Wireless Power Transmitter Market size is estimated to be USD 2.5 Billion in 2024 and is expected to reach USD 9.7 Billion by 2033 at a CAGR of 16.5% from 2026 to 2033.
The wireless power transmitter market in South Korea is undergoing significant growth as industries increasingly look for innovative and efficient ways to meet the demands of modern technology. As various sectors adopt wireless charging and power transmission technologies, the South Korean market is emerging as a key player in the global wireless power ecosystem.
South Korea has long been at the forefront of technology development, and its wireless power transmitter market is no exception. The market primarily caters to industries such as automotive, consumer electronics, healthcare, and industrial applications. Wireless power transmission offers several advantages, including the elimination of physical connections, the potential for faster charging, and the convenience of remote charging. As such, there is a growing demand for advanced wireless power transmitter solutions that cater to diverse industrial requirements.
One of the key drivers of this market is the increasing adoption of electric vehicles (EVs) in South Korea. Wireless charging technology is being explored as a potential solution for EV charging, with manufacturers and research institutes working on efficient, scalable, and cost-effective systems. This is pushing the demand for high-performance wireless power transmitters that can support the growing EV infrastructure in the country.
In the consumer electronics sector, the demand for wireless charging solutions has surged, driven by the proliferation of smartphones, wearables, and other connected devices. South Korea's leading technology companies are working to integrate wireless power transmitters into a variety of consumer electronics products. This not only enhances user experience but also reduces the clutter of cables and wires that have become ubiquitous in modern life.
The healthcare industry also contributes to the growing demand for wireless power transmitters. Medical devices that require constant power supply, such as implants and sensors, are increasingly benefiting from wireless power transfer systems. These systems allow for seamless operation without the need for manual intervention, making them ideal for use in hospitals and healthcare facilities.
As industries in South Korea continue to embrace wireless power transmission technologies, the market for wireless power transmitters is expected to expand rapidly. This growth is fueled by ongoing innovations, industry demand for more efficient solutions, and the country’s commitment to advancing its technological capabilities.
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Wireless Power Transmitter Market
Inductive Coupling
Resonant Inductive Coupling
Capacitive Coupling
Magnetic Resonance
Consumer Electronics
Automotive
Healthcare
Industrial Applications
Aerospace & Defense
Low Power (Up to 5W)
Medium Power (5W - 50W)
High Power (Above 50W)
Consumer Electronics
Automotive
Healthcare
Industrial
Aerospace & Defense
Low Frequency
Medium Frequency
High Frequency
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Wireless Power Transmitter Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Wireless Power Transmitter Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Wireless Power Transmitter Market, By Type
6. South Korea Wireless Power Transmitter Market, By Application
7. South Korea Wireless Power Transmitter Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Wireless Power Transmitter Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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