DUBLIN, Jan. 27, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/xmmbfj/wireless_power) has announced the addition of the "Wireless Power Transmission Market - Global Trend & Forecast to 2020" report to their offering.
The wireless power transmission market is estimated to reach $13.11 Billion by 2020.
The consumers are experiencing the wireless connectivity in many devices such as smartphones, tablets, laptops, PCs, MP3 players, and in many others. The wireless devices offer the users the freedom of mobility, quick and easy connectivity, and user friendly operations. Therefore, the users prefer to use wireless devices in their daily lives.
The APAC region accounted for the largest share in the wireless power transmission market in 2014, and it is further estimated to grow at the highest CAGR between 2015 and 2020. The large demand for consumer electronics devices and quick adoption of advanced technologies in consumer devices are expected to drive the market for the APAC region.
One of the key restraining factors for the growth of this market is the lack of common standards restricting the growth of the market. The wireless power transmission is majorly achieved with induction and or by magnetic resonance techniques.
The existence of different charging standards results in confusion for the component providers, OEMs, and customers, in terms of standard adoption. However, in the near future, with the establishment of the common standards; the impact of this restraint would diminish, thereby resulting in the market growth.
The wireless power transmission is usually criticized for its short power transmission range and low-power efficiency. The wireless charging range is very limited (especially in induction technology), the user needs to put the device on the charging pad while charging; this means the user lacks the portability.
Companies Mentioned:
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Market Analysis, By Technology
8 Market Analysis, By Implementation
9 Market Analysis, By Receiver Application
10 Market Analysis, By Transmitter Application
11 Market, By Geography
12 Competitive Landscape
13 Company Profiles
For more information visit http://www.researchandmarkets.com/research/xmmbfj/wireless_power
Media Contact:
Laura Wood, +353-1-481-1716, press@researchandmarkets.net
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