Wireless Charging Market Research Report, Share, Size, Trends, Growth and Forecast Till 2025

Global Wireless Charging Market Research Report and Forecast 2025 Report Edition: 2020 © 2020 IMARC All Rights Reserved

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Report Description and Highlights

Report Description

Global Wireless Charging Market Overview: According to the latest report by IMARC Group, titled “ Wireless Charging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 20202025 ,� the global wireless charging market size reached US$ 9.6 Billion in 2019. Wireless Charging is the process of charging battery-operated appliances without plugging them to a live power source. It operates on the principle of electromagnetic induction, which constitutes a transmitter to conduct the energy and a receiver to charge the battery. Wireless charging is a convenient and reliable technology that eliminates the need for power connecters and cables, providing a portable and cost-effective alternative to traditionally wired charging systems. In recent years, the demand for wireless charging has increased due to a rise in the utilization of electronic devices such as smartphones, laptops, wearable and household electronics.

Request for a free sample report: https://www.imarcgroup.com/wireless-charging-market/requestsample Global Wireless Charging Market Trends: A major factor driving the growth of the global market is the convenience of charging electronic devices at any time.

Report Description and Highlights

157.3 146.7 152.0 141.4 136.1 125.5 130.8

160 140 120 100 80 60 40 20 0

120.2 2012

2013

2014

2015

2016

2017

2018

2019

In Billion US$

in Billion US$

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180 160 140 120 100 80 60 40 20 0

160.0 2020

175.9

181.2

186.5

165.3

170.6

2021

2020

2023

2024

2025

Wireless charging systems the ensure hassle-free portability of appliances and eliminate the need for bulky power and charging devices. Owing to these benefits, wireless charging devices have penetrated various industrial sectors such as consumers electronic industrial equipment and automotive. For instance, Powermat Technologies Ltd, a developer of wireless power solution, has developed platforms for magnetic induction wireless charging, which can power more type of devices, ranging from smaller wearables to mobile phones, tablets and even laptops, due to their higher power capabilities.

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The growth of these end-user industries is likely to drive the growth of the wireless charging market over the coming years. Moreover, technological advancements made by the manufactures are expected to improve the power transmission range of the existing wireless charging devices by enabling them to charge over longer distances, thereby enhancing the utility for the customers. Looking forward, the market value is projected to reach US$ 20.3 Billion by 2025, registering a CAGR of 13.2% during 20202025.

Wireless Charging Market Segmentation: Market Segmentation by Technology • • • •

Inductive Charging Resonant Charging Radio Frequency Based Charging Others

Based on the technology, inductive charging is the most popular technology used in wireless chargers.

Other major segments include resonant, radio frequency based and other charging technologies.

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For more information, click here: https://www.imarcgroup.com/wireless-charging-market Market Segmentation by Transmission Range • • •

Short Range Medium Range Long Range

On the basis of transmission range, the market has been segregated into short, medium and long range wireless chargers.

Market Segmentation by Application • • • • •

Consumers Electronics Automotive Healthcare Industrial Defense

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Others

The market has been classified based on the application into consumer electronic, automotive, healthcare, industrial, defense and others. Consumers electronic currently represent the largest application segment, accounting for the majority of overall market share.

Market Segmentation by Region • • • • •

Asia Pacific North America Europe Middle East and Africa Latin America

Region-wise, the market has been divided into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America.

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Report Description Competitive Landscape:

The competitive landscape of the market has also been examined with some of the key players.

• • • • • • • • • •

Convenient Power HK Limited Energizer Holdings, Inc. Integrated Device Technology Leggett & Platt, Incorporated Murata Manufacturing Co. Ltd Powermat Technologies Ltd. Qualcomm Incorporated Texas Instruments Incorporated Witricity Corporation Samsung

A partial List of

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Clients world's leading corporates, governments, and ourPartial ClientsList of institutions

A partial List of

We are the trusted business partners to the

of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions

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