Global Wireless Charging Market 2017-2025: Major Players are Qualcomm, PowerbyProxi, WiTricity Corporation, and Integrated Device Technology

Dublin, March 29, 2018 -- The "Global Wireless Charging Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025" report has been added to ResearchAndMarkets.com's offering.

The global wireless charging market is expected to witness a strong growth during the forecast period 2017 - 2025.

As the name suggests, the wireless charging technology is used to charge batteries of electrical devices without using a cable or wire. Wireless charging is one of the emerging technologies poised to revolutionize the electronics industry by meeting the prevailing need for efficient charging with safe and portable charging. Rising demand for portable devices is one of the key factors driving the global wireless charging market forward.

There is a huge demand for portable electronics with key concerns being the battery life of these devices. The wireless charging eliminates the need to carry multiple chargers, thereby driving adoption of wireless charging infrastructure for portable electronic devices. Youths are thriving towards new technologies and there has been a significant growth in the purchasing power, which are the major trends supporting the growth of wireless charging market.

However, there are many challenges that the wireless charging technology is currently facing. One of the major challenges is that the wireless charging technology is not compatible with many existing devices. Relatively slow charging speed than wired charging is another challenge inhibiting the market growth.

Currently, North America is the largest wireless charging market worldwide. The U.S. represents the largest market for portable electronics owing to greater technology penetration, acceptance, and presence of large number of established players (Microsoft, Dell, Apple and Google) that are focusing on developing state-of-the art portable electronics. Moreover, the region has established infrastructure for the emerging technologies in terms of charging and connectivity.

On the other hand, rising youth population and their evolving digital habits is expected to drive demand for mobile devices and consequent need for wireless charging in Asia Pacific during the forecast period. Countries like India and China have large base of youth population. This, coupled with rise in disposable income will further drive adoption of portable electronics and wireless chargers in the region

The industry has witnessed huge R&D spending in the last few years. Some of the major players investing in this technology include Sony Corporation, Qualcomm Technologies, and Texas Instruments. Smartphone manufacturers, laptop manufacturers, and wearable device manufacturers are offering wireless charging feature in high end models. Moreover, the wireless charging solution providers are collaborating with consumer electronics manufacturers to develop wireless charging enabled devices.

For example, Texas Instruments supplies wireless charging to Samsung Galaxy's S6 since 2015. Similarly, Renault has recently entered into a partnership with Qualcomm Technologies and Vedecom to explore wireless electric vehicle charging at a rate as high as 20 kilowatts (kW). Qualcomm signed a Wireless Electric Vehicle Charging (WEVC) agreement with Efacec in December 2015 with an aim to improve sales of its wireless charging products for electronic vehicles.

The wireless charging market is moderately fragmented with the presence of dominant players along with domestic and local players in the market.

Some of the key players in the market include Qualcomm, PowerbyProxi, WiTricity Corporation, and Integrated Device Technology (IDT).

Key Topics Covered:

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology

2. Executive Summary
2.1. Global Wireless Charging Market Snapshot

3. Global Wireless Charging Market Analysis
3.1. Global Wireless Charging Market Overview
3.2. Market Inclination Insights
3.2.1. Recent Trends
3.2.2. Future Outlook
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Challenges
3.4. See-Saw Analysis
3.5. Attractive Investment Proposition
3.6. Market Positioning of Key Industry Participants
3.6.1. Major Strategies Adopted
3.6.2. Analyst Recommendations

4. Global Wireless Charging Market Revenue, By End-use Application, 2015 - 2025 (US$ Mn)
4.1. Market Analysis
4.2. Consumer Electronics
4.3. Healthcare
4.4. Automotive
4.5. Industrial
4.6. Others (Defense, etc.)

5. Global Wireless Charging Market Revenue, By Technology, 2015 - 2025 (US$ Mn)
5.1. Market Analysis
5.2. Inductive
5.3. Resonant
5.4. RF
5.5. Others

6. North America Wireless Charging Market Analysis, 2015 - 2025 (US$ Mn)

7. Europe Wireless Charging Market Analysis, 2015 - 2025 (US$ Mn)

8. Asia Pacific Wireless Charging Market Analysis, 2015 - 2025 (US$ Mn)

9. Rest of World Wireless Charging Market Analysis, 2015 - 2025 (US$ Mn)

10. Company Profiles
10.1. Qualcomm Incorporated
10.2. Texas Instruments Incorporated
10.3. WiTricity Corporation
10.4. Integrated Device Technology, Inc.
10.5. Convenient Power HK Ltd.
10.6. Murata Manufacturing Co. Ltd.
10.7. Duracell Powermat
10.8. Oregon Scientific
10.9. Energizer Holdings, Inc.

For more information about this report visit https://www.researchandmarkets.com/research/2cv4ks/global_wireless?w=12

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