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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
A power source can convey electrical energy to an electronic device without the use of physical connectors or wires using wireless power transfer technology, often known as wireless charging or inductive charging. Electronic devices like smartphones, smartwatches, and electronic cards (like RFID or smart cards) are frequently charged using this technology.
The inductive coupling principle is often used to transfer electricity wirelessly. A transmitter (or charging pad) and a receiver (built into the electronic card or device) are the two primary parts of the system. An oscillating magnetic field is generated around the transmitter by the alternating current (AC) that is generated in a coil of wire.
Electronic cards and other devices have a reception coil that is made to resonate with the frequency of the magnetic field produced by the transmitter. Through electromagnetic induction, this resonance causes a current to be induced in the receiver coil.
The induced current in the receiver coil is then transformed back into electrical energy that can be applied to the device's components or utilized to recharge the battery. A rectifier circuit normally controls this energy conversion by converting the alternating current (AC) into direct current (DC), which is ideal for charging.
Electronic cards, wearables, and other small electronic devices are among the applications that have used wireless power transfer technologies in recent years. It is especially ideal for situations where simplicity of use and aesthetics are significant considerations because it provides convenience and lessens the clutter of charging cords.
The Global Wireless Power Transfer Technology For Electronic Card Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
For electronic cards like fingerprint authentication cards, Murata Manufacturing has created a wireless power transfer technology that receives more power from an NFC reader terminal. This technology is already being offered as a technical solution by Murata.
With advancements in personal authentication and contactless card security, the need for fingerprint authentication cards has grown recently. In addition to a typical communication function with the NFC reader terminal, fingerprint authentication cards require a power-receiving function from the NFC reader to power the fingerprint sensor in the card.
Murata created this technique in order to harness more power from an NFC reader terminal. Comparing this technique to conventional power transfer systems, cards can get 1.7 times more power* from an NFC reader terminal.
This technology helps shorten the time needed for fingerprint authentication and allows a fingerprint authentication card to be utilized away from NFC reader terminals even if the card is battery-less. This technology makes it possible to create electronic cards with functions like display, sensing, connectivity, and others in addition to fingerprint authentication cards.
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |