Wireless Chargers Market: Lucrative Opportunites across Globe
The primary advantage of wireless charger is that it thwarts overcharging as it automatically disconnects with the phone once it is charged completely. Besides, when a phone is plugged into a wireless charger, the initial shock can damage the battery over time. A wireless charger thwarts this since a phone's battery just needs to be placed in the charging pad that also provide temperature control and over-surge protection. They also prevent short circuits.
Continued product development in this field, on the account of the cutthroat competition in the global electronics market, has meant products have become more developed over the years. Now it’s all about wireless chargers that not just charge but double up as a lot of other things by having USB ports or USB-C hubs.
Report Detail: https://www.transparencymarketresearch.com/wireless-chargers-market.html
Growth in the number of electric vehicles, computers, and small electronic gadgets are some of the main factors that are driving demand in the market. Apart from that, rising application of communication technology and computer is also benefitting the market.
However, wireless chargers are costly and this is deterring the market. They also take longer time to charge and consume more electricity. In addition, rise in alternative wireless charging techniques such as ultrasound and solar power or ultrasound are also posing a challenge to wireless charging.
Global Wireless Chargers Market: Snapshot
The process of charging a device by using electromagnetic fields in order to transfer power from a source to a receiving point on the device is called wireless charging. As the name suggests, wireless charging absolutely does not need any physical medium of transferring electrical energy (i.e. via cords, cables, wires, and adapters).
Request PDF Brochure: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=18947
Wireless charging is often known as a safe and reliable way of charging and powering numerous devices. This technique is essentially suited for any kind of environment, be it charging at homes, in industrial and other energy-intensive sectors, and even at workplaces. As the use of physical connecting devices is eliminated, there are several advantages of using wireless charging. Some of these are: better efficiency, cost saving, better safety, as well as being more convenient than traditional charging scenarios. Other advantages of using wireless chargers is with respect to reducing the risk of spark, which may happen while using wired chargers. Charging without using any physical contact can also help towards preventionof corrosion of elements, which could be a drawback of wired charging systems. Smartphones, small hand-held device, as well as large industry grade heavy duty machines can all be charged wirelessly.
The principle of magnetic resonance is the main reason behind the working of wireless charging. This process works by using specific coils to produce an electromagnetic field from a source. This field is then used as form of electricity to charge a desired device or a machine.
The working process of wireless charging mainly starts with the main voltage getting converted into a high frequency alternating current (AC). The AC is reaches the transmitter coil, through transmitter circuits. The AC then produces a magnetic field that varies with time in the transmitter coil. This field then elongates to reach the receiver coil beyond the source’s boundaries, which then gets converted to direct current (DC), in order to charge a device’s battery.
The process of recharging batteries of various electrical devices without making use of any cables that are connected physically. The communication that takes place between the source of power i.e. transmitter and the device called receiver is generally through electromagnetic induction or microwave. Wireless chargers refer to that device that enables such a charging process.
The market of wireless chargers is driven by the rapid growth in the usage of electric vehicles, small electronic gadgets and computers market. Growing application of communication technology and computer all over the world has been contributing to the growth of the market. Increasing demand of transmission bandwidth and high-speed connectivity are also responsible for the growth of the market of wireless chargers market.
Alternative wireless charging techniques such as solar power or ultrasound have been developed and this acts as restraining factor for wireless chargers that run on electricity.
However, wireless chargers are costlier options and this is one of the restraining elements of the market of wireless chargers. Wireless chargers, however, takes longer to charge, consumes more electricity and generates more heat. Thus these attributes act as restraining factors for the market.
The market is segmented by application, technology and by geography. By application, the market is divided into consumer electronics, healthcare and automotive. The segment of consumer electronics accounted for the largest market share in 2016. Increasing usage of smartphones, wearables and tablets. These chargers are mostly used in small gadgets such as smartphones, however, laptops, computers also use wireless chargers. These wireless chargers also find its usage in the healthcare department. Gadgets like sugar measuring device use wireless chargers. Increasing usage of these chargers in office automation, medical and communication are also propelling the growth of this segment.
On the basis of technology, the wireless chargers market is divided into magnetic resonance, radio frequency, inductive coupling technology and other microwave optical beam. The inductive coupling category held the largest market share during 2016 and is expected to propel this market over the forecast period. When used in closer proximity, greater efficiency, operational convenience and ease of implementation are responsible for the growth of the market segment of inductive coupling technology.
Geographically, the market is segmented into North America, Asia Pacific (APAC), Europe, Middle East and America (EMEA) and Latin America. North America has been leading the market and accounts for the biggest market share. North America is anticipated to grow substantially during the forecast period of 2016-2024 owing to the increasing demand and usage of small-sized consumer electronics gadgets across the continent. The US accounted for the biggest market share in this geographical segment and is expected to lead throughout the forecast period.
Europe also accounts for a substantial market share in this market and occupies the second largest market share of wireless chargers market. The region is expected to grow well over the forecast period of 2016-2024. Owing to the increasing penetration of internet and data traffic and high growth of smartphones in the APAC region, the region is set to experience the fastest growth over the forecast period. Also increasing demand of laptops and personal computers in this region has led to the growth of this market. In China, Japan these chargers are increasingly used in electric vehicles. The market of Middle East and Africa is also expected to grow significantly over the forecast period.
Some of the major players of the wireless chargers market Qualcomm Incorporated (the U.S), Energizer Holdings (the U.S.), Evatran (the U.S.), Powermat Technologies Ltd (Israel), WiTricity (the U.S.), Fulton Innovation (the U.S.), Integrated Device Technology, Inc (the U.S.), Texas Instruments Inc. (the U.S.), Leggett and Platt (the U.S.), UBeam (the U.S.) amongst many others.
Report TOC: https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=18947
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Wireless Chargers Market: Lucrative Opportunites across Globe here
News-ID: 1110115 • Views: …
More Releases from Transparency Market Research
Silicon Photomultiplier Market - Global Industry Analysis, Size, Share, Growth, …
The Global Silicon Photomultiplier Market is witnessing substantial growth, driven by advancements in technology and the increasing demand for efficient and sensitive photodetectors across various industries. This market analysis provides valuable insights into the key factors influencing the market, such as size, growth, segmentation, drivers, challenges, and recent trends. Additionally, it delves into the future outlook, recent developments, regional perspectives, and opportunities for stakeholders. Market Overview In 2021, the silicon photomultiplier market
Advancements in Patient Monitoring and Ultrasound Devices Display Market: A Comp …
In the realm of healthcare technology, patient monitoring and ultrasound devices have witnessed a transformative evolution, marked by the transition from traditional monitors to digital multi-functional displays. This paradigm shift has not only enhanced the efficiency of medical diagnosis but has also enabled simultaneous tracking of multiple vital signs with the added benefits of portability and miniaturization. As a result, the global market for patient monitoring and ultrasound devices display
Ultraviolet (UV) Analyzer Market Future Demand, Emerging Trends, Growth Analysis …
The Ultraviolet (UV) Analyzer Market has witnessed substantial growth in recent years, and the outlook for 2031 promises even more promising prospects. According to the latest Press Release, the global UV Analyzer market was valued at US$ 2.1 billion in 2021 and is projected to register a Compound Annual Growth Rate (CAGR) of 5.7% from 2022 to 2031. By the end of 2031, the market is expected to reach a
Global Breast Surgery Retractors Market Poised for Growth Amid Rising Breast Can …
The global breast surgery retractors market is gaining traction, driven by key factors such as the increasing incidence of breast cancer, a growing emphasis on aesthetics, and a rising preference for minimally invasive procedures. According to Breastcancer.org, more than one in every eight women develops breast cancer during their lifetime, highlighting the urgent need for advanced medical solutions. Request to View Sample of Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=37946 Key Market Insights: Market Projection: According to Transparency
More Releases for Wireless
Wireless Platforms Market Is Expected To Grow At A Rapid Pace Throughout By Prod …
Acumen Research and Consulting has announced the addition of the "Wireless Platforms Market” report to their offering. The Wireless Platforms Market Report 2018 is an in depth study analyzing the current state of the Wireless Platforms Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Wireless Platforms Market provides analysis of China market covering the industry trends, recent
Hoomband Wireless-Does Hoomband Wireless Work-Complete Info
Each individual is precise. This is why for the Hoom undertaking we've got studied the panorama of existing sound techniques with a purpose to create the most whole content library possible. Get the Hoomband Wireless these days. All our content material is distinct and studied mainly for inducing the deepest and quickest sleep feasible. You can be without difficulty over excited through hypnotic documentaries, at the same time as your partner
4G LTE Wireless Broadband Market is Booming Worldwide| Sierra Wireless, Telit Co …
HTF MI recently introduced Southeast Asia 4G LTE Wireless Broadband study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status. The market Study is segmented by key regions, which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study. Request Sample of Southeast Asia 4G LTE Wireless Broadband Market Report (2014-2024) -
Distributed Antenna System Market Study On Growth Factors For 2019-2025: BTI Wir …
The Distributed Antenna System market report is a comprehensive analysis on the study of Distributed Antenna System Industry. This report helps focus on the more important aspects of the market like what the market recent trends are. The base year for calculation in the report is taken as 2017 & 2018 the historic year is 2012 t0 2016 which will tell you how the market is going
Solid State Battery Market Segment Forecast by Top Competitors like BTI Wireless …
Global Solid State Battery Market, By Type (Thin-Film Batteries, Portable Batteries, Other Batteries), Capacity (Less Than 20 mAh, Between 20 mAh -500 mAh, 500 mAh, Above), Application (Consumer Electronics, Electric Vehicle, Energy Harvesting, Entertainment, Medical Devices, Packaging, Portable Devices, Smart Cards, Wearable Devices, Wireless Communication, Others), Geographical Segments (North America, South America, Europe, Asia-Pacific, Middle East and Africa)- Industry Trends and Forecast to 2025 Download Free Sample PDF Report at https://databridgemarketresearch.com/request-a-sample/?dbmr=global-solid-state-battery-market
Global Wireless Broadband System Market To 2022: By Type - Fixed Wireless Broadb …
Researchmoz added Most up-to-date research on "Global Wireless Broadband System Market To 2022: By Type - Fixed Wireless Broadband, Mobile Wireless Broadband & Satellite Wireless Broadband" to its huge collection of research reports. This report studies the global Wireless Broadband System market, analyzes and researches the Wireless Broadband System development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in