Global Market Study on Wireless Charging: Consumer Electronics Application Segment Projected to be the Most Attractive Segment Through 2024

Researchmoz added latest report "Global Market Study on Wireless Charging: Consumer Electronics Application Segment Projected to be the Most Attractive Segment Through 2024". The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
Wireless charging uses electromagnetic field for the transfer of energy between two objects. The similar technology is implemented in the wireless car charging to charge electric vehicles effortlessly. A report offered by Persistence Market Research delivers key insights on global wireless car charging market over the forecast period (2017-2025). The report highlights value chain and market dynamics across five key regions influencing growth of the market throughout the forecast period. The study further delivers detailed dynamics of the market on the basis of various segments. The assessment period has been engaged to develop accurate estimations related to market sizes throughout the forecast period.

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A team experts, trade analysts and research consultant from electronics and smart devices sector have complied this comprehensive study. Qualitative data on market trends and dynamics of market have been permeated with quantitative information to generate exact market size projections. Further, detailed analysis of each segment has been provided in terms of market size, revenues and values. Moreover, market players can also develop new strategies and product development as well as can change present stratagems to move vigorously towards future market direction by availing this report.

Report Structure

The report offers detailed information in terms of quality and quantity of each segments of the wireless charging market as well as drivers, trends and various charging technologies that are developed and are being adopted by consumers. The report also includes the market strategies of the leading market players and major sectors that have been using this technology and are fueling growth of the market. Sectors that have huge demand as well as the regions demanding wireless charging technology have also been included in the report. The report even serves as reliable source of information for the market players. In addition, market growth and possibilities of expansion among various regions have also been discussed in the report.

Report further reveals detailed information regarding the dynamics of market on the basis of various segments. In this report, the market has been segmented on the basis of component type, application type, technology type and by region. The study reveals that the market on the basis of component has been segmented into receivers and transmitters. By the technology type, the market includes resonance charging, inductive technology and radio frequency technology segments. Additionally, sub segments of the market based on applications are automotive, industrial, consumer electronics and healthcare. Further, report provides dynamics of the market in various regions. Europe, North America, Middle East & Africa, Asia Pacific and Latin America are key regions that are profiled in the report.

Research Objectives

The report offers key trends in particular countries that are responsible for the market growth. The report evaluates recent and future scenario of the market in particular region as well as for specific segment too.

The report considered economy-wise charging production and wireless charging sales, electronic devices across regions and adoption rate of these devices. This report not only offers estimated forecast on the basis of CAGR but has also analyzed various parameters such as year-on-year growth to estimate market size and to find out right opportunities across market. As per aforementioned, the market has been segmented into various segments.

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All the segments on the basis of different regions are analyzed contribution of each segment in growth of the market in terms of basis point share. Such detailed information is necessary to identify different key trends leading global wireless charging market.

Another major attraction of this report is the analysis of all the key segments based on absolute dollar opportunity. These factors are traditionally overlooked while generating projections of the market.

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Global Wireless Charging Market Will Grow Steadily At An Impressive CAGR Of More Than 33% By 2020

Researchmoz added Most up-to-date research on "Global Wireless Charging Market 2016-2020" to its huge collection of research reports.

Technavios market research analyst predicts the global wireless charging market to grow at an impressive CAGR of more than 33% by 2020. The augmented adoption of wireless computing devices like tablets and smartphones will necessitate the need for wireless charging devices as they help in charging devices wherever and whenever required; thus, eliminating the need for charging cables.

The integration of wireless charging for smartphones in automobiles will drive market growth during the forecast period. With the integration of wireless charging pads in automobiles, the consumer no longer needs to keep a charger in the car or worry about plugging their device into the vehicle. Since this technology is estimated to become prevalent across all vehicle segments during the forecast period, their augmented incorporation in all variants of automobiles will lead to market growth.

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Application-based segmentation of the wireless charging market
Consumer electronics
Electric vehicles

In this market study, Technavio analysts have estimated the consumer electronics segment to be the largest market segment during the estimated period. Much of this segments growth can be attributed to the proliferation of devices like smartphones, tablets, portable PCs, and wearable electronics, which require frequent charging for optimal performance.

Geographical segmentation of the wireless charging market
Americas
APAC
EMEA

Technavios market research analysts have estimated the Americas to account for more than 36% of the total market share by 2020. The growing awareness of wireless power technology among consumers and the increase in adoption of wireless charging for industrial applications are the two critical factors that propel market growth in this region during the estimated period.

Competitive landscape and key vendors
This market is highly competitive and is characterized by the presence of large players and start-ups like Ubeam. Since the global wireless charging market is still in its development stage, the vendors in this market try to gain prominence by offering high-quality, affordable products to consumers. To survive and succeed in this market, the vendors have to distinguish their products and service offerings through a clear and unique value proposition.

The key vendors in this market are -
Duracell
Fulton
Qualcomm
WiTricity

Other prominent vendors in the market include Anker, Energizer Holding, LS Cable & System, Oregon Scientific, Pure Energy Solutions, Texas Instruments, Wisepower, and Leggett and Platt.

Key questions answered in the report include
What will the market size and the growth rate be in 2020?
What are the key factors driving the global wireless charging market?
What are the key market trends impacting the growth of the wireless charging market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the vendors in the global wireless charging market?
Trending factors influencing the market shares of the Americas, APAC, and EMEA?
What are the key outcomes of the five forces analysis of the wireless charging market?

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