Global Wireless Charging Market to See 57.46% Growth to 2017 Says a Research Report Available at RnRMarketResearch.com
(PRWEB) November 23, 2014 -- Charging the battery of electronic device without the use of cords & cables constitutes wireless charging. Nikola Tesla introduced the concept of wireless charging in the year 1899 where he demonstrate transmission of 100 mn volts of electricity across 26 miles. This old age technology has come into being for charging consumer electronics, especially for smart phones as of 2011. Global wireless charging market to reach $7.161 billion in 2017 from $456.86 million in 2011 at a growth rate of 57.46% annually. Japan dominates the wireless charging market. Due to the slow acceptance of the concept of wireless charging North American market will take a couple of years to grow. The consumers are yet in the learning phase of the concept and will take time to accept a new technology. Complete report is available at http://www.rnrmarketresearch.com/wireless-charging-market-2012-2017-global-forecast-and-analysis-by-technology-inductive-magnetic-resonance-radio-frequency-rf-microwave-optical-beam-products-pads-and-receivers-for-smart-market-report.html .
There are a number of opportunities in the wireless charging market as the market is at a nascent stage; such as having wireless charging embedded in commercial outlets such as cinema halls, cafe’s, airports, and so on. Also, embedding receivers in the smart phones eliminates the need of using a sleeve. Wireless charging market can be very prominent in charging electric vehicles and which can gain the momentum. There are several universities such as Clemson University (U.S.), Stanford University (U.S.), and companies conducting researches on the same.
The universities, companies, and research institutes are conducting extensive R&D on the same and trying to embed the receiver coils in the phone, which will eliminate the need for the sleeve as well. Interoperability and standards are the major concerns in the market as of today. Since the market is in its infancy; there are no set standards for the same. Major players in the market includes Avid Technologies Inc., Convenient Power Hk Limited, Energizer, Evatran Llc, Fulton Innovation Llc, Getpowerpad, Gill Industries, Haloipt, Hitachi Maxell Ltd., Maptech Co., Ltd., Mediatek Inc., Mojo Mobility, Ntt Docomo, Powerbeam, Powerbyproxi Ltd., Powercast Corporation, Powerkiss Oy, Powermat Technologies, Pure Energy Solutions, Qualcomm, Rrc Power Solutions, Texas Instruments Incorporated, Verizon Wireless, Inc., Witricity, and Zens. Order a copy of this research at http://www.rnrmarketresearch.com/contacts/purchase?rname=80144 .
Qi standard is the standard for interoperability establish for wireless power consortium, which enables charging devices and pads with Qi certification to charge together. There are certain more standards as well for charging the devices wirelessly.
Very minor percentages in wireless charging market is contributed by military and medical application, and are expected to increase at very slow rate. These markets are very small as of today due to the acceptability and feasibility the product. Since the concept of wireless charging is new, the companies are carrying out R&D and working towards enabling the users to accept the product.
Priced at $4650 for a single user PDF, a discount on this research report can be requested at http://www.rnrmarketresearch.com/contacts/discount?rname=80144 .
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Wireless Power Transmission Market by transmission technology (Induction, Radiation), type, and range; by application (consumer electronics, industrial, automotive, healthcare, and defense), and by geography – forecast and analysis (2013-2020) is a Aug 2014 publication of 260 pages and it says Asia Pacific accounts a wireless power transmission market share of approximately 38.24% in 2013, and is expected to grow at a CAGR of 62.95% from 2014 to 2020. Global wireless power transmission market is expected to grow at a CAGR of 60.49% from 2014 to 2020. Companies profiled in this research report are Convenient Power HK Limited, Energizer Holding Inc, Integrated Device Technology, Leggett & Platt Inc., Murata Manufacturing Co. Ltd., Powermat, Plugless Power, Qualcomm Inc., Texas Instruments Inc. and Witricity Corporation. Complete report available at http://www.rnrmarketresearch.com/wireless-power-transmission-market-by-transmission-technology-induction-radiation-type-and-range-by-application-consumer-electronics-industrial-automotive-healthcare-and-defense-and-by-ge-market-report.html .
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