Microwave Power Transmission Market Analysis

  • Report ID: 5237
  • Published Date: Sep 15, 2023
  • Report Format: PDF, PPT

Microwave Power Transmission Market Analysis

Application (EV Battery, Medical Device, Space Solar Power Station, Payload Spacecraft Module, High Power Weapon)

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 (Near-Field, Far Field)

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:

             Technology

  • Near-Field
  •  Far Field

              Component

  • Signal Generator
  • Power Amplifier
  •  Transceiver Antenna
  •  Rectifier Circuit

               Application

  • Space Solar Power Station
  • Payload Spacecraft Module
  • High Power Weapon
  • EV Battery
  •  Medical Device

               Industry

  • Automotive
  • Aerospace
  •  Healthcare
  •  Consumer Electronics
  • Defense
 
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Browse Key Market Insights with Data Illustration:


Author Credits:  Dhruv Bhatia


  • Report ID: 5237
  • Published Date: Sep 15, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising adoption of renewable energy sources across the globe and the growing adoption of battery-powered devices are the major factors driving the growth of the market.

The market size of Microwave Power Transmission is anticipated to attain a CAGR of 21% over the forecast period, i.e., 2024 – 2036.

The major players in the market are Texas Instruments, Inc., Nucurrent, Inc., Powermat Technologies, Ltd., Powerbyproxi, Ltd., Witricity Corporation, Convenientpower Hk, Ltd., Salcomp PLC.

The space solar power station segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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