The global demand for Wireless Charging ICs Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Wireless charging or inductive charging is gaining popularity owing to its wireless properties. Wireless charging IC includes power receiving and charge/discharge system, and the power transmitter system. To transfer energy from a charging station to a wireless device transformer coupling of two inductor coils is used. An inductive charger or the charging station consists of a sender coil. The wireless device receiver coil is placed adjacent to the sender coil. High-performance AC is injected into the sender coil. A transformer is formed and current is induced in the adjacent receiver coil. Wireless charging is beneficial as it does not require conductive connectors and makes charging connections insulated and devices secured. Wireless charging ICs are applicable in various end-user industries including electronics, automobile, and medical sectors.
The major aspects that are driving the global market at a fast pace, include increasing usage of wireless charging in electronic devices such as smartphones and tablets, increasing usage in electric vehicles, and growing demand for wearable medical devices such as smartwatches, fitness bands, etc. The factor such as increased application in other medical devices such as pacemakers and neuro-simulators is further driving the global market. The global pandemic COVID-19 is likely to hamper the growth of the wireless charging ICs due to a major disruption in a supply chain across the globe owing to lockdown conditions in many countries.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of wireless charging ICs.
The entire wireless charging ICs market has been sub-categorized into substrate, type, application and component. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Transmitter ICs
- Receiver ICs
- Tablets and Smartphones
- Medical Devices
- Wearable Electronic Devices
- Automobile Devices
- Circuit Breakers
- Power Solution
This section covers regional segmentation which accentuates on current and future demand for wireless charging ICs market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Wireless Charging ICs Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the wireless charging ICs market include Broadcom, Qualcomm Incorporated, Texas Instruments, Toshiba Corp., On Semiconductor, NXP Semiconductors, Vishay Intertechnology, MediaTek, Linear Technology, ROHM Semiconductor. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.