Press release
Wireless Charging IC Market Anticipated To Witness Robust Growth, Surpassing $10.53 Billion By 2029
Wireless Charging IC
How Big Is the Wireless Charging IC Market Size Expected to Be by 2034?
In recent times, the market size for the wireless charging IC has seen substantial growth. The market value is anticipated to surge from $4.19 billion in 2024 to $5.06 billion in 2025, with a compound annual growth rate (CAGR) of 20.9%. Factors such as eco-friendly solutions, integration in the automotive industry, competitive landscape, innovation, a heightened emphasis on convenience, and the evolution of industry standards have contributed to the growth during the historic period.
The market size for the wireless charging IC is slated to experience significant expansion in the coming years, with expectations to reach a valuation of $10.53 billion by 2029. This growth, estimated at a CAGR of 20.1%, is a result of factors such as market competition and cost optimization, environment-friendly solutions, increased uptake of electric vehicles, standardization and interoperability, and improvements in charging efficiency. Noteworthy trends for the forecast period are the miniaturization and heightened integration, cross-device compatibility, enhancements in rapid charging and efficiency, advances in power delivery, and widespread application across various industries.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9249
How Are Emerging Segments Shaping the Wireless Charging IC Market Landscape?
The wireless charging ic market covered in this report is segmented -
1) By Type: Receiver IC, Transmitter IC
2) By Power Range: Low Range, Medium Range, High Range
3) By Application: Smartphones, Tablets, Medical Devices, Wearable Electronic Devices, Other Applications
4) By Industry Vertical: Consumer Electronics, Automotive, IT And Telecommunication, Oil And Gas, Mining, Healthcare, Other Industry Verticals
Subsegments:
1) By Receiver IC: Single Coil Receiver IC, Multi-Coil Receiver IC, Low-Power Receiver IC
2) By Transmitter IC: Single Coil Transmitter IC, Multi-Coil Transmitter IC, High-Power Transmitter IC
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9249&type=smp
Which Growth Factors Are Influencing Wireless Charging IC Market Expansion?
The wireless charging IC market is anticipated to experience growth driven by an increasing number of smartphones and smartwatches. A smartwatch, resembling a conventional wristwatch in design, is a form of wearable technology, while a smartphone is a handheld device boasting features of a computer, enabling users to send and receive emails, access the internet, and engage with other technologically advanced systems. A plethora of devices including smartphones, smartwatches, wearable tech, computers, and more can leverage wireless charging. The anticipated market growth is rooted in the necessity of wireless charging ICs for powering smartphones and smartwatches. A case in point is a report from Uswitch Limited, a comparison and mobile switching service in the UK, which stated that in February 2024, 71.8 million mobile connections were reported active in 2022. By 2025, it is projected that the UK will have a population of 68.3 million people, 95% of whom will own smartphones. Thus, the rising prevalence of smartphones and smartwatches stands to stimulate the growth of the wireless charging IC market.
Who Are the Dominant Players Across Different Wireless Charging IC Market Segments?
Major companies operating in the wireless charging ic market include NXP Semiconductors N.V., Broadcom Corporation, Toshiba Corporation, Qualcomm Inc., Texas Instruments Inc., ROHM Semiconductor, Vishay Intertechnology Inc., Analog Devices Inc., MediaTek Inc., Integrated Device Technology Inc., Infineon Technologies AG, STMicroelectronics, Semtech Corporation, Samsung Electronics Co. Ltd., Zens GmbH, Devicers Inc., Eaton Corporation plc, LG Electronics Inc., Sharp Corporation, Panasonic Corporation, Sony Group Corporation, TCL Corporation, Xiaomi Corporation, Huawei Technologies Co. Ltd.
What Are the Latest Developing Trends in the Wireless Charging IC Market?
Technological progress is a significant trend becoming prevalent in the wireless charging IC market. Firms involved in this market are prioritizing the creation of innovative technologies and solutions to fortify their market stance. One such firm, indie Semiconductor, a US car semiconductor company, unveiled an integrated auto wireless power charging system-on-chip (SoC) known as iND87200 in June 2023. This product offers unprecedented integration levels in the sector, making the development of cost-efficient, WPC 'Qi'-compliant in-cabin portable device charging solutions swift and easier. Furthermore, the iND87200 boasts a dual-core architecture, featuring an Arm Cortex M4F CPU, complemented with 2MB of built-in Flash and 256kB SRAM besides a customized Arm Cortex M0 processor for the wireless protocol stack.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/wireless-charging-ic-global-market-report
Which Geographic Regions Are Expected to Dominate the Wireless Charging IC Market in the Coming Years?
Asia-Pacific was the largest region in the wireless charging IC market in 2024. The regions covered in the wireless charging ic market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Wireless Charging IC Market?
2. What is the CAGR expected in the Wireless Charging IC Market?
3. What Are the Key Innovations Transforming the Wireless Charging IC Industry?
4. Which Region Is Leading the Wireless Charging IC Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Wireless Charging IC Market Anticipated To Witness Robust Growth, Surpassing $10.53 Billion By 2029 here
News-ID: 3983818 • Views: …
More Releases from The Business Research Company
Military Drones Market Forecast 2025-2034: Comprehensive Analysis And Growth Opp …
The Military Drones Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Military Drones Market?
The size of the military drones market has witnessed a significant increase in recent years. The progression is expected to advance from $15.93 billion in…
Evolving Market Trends In The Metal-Organic Framework Industry: Utilizing Artifi …
The Metal-Organic Framework Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Metal-Organic Framework Market Size During the Forecast Period?
The market size of the metal-organic framework has witnessed substantial growth over the last few years. The market is expected to expand from…
Emerging Trends Influencing The Growth Of The Tuberculosis Diagnostics Market: T …
The Tuberculosis Diagnostics Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
How Big Is the Tuberculosis Diagnostics Market Size Expected to Be by 2034?
The market size for tuberculosis diagnostics has significantly expanded in the recent past. The market value is forecasted to increase from $2.21…
Tourism's Impact On The Growth Of The Travel Insurance Market: A Key Driver Powe …
The Travel Insurance Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Travel Insurance Market Size and Its Estimated Growth Rate?
In the preceding years, the travel insurance sector has seen robust expansion. It's forecasted to increase from $26.36 billion in 2024 to…
More Releases for Wireless
Wireless Platforms Market Is Expected To Grow At A Rapid Pace Throughout By Prod …
Acumen Research and Consulting has announced the addition of the "Wireless Platforms Market” report to their offering.
The Wireless Platforms Market Report 2018 is an in depth study analyzing the current state of the Wireless Platforms Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Wireless Platforms Market provides analysis of China market covering the industry trends, recent…
Hoomband Wireless-Does Hoomband Wireless Work-Complete Info
Each individual is precise. This is why for the Hoom undertaking we've got studied the panorama of existing sound techniques with a purpose to create the most whole content library possible. Get the Hoomband Wireless these days.
All our content material is distinct and studied mainly for inducing the deepest and quickest sleep feasible. You can be without difficulty over excited through hypnotic documentaries, at the same time as your partner…
4G LTE Wireless Broadband Market is Booming Worldwide| Sierra Wireless, Telit Co …
HTF MI recently introduced Southeast Asia 4G LTE Wireless Broadband study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status. The market Study is segmented by key regions, which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study.
Request Sample of Southeast Asia 4G LTE Wireless Broadband Market Report (2014-2024) -…
Distributed Antenna System Market Study On Growth Factors For 2019-2025: BTI Wir …
The Distributed Antenna System market report is a comprehensive analysis on the study of Distributed Antenna System Industry. This report helps focus on the more important aspects of the market like what the market recent trends are. The base year for calculation in the report is taken as 2017 & 2018 the historic year is 2012 t0 2016 which will tell you how the market is going…
Solid State Battery Market Segment Forecast by Top Competitors like BTI Wireless …
Global Solid State Battery Market, By Type (Thin-Film Batteries, Portable Batteries, Other Batteries), Capacity (Less Than 20 mAh, Between 20 mAh -500 mAh, 500 mAh, Above), Application (Consumer Electronics, Electric Vehicle, Energy Harvesting, Entertainment, Medical Devices, Packaging, Portable Devices, Smart Cards, Wearable Devices, Wireless Communication, Others), Geographical Segments (North America, South America, Europe, Asia-Pacific, Middle East and Africa)- Industry Trends and Forecast to 2025
Download Free Sample PDF Report at https://databridgemarketresearch.com/request-a-sample/?dbmr=global-solid-state-battery-market…
Global Wireless Broadband System Market To 2022: By Type - Fixed Wireless Broadb …
Researchmoz added Most up-to-date research on "Global Wireless Broadband System Market To 2022: By Type - Fixed Wireless Broadband, Mobile Wireless Broadband & Satellite Wireless Broadband" to its huge collection of research reports.
This report studies the global Wireless Broadband System market, analyzes and researches the Wireless Broadband System development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in…
