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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1349845

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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1349845

Wireless Charging Market, By component, By Technology, By Application, By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)-Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030

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Global Wireless Chargings Market size was valued at US$ 5.8 Bn in 2022, exhibiting a compound annual growth rate (CAGR) of 22.9% from 2023 to 2030.

Report Coverage Report Details
Base Year: 2022 Market Size in 2023: US$ 7.1 Bn
Historical Data for: 2018 to 2021 Forecast Period: 2023 - 2030
Forecast Period 2023 to 2030 CAGR: 22.90% 2030 Value Projection: US$ 30 Bn
Wireless Charging Market - IMG1

Wireless charging, also referred to as inductive charging, is a method of transferring power without the use of cords, utilizing electromagnetic induction to supply electricity to portable devices. It is commonly employed for charging smartphones, tablets, and smartwatches, functioning through the principle of inductive power transfer, where energy is transmitted between two objects using an electromagnetic field. The wireless charging system consists of receiver and transmitter components and incorporates other technologies like resonance charging and radiofrequency technology.

In addition to its application in consumer electronics, wireless charging is utilized in diverse areas such as electric vehicle charging, electric toothbrushes, power tools, and medical devices. The convenience of wireless charging lies in its ability to charge devices without requiring physical contact or precise alignment with a charging station or inductive pad. Furthermore, wireless charging explores various alternatives such as resonance charging, radiofrequency technology, laser beam, microwave, and conductive technologies to achieve efficient energy transfer.

Market Dynamics

The global wireless charging market is primarily driven by the increasing sales of electric vehicles worldwide. The growing popularity of electric vehicles can be attributed to their low maintenance and cost-effectiveness. According to the International Energy Agency (IEA) ,10 million electric cars were sold in 2022, and was expected to grow by 35% further. As automakers adopt wireless charging technology, it offers convenience and ease of use for charging electric vehicles. Users simply need to park their cars over the charging pad, eliminating the need for plug-in charging cables and providing a sophisticated charging experience.

Furthermore, the rise in consumer awareness about wireless charging, driven by technological advancements in mobile devices, has shifted consumer preferences towards wireless charging. Major mobile device vendors are incorporating wireless charging features in high-end models of laptops, smartphones, wearables, and notebooks, further supporting the growth of the global wireless charging market. For instance, Google Nexus 6 smartphone features Qi wireless charging technology, highlighting the increasing adoption of wireless charging in the consumer electronics sector.

Key features of the study:

  • This report provides an in-depth analysis of the global Wireless Charging market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 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
  • Companies covered as a part of this study are 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., 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
  • 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
  • Global Wireless Charging Market, By Region:
    • North America
    • U.S.
    • Canada
    • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
    • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
    • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
    • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa
  • Company Profiles
    • 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.
Product Code: CMI3585

Table of Contents

1. Research Objectives and Assumptions

  • Research Objectives
  • Assumptions
  • Abbreviations

2. Market Purview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Component
    • Market Snippet, By Technology
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
  • Capability to charge multiple devices at the same time
  • Increased usage of wireless chargers in consumer electronic devices.
    • Restraints
  • Slow charging rate of wireless charging
    • Market Opportunities
  • Wireless charging for Electronic Vehicles
  • Regulatory Scenario
  • Industry Trend
  • Merger and Acquisitions
  • New system Launches/Approvals
  • Impact of COVID-19 Pandemic

4. Global Wireless Charging Market, By Component, 2023-2030, (US$ Billion)

  • Introduction
    • Market Share Analysis, 2023 and 2030 (%)
    • Y-o-Y Growth Analysis, 2018 - 2030
    • Segment Trends Market Share Analysis, 2022 and 2030 (%)
  • Transmitters
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
  • Receivers
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)

5. Global Wireless Charging Market, By Technology, 2023-2030, (US$ Billion)

  • Introduction
    • Market Share Analysis, 2022 and 2030 (%)
    • Y-o-Y Growth Analysis, 2018 - 2030
    • Segment Trends Market Share Analysis, 2022 and 2030 (%)
  • Inductive Technology
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
  • Resonance Charging Radio Frequency Technology
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
  • Others
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)

6. Global Wireless Charging Market, By Application, 2023-2030, (US$ Billion)

  • Introduction
    • Market Share Analysis, 2022 and 2030 (%)
    • Y-o-Y Growth Analysis, 2018 - 2030
    • Segment Trends Market Share Analysis, 2022 and 2030 (%)
  • Consumer Electronics
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
  • Automotive
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
  • Healthcare
    • Introduction
    • Market Size and Forecast, 2018-2030, (US$ Billion)
  • Others
    • Introduction
    • Market Size and Forecast, 2018-2030, (US$ Billion)

7. Global Wireless Charging Market, By Region, 2023-2030, (US$ Billion)

  • Introduction
    • Market Share Analysis, By Country, 2022 and 2030 (%)
    • Y-o-Y Growth Analysis, For Country 2018-2030
  • Country Trends
    • North America
  • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
    • Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030, (US$ Billion)
    • Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018-2030, (US$ Billion)
    • Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Billion)
    • Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
  • U.S.
  • Canada
    • Europe
  • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
    • Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030, (US$ Billion)
    • Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018-2030, (US$ Billion)
    • Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Billion)
    • Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
    • Asia Pacific
  • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
    • Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030, (US$ Billion)
    • Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018-2030, (US$ Billion)
    • Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Billion)
    • Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
    • Latin America
  • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
    • Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030, (US$ Billion)
    • Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018-2030, (US$ Billion)
    • Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Billion)
    • Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
  • Brazil
  • Mexico
  • Rest of Latin America
    • Middle East & Africa
  • Introduction
    • Market Size and Forecast, and Y-o-Y Growth,2018-2030 (US$ Billion)
    • Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030, (US$ Billion)
    • Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018-2030, (US$ Billion)
    • Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Billion)
    • Market Size and Forecast, and Y-o-Y Growth, By Country/Sub-region, 2018-2030, (US$ Billion)
  • South Africa
  • GCC Countries
  • Rest of the Middle East & Africa

8. Competitive Landscape

  • 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
    • Pathronic AG
  • 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
    • 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

9. Section

  • References
  • Research Methodology
  • About us and Sales Contact
Have a question?
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Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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