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Wireless Power Transmission Market to Hit USD 49.85 Billion by 2030 at a CAGR of 12.3 percent

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Maximize Market Research has published a detailed analytical report on the Wireless Power Transmission Market.

PUNE, India, Aug. 26, 2024 /PRNewswire/ — The future of energy is set to be transformed by the Wireless Power Transmission Market. As industries increasingly adopt wireless charging, from electric vehicles to consumer electronics, the demand for seamless and efficient power transfer is increasing rapidly. Major players are accelerating their investments in research, development, and strategic partnerships, aiming to perfect this transformative technology. The race to dominate the Wireless Power Transmission Market is intensifying, promising groundbreaking innovations that redefine how power is transmitted globally. This shift enhances convenience and drives sustainability, positioning wireless power transmission as a cornerstone of future technological advancements.

Market Size in 2023

USD  22.13 Billion

Market Size in 2030

USD  49.85 Billion

CAGR

12.3 %

Forecast Period

2024-2030

Base Year

2023

Segment Covered

by Technology

by Implementation

by Receiver Application

by Transmitter Application

by Region

Key Market Drivers

 Technological Advancements Consumer Electronics Growth

Key Market Restraint

 High Costs

Key Market Opportunities

 Integration with IoT Devices Healthcare Applications

Report Coverage

Market Share, Size, and Forecast by Revenue | 2024−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

Get your Sample PDF: https://www.maximizemarketresearch.com/request-sample/30188/ 

Wireless Power Transmission Market: Driving Innovation and Convenience in the Cable-Free Era

The Wireless Power Transmission (WPT) Market is advancing rapidly as new charging technologies emerge and consumers increasingly prioritize convenience. Inductive and resonant charging technologies drive this growth. According to MMR Report in the smartphone sector, wireless charging adoption is expected to surpass 1.2 billion units by 2026. The electric vehicle market also shows significant expansion, with the wireless charging segment expected to grow from $21 million in 2021 to $1.8 billion by 2028. Innovations such as magnetic resonance coupling and radio frequency (RF) charging enhance efficiency and range, enabling broader applications. As more consumers embrace a cable-free lifestyle, the WPT market stands poised for substantial growth, driven by the demand for efficient, convenient, and durable power solutions in a highly connected world.

Get 10% Free Customization on the Report: 

https://www.maximizemarketresearch.com/inquiry-before-buying/30188/ 

Wireless Power Transmission Market: Segmentation 

The global Wireless Power Transmission Market is segmented into Applications which are further segmented into Receiver and Transmitter. The receiver segment dominated the Application segment of the Wireless Power Transmission Market in the year 2023. Due to its crucial role in converting transmitted power into usable energy for various devices. This component’s advancement enhances charging efficiency and convenience, driving its significant demand in consumer electronics, electric vehicles, and healthcare applications.

Wireless Power Transmission Market: Regional Analysis

The United States leading in adoption due to a strong push for sustainability and the convenience of wire-free solutions. According to recent reports of MMR, over 60% of households in the United States have adopted wireless technology solutions. This trend is particularly strong in urban areas, where adoption rates are even higher, reaching up to 75%. The drive towards sustainability has also led to a 40% increase in the installation of eco-friendly wireless systems over the past five years. Businesses are rapidly integrating wireless power into consumer and commercial electronics, with expectations that it will soon become a mandatory feature.

In Asia, rapid adoption is driven by large-scale technology integration and a focus on sustainability, making wireless power a key competitive advantage in the region’s booming consumer electronics market.  Europe is steadily embracing wireless power, particularly in sectors such as retail, construction, and healthcare, as the demand for reducing reliance on wired networks grows. Wireless power transmission is expected to become a standard technology, transforming industries through the widespread adoption of battery-free, always-on devices.

For Detailed Segment Analysis: Request a Sample Report

 Wireless Power Transmission Market: Segmentation 

By Technology

Near-Field TechnologiesFar-Field Technologies

By Type

Devices with BatteryDevices without Battery

By Application

ReceiverTransmitter

Wireless Power Transmission Market Key Players in North America

Qualcomm Inc. (USA)Energous Corporation (USA)WiTricity Corporation (USA)Fulton Innovation LLC (USA)Ossia Inc. (USA)Mojo Mobility, Inc. (USA)Texas Instruments Incorporated (USA)Elix Wireless (Canada)

Wireless Power Transmission Market Giants in Europe

NXP Semiconductors N.V. (Netherlands)Infineon Technologies AG (Germany)

Wireless Power Transmission Market Top Companies in Asia Pacific

Murata Manufacturing Co., Ltd. (Japan)Toshiba Corporation (Japan)Samsung Electronics Co., Ltd. (South Korea)Sony Corporation (Japan)TDK Corporation (Japan)ConvenientPower HK Ltd. (Hong Kong)Renesas Electronics Corporation ( Japan)

Wireless Power Transmission Market key players in the Middle East and Africa

Humavox Ltd (Israel)Powermat Technologies Ltd. (Israel)

Maximize Market Research is leading Electronics Research firm, has also published the following reports:

Flexible AC Transmission System Market:– The flexible AC Transmission System Market was valued at US$ 1.45 Billion in 2023 and is expected to reach US$ 2.30 Billion by 2030 at a CAGR of 6.83 % during the forecast period. The advancement of electric power transmission systems and increases in demand for controllability drives the global market.Power Transmission Lines and Towers Market:- The Power Transmission Lines and Towers Market size was valued at USD 15.68 Billion in 2023 and is expected to reach USD 23.12 Billion by 2030, at a CAGR of 5.7 % from forecast 2024 to 2030. Increasing Energy Demand and Renewable Energy Integration to Drive the Market.Global Power Transmission And Motion Control Market:- Power Transmission and Motion Control Market is expected to reach US$ 461.28 Bn. by 2030 at a CAGR of 18.03 during the forecast period. Growing advanced technologies in the automotive and power generation industries are a major driving factor behind the growth of the market.Power Diode Market was valued at USD 2.90 Bn in 2023 and is expected to reach USD 4.05 Bn by 2030, at a CAGR of 4.9 % during the forecast period.Wireless Sensor Market expected to hit USD 32.14 Bn by 2029 from USD 10.6 Bn in 2021 at a CAGR of 18 % during the forecast periodWireless Video Surveillance Market size was valued at US$ 47.19 Bn. in 2022 and the total revenue is expected to grow at 10% through 2023 to 2029, reaching nearly US$ 91.95 Bn.Wireless Health and Fitness Devices Market size was valued at USD 3.40  Mn. in 2023 and the total revenue is expected to grow at 6.6% through 2023 to 2030, reaching nearly USD 5.31  Mn.

Key Benefits for Stakeholders:

This report offers a comprehensive analysis of the Wireless Power Transmission market, combining both quantitative and qualitative insights. It covers segment analysis, current trends, market dynamics, challenges, and forecasts for the industry from 2024 to 2030.Utilizing Porter’s Five Forces framework, the report examines the power of buyers and suppliers, supporting stakeholders in making informed decisions and strengthening supplier-buyer relationships.A detailed look at market segmentation covers key opportunities within the Wireless Power Transmission sector.Major countries within each region are mapped according to their revenue contributions, highlighting their impact on the global market.Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.

About Maximize Market Research:

Maximize Market Research is a multifaceted Market Research and consulting company with professionals from several industries. Some industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
+91 9607365656
sales@maximizemarketresearch.com

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Supreme Court Justice Michelle O’Bonsawin Joins Elementary Students for Live Virtual Q&A and Chapter One Storybook Reading on Sep. 24

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The Honourable Justice Michelle O’Bonsawin, the first Indigenous person appointed to the Supreme Court of Canada, will join elementary students in a live virtual Q&A on September 24, from 1:00-2:15 pm ET, following a reading of the children’s storybook, “Daanis the Judge.” This event is hosted by Chapter One, a children’s literacy charity, to commemorate the National Day for Truth and Reconciliation. Lawyer Victoria Perrie, writer of “Daanis the Judge,” will read aloud the inspiring story, which is based on Justice O’Bonsawin’s remarkable journey. Illustrator EJ Miller-Larson will join Justice O’Bonsawin and Perrie in a moderated Q&A session with over 1900 elementary students.

TORONTO, Sept. 21, 2024 /PRNewswire-PRWeb/ — The Honourable Justice Michelle O’Bonsawin, the first Indigenous person to be appointed to the Supreme Court of Canada, will join elementary students in a live virtual Q&A following a live online reading of the original children’s storybook “Daanis the Judge,” on September 24, from 1:00-2:15 pm ET. The event will be hosted by Chapter One to mark the National Day for Truth and Reconciliation. Chapter One is a children’s literacy charity that provides 1:1 high-impact reading tutoring and co-creates original storybooks with participating communities nationwide.

“I am very humbled and proud to be a part of the book, “Daanis the Judge.” My hope is that this book will inspire youth to dream big and know that anything is possible. I am evidence of that!” – Justice Michelle O’Bonsawin

Métis-Cree lawyer Victoria Perrie, who wrote “Daanis the Judge,” will lead the live reading. Students will ask questions during a moderated Q&A with Justice O’Bonsawin, Perrie, and illustrator EJ Miller-Larson, of the Fond du Lac Band and Oneida Nation.

“Daanis the Judge” was inspired by Justice O’Bonsawin’s trailblazing career. It tells the story of a young student, Daanis, who dreams of becoming a judge after learning about Justice O’Bonsawin’s achievements.

The story is part of Chapter One’s growing collection of original children’s e-storybooks, co-created with Indigenous writers, illustrators and communities. The e-storybooks celebrate Indigenous experiences and perspectives, and feature audio clips of Elders pronouncing foundational words in their communities’ first languages. All e-storybooks are provided for free through the Global Free Library.

About Chapter One

Chapter One (chapterone.org/ca) is a global nonprofit and registered Canadian charity that provides one-on-one early literacy tutoring programs to 2,300 children in eight provinces and territories across Canada. Its proven “short burst” high-impact tutoring approach—five-minute sessions, three to five times a week—is ideally suited to young children’s attention spans and aligns with the Science of Reading. In one of the largest randomized control trials conducted on early literacy instruction, researchers from Stanford University found that 7 out of 10 students receiving Chapter One high impact tutoring achieved phonics benchmarks by the end of Kindergarten, compared to 32% in the control group.

Children at risk of reading failure receive 1:1 reading support from trained, paid paraprofessional tutors through Chapter One’s online reading platform and custom software. Programs are delivered in-person and virtually in classrooms through agreements with schools and school boards, and at home on families’ smartphones, connecting struggling readers with individualized reading support—regardless of location and circumstance, even in some of the most geographically remote communities in Canada.

In addition to its tutoring programs, Chapter One collaborates with Indigenous communities to co-create children’s stories that represent the communities’ priorities and experiences and advance language revitalization efforts. The e-storybooks are provided for free online, as part of the Global Free Library.

Event details

The Live Virtual Q&A and Reading of “Daanis the Judge” with the Honourable Justice O’Bonsawin takes place on Tuesday, September 24, from 1:00-2:15 pm ET via Zoom. The event is open to elementary classes (Grades 1-6). Teachers/principals must register their classes in advance using this link.

Media Contact

Denise Orosa, Chapter One Canada, 1 4374224825, denise.orosa@chapterone.org, chapterone.org/ca

View original content to download multimedia:https://www.prweb.com/releases/supreme-court-justice-michelle-obonsawin-joins-elementary-students-for-live-virtual-qa-and-chapter-one-storybook-reading-on-sep-24-302254639.html

SOURCE Chapter One Canada

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PEAC Institute Launches “24 Hour Pause for Peace: A Global Concert”

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24 Hour Pause for Peace Will Be the Largest Peace Initiative Ever Worldwide, Unifying 96 Countries on Six Continents Through Music

MONTCLAIR, N.J., Sept. 21, 2024 /PRNewswire-PRWeb/ — On this International Day of Peace, PEAC Institute, part of the 2017 Nobel Peace Prize winning team, has launched “24 Hour Pause for Peace: A Global Concert,” the largest peace initiative ever organized worldwide through music.

“Now, we need companies, government entities, other nonprofits and donors who care about our cause for peace to join us in lifting up the biggest event of this generation.”

On October 4, 2025, this ground-breaking program will activate a massive network of youth ensembles that spans 96 countries and territories across six continents and host two 24-hour commercial festivals featuring some of the biggest acts in music and entertainment. This extraordinary day-long event will be live-streamed globally, allowing millions to participate simultaneously.

“It has been 40 years since Live Aid and We Are the World historically unified and changed the world through music,” said Rebecca Irby, president and CEO of PEAC Institute. “With our planet riddled with post-pandemic fatigue, climate chaos, unsettling wars and more, we believe it is time to create a new trajectory for humanity by inviting everyone around the globe to a 24 hour pause for peace to enjoy the sounds of music and feel the transformative power of human connection,” Irby explained.

Additionally, 24 Hour Pause for Peace plans to amass more than 100 million ambassadors to sign an appeal to the United Nations calling for a 24 hour ceasefire during the children’s concerts and commercial music events. All countries are welcome to participate with no exceptions. One of Pause for Peace’s core beliefs is everyone has the right to be equally respected and heard, particularly in collectively calling for peace.

“Achieving this ambitious global endeavor requires the support and participation from the most impactful brands, organizations, and influential leaders, artists and celebrities,” said Jennifer McKenna, 24 Hour Pause for Peace CEO.

Pause for Peace is a $165 million global initiative. Currently, it is in its first phase of raising seed capital through consumer brand-aligned sponsorships and private donors. Funding for the program is tax-deductible through PEAC’s 501(c)(3) status.

“We have assembled an exceptional executive team of change agents in entertainment, production, consumer marketing, charitable development and global security to make this extraordinary, worldwide peace event happen.” McKenna added. “Now, we need companies, government entities, other nonprofits and donors who care about our cause for peace to join us in lifting up the biggest event of this generation.” To become involved in 24 Hour Pause for Peace: A Global Concert as a sponsor, partner or donor, sign up to be an Ambassador, or for more information, go to www.24hourpauseforpeace.org.

About PEAC Institute

PEAC Institute is a 501(c)(3) nonprofit organization based in the United States. PEAC stands for peace, education, art and communication. It was formed in 2016 through a campaign with partner organization, International Campaign to Abolish Nuclear Weapons (ICAN), which garnered a 2017 Nobel Peace Prize. PEAC now holds special consultative status with the Economic and Social Council of the United Nations and has a global presence working with countries and territories worldwide to reach the most marginalized youth through art and communication activities to help them explore and express. For more information on PEAC Institute, go to www.peacinstitute.org.

Media Contact

Chadwick Boyd, Pause for Peace, 1 4046060611, chadwick@24hourpauseforpeace.org, www.24hourpauseforpeace.org

View original content to download multimedia:https://www.prweb.com/releases/peac-institute-launches-24-hour-pause-for-peace-a-global-concert-302254527.html

SOURCE Pause for Peace

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Global Times: China opens 12 nuclear research facilities to global scientists

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The involved facilities span areas such as basic nuclear research, isotope production, nuclear environment simulation, equipment testing, and radioactive waste treatment and disposal.

VIENNA, Sept. 21, 2024 /PRNewswire/ — China will open 12 nuclear research facilities and testing platforms to international scientists and institutions to enhance global cooperation, a senior Chinese official said here on Monday.

These include the China Advanced Research Reactor, the new-generation tokamak device Huanliu-3, and the Beishan Underground Research Laboratory, Liu Jing, vice chairman of the China Atomic Energy Authority (CAEA), said at a meeting on the sidelines of the International Atomic Energy Agency’s (IAEA) annual general conference.

The facilities span areas such as basic nuclear research, isotope production, nuclear environment simulation, equipment testing, and radioactive waste treatment and disposal.

Monday’s meeting, themed “Share for Development,” was organized by the CAEA to promote international cooperation in nuclear technology research and development, as China marks the 40th anniversary of its accession to the IAEA.

Yu Jianfeng, chairman of China National Nuclear Corporation, said at the event that the company aims to deepen cooperation with the IAEA and expand international collaboration. He expressed hope that opening China’s nuclear research facilities will contribute to advancing nuclear technology globally.

IAEA’s Deputy Director General Mikhail Chudakov commended China’s remarkable achievements in nuclear energy development and highlighted the long-standing, fruitful relationship between the IAEA and the CAEA.

Welcoming China’s decision to open up more of its nuclear research and development facilities, Chudakov said the move will further strengthen the agency’s technical capacity to support its member states.

On Monday evening, the CAEA and China’s permanent mission to the United Nations (UN) and other international organizations in Vienna jointly held a reception at the UN headquarters in Vienna to celebrate the 40th anniversary of China’s accession to the IAEA. More than 200 participants, including IAEA representatives and foreign envoys to Vienna, attended the event.

Li Song, China’s permanent representative to the UN and other international organizations in Vienna, said at the reception that China and the IAEA have expanded practical cooperation and jointly promoted the development of nuclear energy over the past 40 years.

China, he said, will continue to strengthen collaboration with the IAEA and its member states to address emerging challenges in international security, safeguard the global non-proliferation regime, and promote the use of nuclear energy and technology for the benefit of the Global South.

At the reception, Liu, Li and IAEA Director General Rafael Grossi jointly unveiled a bronze statue of Qian Sanqiang, a renowned Chinese nuclear physicist and one of the founders of China’s nuclear industry.

The statue, donated by China, will be permanently displayed at the IAEA headquarters, alongside sculptures of Polish-French physicist Marie Curie and other prominent figures who have made significant contributions to the peaceful use of nuclear energy.

Contact: xutianshu@globaltimes.com.cn

View original content:https://www.prnewswire.com/news-releases/global-times-china-opens-12-nuclear-research-facilities-to-global-scientists-302254830.html

SOURCE Global Times

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