Press release
Global Wireless Charging Market, valued at USD 11.11 Bn in 2022, is anticipated to reach USD 56.03 Bn by 2029.
Wireless Charging Market
The global wireless charging market witnessed significant growth in 2022, driven by the increasing popularity of wearable products such as fitness trackers and smartwatches. Wireless battery charging is gaining traction in these devices as it eliminates the need for exposed connectors or cords, enabling the development of sealed, waterproof, and compact models. The consumer electronics market's ongoing trend of downsizing gadgets further fuels the demand for wireless charging options that provide simple charging alternatives with shorter charging periods and enhanced positioning flexibility.
The objective of the report is to provide a comprehensive analysis of the global Wireless Charging market, offering valuable insights to industry stakeholders. The report encompasses the past and current status of the industry, along with forecasted market size and trends. It includes a dedicated study of market leaders, followers, and new entrants, utilizing PORTER, PESTEL analysis to assess the potential impact of micro-economic factors. The report serves as an investor's guide, providing a clear understanding of market dynamics, structure, and competitive analysis of key players.
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What are Wireless Charging Market Dynamics:
Key drivers influencing the wireless charging market include the increasing efficiency of wireless charging devices and the growing adoption of electric vehicles. The efficiency of wireless charging devices is enhanced through technologies such as magnetic resonance, which enables power transmission over longer distances between receiver and transmitter. As wireless chargers become more efficient, secure, and cost-effective, consumer trust in them continues to grow.
The rising demand for electric vehicles globally, driven by concerns about vehicle pollution and environmental sustainability, has led to the inclusion of wireless charging in all-electric vehicles. Initiatives by organizations like the IEEE Transportation Electrification Community and the World Bank further propel the adoption of wireless charging technology in the automotive industry.
Wireless Charging Market Regional Insights:
North America leads the wireless charging market, with widespread adoption of wireless chargers in various applications, including furniture. The Asia Pacific region is expected to emerge as a dominant player in the wireless charging market, driven by factors such as population growth, increasing disposable income, low prices, and investments from key market players. Europe also demonstrates substantial demand for electric battery charging points as countries focus on sustainable development. However, Latin America and the Middle East show slower growth in the electronic and medical device sectors.
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What is Wireless Charging Market Segmentation:
By Technology:
Radiation Technology
Inductive Technology
Other Technologies
By Transmission Range:
Short Range
Medium Range
Long Range
By Applications:
Healthcare
Automotive
Consumer Electronics
Defense
Industrial
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Who are Wireless Charging Market Key Players:
Energizer Holdings
2. Convenientpower
3. Integrated Device
4. Murata Manufacturing
5. Leggett & Platt,
6. Powerbyproxi Ltd.
7. Qualcomm Incorporated
8. Powermat Technologies
9. Texas Instruments
10. Witricity Corporation
11. Samsung Electronics
12. Sony Corporation
13. Fulton Innovation LLC
14. TDK Corporation
15. Energous Corporation
16. Ossia Inc.
17. ZenS B.V.
Table of content for the Wireless Charging Market includes:
Global Wireless Charging: Research Methodology
Global Wireless Charging Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
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Global Wireless Charging Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Wireless Charging Market Segmentation
Global Market, by Technology (2022-2029)
Global Market, by Transmission Range (2022-2029)
Global Market, by Applications (2022-2029)
Regional Wireless Charging Market (2022-2029)
Regional Market, by Technology (2022-2029)
Regional Market, by Transmission Range (2022-2029)
Regional Market, by Applications (2022-2029)
Regional Market, by Country (2022-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Technology, Transmission Range and Applications
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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