Wireless charging, also referred to as inductive charging, is a method of transferring power without the use of cords, utilizing electromagnetic induction to supply electricity to portable devices. It is commonly employed for charging smartphones, tablets, and smartwatches, functioning through the principle of inductive power transfer, where energy is transmitted between two objects using an electromagnetic field. The wireless charging system consists of receiver and transmitter components and incorporates other technologies like resonance charging and radiofrequency technology.
In addition to its application in consumer electronics, wireless charging is utilized in diverse areas such as electric vehicle charging, electric toothbrushes, power tools, and medical devices. The convenience of wireless charging lies in its ability to charge devices without requiring physical contact or precise alignment with a charging station or inductive pad. Furthermore, wireless charging explores various alternatives such as resonance charging, radiofrequency technology, laser beam, microwave, and conductive technologies to achieve efficient energy transfer.
Market Dynamics
The global wireless charging market is primarily driven by the increasing sales of electric vehicles worldwide. The growing popularity of electric vehicles can be attributed to their low maintenance and cost-effectiveness. According to the International Energy Agency (IEA) ,10 million electric cars were sold in 2022, and was expected to grow by 35% further. As automakers adopt wireless charging technology, it offers convenience and ease of use for charging electric vehicles. Users simply need to park their cars over the charging pad, eliminating the need for plug-in charging cables and providing a sophisticated charging experience.
Furthermore, the rise in consumer awareness about wireless charging, driven by technological advancements in mobile devices, has shifted consumer preferences towards wireless charging. Major mobile device vendors are incorporating wireless charging features in high-end models of laptops, smartphones, wearables, and notebooks, further supporting the growth of the global wireless charging market. For instance, Google Nexus 6 smartphone features Qi wireless charging technology, highlighting the increasing adoption of wireless charging in the consumer electronics sector.
Key features of the study:
Detailed Segmentation
Detailed Segmentation
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