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Wireless Charging Market on the Rise: Maximize Market Research's Report Explores Trends and Opportunities
Wireless Charging Market was valued at US$ 11.11 Bn. in 2022 and is expected to reach US$ 56.03 Bn. by 2029, at a CAGR of 26% during a forecast period.Wireless Charging Market Report Scope and Research Methodology:
Maximize Market Research's report offers a comprehensive understanding of the wireless charging market's dynamics, providing insights into technology segments, applications, and regional trends. The report's methodology involves a rigorous analysis of quarterly and annual reports from relevant firms, along with in-depth interviews to gauge the market's response to the challenges posed by the COVID-19 pandemic.
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Wireless Charging Market Dynamics:
Increasing the effectiveness of wireless charging devices: Inductive charging is a typical method for wirelessly charging electric vehicles and consumer electronics. By enabling power transfer across greater distances between the transmitter and receiver, magnetic resonance improves efficiency. The effectiveness of wireless charging is determined by the power that can be used to charge the device with the wireless transmitter's power. It controls how hot the battery gets and how much energy is squandered, which is crucial for wireless power. The higher the efficiency, the smaller and less expensive the charger must be to generate the same amount of electricity. The market for wireless chargers is anticipated to grow as consumer confidence in them rises since they provide benefits in terms of security, cost, and efficiency
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Wireless Charging Market Segmentation:
Leading standards like WPC (Qi technology) and PMA utilise inductive technology. Furthermore, electric vehicles (EVs) are propelled using inductive technology. Resonant and radio frequency (RF) technologies are anticipated to be the most profitable ones in the market. Resonant technology makes it easier to power objects over short distances without needing to make direct touch. With the help of this technology, numerous devices can be charged simultaneously. Since RF-based technology does not require precise alignment, it is anticipated to gain popularity for small devices like wearables and medical implants.
by Technology
Radiation Technology
Inductive Technology
Other Technologies
by Transmission
Range Short Range
Medium Range
Long Range
by Applications
Healthcare
Automotive
Consumer Electronics
Defense
Industrial
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Wireless Charging Market Key Players:
1. Energizer Holdings
2. Convenientpower
3. Integrated Device
4. Murata Manufacturing
5. Leggett & Platt,
6. Powerbyproxi Ltd.
7. Qualcomm Incorporated
8. Powermat Technologies
9. Texas Instruments
10. Witricity Corporation
11. Samsung Electronics
12. Sony Corporation
13. Fulton Innovation LLC
14. TDK Corporation
15. Energous Corporation
16. Ossia Inc.
17. ZenS B.V.
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Table of content for the Wireless Charging Market includes:
1. WIRELESS CHARGING EXECUTIVE SUMMARY
2. WIRELESS CHARGING RESEARCH METHODOLOGY
2.1. Wireless Charging Market Definition
2.2. Wireless Charging Market Scope
2.3. Wireless Charging Data Sources
3. WIRELESS CHARGING MARKET DYNAMICS
3.1. Wireless Charging Market Drivers
3.2. Wireless Charging Market Restraints
3.3. Wireless Charging Market Opportunities
3.3 Global & regional Analysis of Smartphone
3.4 Global & regional Analysis of EVs
4. WIRELESS CHARGING END-USER OVERVIEW
4.1. Wireless Charging Value Chain Analysis
4.2. Wireless Charging Key Trends
Regional Insights:
North America: Wireless charging is prevalent in North America, with its popularity reflected even in furniture designs that incorporate wireless charging points. The region is expected to sustain market growth for over two years.
Asia Pacific: Boasting a massive population, disposable income, and growing interest from key players, Asia Pacific is projected to dominate the wireless electronics market. Advantages like low pricing and wireless charging benefits further contribute to the region's growth.
Europe: Europe's transition towards sustainable development fuels demand for electric battery charging points, aligning with the region's commitment to environmental consciousness.
Latin America and Middle East: These regions experience slower growth in electronic and medical devices, leading to stagnant growth in the wireless charging sector.
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Key Offerings:
Past Market Size and Competitive Landscape 2023-2029
Past Pricing and price curve by region 2023-2029
Market Size, Share, Size & Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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