Global Wireless Charging Market To Exceed USD 20 Billion By 2024

Wireless Charging Market

Wireless charging market is expected to grow beyond USD 20 billion by 2024. Elimination of cables allows clutter-free charging, which has impelled the consumption levels. Another growth driving factor for the global market includes the growing demands for smartphones, specifically in India, China, and South Korea. The rise in infrastructural development, digitization, and network communications has also driven the growth. Moreover, rising demands across the automotive industry on account of the increased sales of electric vehicles is also a key market driver. The global market is segregated as applications, technologies, and regions.

The application sector includes defense, consumer, automotive, healthcare, and industrial. The consumer application sector led the global market and is expected to generate a revenue share of more than USD 16 billion by 2024. Rising demands for wireless chargers is likely to augment the segment. The healthcare sector is projected to be the most lucrative application sector, with a CAGR of over 38 % over the forecast period (from 2016 to 2024).

The technology sector comprises resonant, Radio Frequency (RF), and inductive. Inductive wireless charging market led the overall technology sector, particularly in the automotive industry, in 2015. However, this technology is inconvenient for a multi-device ecosystem since it permits just a single device to be charged per coil. The RF technology sector is expected to exceed USD 3.5 billion by 2024 growing at a CAGR of over 45 % from 2016 to 2024. This is mainly because it eradicates the necessity for appropriate alignment in case of any small devices.

Regionally, the United States occupied over 30 % of the total revenue in 2015. High tendency to spend on these devices because of the high levels of technological awareness and advancements are anticipated to favorably impact the market growth. In addition to this, significant technological proliferation across various application sectors is also likely to be a key growth driver. The Asia-Pacific wireless charging market is projected to reach USD 12 billion by 2024 growing at a healthy CAGR of over 35 % during the estimated years.

The major companies in the global market include WiTricity Corp.; PowerbyProxi Ltd.; Qualcomm Inc.; and Integrated Device Technology Inc. (IDT). New players generally work together with technology providers and then launch their products. However, huge set-up costs may pose a challenge to these new companies that want to establish and develop their market presence.

Global Wireless Charging Market Estimates and Forecasts, 2017-2022 (USD Million)

Market Research Explore review has been based on the titled,”Wireless Charging ”. The Global Wireless Charging market is estimated to reach Wireless Charging Billion USD in 2017. The objective of report is to define, segment, and project the market on the basis of type, channel, and region, and to describe the content about the factors influencing market dynamics, policy, economic, technology and market entry etc.

The report begin with the basic overviews of definitions and classification of the industry, applications of the industry and chain structure are given. The report details the historical and forecast data of the Global Wireless Charging market along with the current scenario. Report also includes Wireless Charging market by Type and Applications, Electric Heating Cable Sales, Revenue, Price and Wireless Charging Industry Share.

After the Wireless Charging Market analysis report speaks about the manufacturing process and cost structures. The process is analyzed thoroughly upstream raw materials, equipment and downstream consumers, various manufacturing associated costs (material cost, labour cost, etc.) and the actual process.

Various analytical tools include feasibility analysis, investment return analyses, as well as SWOT analysis of the major market players. At the Wireless Charging market report gives Forecast (2017-2022) and market research findings and conclusion.

Table of Contents
Part 1: Market Overview
Part 2: Industry Chain
Part 3: Environmental Analysis
Part 4: Major Vendors
Part 5: Market/Vendors Distribution
Part 6: Regions Market
Part 7: Forecast
Part 8: Marketing Overview
Part 9: Conclusion

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Global Wireless Charging Market Size, Share and 2017-2022 Industry Segment by Type

Orbis Research

Orbis Research: Statistical Analysis for Global Wireless Charging Market capacity, production, production value, cost/profit, supply/demand and import/export. The report will assist reader with better understanding and decision making.

This report studies the global Wireless Charging market, analyzes and researches the Wireless Charging development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
Ergo(Aircharge)
BEZALEL
FONE
NXP Semiconductors
IOttie
Humavox
Semtech
Integrated Device Technology, Inc.
Lenmar
Gill Electronics

Market segment by Regions/Countries, this report covers
United States
EU
Japan
China
India
Southeast Asia

Market segment by Type, Wireless Charging can be split into
Inductive Technology
Radiation Technology
Others

Market segment by Application, Wireless Charging can be split into
Consumer Electronics
Defense
Healthcare
Automotive
Industrial
Others

If you have any special requirements, please let us know and we will offer you the report as you want.

Some Points from TOC:

Chapter One: Industry Overview of Wireless Charging
1.1 Wireless Charging Market Overview
1.1.1 Wireless Charging Product Scope
1.1.2 Market Status and Outlook
1.2 Global Wireless Charging Market Size and Analysis by Regions
1.2.1 United States
1.2.2 EU
1.2.3 Japan
1.2.4 China
1.2.5 India
1.2.6 Southeast Asia
1.3 Wireless Charging Market by Type
1.3.1 Inductive Technology
1.3.2 Radiation Technology
1.3.3 Others
1.4 Wireless Charging Market by End Users/Application
1.4.1 Consumer Electronics
1.4.2 Defense
1.4.3 Healthcare
1.4.4 Automotive
1.4.5 Industrial
1.4.6 Others

Chapter Two: Global Wireless Charging Competition Analysis by Players
2.1 Wireless Charging Market Size (Value) by Players (2016 and 2017)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future

Chapter Three: Company (Top Players) Profiles
3.1 Ergo(Aircharge)
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Wireless Charging Revenue (Value) (2012-2017)
3.1.5 Recent Developments
3.2 BEZALEL
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Wireless Charging Revenue (Value) (2012-2017)
3.2.5 Recent Developments
3.3 FONE
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Wireless Charging Revenue (Value) (2012-2017)
3.3.5 Recent Developments

……Continued

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