Automotive Wireless Charger Market share, Market trends, and forecasts from 2024 to 2031.

Market Overview and Report Coverage

The Automotive Wireless Charger Market refers to the market for wireless charging systems designed for use in vehicles, allowing users to conveniently charge their devices without needing to use cables. This technology eliminates the hassle of dealing with tangled cords and provides a seamless charging experience for drivers and passengers.
The future outlook for the Automotive Wireless Charger Market is promising, with steady growth projected in the coming years. The market is expected to grow at a CAGR of 8.90% during the forecasted period, driven by the increasing adoption of electric vehicles and the growing demand for convenient charging solutions. As more automakers integrate wireless charging capabilities into their vehicles, the market is expected to expand further, catering to a wider range of consumers.
The current outlook for the Automotive Wireless Charger Market is also positive, with technological advancements driving innovation and enhancing the efficiency and performance of wireless charging systems. With advancements such as faster charging speeds and improved compatibility with a variety of devices, the market is poised for continued growth and development in the years to come.

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Market Segmentation
The Automotive Wireless Charger Market Analysis by types is segmented into:
• Below 10W
• 10W to 15W
• More than 15W

The Automotive Wireless Charger Market can be categorized into three types based on power output: Below 10W, 10W to 15W, and More than 15W. The Below 10W market segment includes chargers suitable for smaller devices, such as smartphones. The 10W to 15W segment caters to a wider range of devices, including tablets and other larger gadgets. The More than 15W segment targets high-power devices and fast-charging capabilities, making it ideal for quick and efficient charging of multiple devices simultaneously.

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The Automotive Wireless Charger Market Industry Research by Application is segmented into:
• Commercial Car
• Passenger Car

The Automotive Wireless Charger Market for commercial cars and passenger cars is growing rapidly due to the increasing demand for convenience and advancement in technology. Commercial car owners prefer wireless chargers for fleet management and operation efficiency. On the other hand, passenger car users appreciate the convenience of wireless charging during their daily commute. As more car manufacturers integrate this technology into their vehicles, the market for automotive wireless chargers in both commercial and passenger car segments is expected to expand further in the coming years.

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In terms of Region, the Automotive Wireless Charger Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global Automotive Wireless Charger market?
The global automotive wireless charger market is witnessing several emerging trends, including the integration of advanced technologies such as AI and IoT to enhance charging efficiency and user experience. There is also a growing demand for fast wireless charging solutions in vehicles to meet the needs of time-conscious consumers. Furthermore, the increasing adoption of electric vehicles is driving the development of wireless charging infrastructure in the automotive industry. Additionally, manufacturers are focusing on offering innovative designs and compact solutions to meet the aesthetic preferences of consumers. Overall, the market is poised for significant growth driven by these evolving trends.

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Major Market Players
Amongst the competitive automotive wireless charger market players, Samsung, LG, and Spigen are well-known names with significant market presence and sales revenue. Samsung, a South Korean multinational conglomerate, has been a leader in the electronics industry for many years. The company's wireless charger division has seen steady growth due to its innovative technology and wide range of products. As of 2021, Samsung's sales revenue from wireless chargers was estimated to be over $1 billion.
LG, another South Korean electronics company, has also made a mark in the automotive wireless charger market with its high-quality products and strong brand reputation. The company has a diverse product portfolio and a global presence, which has helped it capture a significant share of the market. LG's sales revenue from wireless chargers is reported to be around $500 million.
Spigen, a California-based company, is renowned for its durable and stylish smartphone accessories, including wireless chargers. The company has experienced rapid growth in recent years, thanks to its focus on product innovation and customer satisfaction. Spigen's sales revenue from wireless chargers has seen a steady increase, reaching approximately $100 million in 2021.
Overall, the automotive wireless charger market is highly competitive, with players like Samsung, LG, and Spigen leading the way with their innovative products and strong market presence. These companies have demonstrated consistent growth and high sales revenue, showcasing the growing demand for wireless charging solutions in the automotive industry.

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