Bulletin
Investor Alert

press release

Feb. 13, 2020, 7:16 a.m. EST

Wireless Charging Market Expected to Grow $71.21 Billion by 2025, at 38.7% CAGR

Increase in sales of electric vehicles (EVs), necessity to harvest ambient RF energy, and constantly evolving portable electronics and wearables market drive the growth of the global wireless charging market. The inductive segment held the largest share in 2018, accounting for more than half of the market. On the other hand, the market across the LAMEA region is anticipated to register the fastest CAGR of 41.5% during the forecast period.

Portland, Feb 13, 2020 (GLOBE NEWSWIRE via COMTEX) -- Portland, Feb. 13, 2020 (GLOBE NEWSWIRE) -- According to the report, the global wireless charging market accounted for $5.22 billion in 2017 and is expected to reach $71.21 billion by 2025, registering a CAGR of 38.7% from 2018 to 2025. The report offers a detailed analysis of the key segments, top investment pockets, changing dynamics, market size & estimations, and competitive scenario.

Download Research Sample: https://www.alliedmarketresearch.com/request-sample/1779

Necessity to harvest ambient RF energy and constantly evolving portable electronics and wearables market have boosted the growth of the global wireless charging market. Furthermore, surge in sales of electric vehicles (EVs) propels the market growth. However, technology is expensive to integrate and comparatively slower charging rate hamper the growth. On the contrary, excessive research in far-field wireless charging technologies and trend of Internet of Things (IoT) are expected to create lucrative opportunities in the near future.

The global wireless charging market is segmented on the basis of industry vertical, technology, and region. Based on industry vertical, the market is divided into electronics, automotive, industrial, healthcare, and aerospace & defense. The automotive segment held the largest share in 2018, accounting for more than one-third of the market. However, the aerospace & defense segment is projected to register 40.5% CAGR during the forecast period.

On the basis of technology, the market is segmented into inductive, resonant, radiofrequency, and others. The inductive segment held the largest share in 2018, accounting for more than half of the market. However, the other technologies segment is projected to register the fastest CAGR of 42.1% during the forecast period.

Enquire For Discount: https://www.alliedmarketresearch.com/purchase-enquiry/1779

Based on geography, the wireless charging market is analyzed across various regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across the Asia-Pacific region held the lion's share in 2018, accounting for more than one-third of the market. However, the LAMEA region is anticipated to register the fastest CAGR of 41.5% during the forecast period.

The market report provides an in-depth analysis of the major market players such as Fulton Innovation LLC., Samsung Electronics Co., Ltd., Sony Corporation, Qualcomm Incorporated, Murata Manufacturing Co. Ltd., Texas Instruments, Inc., Energizer Holdings, Inc., Integrated Device Technology, Inc., WiTricity Corporation, and Powermat Technologies Ltd. They have adopted different strategies such as mergers & acquisitions, partnerships, collaborations, new product launches, and others to gain a strong position in the global industry.

Access Avenue (Premium on-demand, subscription-based pricing model) @ https://www.alliedmarketresearch.com/Avenue-Membership-details

Avenue, a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.







        Contact:
        David Correa
        5933 NE Win Sivers Drive
        #205, Portland, OR 97220
        United States
        USA/Canada (Toll Free): 
        +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
        UK: +44-845-528-1300
        Hong Kong: +852-301-84916
        India (Pune): +91-20-66346060
        Fax: +1(855)550-5975
        help@alliedmarketresearch.com
        Web: https://www.alliedmarketresearch.com
        


(C) Copyright 2020 GlobeNewswire, Inc. All rights reserved.

Link to MarketWatch's Slice.