Wireless Charging Market Overview and Research Report, 2014 to 2024

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Wireless Charging Market Share, Size, Analysis,
Growth, Trends and Forecasts to 2024 Hexa
Research
Wireless Charging Market to Surpass 20 Billion
By 2024
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).
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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.
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Table of Content of Wireless Charging Market
Chapter 1. Methodology and Scope 1.1. Research
Methodology
1.1.1. Initial data exploration
1.1.2. Statistical modeling and forecast 1.1.3.
Industry insights and validation 1.2. List of
Data Sources
Chapter 2. Executive Summary 2.1. Wireless
charging industry 3600 synopsis, 2016 -
2024 2.1.1. Business trends
2.1.2. Application trends 2.1.3. Regional trends
Chapter 3. Wireless Charging Industry
Insights 3.1. Industry segmentation 3.2. Industry
size, forecast and growth prospects, 2016 -
2024 3.3. Industry ecosystem analysis 3.3.1.
Supply landscape
3.4. Technological overview
3.4.1. Wireless charging standards 3.5. Wireless
charging industry dynamics 3.5.1. Growth
drivers 3.5.1.1 Growing smartphones
demand 3.5.1.2 High degree of convenience 3.5.1.3
Technological innovation 3.5.2. Industry pitfalls
challenges 3.5.2.1 Need for standardization 3.6.
Key market growth opportunities 3.7. Porters
analysis
3.8. Key competitor analysis, 2015 3.8.1. Company
strategy landscape 3.9. PESTEL analysis
Chapter 4. Wireless Charging Technology
Insights 4.1. Wireless charging market share by
technology, 2015 2024 4.2. Inductive 4.2.1.
Market estimates and forecasts, 2016 -
2024 4.2.2. Market estimates and forecasts by
region, 2016 - 2024 4.3. RF 4.3.1. Market
estimates and forecasts, 2016 - 2024 4.3.2.
Market estimates and forecasts by region, 2016 -
2024 4.4. Resonant
4.4.1. Market estimates and forecasts, 2016 -
2024 4.4.2. Market estimates and forecasts by
region, 2016 - 2024
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4.5. Others 4.5.1. Market estimates and
forecasts, 2016 - 2024
4.5.2. Market estimates and forecasts by region,
2016 - 2024
Chapter 5. Wireless Charging Application
Insights 5.1. Wireless charging market share by
application, 2015 2024 5.2. Consumer
Electronics 5.2.1. Market estimates and
forecasts, 2016 - 2024 5.2.2. Market estimates
and forecasts by region, 2016 - 2024 5.3.
Healthcare 5.3.1. Market estimates and forecasts,
2016 - 2024 5.3.2. Market estimates and forecasts
by region, 2016 - 2024 5.4. Defense 5.4.1. Market
estimates and forecasts, 2016 - 2024 5.4.2.
Market estimates and forecasts by region, 2016 -
2024 5.5. Automotive 5.5.1. Market estimates and
forecasts, 2016 - 2024 5.5.2. Market estimates
and forecasts by region, 2016 - 2024 5.6.
Industrial 5.6.1. Market estimates and forecasts,
2016 - 2024 5.6.2. Market estimates and forecasts
by region, 2016 - 2024 5.7. Others
5.7.1. Market estimates and forecasts, 2016 -
2024 5.7.2. Market estimates and forecasts by
region, 2016 - 2024
Chapter 6. Wireless Charging Regional
Insights 6.1. Wireless charging market share by
region, 2016 2024 6.2. North America
6.2.1. Market estimates and forecasts by product,
2016 - 2024 6.2.2. Market estimates and forecasts
by application, 2016 - 2024 6.2.3. U.S. 6.2.3.1
Market estimates and forecasts by product, 2016 -
2024 6.2.3.2 Market estimates and forecasts by
application, 2016 - 2024 6.2.4. Canada
6.2.4.1 Market estimates and forecasts by
product, 2016 - 2024 6.2.4.2 Market estimates and
forecasts by application, 2016 - 2024 6.3. Europe
6.3.1. Market estimates and forecasts by product,
2016 - 2024 6.3.2. Market estimates and forecasts
by application, 2016 - 2024 6.3.3. UK 6.3.3.1
Market estimates and forecasts by product, 2016 -
2024 6.3.3.2 Market estimates and forecasts by
application, 2016 - 2024 6.3.4. Germany
6.3.4.1 Market estimates and forecasts by
product, 2016 - 2024 6.3.4.2 Market estimates and
forecasts by application, 2016 - 2024 6.4. Asia
Pacific
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6.4.1. Market estimates and forecasts by product,
2016 - 2024 6.4.2. Market estimates and forecasts
by application, 2016 - 2024 6.4.3. China 6.4.3.1
Market estimates and forecasts by product, 2016 -
2024 6.4.3.2 Market estimates and forecasts by
application, 2016 - 2024 6.4.4. Japan 6.4.4.1
Market estimates and forecasts by product, 2016 -
2024 6.4.4.2 Market estimates and forecasts by
application, 2016 - 2024 6.4.5. India
6.4.5.1 Market estimates and forecasts by
product, 2016 - 2024 6.4.5.2 Market estimates and
forecasts by application, 2016 - 2024 6.5. Latin
America
6.5.1. Market estimates and forecasts by product,
2016 - 2024 6.5.2. Market estimates and forecasts
by application, 2016 - 2024 6.5.3. Brazil 6.5.3.1
Market estimates and forecasts by product, 2016 -
2024 6.5.3.2 Market estimates and forecasts by
application, 2016 - 2024 6.5.4. Mexico
6.5.4.1 Market estimates and forecasts by
product, 2016 - 2024 6.5.4.2 Market estimates and
forecasts by application, 2016 - 2024 6.6. MEA
6.6.1. Market estimates and forecasts by product,
2016 - 2024 6.6.2. Market estimates and forecasts
by application, 2016 - 2024
Chapter 7. Competitor Profiles 7.1.
ConvenientPower 7.2. Energizer Holdings 7.3.
Evatran LLC (Plugless Power) 7.4.
GETPOWERPAD 7.5. Integrated Device Technology
(IDT) 7.6. Leggett Platt Inc. 7.7. MediaTek
7.8. Mojo Mobility
7.9. Murata Manufacturing 7.10. PowerbyProxi
Ltd. 7.11. Powercast Corp. 7.12. Powermat
Technologies 7.13. Qualcomm Incorporated 7.14.
Texas Instruments
7.15. WiTricity Corporation
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