Global Wireless Charging Market and Forecast 2020-2026

                                          
Wireless Charging is the transmission of electrical power from a power source to a receiving device without any physical connections. It delivers a number of benefits to users like preventing electric shocks due to the power cord connection’s contacts, and increase the convenience and ubiquity for the charging of everyday devices. In general, there are three types of wireless charging technologies currently existing; radio frequency-based wireless charging, electromagnetic induction and resonant wireless charging.

The global wireless charging market size was valued at USD 3.96 billion in 2016. Growth prospects for the market seem very bullish at the moment on account of growing adoption of this technology in consumer electronics devices such as smartphones and tablets. Other sectors, such as automotive, industrial, healthcare, and defense are also expected to spur industry growth as end-users have exhibited a tendency towards minimizing the hassles of wires for powering various devices. This is relatively a new industry and currently is in its growth phase. Heavy investments are being made by key industry participants on R&D activities to enhance existing features and functionalities. A major focus is on improving the power transmission range that can facilitate charging of devices wirelessly over long distances.

Market Analysis and Insights: Global Wireless Charging Market


The research report studies the Wireless Charging market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Wireless Charging market size is projected to reach US$ 55070 million by 2026, from US$ 16060 million in 2020, at a CAGR of 22.8% during 2021-2026.

Global Wireless Charging Scope and Segment

The global Wireless Charging market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Wireless Charging market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.

by Type, the market is primarily split into

 	
Wireless Charging Receiver
 	
Wireless Charging Transmitter

by Application, this report covers the following segments

 	
Consumer Electronics
 	
Vehicles & Transport
 	
Medical Devices & Equipment
 	
Others

The report lists the major players in 

the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.

The Wireless Charging key players in this market include:

 	
Samsung
 	
WiTricity
 	
Qualcomm
 	
PowerbyProxi
 	
IDT
 	
Semtech
 	
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