Product Code: 440
Global Wireless Charging Market is speculated to grow steadily through 2032 owing to the surging popularity of wearable devices such as smartwatches and fitness trackers. Moreover, increasing proliferation of autonomous and electric vehicles worldwide is projected to support the demand for wireless charging solutions, thus seamlessly supporting the owners to charge their vehicles. Such trends are forecast to augment the industry outlook in the coming years.
Heightened adoption for wireless charging solutions amongst various business conglomerates would compel market participants to introduce unique solutions. Moreover, businesses are also investing in deploying charging solutions that allow drivers to charge their cars while on the highways. Industry leaders are also concentrating on ramping up their R&D operations and global footprint to expand their product portfolios and secure a competitive edge in the market.
For instance, in May 2022, Powermat Technologies launched the Powermat PMT 100 Wireless Power System, to fulfill the needs of small IoT (internet of things) devices for lifestyle, smart homes, and medical applications. The product offers a higher degree of performance and a seamless charging experience.
The wireless charging market has been divided in terms of technology, application, and region.
Based on technology, the resonant segment is slated to attain more than 30% market share by 2032. The resonant technology is expected to unfold as the most valuable innovation in the sector as it helps in charging devices throughout mid-range distances, thus maximizing the comfort for end users. The technology enables multiple devices to be charged simultaneously of differing power and sizes, which will help bolster market growth.
With respect to application, the consumer electronics segment is expected to expand considerably through the forecast period. The global adoption of smart wearables, smartphones, fitness trackers, as well as hearing devices is a major factor driving the demand for wireless charging technology solutions across the consumer electronics industry. Manufacturers in the sector are introducing highly technological wireless chargers that enable charging multiple devices from a single network while using 90% less power.
From the regional perspective, the Middle East & Africa wireless charging market was valued at more than USD 2.5 billion in 2022. The MEA region is likely to expand significantly as airports and airlines in the region have installed multiple charging stations in lounges as well as onboard seats. Furthermore, the GCC-based airlines have been using the charging facilities to improve the traveler experience on both long-haul and short-haul flights. Such advantages are anticipated to foster the regional growth in the ensuing years.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market definition
- 1.2 Base estimates & forecast
- 1.3 Forecast calculations
- 1.4 Data Sources
- 1.4.1 Secondary
- 1.4.2 Primary
- 1.5 Industry glossary
Chapter 2 Executive Summary
- 2.1 Wireless charging industry 360 degree synopsis, 2018 - 2032
- 2.1.1 Business trends
- 2.1.1.1 Total Adressable Market (TAM), 2023-2032
- 2.1.2 Regional trends
- 2.1.3 Technology trends
- 2.1.4 Application trends
Chapter 3 Wireless Charging Industry Insights
- 3.1 Industry segmentation
- 3.2 Impact of COVID-19 outbreak
- 3.2.1 North America
- 3.2.2 Europe
- 3.2.3 Asia Pacific
- 3.2.4 Latin America
- 3.2.5 MEA
- 3.3 Impact of Russia-Ukraine conflict
- 3.4 Industry ecosystem analysis
- 3.4.1 Raw material providers
- 3.4.2 Component suppliers
- 3.4.3 Manufacturers
- 3.4.4 Technology providers
- 3.4.5 Service providers
- 3.4.6 Distributors
- 3.4.7 Profit margin analysis
- 3.4.8 Vendor matrix
- 3.5 Technology & innovation landscape
- 3.5.1 Autonomous vehicles and Electric Vehicles (EV)
- 3.5.2 Impact of IoT and Industry 4.0
- 3.5.3 Wireless charging architecture
- 3.6 Regulatory landscape
- 3.6.1 North America
- 3.6.2 Europe
- 3.6.3 Asia Pacific
- 3.6.4 Latin America
- 3.6.5 MEA
- 3.7 Industry impact forces
- 3.7.1 Growth drivers
- 3.7.1.1 Technological innovations and penetration of IoT globally
- 3.7.1.2 Growing adoption of smartphones globally
- 3.7.1.3 Increasing awareness about physical fitness and wearable devices among the population in developing countries
- 3.7.1.4 Rising investment in auto-tech in North America and Europe
- 3.7.1.5 Supportive government initiatives in Asia Pacific
- 3.7.2 Industry pitfalls & challenges
- 3.7.2.1 High cost restricting the use in underdeveloped countries
- 3.7.2.2 Mobility issues and longer charging times
- 3.8 Key initiative & news
- 3.9 Price trend analysis
- 3.10 Patent analysis
- 3.11 Investment portfolio
- 3.12 Growth potential analysis
- 3.13 Porter's analysis
- 3.13.1 Supplier power
- 3.13.2 Buyer power
- 3.13.3 Threat of new entrants
- 3.13.4 Threat of substitutes
- 3.13.5 Internal rivalry
- 3.14 PESTEL analysis
- 3.14.1 Political
- 3.14.2 Economic
- 3.14.3 Social
- 3.14.4 Technological
- 3.14.5 Environmental
- 3.14.6 Legal
Chapter 4 Competitive Landscape, 2022
- 4.1 Introduction
- 4.2 Company market share, 2022
- 4.3 Competitive analysis of major players
- 4.3.1 Energizer Holdings Inc.
- 4.3.2 Infineon Technologies
- 4.3.3 Mediatek Inc.
- 4.3.4 Qualcomm Technologies
- 4.3.5 Renesas Electronics
- 4.3.6 Samsung Electronics Co. Ltd.
- 4.3.7 Texas Instruments Inc.
- 4.4 Competitive analysis of other prominent players
- 4.4.1 Convenient Power Ltd.
- 4.4.2 Leggett & Platt Inc.
- 4.4.3 Murata Manufacturing Co.
- 4.4.4 Semtech Corporation
- 4.5 Vendor adoption matrix
- 4.6 Strategic outlook matrix
Chapter 5 Wireless Charging Market, By Technology
- 5.1 Wireless charging market share, 2022 & 2032, by technology
- 5.2 Inductive
- 5.2.1 Market estimates and forecast, 2018 - 2032
- 5.3 Resonant
- 5.3.1 Market estimates and forecast, 2018 - 2032
- 5.4 RF
- 5.4.1 Market estimates and forecast, 2018 - 2032
- 5.5 Others
- 5.5.1 Market estimates and forecast, 2018 - 2032
Chapter 6 Wireless Charging Market, By Application
- 6.1 Wireless charging market share, 2022 & 2032, by application
- 6.2 Aerospace & defense
- 6.2.1 Market estimates and forecast, 2018 - 2032
- 6.3 Automotive
- 6.3.1 Market estimates and forecast, 2018 - 2032
- 6.4 Consumer electronics
- 6.4.1 Market estimates and forecast, 2018 - 2032
- 6.5 Healthcare
- 6.5.1 Market estimates and forecast, 2018 - 2032
- 6.6 Industrial
- 6.6.1 Market estimates and forecast, 2018 - 2032
Chapter 7 Wireless Charging Market, By Region
- 7.1 Wireless charging market share, 2022 & 2032, by region
- 7.2 North America
- 7.2.1 Market estimates and forecast, 2018 - 2032
- 7.2.2 Market estimates and forecast, by technology, 2018 - 2032
- 7.2.3 Market estimates and forecast, by application, 2018 - 2032
- 7.2.4 U.S.
- 7.2.4.1 Market estimates and forecast, 2018 - 2032
- 7.2.4.2 Market estimates and forecast, by technology, 2018 - 2032
- 7.2.4.3 Market estimates and forecast, by application, 2018 - 2032
- 7.2.5 Canada
- 7.2.5.1 Market estimates and forecast, 2018 - 2032
- 7.2.5.2 Market estimates and forecast, by technology, 2018 - 2032
- 7.2.5.3 Market estimates and forecast, by application, 2018 - 2032
- 7.3 Europe
- 7.3.1 Market estimates and forecast, 2018 - 2032
- 7.3.2 Market estimates and forecast, by technology, 2018 - 2032
- 7.3.3 Market estimates and forecast, by application, 2018 - 2032
- 7.3.4 UK
- 7.3.4.1 Market estimates and forecast, 2018 - 2032
- 7.3.4.2 Market estimates and forecast, by technology, 2018 - 2032
- 7.3.4.3 Market estimates and forecast, by application, 2018 - 2032
- 7.3.5 Germany
- 7.3.5.1 Market estimates and forecast, 2018 - 2032
- 7.3.5.2 Market estimates and forecast, by technology, 2018 - 2032
- 7.3.5.3 Market estimates and forecast, by application, 2018 - 2032
- 7.3.6 France
- 7.3.6.1 Market estimates and forecast, 2018 - 2032
- 7.3.6.2 Market estimates and forecast, by technology, 2018 - 2032
- 7.3.6.3 Market estimates and forecast, by application, 2018 - 2032
- 7.3.7 Italy
- 7.3.7.1 Market estimates and forecast, 2018 - 2032
- 7.3.7.2 Market estimates and forecast, by technology, 2018 - 2032
- 7.3.7.3 Market estimates and forecast, by application, 2018 - 2032
- 7.3.8 Spain
- 7.3.8.1 Market estimates and forecast, 2018 - 2032
- 7.3.8.2 Market estimates and forecast, by technology, 2018 - 2032
- 7.3.8.3 Market estimates and forecast, by application, 2018 - 2032
- 7.3.9 Russia
- 7.3.9.1 Market estimates and forecast, 2018 - 2032
- 7.3.9.2 Market estimates and forecast, by technology, 2018 - 2032
- 7.3.9.3 Market estimates and forecast, by application, 2018 - 2032
- 7.4 Asia Pacific
- 7.4.1 Market estimates and forecast, 2018 - 2032
- 7.4.2 Market estimates and forecast, by technology, 2018 - 2032
- 7.4.3 Market estimates and forecast, by application, 2018 - 2032
- 7.4.4 China
- 7.4.4.1 Market estimates and forecast, 2018 - 2032
- 7.4.4.2 Market estimates and forecast, by technology, 2018 - 2032
- 7.4.4.3 Market estimates and forecast, by application, 2018 - 2032
- 7.4.5 India
- 7.4.5.1 Market estimates and forecast, 2018 - 2032
- 7.4.5.2 Market estimates and forecast, by technology, 2018 - 2032
- 7.4.5.3 Market estimates and forecast, by application, 2018 - 2032
- 7.4.6 Japan
- 7.4.6.1 Market estimates and forecast, 2018 - 2032
- 7.4.6.2 Market estimates and forecast, by technology, 2018 - 2032
- 7.4.6.3 Market estimates and forecast, by application, 2018 - 2032
- 7.4.7 South Korea
- 7.4.7.1 Market estimates and forecast, 2018 - 2032
- 7.4.7.2 Market estimates and forecast, by technology, 2018 - 2032
- 7.4.7.3 Market estimates and forecast, by application, 2018 - 2032
- 7.4.8 Australia
- 7.4.8.1 Market estimates and forecast, 2018 - 2032
- 7.4.8.2 Market estimates and forecast, by technology, 2018 - 2032
- 7.4.8.3 Market estimates and forecast, by application, 2018 - 2032
- 7.5 Latin America
- 7.5.1 Market estimates and forecast, 2018 - 2032
- 7.5.2 Market estimates and forecast, by technology, 2018 - 2032
- 7.5.3 Market estimates and forecast, by application, 2018 - 2032
- 7.5.4 Brazil
- 7.5.4.1 Market estimates and forecast, 2018 - 2032
- 7.5.4.2 Market estimates and forecast, by technology, 2018 - 2032
- 7.5.4.3 Market estimates and forecast, by application, 2018 - 2032
- 7.5.5 Mexico
- 7.5.5.1 Market estimates and forecast, 2018 - 2032
- 7.5.5.2 Market estimates and forecast, by technology, 2018 - 2032
- 7.5.5.3 Market estimates and forecast, by application, 2018 - 2032
- 7.6 MEA
- 7.6.1 Market estimates and forecast, 2018 - 2032
- 7.6.2 Market estimates and forecast, by technology, 2018 - 2032
- 7.6.3 Market estimates and forecast, by application, 2018 - 2032
- 7.6.4 UAE
- 7.6.4.1 Market estimates and forecast, 2018 - 2032
- 7.6.4.2 Market estimates and forecast, by technology, 2018 - 2032
- 7.6.4.3 Market estimates and forecast, by application, 2018 - 2032
- 7.6.5 Saudi Arabia
- 7.6.5.1 Market estimates and forecast, 2018 - 2032
- 7.6.5.2 Market estimates and forecast, by technology, 2018 - 2032
- 7.6.5.3 Market estimates and forecast, by application, 2018 - 2032
- 7.6.6 South Africa
- 7.6.6.1 Market estimates and forecast, 2018 - 2032
- 7.6.6.2 Market estimates and forecast, by technology, 2018 - 2032
- 7.6.6.3 Market estimates and forecast, by application, 2018 - 2032
Chapter 8 Company Profiles
- 8.1 Convenient Power Ltd.
- 8.1.1 Business Overview
- 8.1.2 Financial Data
- 8.1.3 Product Landscape
- 8.1.4 Strategic Outlook
- 8.1.5 SWOT Analysis
- 8.2 Energizer Holdings Inc.
- 8.2.1 Business Overview
- 8.2.2 Financial Data
- 8.2.3 Product Landscape
- 8.2.4 Strategic Outlook
- 8.2.5 SWOT Analysis
- 8.3 Evatran LLC (Plugless Power)
- 8.3.1 Business Overview
- 8.3.2 Financial Data
- 8.3.3 Product Landscape
- 8.3.4 Strategic Outlook
- 8.3.5 SWOT Analysis
- 8.4 Infineon Technologies
- 8.4.1 Business Overview
- 8.4.2 Financial Data
- 8.4.3 Product Landscape
- 8.4.4 Strategic Outlook
- 8.4.5 SWOT Analysis
- 8.5 Leggett & Platt Inc.
- 8.5.1 Business Overview
- 8.5.2 Financial Data
- 8.5.3 Product Landscape
- 8.5.4 Strategic Outlook
- 8.5.5 SWOT Analysis
- 8.6 Mediatek Inc.
- 8.6.1 Business Overview
- 8.6.2 Financial Data
- 8.6.3 Product Landscape
- 8.6.4 Strategic Outlook
- 8.6.5 SWOT Analysis
- 8.7 Mojo Mobility Inc.
- 8.7.1 Business Overview
- 8.7.2 Financial Data
- 8.7.3 Product Landscape
- 8.7.4 Strategic Outlook
- 8.7.5 SWOT Analysis
- 8.8 Murata Manufacturing Co. Ltd.
- 8.8.1 Business Overview
- 8.8.2 Financial Data
- 8.8.3 Product Landscape
- 8.8.4 Strategic Outlook
- 8.8.5 SWOT Analysis
- 8.9 OSSIA
- 8.9.1 Business Overview
- 8.9.2 Financial Data
- 8.9.3 Product Landscape
- 8.9.4 Strategic Outlook
- 8.9.5 SWOT Analysis
- 8.10 Powercast Corporation
- 8.10.1 Business Overview
- 8.10.2 Financial Data
- 8.10.3 Product Landscape
- 8.10.4 Strategic Outlook
- 8.10.5 SWOT Analysis
- 8.11 Powermat Technologies
- 8.11.1 Business Overview
- 8.11.2 Financial Data
- 8.11.3 Product Landscape
- 8.11.4 Strategic Outlook
- 8.11.5 SWOT Analysis
- 8.12 Qualcomm Incorporated
- 8.12.1 Business Overview
- 8.12.2 Financial Data
- 8.12.3 Product Landscape
- 8.12.4 Strategic Outlook
- 8.12.5 SWOT Analysis
- 8.13 Renesas Electronics
- 8.13.1 Business Overview
- 8.13.2 Financial Data
- 8.13.3 Product Landscape
- 8.13.4 Strategic Outlook
- 8.13.5 SWOT Analysis
- 8.14 Samsung Electronics Co. Ltd.
- 8.14.1 Business Overview
- 8.14.2 Financial Data
- 8.14.3 Product Landscape
- 8.14.4 Strategic Outlook
- 8.14.5 SWOT Analysis
- 8.15 Semtech Corporation
- 8.15.1 Business Overview
- 8.15.2 Financial Data
- 8.15.3 Product Landscape
- 8.15.4 Strategic Outlook
- 8.15.5 SWOT Analysis
- 8.16 Texas Instruments Inc.
- 8.16.1 Business Overview
- 8.16.2 Financial Data
- 8.16.3 Product Landscape
- 8.16.4 Strategic Outlook
- 8.16.5 SWOT Analysis
- 8.17 Thales Group
- 8.17.1 Business Overview
- 8.17.2 Financial Data
- 8.17.3 Product Landscape
- 8.17.4 Strategic Outlook
- 8.17.5 SWOT Analysis
- 8.18 WiBotic
- 8.18.1 Business Overview
- 8.18.2 Financial Data
- 8.18.3 Product Landscape
- 8.18.4 Strategic Outlook
- 8.18.5 SWOT Analysis
- 8.19 Wiferion Gmbh
- 8.19.1 Business Overview
- 8.19.2 Financial Data
- 8.19.3 Product Landscape
- 8.19.4 Strategic Outlook
- 8.19.5 SWOT Analysis
- 8.20 Witricity Corporation
- 8.20.1 Business Overview
- 8.20.2 Financial Data
- 8.20.3 Product Landscape
- 8.20.4 Strategic Outlook
- 8.20.5 SWOT Analysis