Wireless Charging Market Growth, Global Industry Share, Trends, Size, Top Leaders, Future Plans and Opportunity Assessment


Posted July 28, 2023 by apurvamaximize

Wireless Charging Market was valued at US$ 11.11 Bn. in 2022 and is expected to reach US$ 56.03 Bn. by 2029, at a CAGR of 26% during a forecast period.

 
Wireless Charging Market Overview

The report published by Maximize Market Research helps clients to understand the competitive landscape in detail, which is a guide for strategic planning. The Wireless Charging Market overview provides thorough details about the size of the market, trade statistics, leading players, and various market metrics such as life cycle, trends, etc.

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Wireless Charging Market Report Scope and Research Methodology

The technology adoption, financial standing, portfolio, merger and acquisition, joint ventures and strategic alliances are covered in the competitive environment for the Wireless Charging market. A thorough report includes the drivers, restraints, opportunities, and challenges of the Wireless Charging market. To understand Wireless Charging market estimations and growth rates, a bottom-up approach was used in the report.

Regional analysis of the Wireless Charging market was conducted at a local, regional and global level to understand the Wireless Charging market penetration, price and demand analysis and competitive landscape. The report provides fundamental information on the Wireless Charging market such as stakeholders, investors and new entrants used to develop marketing plans and investments.

The primary and secondary data methods were used for the data collection for the Wireless Charging Market. The primary approach involves surveys, questionnaires and telephonic interviews with market leaders, business owners, etc. and the secondary data collection method includes press news, annual reports and financial reports, white papers, etc. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to determine the competitive intensity of the industry in the Wireless Charging Market

Wireless Charging Market Regional Insights

The Wireless Charging market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The Regional Analysis in the report helps to understand the Wireless Charging market in several countries. The report includes a detailed analysis of all the factors, market size, growth rate, and import and export in regions.

Wireless Charging Market Dynamics:
Increasing the effectiveness of wireless charging devices: Inductive charging is a typical method for wirelessly charging electric vehicles and consumer electronics. By enabling power transfer across 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 squandered, 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 since they provide benefits in terms of security, cost, and efficiency.

Customers favour conventional charging methods because they are less expensive and provide faster charge times than wireless charging. Manufacturers commonly give their items a wired charger. While wireless charging offers portability and mobility, many items cannot use it since it requires Qi-compatible gadgets. Because wireless charging pads are getting bigger and adapters are getting more compact and durable, consumers are showing a stronger preference for conventional charging methods.

Wireless Charging Market Segmentation:
Leading standards like WPC (Qi technology) and PMA utilise inductive technology. Furthermore, electric vehicles (EVs) are propelled using inductive technology. Resonant and radio frequency (RF) technologies are anticipated to be the most profitable ones in the market. Resonant technology makes it easier to power objects over short distances without needing to make direct touch. With the help of this technology, numerous devices can be charged simultaneously.

Due to shifting consumer lifestyle tastes, urbanisation, and the rising number of internet users, personal digital assistants (PDAs), smartphones, computers, 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 devices are developing wireless charging systems quickly.

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Wireless Charging Market Key Players

1. Energizer Holdings
2. Convenientpower
3. Integrated Device
4. Murata Manufacturing
5. Leggett & Platt,
6. Powerbyproxi Ltd.
7. Qualcomm Incorporated
8. Powermat Technologies
9. Texas Instruments
10. Witricity Corporation
11. Samsung Electronics
12. Sony Corporation
13. Fulton Innovation LLC
14. TDK Corporation
15. Energous Corporation
16. Ossia Inc.


Key questions answered in the Wireless Charging Market are:

What is Wireless Charging?
What was the Wireless Charging market size in 2022?
What is the growth rate of the Wireless Charging Market?
Which are the factors expected to drive the Wireless Charging market growth?
What are the different segments of the Wireless Charging Market?
What are the factors restraining the growth of the Wireless Charging Market?
What is the demand pattern of the Wireless Charging Market?
What major challenges could the Wireless Charging Market face in the future?
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Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
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Issued By Apurva
Country United States
Categories Electronics
Tags wireless charging market , wireless charging market trends , wireless charging market growth
Last Updated July 28, 2023