Lewes, DE -- (SBWire) -- 03/16/2017 --Report forecast the global wireless chargers market to grow at a CAGR of 26.13% during the period 2017-2021.
Wireless charging is the process of charging battery-powered devices without any cables. It enables the transfer of electric charge from the charging device to the recipient device without any wired electrical power connection. A wireless charger is a part of the wireless charging system. Charging batteries without the cables ensures convenience, safety, and longevity of the products. A wireless charging system has two main components: transmitter and receiver. The transmitter is part of a wireless charger, which transmits the power. The receiver is attached to the device that has to be charged.
The report covers the present scenario and the growth prospects of the global wireless chargers market for 2017-2021. To calculate the market size, the report considers the shipment of transmitters used in wireless chargers worldwide.
The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
- ROW
According to the report, one of the major drivers for this market is increased inclination of food chains toward powermat and charging points. With the increased use of smartphones, a number of people face the problem of charging their smartphones and devices. Around 80% of consumers show need to have wireless charging in public places. Hence, many global food chains such as Starbucks and McDonald's are partnering with vendors of wireless chargers to offer customers convenience with Aircharge and Powermat wireless charging hotspots
Further, the report states that one of the major factors hindering the growth of this market is wireless charging standards war. The wireless charging technology is witnessing standards war. The two consortiums are competing to become the effective standard. Power Matters Alliance merged with Alliance for Wireless Power forming AirFuel Alliance. It is collectively battling against the Qi standard of Wireless Power Consortium.
Global Wireless Chargers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the global wireless chargers market: Energizer Holdings, Evatran, Powermat Technologies, Qualcomm, and WiTricity.
Other Prominent Vendors in the market are: Anker, Fulton Innovation, Integrated Device Technology, Leggett and Platt, LS Cable & System, Oregon Scientific, Procter & Gamble, Pure Energy Solutions, Texas Instruments, UBeam, and Wisepower.
Market driver
- Increased inclination of food chains toward Powermat and charging points
- For a full, detailed list, view our report
Market challenge
- Wireless charging standards war
- For a full, detailed list, view our report
Market trend
- Increasing adoption of wireless charging devices
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 93 pages and 56 Exhibits "Global Wireless Chargers Market 2017 - 2021" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by application, Market segmentation by technology, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.
For more information Visit at: http://www.marketresearchreports.com/technavio/global-wireless-chargers-market-2017-2021
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Global Wireless Chargers Market to Grow at a CAGR of 26.13% During the Period 2017 - 2021; Finds New Report
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