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 Ge

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 - 2030

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.

The global wireless charging market was valued for US$ 4,500 Mn in 2021.

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 2018, 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.

Key features of the study:

• This report provides an in-depth analysis of global wireless charging market (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022 to 2030), considering 2021 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
• Key players operating in the global wireless charging market are Energizer Holding, Inc., PowerbyProxi, Pathronic AG, Qualcomm Technologies, Inc., ConvenientPower HK Limited, Powermat Technologies, WiTricity Corporation, Xiaomi Inc., Xiaomi, 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
• The 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
• 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
• 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

“*” marked represents similar segmentation in other categories in the respective section.