Wireless Charging - A convenient and cable-free way to charge your electronic devices.

The wireless charging market is anticipated to reach around USD 95.6 billion by 2026 according to a new research. In 2017, the consumer electronics segment dominated the global market in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global wireless charging market revenue during the forecast period.

Wireless Charging Market

Summary
The wireless charging market has substantial potential for the present and future applications, owing to the rise in the mobile phone usage across the world, especially emerging regions such as India, China and South-East Asia.

The growing demand for mobile devices and consumer goods drives the growth of the market during the forecast period. The wireless charging market is expected to grow significantly during the forecast period owing to increasing popularity of electric vehicles. Wireless charging has multiple applications in the EV technology including fuel supply, and in-car electronics.

The economic growth in countries such as China and India, leading to rising living standards and high disposable income has increased the penetration of smart phones and other mobile devices in the region, thereby increasing the demand for wireless charging.

Key players in Wireless Charging Market
Integrated Device Technology, Mojo Mobility, Powercast Corp., Texas Instruments, Energizer Holdings, Leggett & Platt, Incorporated, Qualcomm Incorporated, Powermat Technologies Ltd., ConvenientPower, and Murata Manufacturing Co. Ltd.

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