Proliferation of Smartphones and Smartphone Applications Bolsters Growth Prospects for Global Wireless Phone Chargers Market

MarketResearchReports.Biz announced new study and Industry Insights on "Wireless Phone Chargers: Market Shares, Strategy, and Forecasts, Worldwide, 2013 to 2019"


Albany, NY -- (SBWIRE) -- 08/16/2017 -- Besides the proliferation of smartphones, the prolific use of these gadgets for entertainment on the go has upped the game for the global wireless phone chargers market. Considering the scale at which newer applications are introduced, encouraging users to stay hooked on their mobile phone either for entertainment or shopping purpose, the batteries are exhausting faster than expected. While it is not feasible to carry chargers everywhere or find a charging port while travelling, the demand for portable phone chargers is poised to surge at an exponential scale in the coming years. has announced including a report, titled "Wireless Phone Chargers: Market Shares, Strategy, and Forecasts, Worldwide, 2013 to 2019," to its repository, which provides a holistic overview of various factors chalking the market's growth.

A rising number of users access apps on their smartphones. More often than not, these applications are highly power-intensive, thus speeding the battery drain of the devices. Given the scenario, the demand for wireless phone chargers is expected to rise in the coming years. The report provides a comprehensive overview of the global wireless phone chargers market, covering growth drivers and restraints in detail. The report also discusses opportunities that could help the market gain traction in the coming years. As per its findings, the global wireless phone chargers market is slated to reach US$33.6 bn by the end of 2019.

Currently, consumers are looking for the most convenient methods of staying connected, and have access to the apps required at the tip of their finger. Inductive wireless charging is convenient and has helped consumers achieve the maximum out of their smartphones. Against this backdrop, the demand for wireless phone chargers will continue gaining pace through the course of the forecast period. In addition, with even more advances in terms of technologies on card, the future seems much promising for the global wireless phone chargers market.

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According to the report, to cash in to the prevailing trends, some of the leading mobile manufacturers are providing wireless charging devices with their smartphones, which has positively influenced the market's overall trajectory. Furthermore, inductive wireless charging does not derive power from grid electricity to enable charging. Electricity is however generated in a coil. This functionality has also promoted the use of wireless phone chargers.

Besides analyzing the aspects running in favor of the market's growth, the report provides a detailed discussion on the market's vendor landscape. Recent strategies adopted by the market players are evaluated and their impact on the overall market is studied in detail. Besides this, a roundup of the strengths and weaknesses of the leading companies makes an important part of the report. Some of the prominent companies operating in the global wireless phone chargers market are Samsung, Nokia, AudioDev, Apple, Consumer Electronics Association, and Intel.

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