Global Wireless Chargers Market 2017-2021
About Wireless Chargers
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.
Technavio’s analysts forecast the global wireless chargers market to grow at a CAGR of 26.13% during the period 2017-2021.Covered in this report
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:
Technavio Announces the Publication of its Research Report – Global Wireless Chargers Market 2017-2021
Technavio recognizes the following companies as the 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.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increasing adoption of wireless charging devices. Consumers are becoming aware of the wireless charging technology with products such as Samsung Galaxy S6 and Apple Watch. Around 75% of consumers in the US, the UK, and China are now aware of the wireless charging technology. The growth and awareness in wireless charging are directly affecting the growth of the wireless charging receivers for smartphones and wearable devices.”
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.
Energizer Holdings, Evatran, Powermat Technologies, Qualcomm, WiTricity, Anker, Fulton Innovation, Integrated Device Technology, Leggett and Platt, LS Cable & System, Oregon Scientific, Procter & Gamble, Pure Energy Solutions, Texas Instruments, UBeam, Wisepower.
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