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With Constant Technological Developments, Global Wireless Charging ICs Market to Witness Mammoth CAGR of 29% for Period of 2019 to 2027 - TMR

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Transparency Market Research

12 May, 2020, 14:30 GMT

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  • Consumer purchasing preferences suggest that a gradual inclination towards wireless charging over traditional methods of charging
  • Constant technological innovations and developments are likely to present lucrative growth opportunities for the overall development of the global wireless charging ICs market in the near future

ALBANY, New York, May 12, 2020 /PRNewswire/ -- Transparency Market Research has now published a new research report that talks about the working dynamics of the global wireless charging ICs market. The research report tried highlight the important growth factors, inhibiting factors, key segments, current geographical outlook, and the overall state of the vendor landscape of the global wireless charging ICs market.

According to the research report, the global market for wireless charging ICs is expected to clock a mammoth CAGR of 29% over the course of the given period of forecast ranging from 2019 to 2027. Given such a high rate of growth, the valuation of the global market is projected to rise up to around US$58 Bn by the end of forecast period in 2027.

Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=17789

Global Wireless Charging ICs Market – Key Takeaways

  • As per the research report, the global wireless charging ICs market has been segmented in terms of type of ICs, component, power solution, application, and region.
  • Based on type, the global market is segmented into transmitter ICs and receiver ICs.
  • Based on component, the global market is segmented into relays, circuit breakers, and others. Of these, the segment of relays is expected to witness a highly promising rate of growth in coming years of the forecast period.
  • Based on the power solution, the wireless charging ICs market is segmented into high power solutions, medium power solutions, and low power solutions.
  • In terms of application, the global market for wireless charging ICs can be segmented into medical devices, wearable electronic devices, smart phones and tablets, automobile devices, and others. Of these, the global market is being dominated by the segment of smart phones & tablets.
  • However, in the near future, the segment of automobile is projected to witness a highly promising rate of growth with the introduction of electric vehicles.

Explore a report with detailed research, incisive insights, and in-depth country levels estimations. Gain business intelligence on global Wireless Charging ICs Market (Type: Transmitter ICs and Receiver ICs; Component: Relays, Circuit Breakers, and Others; Power Solution: Low Power Solution, Medium Power Solution, and High Power Solution; and Application: Smart Phones & Tablets, Wearable Electronic Devices, Medical Devices, Automobile Devices, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027 at https://www.transparencymarketresearch.com/wireless-charging-ics-market.html

Global Wireless Charging ICs Market – Key Driving Factors

  • There are several notable factors that are responsible for the growth of the global wireless charging ICs market. One of the key growth factors is the range of benefits it offers over traditional mode of charging.
  • Wireless charging is cost efficient, highly effective, and secure. Such range of benefits make them an ideal choice of large number of consumers and thus helping to drive the growth of the overall market.
  • Another important driving factor for the development of the global market is the increasing demand for installation of wireless charging devices form both public as well as retail outlets.
  • In addition to this, with constant technological developments and innovations, there will be ample lucrative opportunities for the growth of the global market.

Global Wireless Charging ICs Market – Notable Restraints

  • One of the key restraining factors for the growth of the global wireless charging ICs market is the concern related to compatibility.
  • Manufacturers are not able to deploy any other technique or method other than Qi Standard for development of any new segment of product. It is also expected to hamper the growth of the market in the coming years of the forecast period.

Analyze Global Wireless Charging ICs Market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea, Request a sample of the study.

Global Wireless Charging ICs Market – Regional Segmentation

  • Asia Pacific is expected to emerge as the leading regional segment of the global wireless charging ICs market.
  • Increasing demand from consumers of emerging economies such as India and China is the key driving factor for the growth of the Asia Pacific market.

View Detailed Table of Contents at https://www.transparencymarketresearch.com/report-toc/17789

Global Wireless Charging ICs Market – Key Players

Some of the key companies operating in the global wireless charging ICs market are NXP Semiconductors, Vishay Intertechnology, Inc., MediaTek Inc., Qualcomm Inc., Texas Instruments Inc., Broadcom Corporation, Toshiba Corporation, and On Semiconductors among others.

The global wireless charging ICs market is segmented on the basis of:

  • Application
    • Smart Phones & Tablets
    • Wearable Electronic Devices
    • Medical Devices
    • Automobile Devices
    • Others
  • Type
    • Transmitter ICs
    • Receiver ICs
  • Region
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Explore Transparency Market Research's award-winning coverage of the Global Electronics & Semiconductors Industry:

AC-DC Power Supply Adapter Market – The power supply sector has witnessed notable technological advancements over the past couple of decades. The growing demand for AC-DC power supply adapters for use in low-voltage high current processor applications is a major factor that is likely to provide an impetus for growth of the AC-DC power supply adapter market in the upcoming years.

Laser Designator Market – Scientific and technical progress over the past decade has played a key role in increasing the deployment of lasers in the defense sector. The growing demand for laser designators for airborne military applications is another major factor that is likely to boost the prospects of the laser designator market during the assessment period.

Pulsed Laser Deposition Systems Market – The demand for solar energy systems has witnessed exponential growth worldwide in the past few years and the trend is set to continue in the forthcoming years– a factor that is likely to boost the pulsed laser deposition systems market during the forecast period. Pulsed laser deposition systems are increasingly being used to develop carbon thin films with the enhanced crystal structure.

Sensor Signal Conditioner (SSC) ICs Market – Unmanned aerial vehicle (UAV) propulsion systems are witnessing commercial applications beyond their traditional relevance in the military and Defense sector, and are likely to draw volume sales tantamount to ~5.8 Bn units by the end of 2027.

Gain access to Market Ngage, an AI-powered, real-time business intelligence that goes beyond the archaic research solutions to solve the complex strategy challenges that organizations face today. With over 15,000+ global and country-wise reports across 50,000+ application areas, Market Ngage is your tool for research on-the-go. From tracking new investment avenues to keeping a track of your competitor's moves, Market Ngage provides you with all the essential information to up your strategic game. Power your business with Market Ngage's actionable insights and remove the guesswork in making colossal decisions.

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr Rohit Bhisey
Transparency Market Research
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Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com 
Website: http://www.transparencymarketresearch.com 
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