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Global Wireless Charging IC Market Expected to Witness a Sustainable Growth over 2024– Top Key players like– Top Key players like IDT,Texas Instruments,Qualcomm,Inc.
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Wireless charging is the transmission of energy from a power source to a device without wires or cables. A wireless charging technology is comprised of two parts, a transmitter (the actual charging station itself) and a receiver (which is inside the device you are charging). Wireless Charging ICs are the core part of Wireless Charging technology.
The market is fragment, the key players are IDT, Texas Instruments, NXP/Freescale, ADI/Linear Tech, Qualcomm, Broadcom, STMicroelectronics, On Semiconductor, Semtech, ROHM, Toshiba, Panosonic, Maxim, Generalplus, E-Charging Inc. (CPS), CVSMicro, Xiamen Newyea Tech, ZoneCharge, BOEONE and so on. The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.
Witnessing the huge market potential, several new players have entered the global market for wireless charging ICs over the past decade. It is expected that the entry of new players into the global market will prompt a counter response from the existing players. This response could take the shape of better and more innovative strategies, introduction new product lines, or expansion of geographical reach. Although the current competitive landscape of the global wireless charging IC market is largely consolidated, it is expected to undergo progressive fragmentation over the forthcoming years.
Asia Pacific was the largest market for Wireless Charging IC market globally, with a share exceeding 70% in 2017. Growing use of the product owing to its superior characteristics has been fueling growth of the market in this region.
According to this study, over the next five years the Wireless Charging IC market will register a 19.1% CAGR in terms of revenue, the global market size will reach US$ 5220 million by 2024, from US$ 2180 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Wireless Charging IC business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
IDT
Texas Instruments
NXP/Freescale
ADI/Linear Tech
Qualcomm
Broadcom
STMicroelectronics
On Semiconductor
Semtech
ROHM
Toshiba
Panosonic
Maxim
Generalplus
E-Charging Inc. (CPS)
CVSMicro
Xiamen Newyea Tech
ZoneCharge
BOEONE
Market Segment by Type, covers
Transmitter ICs
Receiver ICs
Market Segment by Applications, can be divided into
Smart Phones and Tablets
Wearable Electronic Devices
Medical Devices
Automobile Devices
Others
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Related Information:
North America Wireless Charging IC Market Growth 2019-2024
United States Wireless Charging IC Market Growth 2019-2024
Asia-Pacific Wireless Charging IC Market Growth 2019-2024
Europe Wireless Charging IC Market Growth 2019-2024
EMEA Wireless Charging IC Market Growth 2019-2024
Global Wireless Charging IC Market Growth 2019-2024
China Wireless Charging IC Market Growth 2019-2024
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