Wireless Charging Market Share & Trends Will Hit USD 22.25 Billion By 2022 : Grand View Research Inc.
San Francisco, 10 April 2019: The Report Wireless Charging Market Analysis By Technology (Inductive, Resonant, RF), By Application (Automotive, Consumer Electronics, Industrial, Healthcare, Defense) And Segment Forecasts To 2022 The global Wireless Charging Market is projected to reach USD 22.25 billion by 2022. Increase in the demand for hassle-free charging pads is driven by factors including entangling of charging cable, insufficient availability of electric sockets in public places and malfunctioning ports due to continuous usage. These key factors are expected to increase the popularity of wireless power systems. Adoption of this technology in sectors such as healthcare and military services is expected to offer new horizons for market growth and provide new opportunities to expand. Compatibility issues with solution standards set up by wireless charging associations, namely Wireless Power Consortium (WPC) and Air Fuel Alliance, are expected to pose a challenge for the