The article cited AMA's "Global Wireless Power Banks Market Study" explored CAGR of %. According to the report, Increasing Popularity of the Wireless Charging System is one of the primary growth factors for the market. Increased Demand for Wireless Charging Smartphones Leads Into Demand for Wireless Power Banks
is also expected to contribute significantly to the Wireless Power Banks market. Overall, Mobile
applications of Wireless Power Banks, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Distribution Channel, such as Online, is boosting the Wireless Power Banks market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Wireless Power Banks market identified that the demand is rising in many different parts of the world as "Growing Consumer Electronics Industry
". Furthermore, some recent industry insights like "On 24th May 2019, Samsung launched a power bank with wireless charging and a wireless charger for the desk that can accommodate two devices at once. The Samsung Wireless Power Bank and the Samsung Wireless Charger Duo Pad, which can fast-charge compatible Samsung and non-Samsung devices, are now available for purchase in India." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Wireless Power Banks market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Wireless Power Banks market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Wireless Power Banks market size is calculated using market estimation process, the Wireless Power Banks market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Wireless Power Banks market size has been validated using both top-down and bottom-up approaches.