Technology (Inductive, Magnetic Resonance, Radio Frequency)
The inductive segment is estimated to account for 45% share of the global wireless charging market in the year 2037. The inductive technology can be integrated into various surfaces, objects, or furniture items, offering unique charging solutions. For instance, wireless charging pads can be embedded in desks, countertops, or even car interiors, enabling seamless charging capabilities in different environments. This integration potential expands the application and convenience of induction wireless charging. Furthermore, there have been various technological improvements in the charging power and speed over the years, which further augments the segment’s gain.
End Users (Automotive, Electronics, Healthcare, Defense, Industrial)
The healthcare segment will grow at a significant CAGR over the forecast period and is slated to garner a significant division of around 43% till 2037. Wireless charging is integrated directly into medical devices and equipment, ensuring that they remain powered up and readily available when needed. They can be used for charging patient monitoring systems, wearable medical devices, or implantable devices. Moreover, cables and connectors can harbor bacteria or other pathogens, making them difficult to clean and maintain properly. Wireless charging eliminates the need for a physical connection, reducing the risk of contamination.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Abhishek Verma
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