According to the latest market research study by Technavio, the global wireless chargers market is expected to grow at a CAGR of close to 26% during the forecast period 2017 to 2021.
This report by Technavio provides an in-depth analysis of the global wireless chargers market in terms of revenue and emerging market trends. The report also includes an up-to-date vendor analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the technology
Source: Technavio
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The top three revenue contributing technology segments are discussed below
Global wireless chargers market by inductive coupling technology: Inductive coupling is based on the magnetic field induction, which generates power between two coils. It provides ease of implementation, convenience in operation, greater efficiency and safety. Wireless Power Consortium (WPC) Qi standard based on inductive technology is widely accepted.
“Inductive coupling is mainly adopted in mobile devices and the automobile industry. Inductive charging for global electric vehicles is growing. It is estimated that more than 208 million units of EV with inductive charging will be sold by the end of the forecast period,” says Chetan Mohan, a senior analyst at Technavio for research on embedded systems.
Several OEMs such as BMW, Daimler, Nissan, and Volvo have developed EVs with inductive charging and are also working on its development for other models. For instance, BMW i8 battery charges in under two hours at a charge rate of 3.3 kW per hour using inductive coupling.
Global wireless chargers market by magnetic resonance technology: Resonance wireless charging is dependent on a high-frequency oscillating magnetic field. The energy is transferred between coils operating at the same resonant frequency. Resonance wireless charging can charge several devices simultaneously, allowing spatial freedom.
Global wireless chargers market by radio frequency technology: Radio frequency is transmitted from billions of radio transmitters across the globe. Radio frequency enables wireless charging of low-powered devices. The benefits of radio frequency energy have simplified product design, usability, and reliability.
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The top vendors operating in the global wireless chargers market are:
- Energizer Holdings
- Evatran
- Powermat Technologies
- Qualcomm
- WiTricity
The other prominent vendors in the market include Anker, Fulton Innovation, Integrated Device Technology, Leggett and Platt, LS Cable & System, Oregon Scientific, Procter & Gamble, Pure Energy Solutions, Texas Instruments, UBeam, and Wisepower.
A more detailed analysis is available in the Technavio report titled, ‘Global Wireless Chargers Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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