Market Revenue Wireless Charging Industry Revenue | Page 2

Defence and healthcare are anticipated to surface as one of the most promising application sectors over the
forecast period. Continuous efforts in research and development at Stanford University has resulted in a new
way to charge sensors wirelessly in addition cybernetic implants, making way for new generation ultra-small
gadgets that can penetrate deep inside the body.
Standard Insights
Few Associations such as WPC and PMA specialize in inductive technology, and A4WP’s Rezence is specialized
in resonant technology. However, in June 2015, PMA announced its merger with A4WP and PMA and named it
Air Fuel Alliance in November 2015. Hence, WPC and its Qi platform was the sole effective platform for inductive
technology.
The merger proved to simplify decision making for hardware developers relieving them from the task of
complying with three different standards. However, the combined body of A4WP and PMA poses few technical
challenges. Qi, similar to PMA, uses closely connected inductive solution in addition to the newly added
specification that employs resonance technology and provisions backward compatibility for Qi receiver devices
such as laptops, smartphones and tablets.
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Technology Insights
Latest technology including resonant and radio frequency (RF) is anticipated to materialize into one of the
attractive technologies in the industry. Resonant technology is portable and doesn’t require a direct contact
thus providing convenience to customers. It also assists in powering devices within small distances. Multiple-
device charging in a single go is also a feature of RF-based technology. Owing to its ability to eliminate alignment
in case of small devices such as medical implants and wearables, RF-based technology is projected to achieve
some prominence over the forecast period. On account of its perceived advantages, several organisations
including Humavox have been heavily investing in this technology.
Nearly 50% of the overall share by revenue was contributed to by inductive technology which is relatively older
to others. Inductive technology is employed by leading standards and technologies such as PMA and WPC which
use Qi technology. Inductive has thereby spurred market growth significantly in 2014. Additionally, Electric
Vehicles (EVs) also employ inductive technology for charging purposes.
Regional Insights