Change in Wireless Power Market Due to Smartphone and Other Application Growth

wireless power market is experiencing significant growth in terms of awareness, interest, development, and adoption of this innovative technology. According to recent findings from Wired and Wireless Technology (WAWT), a reputable technology analyst and consultancy firm, there is an estimated 15% increase expected in the global shipment of wireless power receivers (Rx) and transmitters (Tx) in 2023. The smartphone market is pivotal as the primary adopter of wireless power technology.

According to WAWT's most recent forecast, the low-frequency induction-based technology, which is spearheaded by WPC's current Qi standard or the upcoming Qi2 standard, is projected to maintain its dominance in the wireless power market in the coming period. Looking ahead, it is essential to monitor the adoption of WPC's Qi2-based standard, which combines WPC's Qi with Apple's Magsafe solution. This Qi2 standard is of considerable significance not only for smartphones (receiving end), in-car wireless chargers (transmitting end), and the expansion of wireless power transmitters in broader infrastructure settings (such as public areas) but also for various other suitable applications within the mobile ecosystem (like wireless headphones, smartwatches), medical devices, e-bikes/e-scooters, and more. According to WAWT's forecast for 2021, the next phase in this emerging technology market will revolve around magnetic-based wireless power solutions.

Read More URL :- https://wawt.tech/2023/10/19/topological-shift-expected-in-the-wireless-power-market-driven-by-smartphones-and-other-applications/

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