Press Releases

The global wireless charging market is predicted to grow at a 23% CAGR during 2023-2030. Wireless charging is an efficient, convenient, and safe method to power and charges electrical gadgets.   Additionally, it provides reliable, cost-effective, and safety advantages over traditional charging systems by removing the necessity of physical connectors and wires. It also ensures constant power transfer in several types of devices like handheld industrial gadgets, smartphones, heavy-duty equipment, and others that are charged and ready to use at all times. Furthermore, the Internet of Things (IoT), sometimes known as the third wave of technology, is growing rapidly. Furthermore, for IoT-enabled portable devices such as smartphones, digital cameras and camcorders, laptops and tablets, wearable electronics, and home electronics, wireless charging is a must-have feature. As a result, the growing popularity of the IoT market is likely to generate opportunities for market expansion. Nonetheless, owing to the increasing electric vehicle sales, constantly evolving portable electronics and wearables industry, and the frequent requirement to gather ambient RF energy, the wireless charging market is expected to grow during the forecast period.

The wireless charging market refers to the industry involved in the development, production, and adoption of wireless charging technologies and products. Wireless charging, also known as inductive charging or wireless power transfer, enables the transfer of power from a charging source to a device without the need for physical connectors or cables.

Here are key components and technologies related to the wireless charging market:

Transmitters: These are the charging stations or pads that generate an electromagnetic field to transmit power wirelessly. Transmitters can be integrated into various devices such as charging docks, charging mats, or built into furniture and vehicles.

Receivers: Receivers are the components embedded in devices or accessories to receive the wireless power transmitted by the transmitters. They can be integrated into smartphones, tablets, wearables, electric vehicles, and other compatible devices.

Inductive Coupling: Inductive coupling is the primary technology used in wireless charging. It involves the use of electromagnetic fields to transfer power between the transmitter and receiver through coils. The transmitter coil generates an alternating magnetic field, which induces a voltage in the receiver coil, enabling the transfer of power.

Resonant Coupling: Resonant coupling is another wireless charging technology that allows for greater distance between the transmitter and receiver. It uses resonant circuits to match frequencies and improve power transfer efficiency. This technology enables charging over longer distances and through objects, making it suitable for applications like charging pads embedded in furniture.

Magnetic Resonance: Magnetic resonance technology is an extension of resonant coupling and enables charging multiple devices simultaneously. It utilizes magnetic fields to establish a resonant coupling between the transmitter and receiver, allowing for more flexible device placement and charging multiple devices on a single charging pad.

Power Conversion and Control: Wireless charging systems require power conversion and control electronics to manage the power transfer process efficiently. This includes components such as power management ICs, control circuits, and algorithms to optimize charging efficiency, monitor temperature, and prevent overcharging.

Standards and Compatibility: Various wireless charging standards have been established to ensure interoperability and compatibility among different devices and chargers. Common standards include Qi (developed by the Wireless Power Consortium), AirFuel (formerly known as the Alliance for Wireless Power), and the Power Matters Alliance (PMA).

In February 2022, WiTricity, one of the industry leaders and pioneers in wireless charging for electric vehicles (EVs), announced that it will begin offering an aftermarket wireless charging upgrade package for owners of select EV models in 2022, with a restricted beta program starting in 2022. WiTricity HaloTM Charging, the solution, provides a complete, end-to-end, and hassle-free charging experience: simply park and charge.

The COVID-19 outbreak has an impact on the wireless charging market owing to partial or complete lockdown in several countries, disruption in the supply chain, difficulty in procuring raw material, and challenges in delivering finished goods.

Browse 43 market data Tables and 30 Figures spread through 200 Pages and in-depth TOC on " Wireless Charging Market by Technology (Inductive, RF, Resonant and Others), by Application (Aerospace & Defense, Automotive, Consumer Electronics, Healthcare, and Industrial), and Region - Global Forecast to 2030"

By application, healthcare segment is expected to have significant growth during the forecast period.

Based on application, the global wireless charging market is segmented into aerospace & defense, automotive, consumer electronics, healthcare, and industrial. The healthcare segment is anticipated to have significant growth as governments are emphasizing strengthening the healthcare sector so as to ensure public safety amidst the COVID-19 crisis. The implantable medical devices are used as hip, knee, or heart implants and adopt wireless chargers. This has prompted manufacturers to develop innovative technological devices for wireless charging, resulting in the growth of the market.

Global Wireless Charging Market Segmentation Analysis

Discover More About This Report, Download A Free Sample Copy of Global Wireless Charging Market

“North America contributes the largest share in the wireless charging market.”

North America contributes to the largest share in the wireless charging market owing to the growth in the electronics sector and increases the sale of EVs. Moreover, the increased adoption of wireless charging for industrial applications and rising awareness among consumers will drive the growth further.

Some of the major players in the global Wireless Charging market include Energizer, Ossia Inc., SAMSUNG, WiTricity Corporation, PLUGLESS POWER INC., Powermat, Qualcomm Technologies, Inc., Texas Instruments Incorporated, Energous Corporation, and Renesas Electronics Corporation.

Scope of the Report

Global Wireless Charging Market Coverage

Technology Insight and Forecast 2018-2030

• Inductive
• RF
• Resonant
• Others

Application Insight and Forecast 2018-2030

• Aerospace & Defense
• Automotive
• Consumer Electronics
• Healthcare
• Industrial

Geographical Segmentation

Wireless Charging Market by Region

North America

• By Technology
• By Application
• By Country – U.S., Canada, and Mexico

Europe

• By Technology
• By Application
• By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

• By Technology
• By Application
• By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

• By Technology
• By Application
• By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries