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Thursday, October 28, 2010

Advanced charging will be worth over $34 billion in 2015

Powering mobile devices is often an issue that battery technology struggles to keep pace with. An increasing focus on advanced charging technologies (including solar-powered mobile handsets, solar chargers, wireless power units, fuel-cell battery charging products and public charging kiosks) means the value of this particular market will increase from around $1.5 billion this year to over $34 billion in 2015; a CAGR of more than 86%.

That's the prediction from ABI Research, which has just published a new study called Charging Technologies for Portable Devices.

Larry Fisher, research director of ABI Research’s emerging technologies research incubator, said "With developers about to release advanced charging products in late 2010 and the first half of 2011, the advanced charging revolution is about to take off. In addition, the Wireless Power Consortium’s release of the Qi standard for interoperable wireless charging in 2010 has set the stage for portable electronics manufacturers and infrastructure producers such as Panasonic, Philips Electronics, Samsung, LG Electronics and Nokia to incorporate the technology into their products."

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