Wireless Power Receiver Market 2018-2022: Key Players- Samsung Electronics Co Ltd., Texas Instruments Inc., Integrated Device Technology, Inc., NXP Semiconductors

Market Highlights
Global Wireless Power Receiver market is growing rapidly from past couple of years. Technological advancement and growing smartphone industry are some of the key factors which are supporting the growth of the market. In the year 2015, Wireless Power Receiver market has been valued at US $XX million which is expected to grow at US $XX million by the end of forecasted period.

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Wireless Power Receiver Market:
Global Wireless Power Receivers are becoming very popular in the consumer electronic products such as smartphones and wearable devices. Smartphone companies are investing heavily in their R&D but it is expected that other segment such as automotive and healthcare will grow rapidly. As the car manufacturers are shifting towards smart and autonomous cars and new technology is taking place in the healthcare industry, these segments are expected to reach market size of US $XX million and US $XX million respectively.

The major participants of this market are Samsung Electronics Co Ltd. (South Korea), Texas Instruments Inc. (U.S.), Integrated Device Technology, Inc. (U.S.), NXP Semiconductors (Netherlands), Powermat Technologies Ltd (Israel), WiTricity Corporation (U.S.), PowerbyProxi (New Zealand), Qualcomm Inc. (U.S.), TDK Corporation (Japan), Convenient Power HK Limited (China) among others.

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Market Research Analysis:
Wireless Power transmission is taking place in various industries and the demand for the wireless power receiver products are increasing. The total shipment containing this product has been increased rapidly in past couple of years and expected to do so in future also. Going ahead to the regional analysis, currently, Asia-Pacific is dominating the market of Global Wireless Power Receivers with the market share of XX% followed by North America and Europe. Asia-Pacific is growing with CAGR of XX% and expected to reach the market size of US $XX million by the end of forecasted period.

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