Global Rectenna Market – Introduction
- A rectenna, also known as rectifying antenna, is a device that converts AC electromagnetic (EM) waves into DC electricity.
- It is a type of a flexible radio-frequency (RF) antenna, which receives EM waves and enables wireless power transmission. These waves travel into the semiconductor and are converted by the rectenna into DC voltage, which can be used to recharge batteries or power electronic circuits.
- A major component of a rectenna is a rectifier, which converts the AC input signal into the DC power output. In earlier days, gallium arsenide or silicon was used for the manufacture of rectifiers.
- Currently, a novel 2-D material called molybdenum is preferred. Molybdenum is one of thinnest materials in the world. Rectennas are of two types: optical rectennas and radio-frequency (RF) rectennas. Optical rectennas convert light into electricity.
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Increasing Demand for Consumer Electronics to Drive Global Rectenna Market
- The global rectenna market is expected to be driven by increasing demand for advanced technology devices in the consumer electronics industry including laptops, smart phones, tablets, and other portable devices. Furthermore, widening user base of smartphones is expected to be a major factor driving the global rectenna market during the forecast period.
Product enhancement driving Global Rectenna Market
- Cellular wireless communications have shown tremendous growth in recent years. Radio frequency energy harvesting has become an important technology by offering low power devices to get free from batteries
- The rectenna developed by the MIT and University of Madrid can convert the energy from wi-fi signal into electricity. The device can produce around 40 microwatts of power when exposed to a power level of wi-fi signals
- Due to such opportunities the batteries of electronics devices such as smartphones, laptops, wearable can be easily charged or powered
- Such types of product enhancement in the rectenna is anticipated to boost the rectenna market in the forecast period
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North America to Lead Global Market
- In terms of region, the global rectenna market can be split into: North America, Europe, Asia Pacific, Middle East & Africa and South America
- Rectenna market in North America is anticipated to hold the largest market share in the forecast period. This growth can be attributed to technological development in the region and high adoption of wireless technologies
- Rectenna market in Asia Pacific region is expected to grow with the highest CAGR owing to the high adoption rate of the wireless technologies and large consumer electronics industry
- Middle East & Africa and South America are the potential growth markets for the rectenna market
Key Players in Global Market
Prominent players operating in the global market are focusing on technological developments and expansions to meet the growing demand for rectenna market. Moreover, manufacturers are entering partnerships for the development of innovative products and gain higher profit margins.
Key players operating in the global rectenna market include:
- AVX Corporation
- API Technologies
- Allis Communications Co., Ltd.
- CoolCAD Electronics, LLC
Global Rectenna Market – Segmentation
The global rectenna market can be segmented based on:
Global Rectenna Market, by Type
Based on type, the global rectenna market can be classified into:
- Radio-frequency Rectenna
- Optical Rectenna
Global Rectenna Market, by Application
Based on application, the global rectenna market can be divided into:
- Wireless Power Transmission
- Proximity Cards
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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Below is a snapshot of these quadrants.
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The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
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