Wireless Charger Market Size is Expected to Reach US$ 243.3 Billion by 2031, Rising at a Market Growth of 31.9% CAGR During the Forecast Period | Transparency Market Research, Inc.

The latest research study released by Transparency Market Research on “Wireless Charger Market Forecast to 2022-2031 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Wireless Charger industry, as well as predicted future growth, technological advancements, investment prospects, market economics, and financial data.

Wireless Charger market is estimated to attain a valuation of US$ 243.3 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 31.9% during the forecast period, 2022-2031

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Wireless power technology allows for the elimination of the cord connections required to recharge portable electronic devices. This promising technology has evolved significantly over the last few decades and presently includes a plethora of user-friendly applications. Rise in demand for wireless chargers for smartphones, wearables, autonomous guided vehicles, autonomous robots as well as electric vehicles is anticipated to impact the global wireless charger market in the near future.

Wireless chargers provide better user interaction, availability, reachability, and automation, as compared to wired charging. These chargers are expected to become smaller and more portable during the forecast period, owing to the improvement in GaN materials and emergence of new circuit design. Companies operating in the market are focusing on innovation and R&D in wireless chargers by implementing strategies such as mergers & acquisitions and expansion of product portfolios to broaden their revenue streams.

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  • Detailed industry forecast
  • Brief Introduction to the research report.
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  • Customized reports and analyst assistance are available upon request.
  • Recent market developments and potential future growth opportunities
  • Personalized regional/country reports upon request
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The report covers extensive competitive intelligence which includes the following data points:

– Business Overview

– Business Model

– Financial Data

– Financial – Existing

– Financial – Funding

– Product/Service Segment Analysis and specification

– Recent Development and Company Strategy Analysis

– SWOT Analysis

Competitor Analysis:

The significant players operating in the global Wireless Charger market are

Delta Electronics, Inc., Drone Power Pvt. Ltd., Energizer Holdings, Inc., Energous Corporation, etatronix GmbH, Fulton Innovation LLC., InductEV, Integrated Device Technology, Inc., IPT Technology GmbH, LG Electronics, Meredot SIA, Qualcomm Technologies, Inc., Samsung Electronics Co., Ltd., Sony Corporation, Wiferion GmbH, and Witricity Corporation

Market Segmentation –

  • Product Type
    • Power Mat
    • Charger Pad
    • Charger Stand
    • Quick (Qi) Charger
  • Technology
    • Inductive
    • Magnetic
    • Radio Frequency
    • Resonant
  • Rated Power
    • Up to 15 W
    • 16 W to 50 W
    • 51 W to 500 W
    • 501 W to 1 KW
    • Above 1 KW
  • Application
    • Laptops
    • Smartphones/Tablets
    • Power Tools
    • Smart Home Devices
    • Electric Vehicles
    • Industrial Electric Vehicles
    • Service Robots
    • Speakers
    • Wearables
    • Others
  • End-use Industry
    • Aerospace & Defense
    • Automotive & Transportation
    • Consumer Electronics
    • Healthcare
    • IT & Telecommunication
    • Others (Industrial, Building & Infrastructure, etc.)

This Report lets you identify the opportunities in Wireless Charger Market by means of a region:

  • North America (the United States, Canada, and Mexico)
  • Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
  • South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)

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Key Features of the Wireless Charger Market Report: –

➤ Analyze competitive developments such as expansions, deployments, new product launches, and market acquisitions.

➤ Examine the market opportunities for stakeholders by identifying higher growth sections.

➤ To study and analyze the global Wireless Charger industry status and forecast including key regions.

➤ An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.

➤ It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter’s Five Forces analysis to provide a deeper understanding of the market.

➤ It helps you make strategic business decisions and investment plans.

Key Developments in Global Wireless Charger Industry

In September 2022, mophie (ZAGG Inc.) launched snap+ multi-device travel charger, snap+ charging stand & pad, and snap+ 3-in-1 wireless charging stand to its existing snap+ wireless charging ecosystem. The new mophie enhanced power solutions offer up to 15W of wireless power for at home or on-the-go multi-device charging and are MagSafe compatible for iPhone 13/12 models as well as Qi-enabled smartphones.

In July 2022, WiTricity licensed its wireless charging technology to Wiferion, a solution provider for mobile, wireless power supplies for industrial e-vehicles. Wiferion develops wireless charging systems for a wide range of industrial applications, such as automatic guided vehicles (AGV), industrial trucks, and mobile collaborative robots (AMR/Cobots). Wiferion aimed to accelerate the adoption of wireless charging in industrial automation with the help of this license agreement with WiTricity.

In April 2018, Delta Electronics Inc., launched 30 kW wireless battery charging system for the material handling industry, which can charge 600Ahr-48V battery in 60 minutes. This system is suitable for large and complex vehicles associated with the burgeoning warehouse automation industry, such as scissor lifts, forklifts, trucks, golf carts, and automated guided vehicles (AGVs).

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