Press release
Global Wireless Charger Market to Expand at 31.9% CAGR, Reaching US$ 243.3 Bn by 2031 - TMR Report
The global wireless charger market was valued at US$ 16.4 billion in 2021 and is projected to expand at a CAGR of 31.9% from 2022 to 2031, reaching a valuation of US$ 243.3 billion by 2031. The rapid adoption of wireless charging technology across multiple industries, including consumer electronics, healthcare, automotive, and industrial automation, is a key driver behind this growth.Wireless charging technology eliminates the need for physical connectors, enabling seamless and efficient charging of electronic devices such as smartphones, tablets, laptops, wearables, electric vehicles (EVs), and autonomous robots. The demand for compact, fast, and efficient charging solutions has driven innovation and technological advancements in the wireless charger industry.
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Market Drivers
• Surge in Demand for Wireless Charging in Consumer Electronics: The increasing adoption of wireless charging in smartphones, wearables, and tablets is driving market expansion. Major smartphone manufacturers such as Apple, Samsung, and Google are integrating wireless charging capabilities into their flagship devices, increasing consumer reliance on this technology.
• Rising EV Adoption and Need for Charging Infrastructure: The growing shift towards electric mobility has created a significant demand for wireless EV charging solutions. As per the International Energy Agency (IEA), global EV sales have been rising steadily, further accelerating investments in wireless EV charging infrastructure.
• Advancements in GaN Technology and Circuit Design: The emergence of gallium nitride (GaN) materials and new circuit designs has led to smaller, more efficient, and portable wireless chargers, enhancing user experience and product performance.
• Increased Focus on Automation in Industrial & Healthcare Sectors: Wireless charging is gaining traction in industrial automation, where autonomous robots, drones, and guided vehicles require seamless power transfer for uninterrupted operations. In healthcare, wireless medical devices are being increasingly adopted for safer and more efficient operations.
Key Players Leading companies in the global wireless charger market include:
• Qualcomm Technologies, Inc.
• Samsung Electronics Co., Ltd.
• Delta Electronics, Inc.
• Energous Corporation
• LG Electronics
• Sony Corporation
• WiTricity Corporation
• Wiferion GmbH
• Western Digital Technologies, Inc.
These players are investing in R&D, partnerships, mergers & acquisitions, and new product launches to gain a competitive edge in the market.
Recent Developments
• August 2021: Western Digital Technologies, Inc. introduced SanDisk Ixpand wireless chargers, offering wireless charging with automatic data backup for Qi-compatible devices.
• July 2022: WiTricity licensed its wireless charging technology to Wiferion for industrial applications such as automated guided vehicles (AGVs) and collaborative robots.
• September 2022: mophie (ZAGG Inc.) launched snap+ wireless charging solutions, including multi-device travel chargers, charging stands, and Qi-compatible wireless charging pads.
• June 2022: Siemens invested US$ 25 million in WiTricity to accelerate innovation in wireless EV charging solutions.
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Market Trends
• Expansion of Public Wireless Charging Infrastructure: Companies are deploying public wireless charging pads at airports, cafes, hotels, and public transport hubs, making charging more accessible for users on the go.
• Development of Long-Range Wireless Charging: Emerging technologies such as resonant and radio frequency (RF) charging are enabling long-range wireless power transfer, allowing multiple devices to be charged simultaneously from a single power source.
• Integration of Wireless Charging in Smart Furniture and IoT Devices: Wireless charging is being embedded into desks, nightstands, kitchen counters, and IoT-powered devices, enhancing convenience and accessibility for users.
Market Segmentation:
• Product Type
o Power Mat
o Charger Pad
o Charger Stand
o Quick (Qi) Charger
• Technology
o Inductive
o Magnetic
o Radio Frequency
o Resonant
• Rated Power
o Up to 15 W
o 16 W to 50 W
o 51 W to 500 W
o 501 W to 1 KW
o Above 1 KW
• Application
o Laptops
o Smartphones/Tablets
o Power Tools
o Smart Home Devices
o Electric Vehicles
o Industrial Electric Vehicles
o Service Robots
o Speakers
o Wearables
o Others
Regional Insights
• North America: Dominates the market due to high adoption of wireless charging in EVs and premium smartphones. The U.S. leads in investments in wireless charging R&D.
• Asia Pacific: Rapidly growing, driven by high smartphone penetration, rising EV sales (especially in China), and government initiatives for smart infrastructure.
• Europe: Increasing adoption of wireless EV charging stations and rising demand for automotive and industrial wireless charging solutions contribute to market growth.
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Future Prospects The wireless charger market is expected to witness continuous growth due to:
• Expansion of wireless EV charging stations worldwide
• Advancements in long-range charging technologies
• Increased integration of wireless charging in industrial automation and medical devices
• Continued innovation in consumer electronics charging solutions
As the technology matures, wireless charging is poised to become the standard power solution across multiple industries, offering a seamless and efficient energy transfer system for a wide range of applications.
Frequently Asked Questions (FAQs)
1. What is the market size of the wireless charger industry?
o The global wireless charger market was valued at US$ 16.4 billion in 2021 and is projected to reach US$ 243.3 billion by 2031.
2. What are the key drivers of market growth?
o Increasing adoption in consumer electronics, rise in EV charging demand, advancements in GaN technology, and growth in industrial automation.
3. Which regions dominate the wireless charger market?
o North America, Asia Pacific, and Europe are the leading regions, with China and the U.S. being key contributors.
4. What are the major technologies used in wireless charging?
o Inductive, magnetic resonance, radio frequency (RF), and resonant wireless charging technologies.
5. Which industries are driving the adoption of wireless chargers?
o Consumer electronics, automotive (EV charging), healthcare, and industrial automation are major end-use industries.
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