Wireless Charging ICs Market: is expected to grow at a CAGR of 24% during the forecast period and market is expected to reach US$ 25.15 Bn by 2029.
Wireless Charging ICs Market Overview:
The purpose of this report is to provide a thorough examination of the Wireless Charging ICs Market by segments and geographics. The study goes into great detail on the primary factors influencing the Wireless Charging ICs market’s growth. The study also offers a comprehensive analysis of the market’s value chain.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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Market Scope:
The “Global Wireless Charging ICs Market Analysis” is a detailed investigation of the Wireless Charging ICs market, with a focus on global market trends and analysis. The goal of this research is to provide an overview of the Wireless Charging ICs market as well as detailed market segmentation by application, end-use, and geography. The Wireless Charging ICs market is expected to develop substantially over the forecast period. The study contains critical information on the market positions of the leading Wireless Charging ICs players, as well as noteworthy industry trends and opportunities.
The research method used to assess and anticipate the Wireless Charging ICs market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segment estimation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Wireless Charging ICs market was calculated using the revenue of significant enterprises.
Segmentation:
According to type, consumer demand for receiver ICs is higher than for transmitter ones, and it is anticipated that over the next several years, this product will continue to command the highest price in the market. In 2022, the former accounted for more than 64% of demand. Due to their numerous product charging capabilities, receiver IC sales are expected to benefit from the remarkable expansion of wireless charging in the future.
With a market share of over 32% in 2022, Asia Pacific led the world and is expected to continue to dominate this industry going forward. One of the main growth drivers for the Asia Pacific market for wireless charging ICs is the increasing demand for these ICs in the consumer electronics industry. This neighbourhood market.
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Key Players:
The major players covered in the Wireless Charging ICs market report are
• NXP Semiconductors (Netherlands)
• MediaTek Inc. (Taiwan)
• Qualcomm Inc. (U.S)
• Texas Instruments Inc. (U.S)
• Broadcom Corporation (U.S)
• Toshiba Corporation (Japan)
• On Semiconductor (U.S)
• Linear Technology (U.S)
• ROHM Co. Ltd.(Japan)
• Analog Devices Inc.
• Integrated Device Technology, Inc.
• WÜRTHELEKTRONIK GMBH & CO. KG
• Vishay Intertechnology, Inc.
• TDK Corporation
• Elytone Electronic Co., Ltd.
• Energizer Holdings, Inc.
• Ossia Inc.
• Samsung Group
• WiTricity Corporation
• Momentum Wireless Power
Regional Analysis:
Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
COVID-19 Impact Analysis on Wireless Charging ICs Market:
Aerospace and defense, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 outbreak. COVID-19 has had an impact on the Wireless Charging ICs market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spread. Our most recent inquiry, opinions, and bits of knowledge on the market are critical to the businesses and associations in the Wireless Charging ICs industry,
Key Questions Answered in the Wireless Charging ICs Market Report are:
- Which segment grabbed the largest share in the Wireless Charging ICs market?
- What was the competitive scenario of the Wireless Charging ICs market in 2021?
- Which are the key factors responsible for the Wireless Charging ICs market growth?
- Which region held the maximum share in the Wireless Charging ICs market in 2021?
