Wireless Charging IC Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
Wireless Charging IC Market size is set to record over 22.8% CAGR from 2024 to 2032 fueled by technological advancements and the continuous rollout of new devices.
Recently, integrated circuits have evolved to provide faster and more efficient charging for various electronic devices. Manufacturers are rolling out innovative solutions to meet the rising demand for wireless power transfer, ensuring a seamless and convenient charging experience. Furthermore, these advancements are broadening the scope of wireless charging applications across various sectors, leading to their deeper integration into daily life. For example, in June 2023, indie Semiconductor, a trailblazer in Autotech solutions, unveiled an integrated automotive wireless power charging SoC. This cutting-edge chip boasts the industry's highest integration level, significantly boosting the efficiency of wireless charging ICs.
The wireless charging IC industry is segmented into type, power range, charging method, application, and region.
Wireless charging IC market share from the receiver IC type segment will record a decent growth rate between 2024 and 2032, driven by the surging demand for efficient power transfer across devices. These receiver ICs are being enhanced with superior power efficiency, miniaturization, and advanced thermal management, making them versatile for various applications. As manufacturers prioritize versatile solutions, these receiver ICs are becoming pivotal for faster and seamless charging experiences.
In terms of application, the wireless charging IC market from the automotive segment is anticipated to witness a significant CAGR from 2024-2032. This surge is fueled by the escalating demand for seamless charging in electric vehicles (EVs) and other automotive uses. The integrated SoC not only boosts power efficiency but also simplifies design and manufacturing. Moreover, engineers are leveraging this wireless charging IC to pave the way for next-gen automotive designs, making wireless charging a standard feature.
North America wireless charging IC industry size will record a significant CAGR through 2032, driven by increasing adoption in healthcare applications. Medical devices are integrating wireless charging to bolster patient safety, eliminating the hazards of exposed wires. Hospitals are adopting these systems to enhance device management and patient care. Furthermore, developers in the region are crafting advanced wireless charging ICs, underscoring their pivotal role in the medical technology evolution of North America.
- Chapter 1 Scope and Methodology
- 1.1 Market scope and definition
- 1.2 Base estimates and calculations
- 1.3 Forecast parameters
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
- Chapter 2 Executive Summary
- 2.1 Industry 360° synopsis, 2021 - 2032
- Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Vendor matrix
- 3.3 Technology and innovation landscape
- 3.4 Patent analysis
- 3.5 Key news and initiatives
- 3.6 Regulatory landscape
- 3.7 Impact forces
- 3.7.1 Growth drivers
- 3.7.1.1 Rising adoption of wireless charging in smartphones globally
- 3.7.1.2 Technological advancements and wide uses of IIoT
- 3.7.1.3 Increasing government initiatives to expedite the development of the wireless EV charging infrastructure
- 3.7.1.4 Proliferation of wireless charging technology in the industrial sector
- 3.7.1.5 Growing adoption of portable medical devices with wireless charging technology
- 3.7.2 Industry pitfalls and challenges
- 3.7.2.1 Compatibility issues associated with charging devices
- 3.7.2.2 Cost of implementation
- 3.8 Growth potential analysis
- 3.9 Porter’s analysis
- 3.9.1 Supplier power
- 3.9.2 Buyer power
- 3.9.3 Threat of new entrants
- 3.9.4 Threat of substitutes
- 3.9.5 Industry rivalry
- 3.10 PESTEL analysis
- Chapter 4 Competitive Landscape, 2023
- 4.1 Company market share analysis
- 4.2 Competitive positioning matrix
- 4.3 Strategic outlook matrix
- Chapter 5 Market Estimates and Forecast, By Type, 2021 - 2032 (USD Million and Units)
- 5.1 Key trends
- 5.2 Receiver IC
- 5.3 Transmitter IC
- Chapter 6 Market Estimates and Forecast, By Power Range, 2021–2032 (USD Million and Units)
- 6.1 Key trends
- 6.2 Low Range -<15W
- 6.3 Mid Range - 16-50W
- 6.4 High Range - >51 W
- Chapter 7 Market Estimates and Forecast, By Charging Method, 2021–2032 (USD Million and Units)
- 7.1 Key trends
- 7.2 Electromagnetic induction
- 7.3 Electrolytic coupling
- 7.4 Microwave
- 7.4.1<1GHz
- 7.4.2<5GHz
- 7.4.3<10GHz
- 7.4.4<50GHz
- 7.4.5<100GHz
- 7.4.6<300GHz
- 7.5 Others
- Chapter 8 Market Estimates and Forecast, By Application, 2021–2032 (USD Million and Units)
- 8.1 Key trends
- 8.2 Consumer electronics
- 8.3 Automotive
- 8.4 Industrial
- 8.5 Medical
- 8.6 Telecom
- 8.7 Aerospace
- 8.8 Others
- Chapter 9 Market Estimates and Forecast, By Region, 2021 - 2032 (USD Million and Units)
- 9.1 Key trends
- 9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
- 9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.3.6 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 South Korea
- 9.4.5 ANZ
- 9.4.6 Rest of Asia Pacific
- 9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Rest of Latin America
- 9.6 MEA
- 9.6.1 UAE
- 9.6.2 Saudi Arabia
- 9.6.3 South Africa
- 9.6.4 Rest of MEA
- Chapter 10 Company Profiles
- 10.1 ABLIC
- 10.2 Analog Devices
- 10.3 BOEONE
- 10.4 ConvenientPower HK Limited
- 10.5 Energous Corporation
- 10.6 FU DA TONG TECHNOLOGY CO., LTD.
- 10.7 Infineon Technologies AG
- 10.8 Kinetic Technologies
- 10.9 LAPIS Technology Co., Ltd. (ROHM)
- 10.10 Maxic Technology Incorporated
- 10.11 MediaTek Inc.
- 10.12 Nordic Semiconductor
- 10.13 NXP Semiconductors
- 10.14 Qualcomm Incorporated
- 10.15 Renesas Electronics Corporation.
- 10.16 Richtek Technology Corporation.
- 10.17 Samsung
- 10.18 Silergy Corp.
- 10.19 Southchip Semiconductor Technology(Shanghai) Co., Ltd.
- 10.20 STMicroelectroncis
- 10.21 Texas Instruments Incorporated
- 10.22 TOSHIBA ELECTRONIC DEVICES and STORAGE CORPORATION
- 10.23 Weltrend Semiconductor, Inc.
- 10.24 Xiamen Newyea Science and Technology Co.,Ltd.
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