Wireless Charging Market - Global Revenue, Trends, Growth, Share, Size and Forecast

The global wireless market is expected to grow at a steady rate during the forecast period. Wireless charging is the process of transmitting electrical energy without transmitting materials or physical wires. In this technology, electrons flow through electric, magnetic or electromagnetic field medium. In the emerging technology market, some of the successfully evolved applications are microwaves, ultrasound, infrared, solar cells, laser, and resonance electromagnetic waves. Wireless charging technology works on two technologies, as induction and resonance of magnetic field. In inductive charging coils are tightly coupled, resulting in high power transmission with low heat generation. This inductive charging technology is highly preferable in charging of electronic devices such as smartphones and tabs. In resonant charging, coils are loosely coupled and have low-power transfer efficiency. Such type of systems is best suitable for the applications having a tight electromagnetic induction or electromotive force like in automobiles.

The global wireless charging market report offers in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and challenges in the wireless charging market.

KEY BENEFITS OF THE REPORT:
Deeper understanding of the strategies adopted by the key players in this market to stay competitive
Granular analysis about the growth map of the market during the next five years
Comprehensive analysis of the key market players and their market share
KEY PREMIUM INDUSTRY INSIGHTS:
Increasing demand for user-friendly and effortless charging options for electronic devices as well as bulky electric vehicles is the major driving factor for the growth of the wireless charging market.
The rising demand for the renewable energy sources, environment-friendly batteries, and intelligent management of the power systems to achieve better energy efficiency are also boosting the demand for the global market for wireless charging.
The availability of the option of charging multiple devices with a single charging source has gained a great rise in demand for the wireless charging technology, which is expected to drive the market demand.
However, the lack of awareness towards the benefits of the wireless charging technology and the requirement of huge capital investment limit the adoption of the smart charging or wireless charging options.
Moreover, the incompatibility and unequal standardization of various power transmitters are inhibiting the growth of the wireless charging market.
The demand in augmented power efficiency through wireless chargers and the changing lifestyles with increasing sophistication of the living standards are expected to provide significant growth opportunities for the market.
MARKET SEGMENTATION:
This report analyzes the wireless charging market by the following segments:

Wireless Charging Market, by Technology
Induction
Magnetic Field Resonance
Wireless Charging Market, by End-user
Consumer Electronics
Industrial
Automotive
Defense & Aerospace
KEY MARKET PLAYERS:
Key players in the wireless charging market include:

PowerbyProxi, Inc.
Powermat Technologies Ltd.
Qualcomm Inc.
WiTricity Corporation
Convenient Power HK Limited
Integrated Device Technology, Inc.
Powercast, Inc.
Samsung
Wireless Power Consortium

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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