RB

Wireless Charging industry analysis research and trends report for 2017-2024

News   •   Jan 29, 2018 05:37 EST

The technology research report Wireless Charging Market Size By Application (Automotive, Consumer, Industrial, Healthcare, Aerospace & Defense), By Technology (Inductive, RF, Resonant), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Russia, China, India, Japan, South Korea, Australia, Brazil, Mexico), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024”, by Global Market Insights, Inc. says Wireless Charging Market size is set to exceed USD 14 billion by 2024, driven by growing smartphone demand.

The far-flung expanse of wireless charging market is rather overt from its application extensity, inclusive of some of the most lucrative business spheres, along the likes of the consumer goods, industrial, aerospace & defense, automotive, and healthcare sectors. Despite the fact that much of the popularity wireless charging industry has accrued so far is due to the product’s deployment in consumer goods, the technology has been amassing quite a fortune from other end-use domains as well, the automotive sector being one of most essential ones. BMW, for instance, has been crawling its way into wireless charging market, evidence of the fact being, BMW’s recent partnership with Qualcomm.

Request for a sample of this research report @ https://www.fractovia.org/request-sample/205

The German automotive giant has signed an agreement with Qualcomm for manufacturing charging pads for its BMW i3 and i8 safety cars deployed for the Formula E racing series. Using inductive charging, the pad would tap into BMW Wireless Charging tech for delivering electricity to BMW’s plug-in hybrid vehicles, without the necessity for a charging socket. In effect, the company plans to introduce its wireless charging pad into the mainstream arena by 2018, which would have a profound impact on the overall wireless charging market share. As per estimates, in fact, wireless charging market size was pegged at USD 3 billion in 2016, subject to rising demand for mobile power recharging options and the growing prevalence of tablets and smartphones.

The voracious inclination toward consumer electronics such as smartphones is the driving force for wireless charging industry. Most tech moguls have been striving to implement wireless charging in their devices with an aim to increase the product’s brand value and presence in the core business. One of the most popular and acclaimed instance testifying the validity of the aforementioned statement is Apple’s recent launch of the iPhone 8 series. The fact that the iPhone 8 would be endowed with wireless charging has been on the news bulletin for a considerably long while, much prior to the product launch. And yet, its introduction in the mainstream arena has created quite a stir in the tech cosmos. The company has apparently chosen 7.5 W of power transfer for iPhone 8 and the much-awaited iPhone X.

While wireless charging market had been introduced in the international circuit for more than two decades back, its commercialization scope has surpassed escalated levels merely a few years back. This business space has been ablaze with numerous innovations on an annual basis, though 2017, has indeed been a spectacular year for wireless charging industry. Some of the marked developments that defined the growth spectrum of wireless charging market in 2017 have been meticulously outlined underneath:

Wireless charging market players Growth strategy adopted Impact on wireless charging market
Integrated Device Technology IDT announced the shipment of 30 million Qi wireless power transmitters that utilize the firm’s power management technology. IDT’s shipment validates the declaration that wireless charging industry has indeed gone mainstream, and is likely to accrue remarkable sales with time.
Powercast Corporation Powercast announced the launch of the P1110-EVAL-01 development kit enabling easy design of smart devices using the firm’s wireless power technology. Powercast’s the P1110-EVAL-01 may have a profound impact on the product landscape of wireless charging market, enabling other companies to push themselves further on.
The Massachusetts Institute of Technology MIT has unveiled its 2nd wireless recharging spin-off, called Pi Inc., that would soon be launching the beam-forming magnetic induction wireless recharging station, designed to charge multiple devices within a range of a foot from the charger. MIT’s spun-off start-up is likely to emerge as one of the most potentially competitive entrants in wireless charging industry, which would pressurize other tech giants to bring about further innovations in their products.
Ventev Mobile Ventev recently displayed its new jet black chargesync alloy cable, wireless charging car kit, wireless chargestand, and a range of Power Delivery and Qualcomm® Quick Charge™ 3.0 accessories at the Pepcom Holiday Spectacular East. Ventev’s portrayal of its unique product portfolio would have a marginal but powerful impact on wireless charging market players, leading to the conceptualization of technological advancements in wireless charging.

Make an inquiry for buying this report @ https://www.fractovia.org/request-purchase/205

The proliferation of advanced technology and the substantial rise in the tech-savvy populace are deemed to act as major drivers for wireless charging market. Major tech giants along the likes of WiTricity Corporation, Energizer Holdings, Inc., Powercast Corporation, Integrated Device Technology, Inc., Convenient Power Ltd., Murata Manufacturing Co. Ltd., Texas Instruments, Inc., Mojo Mobility, Inc., Qualcomm Inc., PowerbyProxi Ltd., Leggett & Platt Inc., and Powermat Technologies partaking in wireless charging industry share have been pushing themselves to brainstorm and develop contemporary technologies that could make wireless charging even more convenient to access. Given that consumers have been demanding a hassle-free charging experience, companies have been prioritizing the manufacture of non-removable batteries and limited battery space in products. This dynamic transformation of tactic adoption would ultimately augment the demand for this service, inherently propelling wireless charging market size. The humongous appetite for this business space is quite evident from the estimates – wireless charging industry size is forecast to be pegged at a valuation nearly five times its revenue collection in 2016, as per a report compiled by Global Market Insights, Inc.

Report Content

Chapter 1. Methodology & Scope

1.1. Methodology

1.1.1. Initial data exploration

1.1.2. Statistical model and forecast

1.1.3. Industry insights and validation

1.1.4. Scope, definition and research parameters

1.2. Data Sources

1.2.1. Primary

1.2.2. Secondary

Chapter 2. Executive Summary

2.1. Wireless charging industry 360º synopsis, 2013 - 2024

2.1.1. Business trends

2.1.2. Regional trends

2.1.3. Technology trends

2.1.4. Application trends

Chapter 3. Wireless Charging Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 - 2024

3.3. Industry ecosystem analysis

3.3.1. Supply chain analysis

3.4. Technology landscape

3.4.1. Wireless charging standards

3.4.1.1. Qi

3.4.1.2. Power Matters Alliance (PMA)

3.5. Regulatory landscape

3.5.1. FCC Part 15

3.5.2. FCC Part 18

3.6. Industry impact forces

3.6.1. Growth drivers

3.6.1.1. Growing smartphone demand in India and South-East Asia

3.6.1.2. High degree of convenience across Europe

3.6.1.3. Technological innovation in the U.S.

3.6.1.4. Rising need for wireless charging for electric vehicles (EV) in Europe and North America

3.6.1.5. Rising penetration in industrial and commercial environments in Asia Pacific

3.6.2. Industry pitfalls & challenges

3.6.2.1. Need for standardization

3.6.2.2. Mobility issues and longer charging times

3.7. Growth potential analysis

3.8. Porter's analysis

3.9. Competitive landscape, 2016

3.9.1. Strategy dashboard

3.9.2. PESTEL analysis

Browse key industry insights spread across 140 pages with 62 market data tables & 75 figures & charts from this report Wireless Charging Market in detail along with the table of contents at:

https://www.fractovia.org/news/industry-research-report/microgrid-market

This latest Microgrid Market research report offers in-depth analysis, key industry insights, market sizing & forecast on a granular level for key products, applications across number of regional markets. The report also analyzes the Microgrid industry from business strategy perspective, describing in detail growth drivers, pitfalls &challenges for participants, accompanied by a detailed competitive benchmarking including company market share analysis and detailed business profiles.

Reasons to Buy This Report

  • Global Microgrid Market size & forecast by product & application.
  • Growth drivers, pitfalls & industry challenges.
  • Key Microgrid Market growth opportunities & emerging business models.
  • Competitive benchmarking with market share analysis and company profiles.

About Fractovia.org

Fractovia.org is one of India's leading in-house and free news portal. It is fully automated, and operates on a constant premise, interfacing with news sites and offering redesigned breaking features to readers across the globe. Our mission is to offer individuals opportunities for connections with news writers and distributors which they can pursue. We operate by mapping articles pertaining to breaking news, constantly and progressively, against a pre-determined word-based theme, offering important connections to readers and clients, as well as distributers.

Contact Us:

Arun Hegde

Corporate Sales, USA

Fractovia.org

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: sales@fractovia.org

Website: https://www.fractovia.org