Wireless Charging Market By Type (Residential, Commercial), By Technology (Inductive, Resonant, Radio Frequency), By Component (Receiver, Transmitter), By Application (Industrial, Aerospace & Defense, Healthcare, Automotive, Others), By Region (North America, Europe, Asia Pacific, Middle East & Africa, And South America) – Market Size & Forecast 2032

The Wireless Charging Market report includes a global opportunity analysis and industry forecasts for the period 2023-2032. The global market was estimated at USD 6.54 Billion in 2022, registering a CAGR of 24.87% from 2023 to 2032. The base year considered for the study is 2022, and the forecast has been provided for the period 2023 to 2032.

The Wireless Charging Market is expected to promise high growth owing to increasing demand for harvest RF energy in recent years. Increasing demand from applications including industrial, aerospace & defense, healthcare, automotive, and others is expected to drive the growth of the wireless charging market. This market has witnessed a number of key developments by major companies including Samsung, Ergo, Bezalel,  Fone, Lenmar, Gill Electronics, Semtech Corporation, and others with a focus on organic as well as inorganic growth strategies. Developing regions including the Asia Pacific and the Middle East have been among the high potential markets with high growth in some of the key economies.

The transmission of energy from a power source to a consuming device without the use of wires or cables is called wireless charging. Wireless charging usually consists of a charging station also known as a transmitter and a receiver that is integrated inside a device. The transmitter transmits the energy and the receiver receives the energy and charges the battery.

Wireless charging is convenient, reliable, multi-efficient and safer than traditional chargers. Moreover, it is user-friendly, due to its features such as the inconvenience of connecting the cables is minimized. It also gives the advantage of using the same chargers for different brands and models. The demand for wireless chargers is on a rise due to the electronic devices that they are generally utilized in, such as, smartphones, laptops, portable electronics, etc.

Key Factors Impacting Market Growth:

  • Increasing need to harvest RF energy
  • Trending Internet of Things (IoT)
  • Increase in sale of electric vehicles
  • Constantly evolving portable electronics and wearables market 

Key Developments:

  • EnergySquare, a French company introduced a wireless charger for laptops on 2nd January 2019, bringing a groundbreaking innovation in the vigorous competition.
  • Samsung came up with a wireless charging pas which is Qi certified and is suitable for Samsung Note and Samsung Galaxy phones. 

Regional Analysis:

By region, the wireless charging market is estimated to be dominated by North America, Western Europe, and the Asia Pacific during the forecast period. With technological advancements and a cluster of global companies operating in these regions, these regions hold key to the growth and development of the wireless charging market during the forecast period. Most of the leading companies have operations in these regions to cater to the potential end users in the respective region. 

The North America internet of wireless charging market is further segmented by US, Canada, and Mexico, whereas Germany, UK, France, Italy are estimated to be some of the major markets in Western Europe.  Asia Pacific region is segmented by China, Japan, South Korea, India, and Australia. The Middle East and Eastern Europe are estimated to be potential markets with growing demand during the forecast period. Major countries in these regions include Russia, UAE, Saudi Arabia, Israel, and others. 

Companies Covered: Samsung, Ergo, Bezalel,  Fone, Lenmar, Gill Electronics, Semtech Corporation, and NXP Semiconductors…

Market Segmentation:

By Type:

  • Residential
  • Commercial

By Technology:

  • Inductive
  • Resonant
  • Radio Frequency

By Component:

  • Receiver
  • Transmitter

By Application:

  • Industrial
  • Aerospace & Defense
  • Healthcare
  • Automotive
  • Others

By Region:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Russia
    • UK
    • France
    • Italy
    • Spain
    • The Netherlands
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Indonesia
    • Rest of Asia Pacific
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America

Reasons To Buy This Report:

  • Market size estimation of the wireless charging market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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