Wireless Power Transmission Market Analysis, Size, Share, and Forecast by 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: Wireless Power Transmission Market covers analysis by Technology (Near-Field, Far-Field); Implementation (Integrated, Aftermarket); Application (EV Charging, Smartphones, Wearable Electronics, Industrial, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Date : Oct 2025
  • Report Code : TIPRE00008416
  • Category : Electronics and Semiconductor
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150
Page Updated: Jan 2025

AI overview of Wireless Power Transmission Market


The Wireless Power Transmission Market is poised for significant growth, with a projected market size reaching US$ XX million by 2031, reflecting a robust CAGR of 11.4% from 2025 to 2031. This market is driven by the rising demand for electric vehicles and the integration of smart grid technologies. Key segments include applications in EV charging, smartphones, and wearable electronics, with geographical expansion across North America, Europe, and Asia-Pacific. The Wireless Power Transmission Market Report highlights trends towards sustainability and energy efficiency, alongside increased investment in research and development. As regulatory support strengthens, the market share is expected to expand, presenting numerous opportunities for stakeholders in this innovative field.


The Wireless Power Transmission Market is expected to register a CAGR of 11.4% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The report is segmented by Technology (Near-Field, Far-Field); Implementation (Integrated, Aftermarket); Application (EV Charging, Smartphones, Wearable Electronics, Industrial, Others). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.

Purpose of the Report

The report Wireless Power Transmission Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Wireless Power Transmission Market Segmentation

Technology

  • Near-Field
  • Far-Field

Implementation

  • Integrated
  • Aftermarket

Application

  • EV Charging
  • Smartphones
  • Wearable Electronics
  • Industrial
  • Others

Geography

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

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Wireless Power Transmission Market: Strategic Insights

wireless-power-transmission-market
  • Get Top Key Market Trends of this report.
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Wireless Power Transmission Market Growth Drivers

  • Rising Demand for Electric Vehicles: Electric vehicles are one of the highest factors driving the growth of WPT technologies. As consumers and governments alike strive to achieve sustainable solutions to transportation, electric vehicle demand is swelling. Innovative initiatives, such as Italy's Arena of Future-the future's arena, including vehicular charging whilst on the move-are seen. This integration of WPT in the automotive sector not only enhances convenience for users but also supports the broader transition towards electric mobility, thus making it a very important area for technological advancement.
  • Smart Grid Integration: The adoption of WPT systems is significantly influenced by the transition toward smart grids. Smart grids make electric power distribution more efficient and manageable, which is imperative with the increase in electricity demand. Utility companies can release smart meters and smart appliances with WPT technologies, meaning better energy use efficiency and reliability. This integration would entail the monitoring and managing of real-time consumption of energy towards a more resilient, responsive energy infrastructure.

Wireless Power Transmission Market Future Trends

  • Sustainability and Energy Efficiency: With a heightened focus on sustainability, WPT technologies are gaining recognition for their potential to minimize energy waste and improve overall energy efficiency. As global efforts to transition to greener energy solutions intensify, WPT can play a crucial role in supporting these initiatives. It can be concluded that wireless power transmission supports the current trend of developing environmentally friendly technologies, which allows for more efficient transmission of power and less dependence on traditional energy sources.
  • Growing Focus on Healthcare Applications: The healthcare sector is increasingly exploring the potential of wireless power transmission for medical devices and equipment. Wireless charging solutions can enhance the usability of devices such as implants, wearables, and diagnostic tools, reducing the need for physical connections. This trend reflects the healthcare industry's commitment to improving patient comfort and operational efficiency, driving innovation in wireless power transmission applications.

Wireless Power Transmission Market Opportunities

  • Increased Investment in Research and Development: Efforts from companies to stay abreast of the evolving landscape of WPT are evident in massive investments in research and development (R&D). This will be channeled towards developing more efficient systems of wireless power, but at lower costs. As such, new products will come out to satisfy various market needs. Such a commitment to R&D is pushing technologies but also directing companies to cash in on the increasing needs of wireless power solutions in various industries.
  • Regulatory Support and Standards Development: With this maturity, the creation of regulatory frameworks and standards is needed in the WPT market. This will further promote wider adoption of WPT technology because safety concerns and inter-operability related issues are addressed. It can be done to boost consumer confidence and investment in wireless power solutions by providing the necessary regulatory support that ensures widespread growth for the market.

Wireless Power Transmission Market Regional Insights

The regional trends and factors influencing the Wireless Power Transmission Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses Wireless Power Transmission Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Wireless Power Transmission Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 11.4%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Technology
  • Near-Field
  • Far-Field
By Implementation
  • Integrated
  • Aftermarket
By Application
  • EV Charging
  • Smartphones
  • Wearable Electronics
  • Industrial
  • Others
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • ConvenientPower HK Limited
  • Energous Corporation
  • Humavox Ltd.
  • NuCurrent
  • Ossia Inc.
  • Powermat Technologies Ltd.
  • TDK Corporation
  • WiBotic Inc.
  • Wi-Charge Ltd

  • Wireless Power Transmission Market Players Density: Understanding Its Impact on Business Dynamics

    The Wireless Power Transmission Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.


    wireless-power-transmission-market-cagr

    • Get the Wireless Power Transmission Market top key players overview

    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Wireless Power Transmission Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the Wireless Power Transmission Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.


    Frequently Asked Questions

    1
    What are the options available for the customization of this report?
    Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation as our team would review the same and check the feasibility
    2
    What are the deliverable formats of the wireless power transmission market report?
    The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
    3
    What are the future trends of the wireless power transmission market?
    Sustainability and Energy Efficiency is anticipated to play a significant role in the global wireless power transmission market in the coming years
    4
    What are the driving factors impacting the wireless power transmission market?
    The major factors driving the wireless power transmission market are:

    1. Rising Demand for Electric Vehicles

    2. Smart Grid Integration
    5
    What is the expected CAGR of the wireless power transmission market?
    The Wireless Power Transmission Market is estimated to witness a CAGR of 11.4% from 2023 to 2031
    6
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    Naveen Chittaragi
    Associate Vice President,
    Market Research & Consulting

    Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

    Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

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    Our Clients
    The List of Companies

    1. ConvenientPower HK Limited
    2. Energous Corporation
    3. Humavox Ltd.
    4. NuCurrent
    5. Ossia Inc.
    6. Powermat Technologies Ltd.
    7. TDK Corporation
    8. WiBotic Inc.
    9. Wi-Charge Ltd
    10. WiTricity Corporation
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