Key Findings
The North America wireless charging market is poised to increase at a CAGR of 41.05% over the forecast period of 2019-2027. Canada and the US are primary contributors to this region.
Market Insights
The North American wireless charging market includes segments based on applications, technology, and components. An accelerated growth for the manufacturing of consumer electronics devices such as laptops, smartphones, tablets, PCs, etc. has been observed in this region over the past few years. This growth is highly responsible for fueling the market demand. Also, the recent boom in the Internet of Things (IoT) in the region has majorly contributed to the market expansion. Some of the restraining factors for the market include certain efficiency & compatibility issues and the absence of firm market standards.
Competitive Insights
Companies such as NXP Semiconductor N.V., WiTricity Corporation, Kube Systems, Convenient Power HK Limited, Murata Manufacturing Co., Ltd., Texas Instruments Inc., Integrated Device Technology Inc., Apple Inc., TDK Corporation, Infineon Technologies AG, Energizer Holdings, Inc., Powermat Technologies Ltd., Samsung Electronics Co., Ltd., Qualcomm Inc., and Oregon Scientific Inc. are the pioneers for this market.
The North America wireless charging market is poised to increase at a CAGR of 41.05% over the forecast period of 2019-2027. Canada and the US are primary contributors to this region.
Market Insights
The North American wireless charging market includes segments based on applications, technology, and components. An accelerated growth for the manufacturing of consumer electronics devices such as laptops, smartphones, tablets, PCs, etc. has been observed in this region over the past few years. This growth is highly responsible for fueling the market demand. Also, the recent boom in the Internet of Things (IoT) in the region has majorly contributed to the market expansion. Some of the restraining factors for the market include certain efficiency & compatibility issues and the absence of firm market standards.
Competitive Insights
Companies such as NXP Semiconductor N.V., WiTricity Corporation, Kube Systems, Convenient Power HK Limited, Murata Manufacturing Co., Ltd., Texas Instruments Inc., Integrated Device Technology Inc., Apple Inc., TDK Corporation, Infineon Technologies AG, Energizer Holdings, Inc., Powermat Technologies Ltd., Samsung Electronics Co., Ltd., Qualcomm Inc., and Oregon Scientific Inc. are the pioneers for this market.