Wireless Charging Market – Global Industry Analysis and Forecast (2017-2026)
Wireless Charging Market is expected to grow from USD 3.67 Billion in 2017 to US $ 65 Billion by 2026, at a CAGR of 37.62 % between 2017 and 2026.(Detailed analysis of the market CAGR is provided in the report)
Wireless charging is used to charge batteries of electrical and electronic devices without any physical connection, instead of with the use of an electromagnetic field to transfer energy from source terminal to consumer terminal. Wireless charging offers numerous benefits such as flexibility, integration with multiple devices, mobility and many more.Constantly evolving portable electronics & wearable device market, wireless charging enabled smartphones, growing demand for smartphones, and the necessity of harvesting ambient RF are the major factors driving the growth of the wireless charging market. However, lack of standardization, comparatively slower charging rate, and high cost high associated costs are the key restraints for the market growth.
Further key findings from the report:
• The Inductive technology accounted for the largest share of the overall wireless charging market in 2016. This is because inductive technology is being used for charging devices such as laptops, tablets, iPods, and other devices, and most of the wireless charging device is based on resonance technology. Increasing demand for these devices further contributes to the growth of inductive technology in wireless charging
• Wireless charging market for consumer electronics applications accounted for the share of over 55% in 2016. A proliferation of devices like smartphones, tablets, portable PCs, and wearable electronics, which require frequent charging for optimal performance, Development in the IT & telecom sector coupled with the increase in the number of netizens are the major factors contributing to the growth of a market
• Among geographical regions, Americas are anticipated to hold more than 34% of the overall wireless charging market share. This can be attributed to rising in the adoption rate of wireless charging for industrial applications, the presence of a large population and wider adoption of mobile devices such as smartphones and wearable devices, and raising awareness of wireless power technology among consumers
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Key Highlights:
• Analyzes competitive developments such as contracts, joint ventures, mergers & acquisitions, collaborations, product launches & developments, and research and development (R&D) in the Wireless Charging Market
• The objective of the report is to provide a detailed analysis of the Wireless Charging Market on the basis of technology, transmission range, application, and geography
• Complete quantitative analysis of the industry from 2017 to 2026 to enable the stakeholders to capitalize on the prevailing market opportunities
• In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain
• Analysis of the Wireless Charging Market with respect to individual growth trends, prospects, and contribution to the total market
• Segment wise business performance detailed in report will be worthwhile for the organizations willing to enhance its business
• Provides detailed information regarding the major factors influencing the growth of the Wireless Charging Market (drivers, restraints, opportunities, and challenges)
• This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business
Years that have been considered for the study are as follows:
• Base Year – 2016
• Estimated Year – 2017
• Forecast Period – 2017 to 2026
For company profiles, 2016 has been considered as the base year. In cases, wherein information was unavailable for the base year, the years prior to it have been considered
Research Methodology:
Bloomberg, Hoovers, Factiva are some of the sites that are being referred to gain insights about Wireless Charging Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Wireless Charging Market globally.
Key Players in the Wireless Charging Market Are:
• Energizer Holdings, Inc
• Convenientpower HK Limited
• Integrated Device Technology
• Murata Manufacturing Co. Ltd
• Leggett & Platt, Incorporated
• Powerbyproxi Ltd.
• Qualcomm Incorporated
• Powermat Technologies Ltd.
• Texas Instruments Incorporated
• Witricity Corporation
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Key Target Audience:
• Electronic design vendors
• Wireless power enabled device manufacturers and supplier
• Battery providers and manufacturers
• End-users/enterprise-users
• Research institutes and organizations
• Government bodies, venture capitalists, and private equity firms
• Market research and consulting firms
• Enterprise data center professionals
The scope of the Wireless Charging Market:
Research report categorizes the Wireless Charging Market based on technology, transmission range, application, and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Wireless Charging Market with key developments in companies and market trends.
Wireless Charging Market, By Technology:
• Radiation Technology
• Inductive Technology
• Other Technologies
Wireless Charging Market, by Transmission Range:
• Short Range
• Medium Range
• Long Range
Wireless Charging Market, By Application:
• Healthcare
• Automotive
• Consumer Electronics
• Defense
• Industril
Wireless Charging Market, By Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Browse Full Report with Facts and Figures of Wireless Charging Market Report at: https://www.maximizemarketresearch.com/market-report/wireless-charging-market/2733/
MAJOR TOC OF THE REPORT
Chapter One: Wireless Charging Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Wireless Charging Market Competition, by Players
Chapter Four: Global Wireless Charging Market Size by Regions
Chapter Five: North America Wireless Charging Revenue by Countries
Chapter Six: Europe Wireless Charging Revenue by Countries
Chapter Seven: Asia-Pacific Wireless Charging Revenue by Countries
Chapter Eight: South America Wireless Charging Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Wireless Charging by Countries
Chapter Ten: Global Wireless Charging Market Segment by Type
Chapter Eleven: Global Wireless Charging Market Segment by Application
Chapter Twelve: Global Wireless Charging Market Size Forecast (2019-2026)
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Wireless Charging: Lumawant Godage
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