The Global Wireless Power Market was valued at USD 6.46 million in 2017, and is expected to grow at a CAGR of XX% by 2025. Mobile phones remain the primary driver which drives the development of wireless power market. This market grew approximately 35% in 2016.
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The rising demand of consumer electronics, growing consumer awareness of the benefits of wireless power, and awareness about battery technology is supplementing the growth of this market in the forecast period.
Mobility issues and longer charging time required for the devices are the potential challenges which would offset the growth trend.
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The growing efficiency of power transmission is expected to create an opportunity in the market. Development in the IT & telecom sector is creating an opportunity in the increase of wireless power market.
Asia Pacific is expected to be one the largest market owing to positive electronics industry. Growing automobile industry in China would have a positive impact on wireless power market over the forecast period.
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TABLE OF CONTENT :
1 Executive Summary
2 Methodology And Market Scope
3 Wireless Power Market — Industry Outlook
4 Wireless Power Market By Technology Outlook
5 Wireless Power Market By Application Outlook
6 Wireless Power Market By Regional Outlook
7 Competitive Landscape
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