A market research study on the global wireless charging market was just released by Future Market Insights. The paper provides a thorough analysis of the historical data, present market conditions, and projected future growth for the wireless charging market.

The important trends and growth drivers that are expected to have an impact on the market in the future years are thoroughly examined in the study. Over the projection period, the technology industry is anticipated to experience a strong rise due to the adoption of cloud computing and artificial intelligence. The growth outlook for the wireless charging industry in the future ten years is projected to be improved by increased competitive pressure and accelerated digital transformation in the fields of data analytics and artificial intelligence.

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Global Wireless Charging Market – Competition Landscape

Companies developing wireless charging technology are focused to resolve incompatibility issues with their products to upscale their market penetration. To get rid of such issues, manufacturers of smart devices including, HTC, LGF, and Nokia, are developing wirelessly chargeable handheld devices. Further, market players are developing standard wireless charging technology for advanced devices of various applications such as semiconductors, and medical.

Several companies are joining the league to benefit from the growing demand and establish their brand name. Market players are tapping white spaces in Asia to boost their regional presence. Established players profiled in the global wireless technology market include:

  • Convenient Power HK Ltd.
  • WiTricity Corporation
  • Murata Manufacturing Co. Ltd.
  • Texas Instruments, Inc.
  • Murata Manufacturing Co. Ltd.
  • Murata Manufacturing Co. Ltd.

Wireless Charging Market: Competitive Analysis

The FMI’s Wireless Charging market report provides a detailed analysis of prominent players as well as emerging companies operating in the Wireless Charging market. Some of the key players are:

  • Cisco Systems, Inc.
  • Microsoft Corporation
  • Polycom Inc.
  • Zoom Video Communications Inc.
  • Google
  • West Corporation
  • LogMeIn Inc.
  • Adobe Systems Incorporated

With an extensive SWOT analysis, the FMI’s study provides the strengths, weaknesses, growth prospects and product expansion within the players. The report also offers key players marketing strategies, recent mergers and acquisitions and pricing strategy to gain a competitive edge in the industry.

Global Wireless Charging Market – Segment Analysis

The wireless charging market can be segmented on the following basis:

By Technology

  • Inductive
  • Radio Frequency
  • Resonant
  • Others

By Industry Vertical

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