Half a Billion Smartphones and Other Devices with Wireless Power Technology Shipped in 2017

Reading time ( words)

Led by mobile phones, small appliances and wearables, shipments of consumer electronics devices enabled with wireless charging rose 40% in 2017, compared to the previous year. In all, nearly 500 million devices with wireless charging shipped last year, according to IHS Markit.

Mobile phones were primarily responsible for the strong growth in wireless power technology in 2017, after Samsung set a precedent with its flagship Galaxy S8 smartphone in April 2017. Apple followed in November 2017, adding the technology to its new iPhone devices, including the iPhone 8 and 8 Plus.

Electric toothbrushes will continue to boost the small appliances category, helping the segment grow to more than 100 million units by 2026. Wireless charging is most efficient for electric toothbrushes, because the toothbrush is always in the stand and no energy is lost during the charge.

The Apple Watch, which has featured a proprietary, low frequency charging solution since its launch in 2015, led wireless charging in the wearable devices category in 2017. Smart watch devices launched by smartphone manufacturers are expected to continue to drive growth in the wearable segment, which is expected to exceed 90 million units shipped in 2022.

Awareness Grows Around the World, But Usage is Still Relatively Low

According to the latest Wireless Power Market Tracker from IHS Markit, consumer awareness of wireless charging technology exceeded 80% in all regions. Awareness is expected to increase in 2018, thanks to Apple’s support of the technology. However, the number of respondents reporting they had actually used wireless charging technology was still relatively low, averaging only 29% across all regions in 2017.

“It’s not all that surprising that wireless charging use is still relatively low, as the availability of wireless charging technology in flagship smartphones by Samsung and Apple just started in 2017,” said Victoria Fodale, senior analyst, IHS Markit. “In the past, the presence of several competing wireless charging standards was a barrier to adoption. By early 2017, Qi had displaced the competing standards. We expect even more smartphone makers will adopt Qi technology this year.”

The IHS Markit Wireless Power Market Tracker provides a full view of all the various applications in the market in a single database, including consumer, medical, industrial, automotive and public deployments. Dedicated market research and interviews with more than 50 companies within the industry help shape detailed market forecasts by application, while an in-depth consumer survey provides insights from end users from a different region each quarter.

About IHS Markit

IHS Markit is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.


Suggested Items

Telecom (Compute and Storage) Infrastructure Market to Reach $16.35B in 2022

09/03/2018 | IDC
A new forecast from IDC sizes the market for compute and storage infrastructure for Telecoms at nearly $10.81 billion in 2017. However, as Telecoms aggressively build out their infrastructure, IDC projects this market to see a healthy five-year compound annual growth rate (CAGR) of 6.2% with purchases totaling $16.35 billion in 2022.

What’s Coming in 3D Printing Technology in 2018

12/27/2017 | Cullen Hilkene, 3Diligent
First, the arrival of extrusion metal printing. Today's extrusion printers are the most prevalent and, arguably, user-friendly 3D Printers in the market. Now, after years of there being zero metal extrusion printers, there will be two in the new year from Desktop Metal and Markforged. These technologies promise new materials and a higher degree of user friendliness for metal printing.

Global LED Market Expected to Record a CAGR of close to 17% until 2020

05/26/2016 | Business Wire
This research report titled ‘Global LED Market 2016-2020’ provides an in-depth analysis of market growth in terms of revenue and emerging market trends. The market size is calculated on the basis of revenue generated from four segments, including general lighting, backlighting, automotive lighting, and others.

Copyright © 2018 I-Connect007. All rights reserved.