China wireless charger market is estimated to grow considerably at a CAGR of 39.6% during the forecast period. The major factors that augment the market growth within China include the significant presence of consumer electronic devices manufacturers and automobile makers in the country. According to the International Trade Union Federation (ITUF), China is the largest producer of the world’s electronic and electronic components across the globe. Access to better infrastructure and a progressive government push for manufacturing has made the country competitive in international markets. Due to which, manufactured products constitute a significant share of the country’s trade. A substantial amount of China’s imports comprises of parts and components that are assembled into finished products, such as consumer electronic products and computers, and then exported. Owing to these facts, the nation is estimated to share the largest market share of the wireless charger in the Asia-Pacific.
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/china-wireless-charger-market
China is exporting a larger number of smartphones across the globe. China has a significant market share in almost all major economies such as India, UK and so on. Due to this, several companies and research institutes are investing a significant portion of resources in the R&D program in mobile technology. Smartphone makers including Xiaomi have been focusing on the development of wireless charging technology and as a result, have launched some of the products in the segment. For instance, Xiaomi has launched a new wireless charger with universal support in 2018 only for the Chinese market.
Browse for Full Report Description@ https://www.omrglobal.com/industry-reports/china-wireless-charger-market
The companies which are contributing to the growth of China wireless charger market include Aircharge, Huawei Technologies Co., Ltd., Panasonic Corp., Samsung Electronics Co., Ltd., and Tesla, Inc. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market. For instance, in February 2019, Energous Corp. collaborated with vivo Global a Chinese technology company, to explore integrating WattUp into smartphone designs that charge wirelessly over-the-air. With this acquisition the company able to strengthen its position in the wireless charging industry.
Market Segmentation
China Wireless Charger Market by Technology
- Inductive Coupling
- Magnetic Resonance
- Radio Frequency Radiation
China Wireless Charger Market by Mobility
- Static Wireless Charger
- Mobile Wireless Charger
China Wireless Charger Market by Application
- Portable Electronic Devices
- Automobile
- Healthcare
- Others (Consumer Products)
Company Profiles
- Aircharge
- ConvenientPower, Ltd.
- ELIX Wireless
- Energous Corp.
- Huawei Technologies Co., Ltd.
- Oral-B
- Panasonic Corp.
- Samsung Electronics Co., Ltd.
- Shenzhen Canpow Technology Co. Ltd.
- Tesla, Inc.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
