Oct 23, 2017   SOURCE: PR NewsWire

Global In-car Wireless Charging System Market 2017-2021 with Wireless Power Consortium, Powermat Technologies & Qualcomm Technologies Dominating

DUBLIN, October 23, 2017 /PRNewswire/ --

The "Global In-car Wireless Charging System Market 2017-2021" report has been added to Research and Markets' offering.

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The global in-car wireless charging system market to grow at a CAGR of 43.75% during the period 2017-2021.

Global In-car Wireless Charging System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is rising acceptance of long distance travelling. In-car WCS is an OEM/factory fitment that is usually available in luxury cars and mid-premium vehicles. In 2015, more than 80% of the in-car WCS market comprised of luxury cars, it is expected that it will continue to so be during the forecast period. The increasing focus toward luxury cars can be attributed to the comfort level and safety offered by these vehicles for long distance travelling.

According to the report, one driver in the market is newer smartphone models with built-in support for wireless charging. Until 2015, only a minority of phones supported WCS. Therefore, they needed an additional case/cover to support in-car WCS. As the number of smartphone and tablet users, who spent productive time in vehicles, is increasing globally, the additional need of case/covers for WCS has limited this market in vehicles. To counter this issue, during the last 3 years, many smartphone OEMs have come up with smartphone models with built-in compatibility or support module for WCS.

Further, the report states that one challenge in the market is in-car WCS currently offers only slow charge option. The current WCS standards, such as Qi, limits the power supply of in-car WCS to 5W, which is equal to 1A plug used for charging. With this specification, fully charging a gadget can take up to 5 hours. Normal wired USB cable charger can fully charge a gadget in maximum 4 hours. Therefore, along with the high cost of in-car WCS, charging hours are also sacrificed. Generally, a 2A wall plug-in type charger can charge gadgets in less than three hours. Phones with fast charge technology can be charged within 2 hours.

Key vendors

    --  Wireless Power Consortium (WPC)
    --  Powermat Technologies
    --  Qualcomm Technologies

Other prominent vendors

    --  Mojo Mobility
    --  PowerbyProxi

    --  Put2Go

Key Topics Covered:

    1. Executive Summary
    2. Scope Of The Report
    3. Research Methodology
    4. Introduction
    5. Market Landscape
    6. Market Segmentation By End-User
    7. Geographical Segmentation
    8. Decision Framework
    9. Drivers And Challenges
    10. Market Trends
    11. Vendor Landscape
    12. Key Vendor Analysis

    13. Appendix

For more information about this report visit https://www.researchandmarkets.com/research/28bm32/global_incar

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SOURCE Research and Markets