Market Analysis Report Wireless Charging Market | Page 2

Your Catalyst to a Lucrative Business expected to exceed USD 3.5 billion by 2024 growing at a CAGR of over 45 % from 2016 to 2024. This is mainly because it eradicates the necessity for appropriate alignment in case of any small devices. Regionally, the United States occupied over 30 % of the total revenue in 2015. High tendency to spend on these devices because of the high levels of technological awareness and advancements are anticipated to favorably impact the market growth. In addition to this, significant technological proliferation across various application sectors is also likely to be a key growth driver. The Asia-Pacific wireless charging market is projected to reach USD 12 billion by 2024 growing at a healthy CAGR of over 35 % during the estimated years. The major companies in the global market include WiTricity Corp.; PowerbyProxi Ltd.; Qualcomm Inc.; and Integrated Device Technology Inc. (IDT). New players generally work together with technology providers and then launch their products. However, huge set-up costs may pose a challenge to these new companies that want to establish and develop their market presence. Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/next- generation-technologies-industry Table of Contents Chapter 1. Methodology and Scope 1.1. Research Methodology 1.1.1. Initial data exploration 1.1.2. Statistical modeling and forecast 1.1.3. Industry insights and validation 1.2. List of Data Sources Chapter 2. Executive Summary 2.1. Wireless charging industry 3600 synopsis, 2016 - 2024 2.1.1. Business trends 2.1.2. Application trends 2.1.3. Regional trends Chapter 3. Wireless Charging Industry Insights 3.1. Industry segmentation 3.2. Industry size, forecast and growth prospects, 2016 - 2024 3.3. Industry ecosystem analysis 3.3.1. Supply landscape 3.4. Technological overview 3.4.1. Wireless charging standards 3.5. Wireless charging industry dynamics 3.5.1. Growth drivers 3.5.1.1 Growing smartphones demand 3.5.1.2 High degree of convenience 3.5.1.3 Technological innovation 3.5.2. Industry pitfalls & challenges 3.5.2.1 Need for standardization 3.6. Key market growth opportunities 3.7. Porter’s analysis Follow Us: