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Global Wireless Charging Market Registering A CAGR of 41.79% Between 2019 And 2024
By: BIS Research
BIS Research Reports: https://bisresearch.com/
Wireless charging takes place when energy is transferred as electromagnetic waves from a transmitter to a receiver. Inductive wireless charging is currently the usual adopted solution for wireless charging and accounted for approximately 100% of the global wireless charging market in 2018. This is largely because of the greater consumer inclination for more efficient and fast charging capability of inductive charging.
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Companies such as Samsung Electronics Co. Ltd., Google LLC, LG Electronics Inc., Microsoft Corporation, Apple Inc., and Motorola Inc., have already incorporated wireless charging in the smartphones. Additionally, the establishment of New Jersey-Based-
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