Press release
Wireless Charger Market Projected to Exhibit Growth at 31.9% CAGR by 2031- TMR Study
Overview of Wireless Charger Market
The market, valued at US$ 16.4 billion in 2021, is poised for an unprecedented expansion, primarily fueled by the surge in demand for wireless chargers across consumer electronics and Electric Vehicles (EVs). Industry analysts anticipate substantial growth driven by technological innovations and strategic expansions by key players.
Request for a sample of this research report at (Use Corporate Mail Id for Quick Response) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=18947
Key Players and Strategic Moves
The industry landscape is consolidated, with a few major vendors spearheading innovation and investing extensively in R&D. Prominent companies such as Delta Electronics, Energizer Holdings, LG Electronics, Qualcomm Technologies, Samsung Electronics, and Witricity Corporation are focusing on new product launches, mergers, acquisitions, and portfolio expansions.
Market Dynamics and Trends
Wireless power technology, revolutionizing the way devices are charged, eliminates the need for cords and cables. The burgeoning demand for wireless chargers across smartphones, wearables, autonomous vehicles, and electric vehicles is poised to significantly influence the global market in the foreseeable future. The market is witnessing advancements in GaN materials and circuit designs, contributing to the evolution of smaller and more portable chargers.
Market Insights
The report underscores the transformational impact of wireless charging across healthcare, automotive, and manufacturing industries, promising increased mobility and advancements, particularly for IoT devices. The market is driven by innovations, R&D, and expansions aimed at broadening revenue streams for industry players.
Growth Drivers
Rapid adoption of wireless charging in smartphones, wearables, and other consumer electronics is a major catalyst for market expansion. Notably, the rise in wireless charging technology for smartphones, portable media players, digital cameras, and tablets, coupled with NFC and Bluetooth integration, has propelled market growth.
Industry Developments
Recent advancements by industry leaders such as Western Digital Technologies' SanDisk Ixpand wireless charger Sync and SanDisk Ixpand wireless charger 15W, designed for dual wireless charging and automatic data storage, epitomize the industry's commitment to cutting-edge wireless charging solutions.
Adoption in EVs and Automotive Applications
Wireless chargers are making significant inroads in EV charging stations and in-cabin automotive applications. EVs and key fobs can be seamlessly charged wirelessly without the need for bulky wires. Partnerships between industry giants like Siemens and WiTricity are driving innovation in the wireless EV charging market.
Segmentation and Regional Outlook
The charger pad segment held a significant share in the global wireless charger market in 2021, witnessing high demand across various industries due to its user-friendly and safe charging features.
North America led the global market in 2021, attributing its growth to the surge in electric vehicle sales and the high penetration of premium smartphone brands. Asia Pacific and Europe are key markets with substantial growth potential, driven by the adoption of wireless chargers in EVs and consumer electronics devices.
Buy this Premium Research Report | Immediate Delivery Available at - https://www.transparencymarketresearch.com/checkout.php?rep_id=18947<ype=S
Recent Market Developments
mophie's launch of snap+ multi-device travel charger and snap+ charging stand & pad, providing up to 15W of wireless power for multi-device charging.
WiTricity's licensing of wireless charging technology to Wiferion for industrial e-vehicles, accelerating wireless charging adoption in industrial automation.
Delta Electronics' introduction of a 30 kW wireless battery charging system for the material handling industry, suitable for various warehouse automation vehicles.
The comprehensive report by Transparency Market Research provides an in-depth understanding of the Wireless Charger Market, enabling stakeholders to make informed decisions in this rapidly evolving landscape.
About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
Contact Us
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Wireless Charger Market Projected to Exhibit Growth at 31.9% CAGR by 2031- TMR Study here
News-ID: 3326604 • Views: …
More Releases from Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
More Releases for Wireless
Wireless Platforms Market Is Expected To Grow At A Rapid Pace Throughout By Prod …
Acumen Research and Consulting has announced the addition of the "Wireless Platforms Market” report to their offering.
The Wireless Platforms Market Report 2018 is an in depth study analyzing the current state of the Wireless Platforms Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Wireless Platforms Market provides analysis of China market covering the industry trends, recent…
Hoomband Wireless-Does Hoomband Wireless Work-Complete Info
Each individual is precise. This is why for the Hoom undertaking we've got studied the panorama of existing sound techniques with a purpose to create the most whole content library possible. Get the Hoomband Wireless these days.
All our content material is distinct and studied mainly for inducing the deepest and quickest sleep feasible. You can be without difficulty over excited through hypnotic documentaries, at the same time as your partner…
M2M Network Security market expected highest growth till 2028| Cisco Systems, Ge …
M2M Network Security market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global M2M Network Security market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
This section of the report also lends veritable…
Distributed Antenna System Market Study On Growth Factors For 2019-2025: BTI Wir …
The Distributed Antenna System market report is a comprehensive analysis on the study of Distributed Antenna System Industry. This report helps focus on the more important aspects of the market like what the market recent trends are. The base year for calculation in the report is taken as 2017 & 2018 the historic year is 2012 t0 2016 which will tell you how the market is going…
Solid State Battery Market Segment Forecast by Top Competitors like BTI Wireless …
Global Solid State Battery Market, By Type (Thin-Film Batteries, Portable Batteries, Other Batteries), Capacity (Less Than 20 mAh, Between 20 mAh -500 mAh, 500 mAh, Above), Application (Consumer Electronics, Electric Vehicle, Energy Harvesting, Entertainment, Medical Devices, Packaging, Portable Devices, Smart Cards, Wearable Devices, Wireless Communication, Others), Geographical Segments (North America, South America, Europe, Asia-Pacific, Middle East and Africa)- Industry Trends and Forecast to 2025
Download Free Sample PDF Report at https://databridgemarketresearch.com/request-a-sample/?dbmr=global-solid-state-battery-market…
Distributed Antenna System (DAS) Market Comprehensive Analysis 2018 |By: HUBER+S …
This report contains all the company profiles of the key players and brands that making moves such as developments, product launches, joint ventures, merges and accusations which affect the Distributed Antenna System (DAS) Market, along with the company profiles the report also contains the market restrains and drivers which are derived through SWOT analysis of the Distributed Antenna System (DAS) Market.
The report also gives an in-depth idea about what the…
