Wireless Charging Market 2020
The wireless charging market is anticipated to reach around USD 95.6 billion by 2026. In 2017, the consumer electronics segment dominated the global market in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global wireless charging market revenue during the forecast period.
The wireless charging market has substantial potential for the present and future applications, owing to the rise in the mobile phone usage across the world, especially emerging regions such as India, China and South-East Asia. The growing demand for mobile devices and consumer goods drives the growth of the market during the forecast period. The wireless charging market is expected to grow significantly during the forecast period owing to increasing popularity of electric vehicles. Wireless charging has multiple applications in the EV technology including fuel supply, and in-car electronics. However, factors such as lack of standardization of mobile devices and their charging potentials, longer charging duration, and limited portability hamper the market growth to a certain extent. Growing demand from emerging economies, increasing adoption of IoT and smart devices are expected to provide numerous growth opportunities in the coming years.
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Major Key Players Analysis
The key players operating in the market include Integrated Device Technology, Mojo Mobility, Powercast Corp., Texas Instruments, Energizer Holdings, Leggett & Platt, Incorporated, Qualcomm Incorporated, Powermat Technologies Ltd., ConvenientPower, and Murata Manufacturing Co. Ltd. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
The global Wireless Chargingmarket report was curated by conducting an extensive evaluation and by applying various key methodologies. The report offers a vast pool of information for the readers and provides deep insights about the market. Our team of experts have carefully researched and analyzed the market to garner these insights and information. Considerable amount of time and efforts were spent in order to gain precise estimations about the market size and valuation. Each and every area of the global Wireless Chargingmarket was analyzed and narrowed down to grab these insights.
The study any particular industry or market requires thorough knowledge and understanding. To ensure the same, we conduct an extensive primary research. This form of research includes surveys about the market, in-depth interviews with market leaders, experts, KOLs, and observations and suggestions from major analysts and seasoned influencers. Following this, a secondary research is also conducted to validate the information attained previously and further strengthen the estimation of the market. The secondary research of the market includes going through trade journals, industry databases, the internet, and gaining information from reputable paid sources. With the help of these approaches and methodologies, a quantitative and qualitative insight of the global Wireless Chargingmarket is garnered. This way, the report provides effective and key information for the industry participants to make sound decisions and prioritize the segments which have the highest potential.
The global Wireless Chargingmarket is studied and analyzed with the help of a complete backdrop analysis. The report includes information about the various market segmentations, key market dynamics, geographical segmentation, and a thorough analysis of the competitive landscape. The report covers a host of company profiles, who are making a mark in the industry or have the potential to do so. The profiling of the players includes their market size, key product launches, information regarding the strategies they employ, and others.
Table of Contents – Major Key Points
1. Overview and Scope
2. Executive Summary
3. Wireless Charging Market Insights
4. Wireless Charging Market Size and Forecast by Component, 2018-2026
5. Wireless Charging Market Size and Forecast by Deployment, 2018-2026
6. Wireless Charging Market Size and Forecast by Parking Site, 2018-2026
7. Wireless Charging Market Size and Forecast by Solution, 2018-2026
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