Wireless Charging Market | Trends, Size, Growth Opportunities and Emerging Technologies


Posted February 10, 2023 by chetanag

Wireless Charging Market Size was valued at US$ 8.82 Bn. in 2021 and is expected to reach US$ 56.03 Bn. by 2029, at a CAGR of 26% during a forecast period.

 
Market Overview

Maximize Market Research provides a comprehensive description of Wireless Charging to provide a current snapshot of the market to understand its feature in an optimized way. The reports includes profiling of the key tactics of the Wireless Charging Market Size to assist in further marketing activities. The projected statistics, significant advancements, and income are all detailed in the research paper. It also provides an in-depth analysis of the primary techniques employed by the leading industry players to help readers build their businesses.

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Wireless Charging Market Size was valued at US$ 8.82 Bn. in 2021 and is expected to reach US$ 56.03 Bn. by 2029, at a CAGR of 26% during a forecast period.

Market Scope

Global Wireless Charging Market Size research report includes crucial statistics and analytical insights to provide a comprehensive understanding of the market size, market share, growth, trend, demand, top player and industry profile, opportunities, value cycle, end-users, types, and application. The research also includes accessible opportunities in micro markets for stakeholders to invest, as well as a detailed analysis of the competitive landscape and significant competitors' product offers.

The qualitative and quantitative data in the Wireless Charging Market Size report assist decision-makers in determining which market segments, regions, and variables driving the market are likely to develop at higher rates, as well as major opportunity areas.

Market Dynamics:

Increasing the effectiveness of wireless charging devices: Inductive charging is a common method for wirelessly charging electric vehicles and consumer electronics. By enabling power transmission over greater distances between the transmitter and receiver, magnetic resonance improves efficiency. The effectiveness of wireless charging is determined by the power that can be used to charge the device with the wireless transmitter's power. It controls how hot the battery gets and how much energy is wasted, which is crucial for wireless power. The higher the efficiency, the smaller and less expensive the charger must be to generate the same amount of electricity. The market for wireless chargers is anticipated to grow as consumer confidence in them rises because they provide benefits in terms of security, cost, and efficiency.

Segmentation:

The global wireless charging market is divided into three technology sub-segments: Radiation Technology, Inductive Technology, and Other Technologies. In 2021, the Inductive Technology market had the largest share. Leading standards like WPC (Qi technology) and PMA use inductive technology. Furthermore, electric vehicles are powered by inductive technology (EVs). Resonant and radio frequency technologies are anticipated to be the most successful ones in the industry (RF). Resonant technology makes it easier to power objects over short distances without needing to make direct contact. With the help of this technology, numerous devices can be charged simultaneously. RF-based technology is anticipated to become more popular in the case of small devices like wearables and medical implants because it eliminates the need for precise timing.

The global wireless charging market is divided into segments based on application, including healthcare, automotive, consumer electronics, defence, and industrial. In 2021, the Consumer Electronics segment's market share.

Due to shifting consumer lifestyle preferences, urbanisation, and the rising number of internet users, personal digital assistants (PDAs), smartphones, laptops, tablets, MP3 players, wearable technology, gaming consoles, and laptops are in high demand, particularly in the Asia Pacific region. As a result, producers of consumer electronics are developing wireless charging technologies quickly.

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Key Players:

• Energizer Holdings
• Convenientpower
• Integrated Device
• Murata Manufacturing
• Leggett & Platt,
• Powerbyproxi Ltd.
• Qualcomm Incorporated
• Powermat Technologies
• Texas Instruments
• Witricity Corporation
• Samsung Electronics
• Sony Corporation
• Fulton Innovation LLC
• TDK Corporation
• Energous Corporation
• Ossia Inc.
• ZenS B.V.

Regional Analysis

Each regional Wireless Charging Market Size sector is thoroughly investigated to determine its current and future growth prospects. This aids players in bolstering their positions. To keep ahead of the competition, use market research to gain a better perspective and understanding of the market and target audience. The Wireless Charging report covers the five regions and their country-wise distribution North America, Europe, Asia Pacific, Middle East & Africa, and South America.

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Key Questions answered in the Wireless Charging Market Size Report are:

What is Wireless Charging Market Size?
What is the forecast period of the Wireless Charging Market Size?
What is the competitive scenario of the Wireless Charging Market Size?
Which region held the largest market share in the Wireless Charging Market Size?
What are the opportunities for the Wireless Charging Market Size?
What factors are affecting the Wireless Charging Market Size growth?
Who are the key players of the Wireless Charging Market Size?
Which company held the largest share in the Wireless Charging Market Size?
What will be the CAGR of the Wireless Charging Market Size during the forecast period?
What key trends are likely to emerge in the Wireless Charging Market Size in the coming years?
Key offerings:

Market Share, Size, and Forecast by Revenue|2022-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation: A detailed analysis by Wireless Charging#
Landscape- Leading key players and other prominent key players.
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Issued By chetanag
Country India
Categories Business , Electronics
Tags wireless charging market
Last Updated February 10, 2023