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Global Microwave Power Transmission System Market is projected to grow from USD 4.8 billion in 2021 to USD XX.X billion by 2028, at a CAGR of 18.3% during the forecast period (2021-2028). The major factors driving this growth are an increase in electric vehicles and the rise in demand for furniture with built-in microwave ovens owing to the increasing adoption of microwave cooking techniques globally.<br><br>Read more at: https://dataintelo.com/report/global-microwave-power-transmission-system-market/
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Home » Reports » Microwave Power Transmission System Market Research Report2021-2028 Latest Update: Impact of current COVID-19 situation has been considered in this report whilemaking Global Microwave Power Transmission System Market by Type (Induction, Magnetic Resonance), By Application (Standalone Chargers, Automotive (In Vehicle), Electric Vehicle Charging, Furniture, Industrial) And By Region (North America, LatinAmerica, Europe, Asia Paci몭c and Middle East & Africa), Forecast To2028 Report ID: 246097 4200 Energy & Power Dataintelo 187 Pages 5 (39) Table ofContent Request FreeSample ReportDetails GlobalMicrowavePowerTransmissionSystemMarketisprojectedtogrowfromUSD4.8billionin2021toUSDXX.X billion by 2028, at a CAGR of 18.3% during the forecast period (2021-2028). The major factors driving this growth are an increase in electric vehicles and the rise in demand for furniture with built-in microwave ovens owing to the increasing adoption of microwave cooking techniquesglobally. A microwave power transmission system is a wirelesstechnology that helps to transfer electric energy without any physical contact. This type of transmitter can convert electric energy into electromagnetic waves and transmit them to receiver antennae that converts the microwaves back into electricity. In this way, microwave power transmission systems help in creating an e몭cient means for long-distance transmissions of electric energy. This technology is being extensively used in the automotive industry for powering electric vehicles(EV). On the basis of types,the market is segmented into Induction and Magnetic Resonance. Get Free SampleReport Induction Inductionis the process of transferring electrical power from a generating source to an electrical loadby electromagnetic induction. The transfer occurs without connecting wires and all or part of the electrical charge will move through the air, water, or other media. Induction systems are analogous with radio waves as they derive their energy from electric current in one circuit but can be induced in another circuit by electromagneticinduction. Request CallBack MagneticResonance Magnetic resonance, which is also known as electromagnetic induction, uses a strong magnetic 몭eld to push electric currents. These electromagnetic waves are pushed through the pipeline and then create an alternating current in any conductor that crosses its path. This produces radiofrequency energy that can be used for heating purposes or converted into electricity by using a recti몭er orinverter. On the basis of application, the market is segmented into Standalone Chargers, Automotive (In-Vehicle), Electric Vehicle Charging, Furniture,Industrial. Chatnow StandaloneChargers Hotels,airports,andrestaurantsaresomeofthemostcommonsitesfortheGlobalMicrowavePowerTransmission ContactUs
SystemMarketinStandaloneChargers.ThisisbecauseithasasmallformfactorwhichmakesitconvenienttouseinSystemMarketinStandaloneChargers.Thisisbecauseithasasmallformfactorwhichmakesitconvenienttousein many environments. In addition, they have higher energy density when compared to batteries that make them ideal for powering devices such as kitchen appliances, electric razors, and vacuumcleaners. Automotive(In-Vehicle) The global microwave power transmission system market is growing at a signi몭cant rate. The use of this technology in automotive (in-vehicle) applications has been increasing across the globe due to its advantages over other technologies like induction and magnetic resonance, which are being used on a smaller scale for battery charging in electric vehicles. One of the key factors that have contributed to the growth of the market has been the increasing number of electric vehicles in variousregions. Electric VehicleCharging The microwave power transmission system, or MWPT for short, has been used to charge electric vehicles. It transmits electricity wirelessly using microwaves as waves that are generated by a transmitter and received at a receiver on an electrical device such as an electric vehicle. The advantages of the MWPT are that it is scalable, cost-e몭ective, and energy-e몭cient. It has low installationcosts. Furniture The microwave power transmission system market in furniture is a new niche that has emerged with time. It is also known as wireless charging of the future because it doesn't require any cables to be plugged in whatsoever. This type ofchargercaneasilyconvertelectricityintomicrowavesandtransmitthemthroughabuilding'swalls,ceilings,or몭oors - including those that are made of steel, concrete, or brick - without any di몭culty to the receivingend. Industrial Microwave Power Transmission Systems are being used in Industrial applications for charging purposes. Microwaves can be transmitted to a receiver antenna, which can then charge the battery of an electric vehicle. A primary advantage of this approach is that it does not require any additional infrastructure or cables on-site and there’s also no need to install power sockets for everyvehicle. On the basis of region, the market is segmented into North America, Latin America, Europe, Asia Paci몭c, and Middle East & Africa. North America is expected to dominate the Global Microwave Power Transmission System Market. The largest region in North America is the U.S., with a revenue share of more than 48% in 2016, and it dominates the market as well. The main reason for the growth in North America is the increasing demand for electricvehicles. Growth factors of the Global Microwave Power Transmission System Market Advancements in power transmission technology, the need for improved energy e몭ciency, and autonomous driving are factors that will drive the growth of the microwave power transmission system market. Advancement in power transmission technologies has led to the development of new types of transmitters such as induction and magnetic resonance which o몭er high-e몭ciency chargers with an output voltage surpassing 500 VAC. The increasing need for improved energy e몭ciency in the background of global climate change and stringent government regulations is propelling demand.
Dataintelo published a new report titled “Microwave Power Transmission System Market research report whichis segmented by Types (Induction, Magnetic Resonance), By Applications (Standalone Chargers, Automotive (In Vehicle), Electric Vehicle Charging, Furniture, Industrial), By Players/Companies Qualcomm, Inc., Samsung Electronics Co., Ltd., TDK Corporation, Texas Instruments, Inc., Nucurrent, Inc., Powermat Technologies, Ltd., Powerbyproxi, Ltd., Witricity Corporation, Convenientpower Hk, Ltd., SalcompPLC”. ReportScope Thereportcoverscomprehensivedataonemergingtrends,marketdrivers,growthopportunities,andrestraintsthat can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitoranalysis. Microwave Power Transmission SystemMarket GlobalOutlook
Source: DataInteloAnalysis Segments ByType Segments By Applica몭on • Induc몭on • Magne몭cResonance • Type3 • Type4 • StandaloneChargers • Automo몭ve (InVehicle) • Electric VehicleCharging • Furniture Get Free SampleReport GlobalMicrowavePowerTransmissionSystemMarketReport Segments: The market is segmented by Type Induction, Magnetic Resonance and By Application Standalone Chargers, Automotive (In Vehicle), Electric Vehicle Charging, Furniture,Industrial. Someofthecompaniesthatarepro몭ledinthisreportare: Qualcomm,Inc. Samsung Electronics Co.,Ltd. TDKCorporation Texas Instruments,Inc. Nucurrent,Inc. Powermat Technologies,Ltd. Powerbyproxi,Ltd. WitricityCorporation Convenientpower Hk,Ltd. SalcompPLC MicrowavePowerTransmissionSystemMarketresearchreportdeliversaclosewatchonleadingcompetitorswith strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in thereport. Key Bene몭ts for Industry Participants &Stakeholders: Industry drivers, restraints, and opportunities covered in the study Neutral perspective on the marketperformance Recent industry trends anddevelopments
Competitive landscape & strategies of keyplayers Potential & niche segments and regions exhibiting promising growth covered Historical, current, and projected market size, in terms ofvalue In-depth analysis of the Microwave Power Transmission SystemMarket Overview of the regional outlook of the Microwave Power Transmission SystemMarket: Based on region, the market is segmented into North America, Europe, Asia Paci몭c, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorizedinto U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Paci몭c is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Paci몭c. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest ofMEA. Microwave Power Transmission System MarketTaxonomy Microwave Power Transmission SystemMarket • ByType • Induc몭on • Magne몭cResonance • Type3 • Type4 • By KeyPlayers • Qualcomm,Inc. • Samsung Electronics Co.,Ltd. • TDKCorpora몭on • Texas Instruments,Inc. • Nucurrent,Inc. • Powermat Technologies,Ltd. • ByRegion • NorthAmerica • Europe • AsiaPacific • La몭nAmerica • Middle East &Africa • ByApplica몭on • StandaloneChargers • Automo몭ve (In Vehicle) • Electric VehicleCharging • Furniture Source: DataIntelo Analysis,2021 Email: sales@dataintelo.com |Tel: +1 909 545 6473 |www.dataintelo.com Get Free SampleReport • Highlights of The Microwave Power Transmission System Market Report: • The market structure and projections for the coming years. • Drivers, restraints, opportunities, and current trends of Microwave Power Transmission SystemMarket. • Historical data andforecast. • Estimations for the forecast period2028. • Developments and trends in themarket. • ByType: • Induction • MagneticResonance • ByApplication: • StandaloneChargers
Automotive (InVehicle) Electric VehicleCharging Furniture Industrial Market scenario by region, sub-region, andcountry. Market share of the market players, company pro몭les, product speci몭cations, SWOT analysis, and competitivelandscape. Analysis regarding upstream raw materials, downstream demand, and current marketdynamics. Government Policies, Macro & Micro economic factors are also included in thereport. WehavestudiedtheMicrowavePowerTransmissionSystemMarketin360degreesvia.bothprimary&secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The 몭ndings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated throughvarious market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to2028. How you may use ourproducts: Correctly Positioning New Products Market EntryStrategies Business Expansion Strategies Consumer Insights Understanding Competition Scenario Product & Brand Management Channel & CustomerManagement Identifying Appropriate AdvertisingAppeals Global MicrowavePower Transmission System Market Basis Point Share (BPS) & MarketA몭rac몭veness Analysis Fig. 04: Basis Point Share (BPS) Analysis, by Types, 2020 vs2028 Fig. 05: Market A몭rac몭veness Analysis by Types,2020‐2028 100% Type 3,XX Type 4,XX Magne몭c Resonance,XX Induc몭on,XX GrowthPoten몭al Type4 90% XX% XX% Type3 80% Magne몭cResonance 70% XX% XX% Induc몭on 60% CAGR2020‐27 50% +XX% 40% 30% +XX% XX% XX% 20% 10% ‐XX% 0% 2020 2028 Source: DataInteloAnalysis Source: DataInteloAnalysis ReasonstoPurchasetheMicrowavePowerTransmissionSystemMarketReport: The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
Segmentsandsub-segmentsincludequantitative,qualitative,value(USDMillion,)andvolume(UnitsMillion)Segmentsandsub-segmentsincludequantitative,qualitative,value(USDMillion,)andvolume(UnitsMillion) data. Regional, sub-regional, and country level data includes the demand and supply forces along with their in몭uence on themarket. The competitive landscape comprises share of key players, new developments, and strategies in the last three years. Comprehensive companies o몭ering products, relevant 몭nancial information, recent developments, SWOT analysis, and strategies by theseplayers. CHOOSE LICENSETYPE Single User $4200 Multi User $5500 Corporate User $6600 BuyNow Request FreeSample Ask For Discount Enquiry BeforeBuying RelatedReports Global Li ion Battery for Energy Storage Systems ESS Sales Market by Type (LiCoO2Battery... 4200 Energy & Power 207 Pages Global Li ion Battery for Evs Sales Market by Type (LiCoO2 Battery, NMC/NCA Battery,LiFe... 4200 Energy & Power 204 Pages
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