Market Highlights: Wireless charging is referred as an ability to transmit electricity through the air by creating a magnetic field between two circuits, a transmitter and a receiver. The wireless charging is applicable everywhere from smartphones and laptops to kitchen appliances and cars. Because of the increased mobility and advances wireless charging is expanding its market in healthcare, automotive and manufacturing industries. The market of the wireless charging is rising due to the growing consumer expectation towards the technological advancement in every field. Also the consumer are ready to pay extra amount for the technologically advancement component The market study is being classified by Type (Inductive Technology, RF Technology, Resonant Technology and Others), by Application (Electric vehicles, Mobile Phone, Laptops, Watch and Other) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Wireless Charging are Qualcomm Incorporated (United States), Samsung (South Korea), Texas Instruments Incorporated (United States), Sony Corporation (Japan), Ergo(aircharge) (United Kingdom), Bezalel (United States), Fone (United Kingdom), NXP Semiconductors (Netherlands), IOttie (United States), Humavox (Israel), Semtech (United States), Integrated Device Technology, Inc. (United States), Lenmar (United States), Gill Electronics (United States), Energizer Holdings, Inc (United States), Convenient Power HK Limited (China), WiTricity Corporation (United States) and Leggett & Platt (United States).
The End User, such as Consumer Electronics, is boosting the Wireless Charging market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
Major Market Development Highlights Fulton innovation partners with electri-cable assemblies to announce wireless power integration in new power base and Integrated Device Technology will be acquired by Renesas company to enhance global leadership in embedded solutions Fulton Innovation makes a wireless power breakthrough with adaptive resonance for simultaneous charging and super spatial freedom and Nordic Semiconductor company that specializes in the ultra-low power performance wireless system has announced Bluetooth smart solution for Rezence wireless charging which is using the principles of magnetic resonance
Key Questions Answered in the Report What will the Wireless Charging Market size and the growth rate be in Future? What are the key factors driving the Wireless Charging Market? What are the key market trends and macro-economic impacting the growth of the Wireless Charging Market? What are the challenges to market growth? Who are the key vendors in the Wireless Charging Market? What are the market opportunities and threats faced by the vendors in the Wireless Charging Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Wireless Charging Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Wireless Charging market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Wireless Charging market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturer, Sub component manufacturer, Channel partners, Industry association, Downstream vendors, Government and investment communities and Research organisation and associations. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.