Press release
Asia Pacific Wireless Charging Market to Surge to USD 15.72 Billion by 2030, with a 24.87% CAGR - Stellar Market Research
Asia Pacific Wireless Charging Market
๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐ข๐ซ๐๐ฅ๐๐ฌ๐ฌ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ size was valued at USD 3.32 Bn. in 2023 and is expected to reach USD 15.72 Bn. by 2030, at a CAGR of 24.87%.
๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐ข๐ซ๐๐ฅ๐๐ฌ๐ฌ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Wireless charging technology allows devices to be charged without physical cables, utilizing electromagnetic fields to transfer energy from a charging pad to the device. Valued at USD 3.32 billion in 2023, the Asia Pacific Wireless Charging Market is projected to grow at a compound annual growth rate (CAGR) of 24.87% from 2023 to 2030. The surge in demand for high-speed wireless and multi-device charging stations is a primary driver of this market growth. Wireless charging offers numerous advantages, including reduced wear and tear on device ports and connectors, extending device lifespan and lowering maintenance and replacement costs. Additionally, the increasing adoption of electric vehicles (EVs) is significantly contributing to the market expansion.
Wireless charging provides a seamless and user-friendly charging experience by eliminating the need for physical cables and connectors, which is particularly beneficial for EV owners. This convenience is a critical factor driving the widespread acceptance of wireless charging technology. The focus on improving user experience and enhancing charging efficiency is expected to sustain the robust growth of the Asia Pacific wireless charging market throughout the forecast period.
๐๐ง๐ฅ๐จ๐๐ค ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐๐ฎ๐ซ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/req_sample/asia-pacific-wireless-charging-market/2325
๐๐ก๐๐ญ ๐๐ซ๐ ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐ข๐ซ๐๐ฅ๐๐ฌ๐ฌ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ?
Rise in Adoption of Electric Vehicles (EVs)
The growing popularity of electric vehicles (EVs), driven by environmental concerns and supportive government incentives, is boosting the demand for wireless charging infrastructure. Wireless charging technology aligns with the needs of modern EV users by offering convenience and efficiency, thereby accelerating market growth. As regulations evolve and consumer preferences shift, the EV and energy storage system (ESS) industries are poised for substantial growth, with the Asia Pacific region playing a pivotal role. Plug-in electric vehicle sales are expected to reach approximately 39 million units by 2030, partly fueled by recent regulations in the US.
The Asia Pacific region is emerging as the primary growth driver for the wireless charging market, accounting for a significant share. Regulations mandating a higher proportion of EVs in car manufacturers' portfolios are influencing the industry. Automakers are adapting to stricter regulations and changing consumer preferences by focusing on high-performance and energy-efficient battery packs, particularly in the C/SUV-C and D/SUV-D model segments. This shift towards sustainable mobility is further boosting the growth of the Asia Pacific wireless charging market.
China's Role in the EV Market
China's substantial investment in EV technology and batteries has positioned its domestic automakers to compete effectively in global markets. In 2022, China accounted for 58% of global EV sales and 70% of total EV production. Recent policy measures, including subsidies and export controls on critical materials like graphite, reflect China's strategic approach to maintaining its dominance in the EV sector. As the US and EU impose new tariffs and local content requirements to build their own EV supply chains, China's proactive measures are reinforcing its leadership position in the global EV and wireless charging markets.
๐ ๐๐๐ ๐๐๐ญ ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! @https://www.stellarmr.com/report/req_sample/asia-pacific-wireless-charging-market/2325
๐๐ก๐๐ญ ๐ข๐ฌ ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐ข๐ซ๐๐ฅ๐๐ฌ๐ฌ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง?
By Component
Transmitters
Receivers
Others
By Technology
Inductive
Resonant
Radio Frequency
Others
By Industry Vertical
Automotive
Consumer Electronics
Industrial
Healthcare
Aerospace and Defence
Others
Country Scope
China, India, Japan, South Korea, Australia, ASEAN(Indonesia, Vietnam , Laos, Brunei, Thailand, Myanmar , Philippines, Cambodia, Singapore , Malaysia)Rest of APAC
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ ๐๐ข๐ซ๐๐ฅ๐๐ฌ๐ฌ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
Samsung Electronics (South Korea)
Sony Corporation (Japan)
TDK Corporation (Japan)
MediaTek Inc. (Taiwan)
Qualcomm Inc. (USA)
Broadcom Corporation (USA)
Toshiba Corporation (Japan)
ROHM Co. Ltd. (Japan)
Analog Devices Inc. (USA)
WรRTHELEKTRONIK GMBH & CO. KG (Germany)
Energizer Holdings, Inc. (USA)
WiTricity Corporation (USA)
๐ ๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ข๐ฌ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฅ๐๐๐ฌ๐ ๐๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/asia-pacific-wireless-charging-market/2325
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Asia Pacific Dry Mix Mortar Market https://www.stellarmr.com/report/APAC-Dry-Mix-Mortar-Market/1245
Asia Pacific Floor Grinding Machine Market https://www.stellarmr.com/report/APAC-Floor-Grinding-Machine-Market/1246
Asia Pacific In-Flight Catering Services Market https://www.stellarmr.com/report/APAC-In-Flight-Catering-Services-Market/1247
Asia Pacific Insulin Pump Market https://www.stellarmr.com/report/Asia-Pacific-Insulin-Pump-Market/1248
Asia Pacific Architectural Acoustic Panels Market https://www.stellarmr.com/report/APAC-Architectural-Acoustic-Panels-Market/1249
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
sales@stellarmr.com
๐๐๐จ๐ฎ๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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