Wireless Charging Market is worth US$ 2.84 billion in 2016 and is expected to reach US$ 25.33 billion by 2022, at a CAGR of 44.0% from 2016 to 2022.
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.
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.
KEY BENEFITS OF THE REPORT
KEY PREMIUM INDUSTRY INSIGHTS
The research methodology for Scalar Market Research’s wireless charging market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.
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This report analyzes the wireless charging market by the following segments:
KEY MARKET PLAYERS
Key players in the wireless charging market include:
GEOGRAPHIC COVERAGE AND ANALYSIS
This granular market research report covers the following geographic regions in great detail:
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