According to the Market Statsville Group (MSG), the Global WPC Antenna Market size is expected to grow at a CAGR of 9.8% from 2023 to 2033.

A Wireless Power Coil (WPC) antenna converts the electrical energy into electromagnetic waves and vice versa, enabling the wireless transfer of power between a source and a device. WPC antennas are designed as coils or loops of wire, and their operation is based on the principles of electromagnetic induction. The WPC antennas have wide applications in wireless charging pads for smartphones and other portable devices. The innovative advancements in WPC antenna technology led to the development of wireless charging solutions for various electronic devices, a surging trend of cable-free power transfer across the world. WPC antennas have an application in electric vehicle charging pads to recharge electric cars simply by parking them over a specially designed pad.

The proliferation of smartwatches, smartphones, wireless earbuds, and other portable devices, has upsurged the demand for convenient and cable-free charging solutions which significantly augment the market’s growth. The growing automotive industry owing to the increasing adoption of electric vehicle technology is another factor that contributes to the WPC antennas market’s growth over the forecast period. According to the International Energy Agency (IEA), more than 10 million electric cars were sold in 2022, and is expected to rise by another 35% to reach 14 million in 2023.  Further, WPC antennas have wide application in medical devices like hearing aids, implantable cardiac devices, and wearable health monitors, thus creating a lucrative growth opportunity for the market.

Request Sample Copy of this Report: https://www.marketstatsville.com/request-sample/wpc-antenna-market?utm_source=free&utm_medium=harsh                   

WPC Antenna Market Key Players, 2023

The Major key players in the global WPC antenna market are:

• Molex LLC
• Sunway Communication
• TE Connectivity
• Shenzhen Accomtech Technology Co. Ltd.
• Kruse Electronic Components
• Maxtena
• Raltron
• Teltonika
• Shanghai Deman Electronics Technology Co. Ltd.
• KYOCERA AVX
• Airgain Inc.
• Galtronics USA Inc.
• Belden Inc.
• Nexans SA
• Prysmian Spa

Recent Developments

• IN August 2023, Belden Inc. entered into a partnership with Tubbesing. This partnership focuses on solutions and allows Belden to enhance its ability to be more available and more accessible across the world.
• In May 2023, Airgain, Inc. launched EZConnect platform, a new antenna featuring 1-foot cables with connectors easily connected to a customizable cable harness. Airgain further announced a new online configurator tool to assist customers in customizing cable lengths and connectors to better meet their needs.
• In May 2022, Sunway Communication partnered with Boston Micro Fabrication (BMF) to develop next-generation antennas. This partnership had established a joint development lab in San Diego, California.
• In September 2021, TE Connectivity (TE), acquired the antennas business from Laird Connectivity. The acquisition of the Laird antennas business enhanced TE’s product portfolio, specifically in antenna and wireless solutions for the Internet of Things (IoT) devices and Edge Access.

Direct Purchase Report: https://www.marketstatsville.com/buy-now/wpc-antenna-market?opt=3338&utm_source=free&utm_medium=harsh

Report Scope of the Global WPC Antenna Market

This market research study categorizes the WPC antenna market-based on type, and application at the regional and global levels.

By Type Outlook (Sales, USD Million, 2019-2033)

• Linearly Polarized Antenna
• Circularly Polarized Antenna
• Elliptical Polarized Antenna

By Application Outlook (Sales, USD Million, 2019-2033)

• Consumer Electronics Industry
• Communications Industry
• Automobile Industry
• Medical Industry
• Others

By Region Outlook (Sales, USD Million, 2019-2033)

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Italy
  • France
  • UK
  • Spain
  • Poland
  • Russia
  • The Netherlands
  • Norway
  • Czech Republic
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Indonesia
  • Malaysia
  • Thailand
  • Singapore
  • Australia & New Zealand
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Colombia
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Northern Africa
  • Rest of MEA
     Request For Report TOC: https://www.marketstatsville.com/table-of-content/wpc-antenna-market

WPC Antenna Market Segmental Analysis, 2023-2033

Based on application, the market is divided into consumer electronics industry, communications industry, automobile industry, medical industry, and others. The consumer electronics industry segment accounted for the largest market share in 2023. The increasing sale of smartphones, smart watches, tablets, and many others has enhanced the demand for convenient and rapid charger facilities across the world. The trend of wireless charging and consumer preferences for wireless and hassle-free charging of their electronics has significantly increased the demand for WTC antennas. As these antennas are used in wireless chargers to enhance the charging capability and offer a hassle-free experience, thereby driving the market’s growth.

Based on the regions, the global WPC antenna market has been segmented across Europe, North America, the Middle East & Africa, Asia-Pacific, and South America. North America accounted for the largest market share in 2023. The growing tech-savvy population and high adoption rate of consumer electronics in North America is the major driving factor for the market. Also consumers in the region increasingly rely on smartphones, tablets, and wearable devices, the demand for convenient and cable-free charging solutions has surged significantly increasing the demand for the WPC antenna market. Further, with the growing Electric Vehicle (EV) industry in the North American market, the demand for wireless charging solutions powered by WPC antennas has risen. The industries such as manufacturing and logistics are adopting automation and IoT technologies which subsequently fostered the market’s growth over the forecast period.