Wireless Power Transmission Market Size, Share, Growth Analysis, By Technology(Near-Field Implementation (Inductive, Magnetic Resonance, Capacitive Coupling/Conductive), and Far-Field Implementation (Microwave/RF), By Implementation(Integrated, and Aftermarket), By Receiver Application(Smartphones, Tablets, Wearable Electronics, Notebooks), By Transmitter Application(Standalone Chargers, Automotive (In Vehicle), Electric Vehicle Charging, and Furniture), By Region - Industry Forecast 2025-2032

Wireless Power Transmission Market size was valued at USD 10.22 Billion in 2023 and is poised to grow from USD 12.26 Billion in 2024 to USD 52.75 Billion by 2032, growing at a CAGR of 20% during the forecast period (2025-2032).

The global wireless power transmission market is predicted to grow extensively since wireless power devices have much greater capability and the constraint of the conventional wire-based power transmission system. It provides increased ease and convenience in multiple businesses by utilizing potent electromagnetic fields to transmit power without wires. They are, therefore, being used increasingly in the automotive, healthcare, defense, industrial, and consumer electronics industries. In the coming years, the consumer electronics category is expected to spearhead the market. The primary drivers for this development are the high levels of utilization of wireless power for laptop, tablet, and mobile device charging. There will be a greater need for wireless power transfer because smartphones and other portable gadgets will be even more common with wireless charging. Furthermore, expansion of the consumer electronics market in countries such as South Korea, Japan, and Russia is expected to boost the wireless power transmission market growth. Moreover, wireless power transfer will also be increasingly adopted within the automotive industry for the charging of electric vehicles (EVs). In addition, applications in healthcare and defense also explore the possibility of implementing wireless power in military applications and medical devices. This will further expand the industry with upgrading and effectiveness in wireless power solutions that will lead to new avenues in various applications.