The universal Wireless Charging IC market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Wireless charging is the transmission of energy from a power source to a device without wires or cables. A wireless charging technology is comprised of two parts, a transmitter (the actual charging station itself) and a receiver (which is inside the device you are charging). Wireless Charging ICs are the core part of Wireless Charging technology.
The market is fragment, the key players are IDT, Texas Instruments, NXP/Freescale, ADI/Linear Tech, Qualcomm, Broadcom, STMicroelectronics, On Semiconductor, Semtech, ROHM, Toshiba, Panosonic, Maxim, Generalplus, E-Charging Inc. (CPS), CVSMicro, Xiamen Newyea Tech, ZoneCharge, BOEONE and so on. The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.
Witnessing the huge market potential, several new players have entered the global market for wireless charging ICs over the past decade. It is expected that the entry of new players into the global market will prompt a counter response from the existing players. This response could take the shape of better and more innovative strategies, introduction new product lines, or expansion of geographical reach. Although the current competitive landscape of the global wireless charging IC market is largely consolidated, it is expected to undergo progressive fragmentation over the forthcoming years.
Asia Pacific was the largest market for Wireless Charging IC market globally, with a share exceeding 70% in 2017. Growing use of the product owing to its superior characteristics has been fueling growth of the market in this region.
In the global Wireless Charging IC market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In market segmentation by manufacturers, the report covers the following companies-
IDT
Texas Instruments
NXP/Freescale
ADI/Linear Tech
Qualcomm
Broadcom
STMicroelectronics
On Semiconductor
Semtech
ROHM
Toshiba
Panosonic
Maxim
Generalplus
E-Charging Inc. (CPS)
CVSMicro
Xiamen Newyea Tech
ZoneCharge
BOEONE
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types :
Transmitter ICs
Receiver ICs
In market segmentation by applications :
Smart Phones and Tablets
Wearable Electronic Devices
Medical Devices
Automobile Devices
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Wireless Charging IC market for the forecast period 2020 - 2025?
• What are the driving forces in the Wireless Charging IC market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Wireless Charging IC industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?