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Numerous EV manufacturing companies such as Mercedes, BMW, and Nissan are collaborating with semiconductor companies to develop wireless charging system for their products.
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Wireless Charging Market Wireless Charging Market Next Generation Biometric Market Opportunities and Forecast Period : 2016-2022 Opportunities and Forecasts, 2014 – 2021 Opportunities and Forecasts, 2016 – 2022 Published Date :- 12-Dec-2016 Number Of Pages :- 10
Wireless Charging Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $37.2 billion by 2022, registering a CAGR of 44.7% during the period 2016-2022. • Wireless charging is a reliable, convenient, and safe technology to power and charge electrical devices. Rise in sales of electric vehicles (EVs), advancement in portable electronics & wearables market, and necessity to harvest radio frequency (RF) energy are the factors that drive the growth of the market. However, technology being expensive to integrate and comparatively slower charging restrain the market growth. • Inductive charging technology is an innovative and most preferred EV and electronic device charging technique as compared to other wireless charging technologies. Inductive wireless charging is anticipated to drive the market significantly by 2022, maintaining its dominance in the market. On the other hand, other technologies such as radio frequency (RF), microwave, and laser are expected to exhibit a faster growth, owing to its accurate sensing of the object feature. • Wireless charging technology has its penetration in wide range of industries such as electronics, automotive, industrial, healthcare, and aerospace & defense. In 2015, wireless automotive industry segment held 36.2% market share in the overall wireless market size. WIRELESS CHARGING MARKET - INTRODUCTION
WIRELESS CHARGING MARKET - KEY FINDINGS • In the year 2015, inductive wireless charging accounted for the highest share of 57.3% in the overall market • Upcoming wireless charging technologies such as radio frequency (RF), microwave, and laser are expected to exhibit a faster growth • Automotive industry contributed over 36.2% of the overall market in 2015, and is expected to grow with a CAGR of 45.2% during the forecast period • LAMEA is expected to be the fastest growing wireless charging market, and is expected to grow at a CAGR of 48.2% during the forecast period
TABLE OF CONTENTS • INTRODUCTION • EXECUTIVE SUMMARY • MARKET OVERVIEW • WIRELESS CHARGING MARKET BY TECHNOLOGY • WIRELESS CHARGING MARKET BY INDUSTRY VERTICLE • WIRELESS CHARGING MARKET BY GEOGRAPHY • COMPANY PROFILES
WIRELESS CHARGING MARKET - BY GEOGRAPHY North America, Europe, Asia Pacific, LAMEA
COMPANYPROFILES Qualcomm Technologies Sony Corporation Texas Instruments Samsung Electronics Co. Integrated Device Technology 6) Powermat Technologies Ltd. 7) WiTricity Corporation 8) Energizer Holdings, Inc. 9) Murata Manufacturing Co. Ltd. 10) Panasonic Corporation ,etc.
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