With the increasing use of mobile phones and other devices such as tablets, laptops etc. that need charging after a period of use is driving the demand for wireless charging devices. QI charging is one of the major technologies that can be used for wireless charging phones, tablets etc. There is high scope for the Wireless Charging Market in the consumer electronics industry and others in various regions across the globe in the upcoming years.
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Scope and Regional Forecast of the Wireless Charging Market:
In the Wireless Charging Industry, phones with wireless charging are anticipated to have the major share of revenue compared to any other devices due to the rising use of mobile phones among the consumer electronics segment by the population across the globe.
Asia Pacific is the major region with huge potential of growth for the Wireless Charging Industry. The high population, growing use of mobile phones and increasing investment by emerging economies such as China, South Korea, Japan and India in this industry are the major factors driving the scope in future.
North America and Europe are the major regions for the growth of Wireless Charging Industry. The growing demand for QI charging and wifi charging devices is expected in various regions across the globe in the upcoming term.
The Wireless Charging Market is a high potential market with increasing demand for wireless charging QI technology for wireless charging of mobile phones and other handheld consumer electronics as well as laptops around the world. This market is expected to have high growth owing to high investment for development of QI wireless inductive charging by companies, increasing demand for wireless charging technology for QI compatible phones and growing scope for wireless recharging for devices in various regions across the globe in the upcoming years.
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Segmentation and Key Players of the Wireless Charging Industry:
The Wireless Charging Market is segmented into various categories by application, by country and by region as follows:
By application: consumer electronics, healthcare, transportation, industrial and others
By country: United States, Germany, Japan and China
By region: North America, Europe and Asia
The key players in the Wireless Charging Market are as follows:
- Powermat Technologies Ltd.
- WiTricity Corporation
- Texas instruments Inc.
- Qualcomm Incorporated
There is high demand for wireless recharge devices and wifi charging technology to power the handheld devices such as mobiles, tablets etc. among the population in future.
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