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Wireless Charging Market Advancing Quickly With Rising Need For Device Portability - IndustryARC Research(March 20, 2017)
Hyderabad, India, March 20, 2017 (GLOBE NEWSWIRE) --
The report ?Wireless Charging Market: By Technology (Magnetic Inductance, Magnetic Resonance, Radio-wave); By Range (Short range, Medium range, Long range); By Applications (Consumer Electronics, Industrial, Automobile)-With Forecast (2017 - 2022), published by IndustryARC, estimates that with the preference of using technology with wireless charging capabilities, the market sees great scope in the APAC region, in particular.
Browse 69 Market Tables, 56 Figures spread through 230 Pages and an in-depth TOC on ?Wireless Charging Market 2017 - 2022
Scope & Regional Forecast of the Wireless Charging Market:
Wireless Charging, or wireless power transfer (WPT) is a technique 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. The main factors that are drawing the attention to enter markets are consumer electronics and transportation vehicles. The inductive and resonant markets have found the core importance of this market. Frequency based techniques are found to be more costly and also facing minor environmental and R&D issues. There are various types of technologies such as near field charging, far field charging, capacitive coupling and few others. These factors demanded for low cost and sustainable techniques, thus wireless charging equipment market is increasing.
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Wireless charging is replacing standard type of charging and became the next best alternative
for device manufactures. Convenience while using charger, falling prices and growing smartphone penetration are helping to snowball the market for wireless charging market. Major Industries of wireless charging equipment market are consumer electronics, automotive Industry, industrial products and healthcare. Due to disparate wireless charging standards, organizations such as Wireless Power Consortium (WPC), Power Matters Alliance (PMA) and Alliance for Wireless Power (A4WP) are currently engaged in developing harmonized standards for wireless charging. Many manufacturers have started embedding wireless charging technique into the devices itself by getting benefit from brand image and convenience. This market has occupied the growth stage in the product life cycle where the growth is continuous and exploring. The growth is mainly due to raising smartphone market and falling prices.
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Prominent Segmentations Involved in the Wireless Charging Market:
The Wireless Charging Market can be broken down into various segmentations on the basis of:
- Standards: Wireless Power Consortium (WPC), QI Data Protocol, QI Specifications, Power Matters Alliance (PMA)+Alliance for Wireless Power (A4WP), Open dots Alliance.
- Type: Inductive Coupling Charging, Resonant Charging, Radio Wave Charging, Microwave Charging, Laser Beam Charging.
- Range: Short range (<50mm), Medium range (<4M), Long range (>4M)
- Applications: Consumer electronics (Smartphones, Tablets, Wearable Devices, Laptops), Automobile, Healthcare, Industrial (Cordless Power Tools , RFID Tags).
- Geographic Regions: Americas, Europe, Asia Pacific and RoW.
Some of the sample companies profiled in the Wireless Charging Market report are as follows:
- Active-Semi Inc.
- Broadcom Corporation
- Energous Corporation
- Fusion Taiwan Company
- Humavox Ltd.
- Integrated Device Technology, Inc.
- Kube Systems
- Laird PLC
- MediaTek Inc.
- Murata Manufacturing Co. Ltd.
- NuCurrent Inc.
- Ossia Inc.
- Qualcomm Incorporated
- Texas instruments Inc.
- Wireless Efficiency
Why buy this report?
- Get a detailed picture of the Wireless Charging Market.
- Pinpoint growth sectors and identify factors driving change.
- Understand the competitive environment, the markets major players and leading brands.
- A five-year forecast method is used in order to assess how the market is predicted to develop.
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