What is Global Industrial Wireless Power Transmission for Short Range Market?
The Global Industrial Wireless Power Transmission for Short Range Market is an emerging field that focuses on the transmission of power without the use of wires over a short range. This technology is gaining traction in the industrial sector due to its potential to provide seamless power supply, reduce the clutter of wires, and improve operational efficiency. The market encompasses various technologies and applications, each with its unique features and benefits. The global market for this technology was valued at a significant amount and is expected to grow exponentially in the coming years. The growth is driven by the increasing demand for wireless power transmission in various industrial applications, advancements in technology, and the need for efficient power transmission solutions.
Electro Magnetic Induction Technology, Magnetic Field Coupling Technology in the Global Industrial Wireless Power Transmission for Short Range Market:
The Global Industrial Wireless Power Transmission for Short Range Market is primarily segmented into Electro Magnetic Induction Technology and Magnetic Field Coupling Technology. Electro Magnetic Induction Technology is a method of transmitting power through an electromagnetic field. This technology is widely used due to its efficiency and safety. On the other hand, Magnetic Field Coupling Technology is a newer method that uses magnetic fields to transmit power. This technology is gaining popularity due to its ability to transmit power over longer distances and through obstacles. Both these technologies have their advantages and are chosen based on the specific requirements of the application.
EV Construction Machinery / Vehicles, Port AGV, Others in the Global Industrial Wireless Power Transmission for Short Range Market:
The Global Industrial Wireless Power Transmission for Short Range Market finds its application in various areas such as EV Construction Machinery/Vehicles, Port AGV, and others. In EV Construction Machinery/Vehicles, this technology is used to wirelessly charge the vehicles, reducing the need for physical charging stations and cables. This not only improves the efficiency of the vehicles but also reduces the downtime associated with charging. In Port AGV, the technology is used to power automated guided vehicles, improving their operational efficiency and reducing the need for manual intervention. The technology also finds its application in other areas where there is a need for efficient and seamless power transmission.
Global Industrial Wireless Power Transmission for Short Range Market Outlook:
Looking at the market outlook, the Global Industrial Wireless Power Transmission for Short Range Market was valued at US$ 473.8 million in 2023. It is expected to reach a staggering US$ 1354.8 million by 2030, growing at a CAGR of 16.0% during the forecast period 2024-2030. The largest share of the market is held by Electro Magnetic Induction Technology, accounting for 91% of the global market. In terms of applications, the EV Construction Machinery/Vehicles segment holds the largest share of the global market, accounting for 71% of the total market. This data clearly indicates the growing demand and potential of the Global Industrial Wireless Power Transmission for Short Range Market.
| Report Metric | Details |
| Report Name | Industrial Wireless Power Transmission for Short Range Market |
| Accounted market size in 2023 | US$ 473.8 million |
| Forecasted market size in 2030 | US$ 1354.8 million |
| CAGR | 16.0% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | DAIHEN, HEADS Co.，Ltd ., Omron Automotive Electronics (Nidec), IPT Technology GmbH, WÄRTSILÄ, Bombardier, DAIFUKU, PANASONIC, B& PLUS, ABB, WAVE |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
