The Wireless Charging market drivers and restraints Market report covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
The global wireless charging market size was USD 3.52 Billion in 2020 and is expected to register a CAGR of 23.8% during the forecast period. Growing demand for wireless charging solutions owing to convenience and safety, especially in the healthcare sector, is a key factor expected to drive growth of the global wireless charging market over the forecast period. Wireless charging is rapidly gaining traction in the healthcare industry and is being deployed to increase efficiency and performance of medical devices, instruments, and appliances. Deployment is also being driven by reduced stability issues in ventilators as well as to enable better mobility and use due to non-availability of wires and cables for charging. Many types of medical equipment and devices are battery-powered and may not ideally function throughout an operation or surgical procedure – depending on duration of procedures – and have been known to run out of power.
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The major companies Covered in the report are:
Texas Instruments Inc., Samsung Electronics Co., Ltd., Qualcomm Incorporated, WiTricity Corporation, NXP Semiconductors N.V, Powermat Technologies Ltd, TDK Corporation, Energous Corporation, Ossia Inc., and ZenS B.V.
Highlights of Global Wireless Charging Market Report
- Examines the Wireless Charging industry prospects and quickly compares historical, current, and projected market figures.
- This report examines growth constraints, market drivers and challenges, and current and prospective development prospects.
- Key market participants are evaluated based on various factors, including revenue share, price, regional growth, and product portfolio, to demonstrate how market shares have changed in the past and are expected to change in the future.
- Describes the expansion of the global high purity isobutylene market across various industries and geographies. This allows players to concentrate their efforts on regional markets with the potential for rapid growth shortly.
- Discuss the global, regional, and national ramifications of COVID-19.
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Segments Covered in this report are:
- Technology Outlook (Revenue, USD Billion; 2021–2028)
- Radio Frequency
- End-use Outlook (Revenue, USD Billion; 2021–2028)
- Consumer Electronics
- Regional Outlook (Revenue, USD Billion; 2021–2028)
- North America
- Rest of Europe
- South Korea
- Rest of APAC
- Rest of LATAM
- Saudi Arabia
- Rest of MEA
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The report also provides an extensive analysis of the key market elements, such as drivers, constraints, opportunities, limitations, threats, and micro and macro-economic factors. The exhaustive SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis included in the report are intended to help the reader tactfully formulate business growth strategies. Strategic recommendations for the established market players assist them in fortifying their financial positions in the market.
The global Wireless Charging market has been categorized into several important geographical regions. In this section, authors of the report have studied the presence of the global Wireless Charging market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
- North America
- Asia Pacific
- Latin America
- Middle East Africa
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