Wireless Power Transmission Market expected to reach USD 52.771 billion by 2030

Wireless Power Transmission Market Trends & Forecast

According to a research study published by Knowledge Sourcing Intelligence (KSI), the wireless power transmission market will expand from USD 18.811 billion in 2025 to USD 52.771 billion in 2030 at a CAGR of 22.92% during the forecast period.

The Wireless Power Transmission (WPT) market is the sum of the technological advancements that make it possible to send electrical energy over a distance without the use of connectors. This can be through methods such as electromagnetic fields, microwaves, and lasers. This market is a solution to the main problems of providing power to devices across various sectors, including consumer gadgets charging, medical implants, electric vehicles (EVs), and industrial equipment. Further, it also provides a way for efficient, convenient, and large-scale energy supply, eliminating cable wear, increasing safety, and, thus, aiding the growth of Internet of Things (IoT) ecosystems as well as that of renewable energy integration.

WPT is a very important tool for the world to manage its energy sources properly and thus, be able to make the switch to sustainable and connected technologies. The market growth is mainly caused by the ongoing development of resonant and inductive technologies, along with the increasing demand in the areas of EVs and smart homes. Furthermore, industry research indicates the sector’s growth due to the worldwide commitment towards electrification and the requirement for seamless power systems.

Wireless Power Transmission Market Highlights

• The Hardware segment is likely to lead the component category at the time of 2030, the main reason will be the great demand for parts like transmitters, receivers, and coils in consumer electronics and automotive applications. Among the hardware methods, there are also compact power pads and high-efficiency antennas, which are very helpful in making WPT systems more extensive, especially in the cases of electric vehicles that are being rapidly equipped with such charging infrastructure.
• Inductive Coupling will be the most important technology in the technology segment over the next years. The near-field method is very good for smartphone charging and medical devices that need very short-range applications, and it also gets the benefits from its maturity, low cost, and high efficiency rates. The integration of this technology into standards like Qi further drives its adoption as the wireless charging ecosystems are getting larger.
• The Short-Range segment is going to stay ahead of the competition in the range category over the projected period. Short-range WPT, which is usually under 10 cm, is considered the best option for portable devices and wearables since it is the consumers’ preference for no cables that pushes the market, and the gadgets that are Qi-enabled keep increasing.
• The Consumer Electronics segment is expected to be the largest in the application category by 2030, supported by the fact that there are already a lot of smartphones, laptops, and smart home devices requiring seamless charging. The segment’s growth is further boosted by e-commerce trends and 5G integration, which demand uninterrupted power for connected devices, thus making wireless charging a standard feature in premium gadgets.
• The Asia Pacific region is projected to take the lead in the regional market, with China’s rapid industrialization and India’s aggressive EV adoption policies in Japan and South Korea as the main drivers. The capabilities of the manufacturing sector in the region, along with the government offering incentives for green technology and urban areas that are highly populated, are the factors that contribute to WPT innovation for both consumer and automotive uses. In fact, the main companies, such as Samsung and Toyota, are heavily investing in R&D, which eventually results in the establishment of Asia Pacific’s location as the center for the market to expand.

Report Coverage:

Report Metric	Details
Wireless Power Transmission Market Size in 2025	US$18.811 billion
Wireless Power Transmission Market Size in 2030	US$52.771 billion
Growth Rate	CAGR of 22.92%
Drivers	The Demand for EV Charging Infrastructure is on the Rise Increase in Internet of Things and Wearable Devices
Restraints	Technological and Safety Issues High Initial Investment and the Absence of Universal Standards
Segmentation	Component Technology Range Application Geography
List of Major Companies in Wireless Power Transmission Market	Samsung Electronics Co. Ltd WiTricity Corporation TDK Corporation Murata Manufacturing Co. Ltd Energous Corporation

Wireless Power Transmission Market Growth Drivers and Restraints

Growth Drivers:

• The Demand for EV Charging Infrastructure is on the Rise: The entire planet movement towards electric mobility needs very effective and dynamic WPT solutions that will make in-motion charging possible, thus eliminating range anxiety and at the same time, supporting grid integration. Considering that the sales of EVs are expected to grow, the area of market penetration for resonant WPT for roadways and parking lots is being sped up through the making of investments.
• Increase in Internet of Things and Wearable Devices: The rapid increase in the number of devices that can be connected calls for small maintenance-free power supplies, where WPT gets rid of batteries and makes continuous operation possible. The strain coming from this factor is very strong in the medical field concerning implantable devices and in consumer electronics, with the focus on the extended battery life.

Restraints:

• Technological and Safety Issues: WPT technology for long-range such as microwaves, is encountering the problem of energy loss while at the same time losing the public’s trust due to the perceived risks of the electromagnetic fields, and this is a reason why strict regulations are being imposed that slow down the commercialization process and increase the cost of R&D.
• High Initial Investment and the Absence of Universal Standards: The process of developing WPT systems that can be scaled requires a lot of money to be put in the infrastructure, and at the same time, the existence of different standards does not facilitate interoperability, which in turn can make it difficult to introduce the technology in a wide range of applications, thus the end-users might face the problem of compatibility.

Wireless Power Transmission Market Key Development

• In September 2025, NTT and Mitsubishi Heavy Industries announced that they had successfully conducted an outdoor optical wireless (laser) power transmission experiment over a distance of 1 kilometer, disposing of the 1 kW laser at the transmitter and receiving 152 W at the receiver with a total efficiency of 15%.
• In January 2025, Samsung announced the upcoming S2MIW06 wireless charging PMIC, which is a system controller for Rx that enables EPP/MPP/BPP standards and high-power transfer, which assists up to 50 W wireless charging.

Wireless Power Transmission Market Segmentation

Knowledge Sourcing Intelligence has segmented the Wireless Power Transmission Market based on component, technology, range, application, and region:

Wireless Power Transmission Market, By Component

• Hardware
• Software

Wireless Power Transmission Market, By Technology

• Inductive Coupling
• Capacitive Coupling
• Resonant Inductive Coupling
• Others

Wireless Power Transmission Market, By Range

• Short
• Medium
• Long

Wireless Power Transmission Market, By Application

• Consumer Electronics
• Healthcare
• Automotive
• Others

Wireless Power Transmission Market, By Region

• North America
  • USA
  • Canada
  • Mexico
• South America
  • Brazil
  • Argentina
  • Others
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Others
• Middle East and Africa
  • Saudi Arabia
  • Israel
  • UAE
  • Others
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Others

Wireless Power Transmission Market Key Players

• Samsung Electronics Co. Ltd
• WiTricity Corporation
• TDK Corporation
• Murata Manufacturing Co. Ltd
• Energous Corporation
• Texas Instruments Incorporated
• Renesas Electronics Corporation
• LG INNOTEK
• Qualcomm Technologies, Inc.
• RRC Power Solutions