Major factor driving growth of the global wireless charging market is growing smart phone users in developing countries. In addition, increasing development of portable devices with advanced charging systems is expected to support growth of the global wireless charging market.
The global wireless charging market report has been segmented on the basis of technology, industrial vertical, and region.
The technology segment in the global wireless charging market is segmented on the basis of inductive, resonant, and radio frequency (RF). The radio frequency (RF) segment is expected to contribute significant revenue share in the global market.
The industry vertical segment in the global wireless charging market is segmented on the basis of electronics, automotive, industrial, healthcare, and aerospace & defense. The electronics segment is expected to contribute significant revenue share in the global market.
On the basis of region, the global wireless charging market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
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The wireless charging market in Asia Pacific is expected to account for largest share in the global market in terms of revenue, owing to high consumer electronics market, and presence of major manufacturers in countries in the region. The market in Europe is projected to register lucrative CAGR in terms of revenue over the forecast period, owing to growing adoption from automotive sector in economies in this region.
Key players operating in the global wireless charging market include Samsung Electronics Co., Ltd., Qualcomm Incorporated, Texas Instruments, Inc., Integrated Device Technology, Inc., Powermat Technologies Ltd., WiTricity Corporation, Energizer Holdings, Inc., Murata Manufacturing Co. Ltd., Sony Corporation, and Fulton Innovation LLC.