Trends in Global Wireless Charging Market Trends Reviewed with 2020 Opportunities in New Research Report

Global Wireless Charging Market 2016-2020 report is the latest addition to RnRMarketResearch.com industry research reports collection. The report is about 50 pages and provides 21 Exhibits; the report is published in Dec -2015.

The market research analyst predicts the global wireless charging market to grow at an impressive CAGR of more than 33% by 2020. The augmented adoption of wireless computing devices like tablets and smartphones will necessitate the need for wireless charging devices as they help in charging devices wherever and whenever required; thus, eliminating the need for charging cables.

The integration of wireless charging for smartphones in automobiles will drive market growth during the forecast period. With the integration of wireless charging pads in automobiles, the consumer no longer needs to keep a charger in the car or worry about plugging their device into the vehicle. Since this technology is estimated to become prevalent across all vehicle segments during the forecast period, their augmented incorporation in all variants of automobiles will lead to market growth.

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Application-based segmentation of the wireless charging market

• Consumer electronics

• Electric vehicles

In this market study, They analysts have estimated the consumer electronics segment to be the largest market segment during the estimated period. Much of this segment's growth can be attributed to the proliferation of devices like smartphones, tablets, portable PCs, and wearable electronics, which require frequent charging for optimal performance.

Geographical segmentation of the wireless charging market : Americas, APAC, EMEA

The market research analysts have estimated the Americas to account for more than 36% of the total market share by 2020. The growing awareness of wireless power technology among consumers and the increase in adoption...