Long-Range Wireless Charging Market Size & Analysis _ BIS Research

1. Long-Range Wireless Charging Market Size & Analysis | BIS Research Long-range wireless charging refers to a method that can charge devices over distances of several feet or meters, as opposed to standard wireless charging, which typically works over a few centimeters. This technology aims to provide more convenience and flexibility by eliminating the need for cables and proximity to charging stations. This technology utilizes methods such as radio frequency (RF) systems, which transmit energy through radio waves, and resonant inductive coupling, which involves coils tuned to resonate at the same frequency for efficient energy transfer. Long-range wireless charging is a technology that enables the transmission of electrical energy over distances, typically several feet or more, without the need for physical contact between the charger and the device. Unlike traditional wireless charging, which usually

2. requires placing the device on a charging pad, long-range wireless charging can power devices as soon as they are within a certain radius of the transmitter. The global long-range wireless charging market is estimated to reach $3,279.6 million by 2035, at a CAGR of 34.10% during the forecast period 2024-2035. The industrial impact of long-range wireless charging is poised to be transformative, particularly in sectors where automation and efficiency are paramount. By enabling remote charging capabilities, this technology can significantly enhance the operational efficiency of factories and warehouses where autonomous robots and drones are employed, reducing downtime for charging and increasing productivity. In sectors such as logistics and manufacturing, the integration of long-range wireless charging systems can lead to more flexible layout designs and continuous power supply to devices on the move, such as forklifts, autonomous drones and automated guided vehicles, without the constraints of fixed charging stations. For autonomous drones, wireless charging facilitates uninterrupted operation by allowing them to autonomously recharge their batteries while in-flight or stationed at designated landing areas, optimizing efficiency and productivity in aerial operations. Advantages of Long-Range Wireless Charging Convenience: The most obvious benefit is convenience. There’s no need to plug in your devices or align them perfectly on a charging pad. You can charge multiple devices simultaneously without the clutter of cables or having to move them around. Continuous Power: Devices can remain charged as long as they are within range of the transmitter. This is particularly useful in environments like homes, offices, and public spaces where multiple devices need constant power. Enhanced Mobility: As this technology develops, we may see a shift in how we design and use electronics. Devices could become slimmer and lighter as they no longer need bulky batteries. This could also lead to advances in wearables, medical devices, and even electric vehicles. Reduced E-Waste: Fewer cables and adapters mean less electronic waste, contributing to a more sustainable environment. Browse in-depth TOC on “Long-Range Wireless Charging Market Focus on End User, Technology, Component, and, and Region - Analysis and Forecast, 2024-2035″ Click here to download free Sample Report. Recent Developments in the Global Long-Range Wireless Charging Market

3. • In October 2023, Powercast, a leader in wireless power solutions, teamed up with Nichicon, renowned for its electronic components, to integrate radio frequency (RF) charging into Nichicon’s new small lithium titanate oxide rechargeable batteries. This collaboration aimed to create compact, eco-friendly, rechargeable devices that minimize e-waste and maintenance costs. By combining Powercast's RF wireless charging with Nichicon's batteries, they're enabling small devices such as styluses, wireless thermometers, medical devices, and IoT sensors to charge over the air. • In June 2023, Powercast and Powermat, leaders in wireless power technologies, united their expertise in RF and SmartInductive technologies, respectively, to offer comprehensive short- and long-range wireless power solutions tailored to customer needs. This partnership would also utilize Powercast's services, from initial concept through to production, to assist customers every step of the way. • In 2023, the field of long-range wireless charging, particularly through magnetic resonance technology, saw significant developments and applications across various sectors, highlighted by companies such as WiTricity and initiatives under the AirFuel Alliance. WiTricity has been at the forefront of developing wireless power transfer technology that extends efficiency and charging ranges beyond existing methods. Its efforts emphasize flexible and consumer-friendly products that leverage magnetic resonance for reliable wireless power transfer. Challenges Facing Long-Range Wireless Charging Despite the potential, long-range wireless charging is not without its challenges. Efficiency Loss: Transmitting energy over longer distances often leads to a loss of efficiency. The farther the device is from the transmitter, the more energy is lost during the transmission, which can reduce charging speeds. Safety Concerns: As energy is transmitted through the air, there are concerns about the impact on human health. Ensuring that these systems are safe for use in public spaces without causing interference or health risks is a major focus for developers. Compatibility: Different devices require different power levels, and ensuring that a single transmitter can charge multiple devices efficiently is a challenge. The technology also needs to be compatible across various brands and standards. Key Market Players and Competition Synopsis

4. The companies that are profiled have been selected based on thorough secondary research, which includes analyzing company coverage, product portfolio, market penetration, and insights gathered from primary experts. The global long-range wireless charging market comprises key players that have established themselves thoroughly and have the proper understanding of the market, accompanied by start-ups that are looking forward to establishing themselves in this highly competitive market. In 2022, the long-range wireless charging market was dominated by established players, accounting for 29% of the market share, whereas start-ups managed to capture 71% of the market. Some prominent names established in this market are: • • • • • WiTricity Corporation Powercast Corporation GuRu Wireless Energous Corporation Enrx The Future of Long-Range Wireless Charging The potential for long-range wireless charging is enormous. While it is still in its early stages, with companies and researchers actively developing the technology, there is no doubt that it will transform our relationship with energy and electronics. As challenges around efficiency, safety, and cost are addressed, the technology will likely become mainstream, leading to a future where our devices are always powered, and charging becomes a seamless, invisible part of our lives. Long-range wireless charging is more than a convenience—it represents a leap forward in energy distribution, mobility, and sustainability. The future is cordless, and the era of long-range wireless charging may be closer than we think.