PUBLISHER: The Business Research Company | PRODUCT CODE: 1760173
PUBLISHER: The Business Research Company | PRODUCT CODE: 1760173
A magnetic wireless car charger is an in-vehicle accessory that combines Qi-standard wireless charging technology with built-in magnets-often compatible with MagSafe-to securely hold and align a compatible smartphone without the need for cables. This magnetic alignment ensures efficient charging while improving convenience and safety during driving.
The primary types of magnetic wireless car chargers include standard magnetic chargers, fast-charging models, multi-device chargers, portable versions, and magnetic charging mounts. Standard magnetic wireless chargers provide moderate-speed charging with magnetic alignment and support a wide range of smartphones, making them suitable for everyday and in-car use. These chargers are designed for various vehicle types, including passenger cars and commercial vehicles, and support multiple charging standards such as Qi and the Power Matters Alliance (PMA) standard. They are available through both online and offline retail channels and serve diverse end-user applications, including consumer electronics, the automotive sector, commercial fleets, public transportation, and emergency service vehicles.
The magnetic wireless car charger market research report is one of a series of new reports from The Business Research Company that provides magnetic wireless car charger market statistics, including the magnetic wireless car charger industry global market size, regional shares, competitors with the magnetic wireless car charger market share, detailed magnetic wireless car charger market segments, market trends, opportunities, and any further data you may need to thrive in the magnetic wireless car charger industry. This magnetic wireless car charger market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The magnetic wireless car charger market size has grown rapidly in recent years. It will grow from $1.05 billion in 2024 to $1.18 billion in 2025 at a compound annual growth rate (CAGR) of 12.3%. The growth during the historic period is attributed to the rising use of smartphones, increasing demand for in-car convenience, greater adoption of electric vehicles, advancements in automotive technology, and heightened awareness of the advantages of wireless charging.
The magnetic wireless car charger market size is expected to see rapid growth in the next few years. It will grow to $1.85 billion in 2029 at a compound annual growth rate (CAGR) of 11.9%. During the forecast period, growth is expected to stem from rising demand for autonomous vehicles, stricter government regulations encouraging eco-friendly solutions, expansion of electric vehicle infrastructure, increased consumer desire for seamless in-car experiences, and a stronger focus on energy efficiency in automotive technologies. Key trends include technological innovations, progress in wireless charging systems, increased investment in research and development, breakthroughs in energy transfer methods, and improvements in charging speed.
The growing demand for electric vehicles is expected to drive the expansion of the magnetic wireless car charger market in the coming years. Electric vehicles (EVs) use electricity from rechargeable batteries as their primary or partial power source instead of relying solely on gasoline or diesel engines. This increase in electric vehicle adoption is fueled by heightened environmental awareness, as both governments and consumers seek cleaner alternatives to reduce greenhouse gas emissions. Magnetic wireless chargers for electric vehicles enable cable-free charging by using magnetic alignment to position the vehicle's charging pad accurately. This approach ensures efficient power transfer while reducing wear on connectors, offering greater convenience. For example, according to Statistics Canada, a Canadian government agency, electric vehicles represented 3.0% of light-duty vehicle registrations in 2022, up from 2.3% in 2021. As a result, the rising demand for electric vehicles is boosting growth in the magnetic wireless car charger market.
Leading companies in the magnetic wireless car charger market are focusing on developing advanced products like multi-device magnetic wireless chargers to enhance user experience through faster and more efficient power delivery. These chargers allow multiple devices to be charged simultaneously through magnetic alignment, eliminating the need for physical connectors. They provide a convenient and organized solution, often featuring several charging pads or a single multi-functional pad. For instance, in January 2022, Kodak, a US-based photography company, collaborated with Georgian Enterprises, an India-based consumer electronics and mobile accessories firm, to launch two MagSafe wireless chargers in India. These products are designed for the iPhone 12 and iPhone 13 series and include a car wireless charger (model WCM101C) and a home wireless charger (model WCM201). Both chargers support up to 15W fast charging, use strong neodymium magnets to secure phone placement, and the car charger features a 360-degree rotating mount. Safety measures such as overvoltage and overcharging protection are included, and the chargers are available on Amazon and Flipkart with a one-year warranty.
In January 2024, Sinanen Holdings Co., Ltd., a Japan-based electric services company, partnered with WiTricity Corporation to advance wireless EV charging technology for a sustainable Japan. The collaboration seeks to accelerate the deployment, commercial adoption, and regulatory approval of WiTricity's wireless EV charging solutions, supporting Japan's goals for decarbonization and improving charging convenience for both consumers and commercial fleets. WiTricity Corporation, based in the US, specializes in wireless power transfer solutions, particularly advanced magnetic resonance charging systems for electric vehicles.
Major players in the magnetic wireless car charger market are Anker Innovations Co. Ltd., ESR Tech, Aukey Technology Co. Ltd., Peak Design LLC, Satechi LLC, Verbatim GmbH, Shenzhen Baseus Technology Co. Ltd., Ugreen Group Ltd., Scosche Industries Inc., Syncwire Inc., WiTricity Corporation, Epico s.r.o., Zens B.V., WiWU Technology Co. Ltd., XVIDA d.o.o., Cygnett Pty Ltd., Avanca International B.V., Beelan Technology Co. Ltd., Raegr India, Kapaver Private Limited.
North America was the largest region in the magnetic wireless car charger market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in magnetic wireless car charger report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the magnetic wireless car charger market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The magnetic wireless car charger market consists of sales of magnetic mounts, snap-on wireless pads, and integrated magnetic car docks. Values in this market are 'factory gate' values, that is, the value of goods sold to the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Magnetic Wireless Car Charger Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on magnetic wireless car charger market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for magnetic wireless car charger ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The magnetic wireless car charger market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.