Wireless Charging Market is Growing Rapidly over 27% of CAGR By 2022

“Wireless Charging Market”
Wireless Charging Market is expected to grow at USD ~20 Billion by 2022, at 27% of CAGR between 2016 and 2022 | Wireless Charging Market

Market Scenario

Technological advancements in transmission of energy without wires or cables from a power source to a consuming device is driving the wireless charging market. A wireless charger comprises a charging station (or transmitter) that transmits the energy, and a receiver (integrated inside a device) that receives the energy and charges the battery.

The wireless charging market is growing rapidly over 27% of CAGR and is expected to reach at USD 20 billion by the end of forecast period. 

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Wireless Charging Market Segmentation

The wireless charging market has been segmented on the basis of technology and application. On basis of application the wireless charging consists of automotive, industrial healthcare, consumer electronics, IT and telecommunications, aerospace & defense. The aerospace industry includes wide applications of wireless charging such as auto industry has adopted wireless charging so fast. After all, automotive engineers are late adopters of new technology.  Their considered approach is for good reason as new technology must be thoroughly studied for value, safety and reliability before it is designed into a consumer device that has a 10-to 15-year lifetime 

Key Players

  • Qualcomm Inc. (U.S.)
  • Fulton Innovation LLc (U.S.)
  • Texas Instruments, Inc. (U.S.)
  • Witricity Corporation (U.S.)
  • Convenient Power HK Ltd. (Hongkong)
  • Integrated Device Technology, Inc. (U.S.)
  • Murata Manufacturing Co. Ltd. (Japan)
  • Energizer Holdings, Inc. (U.S.)
  • Oregon Scientific, Inc. (U.S.)
  • Anker Technology Co. Limited (U.S.) 

Regional Analysis

Regional analysis for wireless charging market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. The study reveals that North America region would evolve as a leader in wireless charging market.  The study indicates large investments by European markets in wireless charging are playing an important role in the European economy. The factors like the growing awareness of wireless power technology among consumers and increasing adoption of wireless charging for industrial applications in the US will propel the growth of this segment. Moreover, US has presence of leading suppliers of wireless charger ICs like Integrated device technology. 

Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Wireless Charging Market Research Report -Forecast to 2022”. 

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Market Research Analysis:

Market Research Future Analysis shows that new adoptions of Internet of things (IoT) would result in sudden hike in Wireless charging market. It has been observed that developments in wireless charging give automotive designers an important new tool with which to differentiate their products.  Wireless charging is helping car companies offer new experiences like pre-programmed driver preferences for seat memory, HVAC settings, in-cab lighting experiences, streaming video and a host of other functions, all with the knowledge that using these features will not result in a drained phone battery.  

Table of Content

1          Market Introduction

2          Research Methodology

3          Market Dynamics

4          Executive Summary

5.         Market Factor Analysis

5.1       Porter’s Five Forces Analysis

5.2       Supply Chain Analysis

6          Wireless Charging Market, By Segments

6.1       Introduction

6.2       Market Statistics

6.2.1    by Technology

6.2.2    by Application

6.2.3    by Geography

7          Competitive Analysis 

List of Tables

Table 1 Wireless Charging Market, By Technology

Table 2 Wireless Charging Market, By Application

Table 3 Wireless Charging Market, By Region

Table 4 North America Wireless Charging Market, By Technology

Table 5 North America Wireless Charging Market, By Application

Table 6 U.S. Wireless Charging Market, By Technology

Table 7 U.S. Wireless Charging Market, By Application

Table 8 Canada Wireless Charging Market, By Technology

Table 9 Canada Wireless Charging Market, By Application

Continued… 

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