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Rising Technological Advancements in Wearable Electronic Devices Fuelling the Growth for Asia-Pacific Wireless Charging Market

11-02-2020 06:52 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarkNtel Advisors LLP

The rising popularity of IoT, escalating technological advancements in wearable electronic devices, and constant adoption of inductive technology in electric vehicle charging are the factors increasing the demand for wireless charging in the forecast period in the Asia-Pacific region. Moreover, burgeoning inclination toward the electric vehicles (EVs) in the countries such as China, India, and Japan, extensive demand for wireless computing devices, and escalating investments in research and development of wireless charging technology are anticipated to promulgate the growth of the Asia-Pacific wireless charging market in the forthcoming years.

According to MarkNtel Advisors’ research report titled “Asia-Pacific Wireless Charging Market Analysis, 2020”, the Asia-Pacific Wireless Charging market is anticipated to grow at a CAGR of 40% during 2020-25. Based on Application, Healthcare acquired the substantial market share in 2019. The growth of the segment is attributed to rising adoption of wirelessly charging sensors, which has further opened the way for ultra-small devices, which are used to penetrate deeper inside the body. Moreover, consumer electronics are growing at an astronomical rate owing to the growing deployment of wireless charging technology in smartphones and tablets.

Request Sample: https://www.marknteladvisors.com/research-library/asia-pacific-wireless-charging-market.html?utm_source=Openpr&utm_medium=pr

“Asia-Pacific Wireless Charging Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and growth opportunities available for Wireless Charging providers across the region. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.

China Dominated the Market
China dominated the Asia-Pacific Wireless Charging market in 2019 owing to the factors such as surging investment toward electric vehicles wireless charging, surging adoption of efficient charging system in electronic devices such as smartphones, laptops, wearable electronics, and portable devices, and launch of innovative smartphones.
However, India is projected to grow at a rapid rate in the coming years owing to the rising government initiative to adopt electric vehicles, surging deployment of wireless technology in healthcare and medical applications, and rising awareness about wireless charging among consumers. Thus, this is proliferating the demand for wireless charging in the Asia-Pacific region as stated in the MarkNtel Advisors’ research report “Asia-Pacific Wireless Charging Market Analysis, 2020”.

Get Sample Report + All Related Graphs & Charts (with COVID 19 Analysis) @ https://www.marknteladvisors.com/query/request-sample/asia-pacific-wireless-charging-market.html?utm_source=Openpr&utm_medium=pr

According to MarkNtel Advisors, the key players with a considerable market share in the Asia-Pacific Wireless Charging market ConvenientPower HK Limited, Integrated Device Technology (Renesas), Murata Manufacturing Co. Ltd, TDK Corporation, Powermat Technologies Ltd., Texas Instruments Incorporated, Witricity Corporation, Infineon Technologies AG, Qualcomm Incorporated, NXP Semiconductors N.V. etc.
Market Segmentation:
1. By Technology (Inductive, Radio Frequency, Resonant, Others)
2. By Component (Transmitter, Receiver)
3. By Transmission Range (Long Range, Medium Range, Short Range)
4. By Application (Healthcare, Consumer Electronics [Smart Wearable, Smartphone & Tablet, Others], Automotive, Industrial, Aerospace & Defense, Others)
5. By Country (China, Japan, South Korea, Australia, India, South East Asia),
6. By Company (ConvenientPower HK Limited, Integrated Device Technology (Renesas), Murata Manufacturing Co. Ltd, TDK Corporation, Powermat Technologies Ltd., Texas Instruments Incorporated, Witricity Corporation, Infineon Technologies AG, Qualcomm Incorporated, NXP Semiconductors N.V. etc.)

Key questions answered in the study
1. What are the current and future trends of the Wireless Charging industry?
2. How the industry has been evolving in terms of end-user demand and application areas?
3. How the competition has been shaping across the countries followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the Wireless Charging industry?
5. What is the customer orientation, purchase behavior, and expectations from the Wireless Charging firms across various regions?

MarkNtel Advisors
1147 88AVE, Delta, British Columbia, BC,V4C,3B8, CANADA
Email: updates@markntelgroup.com
Tel: +1613-707-5086
Website: https://www.marknteladvisors.com/?utm_source=Openpr&utm_medium=pr

MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

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