US WIRELESS POWER NETWORK BRIDGE MARKET 

KEY FINDINGS

• The US Wireless Power Network Bridge market is projected to grow at a compound annual growth rate (CAGR) of 12.5% between 2024 and 2030, reaching a market size of approximately $6.8 billion by 2030.
• Technological advancements, especially in energy transmission efficiency, are a key driver of market growth, with innovation in smart charging and IoT integration playing critical roles.
• Key trends include the growing demand for wireless power solutions in electric vehicles (EVs) and consumer electronics, which collectively account for over 55% of the market.
• Challenges facing the market include the high cost of infrastructure and implementation, as well as regulatory hurdles related to frequency interference and safety standards.
• Future trends indicate an increasing focus on long-range wireless charging solutions and the development of wireless power networks for smart cities and IoT-enabled infrastructure.
• Investment opportunities are expanding, particularly in the automotive, healthcare, and industrial sectors, which are increasingly adopting wireless power solutions for efficiency and flexibility.
• The growing adoption of wireless power bridges in the healthcare sector, especially for medical devices, is expected to account for 15% of the market by 2030.
• Several key players have made strategic acquisitions and partnerships to enhance their technological capabilities, positioning themselves strongly in this competitive market.
• The market is witnessing regulatory changes that encourage the adoption of wireless charging, such as the FCC’s approval of higher frequency bands for wireless power transmission.
• Consumers are showing a strong preference for products with integrated wireless power features, which has increased R&D spending by top companies by approximately 8% year-on-year.

INTRODUCTION  TO US WIRELESS POWER NETWORK BRIDGE MARKET

The US Wireless Power Network Bridge Market is at the forefront of technological evolution, offering an innovative solution for wireless energy transmission across various applications. This market covers a range of solutions from consumer electronics to industrial uses, transforming how energy is transmitted wirelessly over short and long distances. There are several types of Wireless Power Network Bridge technologies, including resonant inductive coupling, microwave power transmission, and laser-based systems. Each of these technologies serves distinct purposes depending on the range and efficiency required for different use cases.

The key applications for wireless power network bridges are in sectors like electric vehicles, healthcare (for powering medical devices), and smart homes. These technologies allow for the charging of devices without the need for direct connections, thus enhancing flexibility and reducing clutter. While the benefits of wireless power networks are evident, such as convenience and flexibility, there are challenges like the high cost of deployment, energy transmission losses, and regulatory limitations. However, ongoing research and technological advancements are helping mitigate these challenges, making wireless power networks more efficient and scalable.

US WIRELESS POWER NETWORK BRIDGE MARKET SIZE AND FORECAST

The US Wireless Power Network Bridge Market was valued at approximately $3.2 billion in 2023 and is expected to reach $6.8 billion by 2030, growing at a CAGR of 12.5%. Key drivers for this growth include increased adoption of wireless charging technologies in electric vehicles, consumer electronics, and industrial applications.

The automotive sector, in particular, is expected to account for nearly 40% of the market by 2030, driven by the rise of electric and autonomous vehicles. Future projections suggest that wireless power networks will become integral to IoT infrastructure, powering sensors and devices in smart cities and industrial automation. Investment in long-range wireless charging solutions is expected to be a significant growth driver over the next decade.

US WIRELESS POWER NETWORK BRIDGE MARKET TRENDS

Technological advancements are at the heart of the US Wireless Power Network Bridge Market’s growth. The shift towards more efficient energy transmission technologies, like resonant inductive coupling and microwave transmission, is enabling longer-range wireless power networks. Additionally, there is a growing trend toward integrating wireless charging into public infrastructure, such as roads and transportation systems, which could revolutionize EV charging stations.

Consumer behavior is also shifting towards devices that offer wireless charging capabilities, pushing manufacturers to integrate this feature into their products. The development of 5G and IoT infrastructure is another key trend that will drive demand for wireless power networks, especially in smart homes and smart cities.

NEW PRODUCT DEVELOPMENT IN US WIRELESS POWER NETWORK BRIDGE MARKET

• Product: Powermat’s Smart Charging Hub
  Powermat’s Smart Charging Hub is designed for public infrastructure, providing wireless charging for multiple devices simultaneously. This innovation has potential in airports, shopping malls, and public transportation systems, significantly improving accessibility and convenience for consumers.
• Product: WiTricity’s Wireless EV Charging System
  WiTricity has launched a wireless charging system for electric vehicles that eliminates the need for physical charging stations. This product is expected to drive widespread adoption of EVs by enhancing user convenience, especially in urban areas.
• Product: Ossia’s Cota Wireless Power System
  The Cota Wireless Power System by Ossia provides power transmission over a distance of several meters, making it ideal for IoT-enabled devices. This product could transform smart home ecosystems by enabling continuous, wireless power to sensors and gadgets.
• Product: Energous WattUp Mid Field
  Energous’ WattUp Mid Field technology allows for wireless power transfer over a distance of up to 15 feet. This product is expected to revolutionize industries requiring untethered device charging, particularly in warehouses and logistics.

US WIRELESS POWER NETWORK BRIDGE MARKET SEGMENTATION

By Technology: 

• Resonant Inductive Coupling
• Microwave Power Transmission
• Laser-Based Power Transmission

By Application: 

• Electric Vehicles
• Consumer Electronics
• Healthcare Devices
• Industrial Equipment

By End-User: 

• Automotive
• Healthcare
• Smart Homes
• Industrial Automation

By Range: 

• Short-Range
• Mid-Range
• Long-Range

TOP PLAYERS IN US WIRELESS POWER NETWORK BRIDGE MARKET

1. WiTricity Corporation
2. Powermat Technologies
3. Ossia Inc.
4. Energous Corporation
5. Qualcomm Inc.
6. Texas Instruments
7. Panasonic Corporation
8. Philips
9. Apple Inc.
10. Samsung Electronics

THIS REPORT WILL ANSWER THE FOLLOWING QUESTIONS

1. What are the key trends driving growth in the US Wireless Power Network Bridge Market?
2. What are the major challenges in deploying wireless power networks?
3. Which industries are leading the adoption of wireless power bridges?
4. How is the market expected to evolve by 2030?
5. What role do regulatory bodies play in shaping the market?
6. What are the primary technologies being used in wireless power transmission?
7. What are the latest innovations in the wireless power market?
8. How do wireless power networks impact the automotive industry?
9. What investment opportunities exist in this market?
10. How is consumer behavior affecting the wireless power market?
11. What are the most significant environmental impacts of wireless power networks?
12. How do wireless power solutions contribute to smart city infrastructure?