Press release
In-Car Wireless Charging Market Find Out Essential Strategies To Expand The Business, Current Insights, and Regional Developments
In-Car Wireless Charging Market
In-Car Wireless Charging Market Size was valued at USD 1.93 billion in 2022. The In-Car Wireless Charging market is projected to grow from USD 1.98 Billion in 2023 to USD 2.55 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.72% during the forecast period (2023 - 2030). Quick technological progress, major firms' growing interest in the market, and increasing government subsidies are the key market drivers enhancing the In-Car Wireless Charging market growth.
In today's fast-paced world, convenience and connectivity are paramount, even while on the road. In-car wireless charging systems have emerged as a popular solution, enabling drivers and passengers to conveniently charge their smartphones and other mobile devices without the hassle of cables. This technology not only enhances the driving experience but also promotes safety by reducing distractions caused by tangled wires. As the demand for seamless integration of technology in vehicles continues to rise, the in-car wireless charging market is experiencing significant growth and innovation.
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Key Players:
• Aircharge (UK)
• Power Square (India)
• Mojo Mobility, Inc. (US)
• Apple Inc. (US)
• Qualcomm Technologies, Inc. (US)
• Powermat Technologies Ltd. (Israel)
• Infineon Technologies AG (Germany)
• Zens (The Netherlands)
• Samsung Electronics Co., Ltd (South Korea)
• Hella kGaA Hueck & Co. (Germany),
are the notable vendors in the In-Car Wireless Charging market.
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In-Car Wireless Charging Market Regional Analysis:
North America is the largest market for in-car wireless charging solutions. The surge in demand for energy-efficient and long-lasting charging systems for electronic mobile devices, such as power tools and portable gadgets, drives the market growth. Besides, advances in inductive and resonant topologies positively impact the region's market shares. Also, the solid presence of key market players focusing on inductive and resonant standards substantiates the in-car wireless charging market size.
In-Car Wireless Charging Market Segmentation:
The in-car wireless charging market is sub-segmented into device types, vehicle types, charging standards, technologies, distribution channels, and regions. The device type segment is sub-segmented into smartphones and other devices. The vehicle type segment is sub-segmented into fuel-based, electric, and hybrid vehicles.
The charging standard segment is sub-segmented into Qi standard and PMA standards. The technology segment is sub-segmented into inductive power transfer, conductive charging, and magnetic resonance charging. The distribution channel segment is sub-segmented into OEMs and aftermarkets. By region, the in-car wireless charging market is segmented into the Americas, Asia-Pacific, Europe, MEA, and the rest of the world.
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In-car wireless charging systems represent a significant advancement in automotive technology, offering drivers and passengers a convenient and hassle-free way to keep their devices charged while on the road. With their focus on convenience, safety, and compatibility, in-car wireless charging solutions enhance the overall driving experience and contribute to the seamless integration of technology into modern vehicles. As automotive manufacturers continue to innovate and expand their offerings in the in-car wireless charging market, we can expect to see further advancements and enhancements that cater to the evolving needs and preferences of drivers and passengers alike.
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