Press release
Wireless Charging Market Poised to Hit USD 107.91 Billion by 2032
The ๐๐ข๐ซ๐๐ฅ๐๐ฌ๐ฌ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ size was valued at USD 22.39 Billion in 2024 and the total Wireless Charging size is expected to grow at a CAGR of 21.72 % from 2025 to 2032, reaching nearly USD 107.91 Billion by 2032.๐๐ข๐ซ๐๐ฅ๐๐ฌ๐ฌ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Wireless charging eliminates the need for wired connections, allowing battery-powered devices to charge through electromagnetic induction. This technology is widely applied across industries, including consumer electronics, healthcare, and automotive. The Internet of Things (IoT) and smart home applications are further fueling adoption, offering seamless power solutions for devices such as sensors, cameras, and smart home products. Increasing integration into public infrastructure-like tables, desks, parking lots, and even roads-is enabling more widespread adoption, particularly for electric vehicle (EV) charging. Countries such as Vietnam, China, and the United States are emerging as key players in wireless charger manufacturing and exports, with Vietnam leading global exports with over 156,000 shipments in 2024.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ญ๐ก๐ ๐๐ซ๐๐ง๐๐ฌ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.stellarmr.com/report/req_sample/Wireless-Charging-Market/2266
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐ซ๐๐ฅ๐๐ฌ๐ฌ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
The rise of electric vehicles (EVs) and the growing demand for consumer electronics are key drivers of the wireless charging market. In the automotive sector, wireless charging is reshaping how EVs are powered, offering convenience and efficiency. Leading companies, such as Samsung, Apple, and Tesla, are pushing the boundaries of innovation with products like inductive charging pads and MagSafe technology. Additionally, governments worldwide are encouraging the adoption of electric vehicles through incentives and infrastructure development. For example, initiatives in China and India to promote EV adoption are boosting demand for wireless charging systems. In consumer electronics, wireless charging's user convenience, water-resistant features, and universal standards like Qi are driving widespread adoption, with 70% of smartphones shipped globally now featuring wireless charging capabilities.
๐๐ข๐ซ๐๐ฅ๐๐ฌ๐ฌ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Several trends are shaping the future of the wireless charging market. Dynamic Electric Vehicle Charging (DEVC) technology, which allows EVs to charge while in motion, is a groundbreaking development. Companies like ElectReon and Qualcomm (now part of WiTricity) are pioneering DEVC systems, enabling longer driving ranges and reduced reliance on large energy storage solutions. The integration of wireless charging into public infrastructure, such as shopping malls and transit hubs, is making charging more accessible and convenient. Furthermore, advancements in high-power charging for EVs and innovations in consumer electronics, such as Apple's Qi2 standard, are setting new benchmarks in efficiency and compatibility. The market is also witnessing intense competition among key players, driving innovation and offering a diverse range of solutions to meet the evolving needs of global consumers.
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐ซ๐๐ฅ๐๐ฌ๐ฌ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฉ๐๐๐ญ๐๐ฌ
๐๐ข๐ซ๐๐ฅ๐๐ฌ๐ฌ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam is witnessing a surge in the adoption of wireless charging technologies, especially in consumer electronics and EVs. The government's focus on promoting smart city projects has created significant opportunities. In 2023, ๐๐ข๐ง๐ ๐ซ๐จ๐ฎ๐ฉ, a major player in the Vietnamese market, announced partnerships to integrate wireless charging solutions into its EV lineup.
๐๐ข๐ซ๐๐ฅ๐๐ฌ๐ฌ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐๐จ๐ซ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's wireless charging market is driven by the automotive sector. With ๐๐๐ง๐ ๐ค๐จ๐ค ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ leading the push for EV adoption, wireless charging infrastructure is expected to see robust growth. Key recent developments include partnerships between Thai firms and global players like ๐๐ฎ๐๐ฅ๐๐จ๐ฆ๐ฆ for technology transfer.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:https://www.stellarmr.com/report/enquire_now/Wireless-Charging-Market/2266
๐๐ข๐ซ๐๐ฅ๐๐ฌ๐ฌ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan, a leader in innovation, has been a pioneer in wireless charging technologies. Companies like ๐๐๐ง๐๐ฌ๐จ๐ง๐ข๐ and ๐๐จ๐ง๐ฒ are heavily investing in R&D to enhance the efficiency of wireless charging. Japan also saw a surge in mergers and acquisitions, including the acquisition of a domestic wireless charging startup by ๐๐ข๐ญ๐๐๐ก๐ข in 2024, aimed at expanding its product portfolio.
๐๐ข๐ซ๐๐ฅ๐๐ฌ๐ฌ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea has emerged as a hub for wireless charging solutions, with giants like ๐๐๐ฆ๐ฌ๐ฎ๐ง๐ ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐๐ฌ leading the way. The acquisition of a US-based wireless charging technology firm by ๐๐ ๐๐ฅ๐๐๐ญ๐ซ๐จ๐ง๐ข๐๐ฌ in 2023 highlights South Korea's strategic focus on strengthening its market position.
๐๐ข๐ซ๐๐ฅ๐๐ฌ๐ฌ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's advanced infrastructure and commitment to smart technologies make it a key player in the wireless charging market. In 2024, ๐๐ข๐ง๐ ๐๐๐ฅ announced the deployment of wireless charging stations in collaboration with ๐๐จ๐ฐ๐๐ซ๐ฆ๐๐ญ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐ฌ. The government is also encouraging startups to innovate in this space.
๐๐ข๐ซ๐๐ฅ๐๐ฌ๐ฌ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐
The US dominates the global wireless charging market, fueled by the rapid adoption of EVs and IoT devices. Companies like ๐๐๐ฌ๐ฅ๐ and ๐๐ฉ๐ฉ๐ฅ๐ are at the forefront, introducing innovative solutions. In 2024, ๐๐๐ฌ๐ฅ๐ partnered with a German firm to enhance its wireless charging capabilities for EVs.
๐๐ข๐ซ๐๐ฅ๐๐ฌ๐ฌ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe's wireless charging market is booming, driven by stringent environmental regulations and EV adoption. Companies like ๐๐จ๐๐๐ซ๐ญ ๐๐จ๐ฌ๐๐ก ๐๐ฆ๐๐ and ๐๐จ๐ง๐ญ๐ข๐ง๐๐ง๐ญ๐๐ฅ ๐๐ are leading the charge.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.stellarmr.com/report/req_sample/Wireless-Charging-Market/2266
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ข๐ซ๐๐ฅ๐๐ฌ๐ฌ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
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๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ: https://www.stellarmr.com/report/Wireless-Charging-Market/2266 ๏ปฟ
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ข๐ซ๐๐ฅ๐๐ฌ๐ฌ ๐๐ก๐๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
Energizer Holdings (US)
Integrated Device Technology (US)
Murata Manufacturing (Japan)
Qualcomm Incorporated (US)
Powermat Technologies (Israel)
Texas Instruments (US)
Witricity Corporation (US)
Samsung Electronics (South Korea)
Sony Corporation (Japan)
TDK Corporation (Japan)
Energous Corporation (US)
Ossia Inc. (US)
ZenS B.V (Netherlands)
Apple (California)
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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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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