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Wireless Charging Market Analysis, Size,

Trends and Segmented Data by Top
Companies, Opportunities, Sales Channels,
Regions and Applications
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 Date: October 30, 2020

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 Author: Fred Williams Wireless Charging Market: Overview and Segmentation
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Wireless charging is recharging batteries of electrical devices with no physically connected

cables. Currently, charging of devices is an important aspect of business is response to power
intensive applications. Mobile manufacturers such as Samsung, Nokia, LG Electronics and
HTC are positioning phones with wireless charging to drive demand at the high end.

The global wireless charging market is segmented by application into consumer electronics,
industrial, medical, automotive and defense. Consumer electronics is expected to be the
largest application segment in the wireless charging market.

On the basis of geography the market is segmented as North America, Europe, Asia Paci c,
Middle-east and Africa and Latin America. High volumes of electronics devices such as
smartphones and laptops in Asia Paci c make it the most promising region for wireless
charging market. However, United States is the largest regional market for wireless charging.
Increase in adoption of wireless charging for industrial applications and growing awareness of
wireless power technology among consumers propels market growth in this region.

On the basis of technology wireless charging market is segmented as Inductive, RF and

Resonant. Inductive technology is mature and has high demand in wireless charging market
owing to its use in all the applications. On the other hand, RF and resonant technologies are
gaining traction in the wireless charging market. Companies such as Qualcomm and Samsung
support resonant technology which allows charging multiple devices simultaneously.

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Alliance for Wireless Power (A4WP), Wireless Power Consortium (WPC) and Power Matters
Alliance (PMA) are the three groups present in the wireless charging market. Wireless Power
Consortium (WPC) uses Qi standard commonly found in smartphones whereas Alliance for
Wireless Power (A4WP) uses resonance technology which is still in the early stages of
development. Interoperability between these groups is of prime importance for the wireless

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 charging market. Companies such as AT&T are seeking a commitment to one standard of
wireless charging from their handset vendors.

Wireless Charging Market: Trends and Drivers

The penetration of wireless charging is expected to increase in wearable devices over the
years. Wireless charging market is expected to experience a boom in electrical vehicles too.
In-car charging and wireless charging of electrical vehicles are the key trends in the
automotive industry. Rise in electrical vehicles manufacturing globally will help in the wireless
charging market growth. Signi cant investments in R&D are being made by the market
participants, wherein the leading players are focusing on improving the power transmission
range. This would facilitate charging of devices wirelessly over long distances, subsequently
expanding the application base. However, retaining the costs low is the key challenge for the
wireless charging devices market.

Wireless Charging Market: Competitive Scenario

Wireless charging market is highly fragmented with start-ups and large market participants.
Players are trying to distinguish themselves on the basis of quality and affordability. Few of
the key players in the wireless charging market include Qualcomm Inc., Fulton Innovation LLC,
Texas Instruments, Inc., WiTricity Corporation, Convenient Power HK Ltd., Integrated Device
Technology, Inc., Murata Manufacturing Co. Ltd., Duracell Powermat (Procter & Gamble Co.),
Energizer Holdings, Inc, Oregon Scienti c, Inc. and Anker among others.

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 The research report presents a comprehensive assessment of the market and contains
thoughtful insights, facts, historical data, and statistically supported and industry-validated
market data. It also contains projections using a suitable set of assumptions and
methodologies. The research report provides analysis and information according to
categories such as market segments, geographies, types and applications.

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The report covers exhaustive analysis on:

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Market Dynamics

Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies involved

Value Chain

Regional analysis includes:

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 North America

Latin America

Asia Paci c

Japan

Western Europe

Eastern Europe

Middle East & Africa

The report is a compilation of rst-hand information, qualitative and quantitative assessment

by industry analysts, inputs from industry experts, and industry participants across the value
chain. The report provides an in-depth analysis of parent market trends, macroeconomic
indicators and governing factors, along with market attractiveness within the segments. The
report also maps the qualitative impact of various market factors on market segments and
various geographies.

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