New York, According to a new market research report published by Global Insight Services “Global Wireless Charging Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Wireless Charging is a technology that allows devices to be charged without the need for a physical connection. The technology uses electromagnetic fields to transfer energy between two devices, typically a charger and a mobile phone. Wireless Charging is not a new technology, but it is only recently that it has become commercially available.
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Key Trends
One of the key trends in global wireless charging technology is the development of new standards. Th45te Wireless Power Consortium (WPC) and the AirFuel Alliance are the two main standard-setting bodies for wireless charging, and they are working on developing new standards that will enable faster-charging speeds and higher levels of efficiency. In addition, there is a trend toward the development of multi-device chargers that can charge multiple devices at the same time. These chargers are becoming increasingly popular as they offer a convenient way to charge multiple devices, such as a smartphone, tablets, and laptops.
The increasing adoption of wireless charging technology is leading to the development of new business models. For example, some coffee shops and restaurants are offering wireless charging spots for customers to charge their devices. This is a convenient way for customers to keep their devices charged while they are on the go, and it also provides a new revenue stream for businesses.
The global wireless charging market is expected to grow rapidly in the coming years. This rapid growth is being driven by the increasing adoption of wireless charging technology by major consumer electronics manufacturers and the development of new business models.
Key Drivers
The key drivers of the global wireless charging market are the increasing adoption of smartphones and other consumer electronics, the need for a convenient and hassle-free charging solution, and the increasing number of public places with wireless charging facilities.
The increasing adoption of smartphones and other consumer electronics is the primary driver of the global wireless charging market. The need for a convenient and hassle-free charging solution is the second key driver of the market. The increasing number of public places with wireless charging facilities, such as airports, coffee shops, and restaurants, is the third key driver of the market.
Market Segments
The global wireless charging market report is bifurcated on the basis of technology, industry vertical, and region. On the basis of technology, it is segmented into inductive, radio frequency, resonant, and others. Based on industry vertical, it is analyzed across electronics, industrial, automotive, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Player
The global wireless charging market report includes players such as Convenient Power HK Ltd., WiTricity Corporation, Murata Manufacturing Co. Ltd., Texas Instruments, Inc., Energizer Holdings, Inc., Ossia Inc., Samsung Group, WiTricity Corporation, Evatran Group, and Zens.
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Reasons to buy Global Wireless Charging Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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