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North American Wireless Charger Market 2019-2025

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  • February 2020
  • Region: North America
  • Orion Market Research Private Limited
  • ID: 5116850
North American 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 North American wireless charger market is estimated to grow significantly at a CAGR of 31.4% during the forecast period. North America is one of the most established and prominent markets in terms of the global wireless charger market. The major factor that is augmenting the wireless charger market in the region includes the high penetration of premium smartphone brands with flagship offerings and other electronic devices, increasing demand for wireless charging in electrical vehicles and others. North America is a region where most of the countries are developed economies including the US and Canada.

According to the Centre for Digital Information (CDI) North America is the home of approximately 11% of smartphone users across the globe. The total number of smartphone users in North America `is estimated to 229 million in 2016, up from 189 million in 2014. It is further estimated to reach 272 million by the year 2020 as per CDI. The US is estimated to be the major market of smartphones in North America. Therefore, the increasing smartphone users coupled with advancement in smartphone charging technologies such as wireless charging further provides substantial growth to the market.

The companies which are contributing to the growth of the North American 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 October 2019, Witricity has entered into licensing and technology transfer agreements with Green Power, a South Korean Based supplier of power electronics and high power wireless charging system. This agreement allows Green power to take advantage of WiTricity's innovative technology and reference designs for wireless electric vehicle (EV) charging systems.

Research Methodology:

The market study of the North American 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. The research team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis 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. North American Wireless Charger Market Research and Analysis by Technology
2. North American Wireless Charger Market Research and Analysis by Mobility
3. North American Wireless Charger Market Research and Analysis by Application

The Report Covers:
  • Comprehensive Research Methodology of the North American 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 North American wireless charger market.
  • Insights about market determinants which are stimulating the North American 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.
  • Power2Go Inc.
  • Powercast Corp.
  • Samsung Electronics Co., Ltd.
  • Tesla Inc.
  • Witricity Corp.