Wireless Charging Industry Climbing Towards CAGR 45.5%
At present, Asia-Pacific dominates the market, followed by North America. In 2017, the U.S. is expected to remain dominant in the North America market, while China is projected to lead the overall market in Asia-Pacific.
Yearning for more wireless charging market illumination? Request a Sample of the Report at: https://www.alliedmarketresearch.com/request-sample/1779
EVs offer multiple advantages such as reduced fuel consumption and emissions from the tailpipe, thus fueling the demand for wireless charging systems. Wireless charging for electric or plug-in hybrid vehicle is expected to experience an increase in demand in a short period of time. These systems can mitigate the present shortcomings of EVs such as short driving range and long charging time. Several EV manufacturers are employing wireless charging in their products. Recently in Germany on May 28, 2018, BMW launched its wireless electric car charging system. Such implementations in various industry verticals help create a demand for wireless charging in the upcoming years.
Nordic Semiconductor, a fabless semiconductor company that specializes in ultra-low power performance wireless system has announced Bluetooth smart solution for Rezence wireless charging that uses the principles of magnetic resonance. This technology helps for out of band (OOB) charging management functions.
Increase in sales of electric vehicles (EVs), constant development of portable electronics as well as wearables market, and frequent need of harvesting ambient RF energy are expected to drive the wireless charging market during the forecast period. However, expensive technology for its integration and slower charging as compared to other charging technologies are expected to hamper the growth of the market.
For more details, visit wireless charging market report: https://www.alliedmarketresearch.com/wireless-charging-market
Based on technology, the inductive segment generated the highest revenue in the wireless charging market in 2017 and is expected to remain dominant during the forecast period. In addition, based on industry vertical, the automotive segment generated the highest revenue followed by electronics and industrial.
Key Findings of the Wireless Charging Market:
• The inductive segment is estimated to generate the highest revenue in the global wireless charging market in 2017.
• In 2017, the automotive industry is projected to be the highest revenue contributor in the industry vertical segment.
• Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.
• In 2017, Asia-Pacific contributes the highest market revenue, followed by, North America, Europe, and LAMEA.
The key players profiled in the report are Samsung Electronics Co., Ltd., Qualcomm Incorporated, Texas Instruments, Inc., Integrated Device Technology, Inc., Powermat Technologies Ltd., WiTricity Corporation, Energizer Holdings, Inc., Murata Manufacturing Co. Ltd., Sony Corporation, and Fulton Innovation LLC.
Do Purchase Inquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/1779
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free: +1-800-792-5285
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
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 Charging Industry Climbing Towards CAGR 45.5% here
News-ID: 1173522 • Views: 230
More Releases from Allied Analytics LLP
Global Mining Automation Market Growth Analysis By Size, Share, Demand, Opportun …
According to a new report by Allied Market Research, titled, "Global Mining Automation Market by Technique and Type: Global Opportunities Analysis and Industry Forecast, 2017-2023," the mining automation market was valued at $2,193 million in 2016, and is projected to reach at $3.81 billion by 2023, growing at a CAGR of 7.9% from 2017 to 2023. Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/4591 Mining automation involves use of process
Server Microprocessor Market Expected to Reach $16 Billion with 2.1% CAGR by 202 …
According to a new report published by Allied Market Research, titled, Server Microprocessor Market by Design and End User: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global server microprocessor market was valued at $14 billion in 2016, and is projected to reach at $16 billion by 2023, growing at a CAGR of 2.1% from 2017 to 2023. The x86 segment contributed nearly 79% share to the global market in
Packaging Robots Market Expected to Reach $4.65 billion Globally by 2023 - Allie …
“Packaging Robots Market by Global Opportunity Analysis and Industry Forecast, 2017 - 2023", projects that the global Packaging Robots Market would reach USD 4.65 billion, registering a CAGR of 9.6% during the forecast period. Vacuum gripper type dominated the global packaging robots market and is expected to maintain the trend till 2023. However, Asia-Pacific is expected to dominate the market throughout the forecast period due to increase in demand for
Global Lathe Machines Market Expected to Reach $12,012 Million by 2022 : Allied …
The global lathe machines market is segmented based on type, mode of operation, end-user industry, and geography. By type, the lathe machine is classified into horizontal lathes and vertical lathes. The horizontal lathes segment was the most dominant type in 2015 and is estimated to grow at the highest rate during the forecast period. Horizontal lathes are machine tools used for glass working, metal working & spinning, and wood turning.
More Releases for Wireless
Wireless Display Market Size
According to a new report Global Wireless Display Market, published by KBV research, the Global Wireless Display Market size is expected to reach $5.2 billion by 2023, rising at a market growth of 11.6% CAGR during the forecast period. The North America market holds the largest market share in Global Wireless Display Software & Services Market by Region in 2016, and would continue to be a dominant market till 2023; growing
In-Building Wireless Market -
Global In-Building Wireless Market: Overview In-building wireless refers to communication solutions that are used to maintain connectivity inside a building where signals from the core infrastructure are not reachable. In-building wireless solutions are of keen interest to network providers that are seeking enhanced delivery of services to their core clients in the most demanding signal environment. The conventional distributed antenna systems (DAS) based in-building wireless has moved its main focus from
Wireless Surveillance Systems Market
Safety and security from possible threats is essential for every person. Wireless surveillance system is a useful solution which provides efficient and effective security to people as well as other applications such as businesses, malls, and public spaces. Wireless surveillance system are mounted easily anywhere with less space requirement as they does not require wires to power the devices. These system get their power from batteries which makes them flexible.
Global Wireless Chipsets Market
A wireless chipsets are a part of internal hardware made to enable a device to communicate and connect to another wireless device. A wireless adapter or chipset internet card is an inner hardware design, which is used in wireless communication systems or computer to connect with other devices. The market is expected to grow with a double digit CAGR. The consumers shift towards portable devices coupled with the increase usage
Wireless Pressure Sensors Market
MRC announces the addition of new study based research report on Wireless Pressure Sensors market to their suite of offerings. Where the Wireless Pressure Sensors market is heading? If you are involved in Wireless Pressure Sensors sector, the report brings to your attention a basic overview of the Wireless Pressure Sensors market with market definition, classification, applications, segmentation, plans, manufacturing processes, product specifications, cost structures, regional analysis, and value chain
Adaptive Wireless Solutions Introduces Wireless Cloud Gateway
The wireless cloud gateway is a completely self contained wireless mesh solution which is ideal for temporary monitoring applications including energy audits, environmental monitoring and critical facility status reporting. The gateway comes with built-in configuration tools, extended device support, on-board and cloud-based data logging and Modbus TCP support for stand-alone and integrated monitoring solutions. Wireless device data can be logged for months on the gateway’s on-board Micro SD card. Powerful embedded