The global wireless charging market size reached USD 3.52 Billion in 2020 and is expected to register a significantly robust CAGR of 23.8%, during the forecast period, according to latest analysis by Emergen Research. Electric vehicles (EVs) are powered by battery packs, which are charged with electricity. The data is gathered through extensive primary and secondary research and further validated by industry experts and professionals. The report provides full coverage of the key driving factors, restraints, challenges, trends, and growth prospects to offer a complete overview of the global Wireless Charging market. Over the years, car manufacturers have initiated utilizing wireless charging because the technology is novel and convenient to use.
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The report is updated with the latest impact of the novel coronavirus pandemic on the market. The report covers the comprehensive effect of the pandemic on the industry and offers an initial and future impact assessment of the impact of the COVID-19 pandemic on the Wireless Charging business sphere. The pandemic has drastically altered the market dynamics and trends and demands. It has also disrupted the supply chain and generated financial difficulties.
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Emergen Research has segmented the global wireless charging market on the basis of technology, end-use :
- Technology Outlook (Revenue, USD Billion; 2021–2028)
- End-use Outlook (Revenue, USD Billion; 2021–2028)
Major benefits of the Wireless Charging report:
- The report gives a comprehensive analysis of the changing dynamics of the market owing to the current scenario
- The report encompasses a detailed forecast for the years 2020-2028
- The report discusses in detail the changing dynamics of the competitive landscape
- The report provides detail-oriented futuristic prospects of factors driving the growth of the market and limitations affecting the market growth
The report aims to provide a determining analysis of the market competition to help the user make a pivotal business analysis. The complete portfolios of the key companies, including their production capacity, revenue share and size, gross margin, sales revenue and margin, growth rate, along with their business strategies and technological developments, have been discussed in the report. Key players in the market include Texas Instruments Inc., Samsung Electronics Co., Ltd., Qualcomm Incorporated, WiTricity Corporation, NXP Semiconductors N.V, Powermat Technologies Ltd, TDK Corporation, Energous Corporation, Ossia Inc., and ZenS B.V.
Key questions addressed in the report:
- What are the market opportunities and risks affecting the performance of the vendors in the global Wireless Charging market?
- What are the key factors driving the global Wireless Charging market?
- Who are the key manufacturers in this market space?
- Who are the distributors, traders and dealers of this market?
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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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