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Dublin, February 9, 2021 (GLOBE NEWSWIRE) – The “Wireless Charging Market with COVID-19 Impact by implementation (transmitters, receivers), technology (magnetic resonance, inductive, radio frequency), application (consumer electronics, healthcare , automotive) and Region – The Global Forecast to 2026 report “has been added to ResearchAndMarkets.com from offer.
The global wireless charging market is expected to be valued at USD 4.5 billion in 2021 and reach USD 13.4 billion by 2026, with a CAGR of 24.6% between 2021 and 2026.
The growth of the wireless charging market is attributed to the increasing adoption of wireless technology in consumer electronics; increased sales of electric vehicles and the ability to charge multiple devices. However, compatibility issues are limiting the adoption of wireless charging in various industries.
The transmitter market is expected to grow at a higher CAGR during the forecast period.
Wireless transmitters are used as stand-alone wireless charging devices, while receivers are built into electronic devices. Companies manufacturing transmitters are investing heavily to innovate their wireless charger product lines. In addition, the NXP Semiconductor provides a 15W wireless charging integrated circuit that offers broad controller functionality to implement a wireless charging transmitter solution. Renesas provides wireless power transmitter integrated circuits for various wireless power applications such as portable electronic charging systems, charging mats and pads, personal computer docking stations, office furniture and public facilities. These factors are due to the higher growth of the transmitter market during the forecast period.
The automotive industry market will grow at the highest CAGR during the forecast period.
Automakers are also investing heavily in the development of electric vehicles, leading to increased sales of these vehicles. Charging is the main concern in the case of electric vehicles. Although the wired charging method is generally used to charge such vehicles, it has drawbacks such as safety concerns in a wet environment as well as messy cables. The growing number of electric vehicles around the world is expected to drive the automotive segment of the wireless charging market by 2026.
APAC is expected to grow at a higher CAGR during the forecast period.
APAC is expected to be the fastest growing market for the wireless charging market due to the presence of developing countries such as India and China. The region is a major center for manufacturing raw materials for consumer electronics, automotive and healthcare applications. Moreover, China is considered to be one of the largest manufacturing countries in the world, thus dragging the manufacturing sector into the APAC region. The China Electricity Council announced new national standards for wireless charging of electric vehicles, which incorporate WiTricity’s patented technology. All of these factors are expected to increase the adoption of wireless charging in the country.
Main topics covered:
1. Introduction
2 Research methodology
3 Executive summary
3.1 Impact of COVID-19 on the wireless charging market
3.2 Pre-COVID-19
3.3 Post-COVID-19
4 premium information
4.1 Attractive Opportunities in the Global Wireless Charging Market
4.2 Wireless Charging Market, by Implementation
4.3 Wireless Charging Market, by Technology
4.4 Wireless Charging Market, By Application
4.5 Geographic Analysis of Wireless Charging Market
5 Market overview
5.1 Presentation
5.2 Market dynamics
5.2.1 Drivers
5.2.1.1 Growing adoption of wireless technology in consumer electronics devices
5.2.1.2 Increase in sales of electric vehicles
5.2.1.3 Simultaneous charging of several devices
5.2.2 Constraints
5.2.2.1 Compatibility issues limit adoption of wireless charging devices
5.2.2.2 Decreased demand for wireless chargers due to COVID-19
5.2.3 Opportunities
5.2.3.1 Using wireless technology to charge warehouse trucks
5.2.3.2 Increasing the efficiency of wireless chargers
5.2.4 Challenges
5.2.4.1 Expensive infrastructure required for dynamic charging
5.2.4.2 Customer preference for traditional charging technology
5.3 Analysis of the value chain
5.4 Ecosystem
5.5 Porter’s Five Forces Analysis
5.6 Case study
5.6.1 Chargifi Ltd. provides wireless charging for Ennismore Workspace
5.6.2 Wireless charging of electric vehicles for an electrified transport company
5.6.3 Charging public transport buses with Momentum Dynamics charging stations
5.7 Technological trends
5.7.1 Internet of Things (IoT)
5.7.2 Industry 4.0
5.8 Price analysis
5.8.1 Wireless chargers price list
5.8.2 Wireless Charging Components Price List
5.9 Business analysis
5.10 Patent analysis
5.11 Market regulation
5.11.1 Qi standard
5.11.2 Airfuel Alliance
5.11.2.1 Pma (Power Matters Alliance)
5.11.3 ISO 15118-20
5.11.4 Wireless Power Consortium
5.11.5 Chinese standards for wireless charging of electric vehicles
5.11.6 Radio Equipment Directive
5.11.6.1 In 301 489-1 and -3 (Emc)
5.11.6.2 Search Fr 303417 (Radio)
6 Wireless Charging Market, By Implementation
6.1 Presentation
6.2 Transmitters
6.2.1 The growing development of Wireless Power Transmission Ics is expected to drive the market over the forecast period
6.3 Receivers
6.3.1 Secondary market
6.3.1.1 Using spare receivers to charge smartphones without wireless capability
6.3.2 Integrated
6.3.2.1 Launch of wireless receivers integrated in smartphones supposed to stimulate the wireless charging market
7 Wireless Charging Market, By Technology
7.1 Presentation
7.2 Magnetic resonance
7.2.1 Used to charge objects with large power requirements
7.3 Inductive
7.3.1 Adoption of Qi wireless charging based on inductive technology by a large number of smartphone manufacturers
7.4 Radio frequency
7.4.1 Typically used to charge small batteries
8 Wireless Charging Market, By Application
8.1 Presentation
8.2 Automotive
8.2.1 Increasing Electric Vehicle Sales Expected to Drive Market Growth by 2026
8.2.1.1 Electric vehicles
8.3 Consumer electronics
8.3.1 Holds Largest Share of Global Wireless Charging Market
8.3.1.1 Smartphones and tablets
8.3.1.2 Laptops and Notebooks
8.3.1.3 Portable devices
8.3.1.4 Kitchen appliances
8.3.1.5 Others
8.4 Health
8.4.1 Growing Availability of Portable Medical Equipments is Expected to Drive Market Growth
8.4.1.1 Hearing aids
8.4.1.2 Glucose monitors
8.4.1.3 Smart glasses
8.5 Others
8.5.1 Industrial
8.5.1.1 Power tools
8.5.1.1.1 Growing Demand for Cordless Power Tools to Drive Market Growth
8.5.1.2 Industrial vehicles (drones and mobile robots)
8.5.1.2.1 Strong growth in autonomous and commercial drones
8.5.2 Aerospace
8.5.2.1 Wireless charging eliminates the use of heavy batteries in military applications
8.5.2.1.1 Military devices
8.5.2.1.2 Aircraft
9 Geographic analysis
9.1 Presentation
9.2 North America
9.3 Europe
9.4 APAC
9.5 Rest of the world
10 Competitive landscape
10.1 Presentation
10.2 Revenue Analysis of Top 5 Companies
10.3 Market Share Analysis, 2020
10.4 Company valuation quadrant, 2020
10.4.1 star
10.4.2 Emergent
10.4.3 Generalized
10.4.4 Participant
10.5 Small and Medium-Sized Enterprises (SMEs) Assessment Quadrant, 2020
10.5.1 Progressive companies
10.5.2 Responsive companies
10.5.3 Dynamic companies
10.5.4 Starting blocks
10.6 Wireless Charging Market: Product Footprint
10.7 Competitive situation and trends
11 company profiles
11.1 Key players: manufacturers
11.1.1 Activator
11.1.2 Samsung
11.1.3 Evatran Group
11.1.4 That is to say
11.1.5 Leggett & Platt
11.1.6 Powermat
11.2 Key players: technology providers
11.2.1 Qualcomm
11.2.2 Infineon Technologies
11.2.3 Manufacture of Murata
11.2.4 Witricity
11.2.5 Practical power
11.2.6 Renesas Electronics
11.2.7 Semtech
11.2.8 Texas Instruments Incorporated
11.3 Other important players
11.3.1 Chargifi Ltd.
11.3.2 Wibotic
11.3.3 Wiferion GmbH
11.3.4 Momentum wireless power supply
11.3.5 Powercast
11.3.6 Powersphyr
11.3.7 Energetic
11.3.8 Sonic energy
11.3.9 Nucurrent
11.3.10 Zens
11.3.11 Wireless Elix
11.3.12 Wi-Charge
12 Adjacent and related markets
12.1 Presentation
12.2 Limitations
12.3 Lithium Ion Battery, by Type
12.4 Lithium Nickel Manganese Cobalt Oxide (Li-Nmc)
12.4.1 High energy density increases the demand for Nmc batteries
12.5 Lithium iron phosphate (Lfp)
12.5.1 High power density and stability drive adoption of Lfp batteries
12.6 Lithium cobalt oxide (Lco)
12.6.1 High energy density increases demand for Lco batteries
12.7 Lithium titanate oxide (Lto)
12.7.1 High stability, energy and power density are expected to create demand for Lto batteries
12.8 Lithium manganese oxide (Lmo)
12.8.1 Cost factor drives growth of Lmo batteries
12.9 Lithium-nickel-cobalt aluminum oxide (NCA)
12.9.1 High Energy Density of Nca Batteries Increase Demand in Automotive Industry
13 Annex
13.1 Discussion Guide – Wireless Charging Market
13.2 Knowledge Store: the subscription portal
13.3 Available customizations
For more information on this report, visit https://www.researchandmarkets.com/r/7emd43
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