Wireless Charging Market size and Key Trends in terms of volume and v Wireless Charging Market size and Key Trends in te | Page 4

Report
Description
Report Description
wireless charging are lack of standardization and expensive infrastructure to pursue
technological developments.Many advanced products are still in experimental phase but
on the other hand these products have a bright future opportunity.
Wireless charging can be broadly categorized into two types depending upon proximity of
distance between transmitter and receiverand range of devices. Further, these two types
can be sub-segmented into six sub categories such as radio charging, inductive charging
and resonance charging are included under proximity of distance between transmitter
and receiver and high range, mid-range and low range are included under range of
devices. On the basis of application,the global wireless charging market is segmented
intoconsumer electronics, medical healthcare, automobile & aerospace, defence and
industrial automation. On the basis of geographical target market, itis segmented into
North America, Latin America, Asia Pacific, Japan, Western Europe, Eastern Europe, and
Middle East & Africa.
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Companies engagedin the development of wireless charging technologies are in the
process of resolving compatibility issues associated with charger and charging points.
Manufacturers of different handheld devices, prominently HTC, Nokia and LG, are already
in the process of manufacturing wireless chargeable smartphones and tablets. The
market experts are focusing on the development of standard wireless charging
technology, which w ill be commonly useful for the advanced devices of various
applications such as medical, and semiconductors.