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Market Highlights:Growing semiconductor industry is one of the major driving factor of this market. The global semiconductor industry is estimated to be at market size of more than USD 400 billion in the year 2017 and this is one of the major factor which is supporting the market of wireless charging. Semiconductor industry is very wide and consist thousands of products. Components which are essential for wireless charging receivers or transmitters are manufactured and developed by companies who are playing major role in the semiconductor industry. High development and high investment in R&D for the new product development is leading to the growth of both, wireless charging market as well as overall semiconductor industry.
Companies such as Qualcomm, Samsung, Texas Instruments who are driving the industry growth of semiconductor are working in advanced environment for the development of wireless charging solutions.
The global Wireless Charging Market is expected to reach USD 24.05 billion by the end of 2023 with 32.56% CAGR during forecast period 2017-2023.
Major Key Players:
• Samsung Electronics Co Ltd. (South Korea)
• Texas Instruments Inc. (U.S.)
• Integrated Device Technology, Inc. (U.S.)
• NXP Semiconductors (Netherlands)
• Powermat Technologies Ltd (Israel)
• WiTricity Corporation (U.S.)
• PowerbyProxi (New Zealand)
• Qualcomm Inc. (U.S.)
• TDK Corporation (Japan)
• Convenient Power HK Limited (China)
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Market Research Future Analysis
Warless Charging market is still in the growth phase and new applications are coming in the picture every day. For the purpose of this report, Market Research Future has bifurcated the application segment into consumer electronics, Industrial, Infrastructure, Automotive among others. Consumer electronics segment accounts for the largest market share in the year 2016 whereas Automotive segment has emerged as fastest growing market which is estimated to grow with 36.44% of compound annual growth rate from the year 2017 to 2023.
Regional Analysis:
Regional analysis of Wireless Charging market consists four major regions where the study of key countries has been done. Wireless charging market holds immense opportunities in the Asia pacific region which is dominating the market.
factors such as high demand for the consumer electronic products in Asia pacific, high technological advancement in North America and rich presence of automotive industry in the Europe is supporting the market of Wireless charging market.
Intended Audience
• Smartphone Manufactures
• Battery Manufacturers
• Technology Providers
• Wireless Charger Manufactures
• Chip Manufacturers
• Wireless Charger Suppliers
• Distributors
• Research firms
• Consultancy firms
• Semiconductor Manufacturers
• Stakeholders
• End-user sectors
• Technology Investors
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Table of Contents
1 Executive Summary
2 Market Dynamics
2.1 Market Drivers
2.1.1 High demand for Smartphones
2.1.2 Growing Market of Electric Vehicles
2.1.3 Growth in Semiconductor Industry
2.1.4 Growing IOT Market
2.2 Market Inhibitors
2.2.1 Compatibilities Issues
2.2.2 Cost
2.3 Supply Chain Analysis
2.4 Porter’s Five Forces Analysis
Continued…
List of Tables
Table 1 Device with Built-In Wireless Charging
Table 2 Market Factor Analysis
Table 3 Global Wireless Charging Market, By Technology (Usd Million) (2016-2023)
Continued…
List of Figures
Figure 1 Global Wireless Charging Market: Drivers & Restraint
Figure 2 Global Smartphone Shipments 2015-2025 (In Million Units)
Figure 3 World Electrical Vehicles Production (2015)
Continued…
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