Global Wireless Charging Market industry valued approximately USD 3.42 billion in 2016 is anticipated to grow with a healthy growth rate of more than 34.88% over the forecast period 2017-2025. The major factors driving the growth are rising espousal of wireless technology in electronics devices like tablets and smartphones. Furthermore, many sectors viz. defense, automotive, healthcare, and industrial are anticipated to add to the growth rate of the industry. These aforesaid sectors have shown an increasing inclination for reducing the bothersome wires for charging various devices.
The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Technology:
- Resonant
- Inductive
- RF
- Others
Application:
- Industrial
- Automotive
- Defense
- Consumer Electronics
- Healthcare
- Others
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Regions:
- North America
- Europe
- Asia Pacific
- Latin America
Furthermore, the years considered for the study are as follows:
- Historical year – 2015
- Base year – 2016
- Forecast period – 2017 to 2025
Some of the key manufacturers involved in the market are WiTricity Corp., Fulton, Panasonic Corp., Qualcomm, Laird Plc, Nucurrent Inc., PowerbyProxi and Integrated Device Technology. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and focuses on continuous technology innovations are also strategies adopted by the major players. The companies are also trying to dominate the market by investing in research and development.
Target Audience of the Wireless Charging Market Study
- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers (VARs)
- Third-party knowledge providers
- Investment bankers
- Investors
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