Wireless Charging Equipment Market- Size, Share and Market Forecasts 2020


Posted February 1, 2016 by ElectronicsIARC

Wireless Charging Equipment Market Growing by Demand from Power Users of Mobile Devices and Increasing Penetration into APAC region to achieve $15 Billion sales revenue by 2020

 
[b]Wireless Charging[/b], or wireless power transfer (WPT) is a method of transmitting power based on electromagnetic induction or resonance technique into various electronic devices such as smartphones, wearable devices, laptops, wireless headphones and many others.

[b]Wireless Charging Equipment Market[/b] is nothing but a revolutionary turning point for the [b]Charging Devices Market[/b]. It has clearly gained much prominence in the past few years and is expected to grow further much more owing to the demand for higher convenient portable devices; be it mobiles or laptops or charging devices.

According to IndustryARC studies, the Global [b]Wireless Charging Equipment Market[/b] is forecast to reach [b]$15.2 Billion by 2020[/b] with a CAGR of 48.68% during the forecast period 2015-2020. Experts also suggest that currently, Magnetic Inductance Charging occupies more than 95% share of the total market.

[i]Browse 80 Market Tables, 25 Figures spread through 230 Pages and an in-depth TOC on “[b]Wireless Charging Equipment Market[/b]” at: http://industryarc.com/Report/7384/wireless-charging-market-report.html[/i]

[b]Wireless Charging Equipment Market Driving Factors[/b]:

[b]Wireless Charging Equipment Market[/b] is majorly driven by increasing sales of smartphones across the geographic regions. Since the consumer electronics market is the major end user industry of [b]wireless charging equipment[/b], the occurrence in the market would directly impact the wireless charging market as well. As of 2014, nearly 117 million [b]wireless charging enabled smartphones[/b] were shipped and this number is likely to grow exponentially till 2020.

[b]Wireless Charging Equipment Market Applications[/b]:

[b]Wireless Charging Equipment Market[/b] finds its application in various fields such as consumer electronics, industrial and automotive. Electric vehicles (EV’s) segment is one of the key end user industries of wireless charging market. People who own EV’s are using wireless charging to recharge the car batteries. As concerns over environment are increasing significantly

[b]Market Segmentation[/b]:

[b]Wireless Charging Equipment Market[/b] is well gone through and concluded to be divided into 5 broad types based on the given factors below:
• By Standards: Wireless Power Consortium (WPC), Power Matters Alliance (PMA) + Alliance for Wireless Power (A4WP) and Open Dots Alliance.
• By Technology: Magnetic Inductance, Magnetic Resonance, Radio Wave Charging, Microwave Charging and Laser Beam Charging.
• By Range: Short Range (
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Issued By IndustryARC
Website IndustryARC
Country United States
Categories Automotive , Electronics , Semiconductors
Tags wireless charging equipment comapnies , wireless charging equipment market , wireless charging equipment market analysis , wireless charging equipment market forecast , wireless charging equipment market report , wireless charging equipment market share , wireless charging equipment market size , wireless charging equipment technology market
Last Updated February 1, 2016