Woods has played the HSBC World Match Play Championship only one other time, losing on the final hole to Mark O'Meara in 1998 after blowing a 4-up lead at Wentworth Club.
'I would love to win it, and hope that this year will be my year,' Woods said.
The 16-man field has 36-hole matches each round and offers $1.75 million to the winner, the richest payoff in the world among official tournaments.
U.S. Open champion Michael Campbell won last year, adding to the legacy of the event. Since it began in 1964, only four winners do not have a major championship -- Graham Marsh, Isao Aoki, Colin Montgomerie and Lee Westwood. Ernie Els has won a record six times.
The HSBC World Match Play Championship will be Sept. 14-17, a week before the Ryder Cup in Ireland.
'The 36-hole match play format will be good preparation, and we will all be looking for some confidence,' Woods said.
Woods is eligible as the No. 1 player in the world ranking. The rest of the field is determined by performances in the majors, a ranking list from five top European tour events, plus two other European tour players not otherwise eligible.