Title: Global Wireless Charging Market 2018 Analysis By Top Key Players - Leggett & Platt Inc, Murata Manufacturing Co. Ltd, Powermat Technologies Ltd., Qualcomm Inc And More
1 Global Wireless Charging Market Impelled by
Rising RD Activities
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3Report Description and Highlights
Report Description
Global Wireless Charging Market Impelled by
Rising RD Activities The global wireless
charging market has witnessed a positive growth
on account of factors such as rising investments
by manufacturers to improve power transmission
range along with an increase in the demand for
wireless chargers from the automotive
industry. According to the latest report by
IMARC Group, titled Wireless Charging Market
Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2018-2023, the global
wireless charging market is experiencing a strong
growth. Wireless charging enables electrical
charge to be transferred wirelessly from a node
or charging device to the recipient device. It
utilizes electromagnetic field to generate
electric current in a metal coil placed inside
another device. The popularity of wireless
charging can be accredited to the various
advantages offered by them, including safety,
reliability, cost effectiveness and convenience.
As compared to traditional charging systems,
wireless systems enable the users to charge
different devices which can range from tablets,
heavy-duty equipment, handheld industrial
devices, laptops, etc. These chargers also ensure
that a continuous supply of power is being
transferred to these devices.
4Report Description and Highlights
Report Description
Global Wireless Charging Market
Trends Currently, the manufacturers are making
heavy investments in RD activities in order to
improve the power transmission range of wireless
chargers. Another trend has been the increasing
demand for in-car charging and wireless charging
of electrical vehicles in the automotive
industry. This can be attributed to rapidly
increasing environmental concerns caused by
traditional fossil-fuel powered vehicles.
Moreover, growing popularity of
Internet-of-Things (IoT) has led to the
requirement of wireless chargers to power IoT
devices. In addition, the penetration of wireless
charging is expected to rise in the wearable
devices segment as it can enhance the convenience
provided by them. However, the global wireless
charging market is being impeded by the limited
power transmission range of most wireless
chargers which restricts the mobility of the
users. Despite this challenge, the market is
projected to exhibit substantial growth during
2018-2023. Read more here https//www.imarcgro
up.com/wireless-charging-market
5Report Description and Highlights
Report Description
- Global Wireless Charging Market Summary
- The wireless charging market has been categorized
on the basis of different technologies available
for the consumers, including inductive, resonant
and radio frequency. Amongst these, inductive
wireless charging technology represents the
largest segment. - Based on transmission range, the market has been
segregated into short range, medium range and
long range. Short range is presently the most
popular segment, holding the majority of the
market share. - Wireless charging is used across a wide range of
applications which mainly include consumer
electronics, automotive, healthcare, industrial
and defense. Amongst these, consumer electronics
dominate the market, accounting for the largest
share. - On a geographical front, Asia pacific represents
the leading market for wireless charging on
account of high demand for electronic equipment
in countries such as Japan, South Korea, China,
and India. The other major markets include North
America, Europe, Middle East and Africa, and
Latin America. - The competitive landscape of the market has also
been examined with some of the key players being
Convenient Power HK Limited, Energizer Holdings,
Inc, Integrated Device Technology, Leggett
Platt Inc, Murata Manufacturing Co. Ltd, Powermat
Technologies Ltd., Qualcomm Inc, Texas
Instruments Inc, WiTricity Corporation and
Samsung. - Want more information about this market? Request
a free report sample - https//www.imarcgroup.com/request?typereportid
1030flagB
6Report Description and Highlights
Browse More Related Reports Smart Band
Market https//goo.gl/uqJEaW Wearable
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7Report Description and Highlights
Report Description
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