Embedded wireless chargers have revolutionized the electronics industry and have brought a solution to messy wires.

  • The global wireless charger market reported an annual growth of approximately 40% in 2016.

Wireless charging is being adopted by most smart device companies. This technology eliminates the use of physical connectors and cables, thereby increasing efficiency and safety over traditional charging cables. Thus, the rising popularity of portable chargers and the growing demand for convenience have increased the usage of wireless chargers.Sensing new opportunities in the wireless charging market, manufacturers are moving a level up and have designed embedded wireless chargers.

The rapid adoption of smartphone across the globe is a major reason for the growing popularity of embedded wireless chargers. The smartphone penetration is growing annually due to rising disposable income, growing number or working-class population, and declining prices of smartphones is fueling the growth of the market.

Smart wearables are also coming with wireless charging features.  Currently, people prefer using products and technology that are convenient and easy to use, thus wireless charging is attracting consumers.Another, major factor contributing to the growth of such wireless charging is that it minimizes heating of devices and effectively charges the phone. People can easily leave their phone, laptop, smart watch, smart wearables, camera, and hearing aids over the desk, and they will get charged automatically. This ease and convenience is driving the demand for wireless chargers, which in turn, are driving the embedded wireless charger market.

Read: Embedded Wireless Charger Market - Global Outlook and Forecast 2018-2023

Increasing popularity of Qi-based charging

Wireless charging has changed the power industry completely. Manufacturers are trying to introduce common platform-based chargers that can support all devices. Qi is a wireless standard interface. It facilitates wireless charging at any place, creates an open eco-system, which is highly efficient and safe to use. For instance, Powermat, a leading embedded wireless chargerprovider, installed wireless chargers in Starbucks Coffee Shops, after Apple’s announcement to make its iPhone 8 and future phone series Qi wireless charging compatible. Similarly, McDonalds, one of the largest QSR chains, installed the Qi compatible facility in their outlets. Transports hubs such as the Eurostar and the JFK and LAX airports have also installed Qi-compatible chargers.

Increasing popularity of Qi-based charging

Wireless charging has changed the power industry completely. Manufacturers are trying to introduce common platform-based chargers that can support all devices. Qi is a wireless standard interface. It facilitates wireless charging at any place, creates an open eco-system, which is highly efficient and safe to use. For instance, Powermat, a leading embedded wireless chargerprovider, installed wireless chargers in Starbucks Coffee Shops, after Apple’s announcement to make its iPhone 8 and future phone series Qi wireless charging compatible. Similarly, McDonalds, one of the largest QSR chains, installed the Qi compatible facility in their outlets. Transports hubs such as the Eurostar and the JFK and LAX airports have also installed Qi-compatible chargers.

Growing number of smartphones and other connected devices

  • 21% of the world’s population is estimated to use smartphones by 2020

Over a third of the world’s population owned smartphones in 2017. Western Europe is likely to become the largest regional market as over 70% of its total population is expected to own a smartphone by 2020. In North America, around 70% of the population is expected to own a smartphone by 2020.The global wireless charger market reported an annual growth of approximately 40% in 2016.  The availability of wireless charging phones from Samsung and Apple has flooded the market with wireless chargers. Further, the introduction of wireless charging enabled laptops from Witricity and Dell is expected to boost the demand for wireless chargers.  In the US, approximately 30% of consumers have used wireless charging and is likely to use again.

Further, the number of smartphone users is predicted to grow more than 3 billion in 2020, with smartphone penetration rates increasing. About 39.21% of the world’s population is estimated to use smartphones by 2020, which is an increase from 26.14% in 2015.

Read: Embedded Wireless Charger Market - Global Outlook and Forecast 2018-2023

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