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Global wireless charging market expected to reach $45.2 billion by 2022

Global wireless charging market expected to reach $45.2 billion by 2022

Wireless charging is an emerging technology that provides enhanced durability of electronic devices & electric vehicles (EVs) and ease of charging.

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Global Wireless Charging Market Make an Inquiry about this news is expected to reach $45.2 billion by 2022, growing at a CAGR of 46.5% from 2016 to 2022. 

The demand for wireless charging is globally expected to rise during the forecast period due to ascending sales of electric vehicles, constantly evolving portable electronics & wearable device market, and necessity of harvesting ambient RF. However, technology being expensive to integrate and comparatively slower charging rate restrain the market growth. 

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The lack of universally accepted standards and interface with other electronic devices act as a restraint for the growth of the market. In the wireless charging market Integrated Device Technology, Inc.

(U.S.) designs, develops, manufactures, and markets a broad range of low-power, high-performance mixed signal semiconductor solutions. It offers communication solutions for customers within the enterprise, data center, and wireless market.

Also, the company invests heavily in R&D for designing innovative products to match the market needs, and explore new opportunities in the market to drive growth and profitability. 

This report studies Wireless Charging in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, with production, revenue, consumption, import and export in these regions, from 2011 to 2015, and forecast to 2021.

This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering
Samsung, Ergo(aircharge), BEZALEL, FONE, NXP Semiconductors, IOttie, Humavox, Semtech , Integrated Device Technology, Inc., Lenmar, Gill Electronics.

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