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Global Wireless Charging IC Market : Regional Analysis, Growth Rate & Regional Analysis

01-20-2021 01:02 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QualiKet Research

/ PR Agency: QualiKet Research
Global Wireless Charging IC Market
Wireless charging IC is defined as an inductive charging integrated circuit which uses electromagnetic induction to provide electricity via a power transfer from receiver coil to the transmitter coil. Portable equipments such as power tools, vehicles, and electric toothbrushes can be charged by placing near a charging station/ inductive pad without any precise alignment or plug.

Market Drivers

The increase in demand of compact design for portable consumer electronic devices expected to boost the global wireless charging IC market growth over the forecast period. Furthermore, the rise in demand for miniaturized components in several electronic devices will significantly drive the growth of global wireless charging AIC market growth. Also, various advantages offered by the miniaturization of the components are portability, energy & material consumption, and reduction in cost will positively influence the market growth. Moreover, the growing use of wireless charging IC in smart devices including smart phones, and smart watches is augmenting the wireless charging IC market growth during this forecast period.

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Market Restraints
The high cost of these components is a major restraining factor which expected to hamper the global wireless charging IC market growth during this forecast timeframe.

Market key Players

Various key players are listed in this report such as Texas Instruments, Broadcom, NXP Semiconductors, Qualcomm Incorporated, Toshiba Corp., On Semiconductor, Vishay Intertechnology, MediaTek, Linear Technology, ROHM Semiconductor, etc.

Market Taxonomy
By Type
• Transmitter ICs
• Receiver ICs

By Substrate Type
• Organic
• Inorganic

By Component
• Circuit Breakers
• Power Solution
• Relays

By Application
• Medical Devices
• Tablets & Smartphones
• Wearable Electronic Devices
• Others

By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

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About Us

QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.

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Research Support Specialist
QualiKet Research
6060 N Central Expy #500, TX 75204, U.S.A
Email: sales@qualiketresearch.com
Website: https://qualiketresearch.com

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