Wireless Charging Market Overview
The wireless
charging market will exhibit a CAGR of 22.2% in the forecast period of 2022
to 2030 and is expected to reach USD 22.22 billion by 2030.
The global wireless charging market is driven by high demand
for smartphones as well as rising disposable income around the world. These
factors have helped shape the wireless charging market and are expected to
boost the growth. Companies in the wireless charging market could also face
challenges such as slow growth of electric vehicles along with the higher cost
of production. The details covered in the wireless charging market report cover
all the aspects of the industry. Analysts studying the wireless charging market
have also shared growth projections in the report and have suggested wireless
charging market players to plan business strategies accordingly.
Industry News
Ideanomics has announced that a formal deal to purchase 100%
of Wireless Advanced Vehicle Electrification, Inc. has been signed.privately
owned for cash and share considerations, the contractual terms of which are
reported in the 8-K filing by the Company. As an advisor to WAVE on the deal,
Roth Capital Partners handled the acquisition.
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Market Segmentation
The global wireless charging market has been segmented based
on applications, components, and technology. On the basis of technology, the
market for wireless charging is segmented based on inductive coupling,
capacitive coupling. Additionally, the market on the basis of components, is
segmented into transmitters, receivers. The global market for wireless charging
is also covered based on applications segment which is further split into
consumer electronics, industrial, infrastructure, automotive.
Factors like standardization of wireless regulations and
compatibility of chargers with different types of devices support the wireless
charging market growth. The performance of the wireless charging market has
also been studied for the past and current years. Additionally, the wireless
charging market report provides analysis of these segments. The wireless
charging market segmental analysis provided in the report offers major details
about the wireless charging market based on the data and forecasts till 2023.
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Competitive Landscape
The wireless charging market is supported by growing demand
for wireless charging in healthcare as well as industrial areas. The population
growth around the world and increasing demand of wireless charging market based
services and products also support the market growth. However, the wireless
charging market growth can be affected due to lower efficiency than the
conventional wired charging method. The report covers all such details which
will help companies in the wireless charging market to strengthen their
business plan and improve their product portfolio. The wireless charging market
research report also provides company profiles of major companies. The company
profiles of many organizations operating in the wireless charging market report
highlights crucial details like company size, revenue growth, and details of
mergers and acquisitions taking place in the wireless charging market. New
companies and established businesses can plan their strategies based on this
data provided in the wireless charging market research report.
Competitive Leaderboard:
Leading players in the global
wireless charging market include Convenient Power HK Ltd., TDK Corporation,
Qualcomm Inc., PowerbyProxi, WiTricity Corporation, Powermat Technologies Ltd.,
NXP Semiconductors, Integrated Device Technology Inc., Texas Instruments Inc.,
and Samsung Electronics Co. Ltd.
Regional Overview
Companies in the wireless charging market are spread across
the world. The wireless charging market report provides major information about
regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of
the world. The North American wireless charging market has many companies
across the United States, Canada, and Mexico. The wireless charging market of
the Middle East, Africa, and other regions has also been studied by analysts.
The regional analysis of the wireless charging market can be found in the
market research report. Europe has companies in the wireless charging market
across Germany, France, Spain, Italy, and the United Kingdom. A detailed
analysis of the wireless charging market across India, China, and Japan in the
Asia-Pacific region is also presented in the report.
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