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US and China Wireless Charging Market Opportunity Outlook to 2030: Inductive, Resonant, Radio Frequency, and Other Technologies - ResearchAndMarkets.com

·3 min read

DUBLIN, September 21, 2021--(BUSINESS WIRE)--The "U.S. and China Wireless Charging Market By Technology and Industry Vertical: Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.

Smart charging mats and newly launched ground pads specifically for electric vehicles are increasing the demand for wireless charging in the market. In addition, with the use of laser and microwave technology, the Startup Company Wi-Charge Ltd. has developed technology that charges electronic devices such as smart phones, bands, and earbuds from a significant distance.

Increase in sales of electric vehicles (EVs), constantly evolving portable electronics as well as wearables market, and frequent need of harvesting ambient RF energy are expected to drive the wireless charging market during the forecast period. However, expensive technology for its integration and slower charging as compared to other charging technologies are expected to hamper the growth of the market.

Report Scope

The report includes the study of the wireless charging market with respect to the growth prospects and restraints based on regional analysis. The study includes value chain analysis, and Porter's five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.

The scope of the report discusses potential opportunities for key players to enter the wireless charging market. Furthermore, it provides an in-depth analysis of the market, outlining current trends, key driving factors, and key areas of investment. The report includes Porter's five forces analysis to understand the competitive scenario of the industry and role of each stakeholder in the value chain. Moreover, it features strategies adopted by key market players to maintain their foothold in the market.

The wireless charging market is segmented into technology, industry, and region:

  • The technology segment is divided into inductive, resonant, radio frequency (RF), and others.

  • By industry, it is classified into home-based products, automotive, and others.

  • By region, the market is analyzed across U.S. and China.

Market Dynamics

  • Drivers

    • Increase in Sales of Electric Vehicles (EVs)

    • Constantly Evolving Portable Electronics and Wearables Market

    • Necessity to Harvest Ambient RF Energy

  • Restraint

    • Technology is Expensive to Integrate and Comparatively Slower Charging

  • Opportunities

    • Excessive Research in Far-Field Wireless Charging Technologies

    • Trending Internet of Things (IoT)

COVID-19's Impact

  • Impact on Market Size

  • Application Trends, Preferences, and Budget Impact

  • Key Player Strategies to Tackle Negative Impact

Key Market Players

  • Samsung Electronics Co. Ltd.

  • Qualcomm Incorporated

  • Semtech

  • Powermat Technologies Ltd.

  • WiTricity Corporation

  • Energizer Holdings Inc.

  • Murata Manufacturing Co. Ltd.

  • Sony Corporation

  • Renesas Electronics Corporation

  • Fulton Innovation LLC

For more information about this report visit https://www.researchandmarkets.com/r/39qnz2

View source version on businesswire.com: https://www.businesswire.com/news/home/20210921005537/en/

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