Wireless Power Receiver Market Size, Report Segments, Applications Analysis and Growth by Forecast to 2027
Market Scenario The wireless power receiver market size is presumed to register a remarkable CAGR during the assessment period (2016-2022) owing to the growing smartphone industry, asserts Market Research Future (MRFR). Wireless power receiver can be referred to a product which helps in receiving the power for a product wirelessly. For instance, Apple Smart Watch and Galaxy S6 smartphone are products designed to help transmit electrical energy without the help of any cables or wires. Drivers and Constraints Impacting the Market With the increasing smartphone industry and growing consumer awareness, the wireless power receiver market Size is considered to foster during the assessment period. Smartphone companies are also heavily investing in their research and development activities, which is further driving the market. The increased use of electronics and the constant need to power them has resulted in the adoption of wireless power receiver across the globe. Moreover...