[January 23, 2017]

Wireless Charging Market Report 2017 - Global $37.2 Billion Opportunity Analysis and Industry Forecast 2014-2022 - Market to Grow at CAGR of 44.7% - Research and Markets

Research and Markets has announced the addition of the "Wireless Charging Market by Technology (Inductive, Resonant, RF, and Others) and by Industry Verticals (Electronics, Automotive, Industrial, Healthcare, and Aerospace & Defense) - Global Opportunity Analysis and Industry Forecast, 2014-2022" report to their offering.

Global Wireless Charging market size is forecasted to reach $37.2 billion by 2022, growing at an estimated CAGR of 44.7% from 2016 to 2022

The market holds a great potential in electronics and automotive industries. Presently, most of the wireless charging stations for electric vehicles (EVs) have incorporated inductive charging technology. Automotive giants are entering into partnerships with providers in wireless charging market to integrate it in their EVs. For instance, Mercedes partnered with BMW and announced that its next-gen Mercedes S-Class plug-in hybrid electric vehicle (PHEV) employs wireless charging, and is expected to arrive in the summer of 2017. t present, automotive industry has the highest wireless charging market share owing to its growing adoption and need of efficient charging systems.

The leading smartphone manufacturing companies such as Samsung, Apple, and Google (News - Alert) have initiated to design built-in wireless charging reception, thereby driving the market for wireless charging transmitters. For instance, Apple is expected to launch its next-generation smartphone-iPhone8 in late 2017 with wireless charging. Thus, the increased adoption of wireless charging technology in portable electronics and electric vehicles is expected to propel its demand in the years to come.

MARKET SEGMENTATION

The market is segmented on the basis of technology, industry vertical, and geography.

BY TECHNOLOGY

• Inductive
• Resonant
• RF
• Others (Laser and Microwave)

BY INDUSTRY VERTICAL

• Electronics
• Automotive
• Industrial
• Healthcare
• Aerospace & Defense

Companies Mentioned

• Samsung Electronics Co., Ltd.
• Qualcomm (News - Alert) Incorporated
• Texas Instruments, Inc.
• Integrated Device Technology, Inc.
• Powermat Technologies Ltd.
• WiTricity Corporation
• Energizer (News - Alert) Holdings, Inc.
• Murata Manufacturing Co. Ltd.
• Sony Corporation
• Fulton Innovation LLC

For more information about this report visit http://www.researchandmarkets.com/research/g9f56j/wireless_charging

View source version on businesswire.com: http://www.businesswire.com/news/home/20170123005641/en/

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