Report Feature
Wireless Charging Trends and Forecast
The future of the global wireless charging market looks promising with opportunities in the automotive, consumer electronic, industrial, healthcare, and defense markets. The global wireless charging market is expected to reach an estimated $22.0 billion by 2030 with a CAGR of 21.5% from 2024 to 2030. The major drivers for this market are increasing demand for high-speed wireless and simultaneous multi-device charging stations, growing adoption of smart and portable devices, and rising trend of incorporating wireless charging capabilities into furniture, infrastructures, smart homes, and IoT devices.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Wireless Charging by Segment
The study includes a forecast for the global wireless charging by component, technology, application, and region.Wireless Charging Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Transmitters
• Receivers
Wireless Charging Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Inductive
• Resonant
• Radio Frequency
• Others
Wireless Charging Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Automotive
• Consumer Electronics
• Industrial
• Healthcare
• Defense
• Others
Wireless Charging Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Wireless Charging Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies wireless charging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the wireless charging companies profiled in this report include-• Belkin International
• ConvenientPower
• Energous
• Ossia
• Plugless Power
• Powercast
• Powermat Technologies
• Renesas Electronics
• Samsung Electronics
• Texas Instruments
Wireless Charging Market Insights
Lucintel forecasts that transmitter will remain the larger segment over the forecast period because the significant advances in transmitter technology have enabled tremendous improvements in power supply, charging speed, and transmission range. Within this market, consumer electronic will remain the largest segment due to the extensive incorporation of the technology into smartphones, smartwatches, and wireless earphones. APAC will remain the largest region over the forecast period due to rising popularity of electric vehicles throughout the region, especially in countries like China and Japan.Features of the Global Wireless Charging Market
Market Size Estimates: Wireless charging market size estimation in terms of value ($B). Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions. Segmentation Analysis: Wireless charging market size by component, technology, application, and region in terms of value ($B). Regional Analysis: Wireless charging market breakdown by North America, Europe, Asia Pacific, and Rest of the World. Growth Opportunities: Analysis of growth opportunities in different component, technology, application, and regions for the wireless charging market. Strategic Analysis: This includes M&A, new product development, and competitive landscape of the wireless charging market. Analysis of competitive intensity of the industry based on Porter’s Five Forces model.FAQ
Q1. What is the wireless charging market size? Answer: The global wireless charging market is expected to reach an estimated $22.0 billion by 2030. Q2. What is the growth forecast for wireless charging market? Answer: The global wireless charging market is expected to grow with a CAGR of 21.5% from 2024 to 2030. Q3. What are the major drivers influencing the growth of the wireless charging market? Answer: The major drivers for this market are increasing demand for high-speed wireless and simultaneous multi-device charging stations, growing adoption of smart and portable devices, and rising trend of incorporating wireless charging capabilities into furniture, infrastructures, smart homes, and IoT devices. Q4. What are the major segments for wireless charging market? Answer: The future of the global wireless charging market looks promising with opportunities in the automotive, consumer electronic, industrial, healthcare, and defense markets. Q5. Who are the key wireless charging market companies? Answer: Some of the key wireless charging companies are as follows:• Belkin International
• ConvenientPower
• Energous
• Ossia
• Plugless Power
• Powercast
• Powermat Technologies
• Renesas Electronics
• Samsung Electronics
• Texas Instruments Q6. Which wireless charging market segment will be the largest in future? Answer: Lucintel forecasts that transmitter will remain the larger segment over the forecast period because the significant advances in transmitter technology have enabled tremendous improvements in power supply, charging speed, and transmission range. Q7. In wireless charging market, which region is expected to be the largest in next 5 years? Answer: APAC will remain the largest region over the forecast period due to rising popularity of electric vehicles throughout the region, especially in countries like China and Japan. Q8. Do we receive customization in this report? Answer: Yes, Lucintel provides 10% customization without any additional cost.
Table of Contents
1. Executive Summary
6.2 Emerging Trends in the Global Wireless Charging Market
6.1.1 Growth Opportunities for the Global Wireless Charging Market by Component
6.1.2 Growth Opportunities for the Global Wireless Charging Market by Technology
6.1.3 Growth Opportunities for the Global Wireless Charging Market by Application
6.1.4 Growth Opportunities for the Global Wireless Charging Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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Key Questions
- • What are some of the most promising, high-growth opportunities for the wireless charging market by component (transmitters and receivers), technology (inductive, resonant, radio frequency, and others), application (automotive, consumer electronics, industrial, healthcare, defense, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
- • Which segments will grow at a faster pace and why?
- • Which region will grow at a faster pace and why?
- • What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
- • What are the business risks and competitive threats in this market?
- • What are the emerging trends in this market and the reasons behind them?
- • What are some of the changing demands of customers in the market?
- • What are the new developments in the market? Which companies are leading these developments?
- • Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
- • What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
- • What M&A activity has occurred in the last 5 years and what has its impact been on the industry? For any questions related to Wireless Charging Market, Wireless Charging Market Size, Wireless Charging Market Growth, Wireless Charging Market Analysis, Wireless Charging Market Report, Wireless Charging Market Share, Wireless Charging Market Trends, Wireless Charging Market Forecast, Wireless Charging Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
