Wireless Charging Market by Technology, Implementation, Application

List of Tables

[183 Pages Report] The Wireless Charging Market size was estimated at USD 19.92 billion in 2022 and expected to reach USD 22.51 billion in 2023, at a CAGR 13.52% to reach USD 54.98 billion by 2030.

Global Wireless Charging Market

KEY MARKET STATISTICS
Base Year [2022]	USD 19.92 billion
Estimated Year [2023]	USD 22.51 billion
Forecast Year [2030]	USD 54.98 billion
CAGR (%)	13.52%

The wireless charging market encompasses a broad range of technologies and devices that enable the transfer of electrical energy without physical connectors or cables. Innovations in consumer electronics lead to increased adoption of smartphones and wearables with integrated wireless charging capabilities. Rapid advancements in electric vehicle infrastructure are driving demand for convenient EV charging solutions. However, inefficiencies in power transfer compared to wired alternatives can lead to longer charging times and energy losses during transmission. Market players are working on developing improved efficiency levels and reducing energy losses during power transmission using advanced materials or novel system designs. Increasing deployment of IoT devices requiring efficient power sources and minimal maintenance efforts to improve overall operational efficiency is expected to elevate the need for advanced wireless charging. Moreover, a growing focus on patient-centric healthcare models prompts medical device manufacturers to encourage the incorporation of wireless power transmission features for better patient outcomes and user experience.

Regional Insights

In the Americas, wireless charging has become increasingly popular due to growing consumer demand for convenient and efficient power solutions. The United States and Canada represent a significant portion of the global market share for wireless charging devices. Regarding production capabilities within the region, North America is home to some key players in the industry contributing to advancements in resonant and radio frequency-based technologies for wireless power transfer. Asia is a significant region in the wireless charging market both in terms of production capacity and adoption rates. Additionally, these countries have invested heavily in infrastructure that supports EVs with integrated wireless charging systems. Asia's competitive landscape highlights numerous regional players vying for market share and fostering innovation. Companies in Asia are building a dynamic ecosystem that promotes technological advancements and cost-effective solutions. The European market has shown steady growth in the adoption of wireless charging technologies as they are home to strong research institutions that drive innovation in wireless power transfer technology, particularly with regard to EVs and public transport. European automakers are integrating wireless charging systems into their vehicles to meet consumer demand for convenient EV power solutions.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Wireless Charging Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Wireless Charging Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Wireless Charging Market, highlighting leading vendors and their innovative profiles. These include Abracon LLC, Analog Devices, Inc., Anker Innovations Technology Co., Ltd, Apple Inc., Belkin, B&PLUS KK by Balluff GmbH, DAIHEN Corporation, Delta Electronics, Inc., Energizer Holdings, Inc., energysquare SAS, Hon Hai Precision Industry Co. Ltd., In2power NV, Infineon Technologies AG, Laird Technologies, Inc., LG Electronics Inc., Metaboards, Murata Manufacturing Co., Ltd., NXP Semiconductors N.V, Ossia Inc., Panasonic Holdings Corporation, Plugless Power LLC, Powercast Corporation, Powermat Technologies Ltd., Renesas Electronics Corporation, Resonant Link, Inc., Robert Bosch GmbH, Samsung Electronics Co., Ltd., Semtech Corporation, Skyworks Solutions, Inc., Sony Group Corporation, STMicroelectronics N.V., TDK Corporation, Texas Instruments Incorporated, WiBotic Inc., Wiferion GmbH by PULS GmbH, WiTricity Corporation, Yank Technologies, Inc., and ZENS Consumer BV.

Market Segmentation & Coverage

This research report categorizes the Wireless Charging Market to forecast the revenues and analyze trends in each of the following sub-markets:

Technology
- Inductive
- Radio Frequency
- Resonant
Implementation
- Receivers
- Transmitters
Application
- Aerospace & Defense
- Automotive
- Consumer Electronics
- Healthcare
- Industrial
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Wireless Charging Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Wireless Charging Market?

3. What are the technology trends and regulatory frameworks in the Wireless Charging Market?

4. What is the market share of the leading vendors in the Wireless Charging Market?

5. Which modes and strategic moves are suitable for entering the Wireless Charging Market?

Product Code: MRR-5A2C6AA65CDA

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Wireless Charging Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing penetration of smartphones and wearable devices worldwide
  - 5.1.1.2. Rising consumer shift toward electric vehicles
  - 5.1.1.3. Need for simultaneous charging of multiple devices
- 5.1.2. Restraints
  - 5.1.2.1. High costs of wireless charging technologies
- 5.1.3. Opportunities
  - 5.1.3.1. Introduction of new wireless charging technology in warehouse logistics
  - 5.1.3.2. Surge in demand for implantable medical devices
- 5.1.4. Challenges
  - 5.1.4.1. Compatibility and durability issues of wireless charging solutions
5.2. Market Segmentation Analysis
- 5.2.1. Technology: Rising preference for inductive charging for small-frequency devices
- 5.2.2. Implementation: Advanced transceivers with Qi-standard to improve charging capacities
- 5.2.3. Application: Exponential use of electric vehicles powered by wireless charging solutions
5.3. Market Trend Analysis
- 5.3.1. Presence of major native players and the rising introduction of novel wireless charging technologies in the Americas
- 5.3.2. Expanding usage of wireless charging in consumer electronics and wearable medical devices in Asia-Pacific region
- 5.3.3. Increasing development of wireless charging technologies for electric vehicles in EMEA region
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Wireless Charging Market, by Technology

6.1. Introduction
6.2. Inductive
6.3. Radio Frequency
6.4. Resonant

7. Wireless Charging Market, by Implementation

7.1. Introduction
7.2. Receivers
7.3. Transmitters

8. Wireless Charging Market, by Application

8.1. Introduction
8.2. Aerospace & Defense
8.3. Automotive
8.4. Consumer Electronics
8.5. Healthcare
8.6. Industrial

9. Americas Wireless Charging Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Wireless Charging Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Wireless Charging Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Merger & Acquisition
  - 12.3.1.1. Tesla Sells Its Recently Purchased German Wireless Charging Startup Wiferion
  - 12.3.1.2. LG to Sell its in-car Handset Wireless Charging Business to BH
- 12.3.2. Agreement, Collaboration, & Partnership
  - 12.3.2.1. Yank Technologies to Develop Wireless Charging Solutions for NASA's Autonomous Vehicles on the Moon
  - 12.3.2.2. Powercast, Powermat Partner on Wireless Charging
  - 12.3.2.3. WiBotic Introduces PowerPad Pro to Provide Wireless Charging, Data Transfer for Industrial UAVs
  - 12.3.2.4. BizLink and Energysquare Form Partnership to Bring Multi-Device Wireless Charging Solutions to Market Utilizing Power by Contact Technology
- 12.3.3. New Product Launch & Enhancement
  - 12.3.3.1. Delta Showcases New 30kW Wireless Charging System and Industrial Automation Solutions for Next-Generation Warehousing and Logistics
  - 12.3.3.2. Renesas Presents Wireless Power Transmitter Technology for Portable Device Charging at ISSCC
  - 12.3.3.3. 'Qi2' Next Generation Wireless Charging Standard Based on Apple's MagSafe Announced
  - 12.3.3.4. Powercast Unveils CES Award Winning Ubiquity Low-Cost RF Power Transmitter to Bring Convenient Over-the-Air Wireless Charging into Homes
  - 12.3.3.5. Sony's PS5 Controller Could come with Wireless Charging Support
  - 12.3.3.6. Powermat Launches an Innovative Wireless Power Solution Designed for Small IoT Devices

13. Competitive Portfolio

13.1. Key Company Profiles
- 13.1.1. Abracon LLC
- 13.1.2. Analog Devices, Inc.
- 13.1.3. Anker Innovations Technology Co., Ltd
- 13.1.4. Apple Inc.
- 13.1.5. Belkin
- 13.1.6. B&PLUS KK by Balluff GmbH
- 13.1.7. DAIHEN Corporation
- 13.1.8. Delta Electronics, Inc.
- 13.1.9. Energizer Holdings, Inc.
- 13.1.10. energysquare SAS
- 13.1.11. Hon Hai Precision Industry Co. Ltd.
- 13.1.12. In2power NV
- 13.1.13. Infineon Technologies AG
- 13.1.14. Laird Technologies, Inc.
- 13.1.15. LG Electronics Inc.
- 13.1.16. Metaboards
- 13.1.17. Murata Manufacturing Co., Ltd.
- 13.1.18. NXP Semiconductors N.V
- 13.1.19. Ossia Inc.
- 13.1.20. Panasonic Holdings Corporation
- 13.1.21. Plugless Power LLC
- 13.1.22. Powercast Corporation
- 13.1.23. Powermat Technologies Ltd.
- 13.1.24. Renesas Electronics Corporation
- 13.1.25. Resonant Link, Inc.
- 13.1.26. Robert Bosch GmbH
- 13.1.27. Samsung Electronics Co., Ltd.
- 13.1.28. Semtech Corporation
- 13.1.29. Skyworks Solutions, Inc.
- 13.1.30. Sony Group Corporation
- 13.1.31. STMicroelectronics N.V.
- 13.1.32. TDK Corporation
- 13.1.33. Texas Instruments Incorporated
- 13.1.34. WiBotic Inc.
- 13.1.35. Wiferion GmbH by PULS GmbH
- 13.1.36. WiTricity Corporation
- 13.1.37. Yank Technologies, Inc.
- 13.1.38. ZENS Consumer BV
13.2. Key Product Portfolio

14. Appendix

14.1. Discussion Guide
14.2. License & Pricing