Car with Wireless Charging Market - Competitive Landscape and Opportunity Assessment by Forecast 2023
Intensive use of high-speed networks such as 3G and 4G drains off batteries too fast which puts a strain on the life of mobile devices. Thus, wireless charging options have become highly desirable among consumers. In-car wireless charging is an emerging technology which is gaining traction gradually. Market Research Future (MRFR's) latest report on the global in-car wireless charging market has projected an impressive CAGR of 40.8% in the market over the forecast period of 2017-2023. MRFR's analysis has further asserted that the in-car wireless charging market is expected to reach USD 13,748.0 Mn by the end of 2023. In-car wireless charging is aligned with various benefits which include multiple plug compatibility, elimination of charging cables, and charging of multiple devices at a time. Electric vehicle manufacturers are increasingly incorporating in-car wireless charging features in vehicles to drive sales which is supporting the growth of the market. Segmentation By ...