Singapore Induction Charger Market by Power Output (5W to 15W, 16W to 30W, Above 30W), by Charging Standard (Qi Standard, AirFuel), and by Distribution Channel (E-Commerce or Online and Offline) – Opportunity Analysis and Industry Forecast 2024–2030
Singapore Induction Charger Market was valued at USD 14.14 million in 2023, and is predicted to reach USD 45.1 million by 2030, with a CAGR of 17.3% from 2024 to 2030.
The high penetration of smartphone users in the nation who aim to adopt the latest technologies, including induction chargers. With approximately 99% of Singaporeans having internet access, local smartphone ownership has surged to a new peak of 97%. The electronics sector is a pivotal contributor to Singapore's economy, accounting for 8% of its GDP, which indicates its potential influence on the induction charger market.
In 2020, the sector received a substantial portion of fixed asset investments, approximately 38% or USD 17.2 billion, demonstrating Singapore's strong emphasis on technology and innovation. This level of investment underscores the country's commitment to advancing its electronics industry.
However, the extensive popularity of USB Type-C connectors in wired chargers poses a considerable obstacle to the induction charger market. This standardization ensures compatibility with a wide range of devices, establishing USB Type-C as a convenient and adaptable charging solution. Its rapid charging capabilities, its superior charging speed compared to most wireless chargers makes it more attractive, especially for users who want fast charging.
On the other hand, the launch of Qi v2.0, the latest wireless charging standard, is poised to impact the induction charger industry significantly. It offers enhanced features such as magnetic attachment, fast charging speed, higher efficiency, and greater convenience.
This new standard is expected to unify the wireless charging industry, promoting smoother, faster charging and broader interoperability. As Qi v2.0 becomes the global benchmark for wireless charging, its adoption is expected to simplify the market and enhance universal compatibility.
Segment Overview
The Singapore induction charger industry is segmented on the basis of power output, charging standard, and distribution channel.
• By power output, the market is segmented into 5W to 15W, 16W to 30W, and above 30W.
• By charging standard, the market is divided into Qi standard and AirFuel.
• By distribution channel, the market is classified into e-commerce or online and offline.
Key Market Players
The key players in the Singapore induction charger market research include companies such as:
• Samsung Electronics Co. Ltd.
• Apple Inc
• Anker Innovations Technology Co. Ltd.
• Belkin International, Inc.
• Xiaomi Corporation
• Huawei Technologies
• ASUSTeK Computer Inc.
• ZAGG INC.
• Energizer Holdings, Inc.
• Aukey Corporation Limited.
KEY BENEFITS
• The Singapore induction charger market report provides a quantitative analysis of the current market and estimations from 2024 to 2030. This analysis assists in identifying the prevailing market opportunities.
• The study comprises a comprehensive analysis of the market trends, including current and future trends for depicting prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the Singapore induction charger market is provided in the report.
• The competitive analysis of the market players along with their market share in the Singapore induction charger market is provided in the report.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
• The value chain analysis in the market study provides a clear picture of the role of stakeholders.
- 1 Introduction
- 1.1 Report Description
- 1.2 Research Methodology
- 1.2.1 Secondary Research
- 1.2.2 Data Analysis Framework
- 1.2.3 Market Size Estimation
- 1.2.4 Forecasting
- 1.2.5 Primary Research And Data Validation
- 2 Singapore Induction Charger Market By Power Output
- 2.1 Overview
- 2.2 5w To 15w Market
- 2.3 16w To 30w Market
- 2.4 Above 30w Market
- 3 Singapore Induction Charger Market By Charging Standard
- 3.1 Overview
- 3.2 Qi Standard Market
- 3.3 Airfuel Market
- 4 Singapore Induction Charger Market By Distribution Channel
- 4.1 Overview
- 4.2 E-commerce Or Online Market
- 4.3 Offline Market
- 5 Company Profiles
- 5.1 Samsung Electronics Co. Ltd.
- 5.1.1 Company Overview
- 5.1.2 Company Snapshot
- 5.1.3 Operating Business Segments
- 5.1.4 Product Portfolio
- 5.1.5 Business Performance
- 5.1.6 Business Segments
- 5.1.7 Geographic Segments
- 5.1.8 Key Strategic Moves And Development
- 5.1.9 Primary Market Competitors
- 5.2 Apple Inc.
- 5.2.1 Company Overview
- 5.2.2 Company Snapshot
- 5.2.3 Operating Business Segments
- 5.2.4 Product Portfolio
- 5.2.5 Business Performance
- 5.2.6 Business Segments
- 5.2.7 Geographic Segments
- 5.2.8 Key Strategic Moves And Development
- 5.2.9 Primary Market Competitors
- 5.3 Anker Innovations Technology Co. Ltd.
- 5.3.1 Company Overview
- 5.3.2 Company Snapshot
- 5.3.3 Operating Business Segments
- 5.3.4 Product Portfolio
- 5.3.5 Business Performance
- 5.3.6 Business Segments
- 5.3.7 Geographic Segments
- 5.3.8 Key Strategic Moves And Development
- 5.3.9 Primary Market Competitors
- 5.4 Belkin International, Inc.
- 5.4.1 Company Overview
- 5.4.2 Company Snapshot
- 5.4.3 Operating Business Segments
- 5.4.4 Product Portfolio
- 5.4.5 Business Performance
- 5.4.6 Business Segments
- 5.4.7 Geographic Segments
- 5.4.8 Key Strategic Moves And Development
- 5.4.9 Primary Market Competitors
- 5.5 Xiaomi Corporation
- 5.5.1 Company Overview
- 5.5.2 Company Snapshot
- 5.5.3 Operating Business Segments
- 5.5.4 Product Portfolio
- 5.5.5 Business Performance
- 5.5.6 Business Segments
- 5.5.7 Geographic Segments
- 5.5.8 Key Strategic Moves And Development
- 5.5.9 Primary Market Competitors
- 5.6 Huawei Technologies
- 5.6.1 Company Overview
- 5.6.2 Company Snapshot
- 5.6.3 Operating Business Segments
- 5.6.4 Product Portfolio
- 5.6.5 Business Performance
- 5.6.6 Business Segments
- 5.6.7 Geographic Segments
- 5.6.8 Key Strategic Moves And Development
- 5.6.9 Primary Market Competitors
- 5.7 Asustek Computer Inc.
- 5.7.1 Company Overview
- 5.7.2 Company Snapshot
- 5.7.3 Operating Business Segments
- 5.7.4 Product Portfolio
- 5.7.5 Business Performance
- 5.7.6 Business Segments
- 5.7.7 Geographic Segments
- 5.7.8 Key Strategic Moves And Development
- 5.7.9 Primary Market Competitors
- 5.8 Zagg Inc.
- 5.8.1 Company Overview
- 5.8.2 Company Snapshot
- 5.8.3 Operating Business Segments
- 5.8.4 Product Portfolio
- 5.8.5 Business Performance
- 5.8.6 Business Segments
- 5.8.7 Geographic Segments
- 5.8.8 Key Strategic Moves And Development
- 5.8.9 Primary Market Competitors
- 5.9 Energizer Holdings Inc.
- 5.9.1 Company Overview
- 5.9.2 Company Snapshot
- 5.9.3 Operating Business Segments
- 5.9.4 Product Portfolio
- 5.9.5 Business Performance
- 5.9.6 Business Segments
- 5.9.7 Geographic Segments
- 5.9.8 Key Strategic Moves And Development
- 5.9.9 Primary Market Competitors
- 5.10 Aukey Corporation Limited.
- 5.10.1 Company Overview
- 5.10.2 Company Snapshot
- 5.10.3 Operating Business Segments
- 5.10.4 Product Portfolio
- 5.10.5 Business Performance
- 5.10.6 Business Segments
- 5.10.7 Geographic Segments
- 5.10.8 Key Strategic Moves And Development
- 5.10.9 Primary Market Competitors
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