Wireless Charging System Market Set to Hit US$ 25.2 Billion by 2030, Driven by Increasing Demand for Wireless Charging in Consumer Electronics, Automotive, and Industrial Applications
Wireless Charging System Market is Booming as Consumers and Businesses Seek More Convenient and Efficient Charging Solutions.
Wilmington, Delaware, Nov. 02, 2023 (GLOBE NEWSWIRE) — According to
Global Wireless Charging System Market: Segmental and Market Share Analysis
- On the basis of type, Due to the large number of resonant unit sales, the resonant segment held the greatest market share in 2022. The increased use of charging technology for hefty batteries will drive segment growth.
Report Synopsis
| Report Metrics | Details |
| Base Year | 2023 |
| Forecast Period | 2023-2030 |
| Base Year Market Size | US$ 6.3 billion |
| Market Size Forecast | US$ 25.2 billion |
| Growth Rate | 21.8% |
| Dominant Segment | Resonant |
| Dominant Region | Asia Pacific |
| Key Market Drivers |
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| Companies Profiled |
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Competition Analysis and Market Structure
Some leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global wireless charging system market include,
- In May 2023, Wireless charging for medical devices was introduced by Resonant Link, a wireless power firm. It can be used to power medical devices such as titanium cannula implants.
Some of the prominent players and suppliers operating and contributing significantly to the global wireless charging system market growth include Samsung Electronics Co. Ltd, Qualcomm Incorporated, Texas Instruments, Integrated Device Technology Inc., Powermat Technologies Ltd, WiTricity Corporation, Energizer Holdings Inc., Murata Manufacturing Co. Ltd, Sony Corporation, Fulton Innovation LLC, Telefónica S.A., and Rogers Communications Inc., among others.
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RationalStat has segmented the global wireless charging system market based on type, application and region
- Global Wireless Charging System Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Type
- Inductive
- Resonant
- Radio Frequency
- Others
- Global Wireless Charging System Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Application
- Electronics
- Automotive
- Industrial
- Healthcare
- Aerospace & Defense
- Global Wireless Charging System Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
- North America Wireless Charging System Market
- US
- Canada
- Latin America Wireless Charging System Market
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Wireless Charging System Market
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Wireless Charging System Market
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Wireless Charging System Market
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Wireless Charging System Market
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America Wireless Charging System Market
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Key Questions Answered in the Wireless Charging System Report:
- What will be the market value of the global Wireless Charging System market by 2030?
- What is the market size of the global Wireless Charging System market?
- What are the market drivers of the global Wireless Charging System market?
- What are the key trends in the global Wireless Charging System market?
- Which is the leading region in the global Wireless Charging System market?
- What are the major companies operating in the global Wireless Charging System market?
- What are the market shares by key segments in the global Wireless Charging System market?
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RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
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