Wireless Charging Market is projected to expand at a steady CAGR over the forecast by 2031 | Convenient Power HK Ltd., WiTricity Corporation, Murata Manufacturing Co. Ltd.

New York, Global Wireless Charging Market  report from Global Insight Services is the single authoritative source of intelligence on Wireless Charging Market . The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Wireless Charging is a technology that allows devices to be charged without the need for a physical connection. The technology uses electromagnetic fields to transfer energy between two devices, typically a charger and a mobile phone. Wireless Charging is not a new technology, but it is only recently that it has become commercially available.

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Key Trends

One of the key trends in global wireless charging technology is the development of new standards. Th45te Wireless Power Consortium (WPC) and the AirFuel Alliance are the two main standard-setting bodies for wireless charging, and they are working on developing new standards that will enable faster-charging speeds and higher levels of efficiency. In addition, there is a trend toward the development of multi-device chargers that can charge multiple devices at the same time. These chargers are becoming increasingly popular as they offer a convenient way to charge multiple devices, such as a smartphone, tablets, and laptops.

The increasing adoption of wireless charging technology is leading to the development of new business models. For example, some coffee shops and restaurants are offering wireless charging spots for customers to charge their devices. This is a convenient way for customers to keep their devices charged while they are on the go, and it also provides a new revenue stream for businesses.

The global wireless charging market is expected to grow rapidly in the coming years. This rapid growth is being driven by the increasing adoption of wireless charging technology by major consumer electronics manufacturers and the development of new business models.

Key Drivers

The key drivers of the global wireless charging market are the increasing adoption of smartphones and other consumer electronics, the need for a convenient and hassle-free charging solution, and the increasing number of public places with wireless charging facilities.

The increasing adoption of smartphones and other consumer electronics is the primary driver of the global wireless charging market. The need for a convenient and hassle-free charging solution is the second key driver of the market. The increasing number of public places with wireless charging facilities, such as airports, coffee shops, and restaurants, is the third key driver of the market.

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Market Segments

By Technology

  • Inductive
  • Radio Frequency
  • Resonant
  • Others

By Industry Vertical

  • Electronics
  • Industrial
  • Automotive
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • The Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • The Middle East

Key Player

The global wireless charging market report includes players such as Convenient Power HK Ltd., WiTricity Corporation, Murata Manufacturing Co. Ltd., Texas Instruments, Inc., Energizer Holdings, Inc., Ossia Inc., Samsung Group, WiTricity Corporation, Evatran Group, and Zens.

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