Wireless charging or inductive charging is a type of cordless power transfer wherein it uses electromagnetic induction to provide electricity to portable devices. Wireless charging is typically used to supply power to smartphones, tablets, and smart watches. It is based on the principle of inductive power transfer (IPT) wherein an electromagnetic field between two objects is used for transferring energy. Wireless charging is comprised of two components namely receiver and transmitter. Moreover, it uses other technologies such as resonance charging and radiofrequency technology.
The global wireless charging market was valued for US$ 4,500 Mn in 2021.
The global wireless charging market was valued for US$ 4,500 Mn in 2021.
Market Dynamics
Increasing sales of electric vehicles worldwide is the major driver driving the global wireless charging market owing to increase in sales of electric vehicle, owing to low maintenance and cost-effective features. According to the Edison Electric Institute (EEI), in 2018, the electric vehicle sales increased by 81% as compared to 2017. Electric vehicles are powered by rechargeable batteries that are charged using electricity. Over the years, automakers have started using wireless charging since it is convenient and easy to use. The driver needs to part their car over the charging pad. This also provides sophisticated experience as there is no need to plug-in charging cables. Moreover, increasing consumer awareness regarding wireless charging owing to Technological advancements in mobile devices such as embedded wireless charging technology have shifted preference of consumers towards wireless charging. Increasing number of mobile device vendors are incorporating wireless charging feature in high-end models of laptops, smartphones, wearable, and notebooks, which in turn, is expected to support the global wireless charging market growth the over the forecast period. For instance, Google Nexus 6 smartphone is enabled with Qi wireless charging technology.Key Features of the Study:
- This report provides an in-depth analysis of global wireless charging market (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022 to 2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
- It profiles leading players in the global wireless charging market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
Key players operating in the global wireless charging market are Energizer Holding, Inc., PowerbyProxi, Pathronic AG, Qualcomm Technologies, Inc., ConvenientPower HK Limited, Powermat Technologies, WiTricity Corporation, Xiaomi Inc., Xiaomi, Integrated Device Technology Inc., Leggett and Platt Inc., and Texas Instruments Inc.
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
- The global wireless charging market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Global Wireless charging Market
Detailed Segmentation
Global Wireless charging Market, By Component:
- Transmitters
- Receivers
Global Wireless charging Market, By Technology:
- Inductive Technology
- Resonance Charging
- Radio Frequency Technology
- Others
Global Wireless charging Market, By Application:
- Consumer Electronics
- Automotive
- Healthcare
- Industrial
- Others
Global Wireless charging Market, By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Company Profiles
- Energizer Holding, Inc*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- PowerbyProxi
- Pathronic AG
- Qualcomm Technologies, Inc
- ConvenientPower HK Limited
- Powermat Technologies
- WiTricity Corporation
- Xiaomi Inc.
- Integrated Device Technology Inc.
- Leggett and Platt Inc
- Texas Instruments Inc
Table of Contents
1. Research Objectives and Assumptions- Research Objectives
- Assumptions
- Abbreviations
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Component
- Market Snippet, By Technology
- Market Snippet, By Application
- Market Snippet, By Region
- Publisher Opportunity Map (COM)
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New system Launch/Approvals
- Impact of COVID-19 Pandemic
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
- Transmitters
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)
- Receivers
- Introduction
- Market Size and Forecast, 2017-2030, (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
- Inductive Technology
- Introduction
- Market Size and Forecast, 2017 - 2030, (US$ Million)
- Resonance Charging
- Introduction
- Market Size and Forecast, 2017 - 2030, (US$ Million)
- Radio Frequency Technology
- Introduction
- Market Size and Forecast, 2017 - 2030, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, 2017 - 2030, (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
- Consumer Electronics
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
- Automotive
- Introduction
- Market Size and Forecast, 2017 - 2030, (US$ Million)
- Healthcare
- Introduction
- Market Size and Forecast, 2017 - 2030, (US$ Million)
- Industrial
- Introduction
- Market Size and Forecast, 2017 - 2030, (US$ Million)
- Others
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
- Introduction
- Market Share Analysis, By Region, 2022 and 2030 (%)
- North America
- Regional Trends
- Market Size and Forecast, By Component Type, 2017 - 2030 (US$ Million)
- Market Size and Forecast, By Technology, 2017-2030 (US$ Million)
- Market Size and Forecast, By Application, 2017 - 2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
- U.S.
- Canada
- Europe
- Regional Trends
- Market Size and Forecast, By Component Type, 2017 - 2030 (US$ Million)
- Market Size and Forecast, By Technology, 2017-2030 (US$ Million)
- Market Size and Forecast, By Application, 2017 - 2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
- U.K.
- Germany
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Component Type, 2017 - 2030 (US$ Million)
- Market Size and Forecast, By Technology, 2017-2030 (US$ Million)
- Market Size and Forecast, By Application, 2017 - 2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Component Type, 2017 - 2030 (US$ Million)
- Market Size and Forecast, By Technology, 2017-2030 (US$ Million)
- Market Size and Forecast, By Application, 2017 - 2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East and Africa
- Regional Trends
- Market Size and Forecast, By Component Type, 2017 - 2030 (US$ Million)
- Market Size and Forecast, By Technology, 2017-2030 (US$ Million)
- Market Size and Forecast, By Application, 2017 - 2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
- South Africa
- GCC Countries
- Rest of the Middle East and Africa
- Company Profiles
- Energizer Holding, Inc
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- PowerbyProxi
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- Qualcomm Technologies, Inc
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- ConvenientPower HK Limited
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- Powermat Technologies
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- Pathronic AG
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- WiTricity Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- Xiaomi Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- Integrated Device Technology Inc
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- Leggett and Platt Inc
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- Texas Instruments Inc
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- Analyst Views
- References
- Research Methodology
- About the Author and Sales Contact
Companies Mentioned
A selection of companies mentioned in this report includes:
- Energizer Holding, Inc
- PowerbyProxi
- Pathronic AG
- Qualcomm Technologies, Inc
- ConvenientPower HK Limited
- Powermat Technologies
- WiTricity Corporation
- Xiaomi Inc.
- Integrated Device Technology Inc.
- Leggett and Platt Inc
- Texas Instruments Inc
