Latest industry research report on Wireless Power Transmission Market. Wireless power transmission is a process that occurs in a system, where power source transmits electromagnetic energy to electric load with no wires. This wireless transmission transmits power to remote locations. Wireless power transmission has great demand in the consumer electronics, for example laptop, tablets, Smartphone’s and other devices. Furthermore, the technology is rapidly being implemented in sectors such as defense and healthcare.
Application of wireless power transmission in the consumer electronics has contributed to the growth of this market. Tremendous growth in consumer electronics market in countries such as South Korea and Japan is driving the wireless power transmission industry.
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Rising need for battery powered equipment has resulted in the growth of the market. Furthermore, user awareness and limitations posed by battery technology are also driving the market. However, rising cost of wireless power technology is hampering the growth of the market. Issues associated with wireless power devices have triggered slow growth. Moreover, growing efficiency of power transmission is likely to create greater opportunities worldwide. Furthermore, automobile manufacturers including Honda, Nissan and Toyota Motors focusing more on electric charged automobiles, are likely to create greater opportunities.
World wireless power transmission market is segmented based on type, range, application and geography.
Wireless Power Transmission Market- By Type
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Wireless Power Transmission Market- By Range
Wireless Power Transmission Market By Application
Wireless Power Transmission Market By Geography
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