The market for wireless power and charging receiver shipments is expected to reach 325 million units in 2017. The market grew approximately 40 percent in 2016, said IHS Markit.
ALSO READ: IHS Markit 2017 Wireless Power Tracker
Mobile phones, laptops and wearable devices will drive wireless charging receiver market. Receiver unit shipments are expected to increase this year as demand shoots up; OEMs make their decision on specifications; and the market moves towards glass-backed phones.
Samsung’s decision to retain wireless charging on Galaxy S7, and LG’s decision to add the technology to its new G6 device (U.S. model), were crucial for wireless charging technology. Apple is expected to follow suit later this year with its next iPhone, further boosting receiver shipments.
According to the IHS Markit Q1 consumer survey, consumer awareness of wireless power technology remains high.
“35 percent of U.S. consumers say they have used wireless charging, up from 25 percent in 2016. This suggests the wireless charging market has moved into the commoditization phase, particularly for mobile phones,” said Vicky Yussuff, analyst for IHS Markit.
The laptop market could see a surge of integration following Dell’s decision to ship the Dell Latitude 7285, a two-in-one tablet with a wireless charging-enabled detachable keyboard. The keyboard uses magnetic resonance technology from WiTricity and is compatible with the AirFuel resonant specification.
Consumers say they would like to see wearable devices adopt wireless charging, particularly in the smart watch category. According to the IHS Markit Wireless Power Tracker, nearly 30 million wearable device receiver units are expected to ship in 2017.
The need for multi-device chargers will increase as more consumers start to own multiple wireless-charging devices. The multi-device transmitter market is expected to ship more 30 million units by 2026.
IHS Markit said transmitters designed for public infrastructure, such as those in the restaurant and hospitality sector, will see a boost in shipments in the next 10 years as new, enabled products in the mobile phone and laptop markets drive demand.
As more applications in consumer, industrial and medical markets adopt wireless power technology, IHS Markit expects market growth to be rapid.