Microwave Power Transmission Market Segmentation:
Application Segment Analysis
The space solar power station segment is estimated to hold 25% share of the global microwave power transmission market in the coming years. Space solar power stations transform solar energy into microwaves, which it then transmits to a receiving antenna on Earth where it is transformed into electric power without the interference of Earth’s atmosphere. This electric power is then transmitted by microwave power transfer (MPT) to the Earth without any interruptions and energy losses.
Technology Segment Analysis
Microwave power transmission market from the near-field segment is set to garner a notable share shortly. Near-field technology also known as non-radiative or inductive coupling refers to systems with a transfer distance within the wavelength (λ) of the transmitter part “antenna” that operates based on the near-field electromagnetic coupling of coils and is used to transfer power over short distances by magnetic fields. Moreover, microwave-based wireless power transfer in the near field is now attracting a lot of interest, which is expected to drive the segment’s growth.
Our in-depth analysis of the global market includes the following segments:
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