Wireless Charging Market 2021 – 2022 | Share, Trade Analysis, Current Trends, Competitive Landscape and Forecasts

The global wireless market is expected to grow at a steady rate during the forecast period. Wireless charging is the process of transmitting electrical energy without transmitting materials or physical wires. In this technology, electrons flow through electric, magnetic or electromagnetic field medium. In the emerging technology market, some of the successfully evolved applications are microwaves, ultrasound, infrared, solar cells, laser, and resonance electromagnetic waves. Wireless charging technology works on two technologies, as induction and resonance of magnetic field. In inductive charging coils are tightly coupled, resulting in high power transmission with low heat generation. This inductive charging technology is highly preferable in charging of electronic devices such as smartphones and tabs. In resonant charging, coils are loosely coupled and have low-power transfer efficiency. Such type of systems is best suitable for the applications having a tight electromagnetic induction or electromotive force like in automobiles.

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The global wireless charging market report offers in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and challenges in the wireless charging market.

Deeper understanding of the strategies adopted by the key players in this market to stay competitive. Granular analysis about the growth map of the market during the next five years. Comprehensive analysis of the key market players and their market share

Increasing demand for user-friendly and effortless charging options for electronic devices as well as bulky electric vehicles is the major driving factor for the growth of the wireless charging market. The rising demand for the renewable energy sources, environment-friendly batteries, and intelligent management of the power systems to achieve better energy efficiency are also boosting the demand for the global market for wireless charging.

The availability of the option of charging multiple devices with a single charging source has gained a great rise in demand for the wireless charging technology, which is expected to drive the market demand.
However, the lack of awareness towards the benefits of the wireless charging technology and the requirement of huge capital investment limit the adoption of the smart charging or wireless charging options.
Moreover, the incompatibility and unequal standardization of various power transmitters are inhibiting the growth of the wireless charging market. The demand in augmented power efficiency through wireless chargers and the changing lifestyles with increasing sophistication of the living standards are expected to provide significant growth opportunities for the market.

This report analyzes the wireless charging market by the following segments:

Wireless Charging Market, by Technology
Magnetic Field Resonance
Wireless Charging Market, by End-user
Consumer Electronics
Defense & Aerospace

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Key players in the wireless charging market include:

PowerbyProxi, Inc.
Powermat Technologies Ltd.
Qualcomm Inc.
WiTricity Corporation
Convenient Power HK Limited
Integrated Device Technology, Inc.
Powercast, Inc.
Wireless Power Consortium

Table of Contents
Research Methodology
Market Segmentation
Premium Industry Trends
Value Chain Analysis
Technology Roadmap
Segment Share
Magnetic Field Resonance

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