wireless Power Receiver Market Analysis, by Technology 7.6. Global Wireless Power Receiver Market Attractiveness Analysis, by Technology 8. Global Wireless Power Receiver Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Wireless Power Receiver Market Value Share Analysis, by Application 8.4. Global Wireless Power Receiver Market Size (US$ Bn) Forecast, by Application 8.5. Global Wireless Power Receiver Market Analysis, by Application 8.6. Global Wireless Power Receiver Market Attractiveness Analysis, by Application 9. Global Wireless Power Receiver Market Analysis, by Region 9.1. Global Wireless Power Receiver Market Value Share Analysis, by Region 9.2. Global Wireless Power Receiver Market Size (US$ Bn) Forecast, by Region 9.3. Global Wireless Power Receiver Market Attractiveness Analysis, by Region 10. North America Wireless Power Receiver Market Analysis 10.1. Key Findings 10.2. North America Wireless Power Receiver Market Overview 10.3. North America Wireless Power Receiver Market Value Share Analysis, by Technology 10.4. North America Wireless Power Receiver Market Forecast, by Technology 10.5. Inductive Coupling 10.6. Capacitive Coupling 10.7. North America Wireless Power Receiver Market Forecast, by Application 10.7.1. Consumer Electronics 10.7.2. Healthcare 10.7.3. Automotive 10.7.4. Aerospace and Defense 10.7.5. Industrial 10.8. North America Wireless Power Receiver Market Value Share Analysis, by Country 10.9. North America Wireless Power Receiver Market Forecast, by Country 10.9.1. U.S. 10.9.2. Canada 10.10. North America Wireless Power Receiver Market Analysis, by Country 10.11. U.S. Wireless Power Receiver Market Forecast, by Technology 10.11.1. Inductive Coupling 10.11.2. Capacitive Coupling 10.12. U.S. Wireless Power Receiver Market Forecast, by Application 10.12.1. Consumer Electronics 10.12.2. Healthcare 10.12.3. Automotive 10.12.4. Aerospace and Defense 10.12.5. Industrial 10.13. Canada Wireless Power Receiver Market Forecast, by Technology 10.13.1. Inductive Coupling 10.13.2. Capacitive Coupling 10.14. Canada Wireless Power Receiver Market Forecast, by Application 10.14.1. Consumer Electronics 10.14.2. Healthcare 10.14.3. Automotive 10.14.4. Aerospace and Defense 10.14.5. Industrial 10.15. North America Wireless Power Receiver Market Attractiveness Analysis 10.15.1. By Technology 10.15.2. By Application 10.16. PEST Analysis 10.17. Key Trends 10.18. Key Developments 11. Europe Wireless Power Receiver Market Analysis 11.1. Key Findings 11.2. Europe Wireless Power Receiver Market Overview 11.3. Europe Wireless Power Receiver Market Value Share Analysis, by Technology 11.4. Europe Wireless Power Receiver Market Forecast, by Technology 11.4.1. Inductive Coupling 11.4.2. Capacitive Coupling 11.5. Europe Wireless Power Receiver Market Value Share Analysis, by Application 11.6. Europe Wireless Power Receiver Market Forecast, by Application 11.6.1. Consumer Electronics 11.6.2. Healthcare 11.6.3. Automotive 11.6.4. Aerospace and Defense 11.6.5. Industrial 11.7. Europe Wireless Power Receiver Market Value Share Analysis, by Country 11.8. Europe Wireless Power Receiver Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Wireless Power Receiver Market Analysis, by Country 11.10. Germany Wireless Power Receiver Market Forecast, by Technology 11.10.1. Inductive Coupling 11.10.2. Capacitive Coupling 11.11. Germany Wireless Power Receiver Market Forecast, by Application 11.11.1. Consumer Electronics 11.11.2. Healthcare 11.11.3. Automotive 11.11.4. Aerospace and Defense 11.11.5. Industrial 11.12. U.K. Wireless Power Receiver Market Forecast, by Technology 11.12.1. Inductive Coupling 11.12.2. Capacitive Coupling 11.13. U.K. Wireless Power Receiver Market Forecast, by Application 11.13.1. Consumer Electronics 11.13.2. Healthcare 11.13.3. Automotive 11.13.4. Aerospace and Defense 11.13.5. Industrial 11.14. France Wireless Power Receiver Market Forecast, by Technology 11.14.1. Inductive Coupling 11.14.2. Capacitive Coupling 11.15. France Wireless Power Receiver Market Forecast, by Application 11.15.1. Consumer Electronics 11.15.2. Healthcare 11.15.3. Automotive 11.15.4. Aerospace and Defense 11.15.5. Industrial 11.16. Italy Wireless Power Receiver Market Forecast, by Technology 11.16.1. Inductive Coupling 11.16.2. Capacitive Coupling 11.17. Italy Wireless Power Receiver Market Forecast, by Application 11.17.1. Consumer Electronics 11.17.2. Healthcare 11.17.3. Automotive 11.17.4. Aerospace and Defense 11.17.5. Industrial 11.18. Spain Wireless Power Receiver Market Forecast, by Technology 11.18.1. Inductive Coupling 11.18.2. Capacitive Coupling 11.19. Spain Wireless Power Receiver Market Forecast, by Application 11.19.1. Consumer Electronics 11.19.2. Healthcare 11.19.3. Automotive 11.19.4. Aerospace and Defense 11.19.5. Industrial 11.20. Rest of Europe Wireless Power Receiver Market Forecast, by Technology 11.20.1. Inductive Coupling 11.20.2. Capacitive Coupling 11.21. Rest of Europe Wireless Power Receiver Market Forecast, by Application 11.21.1. Consumer Electronics 11.21.2. Healthcare 11.21.3. Automotive 11.21.4. Aerospace and Defense 11.21.5. Industrial 11.22. Europe Wireless Power Receiver Market Attractiveness Analysis 11.22.1. By Technology 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trends 11.25. Key Developments 12. Asia Pacific Wireless Power Receiver Market Analysis 12.1. Key Findings 12.2. Asia Pacific Wireless Power Receiver Market Overview 12.3. Asia Pacific Wireless Power Receiver Market Value Share Analysis, by Technology 12.4. Asia Pacific Wireless Power Receiver Market Forecast, by Technology 12.4.1. Inductive Coupling 12.4.2. Capacitive Coupling 12.5. Asia Pacific Wireless Power Receiver Market Value Share Analysis, by Application 12.6. Asia Pacific Wireless Power Receiver Market Forecast, by Application 12.6.1. Consumer Electronics 12.6.2. Healthcare 12.6.3. Automotive 12.6.4. Aerospace and Defense 12.6.5. Industrial 12.7. Asia Pacific Wireless Power Receiver Market Value Share Analysis, by Country 12.8. Asia Pacific Wireless Power Receiver Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Wireless Power Receiver Market Analysis, by Country 12.10. China Wireless Power Receiver Market Forecast, by Technology 12.10.1. Inductive Coupling 12.10.2. Capacitive Coupling 12.11. China Wireless Power Receiver Market Forecast, by Application 12.11.1. Consumer Electronics 12.11.2. Healthcare 12.11.3. Automotive 12.11.4. Aerospace and Defense 12.11.5. Industrial 12.12. India Wireless Power Receiver Market Forecast, by Technology 12.12.1. Inductive Coupling 12.12.2. Capacitive Coupling 12.13. India Wireless Power Receiver Market Forecast, by Application 12.13.1. Consumer Electronics 12.13.2. Healthcare 12.13.3. Automotive 12.13.4. Aerospace and Defense 12.13.5. Industrial 12.14. Japan Wireless Power Receiver Market Forecast, by Technology 12.14.1. Inductive Coupling 12.14.2. Capacitive Coupling 12.15. Japan Wireless Power Receiver Market Forecast, by Application 12.15.1. Consumer Electronics 12.15.2. Healthcare 12.15.3. Automotive 12.15.4. Aerospace and Defense 12.15.5. Industrial 12.16. ASEAN Wireless Power Receiver Market Forecast, by Technology 12.16.1. Inductive Coupling 12.16.2. Capacitive Coupling 12.17. ASEAN Wireless Power Receiver Market Forecast, by Application 12.17.1. Consumer Electronics 12.17.2. Healthcare 12.17.3. Automotive 12.17.4. Aerospace and Defense 12.17.5. Industrial 12.18. Rest of Asia Pacific Wireless Power Receiver Market Forecast, by Technology 12.18.1. Inductive Coupling 12.18.2. Capacitive Coupling 12.19. Rest of Asia Pacific Wireless Power Receiver Market Forecast, by Application 12.19.1. Consumer Electronics 12.19.2. Healthcare 12.19.3. Automotive 12.19.4. Aerospace and Defense 12.19.5. Industrial 12.20. Asia Pacific Wireless Power Receiver Market Attractiveness Analysis 12.20.1. By Technology 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trends 12.23. Key Developments 13. Middle East & Africa Wireless Power Receiver Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Wireless Power Receiver Market Overview 13.3. Middle East & Africa Wireless Power Receiver Market Value Share Analysis, by Technology 13.4. Middle East & Africa Wireless Power Receiver Market Forecast, by Technology 13.4.1. Inductive Coupling 13.4.2. Capacitive Coupling 13.5. Middle East & Africa Wireless Power Receiver Market Value Share Analysis, by Application 13.6. Middle East & Africa Wireless Power Receiver Market Forecast, by Application 13.6.1. Consumer Electronics 13.6.2. Healthcare 13.6.3. Automotive 13.6.4. Aerospace and Defense 13.6.5. Industrial 13.7. Middle East & Africa Wireless Power Receiver Market Value Share Analysis, by Country 13.8. Middle East & Africa Wireless Power Receiver Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Wireless Power Receiver Market Analysis, by Country 13.10. GCC Wireless Power Receiver Market Forecast, by Technology 13.10.1. Inductive Coupling 13.10.2. Capacitive Coupling 13.11. GCC Wireless Power Receiver Market Forecast, by Application 13.11.1. Consumer Electronics 13.11.2. Healthcare 13.11.3. Automotive 13.11.4. Aerospace and Defense 13.11.5. Industrial 13.12. South Africa Wireless Power Receiver Market Forecast, by Technology 13.12.1. Inductive Coupling 13.12.2. Capacitive Coupling 13.13. South Africa Wireless Power Receiver Market Forecast, by Application 13.13.1. Consumer Electronics 13.13.2. Healthcare 13.13.3. Automotive 13.13.4. Aerospace and Defense 13.13.5. Industrial 13.14. Rest of Middle East & Africa Wireless Power Receiver Market Forecast, by Technology 13.14.1. Inductive Coupling 13.14.2. Capacitive Coupling 13.15. Rest of Middle East & Africa Wireless Power Receiver Market Forecast, by Application 13.15.1. Consumer Electronics 13.15.2. Healthcare 13.15.3. Automotive 13.15.4. Aerospace and Defense 13.15.5. Industrial 13.16. Middle East & Africa Wireless Power Receiver Market Attractiveness Analysis 13.16.1. By Technology 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Wireless Power Receiver Market Analysis 14.1. Key Findings 14.2. South America Wireless Power Receiver Market Overview 14.3. South America Wireless Power Receiver Market Value Share Analysis, by Technology 14.4. South America Wireless Power Receiver Market Forecast, by Technology 14.4.1. Inductive Coupling 14.4.2. Capacitive Coupling 14.5. South America Wireless Power Receiver Market Value Share Analysis, by Application 14.6. South America Wireless Power Receiver Market Forecast, by Application 14.6.1. Consumer Electronics 14.6.2. Healthcare 14.6.3. Automotive 14.6.4. Aerospace and Defense 14.6.5. Industrial 14.7. South America Wireless Power Receiver Market Value Share Analysis, by Country 14.8. South America Wireless Power Receiver Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Wireless Power Receiver Market Analysis, by Country 14.10. Brazil Wireless Power Receiver Market Forecast, by Technology 14.10.1. Inductive Coupling 14.10.2. Capacitive Coupling 14.11. Brazil Wireless Power Receiver Market Forecast, by Application 14.11.1. Consumer Electronics 14.11.2. Healthcare 14.11.3. Automotive 14.11.4. Aerospace and Defense 14.11.5. Industrial 14.12. Mexico Wireless Power Receiver Market Forecast, by Technology 14.12.1. Inductive Coupling 14.12.2. Capacitive Coupling 14.13. Mexico Wireless Power Receiver Market Forecast, by Application 14.13.1. Consumer Electronics 14.13.2. Healthcare 14.13.3. Automotive 14.13.4. Aerospace and Defense 14.13.5. Industrial 14.14. Rest of South America Wireless Power Receiver Market Forecast, by Technology 14.14.1. Inductive Coupling 14.14.2. Capacitive Coupling 14.15. Rest of South America Wireless Power Receiver Market Forecast, by Application 14.15.1. Consumer Electronics 14.15.2. Healthcare 14.15.3. Automotive 14.15.4. Aerospace and Defense 14.15.5. Industrial 14.16. South America Wireless Power Receiver Market Attractiveness Analysis 14.16.1. By Technology 14.16.2. By Application 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Consumer Electronics 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Company Footprint 15.3.2. Healthcare 15.3.3. Automotive 15.3.4. Aerospace and Defense 15.3.5. Industrial 15.3.6. Integrated Device Technology Inc. 15.3.7. Convenient Power HK Limited 15.3.8. Qualcomm Inc. 15.3.9. TDK Corporation 15.3.10. NXP Semiconductors 15.3.11. WiTricity Corporation 15.3.12. Samsung Electronics Co Ltd. 15.3.13. Texas Instruments Inc. 15.3.14. Powermat Technologies Ltd 15.3.15. PowerbyProxi 15.3.16. Ubeam 15.3.17. Linear Technology 15.3.18. Semtech 15.3.19. ROHM 15.3.20. STMicroelectronic 15.3.21. OSHIBA CORPORATION 15.3.22. Panasonic Corporation 16. Primary Key Insights

About This Report

Report ID 54603
Category Electronics
Published Date March 2023
Updated Date
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