WIRELESS POWER AROUND THE WORLD
The Market for Wireless Power Systems Will Triple Over the Next 8 Years, Surpassing $15 Billion by 2020
July 3, 2012 (Pike Research)
"…Wireless power systems are evolving toward devices that connect to the wider power delivery infrastructure. As the technology matures and the industry consolidates, wireless power is beginning to see greater acceptance across a range of applications, and will become an increasingly common form of charging in the coming years…
"…According to a new report from Pike Research, the market for wireless power systems – encompassing mobile devices, consumer electronics, industrial applications, infrastructure devices, and electric vehicles – will triple over the next 8 years, growing from $4.9 billion in revenue in 2012 to $15.1 billion in 2020…"
"While North America is the largest market for wireless power today by a wide margin, it will be surpassed by mid-decade by the Asia Pacific region…
"…Wireless power revenue in Asia Pacific will reach $6 billion in 2020…representing 40% of the worldwide market. By application, the largest sector for wireless power in 2020 will still be mobile devices, with 36% of total revenue…"
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