DUBLIN--(BUSINESS WIRE)--The "Global Wireless Charging Market Analysis & Forecast (2018-2023): Focus on Applications, Components, Technology, Implementation & Geography" report has been added to ResearchAndMarkets.com's offering.
"Global Wireless Charging Market - Analysis and Forecast, 2018-2023, is a compilation of different segments of global wireless charging market including the market breakdown by implementation type, technology, region, and applications. The report further details market dynamics and the competitive landscape and profiles key participants of the industry.
The demand for wireless charging varies in different regions. The wireless charging market holds a prominent share in countries of North America, Asia-Pacific (APAC), Europe, and Rest-of-the-World (RoW). Region-wise, North America led the global wireless charging market in 2017 in terms of value. APAC region, however, is estimated to witness the highest growth in this market during the forecast period,2018-2028.
The growth of the wireless charging market in the APAC region is attributed to the widespread adoption of Qi standard for wireless charging and increased shipments of smartphones, smartwatches and other wearable devices. Additionally, wireless charging infrastructure for Electric Vehicles (EVs) is another factor w expected to propel the growth in this region.
The global wireless charging market has witnessed several strategic and technological developments in the past few years, undertaken by different market players in their attempt to attain their respective market shares. Some of the strategies that the companies conduct and that are covered in this report are product launches, partnerships and collaborations, and mergers and acquisitions. The preferred strategy for the companies has been partnerships and collaborations that help them strengthen their positions in the global wireless charging market.
Market Dynamics
Market Drivers
- Increasing shipments of Smartphones and other Wearable Devices fuelling the demand
- Standardization of Regulations for Wireless Charging
- Increasing In-built Wireless Charging Options in various applications
Market Restraints
- Fast Charging: Priority for Customers
- High Price and Lower Efficiency of Wireless Charging
Market Opportunities
- Wireless Charging Infrastructure for Electric Vehicle (EV)
- Far-Field Wireless Charging
- Internet of Things (IoT) and Wireless Charging
Companies Mentioned
- Air Charge
- Belkin International, Inc.
- Convenient Power Limited
- Energous Corporation
- Integrated Device Technology, Inc.
- Infineon Technologies AG
- NXP Semiconductors
- Powermat
- Qualcomm Technologies Inc.
- Samsung Electronics Co. Ltd.
- Semtech Corporation
- TDK Corporation
- Texas Instruments Incorporated
- WiTricity Corporation
- NuCurrent Inc.
For more information about this report visit https://www.researchandmarkets.com/research/bm6tn4/global_wireless?w=4
