LATIN AMERICA WIRELESS CHARGING MARKET 2019-2028

ICT | IT Hardware and data centers

LATIN AMERICA WIRELESS CHARGING MARKET 2019-2028

Market By Component, Technology, End-users, And Geography | Forecast 2019-2028

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According to Triton, the wireless charging market in Latin America is expected to proliferate with a CAGR of 23.92% in the forecast period of 2019-2028.



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The countries reviewed in this market are:

           Brazil

           Mexico

           Rest of Latin America

Countries in Latin America, such as Argentina, Brazil, and others, are being seen as potential hubs for the automotive and aerospace sectors. Wireless charging finds its chief application in these verticals. Therefore, the growth in these sectors has been responsible for the rising demand for wireless technology in the region. The prominent names operating in the Latin American market include Texas Instruments Inc., Witricity Corporation, and Qualcomm Inc., among others.

Moreover, other factors such as the growth in consumer awareness and the shipping of more number of devices with embedded wireless charging are also contributing to the steadily rising demand. Furthermore, Apple Inc recently adopted the “Qi” standard, which has raised the demand for wireless charging in Latin America, in turn, leading to the market growth in the region.

Brazil is one of the five biggest automotive markets in the world. It is also a major operating base for companies like Volkswagen AG, Ford Motor Co, General Motors Co, and Fiat Chrysler Automobiles NV. Given the growing vehicle ownership in the country, EV manufacturers have been able to invest huge sums in the region. Brazil has a decent manufacturing base for electric vehicles, despite the fact that these vehicles remain exorbitant and inaccessible in the country. However, the government has been making efforts to decrease the cost of EVs so as o enhance their adoption rate. A growth in the country’s electric vehicle market signifies growth for the wireless charging market, in turn.

Belkin International Inc is a manufacturer of connectivity solutions & accessories like wireless chargers, cables & adapters, and lightning accessories, among others. It operates through the brands Linksys, WeMo, and Belkin. Linksys is responsible for the growing popularity of wireless connectivity around the globe. Belkin International has several of its offices located in South America.

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Table of Content

1.    LATIN AMERICA 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.    LATIN AMERICA WIRELESS CHARGING MARKET OUTLOOK - BY COMPONENTS

3.1. TRANSMITTERS

3.2. RECEIVERS

4.    LATIN AMERICA WIRELESS CHARGING MARKET OUTLOOK - BY TECHNOLOGY

4.1. INDUCTIVE

4.2. RESONANT

4.3. RADIO FREQUENCY

4.4. OTHER TECHNOLOGIES

5.    LATIN AMERICA 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.    LATIN AMERICA WIRELESS CHARGING MARKET – REGIONAL OUTLOOK

6.1. BRAZIL

6.2. MEXICO

6.3. REST OF LATIN AMERICA

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

List of Tables

TABLE 1: LATIN AMERICA 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: LATIN AMERICA WIRELESS CHARGING MARKET, BY COMPONENTS, 2019-2028 (IN $ MILLION)   

TABLE 6: LATIN AMERICA WIRELESS CHARGING MARKET, BY TECHNOLOGY, 2019-2028 (IN $ MILLION)   

TABLE 7: LATIN AMERICA WIRELESS CHARGING MARKET, BY END-USERS, 2019-2028 (IN $ MILLION)      

TABLE 8: LATIN AMERICA WIRELESS CHARGING MARKET, BY CONSUMER ELECTRONICS, 2019-2028 (IN $ MILLION)

TABLE 9: LATIN AMERICA WIRELESS CHARGING MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)      

List of Figures

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: LATIN AMERICA WIRELESS CHARGING MARKET, BY TRANSMITTERS, 2019-2028 (IN $ MILLION)        

FIGURE 7: LATIN AMERICA WIRELESS CHARGING MARKET, BY RECEIVERS, 2019-2028 (IN $ MILLION)      

FIGURE 8: LATIN AMERICA WIRELESS CHARGING MARKET, BY INDUCTIVE, 2019-2028 (IN $ MILLION)      

FIGURE 9: LATIN AMERICA WIRELESS CHARGING MARKET, BY RESONANT, 2019-2028 (IN $ MILLION)      

FIGURE 10: LATIN AMERICA WIRELESS CHARGING MARKET, BY RADIO FREQUENCY, 2019-2028 (IN $ MILLION)          

FIGURE 11: LATIN AMERICA WIRELESS CHARGING MARKET, BY OTHER TECHNOLOGIES, 2019-2028 (IN $ MILLION)

FIGURE 12: LATIN AMERICA WIRELESS CHARGING MARKET, BY AUTOMOTIVE, 2019-2028 (IN $ MILLION)        

FIGURE 13: LATIN AMERICA WIRELESS CHARGING MARKET, BY CONSUMER ELECTRONICS, 2019-2028 (IN $ MILLION)     

FIGURE 14: NUMBER OF SMARTPHONE USERS WORLDWIDE, 2015-2020 (IN BILLION)    

FIGURE 15: LATIN AMERICA 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: LATIN AMERICA WIRELESS CHARGING MARKET, BY TABLETS, 2019-2028 (IN $ MILLION)      

FIGURE 18: WEARABLE DEVICES MARKET ESTIMATES, 2014-2018 (IN $ BILLION) 

FIGURE 19: LATIN AMERICA WIRELESS CHARGING MARKET, BY WEARABLE DEVICES, 2019-2028 (IN $ MILLION)

FIGURE 20: LATIN AMERICA WIRELESS CHARGING MARKET, BY OTHERS, 2019-2028 (IN $ MILLION)      

FIGURE 21: LATIN AMERICA WIRELESS CHARGING MARKET, BY INDUSTRIAL, 2019-2028 (IN $ MILLION)   

FIGURE 22: LATIN AMERICA WIRELESS CHARGING MARKET, BY HEALTHCARE, 2019-2028 (IN $ MILLION)        

FIGURE 23: LATIN AMERICA WIRELESS CHARGING MARKET, BY AEROSPACE & DEFENCE, 2019-2028 (IN $ MILLION)

FIGURE 24: LATIN AMERICA WIRELESS CHARGING MARKET, BY OTHER END-USERS, 2019-2028 (IN $ MILLION)          

FIGURE 25: LATIN AMERICA WIRELESS CHARGING MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)  

FIGURE 26: BRAZIL WIRELESS CHARGING MARKET, 2019-2028 (IN $ MILLION)

FIGURE 27: MEXICO WIRELESS CHARGING MARKET, 2019-2028 (IN $ MILLION)     

FIGURE 28: REST OF LATIN AMERICA WIRELESS CHARGING MARKET, 2019-2028 (IN $ MILLION)      

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