April 11, 2012
Bharatbook.com added a new research report on “Wireless Charging Market (2012-2017)” which gives in-depth analysis and forecast on the Wireless Charging Market.
Wireless Charging Market (2012-2017)
Charging the battery of any electronic device without the use of cables and cords constitutes wireless charging. The concept of wireless charging was introduced by Nikola Tesla in the year 1899 where he demonstrated transmission of 100 million volts of electricity across 26 miles. This age old technology has come into being for charging consumer electronics, especially for smartphones as of 2011.
Since the market is at a nascent stage, there are a number of opportunities in the market; such as having wireless charging embedded in commercial outlets such as café’s, cinema halls, airports, and so on. Also, embedding receivers in the smartphones eliminates the need of using a sleeve. Charging electric vehicles wirelessly is a very prominent field as of today and gaining momentum. There are several universities such as Stanford University (U.S.), Clemson University (U.S.) and companies conducting researches on the same.
The companies, universities, and research institutes are conducting extensive R&D on the same and trying to embed the receiver coils in the phone, which will eliminate the need for the sleeve as well. Standards and interoperability are the major concerns in the market as of today. Since the market is in its infancy; there are no set standards for the same.
The Wireless Power Consortium established a standard for interoperability named the Qi standard, which enables charging pads and devices with Qi certification to charge together. There are other emerging standards as well for charging the devices wirelessly.
The medical and the military applications contribute a very minor percentage to the wireless charging market as of 2011 and are expected to increase at a very slow rate. These markets are very small as of today due to the feasibility and the acceptability of the product. Since the concept of wireless charging is new, the companies are carrying out R&D and working towards enabling the users to accept the product.
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