DUBLIN--(BUSINESS WIRE)--Jun 10, 2021--
The global wireless charger market is anticipated to grow at a significant CAGR of 19.8% during the forecast period (2021-2027).
- Aira, Inc.
- Chargifi, Ltd.
- ConvenientPower HK, Ltd.
- Energous Corp.
- Green Power Electronics Co., Ltd.
- Humavox, Ltd.
- iOttie, Inc.
- MAPTech - Mobile Air Power Technologies
- Mojo Mobility, Inc.
- Murata Manufacturing Co., Ltd.
- Neficon Finland, Ltd.
- Nissan Motor Corp.
- NXP Semiconductors N.V.
- Ossia, Inc.
- Powercast Corp.
- Qualcomm Technologies, Inc.
- Renesas Electronics Corp.
- Samsung Electronics Co., Ltd.
- Shenzhen Esorun Technology Co., Ltd.
- Shenzhen Opso Technology Co., Ltd.
- Sony Corp.
- Texas Instruments, Inc.
- Wiferion GmbH
- Witricity Corp.
Wireless chargers are increasingly gaining popularity in the market over the last few years. Wireless chargers are the devices that use an electromagnetic field to transfer the power using transmitter and receiver used to charge any devices such as a smartphone, wearable devices, power tools, computing devices, robots, and vehicles. The market is dominated by inductive and resonant wireless chargers. Moreover, the adoption of wireless charging technology in an autonomous vehicle and the investment by private firms are accountable for the significant growth of the global wireless charger market.
The continuous research and development for wireless technology and technological advancement can create an opportunity for the wireless charger market in near future. For instance, Energous Corp. is preparing a distance wireless charging system which can charge devices from a distance of up to one meter. Additionally, the government initiative for digitalization in emerging countries and the deployment of IoT and wearable devices will drive the market of wireless charging technology in near future. For instance, the Indian government had increased the fund of the Digital India Program by 23% in 2020 which is around $534 million.
Impact of COVID-19 Pandemic on Global Wireless Charger Market
The global wireless charging market had recorded a positive impact by the outbreak of COVID-19 since December 2019. It has a sudden and dramatic impact on healthcare as well as on smartphones and computing devices. The organizations including educational institutes, governmental and industrial organizations have changed their work culture by implementing work-from-home due to strict restrictions of social distancing implemented by various governments across the globe in this COVID-19 pandemic. This had boosted the demand for electronic devices to complete their work and meetings online and for uninterrupted excess of these devices; demand for wireless charging had also grown.
According to the Economic Times, the global sales of laptops in 2020 were 173 million units which value $132 billion and up by 9% from 2019. This had subsequently boosted the demand for wireless chargers. However, the demand for wireless chargers from the automobile industry is reduced significantly due to the reduced sales of automotive vehicles in COVID-19 lockdowns. The demand for wireless chargers had increased from the healthcare industry due to increased sales of medical equipment in the global health emergency of COVID-19.
The global wireless charger market is segmented based on technology, mobility, and industry. Based on the technology, the market is segmented into inductive coupling wireless chargers, magnetic resonance wireless chargers, and radiofrequency radiation wireless chargers. Based on mobility, the market is segmented into static and mobile wireless chargers. Apart from this, based on the industry, the market is segmented into smartphones, automobiles, healthcare, and others.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global wireless charger market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying 'who-stands-where' in the market.
Key Topics Covered:
1. Report Summary
2. Market Overview and Insights
3. Competitive Landscape
3.1. Key Company Analysis
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Determinants
5. Market Segmentation
5.1. Global Wireless Charger Market by Technology
5.1.1. Inductive Coupling Wireless Charger
5.1.2. Magnetic Resonance Wireless Charger
5.1.3. Radio Frequency Radiation Wireless Charger
5.2. Global Wireless Charger Market by Mobility
5.2.1. Static Wireless Charger
5.2.2. Mobile Wireless Charger
5.3. Global Wireless Charger Market by Industry
5.3.1. Smartphone Industry
5.3.2. Automobile Industry
5.3.3. Healthcare Industry
6. Regional Analysis
7. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/euc1n6
View source version on businesswire.com:https://www.businesswire.com/news/home/20210610005841/en/
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INDUSTRY KEYWORD: MOBILE/WIRELESS TECHNOLOGY CONSUMER ELECTRONICS
SOURCE: Research and Markets
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PUB: 06/10/2021 01:10 PM/DISC: 06/10/2021 01:11 PM