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The wireless charging market is anticipated to reach around USD 95.6 billion by 2026. The wireless charging market has substantial potential for present and future applications, owing to the rise in mobile phone usage across the world, especially emerging regions such as India, China and South-East Asia. The key players operating in the market include Mojo Mobility, Powercast Corp., Texas Instruments.<br><br>https://www.aarkstore.com/electronics/1094685/wireless-charging-market-size-and-forecast-2018-2026
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Wireless Charging Market Size, Trends, Analysis and Industry Forecast 2026
Summary The wireless charging market is anticipated to reach around USD 95.6 billion by 2026 according to a new research. In 2017, the consumer electronics segment dominated the global market in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global wireless charging market revenue during the forecast period. The wireless charging market has substantial potential for the present and future applications, owing to the rise in the mobile phone usage across the world, especially emerging regions such as India, China and South-East Asia. The wireless charging market is expected to grow significantly during the forecast period owing to increasing popularity of electric vehicles. Wireless charging has multiple applications in the EV technology including fuel supply, and in-car electronics.
Report Highlights Growing demand from emerging economies, increasing adoption of IoT and smart devices are expected to provide numerous growth opportunities in the coming years. Asia-Pacific generated the highest revenue in the market in 2017, and is expected to lead the global wireless charging market throughout the forecast period. The economic growth in countries such as China and India, leading to rising living standards and high disposable income has increased the penetration of smart phones and other mobile devices in the region, thereby increasing the demand for wireless charging.
Key players: Integrated Device Technology, Mojo Mobility, Powercast Corp., Texas Instruments, Energizer Holdings, Leggett & Platt, Incorporated, Qualcomm Incorporated, Powermat Technologies Ltd., ConvenientPower, and Murata Manufacturing Co. Ltd.
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