The presence of a large pool of participants, such as NXP Semiconductors, Qualcomm Inc., and Vishay Intertechnology Inc., points towards a highly fragmented and competitive structure of the global wireless charging ICs market, states a reserch report by Transparency Market Research (TMR). Researchers predict the rivalry between the players to intensify in the near future.
Increasing technological advancement and growing application of wireless charging ICs in the consumer electronics, medical devices and automobile devices is anticipated to have a positive impact on the Wireless Charging ICs market globally. Increasing usage of wireless charging ICs in wearable product such as smart watch, smart glass, electrical shaver, mobile phones and tablets is having a positive impact on the market. Receiver ICs is using as a receiver of wireless charging power. Usage ... Read more
Increasing technological advancement and growing application of wireless charging ICs in the consumer electronics, medical devices and automobile devices is anticipated to have a positive impact on the Wireless Charging ICs market globally. Increasing usage of wireless charging ICs in wearable product such as smart watch, smart glass, electrical shaver, mobile phones and tablets is having a positive impact on the market. Receiver ICs is using as a receiver of wireless charging power. Usage ... Read more
