Tag Archives: Wireless Charging Market

Wireless Charging Market Projected to Grow at a CAGR of 24.4% to 2024

According to the latest report by IMARC Group, titled “Wireless Charging Market: ****** Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the ****** wireless charging market reached a value of US$ 6.9 Billion in 2018, growing at a CAGR of 24.6% during 2011-2018. Wireless charging is the process of charging battery-operated appliances without plugging them to a live power source. It operates on the principle of electromagnetic induction which constitutes a transmitter to conduct the energy and a receiver to charge the battery. Wireless charging is a convenient and reliable technology that eliminates the need for power connectors and cables, thus providing a portable and cost-effective alternative to traditionally wired charging systems. Catalyzed by a rise in the utilization of electronic devices such as smartphones, laptops, wearable and household electronics, the demand for wireless charging has been witnessing strong growth.

Wireless Charging Market Is Expected To Reach $22.25 Billion During the Forecast Period

The ****** wireless charging market is projected to reach USD 22.25 billion by 2022. Increase in the demand for hassle-free charging pads is driven by factors including entangling of charging cable, insufficient availability of electric sockets in public places and malfunctioning ports due to continuous usage. These key factors are expected to increase the popularity of wireless power systems. Adoption of this technology in sectors such as healthcare and military services is expected to offer new horizons for market growth and provide new opportunities to expand. 

Excell Reports : ****** Wireless Charging Industry Trends and Forecast 2018 – 2025

Excell Reports announces the addition of new study based research report on Wireless Charging Market to their suite of offerings. The report provides key statistics on the market status of the Wireless Charging manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Firstly, the report provides a basic overview of the industry including its definition, applications and manufacturing technology. Then, the report explores the international major industry players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for each company. Through the statistical analysis, the report depicts the ****** total market of Wireless Charging industry including capacity, production, production value, cost/profit, supply/demand. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis. The report then estimates 2018-2023 market development trends of Wireless Charging industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Wireless Charging Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2018-2023 ****** Wireless Charging industry covering all important parameters.

Wireless Charging Market To Surpass $20 Billion By 2024

1 October 2018 –

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 ****** 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 ****** market is segregated as applications, technologies, and regions.

Wireless Charging Market Supply, Consumption, Price & Product Category By 2022

Industry Insights

The ****** Wireless Charging Market size was valued at USD 1.87 billion in 2014 and is expected to reach USD 22.25 billion by 2022. Future growth opportunities seem to positive on account of increasing adoption of consumer electronic devices such as laptops and smartphones that employ the new technology of wireless charging. Rising need for wireless and hassle-free methods to power different devices amongst end users in industrial sectors including healthcare, automotive, defence and industrial markets is expected to propel market growth in the next eight years. This market is in the growing phase and is observed to experience a wide range of innovations and provide several opportunities to new entrants. In order to improve existing operations and functionalities, heavy investments are made by major market players on research and development. Key emphasis is laid on enhancing and refining the power transmission range that can enable wireless charging of devices for long distances.

Future and Growth of Wireless Charging Market by 2025

Xpodence Research has announced the addition of the “****** Wireless Charging Industry 2018 to 2025 Market Research Report: Market Size, and Forecasts” report to their offering.

Wireless Charging gives a helpful, safe, and solid approach to charge and power a large number of electrical gadgets at home, in the working environment and in industry. By disposing of the utilization of physical connectors and links, wireless charging gives various proficiency, cost and security focal points over the customary charging link. From cell phones, to hand-held modern gadgets and overwhelming obligation gear applications, wireless power looks after sheltered, nonstop, and dependable exchange of energy to guarantee all assortments of gadgets and hardware are charged and prepared to go immediately.

Wireless Charging Market 2018-25 Emerging Trends, Top Vendors, Growth, Regions, Analysis and Forecast

Market Overview

Wireless Charging gives a helpful, safe, and solid approach to charge and power a large number of electrical gadgets at home, in the working environment and in industry. By disposing of the utilization of physical connectors and links, wireless charging gives various proficiency, cost and security focal points over the customary charging link. From cell phones, to hand-held modern gadgets and overwhelming obligation gear applications, wireless power looks after sheltered, nonstop, and dependable exchange of energy to guarantee all assortments of gadgets and hardware are charged and prepared to go immediately.

Top Leading Players:

Wireless Charging Market Analysis by Current Industry Status, Key Manufacturers, Industry Drivers and Forecast to 2025

 

Market Scenario

Wireless Charging gives a helpful, safe, and solid approach to charge and power a large number of electrical gadgets at home, in the working environment and in industry. By disposing of the utilization of physical connectors and links, wireless charging gives various proficiency, cost and security focal points over the customary charging link. From cell phones, to hand-held modern gadgets and overwhelming obligation gear applications, wireless power looks after sheltered, nonstop, and dependable exchange of energy to guarantee all assortments of gadgets and hardware are charged and prepared to go immediately.