Europe Wireless Charging Market 2019-2028

MARKET OUTLOOK

This report has determined the wireless charging market in Europe to proliferate at a CAGR of 22.74% during the forecast period 2019-2028. The United Kingdom, Germany, France, Italy, Spain, Russia, and Rest of Europe together constitute the market in this region.
Government initiatives to boost the adoption of electric vehicles, such as tax benefits and the development of a charging infrastructure, along with the numerous benefits offered by EVs, are boosting the electric vehicle ecosystem in Europe. The increase in the adoption of electric vehicles has resulted in a subsequent demand for wireless charging technology in the region. In addition, the proliferation of smartphones in the region has led to a surging demand for wireless charging technology in the countries in the region. These factors indicate that the wireless charging market has immense scope for growth in Europe over the coming years.

France aims to further consolidate its electric vehicle market over the coming years. The country relies on nuclear power stations for almost 80% of its power supply. Therefore, a high preference for EVs over oil-powered vehicles is expected in the future. This will lead to a substantial decrease in CO2 emissions. In its efforts to meet the target set by the Paris agreement, France plans to end the sales of conventional vehicles by the year 2040. Further, automobile manufacturing companies like Nissan and Renault have collaborated with the utility Electricite de France (EDF) to field-test 100 battery-powered vehicles. The growth in the country’s electric vehicle market will, in turn, lead to the growth of the wireless charging market in France.

COMPETITIVE OUTLOOK

The companies competing in this market include Samsung, TDK Corporation, Energous Corporation, Texas Instruments Incorporated, NXP Semiconductors, Renesas Electronics Corporation (Integrated Device Technology Inc), Aircharge, and Qualcomm Technologies Inc.

1. Europe 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. Europe Wireless Charging Market Outlook - By Components

3.1. Transmitters
3.2. Receivers

4. Europe Wireless Charging Market Outlook - By Technology

4.1. Inductive
4.2. Resonant
4.3. Radio Frequency
4.4. Other Technologies

5. Europe 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. Europe Wireless Charging Market – Regional Outlook

6.1. United Kingdom
6.2. Germany
6.3. France
6.4. Spain
6.5. Italy
6.6. Russia
6.7. Rest of Europe

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: Europe 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: Europe Wireless Charging Market, By Components, 2019-2028 (In $ Million)
Table 6: Europe Wireless Charging Market, By Technology, 2019-2028 (In $ Million)
Table 7: Europe Wireless Charging Market, By End-Users, 2019-2028 (In $ Million)
Table 8: Europe Wireless Charging Market, By Consumer Electronics, 2019-2028 (In $ Million)
Table 9: Europe 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: Europe Wireless Charging Market, By Transmitters, 2019-2028 (In $ Million)
Figure 7: Europe Wireless Charging Market, By Receivers, 2019-2028 (In $ Million)
Figure 8: Europe Wireless Charging Market, By Inductive, 2019-2028 (In $ Million)
Figure 9: Europe Wireless Charging Market, By Resonant, 2019-2028 (In $ Million)
Figure 10: Europe Wireless Charging Market, By Radio Frequency, 2019-2028 (In $ Million)
Figure 11: Europe Wireless Charging Market, By Other Technologies, 2019-2028 (In $ Million)
Figure 12: Europe Wireless Charging Market, By Automotive, 2019-2028 (In $ Million)
Figure 13: Europe Wireless Charging Market, By Consumer Electronics, 2019-2028 (In $ Million)
Figure 14: Number of Smartphone Users Worldwide, 2015-2020 (In Billion)
Figure 15: Europe 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: Europe Wireless Charging Market, By Tablets, 2019-2028 (In $ Million)
Figure 18: Wearable Devices Market Estimates, 2014-2018 (In $ Billion)
Figure 19: Europe Wireless Charging Market, By Wearable Devices, 2019-2028 (In $ Million)
Figure 20: Europe Wireless Charging Market, By Others, 2019-2028 (In $ Million)
Figure 21: Europe Wireless Charging Market, By Industrial, 2019-2028 (In $ Million)
Figure 22: Europe Wireless Charging Market, By Healthcare, 2019-2028 (In $ Million)
Figure 23: Europe Wireless Charging Market, By Aerospace & Defence, 2019-2028 (In $ Million)
Figure 24: Europe Wireless Charging Market, By Other End-Users, 2019-2028 (In $ Million)
Figure 25: Europe Wireless Charging Market, Regional Outlook, 2019 & 2028 (In %)
Figure 26: United Kingdom Wireless Charging Market, 2019-2028 (In $ Million)
Figure 27: Germany Wireless Charging Market, 2019-2028 (In $ Million)
Figure 28: France Wireless Charging Market, 2019-2028 (In $ Million)
Figure 29: Spain Wireless Charging Market, 2019-2028 (In $ Million)
Figure 30: Italy Wireless Charging Market, 2019-2028 (In $ Million)
Figure 31: Russia Wireless Charging Market, 2019-2028 (In $ Million)
Figure 32: Rest of Europe Wireless Charging Market, 2019-2028 (In $ Million)