Wireless Charging Market by Type (Inductive, Resonance, Radio), by Component (Transmitter, Receiver), by Application (Smartphone, Tablets, Notebook, Medical Devices), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) – Global Forecast 2020 to 2027

Wireless Charging Market  - Global Industry Analysis and Forecast 2020 to 2027

Wireless Charging Market: Summary

The Global Wireless Charging Market is projected to reach a value of over USD 46.1 billion by 2027 at a CAGR of around 21.6%.

Wireless charging is a method of charging battery-operated equipment and devices without any wired connection. This enables wireless transfer of electrical charge from charging device to customer device. There are three types of wireless charging: inductive, radio, and resonance. Inductive charging use electromagnetic waves to charge the device wirelessly. This method requires a device which is placed on charging pad which is connected to home wall socket. However, radio charging is same as inductive charging, but this method uses wireless radio waves to transfer energy to small devices and electronic equipment. Increasing global sales of smartphone and wearable devices and rising need for wireless charging in advanced medical devices will drive the market during forecast period.  

Wireless Charging Market

Wireless Charging Market: Driver & Opportunity

Market Driver:

  • Increasing Global Sales of Smartphone and Wearable Devices

Increasing disposable income in developing country, increasing youth population, and latest technological developments & improvements in electronic devices will increases the smartphone and wearable devices market during forecast period. This improvement includes larger screens, high storage capacity & processing power, longer battery life, IP certification for shock & water protection, and superfast charging. Moreover, the wearable devices include smartwatches, fitness trackers, wireless earbuds, and many more which also showing positive market growth due to its operational performance and applications. Hence it is expected to drive the wireless charging market during projected years.   

Market Opportunity:

  • Growing Electric Vehicles Market in Europe

Due to strengthened & extended New Energy Vehicle mandate and CO2 emissions standards, there are signals that recovery measures to tackle the Covid-19 crisis will continue to focus on vehicle efficiency in general and electrification. Moreover, in 2019, Europe (at 3.5%) has achieved new records in electric vehicles market share. Germany, Italy, and Norway will increase the market share of electric vehicles in Europe for reducing green-house gas emission and petrol prices which is expected to become an opportunity for the wireless charging market during growth period.   

Wireless Charging Market: Key Segments

  • Segmentation based on type: Radio Charging, Inductive Charging, and Resonance Charging
  • Segmentation based on component: Transmitter and Receiver
  • Segmentation based on application: Smartphone & Wearables, Notebooks & Tablets, Power Tools & Service Robots, Multicopters & Electric Toys, Medical Devices, Smart Home & IoT Devices, In-Car Charging, and Others
  • Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

Wireless Charging Market: Report Scope

The report on the wireless charging market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2019-2027

Base Year for Market Calculation

2020

Forecasted Period

2021-2027 (2021 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million)

Segments Included

Type, Application, Component, and Region

Regional Coverage

North America, Asia-Pacific, Europe, Middle East & Africa, South America

Key Companies Covered

  • Infineon Technologies AG (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • SAMSUNG
  • Texas Instruments Incorporated
  • NXP Semiconductors
  • Qualcomm Technologies, Inc.
  • TDK Corporation
  • Renesas Electronics Corporation
  • PowerbyProxi (Apple Inc.)
  • WiTricity Corporation
  • ConvenientPower HK Limited
  • Powermat
  • Murata Manufacturing Co., Ltd.
  • Leggett & Platt, Incorporated
  • Energizer
  • Oregon Scientific
  • Mojo Mobility, Inc.
  • EVATRAN GROUP
  • Other Key Companies

Wireless Charging Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Wireless Charging Market, by Type

  • Radio Charging
  • Inductive Charging
  • Resonance Charging

Wireless Charging Market, by Component

  • Transmitter
  • Receiver

Wireless Charging Market, by Application

  • Smartphone & Wearables
  • Notebooks & Tablets
  • Power Tools & Service Robots
  • Multicopters & Electric Toys
  • Medical Devices
  • Smart Home & IoT Devices
  • In-Car Charging
  • Others

Wireless Charging Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • Taiwan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Norway
    • Russia
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions Answered By The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Report Audience

  • Wireless Charging Market Providers
  • Wireless Charging Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Wireless Charging Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE WIRELESS CHARGING MARKET STUDY

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Increasing Global Sales of Wearable Devices and Smartphones
      2. Rising Need of Wireless Charging in Advanced Medical Devices
    3. Restraint
      1. Lack of Standards and Mobility Issues
    4. Opportunities
      1. Growing Electric Vehicles Market in Europe
    5. Challenges
      1. Health Problems for Humans
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. New and Upcoming Wireless Charging Technologies
    3. Wireless Charging Standards
  6. GLOBAL WIRELESS CHARGING MARKET BY TYPE, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Radio Charging
    3. Inductive Charging
    4. Resonance Charging
  7. GLOBAL WIRELESS CHARGING MARKET BY COMPONENT, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Transmitter
    3. Receiver
  8. GLOBAL WIRELESS CHARGING MARKET BY APPLICATION, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Smartphone & Wearables
    3. Notebooks & Tablets
    4. Power Tools & Service Robots
    5. Multicopters & Electric Toys
    6. Medical Devices
    7. Smart Home & IoT Devices
    8. In-Car Charging
    9. Others
  9. GLOBAL WIRELESS CHARGING MARKET BY REGION, Market Size in USD Million (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Norway
      6. Russia
      7. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. Taiwan
      5. South Korea
      6. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  10. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  11. COMPANY PROFILES
    1. Infineon Technologies AG
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. SAMSUNG
    3. Texas Instruments Incorporated
    4. NXP Semiconductors
    5. Qualcomm Technologies, Inc.
    6. TDK Corporation
    7. Renesas Electronics Corporation
    8. PowerbyProxi (Apple Inc.)
    9. WiTricity Corporation
    10. ConvenientPower HK Limited
    11. Powermat
    12.  Murata Manufacturing Co., Ltd.
    13. Leggett & Platt, Incorporated
    14. Energizer
    15. Oregon Scientific
    16. Mojo Mobility, Inc.
    17. EVATRAN GROUP
    18. Other Key Companies
  12. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

Rep Id : SC 055

Published : July, 2020


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