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Navigant Research Report Shows Longer-Range Wireless Charging Could Have a Significant Impact on the Smart Home Market Beyond Reducing the Need for Electric Wires

May 7, 2019

BOULDER, Colo.--(BUSINESS WIRE)--May 7, 2019--A new report from Navigant Research analyzes the use of wireless charging in smart homes and provides recommendations for unlocking the potential of the technology.

Wireless charging has recently gained greater traction due to the commitment of smartphone manufacturers to support wireless charging through mats, and as advanced wireless charging technologies that enable longer ranges and increased mobility emerge. Wireless charging in the smart home can affect the adoption of new sensors to increase awareness about what is going on in the home, ease installation for new do-it-yourself solutions, mitigate energy efficiency issues around standby power, and help impaired consumers more easily keep devices charged. Click to tweet: According to a new report from @NavigantRSRCH, longer-range wireless charging could have a significant impact on the smart home market beyond reducing the need for electric wires.

“Wireless charging has the potential to become as ubiquitous as Wi-Fi,” says Paige Leuschner, senior research analyst with Navigant Research. “Navigant Research expects a strong future for wireless charging in the smart home, but regulations, health and safety, consumer sentiment, and technology development will be crucial as wireless charging expands to gain and keep popularity.”

To encourage market growth, according to the report, technology vendors must continue pushing technology forward and deliver on promises, while device manufacturers need strong strategies that address the emergence of wireless charging technologies. Regulators must develop specific wireless charging requirements, ensuring health and safety, and standards associations need to converge on one protocol to promote interoperability in the home.

The report, The Smart Home as a Test Bed for the Wireless Charging Industry, analyzes the use of wireless charging in smart homes. The study provides an analysis of the market issues, including regulatory approval, infrastructure, consumer concerns, and cost and flexibility. Various wireless charging standards and other market obstacles are discussed. The report provides recommendations for unlocking the potential of this technology. An Executive Summary of the report is available for free download on the Navigant Research website.

About Navigant Research

Navigant Research, the dedicated research arm of Navigant, provides market research and benchmarking services for rapidly changing and often highly regulated industries. In the energy sector, Navigant Research focuses on in-depth analysis and reporting about global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of clean, intelligent, mobile, and distributed energy. Additional information about Navigant Research can be found at www.navigantresearch.com.

About Navigant

Navigant Consulting, Inc. is a specialized, global professional services firm that helps clients take control of their future. Navigant’s professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the Firm primarily serves clients in the healthcare, energy and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigant’s practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at navigant.com.

* The information contained in this press release concerning the report, The Smart Home as a Test Bed for the Wireless Charging Industry, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190507005061/en/

CONTACT: Lindsay Funicello-Paul

+1.781.270.8456

lindsay.funicello.paul@navigant.com

KEYWORD: UNITED STATES NORTH AMERICA COLORADO

INDUSTRY KEYWORD: BUILDING SYSTEMS ENERGY OTHER ENERGY TECHNOLOGY CONSUMER ELECTRONICS INTERNET OTHER TECHNOLOGY MOBILE/WIRELESS CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: Navigant Research

Copyright Business Wire 2019.

PUB: 05/07/2019 05:15 AM/DISC: 05/07/2019 05:15 AM

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