Wireless Charging Equipment Market to Approach $15.2 Billion by 2020

30/gen/2016 06.36.01 IndustryARC Contatta l'autore

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Wireless Charging, or wireless power transfer (WPT) is a method of transmitting power based on electromagnetic induction or resonance technique into various electronic devices such as smartphones, wearable devices, laptops, wireless headphones and many others.

Wireless Charging Equipment Market is nothing but a revolutionary turning point for the Charging Devices Market. It has clearly gained much prominence in the past few years and is expected to grow further much more owing to the demand for higher convenient portable devices; be it mobiles or laptops or charging devices.

According to IndustryARC studies, the Global Wireless Charging Equipment Market is forecast to reach $15.2 Billion by 2020 with a CAGR of 48.68% during the forecast period 2015-2020. Experts also suggest that currently, Magnetic Inductance Charging occupies more than 95% share of the total market.

Browse 80 Market Tables, 25 Figures spread through 230 Pages and an in-depth TOC on “Wireless Charging Equipment Market” at: http://industryarc.com/Report/7384/wireless-charging-market-report.html

Wireless Charging Equipment Market Driving Factors:

Wireless Charging Equipment Market is majorly driven by increasing sales of smartphones across the geographic regions. Since the consumer electronics market is the major end user industry of wireless charging equipment, the occurrence in the market would directly impact the wireless charging market as well. As of 2014, nearly 117 million wireless charging enabled smartphones were shipped and this number is likely to grow exponentially till 2020.

Wireless Charging Equipment Market Applications:

Wireless Charging Equipment Market finds its application in various fields such as consumer electronics, industrial and automotive. Electric vehicles (EV’s) segment is one of the key end user industries of wireless charging market. People who own EV’s are using wireless charging to recharge the car batteries. As concerns over environment are increasing significantly

Market Segmentation:

Wireless Charging Equipment Market is well gone through and concluded to be divided into 5 broad types based on the given factors below:

  • By Standards: Wireless Power Consortium (WPC), Power Matters Alliance (PMA) + Alliance for Wireless Power (A4WP) and Open Dots Alliance.
  • By Technology: Magnetic Inductance, Magnetic Resonance, Radio Wave Charging, Microwave Charging and Laser Beam Charging.
  • By Range: Short Range (<50mm), Medium Range (<M) and Long Range (>4M).
  • By Applications: Consumer Electronics, Transportation, Healthcare and Industrial.
  • By Region: Americas, Europe, APAC and ROW.

Wireless Charging Equipment Market Key Players:

Few Major notable competitors of the Wireless Charging Market which are studied, analyzed and mentioned in this research report by IndustryARC are:

  • Powermat Technologies Ltd.
  • WiTricity Corporation.
  • Texas instruments Inc.
  • PowerbyProxi,
  • Qualcomm Incorporated.

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About IndustryARC:

IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

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