Tuesday, 11 June 2019

Wireless Charging Market To Surpass $95.6 Bn By 2026 - Polaris Market Research

  

New York, 11, June 2019: Polaris Market Research presents a most up-to-date research on "Wireless Charging Market Share, Size, Trends, Industry Analysis Report By Technology (Inductive, Radio Frequency, Resonant, Others); By End-User (Consumer Electronics, Automotive, Healthcare, Defense, Industrial, Others); By Regions, Segments & Forecast, 2018 - 2026" The Global Wireless Charging Market Is Projected To Reach Around USD 95.6 Billion By 2026 According To A New Market Research Report By Polaris Market Research.


In 2017, the consumer electronics segment dominated the global market in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global wireless charging market revenue during the forecast period.

The wireless charging market has substantial potential for the present and future applications, owing to the rise in the mobile phone usage across the world, especially emerging regions such as India, China and South-East Asia. The growing demand for mobile devices and consumer goods drives the growth of the market during the forecast period. The wireless charging market is expected to grow significantly during the forecast period owing to increasing popularity of electric vehicles. 

Wireless charging has multiple applications in the EV technology including fuel supply, and in-car electronics. However, factors such as lack of standardization of mobile devices and their charging potentials, longer charging duration, and limited portability hamper the market growth to a certain extent. Growing demand from emerging economies, increasing adoption of IoT and smart devices are expected to provide numerous growth opportunities in the coming years.

Browse Complete summary of this report with TOC on “Wireless Charging Market by Application and End User – Global Industry Analysis and Forecast to 2026” at: https://www.polarismarketresearch.com/industry-analysis/wireless-charging-market

Asia-Pacific generated the highest revenue in the market in 2017, and is expected to lead the global wireless charging market throughout the forecast period. The economic growth in countries such as China and India, leading to rising living standards and high disposable income has increased the penetration of smart phones and other mobile devices in the region, thereby increasing the demand for wireless charging. The increasing environmental concerns and depletion of traditional fuel sources have encouraged consumers to use electric vehicles in the region. China exhibits the highest penetration of electric vehicles, which supports market growth of wireless charging.

The key players operating in the market include Integrated Device Technology, Mojo Mobility, Powercast Corp., Texas Instruments, Energizer Holdings, Leggett & Platt, Incorporated, Qualcomm Incorporated, Powermat Technologies Ltd., ConvenientPower, and Murata Manufacturing Co. Ltd. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.


Key Segments:

Wireless Charging Market Size and Forecast by Technology, 2018-2026

·         Key Findings
·         Inductive
·         Radio Frequency
·         Resonant
·         Others
Wireless Charging Market Size and Forecast by End-User, 2018-2026

·         Key Findings
·         Consumer Electronics
·         Automotive
·         Healthcare
·         Defense
·         Industrial
·         Others

Wireless Charging Market Size and Forecast by Region, 2018-2026

·         North America [U.S., Canada]
·         Europe [Germany, UK, France, Italy, Spain, Belgium, Netherlands, Rest of Europe]
·         Asia-Pacific [China, India, Japan, South Korea, Singapore, Malaysia, Rest of Asia-Pacific]
·         Latin America [ Brazil, Mexico, Argentina, Rest of Latin America]
·         Middle East and Africa [Israel, South Africa, Saudi Arabia, UAE, Rest of MEA]

Don’t miss out on business opportunities in Wireless Charging Market. Speak to our analyst and gain crucial industry insights that will help your business grow: @ https://www.polarismarketresearch.com/industry-analysis/wireless-charging-market/speak-to-analyst


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