The global wireless charger market is anticipated to grow at a significant CAGR of 19.8% during the forecast period (2021-2027). Wireless chargers are increasingly gaining popularity in the market over the last few years. Wireless chargers are the devices that use an electromagnetic field to transfer the power using transmitter and receiver used to charge any devices such as a smartphone, wearable devices, power tools, computing devices, robots, and vehicles. The market is dominated by inductive and resonant wireless chargers. Moreover, the adoption of wireless charging technology in an autonomous vehicle and the investment by private firms are accountable for the significant growth of the global wireless charger market.
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The continuous research and development for wireless technology and technological advancement can create an opportunity for the wireless charger market in near future. For instance, Energous Corp. is preparing a-distance wireless charging system which can charge devices from a distance of up to one meter. Additionally, the government initiative for digitalization in emerging countries and the deployment of IoT and wearable devices will drive the market of wireless charging technology in near future. For instance, the Indian government had increased the fund of the Digital India Program by 23% in 2020 which is around $534 million.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Wireless charger Market Report Segment
By Technology
- Inductive Coupling Wireless Charger
- Magnetic Resonance Wireless Charger
- Radio Frequency Radiation Wireless Charger
By Mobility
- Static Wireless Charger
- Mobile Wireless Charger
By Industry
- Smartphone Industry
- Automobile Industry
- Healthcare Industry
- Others
Global Wireless Charger Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global wireless charger market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where in the market.
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