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Consumer Electronics Wireless Charging Market worth $24.06 billion by 2030, growing at a CAGR of 18.77% - Exclusive Report by 360iResearch
Consumer Electronics Wireless Charging Market | 360iResearch
The Global Consumer Electronics Wireless Charging Market to grow from USD 7.21 billion in 2023 to USD 24.06 billion by 2030, at a CAGR of 18.77%.
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Consumer electronics wireless charging refers to the process of electrically charging battery-powered devices and equipment without needing a physically wired electrical connection. This technology enables the transfer of power through the air by utilizing electromagnetic fields to charge various consumer electronic devices more efficiently, such as smartphones and wearable devices. Growing penetration of smartphones and wearable devices globally, along with the rising consumer shift toward electric vehicles, boosts the innovations in wireless charging. However, the high cost of integrating wireless charging technology into devices can be prohibitive for manufacturers and consumers. In addition, the lack of standardized technologies leads to compatibility issues between devices and charging stations. Furthermore, continuous improvements in wireless charging technologies increase efficiency and compatibility and pose significant opportunities for market expansion.
In the Americas encompassing the United States & Canada, the proliferation of high-end smartphones and wearable devices has catalyzed the demand for wireless charging. Consumers prioritize convenience and are increasingly inclined toward products integrating Qi-standard chargers. Investment in wireless charging infrastructure, particularly in public spaces and automotive, signifies a robust growth trajectory. Stringent environmental regulations and a high degree of technological adoption drive the European Union market for wireless charging. Investments are geared towards innovative charging solutions for electric vehicles (EVs), underpinning the shift towards sustainability. Customer purchasing behavior leans towards devices that offer convenience and sustainability and are from brands committed to reducing carbon footprints. With a surge in luxury and tech-savvy consumer segments, the Middle East is keenly interested in advanced technologies, including wireless charging for consumer electronics and automotive. In the APAC region, China and Japan's market for wireless charging technology is buoyed by its massive manufacturing base and burgeoning consumer electronics segment. Government initiatives encouraging wireless charging applications, especially in public transportation and electric vehicle sectors, alongside impressive R&D efforts, place these countries at the forefront of wireless charging innovation.
Market Segmentation & Coverage:
This research report categorizes the Consumer Electronics Wireless Charging Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product, market is studied across Receiver IC & Modules, Transmitter IC & Modules, and Transmitter Systems. The Transmitter IC & Modules is projected to witness significant market share during forecast period.
Based on Technology, market is studied across Inductive, Radio Frequency, and Resonant. The Radio Frequency is projected to witness significant market share during forecast period.
Based on Device, market is studied across Laptops & Tablets, Medical Devices, Smartphones, and Wearable Devices. The Wearable Devices is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Consumer Electronics Wireless Charging Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Consumer Electronics Wireless Charging Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Consumer Electronics Wireless Charging Market, highlighting leading vendors and their innovative profiles. These include Aira, Inc., Anker Innovations, Eggtronic Engineering S.p.A., Electreon Wireless Ltd., Energizer Holdings, Inc., Energous Corp., Fulton Innovation LLC, Guangzhou Guan Su Ge Technology Co., Ltd., Huanyu Electronics Industrial Co., Limited, Murata Manufacturing Co., Ltd., Ossia Inc., Panasonic Holdings Corporation, Powermat Technologies Ltd., PULS GmbH, Qualcomm Inc., Renesas Electronics Corporation, Resonant Link, Samsung Electronics Co., Ltd., Sony Corporation, Texas Instruments Incorporated, Waprsolution Co.,Ltd., Wi-Charge, WiBotic, Wireless Power Consortium, Inc., and WiTricity Corporation.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Consumer Electronics Wireless Charging Market, by Product
7. Consumer Electronics Wireless Charging Market, by Technology
8. Consumer Electronics Wireless Charging Market, by Device
9. Americas Consumer Electronics Wireless Charging Market
10. Asia-Pacific Consumer Electronics Wireless Charging Market
11. Europe, Middle East & Africa Consumer Electronics Wireless Charging Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Consumer Electronics Wireless Charging Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Consumer Electronics Wireless Charging Market?
3. What is the competitive strategic window for opportunities in the Consumer Electronics Wireless Charging Market?
4. What are the technology trends and regulatory frameworks in the Consumer Electronics Wireless Charging Market?
5. What is the market share of the leading vendors in the Consumer Electronics Wireless Charging Market?
6. What modes and strategic moves are considered suitable for entering the Consumer Electronics Wireless Charging Market?
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About 360iResearch
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