Global Wireless charging Market provides a brief and detailed knowledge about key players, market state and circumstances that are covered deeply in this report. The business chain supporting the Wireless charging market is analysed in detail covering accurate information about aspects such as the industrial chain, proficiency in utilization of the available capacity of manufacture, and industry strategies that affect the market.
Wireless charging Market
study offers an exhaustive summary of the vendor landscape, competitive
analysis, and key strategies to gain ruthless advantage. Wireless charging
Market Forecast provides sizing and growth opportunities. It provides
comprehensive insights on the latest industry trends, forecast, and growth
drivers in the market. it also includes a detailed analysis of growth drivers,
challenges, and investment opportunities and delivers a complete overview of
segments and the regional outlook of the market.
Get Free PDF Sample (Including Full TOC,
List of Tables & Figures) @ https://www.millioninsights.com/industry-reports/wireless-charging-market/request-sample
Industry Insights
The global wireless
charging market size was valued at USD 1.87 billion in 2014 and is expected to
reach USD 22.25 billion by 2022. Future growth opportunities seem to positive
on account of increasing adoption of consumer electronic devices such as laptops
and smartphones that employ the new technology of wireless charging. Rising
need for wireless and hassle-free methods to power different devices amongst
end users in industrial sectors including healthcare, automotive, defence and
industrial markets is expected to propel market growth in the next eight years.
This market is in the growing phase and is observed to experience a wide range
of innovations and provide several opportunities to new entrants.
In order to improve
existing operations and functionalities, heavy investments are made by major
market players on research and development. Key emphasis is laid on enhancing
and refining the power transmission range that can enable wireless charging of
devices for long distances.
Application Insights
Nearly 60% of the overall
revenue share was occupied by consumer electronics in 2014. This is expected to
continue in the coming years and become the most dominant segment until 2022.
Unavailability of electric sockets at public places and the need to eliminate
the trouble caused by wired chargers are expected to trigger growth in this
market over the forecast period and gain prominence.
Defence and healthcare are
anticipated to surface as one of the most promising application sectors over
the forecast period. Continuous efforts in research and development at Stanford
University has resulted in a new way to charge sensors wirelessly in addition
cybernetic implants, making way for new generation ultra-small gadgets that can
penetrate deep inside the body.
Standard Insights
Few Associations such as
WPC and PMA specialize in inductive technology, and A4WP’s Rezence is
specialized in resonant technology. However, in June 2015, PMA announced its
merger with A4WP and PMA and named it Air Fuel Alliance in November 2015.
Hence, WPC and its Qi platform was the sole effective platform for inductive
technology.
The merger proved to
simplify decision making for hardware developers relieving them from the task
of complying with three different standards. However, the combined body of A4WP
and PMA poses few technical challenges. Qi, similar to PMA, uses closely
connected inductive solution in addition to the newly added specification that
employs resonance technology and provisions backward compatibility for Qi
receiver devices such as laptops, smartphones and tablets.
Technology Insights
Latest technology including
resonant and radio frequency (RF) is anticipated to materialize into one of the
attractive technologies in the industry. Resonant technology is portable and
doesn’t require a direct contact thus providing convenience to customers. It
also assists in powering devices within small distances. Multiple-device
charging in a single go is also a feature of RF-based technology. Owing to its
ability to eliminate alignment in case of small devices such as medical
implants and wearables, RF-based technology is projected to achieve some
prominence over the forecast period. On account of its perceived advantages,
several organisations including Humavox have been heavily investing in this
technology.
Nearly 50% of the overall
share by revenue was contributed to by inductive technology which is relatively
older to others. Inductive technology is employed by leading standards and
technologies such as PMA and WPC which use Qi technology. Inductive has thereby
spurred market growth significantly in 2014. Additionally, Electric Vehicles
(EVs) also employ inductive technology for charging purposes.
Regional Insights
Hybrid electric vehicle
market is anticipated to be a promising segment for the wireless charging
market. Additionally, it is expected to gain prominence over the forecast
period in the consumer electronics industry owing to the growing demand for
laptops and smartphones. As of 2014, Asia Pacific contributed to approximately 35%
of the global revenue.
U.S emerged as the major
regional market in North America on account of consumers’ growing inclination
towards spending more for powering options, particularly for tablets, laptops
and smart devices. Untapped markets such as Africa and Latin America are anticipated
to experience a growing adoption of cordless charging over the forecast period
hence opening new avenues for wireless charging networks industry.
Competitive Market Share
Insights
Key market players in this
domain include Qualcomm, WiTricity Corporation, Integrated Device Technology
(IDT) and Power by Proxi. Latest developments by various companies include a
new launch by Qualcomm in November 2015 that showcases a wireless docking
station 802.11ad WiGig dock that is coupled with Snapdragon 820 processor. This
device has the potential to initiate power back up when docked on the station.
On the other hand,
introduction of new charging techniques that support multiple applications such
as automotive, medical, consumer electronics and automotive simultaneously was
developed by WiTricity. Further, in December 2015, Qualcomm entered into an
agreement with Efacec for Wireless Electric Vehicle Charging (WEVC). It plans
to provide powering alternatives for all-electric hybrid vehicles and plug-ins.
Table of Contents:-
Chapter
1 Methodology and Scope
Chapter
2 Executive Summary
Chapter
3 Wireless charging Market: Variables, Trends & Scope
Chapter
4 Wireless charging Market: Product Estimates & Trend Analysis
Chapter
5 Wireless charging Market: Application Estimates & Trend Analysis
Chapter
6 Wireless charging Market: End-use Estimates & Trend Analysis
Chapter
7 Wireless charging Market: Industrial End-use Estimates & Trend Analysis
Chapter
8 Wireless charging Market: Regional Estimates & Trend Analysis
Chapter
9 Competitive Landscape
Chapter
10 Wireless charging Market: Manufacturers Company Profiles
Know More Insights
@ https://newsonmarketblog.wordpress.com
No comments:
Post a Comment