Wireless Charging Market based on By Type (Proton Exchange Membrane Fuel Cell, Solid Oxide Fuel Cell, Phosphoric Acid Fuel Cell, and Others), By Application (Transport, Stationary, and Portable), Regional Outlook– Global Forecast up to 2032
The growing tendency of incorporating wireless charging capabilities into commonplace items like furniture, infrastructures, smart homes, and Internet of Things devices is what is propelling the wireless charging market. In order to simplify the charging procedure for consumers, this integration entails the direct integration of charging pads or coils into furniture elements such as desks and tables. Moreover, wireless charging is being smoothly incorporated into infrastructure, providing practical charging options in public areas like airports and coffee shops. The integration of wireless charging into smart homes is consistent with the broader trend towards automation and connectivity. Moreover, the ease of charging without a cable is a major factor in the rise in popularity of Internet of Things (IoT) devices, which include a variety of smart gadgets. This picture highlights how ubiquitous wireless charging has become, going beyond individual gadgets to become a fundamental component of the infrastructure and settings that define modern homes and workplaces.
Various standards, including PMA (Power Matters Alliance) and Qi, are used to describe wireless chargers. Even though the goal of these standards is to create a common foundation for wireless charging, there are still situations in which devices from different manufacturers or older models may not operate with specific wireless charging pads or surfaces. The charging pad is incompatible with devices that do not support the Qi wireless charging standard. For these kinds of gadgets, accessory manufacturers are providing external wireless charging options. Compatibility problems arise because different kinds of wireless chargers—like charging bowls, charging boxes, and pads—are needed for different kinds of items. As a result, a user must spend a lot of money on numerous wireless chargers to work with various items. Although some manufacturers sell multi-device wireless chargers, it is anticipated that the general compatibility problem with non-Qi-enabled devices would limit the use of wireless chargers and impede the market's expansion.
Research Methodology:
After secondary research provided a fundamental understanding of the worldwide Wireless Charging Market scenario, extensive primary research was carried out. A number of primary interviews were carried out with industry experts from the supply and demand sides, including C- and D-level executives, product managers, and marketing and sales managers of major manufacturers, distributors, and channel partners from tier 1 and tier 2 companies offering Wireless Charging Market, as well as personnel from academia, research, and CROs. These interviews were conducted across five major regions: North America, Europe, Asia Pacific, and the Rest of the World (Latin America & the Middle East & Africa). Participants from the supply-side and demand-side participated in about 70% and 30% of the primary interviews, respectively. Through the use of questionnaires, emails, online surveys, in-person interviews, and phone interviews, this main data was gathered. The primary participants share is given below:
The segmentation coverage of the study is provided below.
Wireless Charging Market based on Technology:
- Inductive
- Resonant
- RF
- Others
Wireless Charging Market based on Application:
- Aerospace & defense
- Automotive
- Consumer electronics
- Healthcare
- Industrial
Wireless Charging Market based on Geography:
- North America
- US
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe (RoE)
- Asia Pacific (APAC)
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific (RoAPAC)
- Latin America (LATAM)
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa (MEA)
- UAE
- Turkey
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Inductive coupling, capacitive coupling, and other technologies are included in the technology-based wireless charging market segmentation. With the highest market revenue, the inductive coupling sector dominated the market. The entire inductive connection system is composed of the battery and charger pad. Each component's planar coils transfer energy from the charging pad to the battery.
To enable communication between the battery and the charging pad, the electrical energy is modulated. As a result, before applying the battery's maximum power, the charging pad may check to see if a functional battery is installed. This technology is used in a lot of cell phone wireless chargers. Furthermore, a variety of medical gadgets are regularly charged by inductive chargers in the healthcare sector.
Transmitters and receivers are included in the component-based market segmentation for wireless charging. The fact that multiple devices were charged from a single source resulted in the receivers category earning the highest revenue. Consequently, there are more electronic cars on the road than there are places to charge them. In order to charge wirelessly, a wireless charger sends radio waves that are picked up by a receiver inside the device and converted to DC electricity. Wireless power transfer makes charging easier for users because it doesn't require the transmitter and receiver to be in line.
Based on application, the wireless charging market is segmented into consumer electronics, industrial, infrastructure, automotive, and other areas. Due to the growing popularity of electric vehicles and the associated demand for electric chargers, the automotive industry saw the highest revenue generation. Because wireless electric car chargers are expensive per unit, the automobile industry holds a larger revenue share in the market. Furthermore, because of the increased demand for wireless chargers in the consumer electronics sector, it is predicted that this category would develop at the quickest rate over the projected period.
The report offers market information for North America, Europe, Asia-Pacific, and the rest of the world, broken down by region. Due to a rise in smartphone usage, the North American wireless charging market will dominate this industry. Furthermore, the region's market will expand at a faster rate due to the increasing sales of electric vehicles.
Additionally, the US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil are among the important nations examined in the market report.
This report illustrates the most vital attributes of the Wireless Charging Market, which are driving and providing opportunities.This research gives an in-depth analysis of the Wireless Charging Market growth on the basis of several segments in the market.This report presents the predictions of the past and present trends of the Wireless Charging Market.This study also presents the competitive analysis, such as key strategies and capabilities of major players of the Wireless Charging Market.