Wireless Charging Market Size, Trends, Industry Share, and Growth Analysis Report by 2027 | Samsung Electronics Co. Ltd., Texas Instruments, Qualcomm Incorporated, Fulton Innovation LLC, Sony Corp.

Wireless Charging Ma

iCrowdNewswire   Jan 14, 2021  11:35 AM ET

Wireless charging is defined as the transmission of energy from a power source to a power consuming device without cables or wires. These devices comprise a charging station which transmits the energy and a receiver that receives the energy and charges the battery.

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Market Drivers
The rise in the demand for hassle-free charging pads expected to boost the global wireless charging market growth during this forecast period. Furthermore, the increase in adoption of this technology in various sectors such as healthcare and military services will positively influence the market growth. A huge demand expected for wireless charging enabled smartphones will support the market growth in near future. Moreover, the increase in efficiency of wireless charging devices will drive the global wireless charging market growth. Moreover, growing consumer inclination towards wireless connectivity is expected to offer new horizons for the market growth and provide new opportunities to expand.

Market Restraints
Lack of standards restricts the growth of global wireless charging market Also, interference with other electronic devices may create a hurdle for the global wireless charging market growth over the forecast period.

Market Key Players
Various key players are discussed in this report such as Samsung Electronics Co. Ltd., Texas Instruments, Qualcomm Incorporated, Fulton Innovation LLC, Sony Corporation, Murata Manufacturing Co. Ltd., Energizer Holdings Inc., WiTricity Corporation, Powermat Technologies Ltd., Integrated Device Technology Inc. etc.

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Market Taxonomy
By Technology
• Inductive
• Resonant
• RF
• Others
By Application
• Consumer Electronics
• Industrial
• Healthcare
• Automotive
• Defense
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

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