The Asia Pacific Wireless Charging Market would witness market growth of 29.5% CAGR during the forecast period (2020-2026). Wireless charging is a growing trend in consumer electronics, automobile and industrial applications. Growing wireless charging has allowed smartphones; tablets; laptops; and wearable electronics such as smart watches, gears, and health tracking devices to stimulate market growth in the consumer electronics industry. In addition, wireless charging is useful in the industrial sector when working under harsh operational environments, such as mining, forestry and building equipment, and material handling applications. Wireless charging industry industrial application is expected to expand at a fast rate in the coming years.
Due to flexibility and trouble-free charging, the continually emerging portable electronics and wearables are driving the growth of the wireless charging industry. In addition, the need to collect RF energy from the ambient and increase electric vehicle sales is expected to fuel market growth. In addition, extensive work is expected to include lucrative growth opportunities in far-field wireless charging technology and emerging internet of things (IoT). Technology is therefore expensive to integrate and it is expected that comparatively slower charging would impede the growth of the wireless charging market.
Based on Technology, the market is segmented into Inductive, Resonant, Radio Frequency and Others. Based on End User, the market is segmented into Electronics, Industrial, Automotive, Healthcare and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: Wireless Charging Market in Asia Pacific is expected to register a CAGR of 29.5% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Qualcomm, Inc., Texas Instruments, Inc., Samsung Electronics Co., Ltd. (Samsung Group), Sony Corporation, Renesas Electronics Corporation (Integrated Device Technology, Inc.), Murata Manufacturing Co., Ltd., Leggett & Platt, Inc., ConvenientPower HK Limited, Powermat Technologies Ltd., WiTricity Corporation.
Market Segmentation:
By Technology
By End User
By Country
Companies Profiled
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