Wireless Charging Ics Market Receiver ICs to Continue Enjoying Strong Demand
According to the research report, the global market for wireless charging ICs was worth US$1.43 bn in 2015. Rising at a noticeable CAGR of 24.54% during the period from 2016 to 2024, researchers estimate this market to cross US$10.14 bn mark in terms of value by the end of the forecast period.
The demand for receiver ICs is greater than other ICs and is projected to remain enjoying the lead in this market over the years to come.
Obtain Report Details:
Rising Demand for Wireless Charging ICs in Consumer Electronics to Ensure Asia Pacific’s Lead
An assessment of the worldwide market for wireless charging ICs on the basis of its geographical spread across North America, the Middle East and Africa, Europe, Asia Pacific, and Latin America has also been provided in this research study.
In 2015, Asia Pacific led the global market with a share of more than 31%. Analysts project this regional market to retain its dominance over the period of the forecast, thanks to the rising demand for these ICs in the consumer electronics sector.
The escalating demand for smartphones and tablets in a number of Asian countries, such as India, Japan, and China, is also expected to support the growth of the Asia Pacific market for wireless charging ICs in the years to come.
North America, which stood second in 2015, is anticipated remain seated in this position throughout the forecast period, owing to the rising usage of wireless charging electronics devices in the public sector.
The swelling demand for wireless charging technology across various consumer electronic devices, such as laptops, computers, televisions, gaming devices, tablets, and mobiles are also expected to add to the progress of the North America wireless charging ICs market significantly in the near future, notes the research study.
Increasing Demand for Consumer Electronics to Propel Market
“The rising penetration of consumer electronics across the world is having the most prominent impact on the global wireless charging ICs market,” says an analyst.
Make Enquiry @
Owing to the increasing demand for wireless charging, these ICs have found a widespread application in electronic devices, such as mobile, tablet, and laptops, which as a result, is reflecting positively on the worldwide market for wireless charging ICs. However, the market may face issues from the manufacturing standardization to some extent during the forecast period.
Going forwards, the market is likely to gain significantly in the near future from the technological advancements, such as the miniaturization and compact designing of these IC packages for their efficient integration into various portable consumer electronics.
Apart from this, the healthcare and the aerospace industries are likely to offer lucrative opportunities for wireless changing technology in the coming years, which in turn, will benefit the market substantially. The increasing deployment these ICs in automobiles is also projected to boost this market considerably in the near future, states the report.
Get TOC @ https://www.transparencymarketresearch.com/report-toc/17789
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
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 Ics Market Receiver ICs to Continue Enjoying Strong Demand here
News-ID: 820005 • Views: 96
More Releases from Transparency Market Research
Extensive Need for Automation to Make Global Service Robotics Market Expand at S …
Transparency Market Research reports said that the service robotics market is extremely competitive and fragmented. This is due to the presence of a large number of young entrants with innovative technological solutions. Major companies are progressively concentrating on emerging new technologies, improving the existing portfolio of product, and launching new products with enhanced features. Key enterprises in the service robotics market provide a broad range of robots for supporting in
Night Vision Device Market Projected to Reach US$ 14,861.2 Mn by 2026
According to a new market research report published by Transparency Market Research, the night vision device market is expected to reach US$ 14,861.2 Mn by 2026, expanding at a CAGR of 8.9% from 2018 to 2026. According to the report, the global night vision device market is likely to continue to be influenced by a range of macroeconomic and market-specific factors in the next few years. In terms of demand,
Global Aircraft Sensors Market: Burgeoning Air Traffic to Play Pivotal Role in G …
The worldwide aircraft sensors market is expected toget a solid push dueheadways in innovations, enormous capital invested by private equity groups, and the rising demandfor aircraft travel, states Transparency Market Research (TMR) in a research report. Need for adherence to mandates framed by neighborhood aircraft administrative bodies and the Federal Aviation Administration (FAA), however, could hamper the growth trajectory of the market. In any case, there could be many factors benefitting
Cattle Feed Additives Market – Global Demand, Business Scenario, Industry Tren …
Cattle Feed Additives: Market Outlook Cattle feed Additives increase the immunity of the live stocks and it also prevents various diseases in the cattle. The cattle feed additives help the cattle to maintain the general health and improve the milk secretion in cattle. The cattle feed additives provide the energy to the animal and help in better productivity. The cattle feed additives are used to increase the milk yield. Obtain Report Details
More Releases for ICs
Global Power Management ICs Market Insights, Forecast
This report presents the worldwide Power Management ICs market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=60503 Table of Contents: Table of Contents 1 Study
Global Digital Ics Market Data Survey Report
The global Digital Ics market will reach Volume Million USD in 2018 with CAGR xx% 2018-2025. The main contents of the report including: Global market size and forecast Regional market size, production data and export & import Key manufacturers (manufacturing sites, capacity and production, product specifications etc.) Major Application Major Type Key manufacturers are included based on manufacturing sites, capacity and production, product specifications etc.: Intel Qualcomm AMD Freescale MediaTek
Global LED Driver ICs Market Research Report
This report studies the global LED Driver ICs market status and forecast, categorizes the global LED Driver ICs market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=73536 Table of Contents: Table of Contents Global LED Driver ICs Market Research Report 2018 1 LED Driver ICs Market Overview
3D ICs Market: Lucrative Opportunites across Globe
3D ICs chips are expected to define the future of electronics as they consume 30-40% less power compared to 2D ICs chips. The report points out that the demand for 3D ICs chips would be boosted by the growing demand for efficient solutions and an increase in the number of portable devices. However, high costs, coupled with thermal and testing issues is expected to restrain the growth of the global
Wireless Charging ICs Market - Receiver ICs to Continue Enjoying Strong Demand
The presence of a large pool of participants, such as NXP Semiconductors, Qualcomm Inc., and Vishay Intertechnology Inc., points towards a highly fragmented and competitive structure of the global wireless charging ICs market, states a reserch report by Transparency Market Research (TMR). Researchers predict the rivalry between the players to intensify in the near future. For more information on this report, fill the form @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=17789 According to the research report,
Photonic Integrated Circuits (ICs) Market : Lack of Digitization Could Interrupt …
The research study titled “Photonic Integrated Circuit (PIC) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2022” provides strategic analysis of the global photonic IC market along with the market growth (size in US$ Mn) forecast for the period from 2015 to 2022. The report includes competitive analysis of various market segments based on applications, raw materials, components, and in-depth cross-sectional scrutiny across different geography