Wireless Charging Market 2021-2026: Size, Share, Trends, Key Players and Forecast

Wireless Charging Market 2021-2026: Size, Share, Trends, Key Players and Forecast

According to the latest report by IMARC Group, titled “Wireless Charging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” The global wireless charging market size exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the global wireless charging market to reach Wireless charging is the process of charging battery-operated appliances without plugging them to a live pa value of US$ 25 Billion by 2026. ower source. It operates on the principle of electromagnetic induction, which constitutes a transmitter to conduct the energy and a receiver to charge the battery. Wireless charging is a convenient and reliable technology that eliminates the need for power connectors and cables, providing a portable and cost-effective alternative to traditionally wired charging systems. In recent years, the demand for wireless charging has increased due to a rise in the utilization of electronic devices such as smartphones, laptops, wearables and household electronics.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic.

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Global Wireless Charging Market Trends:

A major factor driving the growth of the global market is the convenience of charging electronic devices at any time. Wireless charging systems the ensure hassle-free portability of appliances and eliminate the need for bulky power and charging devices. Owing to these benefits, wireless charging devices have penetrated various industrial sectors such as consumer electronics, industrial equipment and automotive. The growth of these end-user industries is likely to drive the growth of the wireless charging market over the coming years. Moreover, technological advancements made by the manufacturers are expected to improve the power transmission range of the existing wireless charging devices by enabling them to charge over longer distances, thereby enhancing the utility for the customers. For instance, Powermat Technologies Ltd., a developer of wireless power solutions, has developed platforms for magnetic induction wireless charging, which can power more types of devices, ranging from smaller wearables to mobile phones, tablets and even laptops, due to their higher power capabilities.

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Key Market Segmentation:

Competitive Landscape With Key Players :

The competitive landscape of the industry has also been examined along with the profiles of the key players.

  • Convenient Power HK Limited
  • Energizer Holdings, Inc
  • Integrated Device Technology
  • Leggett & Platt Incorporated
  • Murata Manufacturing Co. Ltd
  • Powermat Technologies Ltd.
  • Qualcomm Incorporated
  • Texas Instruments Incorporated
  • Witricity Corporation
  • Samsung

Market Breakup by Technology:

  • Resonant Charging
  • Radio Frequency Based charging
  • Others

Market Breakup by Application:

  • Consumer Electronics
  • Industrial
  • Healthcare
  • Automotive
  • Defence
  •  

Market Breakup by Transmission Range:

  • Short Range
  • Medium Range
  • Long-Range Wireless Chargers

Market Breakup by Region-wise:

  • North America
  • Asia Pacific
  • Europe
  • The Middle East and Africa,
  • Latin America.

Key highlights of the Report:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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