Wireless Charging Market

The new report by Expert Market Research titled, ‘Global Wireless Charging Market Size, Share, Price, Trends, Growth, Report and Forecast 2020-2025’, gives an in-depth analysis of the global wireless charging market, assessing the market based on its segments like technologies, transmission range, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/wireless-charging-market/requestsample

Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

The key highlights of the report include:

Market Overview (2015-2025)

  • Historical Market Size (2019): USD 9.62 billion
  • Forecast CAGR (2020-2025):13.2%
  • Forecast Market Size (2025): USD 20.2 billion

Wireless charging solutions offer mobile portability and eliminate the need for bulky charging devices. It provides wireless charging devices with comfort and has penetrated diverse industries, including construction machinery, consumer electronics, as well as automotive. Owing to the frequent power cuts during surgical procedures, wireless technology is rapidly being embraced and applied in healthcare applications. The healthcare sector is, therefore, becoming more involved in the adoption of advanced wireless charge alternatives, which enhance medical device performance.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/wireless-charging-market

Industry Definition and Major Segments

Wireless charging refers to a mechanism that enables battery-powered equipment or devices to be electrically charged without a physical connection to a live energy source. This operates on the Electromagnetic Induction (EMI) principle. In EMI, an electrical current flows through the application of coils to produce an electromagnetic field between the transmitter and the receptor. The simple, safe, and efficient wireless charging technology offers a cost-saving and mobile alternative to conventional wireless charging.

Based on technology, the global wireless charging market is segmented into:

  • Inductive Charging
  • Resonant Charging
  • Radio Frequency Based Charging
  • Others

The wireless charging market can be broadly segregated based on its transmission range into:

  • Short Range
  • Medium Range
  • Long Range

On the basis of application, the market can be categorized into:

By regional markets, the global wireless charging market can be segmented into: 

1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others

The Asia Pacific is projected to hold the major market share over the forecast period.

Market Trends

Wireless charging systems offer various benefits over traditional charging systems, including durability, ease of handling, as well as electric shock safety, thus, helping the global wireless charging market to expand. The use of wireless charging solutions in cars and the expanding Internet of Things (IoT) are also likely to stimulate the growth of the industry. In addition, the increasing demand and potential for electric vehicles are further expanding their application in the automotive industry, particularly in European countries. The growth of the industry is also being driven by the increase in sales and acceptance of mobile devices and wearable vehicles. In addition, the rising investment in R&D activities is expected to drive the industry growth in the coming years.

Key Market Players

The major players in the market are Leggett & Platt (NYSE: LEG), Incorporated, Energizer, Powermat, WiTricity Corporation, Samsung (KRX: 005930), and Renesas Electronics Corporation (TYO: 6723), among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

Related Reports:

Global Wearable Technology Market: https://bityl.co/4zFF

Global Sonobuoy Market: https://bityl.co/4zFG

Global Volumetric Display Market: https://bityl.co/4zFI

Global Laptop Cooling Pads Market: https://bityl.co/4zFK

Global Interactive Display Market: https://bityl.co/4zFL

Global Wireless Bluetooth Printer Market: https://bityl.co/4zFN

Global Industrial Wearable Devices Market: https://bityl.co/4zFO

Global Wireless Charging Market: https://bityl.co/4zFP

Global Stylus Pen Market: https://bityl.co/4zFR

Global Smart Window Market: https://bityl.co/4zFS

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish-speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: Expert Market Research
Contact Person: Matt Johnson, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1 (650) 761-6200 | +44 7441 392205
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com