Global Wireless Charging Market Is Expected To Grow At 35.4% CAGR, by Revenue, from 2017 – 2025
The wireless charging market report presents a complete analysis and forecast of the market on global and regional level. The study of the market dynamics including market size, share, major push factors and restraints, pricing signals, demand, opportunities along with profiles of leading companies is described in this research report. Wireless charging offers energy transmission to batteries without the support of wires and cables. In wireless charging, charging can be done through different technologies such as inductive charging, microwave, magnetic resonant coupling and radio frequency among others. The global wireless charging market has been segmented on the basis of technology, application, and region. It also provides a cross-sectional study of the wireless charging market across broad regional segments such as North America, Europe, Asia-Pacific (APAC), Latin America and Middle East and Africa (MEA) under its scope. The market is primarily being driven by the demand of wireless charging among electric vehicle (EV) users, growing application of wireless charging wearable devices and increasing penetration of wireless charging in consumer electronics industry globally.Study of Wireless Charging Market forecasts a growth up to 43.32 billion USD by 2025, in terms of revenue, at 35.4% CAGR Click To Tweet
The scope of the Report
A complete analysis of market dynamics, which include the market drivers, restraints and opportunities, is included under the scope of the report. Market dynamics for the different segments, namely technology, and application, have been covered separately, under the purview of the report. Thus, this report provides an exhaustive study of the global wireless charging market and also forecasts the market for the evaluation period from 2017 – 2025.
Analysis Covered in the Report
Under the scope of the report on global wireless charging market, several high-level analysis have been covered. This includes the product-market trend analysis, product lifecycle analysis, Porter’s five forces analysis and market attractiveness analysis. Key trends analysis discusses the current and upcoming trends in the global market. Product lifecycle analysis analyzes the current lifecycle stage of the product in the five wide geographic regions, such as whether the product is approaching maturity in a region or whether it is a new entrant etc. Porter’s five forces analysis provides insights on the competitive market scenario, with regards to new entrants, substitutes, buyers and suppliers. For providing a detailed insight into the global Wireless charging market, the market attractive study has been included in the report. Market attractiveness analysis details the investment attractiveness, by each technology, application and geography.
Wireless Charging Market Dynamics
The primary driving factors of the wireless charging market are increasing demand of portable and without wire or cables charging solution among end users such as user of consumer electronics, electric vehicles and wearable gadgets. Wireless charging systems eradicates the need to carrying charging cables, decreases the risk of busting of charging cable due to overuse and convenience of charging consumer electronics from charging station placed in public places. Depletion of non-renewable energy resources and rising environmental consciousness among users has generated huge demand for electric vehicles (EV) in developed countries. Growing usage of wireless charging in EVs has created significant opportunity for the wireless EV charging market. In addition, rising demand of wireless charging enabled wearable devices such as smart watches, health monitoring bands and pedometer among consumers is also fuelling the growth of the market. Considering the positive impacts of the aforementioned factors, the demand for wireless phone charging is expected to grow during the forecast period from 2017 – 2025.
The Competitive Profiling
The competitive profiling of the key players in the global market and their business segments have been exhaustively covered under the purview of the study of global market size of phone's wireless charging. Moreover, the specific business strategies of key players in the market have also been covered in the report.
Leading Companies in the Wireless Charging Market
Some major players in the market are:
- Samsung Electronics Co. Ltd. (South Korea)
- Texas Instruments Inc. (The U.S.), Integrated Device Technology (The U.S.), Qualcomm Technologies (The U.S.), Energizer Holdings, Inc. (The U.S.), WiTricity Corporation (The U.S.), Fulton Innovation LLC (The U.S.)
- Powermat Technologies Ltd. (Israel), and
- Sony Corporation (Japan), Murata Manufacturing Company, Ltd. (Japan) among others.
The market has been segmented as follows:
Wireless Charging Market, by Technology
- Radio Frequency
Wireless Charging Market, by Application
- Consumer Electronics
- Aerospace & Defense
Wireless Charging Market, by Region:
- North America
- The U.S.
- The U.K
- CIS + Scandinavia
- Rest of the Europe
- Asia Pacific
- South Korea
- Rest of the Asia Pacific
- Latin America
- Rest of the Latin America
- The Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- Rest of the MEA
PURCHASE FULL REPORT | PRICING PLANS COMPARISON
REPORTS FOR SAME INDUSTRY
TELL US HOW YOU LIKE OUR SERVICE