Wireless Charging Receivers Market Growth Analysis, Trends, Developments and Forecast to 2027 - IDT, NXP Semiconductors

The “Wireless Charging Receivers” report provides details on the latest recent developments, trade regulations, import-export analysis, analysis of production, value chain optimization, market share, impact of players on the national and localized market, analysis of opportunities in terms of emerging income pockets, changes in market regulations, strategic analysis of the market growth, market size, market growth of categories, application and domain niches, product approvals, product launches, geographic expansions, technological innovations in the market.

“The Wireless Charging Receivers Market is predicted to register a CAGR of 24.66% over the forecast period 2021 – 2027.”

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Market Overview

The incorporation of different wireless charging solutions into the existing wireless communication systems also presents a series of challenging issues with regard to scheduling, implementation, and power management, which act as major market restraints. Moreover, the market studied is gaining significant traction as this technology attracts a wide range of applications, from low-power toothbrushes to smartphones, because of its convenience and better user experience.
In the recent past, wireless charging rapidly evolved from theories toward standard features on commercial products, especially mobile phones and portable smart home devices. In 2012, the Nokia 920 became the first smartphone with built-in Qi wireless charging capability; instead of using a wired battery charger, consumers could rest the smartphone on a wireless charging pad.

Key Competitors of the Wireless Charging Receivers market is: IDT, NXP Semiconductors, STMicroelectronics, Infineon Technologies, Semtech, National Instruments, ZENS, Digimore Electronics, Voler Systems

This report Provides intelligent marketing research for smarter decision-making and resource investment estimation. The report discusses these elements and describes the main players that are expected to extend the demand for the Wireless Charging Receivers market within the upcoming years.

Wireless Charging Receivers market report introduces some features and provides a basic view of the most players. In this report provides a comprehensive and in-depth review of the market. The players are likewise presenting newer product varieties within the market to reinforce the merchandise portfolio by embracing the new innovation and completing it in their business.

The Wireless Charging Receivers market is often split supported product types, major applications, and important countries as follows:

Major Types covered are:

Charging Efficiency> 70%

Charging Efficiency> 80%

Major Applications covered are:

Automobile Industry

Consumer Electronics

Smart Furniture

Other

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Key Market Trends

Wireless Charger Receivers to witness significant growth

The global demand for smartphones is increasing an exponential rate, with vendors offering innovative solutions and features to attract consumers. According to Ericsson's data, there were 5.5 billion smartphone subscriptions at the end of 2019, and it is forecasted to reach 7.5 billion by 2025; owing to such growing demand, vendors in the market are expected to enhance their offerings further to expand their market share.
In addition to this, major vendors such as Apple and Samsung are looking to discontinue offering chargers as part of their standing in the box accessories to develop buttonless and hole less devices that can be charged wirelessly. Such developments are expected to be followed by other vendors across the world for their flagship devices.

Regional market Wireless Charging Receivers (regional production, demand and forecast by country):

Asia Pacific to Attain Dominant Market Share

China is at the forefront of technological advancement and adoption; the country had over 800 million smartphone users in 2019 and is expected to cross one billion marks by 2025. According to the data by Ericsson, China is set to add around 170 million smartphone subscriptions between 2019 and 2025; with the proliferation of 5G technology in the country, the demand for 5G capable high-end smartphones is expected to increase significantly over the forecasted period.
Japan is one of the prominent economies in the region and home to one of the prominent market for smartphones. The mobile phone penetration in the country is over 90%, whereas smartphone penetration in the country stood at 67.6% in 2019, according to the Ministry of Internal Affairs and Communications, Japan.

North America (United States, Canada, Mexico)

South America (Brazil, Argentina, Ecuador, Chile)

Asia Pacific (China, Japan, India, Korea)

Europe (Germany, UK, France, Italy)

Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And more.

The inquire approximately record considers the past, display, and destiny execution of the global market. The record advances investigations the display aggressive situation, most important trade models, and consequently the possibly headways in services with the aid of using crucial gamers inside the upcoming years.

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Competitive Landscape

Sept 2020- Samsung Electronics Co. Ltd announced to launch the new Samsung Wireless Charger Trio. The new wireless charger is capable of charging three devices simultaneously. It supports the Qi wireless charging standard and that means this charger can be used to charge up any device that supports the standard, not necessarily the latest in mobile technology from Samsung.
Jan 2020- Belkin International Inc partnered with Devialet, which has expertise across acoustic architecture, loudspeakers, and signal processing, over 160 patents, and a premium consumer brand developed Soundform ELITE Hi-Fi Smart Speaker and fast wireless charger. The wireless charging is of 10W for impactful bass levels of the speaker

Report Features:

To project the worth and sales volume of the Wireless Charging Receivers market, with reference to key regions.
To analyses competitive developments like expansions, agreements, new product launches, and acquisitions within the market.
To study and analyses the global Wireless Charging Receivers market size (value & volume) by company, key regions, products, and end-user, breakdown data from The Last Five Years, and forecast to 2027.
to know the structure of the Wireless Charging Receivers market by identifying its various sub-segments.
To percentage targeted records approximately the important thing elements influencing the enlargement of the market (increase potential, opportunities, industry-particular challenges, and risks).

Report Customization:

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