Press release
Wireless Charging Market Trends 2023, Leading Companies Share, Size and Forecast Report By 2028
Wireless Charging Market
IMARC Group's latest research report, titled "Wireless Charging Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028," The global wireless charging market size reached US$ 15.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 33.6 Billion by 2028, exhibiting a growth rate (CAGR) of 13.77% during 2023-2028.
What is Wireless Charging ? :
Wireless charging is a technology that enables electronic devices to be charged without the need for cables or wires. It uses an electromagnetic field to transfer energy between two objects, typically a charging pad and a device such as a smartphone or a wearable gadget. The charging pad contains a coil that generates an alternating current, which creates an electromagnetic field. When a compatible device is placed on the pad, the electromagnetic field induces an electric current in the device, which is then used to charge the battery.
Wireless charging provides a convenient and efficient way to charge devices without the hassle of cords and can be found in many modern smartphones, smartwatches, and other electronic devices.
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Top Wireless Charging Brands Worldwide:
• Convenient Power HK Limited
• Energizer Holdings, Inc
• Integrated Device Technology
• Leggett & Platt Incorporated
• Murata Manufacturing Co. Ltd
• Powermat Technologies Ltd.
• Qualcomm Incorporated
• Texas Instruments Incorporated
• Witricity Corporation
• Samsung
Wireless Charging Market Growth and Demands:
One of the primary factors driving the market is the increasing demand for convenient and efficient charging solutions that eliminate the need for wires and cords. As smartphones, wearables, and other electronic devices become more prevalent in our daily lives, wireless charging has gained popularity as it offers a hassle-free way to keep these devices powered up. Another factor driving the market is the increasing awareness about the environmental benefits of electric vehicles, which has resulted in more investment in research and development of wireless charging solutions.
Furthermore, with more devices connected to the internet, there is a need for charging solutions that are compatible with a range of devices and can work seamlessly across different platforms. On account of these factors, the market is anticipated to accelerate the sales of wireless charging solutions worldwide.
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Key Market Segmentation:
Breakup by Technology:
• Resonant Charging
• Radio Frequency Based charging
• Others
Breakup by Application:
• Consumer Electronics
• Industrial
• Healthcare
• Automotive
• Defence
Breakup by Transmission Range:
• Short Range
• Medium Range
• Long-Range Wireless Chargers
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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