Wireless Charging ICs Market Revenue to close by 2027
Posted On December 08, 2021
The Global Wireless Charging ICs Market revenue is anticipated to grow at a steady rate till 2027 as per the report published by Value Market Research. Increased use of wireless charging in electronic devices such as smartphones and tablets, Increasing demand for wearable medical gadgets such as smartwatches and fitness bands, and rising use of electric vehicles and other wearable medical devices are among the significant factors driving the global market a rapid pace. Various variables influence the global market, including rising applications in different medical devices such as pacemakers and neuro-simulators. Due to a significant interruption in a supply chain throughout the globe due to lockdown conditions in many nations, the global pandemic COVID-19 is anticipated to impede the expansion of wireless charging ICs.
Because of its electromagnetic qualities, wireless charging, also known as inductive charging, is gaining popularity. The power reception and charge/discharge system and the power transmission system are all included in the wireless charging IC. A transformer coupling comprising two inductor coils transfers energy from a charging station to a wireless device. Since, a sender coil is part of an inductive charger or charging station. The wireless device receiver coil is placed adjacent to the sender coil. A transformer is created, and a current is induced in the receiver coil next to it. Wireless charging is advantageous because it eliminates the need for conductive connectors, insulating charging connections, and securing devices. Wireless charging ICs can be used in various industries, including electronics, automobiles, and medicine.
The geographical and segmentation study covered in the report "Global Wireless Charging ICs Market Report By Substrate (Organic, Inorganic), By Type (Transmitter ICs, Receiver ICs), By Application (Tablets And Smartphones, Medical Devices, Wearable Electronic Devices, Automobile Devices, Others), By Component (Relays, Circuit Breakers, Power Solution) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2027" helps in understanding the upcoming trends of the market.
On the basis of substrate the market is segmented into Organic, Inorganic. By type the XXX market is categorised as Transmitter ICs, Receiver ICs. By application the wireless charging ICs market is categorised as Tablets and Smartphones, Medical Devices, Wearable Electronic Devices, Automobile Devices, Others. Based on component the wireless charging ICs market is segmented as Relays, Circuit Breakers, Power Solution. Geographically the research study provides data on North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions. This section provides the estimates of market by segment, thus providing valuable data to take strategic decisions.
The Report Segments Global Wireless Charging ICs Market -
- Transmitter ICs
- Receiver ICs
- Tablets and Smartphones
- Medical Devices
- Wearable Electronic Devices
- Automobile Devices
- Circuit Breakers
- Power Solution
- North America
- Latin America
- Middle East & Africa
Players Profiled In the Report:
Broadcom, Qualcomm Incorporated, Texas Instruments, Toshiba Corp., On Semiconductor, NXP Semiconductors, Vishay Intertechnology, MediaTek, Linear Technology, ROHM Semiconductor.
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