Your Catalyst to a Lucrative Business
Wireless Charging Market Share, Size, Analysis, Growth, Trends and Forecasts to 2024 | Hexa Research
“Wireless Charging Market to Surpass $20 Billion By
2024�
Wireless Charging Market is expected to grow beyond USD 20 billion by 2024. Elimination of cables allows clutter-free charging, which has impelled the consumption levels. Another growth driving factor for the global market includes the growing demands for smartphones, specifically in India, China, and South Korea. The rise in infrastructural development, digitization, and network communications has also driven the growth. Moreover, rising demands across the automotive industry on account of the increased sa les of electric vehicles is also a key market driver. The global market is segregated as applications, technologies, and regions. The application sector includes defense, consumer, automotive, healthcare, and industrial. The consumer application sector led the global market and is expected to generate a revenue share of more than USD 16 billion by 2024. Rising demands for wireless chargers is likely to augment the segment . The healthcare sector is projected to be the most lucrative application sector, with a CAGR of over 38 % over the forecast period (from 2016 to 2024). Browse Details of Report @ https://www.hexaresearch.com/research-report/wireless-charging-market
Follow Us: