IMS Research forecasts that transmitters will take lion's share of wireless power revenues by 2016
November 07, 2011 // Paul Buckley
A new study focusing on the wireless power industry published by market analyst, IMS Research, reports that wireless power transmitters which enable wire-free power transfer to consumer devices, are projected to account for 75% of combined transmitter/ receiver revenues by 2016.
Jason dePreaux, a research manager with IMS Research, explained. Cost is certainly a barrier to wireless power adoption. A popular saying in the industry is that 'if it were free, we'd see it everywhere'. Obviously that's not realistic, but with the transmitter there's only so low you can go.
Wireless power transmitters can range from basic single-zone designs to more advanced implementations which can charge multiple devices. dePreaux added, Future transmitter offerings will be more efficient and flexible in terms of device placement. But the availability of low-cost, basic transmitters is just as important in creating an sizable installed base. It would really kick-start the market if a wireless charger were bundled together with a new mobile phone.
Though the wireless power market is still in its infancy, it offers massive potential, especially in mobile phone applications. Currently, wireless power is available as an optional feature, requiring the consumer to purchase both the transmitter and receiver separately from the device. Future plans call for wireless power receivers be built into a host of consumer products and for transmitters to be placed into homes, offices, and automobiles. IMS Research projects that the annual market for wireless power will reach $4.5 billion by 2016. All news
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