The latest research report by Polaris Market Research provides a thorough analysis of a rapidly growing market. It covers all the key market aspects, including Wireless Charging Market share, size, drivers, trends, and major developments. Also, it offers market forecasts at the national, regional, and global levels. An in-depth analysis of market segments, along with an examination of the market performance across major regions and sub-regions, has been included in the study. The report provides insights into strategic developments to help stakeholders devise effective operating strategies.
The report includes a thorough value chain analysis to help readers gain crucial information on the outbound and inbound market logistics. Additionally, a thorough examination of key market participants addressing diverse consumer needs has been provided in the study. It further covers the emerging market trends and opportunities market participants can capitalize on. Pictorial representations, including charts, tables, and graphs, have been provided to help readers comprehend the key stats and other data easily.
Global wireless charging market size and share is currently valued at USD 6.95 billion in 2023 and is anticipated to generate an estimated revenue of USD 39.07 billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 21.1% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 – 2032
Market Dynamics:
This section of the research report sheds light on the evolution of the market, covering how market participants are responding to technological shifts. The impact of the shifting market landscape and globalization has been provided in the study. Also, all the key factors driving Wireless Charging market growth have been covered.
The report covers major market trends and opportunities market participants can capitalize on. Additionally, it presents crucial information on market restraints and challenges and how businesses can navigate them. Furthermore, an analysis of technological advancements and regulatory shifts and their impact on market demand has been included in the study.
A few of the key players operating in the market are:
- Apple Inc.
- ConvenientPower
- Energizer Holdings, Inc.
- Leggett & Platt, Incorporated
- MediaTek Inc.
- Mojo Mobility Inc.
- Murata Manufacturing Co., Ltd.
- PLUGLESS POWER INC.
- Powercast Corporation.
- Powermat
- Qualcomm Technologies, Inc.
- Renesas Electronics Corporation.
- Texas Instruments Incorporated.
- WiTricity Corporation
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Recent Developments:
- May 2023: Resonant Link introduced a wireless charging system specifically designed for medical devices, including implants such as titanium cannulas. This innovative solution enables patients to rapidly recharge their devices within minutes, ensuring uninterrupted daily activities.
- July 2023: Indie Semiconductor launched the iND87200 system-on-chip (SoC) for wireless power charging. This advanced SoC sets new integration standards, offering a comprehensive and cost-effective solution for in-cabin portable device charging, fully compliant with the WPC ‘Qi’ standard.
- November 2022: Motherson partnered with Aira to accelerate advancements in wireless charging technology for vehicle interiors. This collaboration focuses on developing seamless wireless charging modules, enhancing the in-car user experience for consumers.
- July 2022: Plantronics joined forces with Luxshare-ICT to promote the widespread adoption of NFC wireless charging in consumer and computing devices. The partnership aims to provide ready-made NFC wireless charging solutions, enabling seamless integration across various consumer electronics products.
- August 2022: MAHLE and Siemens collaborated to research and develop wireless charging systems for electric vehicles (EVs). This partnership focuses on integrating and testing automotive engineering solutions and infrastructure dedicated to wireless EV charging technology.
Global Wireless Charging Market, by Technology
5.1. Key Findings
5.2. Introduction
5.2.1. Global Wireless Charging, by Technology, 2019-2032 (USD Billion)
5.3. Inductive
5.3.1. Global Wireless Charging Market, by Inductive, by Region, 2019-2032 (USD Billion)
5.4. Resonant
5.4.1. Global Wireless Charging Market, by Resonant, by Region, 2019-2032 (USD Billion)
5.5. RF
5.5.1. Global Wireless Charging Market, by RF, by Region, 2019-2032 (USD Billion)
5.6. Others
5.6.1. Global Wireless Charging Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Wireless Charging Market, by Application
6.1. Key Findings
6.2. Introduction
6.2.1. Global Wireless Charging Market, by Application, 2019-2032 (USD Billion)
6.3. Automotive
6.3.1. Global Wireless Charging Market, by Automotive, by Region, 2019-2032 (USD Billion)
6.4. Consumer Electronics
6.4.1. Global Wireless Charging Market, by Consumer Electronics, by Region, 2019-2032 (USD Billion)
6.3. Industrial
6.3.1. Global Wireless Charging Market, by Industrial, by Region, 2019-2032 (USD Billion)
6.4. Healthcare
6.4.1. Global Wireless Charging Market, by Healthcare, by Region, 2019-2032 (USD Billion)
6.3. Defense
6.3.1. Global Wireless Charging Market, by Defense, by Region, 2019-2032 (USD Billion)
6.4. Others
6.4.1. Global Wireless Charging Market, by Others, by Region, 2019-2032 (USD Billion)
Top Features of Wireless Charging Market Report:
- In-depth market analysis covering all the key market aspects
• Historical, current, and projected market size in terms of value and volume
• Detailed market segmentation covering all the major market segments
• Thorough examination of major market developments
• Assessment of the product offerings of market players and their operating strategies
• Includes classification of potential new clients or partners in the target demographic
Key Questions Answered in Report:
- What are the key market growth drivers?
• What are the market projections considering production value and capacity?
• What will be the impact of strategic developments on market growth?
• Who are the Wireless Chargingmarket key players?
• What are the major market trends that can be used to maximize revenue?
• Which research methodologies have been used while prepearing the research report?
• Who could benefit from the research report?
Wireless Charging market research report provides an in-depth analysis by covering all the major market aspects. All the stats and information presented in the study go through a multi-step verification method to ensure accuracy and reliability. The report is a must-read for policymakers, suppliers, stakeholders, and anyone involved or interested in the market.
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