Wireless Charging Market Segmentation:
Technology Segment Analysis
The inductive segment is estimated to account for a 45% share of the global wireless charging market in 2035. The combination of wireless charging with smart home techniques is stimulating new developments in consumer electronics. Companies are developing solutions that merge multiple functions to boost connected living convenience. For instance, in February 2023, Samsung introduced the SmartThings Station, a multifunctional device that serves as both a wireless charger and a smart home hub. The device supports up to 15W wireless charging and allows users to control smart devices via the SmartThings app, streamlining both power and home automation in one compact unit. Such developments by the manufacturers are fueling the segmental growth.
End users Segment Analysis
The healthcare segment is expected to expand at a rapid rate during the forecast period. Medical wearables are incorporating energy-harvesting technology, which makes them less dependent on traditional charging devices. Researchers are exploring power systems built from biobatteries combined with energy scavenging approaches to provide power for implantable sensors. These device developments aim to establish independent power systems that reduce the requirement for battery replacement frequency and promote better patient experiences.
Our in-depth analysis of the global wireless charging market includes the following segments:
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