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Global Wireless Charging Systems Market to Witness a Pronounce Growth During 2024– Top Key players like SAMSUNG ELECTRONICS CO,ENERGIZER HOLDINGS,SONY CORPORATION,Inc.
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This technology involves the transmission of energy without wires or cables from a power source to a consuming device. It comprises a charging station (or transmitter) that transmits the energy, and a receiver (integrated inside a device) that receives the energy and charges the battery. It is a reliable, convenient, and safe technology to power and charge electrical devices. In addition, it provides multiple efficient, cost-effective, and safety advantages over the traditional charging systems by eliminating the use of physical connectors and cables.
Wireless charging is user-friendly, as the inconvenience of connecting cables is minimized, and different brands & models of devices can also use the same charger. Moreover, it enhances flexibility, especially for the devices for which replacing their batteries or connecting cables for charging is costly, hazardous, or infeasible (e.g., body implanted sensors).
The demand for wireless charging is globally expected to rise during the forecast period due to ascending sales of electric vehicles, constantly evolving portable electronics & wearable device market, and necessity of harvesting ambient RF. However, technology being expensive to integrate and comparatively slower charging rate restrain the wireless charging market growth. Moreover, high research in far-field wireless charging technologies and trending Internet of Things (IoT) creates lucrative opportunities in the wireless charging market. The incompatibility of the technology with the existing electronic devices and certification problem for high range and power rated wireless charging units are the challenges faced by the wireless charging devices.
In 2017, the global Wireless Charging Systems market size was 4040 million US$ and it is expected to reach 67100 million US$ by the end of 2025, with a CAGR of 42.1% between 2018 and 2025.
Market Segment by Manufacturers, this report covers
SAMSUNG ELECTRONICS CO., LTD.
QUALCOMM TECHNOLOGIES, INC.
TEXAS INSTRUMENTS INC.
INTEGRATED DEVICE TECHNOLOGY, INC.
POWERMAT TECHNOLOGIES LTD.
WITRICITY CORPORATION
ENERGIZER HOLDINGS, INC.
MURATA MANUFACTURING COMPANY, LTD.
SONY CORPORATION
FULTON INNOVATION LLC
Market Segment by Type, covers
Inductive
Resonant
RF
Others
Market Segment by Applications, can be divided into
Electronics
Automotive
Industrial
Healthcare
Aerospace & Defense
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Related Information:
North America Wireless Charging Systems Market Growth 2019-2024
United States Wireless Charging Systems Market Growth 2019-2024
Asia-Pacific Wireless Charging Systems Market Growth 2019-2024
Europe Wireless Charging Systems Market Growth 2019-2024
EMEA Wireless Charging Systems Market Growth 2019-2024
Global Wireless Charging Systems Market Growth 2019-2024
China Wireless Charging Systems Market Growth 2019-2024
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