Wireless Chargers Market Worth $9B by 2020 Growing at 33% CAGR

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Mar 18, 2016, 06:00 ET

PUNE, India, March 18, 2016 /PRNewswire/ --

With 41% of total wireless chargers market revenue, The Americas is the major revenue-contributing region due to growing awareness of wireless power technology among consumers and increased adoption of wireless charging for industrial applications and in the healthcare sector in this region.

Complete report of 58 pages on wireless chargers market analyzing 6 major companies and supported with 24 data exhibits is now available at http://www.reportsnreports.com/reports/509027-global-wireless-chargers-market-2016-2020.html

This report covers the present scenario and the growth prospects of the global wireless chargers market for 2016-2020. To calculate the market size, the report considers revenue generated from shipments of wireless charging pads across application segments of consumer electronics and vehicles with geographical coverage of Americas, APAC and EMEA. The report, Global Wireless Chargers Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Duracell Powermat, Fulton Innovation, Qualcomm, WiTricity, Anker, Delphi automotive, Energizer holding, Kube Systems, LS Cable & System, Oregon Scientific, PowerbyProxi, Pure Energy Solutions, Samsung Electronics, Texas Instruments, Wisepower and Leggett and Platt are companies mentioned in this 2016 wireless chargers market research available for purchase at http://www.reportsnreports.com/Purchase.aspx?name=509027

This market report presents a comprehensive analysis of the wireless charger market by application (consumer electronics, automotive, and others), by technology (inductive coupling, magnetic resonance, and others), and by geography (the Americas, APAC, and EMEA). The integration of wireless charging solutions in automobiles is also expected to contribute to the market growth during the forecast period. Through the introduction of wireless charging pads in automobiles, the manufacturers are not restricted by the limitation of providing a single charging point in the vehicle. These charging pads can be installed in the upholstery of the vehicle so the end users can charge their mobile phones automatically. Furthermore, vehicles like Toyota Camry and Lexus NX are to be manufactured with wireless charging pads. This technology is expected to become prevalent in all vehicle segments until the end of 2020.

Various problems associated with conventional battery chargers have resulted in the replacement of conventional chargers with wireless battery chargers. These devices provide a common platform that enables the seamless charging of a wide variety of mobile devices, eliminating the need for dedicated power adapters. Wireless charger market manufacturers are looking at standardizing the specification of wireless charging transmitters and receivers that are expected to revolutionize the existing market.

Another research forecasts global solar battery charger market to grow at 13.8% CAGR to 2020. The solar battery charger is a portable system that uses sunlight to provide electricity to devices or charge batteries. This charger can charge batteries like lead acid and Ni-Cd (nickel cadmium) with a capacity up to 4,000 mAh, 48 V. The solar charger uses intelligent charge controllers to improve its efficiency. These chargers are portable, save energy, and require low maintenance. The panels used in the solar battery charger could be thin-films with an efficiency ranging from 7%-8% or monocrystalline panels with an efficiency of 18%-20%.Solar battery chargers could be of different types, including solar trickle charger, clamshell solar charger, solar backpacks, and folding solar charger.

The report, Global Solar Battery Charger Market 2016-2020, spread across 44 pages and talking about companies like Anker, Cobra, Goal Zero, Poweradd, Solio, All Powers, Endless Sun Solar, Powertraveller, Shenzhen Portable Electronic Technology, SunTactics and Suntrica is available at http://www.reportsnreports.com/reports/495281-global-solar-battery-charger-market-2016-2020.html

Explore more reports on the IT and Telecommunications market at http://www.reportsnreports.com/market-research/information-technology/

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