Wireless Charging Market Size, 2017-2025 | Industry Report
Wireless
Charging is a technology for transmitting power through a wireless medium
(an air gap) to electrical devices in order to replenish their energy. In this
technology, a power source transmits electromagnetic energy without
interconnecting cords to an electrical load, across an air gap. Wireless
charging technologies can be majorly classified into radiative RF based
charging and non radiative coupling based charging. Radiative RF based charging
can be further classified into directive RF power transfer and non-directive RF
power transfer. Non radiative coupling based charging technology can be further
classified into, capacitive coupling, inductive coupling and magnetic resonance
coupling.
Wireless
charging has immense benefits as compared to traditional wired charging. For
instance, much smaller electronic devices as compared to those existing today,
can be designed and fabricated with the elimination of batteries. Such electrical-contact
free devices can be more durable as they can be easily designed to be water
proof and dust proof. The technology can provide incomparable flexibility,
especially for devices for which replacing batteries or charging them is
hazardous, costly or infeasible as in case of body-implanted sensors.
Conventional wireless sensors have a limited battery life and hence they need
to be replaced periodically which is a primary performance bottleneck for these
sensors. Recent research in the field of energy transfer through wireless
mediums has derived a technological breakthrough to eliminate such performance
bottlenecks. In other words, it has enabled the sensor networks to remain
operational for a longer period of time. Wireless charging technology has
greatly reduced the inefficiency of wireless sensors as energy can be provided
to these sensors through coupling coils placed at a distance. As compared to
battery replacement, this approach is more robust and it also minimizes the
requirement for accurate sensor positioning.
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The major driving factors for the growth of wireless charging market are
technological advancements in portable electronics and wearable electronic
devices (such as smart-watches) along with increasing sales of electric vehicle
across the world. Rising awareness about air pollution due to large scale
fossil fuel consumption and emissions from automobiles is contributing to
increased demand for electric vehicles by customers. Significant research and
development activities are carried out by major players in automotive industry
on improving power transmission range. These factors will considerably
contribute to the future growth of the wireless charging market. However,
incompatibility of the technology with most of the existing electronic devices
can hinder the growth of wireless charging market during coming few years.
The research and development of wireless charging technology
is majorly focused towards two directions viz. radio frequency (RF) based
wireless charging (or radiative wireless charging) and coupling based wireless
charging. Due to the safety issues associated with radio frequency exposure,
radiative charging operates in low power requirement applications. As a result,
non radiative wireless charging technique is finding large scale acceptance in
consumer appliances such as electric toothbrushes and electric vehicle
chargers.
The key players operating in the wireless charging market
emphasize on advanced research and development to come up with sophisticated
new age wireless charging solutions to gain the first mover advantage and to
capture a major share of this emerging market. For instance, in July 2016,
Texas Instruments Inc. introduced the industry’s first Qi certified 15 W
wireless power transmitter, the bq501210. It enables 84% system efficiency and
considerably low thermal dissipation as compared to existing traditional
wireless devices. The bq501210 supports multiple fast charging protocols and
has different customizable and flexible features meant for medical applications,
space constrained industrial applications and consumer electronics. Likewise,
in May 2017, Qualcomm Technologies, Inc. demonstrated the wireless dynamic
electric vehicle charging (DEVC) technology which allows electric vehicles to
charge dynamically up to 20 KW at highway speeds.
Major Market Players:
Ø
Fulton Innovation LLC
Ø
WiTricity Corporation
Ø
Texas Instruments Incorporated
Ø
Convenient Power HK Limited.
Ø
Murata Manufacturing Co., Ltd.
Ø
Energizer Holdings, Inc.
Ø
Powermat Technologies
Ø
Anker Technology Co. Limited
Ø Oregon
Scientific Global Distribution Ltd.
Wireless
Charging Market Segmentation
By
Technology:
- Resonant
- Inductive
- RF
- Others
By
Application:
- Consumer Electronics
- Industrial
- Automotive
- Defense
- Healthcare
- Others
By
Region:
- North America
o U.S
o Canada
o Mexico
- Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
- Asia-Pacific
o Japan
o China
o Australia
o India
o South Korea
o Rest of Asia-Pacific
- Rest of the World
o Brazil
o South Africa
o Saudi Arabia
o Turkey
o United Arab Emirates
o Others
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