Wireless Charging Market, by component (Transmitters and Receivers), by Technology (Inductive Technology, Resonance Charging , Radio Frequency Technology And Others), by Application (Consumer Electronics, Automotive, Healthcare and Industrial ) and by Geo

Wireless Charging Market, by component (Transmitters and Receivers), by Technology (Inductive Technology, Resonance Charging , Radio Frequency Technology And Others), by Application (Consumer Electronics, Automotive, Healthcare and Industrial ) and by Geography (North America, Europe, Asia Pacific, and Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

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.
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 2021, 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.
Market Taxonomy
This report segments the global wireless charging market it is segmented into, transmitters and receivers. On the basis of technology the market is segmented into, inductive technology, resonance charging, radio frequency technology and others. On the basis of application, the global wireless charging market is segmented into, consumer electronics, automotive, healthcare and industrial. On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key features of the study:
This report provides an in-depth analysis of the global wireless charging market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global wireless charging market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key players operating in the global wireless charging market are Energizer Holding, Inc., PowerbyProxi, Qualcomm Technologies, Inc., ConvenientPower HK Limited, Powermat Technologies, WiTricity Corporation, 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 decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global wireless charging market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through the 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
Future Plans
PowerbyProxi
Qualcomm Technologies, Inc
ConvenientPower HK Limited
Powermat Technologies
WiTricity Corporation
Integrated Device Technology Inc
Leggett and Platt Inc
Texas Instruments Inc
*Browse all the market data tables and figures on "Global Wireless charging Market - Forecast to 2027”