Market By Component, Technology, End-users, And Geography | Forecast 2019-2028
As per Triton’s research report, the Middle East and African wireless charging market is anticipated to upsurge with a CAGR of 25.76% in the forecasting years of 2019-2028.
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The countries assessed in this market include:
• South Africa
• Turkey
• Saudi Arabia
• The United Arab Emirates
• Rest of MEA
The governments in the Middle East have been taking stringent actions to reduce the vehicular emission on roads, by promoting electric vehicles and constructing their charging stations. For this purpose, nearly 18 new charging stations were deployed at different locations across the region. This has led to commendable growth in the Middle Eastern electric vehicles market. The growth of this market has, in turn, fueled the growth of the wireless charging market in this region.
Several countries in the MEA, such as the UAE, Turkey, Israel, South Africa, and Nigeria, are gaining prominence. The aerospace industries of Turkey and Israel, and the automobile industries of Iran and Turkey have been crucial to the growth of the studied market. Wireless charging has widespread use in aircraft and drones, which has led to the growth of the market in these countries.
Powermat is a company offering wireless charging technology. It has installed charging points at Saudi Arabia’s Doppio Café. The current EV framework in the country is in its initial stages, and needs to be developed further into a comprehensive network. Recent initiatives being taken for the market growth of EVs in the country are in line with the general objectives of the Saudi Vision 2030. The aim is to diversify the economy, by relying on sources other than oil. These initiatives are expected to have a positive impact on the electric vehicle market, and, in turn, boost the market for wireless charging in the KSA.
Powermat is a pioneer in wireless charging. It was the first company to bring the technology to consumers in the automotive market and the consumer electronics market. The company was founded in 2006, and is headquartered in Petah Tikva, Israel. The technology provided by Powermat has been used by over 500 million smartphones and 3.2 million cars. In addition, more than 12,000 charging spots around the world run on Powermat’s wireless technology.
1. MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET - SUMMARY
2. INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. KEY INSIGHTS
2.2.1. INCLINATION OF FOOD CHAINS TOWARD POWERMAT & CHARGING POINTS
2.2.2. FAR-FIELD WIRELESS CHARGING
2.2.3. USE OF WIRELESS CHARGING IN MULTIPLE FIELDS
2.3. IMPACT OF COVID-19 ON WIRELESS CHARGING
2.4. PORTER’S FIVE FORCE ANALYSIS
2.4.1. THREAT OF NEW ENTRANTS
2.4.2. THREAT OF SUBSTITUTE
2.4.3. BARGAINING POWER OF BUYERS
2.4.4. BARGAINING POWER OF SUPPLIERS
2.4.5. THREAT OF COMPETITIVE RIVALRY
2.5. MARKET ATTRACTIVENESS INDEX
2.6. VENDOR SCORECARD
2.7. INDUSTRY COMPONENTS
2.8. MARKET DRIVERS
2.8.1. NEED FOR CONVENIENCE & EFFECTIVE CHARGING SYSTEMS
2.8.2. RISING NUMBER OF SMARTPHONES & OTHER WEARABLE DEVICES
2.8.3. GROWTH OF ELECTRIC VEHICLES
2.9. MARKET RESTRAINTS
2.9.1. SLOWER CHARGING SPEED COMPARED TO COUNTERPARTS
2.9.2. HIGH PRICE & LOWER EFFICIENCY
2.10. MARKET OPPORTUNITIES
2.10.1. ADOPTION OF SMART HOMES & SMART OFFICES
2.10.2. IN-BUILT WIRELESS CHARGING OPTIONS IN VARIOUS APPLICATIONS
2.11. MARKET CHALLENGES
2.11.1. ABSENCE OF UNIFIED STANDARDS IN RELATION TO CONFORMITY
2.11.2. LACK OF PROPER ELECTRIC VEHICLE CHARGING INFRASTRUCTURE
3. MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET OUTLOOK - BY COMPONENTS
3.1. TRANSMITTERS
3.2. RECEIVERS
4. MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET OUTLOOK - BY TECHNOLOGY
4.1. INDUCTIVE
4.2. RESONANT
4.3. RADIO FREQUENCY
4.4. OTHER TECHNOLOGIES
5. MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET OUTLOOK - BY END-USERS
5.1. AUTOMOTIVE
5.2. CONSUMER ELECTRONICS
5.2.1. SMARTPHONES
5.2.2. TABLETS
5.2.3. WEARABLE DEVICES
5.2.4. OTHERS
5.3. INDUSTRIAL
5.4. HEALTHCARE
5.5. AEROSPACE & DEFENSE
5.6. OTHER END-USERS
6. MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET – REGIONAL OUTLOOK
6.1. UNITED ARAB EMIRATES
6.2. SAUDI ARABIA
6.3. TURKEY
6.4. SOUTH AFRICA
6.5. REST OF MIDDLE EAST & AFRICA
7. COMPETITIVE LANDSCAPE
7.1. AIRCHARGE
7.2. BELKIN INTERNATIONAL INC
7.3. CONVENIENTPOWER HK LIMITED
7.4. ENERGOUS CORPORATION
7.5. POWERMAT
7.6. WITRICITY CORPORATION
7.7. NUCURRENT
7.8. SEMTECH
7.9. TDK CORPORATION
7.10. TEXAS INSTRUMENTS INCORPORATED
7.11. QUALCOMM TECHNOLOGIES INC
7.12. INFINEON TECHNOLOGIES AG
7.13. NXP SEMICONDUCTORS
7.14. SAMSUNG
7.15. RENESAS ELECTRONICS CORPORATION (INTEGRATED DEVICE TECHNOLOGY INC)
8. RESEARCH METHODOLOGY & SCOPE
8.1. RESEARCH SCOPE & DELIVERABLES
8.2. SOURCES OF DATA
8.3. RESEARCH METHODOLOGY
TABLE 1: MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: WIRELESS VS WIRED CHARGING EFFICIENCIES
TABLE 4: KEY PLAYERS ADOPTING IN-VEHICLE WIRELESS CHARGING
TABLE 5: MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET, BY COMPONENTS, 2019-2028 (IN $ MILLION)
TABLE 6: MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET, BY TECHNOLOGY, 2019-2028 (IN $ MILLION)
TABLE 7: MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET, BY END-USERS, 2019-2028 (IN $ MILLION)
TABLE 8: MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET, BY CONSUMER ELECTRONICS, 2019-2028 (IN $ MILLION)
TABLE 9: MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
FIGURE 1: MARKET ATTRACTIVENESS INDEX
FIGURE 2: INDUSTRY COMPONENTS
FIGURE 3: TOP 10 COUNTRIES WITH HIGHEST SMARTPHONE PENETRATION IN 2019 (%)
FIGURE 4: WORLDWIDE VEHICLE SALES IN UNITS, BY VEHICLE TYPE, 2011-2016 (MILLION UNITS)
FIGURE 5: COMPARATIVE ANALYSIS OF CHARGING SPEED FOR SAMSUNG S9+ WITH WIRED AND WIRELESS CHARGER
FIGURE 6: MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET, BY TRANSMITTERS, 2019-2028 (IN $ MILLION)
FIGURE 7: MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET, BY RECEIVERS, 2019-2028 (IN $ MILLION)
FIGURE 8: MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET, BY INDUCTIVE, 2019-2028 (IN $ MILLION)
FIGURE 9: MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET, BY RESONANT, 2019-2028 (IN $ MILLION)
FIGURE 10: MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET, BY RADIO FREQUENCY, 2019-2028 (IN $ MILLION)
FIGURE 11: MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET, BY OTHER TECHNOLOGIES, 2019-2028 (IN $ MILLION)
FIGURE 12: MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET, BY AUTOMOTIVE, 2019-2028 (IN $ MILLION)
FIGURE 13: MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET, BY CONSUMER ELECTRONICS, 2019-2028 (IN $ MILLION)
FIGURE 14: NUMBER OF SMARTPHONE USERS WORLDWIDE, 2015-2020 (IN BILLION)
FIGURE 15: MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET, BY SMARTPHONES, 2019-2028 (IN $ MILLION)
FIGURE 16: NUMBER OF THE TABLET USERS ACROSS THE WORLD, 2015-2020 (IN BILLION)
FIGURE 17: MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET, BY TABLETS, 2019-2028 (IN $ MILLION)
FIGURE 18: WEARABLE DEVICES MARKET ESTIMATES, 2014-2018 (IN $ BILLION)
FIGURE 19: MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET, BY WEARABLE DEVICES, 2019-2028 (IN $ MILLION)
FIGURE 20: MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET, BY OTHERS, 2019-2028 (IN $ MILLION)
FIGURE 21: MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET, BY INDUSTRIAL, 2019-2028 (IN $ MILLION)
FIGURE 22: MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET, BY HEALTHCARE, 2019-2028 (IN $ MILLION)
FIGURE 23: MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET, BY AEROSPACE & DEFENCE, 2019-2028 (IN $ MILLION)
FIGURE 24: MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET, BY OTHER END-USERS, 2019-2028 (IN $ MILLION)
FIGURE 25: MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)
FIGURE 26: UNITED ARAB EMIRATES WIRELESS CHARGING MARKET, 2019-2028 (IN $ MILLION)
FIGURE 27: SAUDI ARABIA WIRELESS CHARGING MARKET, 2019-2028 (IN $ MILLION)
FIGURE 28: TURKEY WIRELESS CHARGING MARKET, 2019-2028 (IN $ MILLION)
FIGURE 29: SOUTH AFRICA WIRELESS CHARGING MARKET, 2019-2028 (IN $ MILLION)
FIGURE 30: REST OF MIDDLE EAST & AFRICA WIRELESS CHARGING MARKET, 2019-2028 (IN $ MILLION)