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Wireless Charging ICs Market (Covid 19 Update )Future Growth Analysis, Business Demand And Opportunities To 2027

Wireless Charging ICs Market: Introduction

Transparency Market Research delivers key insights on the global wireless charging ICs market. In terms of revenue, the global market is estimated to expand at a CAGR of ~29% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global wireless charging ICs market.

Wireless charging ICs offer multiple advantages over the traditional charging systems in terms of efficiency, cost-effectiveness, and safety. Wireless charging is the method of transmitting power-based resonance technique or electromagnetic induction to tablets, mobile phones, wearable devices, and smart electronic devices. Wireless charging can be called ‘the next industrial revolution,’ as it is changing the manner in which people work, entertain, live, and travel, along with the manner in which businesses and governments interact with the world. A wireless charging IC is an integrated circuit for wireless charging. It consists of a receiver and a transmitter. The transmitter coil transmits wireless energy, while the receiver coil receives power transmission. The transmitter coil helps in transfer of power to the receiver coil through electromagnetic induction. Businesses are leading adopters of wireless charging ICs. Wearable electronic devices are the second-largest adopters of wireless charging ICs, followed by mobile phones. Wireless charging ICs are primarily used in mobile phones, tablets, wearable products, and consumer electronics devices.

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wireless charging ics market infographic

Wireless Charging ICs Market: Dynamics

Increase in the demand for wireless charging and rise in the installation of wireless charging devices at retail and public outlets are likely to fuel the global wireless charging ICs market during the forecast period. Wireless charging eliminates the need for cables required to charge mobile phones, tablets, computers, and wearable products. With a wireless charging solution, the battery inside any battery-powered operation is charged by simply placing the appliance nearby the wireless power charging device. Over the last few years, manufacturers across various industry verticals are registering high demand for specialized charging solutions to cater to the needs of their customers. Furthermore, wireless charging ICs are increasingly being used in applications such as smart phones and tablets, wearable electronic devices, medical devices, and automobile devices. However, wireless charging technology is standardized by the Global Qi Standard. Global manufacturers are using this standard while developing their wireless charging products. Manufacturers are not able to use other techniques or any other standardization to develop a new product segment, which is one of the most important factor likely to restrict the growth of the wireless charging ICs market during the forecast period. This compatibility nature of product creates a negative influence to enter small manufacturers in the market. Furthermore, compact product design and facility of charging multiple devices are expected to drive the global wireless charging ICs market during the forecast period.

Wireless Charging ICs Market: Prominent Regions

Asia Pacific is the dominant region of the global wireless charging ICs market. This can be attributed to high adoption of consumer electronics devices such as mobile phones and tablets and wearable electronics devices in the region. The market in North America is estimated to witness significant growth during the forecast period, owing to high adoption of wireless technology in the region.

Wireless Charging ICs Market: Key Players

Key players operating in the global wireless charging ICs market are NXP Semiconductors, Vishay Intertechnology, Inc., MediaTek Inc., Qualcomm Inc., Texas Instruments Inc., Broadcom Corporation, Toshiba Corporation, On Semiconductor, Analog Devices, Inc., ROHM Semiconductor, and Integrated Device Technology Inc.

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Global Wireless Charging ICs Market: Segmentation

Wireless Charging ICs Market, by Type

  • Transmitter ICs
  • Receiver ICs

Wireless Charging ICs Market, by Component

  • Relays
  • Circuit Breakers
  • Others

Wireless Charging ICs Market, by Power Solution

  • Low Power Solution
  • Medium Power Solution
  • High Power Solution

Wireless Charging ICs Market, by Application

  • Smart Phones & Tablets
  • Wearable Electronic Devices
  • Medical Devices
  • Automobile Devices
  • Others

Wireless Charging ICs Market, by Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • EU5
    • Benelux
    • Nordic
    • Russia
    • Poland
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • Japan
    • South Korea
    • ASEAN
    • Australia & New Zealand
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America

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Global Wireless Charging Ics Market Expecting Huge Growth by 2020 to 2026

The Global Wireless Charging Ics Market report draws precise insights by examining the latest and prospective industry trends and helping readers recognize the products and services that are boosting revenue growth and profitability. The study performs a detailed analysis of all the significant factors, including drivers, constraints, threats, challenges, prospects, and industry-specific trends, impacting the market on a global and regional scale. Additionally, the report cites worldwide market scenario along with competitive landscape of leading participants.

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Leading Players in the Wireless Charging Ics Market: Texas Instruments, Integrated Device Technology, Vishay Intertechnology Inc, ON Semiconductor, NXP Semiconductor, WRTHELEKTRONIK GMBH & CO, ROHM Semiconductor, TDK Corporation, TOSHIBA CORPORATION, Elytone Electronic Co and more

Wireless Charging Ics Market Segmented by Region/Country: US, Europe, China, Japan, Middle East & Africa, India, Central & South America

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Type of Wireless Charging Ics Market:

Relays

Circuit Breakers

Others

Application of Wireless Charging Ics Market:

Healthcare

Automotive

Consumer Electronics

Industrial

Others

Reasons for Buying Wireless Charging Ics Market Report:

  • The report performs an analysis of the dynamic competitive landscape that can help the reader/client move ahead in the global market.
  • It also presents an in-depth view of different factors driving or restraining the growth of the global market.
  • The Global Wireless Charging Ics Market report provides a five-year forecast derived on the basis of the potential growth of the market.
  • It helps formulate profitable business decisions by offering thorough insights into the global market and by creating a comprehensive analysis of pivotal market segments and subsegments.

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Table of Content

Chapter 1: Industry Overview

Chapter 2: Wireless Charging Ics Market International and China Market Analysis

Chapter 3: Environment Analysis of Market.

Chapter 4: Analysis of Revenue by Classifications

Chapter 5: Analysis of Revenue by Regions and Applications

Chapter 6: Analysis of Wireless Charging Ics Market Revenue Market Status.

Chapter 7: Analysis of Industry Key Manufacturers

Chapter 8: Conclusion of the Wireless Charging Ics Market Industry Research Report.

Continued to TOC

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