Wireless Charging Market is expected to reach $15.2 Billion by 2020

By Technology (Magnetic Inductance, Magnetic Resonance, Radio-wave); By Range (Short range, Medium range, Long range); By Applications (Consumer Electronics,

Industrial, Automobile)-With Forecast (2015 - 2020)

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Wireless Charging Market Forecast (2015-2020)

Wireless Charging, or wireless power transfer (WPT) is a method of transmitting power based on electromagnetic induction or resonance technique into various electronic devices such as smartphones, wearable devices, laptops, wireless headphones and many others.

Wireless Charging Market Forecast (2015 - 2020)

Wireless Charging Market Overview

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The total Wireless Charging Equipment Market is forecast to reach $15.2 billion by

2020 with a CAGR of 48.68%.

Magnetic Inductance Charging occupies more than 95% share of the wireless charging

market.

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Wireless Charging Market Estimations


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Market Revenue




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The factors driving the growth of Wireless Charging Market are

Rising smartphone and tablet PCs market,

Increasing usage of electric vehicles and

Growing penetration of wireless charging devices to other geographic areas.

Wireless Charging finds its Application in various fields such as

Consumer electronics

Industrial

Automotive

Wireless Charging Market Driving Factors and Applications




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Wireless Charging Market is precisely segmented into 5 broad segments based on these

factors: By Standards: Wireless Power Consortium (WPC), Power Matters Alliance (PMA)

+Alliance for Wireless Power (A4WP) and Open dots Alliance By Technology: Magnetic Inductance, Magnetic Resonance, Radio Wave Charging,

Microwave Charging and Laser Beam Charging By Range: Short range (<50mm), Medium range (<4M) and Long range (>4M) By Applications:

Consumer electronics: Smartphones, Tablets, Wearable Devices and Laptops Transportation: Automobile Healthcare Industrial: Power Tools and RFID Tags

By Region: Americas, Europe, APAC and ROW

Wireless Charging Market Segmentation




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In September 2014, BOSCH introduced the World’s first wireless charging power tools

that can be charged with the help of receiver irrespective of their position and

placement.

In October, 2013, Linear Technology Corporation and PowerbyProxi entered into

partnership in order to develop wireless power systems to be used in short range

applications and environments that are applicable to consumer electronics devices.

In 2015, Starbucks teamed up with Powermat Technologies Ltd. for introducing wireless

charging mats in its U.K. stores to enhance customer experience.

In January 2015, 50 U.K. McDonald’s restaurants deployed Qi wireless charging spots

Key Market Insights of Wireless Charging Market




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In 2014, Marriott announced 50 hotels with Qi charging spots. That has now grown to

over 135 locations.

In March, 2015, Ikea announced that they would launch Qi-based furniture and

accessories in stores world-wide. The launch was complete in June, 2015.

In March, 2015, Samsung announced that its flagship phone, the Galaxy S6 and S6

edge, would come with dual-mode wireless power receivers (Qi & PMA), and made Qi

transmitters available for all its phones.

As of 2015, there were more than 82 models of Qi-enabled phones, including LG,

HTC, Samsung, Motorola, Google Nexus, Nokia and Sony.

Key Market Insights of Wireless Charging Market




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Major players covered in this report are

Powermat Technologies Ltd.

WiTricity Corporation

Texas instruments Inc.

PowerbyProxi

Qualcomm Incorporated

Murata manufacturing Co., Ltd.

Key Market Players of Wireless Charging Market


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1. Get a top down Estimate of the market2. Follow it up with a bottom up estimate of the market. 3. Check for consistency and new growth factors that that are relevant over the next 10 Years4. Build the

1.Granular breakdown of the drivers into factors2. Validating all factors in terms of their present impact on the market. 3. Assigning weights to these factors in terms or their relevance & impact on the market. 4. Build the

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