Wireless Charging Market- Overview
Wireless charging market is still in the developmental phase and novel applications are occupying the global arena every day. In order to conduct an intricate study on global wireless charging market, Market Research Future (MRFR) has classified the application segment into industrial, infrastructure, automotive, and consumer electronics, among others. Consumer electronics market accounted for the largest share during the year 2016. Increased demand for consumer electronic gadgets such as wearable devices, tablets, smartphones, among others are the key driving factor for the development of the consumer electronics segment. Smartphones segment represented the largest share of the market during the year 2016. Rising disposable income throughout the world is contributing to the expanding expenditure on electronic products that comprises the purchase of wearable devices and smartphones. Spurring demand for smartphones across the world, especially in the Asia Pacific region is one of the key driving forces which is aiding the growth of the market for smartphone wireless charging. The worldwide Wireless Charging Market is estimated to get fetch increased development over the coming years. Propelling demand for smartphones, surging market for electric vehicles, development in the semiconductor sector, and emerging market of IoT are some aspects propelling the market developer throughout estimation period 2016-2023. On the other hand, compatibility issues and high cost are some of the major restricting the market growth.
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Regional Analysis
Asia Pacific has been witnessed to rule the market for wireless charging owing to progression and rising demand for consumer electronic gadgets such as tablets, wearable devices, and smartphones. Asia Pacific represents more than 35% of the worldwide population and most of the Asian economies are still in growing phase making way for high demand for the electronic gadgets. Japan and China are supporting the creation of wireless charging solutions simultaneously making increased consumption of these products collectively with South Korea, Taiwan, and India. North America market followed by Europe market has been estimated to represent the second and third position respectively in the worldwide wireless charging industry.
Key Players:
The prominent players in the market of Wireless Charging Industry are – Samsung Electronics Co Ltd. (South Korea), Texas Instruments Inc. (U.S.), Integrated Device Technology, Inc. (U.S.), NXP Semiconductors (Netherlands), Powermat Technologies Ltd (Israel), WiTricity Corporation (U.S.), PowerbyProxi (New Zealand), Qualcomm Inc. (U.S.), TDK Corporation (Japan), Convenient Power HK Limited (China) among others.
Segmental Analysis
According to the report published by Market Research Future, the wireless charging market can be categorized into 4 key segments based on technology, components, application, and regions. Based on technology, the global wireless charging market has been segregated into capacitive coupling and inductive coupling. Based on components, the market has been segmented into receivers and transmitters. According to the application, the market has been segmented into industrial infrastructure, automotive, and consumer electronics (wearable device, tablets, and smartphones). Based on regions, the global wireless charging market has been categorized into Europe, North America, Asia Pacific and Rest of the World.
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TABLE OF CONTENTS
List of Tables
Table 1 Devices With Built-In Wireless Charging 12
Table 2 Market Factor Analysis 19
Table 3 Global Wireless Charging Industry, By Technology (Usd Million) (2016-2023) 20
Table 4 Inductive Coupling Wireless Charging Industry, By Region (Usd Million) 22
Table 5 Capacitive Coupling Wireless Charging Industry, By Region (Usd Million) 24
Table 6 Others Wireless Charging Industry, By Region (Usd Million) 25
Table 7 Global Wireless Charging Industry, By Components (Usd Million) (2016-2023) 26
Table 8 Transmitters Wireless Charging Industry, By Region (Usd Million) (2016-2023) 28
Table 9 Receivers Wireless Charging Industry, By Region (Usd Million) (2016-2023) 29
Table 10 Global Wireless Charging Industry, By Application (Usd Million) (2016-2023) 32
Table 11 Consumer Electronics Wireless Charging Industry, By Products (Usd Million) (2016-2023) 34
Continued…
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