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Wireless Charging Market 2019 Industry Size and Share Evolution to 2024 by Growth Insight, Key Development Trends and Forecast
Wireless Charging Market
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The technology has evolved to adapt to consumer range and distance requirements. Inductive charging technology is a highly efficient technology that is commercially available for usage. Qi technology is available at a cost-effective, competitive pricing, and is designed to work efficiently with a range of mobile devices. Moreover, the technology is being used in medical implants for advanced medical therapies for a variety of chronic conditions, owing to its ability to safely charge healthcare devices, and eliminating the battery need in some cases. These factors are positively aiding the wireless charging market.
Inductive technology has penetrated significantly into the wireless charging market and contributed to more than 50% of the global revenue in 2016. WPC's inductive Qi standard powers a range of smartphones, accessories and products. It can be implemented for close range wireless charging and is highly efficient, cost effective to deploy and easy to design.
Wireless Charging Market is anticipated to exceed USD 14 billion by 2024 with the industry growth pegged at a CAGR of over 13% from 2017 to 2024. Rise in the usage of wireless charging in several automotive and consumer applications is expected to propel the industry demand over forecast timeline. With ongoing technological advancements in the technology, wireless power charging built into desks, tables, and workstations, will soon become a reality. Several commercial places are implementing these solutions to attract more consumers and are providing hassle-free experience.
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Key players operating in the industry include: Powermat Technologies, Texas Instruments, Inc., PowerbyProxi Ltd., Powercast Corporation, Murata Manufacturing Co. Ltd., Mojo Mobility, Inc., WiTricity Corporation, Energizer Holdings, Inc, Qualcomm Inc., Integrated Device Technology, Inc., among others. The wireless charging market is very competitive in nature, and with manufacturers developing and commercializing various technologies which are used in smartphones & tablets and contribute towards the consumer demand.
Glimpse of Table of Content (ToC): -
Chapter 4. Wireless Charging Market, By Technology
4.1. Global market share by technology, 2016 & 2024
4.2. Inductive
4.2.1. Market estimates and forecasts, by region, 2013 - 2024
4.3. Resonant
4.3.1. Market estimates and forecasts, by region, 2013 - 2024
4.4. RF
4.4.1. Market estimates and forecasts, by region, 2013 - 2024
4.4.2. Others
4.4.3. Market estimates and forecasts, by region, 2013 - 2024
Chapter 5. Wireless Charging Market, By Application
5.1. Global market share by application, 2016 & 2024
5.2. Automotive
5.2.1. Market estimates and forecasts, by region, 2013 - 2024
5.2.2. Consumer
5.2.3. Market estimates and forecasts, by region, 2013 - 2024
5.2.4. Industrial
5.2.5. Market estimates and forecasts, by region, 2013 – 2024
5.2.6. Healthcare
5.2.7. Market estimates and forecasts, by region, 2013 - 2024
5.2.8. Aerospace & Defense
5.2.9. Market estimates and forecasts, by region, 2013 - 2024
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/wireless-charging-market
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Global Market Insights, Inc.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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