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PUBLISHER: Grand View Research | PRODUCT CODE: 1433711
PUBLISHER: Grand View Research | PRODUCT CODE: 1433711
Wireless Charging Market Size, Share & Trends Analysis Report By Component (Transmitters, Receivers), By Technology (Inductive, Resonant, RF), By Application, By End-use, By Region, And Segment Forecasts, 2023 - 2030
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Wireless Charging Market Growth & Trends:
The global wireless charging market size is expected to reach USD 31.63 billion by 2030, growing at a CAGR of 24.2% from 2023 to 2030, according to a new study by Grand View Research, Inc. The increasing adoption of wireless technologies in consumer electronics for charging smartphones, tablets, and other devices is driving the market growth over the forecast period. This is due to the convenience and ease of using wireless charging and the fact that it eliminates the need for cables and chargers, which is further propelling the wireless charging market growth.
Moreover, the increasing adoption of wireless charging technology in the passenger vehicle business is expected to drive the market growth over the forecast period. For instance, in May 2022, Tata Power, a subsidiary of Tata Sons, partnered with Hyundai Motor India Limited (HMIL). The goal of the partnership was to create a robust electric vehicle (EV) charging infrastructure, with the objective of expediting the extensive integration of electric vehicles across India. As part of this collaboration, Tata Power deployed its 60 kW fast chargers from the Tata Power EZ Charge series at 34 established EV dealer sites across 29 cities affiliated with Hyundai Motor India Limited (HMIL).
Several companies operating in the wireless charging market focused on launching new products and offerings to cater to the larger customer base and to strengthen their foothold in the industry. For instance, in August 2023, Belkin International Inc. launched 2-in-1 wireless charging pad with MagSafe. The latest wireless charging pad offers compatibility with Apple's MagSafe wireless charging standard, enabling it to deliver a power boost of up to 15W for iPhone 12 models and later versions. Such advancements are poised to fuel the growth of the market in the coming years.
Wireless Charging Market Report Highlights:
- Based on the component segment, the transmitter component segment accounted for the largest market share in 2022. This is attributed to the significant advancements in transmitter technology
- Based on the technology segment, the inductive technology segment accounted for the largest market share in 2022. This is attributed to the adoption of the inductive technology along with standardization across the industry
- Based on the application segment, the consumer electronics segment accounted for the largest revenue share in 2022 and is expected to continue the same trend over the forecast period. The growth of the segment is attributed to the widespread integration of wireless charging technology
- The Asia Pacific regional market captured the highest revenue share in 2022. This dominance is attributed to the region's ongoing technological advancements along with the surge in demand for wireless charging
Product Code: 978-1-68038-655-4
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definitions
- 1.3 Information Procurement
- 1.3.1 Information Analysis
- 1.3.2 Market Formulation & Data Visualization
- 1.3.3 Data Validation & Publishing
- 1.4 Research Scope and Assumptions
- 1.4.1 List of Data Sources
Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Segment Snapshot
- 2.3 Competitive Landscape Snapshot
Chapter 3 Market Variables, Trends & Scope
- 3.1 Market Lineage Outlook
- 3.2 Industry Value Chain Analysis
- 3.3 Market Dynamics
- 3.3.1 Market Driver Analysis
- 3.3.2 Market Restraint Analysis
- 3.3.3 Market Challenges
- 3.3.4 Market Opportunities
- 3.4 Industry Analysis Tools
- 3.4.1 PORTER'S Analysis
- 3.4.2 MACROECONOMIC Analysis
- 3.5 Wireless Charging Market - Technology Trends
- 3.6 Wireless Charging Market - COVID-19 Impact Analysis
Chapter 4 Component Estimates & Trend Analysis
- 4.1 Component Movement Analysis & Market Share, 2022 & 2030
- 4.2 Wireless Charging Market Estimates & Forecast, By Component (USD Million)
- 4.2.1 Transmitters
- 4.2.2 Receivers
Chapter 5 Technology Estimates & Trend Analysis
- 5.1 Technology Movement Analysis & Market Share, 2022 & 2030
- 5.2 Wireless Charging Market Estimates & Forecast, By Technology (USD Million)
- 5.2.1 Inductive
- 5.2.2 Resonant
- 5.2.3 Radio Frequency
- 5.2.4 Others
Chapter 6 Application Estimates & Trend Analysis
- 6.1 Application Movement Analysis & Market Share, 2022 & 2030
- 6.2 Wireless Charging Market Estimates & Forecast, By Application (USD Million)
- 6.2.1 Automotive
- 6.2.2 Consumer Electronics
- 6.2.3 Industrial
- 6.2.4 Healthcare
- 6.2.5 Defense
- 6.2.6 Others
Chapter 7 Regional Estimates & Trend Analysis
- 7.1 Wireless Charging Market by Region, 2022 & 2030
- 7.2 North America
- 7.2.1 North America Wireless Charging Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.2.2 U.S.
- 7.2.2.1 U.S. Wireless Charging Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.2.3 Canada
- 7.2.3.1 Canada Wireless Charging Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.3 Europe
- 7.3.1 Europe Wireless Charging Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.3.2 Germany
- 7.3.2.1 Germany Wireless Charging Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.3.3 U.K.
- 7.3.3.1 U.K. Wireless Charging Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.3.4 France
- 7.3.4.1 France Wireless Charging Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.3.5 Italy
- 7.3.5.1 Italy Wireless Charging Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.3.6 Spain
- 7.3.6.1 Spain Wireless Charging Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.4 Asia Pacific
- 7.4.1 Asia Pacific Wireless Charging Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.4.2 China
- 7.4.2.1 China Wireless Charging Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.4.3 Japan
- 7.4.3.1 Japan Wireless Charging Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.4.4 India
- 7.4.4.1 India Wireless Charging Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.4.5 South Korea
- 7.4.5.1 South Korea Wireless Charging Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.5 Latin America
- 7.5.1 Latin America Wireless Charging Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.5.2 Brazil
- 7.5.2.1 Brazil Wireless Charging Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.5.3 Mexico
- 7.5.3.1 Mexico Wireless Charging Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.6 Middle East & Africa (MEA)
- 7.6.1 MEA Wireless Charging Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.6.2 Saudi Arabia
- 7.6.2.1 Saudi Arabia Wireless Charging Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.6.3 UAE
- 7.6.3.1 UAE Wireless Charging Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Chapter 8 Wireless Charging Market - Competitive Landscape
- 8.1 Key Market Participants
- 8.1.1 Samsung Electronics
- 8.1.2 Energous Corporation
- 8.1.3 Powermat Technologies
- 8.1.4 Ossia Inc.
- 8.1.5 WiTricity Corporation
- 8.1.6 Plugless Power LLC
- 8.1.7 Powercast Corporation
- 8.1.8 ConvenientPower HK Ltd.
- 8.1.9 Texas Instruments, Inc.
- 8.1.10 Semtech Corporation
- 8.1.11 Renesas Electronics Corporation
- 8.1.12 Belkin International, Inc.
- 8.2 Recent Development & Impact Analysis, By Key Market Participants
- 8.3 Company Categorization
- 8.4 Participant's Overview
- 8.5 Financial Performance
- 8.6 Product Benchmarking
- 8.7 Company Heat Map Analysis
- 8.8 Strategy Mapping
- 8.8.1 Partnership
- 8.8.2 Merger & Acquisition
- 8.8.3 New Product/Feature Launch
- 8.8.4 Certifications
- 8.5 Expansion
Product Code: 978-1-68038-655-4
List of Tables
- Table 1 Key market driver impact
- Table 2 Key market restraint impact
- Table 3 Global wireless charging market revenue estimates and forecast, by component, 2018 - 2030 (USD Million)
- Table 4 Global wireless charging market revenue estimates and forecast, by technology, 2018 - 2030 (USD Million)
- Table 5 Global wireless charging market revenue estimates and forecast, by application, 2018 - 2030 (USD Million)
- Table 6 Company heat map analysis
- Table 7 Key companies undergoing partnerships
- Table 8 Key companies involved in merger & acquisition
- Table 9 Key companies involved in new product launch
List of Figures
- Fig. 1 Wireless charging market segmentation
- Fig. 2 Information procurement
- Fig. 3 Data analysis models
- Fig. 4 Market formulation and validation
- Fig. 5 Data validating & publishing
- Fig. 6 Market snapshot
- Fig. 7 Segment snapshot
- Fig. 8 Industry snapshot
- Fig. 9 Wireless Charging market value, 2022 (USD Million)
- Fig. 10 Value chain analysis
- Fig. 11 Market dynamics
- Fig. 12 Wireless charging market: Porter's analysis
- Fig. 13 Wireless charging market: PESTEL analysis
- Fig. 14 Wireless charging market, by component, key takeaways, 2018-2030, Revenue (USD Million)
- Fig. 15 Wireless charging market, by component: market share, 2022 & 2030
- Fig. 16 Transmitters market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 17 Receivers market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 18 Wireless charging market, by technology, key takeaways, 2018-2030, Revenue (USD Million)
- Fig. 19 Wireless charging market, by technology: market share, 2022 & 2030
- Fig. 20 Inductive market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 21 Resonant market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 22 Radio Frequency market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 23 Others market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 24 Wireless charging market, by application, key takeaways, 2018-2030, Revenue (USD Million)
- Fig. 25 Wireless charging market, by application: market share, 2022 & 2030
- Fig. 26 Automotive market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 27 Consumer Electronics market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 28 Industrial market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 29 Healthcare market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 30 Defense market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 31 Others market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 32 Regional marketplace: Key takeaways
- Fig. 33 North America wireless charging market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 34 U.S. wireless charging market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 35 Canada wireless charging market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 36 Europe wireless charging market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 37 Germany wireless charging market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 38 U.K. wireless charging market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 39 France wireless charging market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 40 Italy wireless charging market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 41 Spain wireless charging market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 42 Asia Pacific wireless charging market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 43 China wireless charging market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 44 Japan wireless charging market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 45 India wireless charging market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 46 South Korea wireless charging market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 47 Latin America wireless charging market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 48 Brazil wireless charging market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 49 Mexico wireless charging market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 50 MEA wireless charging market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 51 Saudi Arabia wireless charging market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 52 UAE wireless charging market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 53 Key company categorization
- Fig. 54 Strategy framework
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