openPR Logo
Press release

Wireless Charging Market Size, Comprehensive Analysis, Development Strategy, Future Plans and Industry Growth with High CAGR by Forecast 2030

12-13-2021 04:40 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Nextmsc

Wireless Charging Market Size, Comprehensive Analysis,

The Global Wireless Charging Market size was valued at USD 9.72 billion in 2019 and is predicted to reach USD 164.38 billion by 2030 with a CAGR of 29.2% from 2020-2030.

Wireless charging enables transmission of energy from a power source to a device without the use of a connecting wire or cable. It works on the principle of magnetic resonance or inductive power transfer, where the passage of electric current through a coil lead to a changing magnetic field around that coil which in turn induces a current in another coupled coil. Wireless charging offers convenient and safe charging solutions and thus increasingly being adopted in various electronic applications such as smartphones, laptops and other portable devices.

Access Full Description of this report at:-

https://www.nextmsc.com/report/wireless-charging-market

Competitive Landscape :

Lucrative growth opportunities make the wireless charging market more competitive. The major players in the market are Samsung Electronics Co. Ltd., Qualcomm Incorporated, Texas Instruments, Integrated Device Technology Inc., Powermat Technologies Ltd., WiTricity Corporation, Energizer Holdings Inc., Murata Manufacturing Co. Ltd., Sony Corporation, and Fulton Innovation LLC.

There have been various developments taking place in the past and will take place in near future which is further expected to drive the market growth. For instance, in February 2019, Qualcomm Technologies Inc., a subsidiary of Qualcomm Incorporated announced Qualcomm Quick Charge technology for wireless power, bringing its years of fast charging innovation to the wireless charging industry and helping consumers to wirelessly charge their devices quickly, safely and efficiently.

Market Dynamics and Trends:

Increasing sale of smartphones and rising adoption of electric vehicles are the key driving factors of the wireless charging market. In addition, growing adoption of wireless charging in industrial and healthcare applications for continuous power supply as well as for its ability to charge multiple devices at the same time also boost the market growth. Additionally, the market growth is propelled by other factors such as rapidly evolving portable electronics market, and emerging need of harvesting energy from RF sources.

However, expensive infrastructure required for the integration of wireless charging is expected to hinder the market growth throughout the forecast period. On the other hand, factors such as growing research in the field of wireless technologies and rising popularity of Internet of Things (IoT) among consumers are expected to create ample growth opportunities for the market.

Request sample copy of this report at:-

https://www.nextmsc.com/wireless-charging-market/request-sample

Market Segmentations and Scope of the Study:

The global wireless charging market share is segmented on the basis of technology, industry vertical and geography. On the basis of technology, the market is segmented into inductive, resonant, radio frequency (RF) and others. On the basis of industry vertical, the market is divided into electronics, automotive, industrial, healthcare, and aerospace & defense. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis:

North America is expected to hold the lion share of wireless charging market during the forecast period. This is attributed to factors such as increasing adoption of electronic vehicles and rapid expansion of the consumer electronic sector in this region. On the other hand, Europe holds the second largest market share owing to factors such as surging demand for durable charging systems and growing sales of portable electronic devices.

However, Asia Pacific is growing rapidly in terms of market share and size during the forecast period due to the rising adoption of IoT technology coupled with the growing demand for smartphones.

Postal Address:
Phone Number: +1-217-650-7991
E-mail: info@nextmsc.com

About Next Move Strategy Consulting:

Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics.

We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solution that ranges from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.

For more insights, please visit, https://www.nextmsc.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Wireless Charging Market Size, Comprehensive Analysis, Development Strategy, Future Plans and Industry Growth with High CAGR by Forecast 2030 here

News-ID: 2496308 • Views:

More Releases from Nextmsc

Home Automation Market 2022 | Size, Growth, Demand, Opportunities and Forecast 2030
Home Automation Market 2022 | Size, Growth, Demand, Opportunities and Forecast 2 …
The Home Automation Market size was valued at USD 84.33 billion in 2021 and is predicted to reach USD 210.15 billion by 2030 with a CAGR of 10.7% from 2022-2030. Home automation also known as smart home, is an automation system, which provides access to control appliances such as alarm systems, electrical outlets, lights, fans, and others, using a smartphone. In this system, the primary focus is on home
Packaging Robots Market Competitive Landscape, Key Players, Business Opportunities and Forecast 2022-2030
Packaging Robots Market Competitive Landscape, Key Players, Business Opportuniti …
The Packaging Robots Market size was valued at 4.02 billion in 2021 and is predicted to reach 8.60 billion by 2030 with a CAGR of 8.9% from 2022-2030. Packaging robots are designed to handle materials, seal & label, and move or pack goods among other tasks to enable products to be packaged. These robots are significantly flexible and easy to integrate into a workspace. When compared with manual processes, packaging
Automated Guided Vehicle (AGV) Market 2022 Future Development Status Recorded till 2030
Automated Guided Vehicle (AGV) Market 2022 Future Development Status Recorded ti …
The Automated Guided Vehicle Market size was valued at 4.02 billion in 2021 and is predicted to reach 8.66 billion by 2030 with a CAGR of 8.9% from 2022-2030. Automated guided vehicle is the material handling automated machines that are programmed to move carts, trays, and pallets in different warehousing and manufacturing facilities. The automation through automated guided vehicle (AGV) aids the requirement for material handling capacity, decreasing production time
ROS Based Robot Market predicted to reach 87.92 billion by 2030 with a CAGR of 8.4% from 2022-2030
ROS Based Robot Market predicted to reach 87.92 billion by 2030 with a CAGR of 8 …
The ROS Based Robot Market was valued at 42.69 billion in 2021 and is predicted to reach 87.92 billion by 2030 with a CAGR of 8.4% from 2022-2030. The Robot Operating System (ROS) is a set of software tools and libraries that enables the user to build robot applications. It is the collection of open-source software frameworks for robot software development. ROS in robots offers the services of an operating

All 5 Releases


More Releases for Wireless

Wireless Platforms Market Is Expected To Grow At A Rapid Pace Throughout By Prod …
Acumen Research and Consulting has announced the addition of the "Wireless Platforms Market” report to their offering. The Wireless Platforms Market Report 2018 is an in depth study analyzing the current state of the Wireless Platforms Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Wireless Platforms Market provides analysis of China market covering the industry trends, recent
Hoomband Wireless-Does Hoomband Wireless Work-Complete Info
Each individual is precise. This is why for the Hoom undertaking we've got studied the panorama of existing sound techniques with a purpose to create the most whole content library possible. Get the Hoomband Wireless these days. All our content material is distinct and studied mainly for inducing the deepest and quickest sleep feasible. You can be without difficulty over excited through hypnotic documentaries, at the same time as your partner
M2M Network Security market expected highest growth till 2028| Cisco Systems, Ge …
M2M Network Security market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global M2M Network Security market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026. This section of the report also lends veritable
Distributed Antenna System Market Study On Growth Factors For 2019-2025: BTI Wir …
The Distributed Antenna System market report is a comprehensive analysis on the study of Distributed Antenna System Industry. This report helps focus on the more important aspects of the market like what the market recent trends are. The base year for calculation in the report is taken as 2017 & 2018 the historic year is 2012 t0 2016 which will tell you how the market is going
Solid State Battery Market Segment Forecast by Top Competitors like BTI Wireless …
Global Solid State Battery Market, By Type (Thin-Film Batteries, Portable Batteries, Other Batteries), Capacity (Less Than 20 mAh, Between 20 mAh -500 mAh, 500 mAh, Above), Application (Consumer Electronics, Electric Vehicle, Energy Harvesting, Entertainment, Medical Devices, Packaging, Portable Devices, Smart Cards, Wearable Devices, Wireless Communication, Others), Geographical Segments (North America, South America, Europe, Asia-Pacific, Middle East and Africa)- Industry Trends and Forecast to 2025 Download Free Sample PDF Report at https://databridgemarketresearch.com/request-a-sample/?dbmr=global-solid-state-battery-market
Distributed Antenna System (DAS) Market Comprehensive Analysis 2018 |By: HUBER+S …
This report contains all the company profiles of the key players and brands that making moves such as developments, product launches, joint ventures, merges and accusations which affect the Distributed Antenna System (DAS) Market, along with the company profiles the report also contains the market restrains and drivers which are derived through SWOT analysis of the Distributed Antenna System (DAS) Market. The report also gives an in-depth idea about what the