Shibuya-ku, Tokyo, Japan, Japan, Feb 03, 2021, 05:39 /Comserve / -- The major vendors in the global embedded wireless charger market are: Powermat Technologies Ltd, Aircharge, Zens Group BV, U-way, Legrand, EazyCharge, Channel Well Technology (CWT), Leggett & Platt, Wi-Charge, Mopar, Mojo Mobility
The global embedded wireless charger market is expected to generate revenues of approximately $4 billion by 2023, growing at a CAGR of more than 34% during 2017-2023. This market research report also offers market share analysis in terms of unit shipment volume during the forecast period. The growing integration of advanced features in these systems has led to the development of state-of-the-art infotainment systems and the need for in-car chargers in the global market. The growth in emerging regions, with ongoing industrialization, and global trade activity, especially in the BRICS countries will create lucrative opportunities for leading vendors in the market.The global embedded wireless charger market is driven by the improvement in their living standards and an increase in per capita disposable income. The introduction of modern technologies such as infotainment systems and cockpit electronics. The market research report provides in-depth market analysis and segmental analysis of the global embedded wireless charger market by technology, end-user type, distribution channels, and geography.
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The major vendors in the global embedded wireless charger market are:
• Powermat Technologies Ltd
• Aircharge
• Zens Group BV
• U-way
• Legrand
• EazyCharge
• Channel Well Technology (CWT)
• Leggett & Platt
• Wi-Charge
• Mopar
• Mojo Mobility
Key Vendor Analysis
The global embedded wireless charger market is witnessing intense competition due to the presence of a few top players who are competing amongst them. The vendors are investing in continual innovations and upgrades to sustain the fierce competition in the market. The players are competing by continual innovations and upgrades. The entrant of several other new companies will increase the level of competition in the global market. The introduction of many innovative and advanced solutions will enable vendors to gain a larger global embedded wireless charger market share. Additionally, vendors are distinguishing their products and service offerings through a clear and unique value proposition to attract new consumers in the global market.
Embedded Wireless Charger Market - Segmentation
This market research report includes a detailed segmentation of the market by technology, end-user type, distribution channel, and geography.The global embedded wireless charging market by technology is segmented into inductive and resonant. Resonant technology segment dominated more than 1/3rd of the total market share in 2017, growing at a CAGR of around 36% during the forecast period. The increasing use of resonance technology to charge electronic devices over 3-5meters is driving the growth of this segment in the global market. This technology is perfect for devices that require a large amount of power, such as electric cars, robot, vacuum cleaner or laptops. The inclusion of resonant technology in both Qi and Airfuel Alliance will drive the growth of the global embedded wireless charging market.
The end-user segment in the global embedded wireless charging market is divided into public, corporates, transport, domestic, and other. The domesticsegment will gain around 3% market share by 2023, growing at CAGR of more than 39% during the forecast period. The rising number of smart home and home furniture with embedded chargers is attributing to the growing demand in the global embedded wireless charging market. The wider adoption of consumer IoT ecosystem will transform the global market over the next few years.The distribution channel segment in the global embedded wireless charger market is categorized into aftermarket and OEM. The aftermarket segment occupied more than half of the total market share in 2017. The growing awareness, adoption of smart tech by hotels, restaurant, and café and increasing number of smart phone users are some of the factors attributing to the growth of this channel in the global market. The growing number of DIY products and increasing availability of these chargers online will boost the need for aftermarket services in the market.
Table of Content
1 Research Methodology
2 Research Objectives
3 Research Process
4 Report Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of Study
4.3.1 Market Segmentation by Technology Type
4.3.2 Market Segmentation by End-user Type
4.3.3 Market Segmentation by Distribution Channel
4.3.4 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Inclusions
5.3 Exclusions
5.4 Currency Conversion
5.5 Market Derivation
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Key market insights include
1. The analysis of the global embedded wireless charger market provides market size and growth rate for the forecast period 2018-2023.
2. It offers comprehensive insights into current industry trends, trend forecast, and growth drivers about the global embedded wireless charger market.
3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.
4. It offers a complete overview of market segments and the regional outlook of the global embedded wireless charger market.
5. The report offers a detailed overview of the vendor landscape, competitive analysis, and key market strategies to gain competitive advantage.
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