Wireless Charging Market Subjected to Expand Moderately by 2023
Wireless Charging market is still in the
growth phase and new applications are coming in the picture every day. For the
purpose of this report, Market Research Future has bifurcated the application
segment into consumer electronics, Industrial, Infrastructure, and Automotive
among others. Consumer electronics segment accounts for the largest market
share in the year 2016. High demand for the consumer electronic products such
as smartphones, tablets, wearable devices among others are the major driving
factor for the growth of the consumer electronics segment. Smartphones segment
accounts for highest market share in the year 2016.
Get Free Sample Report : https://www.marketresearchfuture.com/reports/wireless-charging-market-2744
Increasing disposable income around the
world is leading to the high expenditure on the electronic products which
includes purchase of smartphones and wearable devices. Growing demand of
smartphones around the world, especially in Asia Pacific is one of the major
driving facto which is supporting the market of smartphone wireless charging.
The Global Wireless
Charging market is expected to get high growth in coming years. Huge demand
of smartphones, developing market for electric vehicles, growth in
semiconductor industry, and developing market of IoT are some factors driving
the market growth during forecast period 2016-2023. However, high cost and
compatibility issues are some of the factors hampering the market growth.
Key Players:
Samsung Electronics Co Ltd. (South Korea), Texas Instruments Inc.
(U.S.), NXP Semiconductors (Netherlands), Qualcomm Inc. (U.S.), Integrated
Device Technology, Inc. (U.S.), Powermat Technologies Ltd (Israel), WiTricity
Corporation (U.S.), PowerbyProxi (New Zealand), TDK Corporation (Japan), and
Convenient Power HK Limited (China) are some of the prominent players profiled
in MRFR Analysis and are at the forefront of competition in the Global Wireless
Charging Market.
Industry News
December 2017 – PESI, a
South Korean designer studio, has introduced a range of furniture and homeware
products integrated with wireless charging supported by electromagnetic
induction technology. These products are available in two forms namely
composition and on the surface. On the surface products includes flat wireless
charging surface and desktop items such as container, clock, mirror, and
speakers. Whereas, composition products includes wireless charging surface
which can be customize with wood and acrylic elements.
December 2017 - Dan Bus
Company, an Israel transit service company, has announced of investing around
USD 2.2 million in wireless technology to deploy electric power sources on the
regular roads of the country. These electric roads would be capable of
providing power to vehicles from the road using conduction coils which provide
charging power through magnetic induction.
October 2017 – PowerSphyr,
a global provider of wireless power technology products and solutions, acquired
Gill Electronics, a wireless power & charging device designer. Gill
Electronics is one of the prominent manufacturer of resonant magnetic systems
deployed with Airfuel, and FCC approved products. With this acquisition, the
PowerSphyr is expected to produce wireless charging solutions enabled with
resonant magnetic solutions.
Browse
Full Report @ https://www.marketresearchfuture.com/reports/wireless-charging-market-2744
Wireless Charging Global Market- Competitive Analysis
Wireless Charging market appears to be competitive in the coming
years owning to the presence of numerous large players active in regional
market. Samsung Electronics, TDK Corporation, Qualcomm Inc., Texas Instrument
Inc., and Integrated Device Technology Inc. are some of the companies leading
the wireless charging market globally. The key strategies traced from the
analysis of recent developments of the key players include Product Launch,
Agreement & Partnership, Acquisition and expansion. Strategic partnerships
between Key players support the growth and expansion plans of the key players
during the forecast period. On the product and sales side, companies are
investing in innovation/R&D, brand building, and fostering strong
relationships with customers to support their competitive position.
Wireless Charging Global Market- Segmentation
The Wireless Charging Market can be classified into 4 key segments
as follows:
Segmentation by Technology: Inductive Coupling and Capacitive Coupling
Segmentation by Components: Transmitters and Receivers
Segmentation by Application: Consumer Electronics (Smartphones,
Tablets, Wearable Device), Industrial, Infrastructure, and Automotive.
Segmentation by Regions: Comprises Geographical regions -
North America, Europe, Asia Pacific and Rest of the World.
Wireless Charging Global Market- Regional
Analysis
Asia Pacific is dominating the market of wireless charging due to
advancement and high demand for consumer electronic products such as
Smartphones, Tablets and wearable devices. Asia Pacific accounts for more than
35% of global population and most of the Asian countries are still in
development phase creating high demand for the electronic equipment’s. China
and Japan are supporting the supply of wireless charging solution whereas
countries these countries are also making huge consumption of these products
along with India, South Korea and Taiwan. North America followed by Europe has
expected to hold second and third position respectively in the global wireless
charging market.
About Market Research
Future:
At Market Research Future (MRFR), we
enable our customers to unravel the complexity of various industries through
our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw
Research Reports (3R), Continuous-Feed Research (CFR), and Market Research
& Consulting Services.
Comments
Post a Comment