The global wireless charging market is exhibiting robust growth and reached a value of US$ 6.9 Billion in 2018, growing at a CAGR of 24.6% during 2011-2018. Wireless charging refers to the process of electrically charging battery-powered equipment or devices without physically connected cables. It works on the principle of inductive power transfer or magnetic resonance in which an electric current is passed between two objects through the use of coils so as to induce an electromagnetic field. It provides a safe, convenient and reliable way to charge and power numerous electrical devices at homes and workplaces.
The various benefits associated with wireless charging, such as ease of handling and mobility, protection from electric shocks, flexibility, etc., are contributing to the growth of the global wireless charging market. Further, the rising proliferation of the Internet of Things (IoT) is boosting the demand for wireless charging as it is a convenient method to power an IoT network. Moreover, integration of wireless charging solutions in automobiles and the increasing applications of wireless charging in the healthcare segment represent some of the other factors that are driving the market.
Market Summary:
Based on the technology, inductive technology represents the largest segment. Other technology segments include resonant charging, radio frequency based charging and others.
Based on the application, the market has been segmented into consumer electronics, industrial, healthcare, automotive, defence and others. Consumer electronics currently accounts for the largest market share.
Based on the transmission range, the market has been segmented as short range, medium range and long range wireless chargers.
Region-wise, the market has been segmented as North America, Asia Pacific, Europe, Middle East and Africa, and Latin America.
The competitive landscape of the market has also been examined with some of the key players being Convenientpower HK Limited, Energizer Holdings, Inc, Integrated Device Technology, Leggett & Platt Incorporated, Murata Manufacturing Co. Ltd, Powermat Technologies Ltd., Qualcomm Incorporated, Texas Instruments Incorporated, Witricity Corporation and Samsung.
This report provides a deep insight into the global wireless charging market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the wireless charging market in any manner.
Key Questions Answered in This Report:
1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Wireless Charging Market 5.1 Market Overview 5.2 Market Performance 5.3 Price Analysis 5.4 Market Breakup by Technology 5.5 Market Breakup by Transmission Range 5.6 Market Breakup by Application 5.7 Market Breakup by Region 5.8 Market Forecast 5.9 SWOT Analysis 5.9.1 Overview 5.9.2 Strengths 5.9.3 Weaknesses 5.9.4 Opportunities 5.9.5 Threats 5.10 Value Chain Analysis 5.10.1 Overview 5.10.2 Research and Development 5.10.3 Raw Material Procurement 5.10.4 Manufacturing 5.10.5 Marketing 5.10.6 Distribution 5.10.7 End-Use 5.11 Porters Five Forces Analysis 5.11.1 Overview 5.11.2 Bargaining Power of Buyers 5.11.3 Bargaining Power of Suppliers 5.11.4 Degree of Competition 5.11.5 Threat of New Entrants 5.11.6 Threat of Substitutes 6 Market Breakup by Technology 6.1 Inductive Charging 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Resonant Charging 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Radio Frequency Based Charging 6.3.1 Market Trends 6.3.2 Market Forecast 6.4 Others 6.4.1 Market Trends 6.4.2 Market Forecast 7 Market Breakup by Transmission Range 7.1 Short Range 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Medium Range 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 Long Range 7.3.1 Market Trends 7.3.2 Market Forecast 8 Market Breakup by Application 8.1 Consumer Electronics 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Automotive 8.2.1 Market Trends 8.2.2 Market Forecast 8.3 Healthcare 8.3.1 Market Trends 8.3.2 Market Forecast 8.4 Industrial 8.4.1 Market Trends 8.4.2 Market Forecast 8.5 Defense 8.5.1 Market Trends 8.5.2 Market Forecast 8.6 Others 8.6.1 Market Trends 8.6.2 Market Forecast 9 Market Breakup by Region 9.1 Asia Pacific 9.1.1 Market Trends 9.1.2 Market Forecast 9.2 North America 9.2.1 Market Trends 9.2.2 Market Forecast 9.3 Europe 9.3.1 Market Trends 9.3.2 Market Forecast 9.4 Middle East and Africa 9.4.1 Market Trends 9.4.2 Market Forecast 9.5 Latin America 9.5.1 Market Trends 9.5.2 Market Forecast 10 Competitive Landscape 10.1 Market Structure 10.2 Key Players 10.3 Profiles of Key Players 10.3.1 Convenient Power HK Limited 10.3.2 Energizer Holdings, Inc. 10.3.3 Integrated Device Technology 10.3.4 Leggett & Platt, Incorporated 10.3.5 Murata Manufacturing Co. Ltd 10.3.6 Powermat Technologies Ltd. 10.3.7 Qualcomm Incorporated 10.3.8 Texas Instruments Incorporated 10.3.9 Witricity Corporation 10.3.10 Samsung |
Market Breakup by Technology
Market Breakup by Transmission Range
Market Breakup by Application
Market Breakup by Region