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US Wireless Charger Market 2019-2025

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  • February 2020
  • Region: United States
  • Orion Market Research Private Limited
  • ID: 5116848
US Wireless Charger Market Size, Share & Trends Analysis Report by Technology (Inductive Coupling, Magnetic Resonance, and Radio Frequency Radiation), by Mobility (Static Wireless Charger and Mobile Wireless Charger) and by Application (Portable Electronic Devices, Automobile, Healthcare, and Others) and Forecast, 2019-2025.

The US wireless charger market is estimated to grow modestly at a CAGR of 31.4% during the forecast period. The US market in North America is dominating due to factors such as technological advancement in consumer electronics and high per-capita income of the population. The US comprises of 24.3% of the global economy. The developed economy of the country further invites the advancement across every sector, including electronics, automotive and other industries. Such wide advancements will push for significant adoption of wireless charging in smartphones, electric vehicles and its charging stations that further propel the growth of the market in the country.

Increasing smartphone penetration is contributing to the growth of the wireless charging market in the US. According to Our World in Data, smartphone penetration was about 68% in 2015. The smartphone penetration in 2019 increased to 81% in 2015 that further provides ample opportunity to the market. The automotive sector is another industry that has been deploying wireless charging electric vehicles and its charging stations. the sales of electric vehicles and the installation of charging stations are expected to increase in the near future. This, in turn, will offer growth opportunities to the wireless charging in the country. The consumers in the country are showing interest in these cars along with state governments, and private investors in the US are spending millions of dollars in the installation of electric vehicle charging stations.

The companies which are contributing to the growth of the US wireless charger market include BMW AG, Huawei Technologies Co., Ltd., Panasonic Corp., Samsung Electronics Co., Ltd., and Tesla Inc. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market. For instance, in December 2019, iOttie, Inc. unveiled its first iON portable battery pack, named iON Wireless Go. This new pack delivers optimal power to other devices through bi-directional USB-C and QC 3.0 USB-A ports. Through such a launch, the company is expanding its reach in the global market.

Research Methodology:

The market study of the US wireless charger market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. In the report, the analysis of the country is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.

Secondary Sources Include:
  • Financial reports of companies involved in the market.
  • Whitepapers, research-papers, and news blogs.
  • Company websites and their product catalog.

The report provides an in-depth analysis of market size, various services offered by the players, and market opportunity. The report will serve as a source for 360-degree analysis of the market delivering insights for making better business decisions.

Market Segmentation:

1. US Wireless Charger Market Research and Analysis by Technology
2. US Wireless Charger Market Research and Analysis by Mobility
3. US Wireless Charger Market Research and Analysis by Application

The Report Covers:
  • Comprehensive Research Methodology of the US wireless charger market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the US wireless charger market.
  • Insights about market determinants which are stimulating the US wireless charger market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • BMW AG
  • Energous Corp.
  • Huawei Technologies Co., Ltd.
  • iOttie, Inc.
  • Oral B
  • Ossia, Inc.
  • Panasonic Corp.
  • Powercast Corp.
  • Samsung Electronics Co., Ltd.
  • Tesla Inc.
  • Witricity Corp.