Overview of the Global Wireless Charging Market:
Gain data-driven insights into the Global Wireless Charging Market Size, trends, and forecasts. This in-depth report delivers expert analysis of market drivers, segmentation, and emerging opportunities. It highlights key metrics and actionable findings in a professional, easy-to-scan format. Key statistics (market size, growth rates, share by segment) are presented up-front in bullet form for immediate impact.
Executive Summary
The Global Wireless Charging Market is projected to grow at a CAGR of around 24.4% during the forecast period, i.e., 2023-28.
Key Trend: Rising Trend of Drop & Charge based on Induction Charging
The surging trend of wireless charging as drop and charge through induction charging technology fuel the market expansion. Induction charging is based on the principle of electromagnetism when two objects, mainly transmitter and receiver, transfer energy through the electromagnetic field without touching each other. Further, along with the electromagnetic field, it uses other technologies, such as radio frequency (RF), to solve charging problems in numerous devices. As induction charging completely eliminates the requirement of cable or contact between the charger and the device, it has been exponentially trending among gadget enthusiasts propelling industrial growth.
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Wireless Charging Market Segmentation
Break down the market by key categories and geography. We outline major segments and provide size/share estimates for each.
-By Technology
- Magnetic Resonance
- Magnetic Induction
- Radio Frequency
On the other hand, Magnetic Induction Technology is also expected to grow considerably to acquire a significant market share, owing to the rising implementation of magnetic induction in wireless chargers for smartphones.
-By Application
- Consumer Electronics
- Automotive
- Healthcare
- Industrial
Among its peers, Consumer Electronics are projected to generate larger revenue in the anticipated period.
-By Implementation
- Transmitters
- Receivers
- Aftermarket
- Integrated
Geographical Analysis
-By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Globally, North America is expected to earn the largest revenue share of the market in the forecast period.
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Competitive Market Strategies: List of Largest Wireless Charging Companies
Analysis of the competitive landscape and company strategies. We profile leading players Business Description, Product Portfolio, Recent Developments, and list key Strategic Alliances or Partnerships approaches.
- Samsung
- Energous Corporation
- Powermat
- Powercast Corporation
- Elix Wireless
- Zens
- Energizer
- Ossia Inc.
- Evatran Group
- Leggett & Platt
- Fulton Innovation LLC
- Murata Manufacturing Company Ltd.
- Qualcomm Technologies, Inc.
- Sony Corporation
- Texas Instruments, Inc.
- Others
Future Market Analytics Focus Points
Look ahead to the analytics and trends shaping the industry’s future. This section suggests areas of emphasis for market analysis, such as:
- Identify Emerging Market Trends: Recognize new trends shaping industries.
- Leverage Big Data Analytics: Use data for informed decision-making strategies.
- Explore Geographic Expansion: Target growth opportunities in new areas.
- Analyze Consumer Behavior: Adapt to shifting preferences and habits.
- Emphasize Sustainability: Align strategies with ethical and sustainable practices.
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Objectives of the Study
Clearly state what the report aims to achieve. For example:
- Provide a comprehensive market overview with quantitative forecasts.
- Identify key market segments and competitive dynamics.
- Analyze trends and drivers influencing growth.
- Highlight challenges and risks, plus mitigation strategies.
- Offer actionable insights and recommendations for decision-makers.
Report Delivery Model
“Our market research report is available in multiple formats for convenience:
- Interactive PDF with rich charts and data tables.
- PowerPoint summary deck for easy presentation and sharing.
- Excel containing all research figure.
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