Global Wireless Charging Market Outlook 2025-2034: Trends, Innovations, And Future Outlook

The Wireless Charging 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 Wireless Charging Market Size and Projected Growth Rate?
The size of the wireless charging market has expanded tremendously in the past few years. The market is projected to increase from $21.2 billion in 2024 to $27.56 billion in 2025, with an annual growth rate (CAGR) of 30.0%. Factors such as an increase in disposable income, a surge in diverse surgical procedures, growing consumer electronics demand, and expanded government initiatives have contributed to the growth in the historical period.

In the coming years, the wireless charging market is projected to experience substantial growth, expanding to a considerable size of $77.66 billion by 2029, with a compound annual growth rate (CAGR) of 29.6%. This impressive growth during the forecast period can be ascribed to the escalating demand for electronic devices, the surging popularity and high sales of electric vehicles (ev), the expansion of various autonomous and commercial vehicles, and increasing urbanization. Key trends to watch out for during the forecast period include advancements in wireless charging, the application of mi air charge wireless charging technology, strategic collaborations and alliances, the prevalent use of intelligent wireless charging boards, and the adoption of automotive in-cabin wireless charging solutions.

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What Are the Major Segments in the Wireless Charging Market?
The wireless charging market covered in this report is segmented -

1) By Components: Transmitters, Receivers
2) By Technology: Inductive Charging, Resonant Charging, Radio Frequency Based Charging, Other Technologies
3) By Transmission Range: Short Range, Medium Range, Long Range
4) By Application: Consumer Electronics, Automotive, Healthcare, Industrial, Defense, Other Applications

Subsegments:
1) By Transmitters: Inductive Transmitters, Resonant Transmitters, Radio Frequency (RF) Transmitters
2) By Receivers: Inductive Receivers, Resonant Receivers, Integrated Circuit (IC) Receivers

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What Are The Driving Wireless Charging Market Evolution?
The growth of the wireless charging market is anticipated to be fuelled by the rising sales of smartphones. These devices come with an embedded computer offering a variety of functionalities like an operating system, internet browsing, and the ability to execute software applications. Wireless charging units provide both convenience and improved longevity to smart device users, making them a favored option among consumers. For example, in December 2023, Demandsage, a US-based automated data reporting platform developer, projected that by 2024, the global number of smartphone users is likely to hit 7.1 billion, accounting for 85% of the world's population. This represents a 4.2% surge from 2022, when the global number of smartphone users was about 6.6 billion. Thus, the escalation in smartphone sales is spurring the expansion of the wireless charging market.

Which Firms Dominate The Wireless Charging Market Segments?
Major companies operating in the wireless charging market include Samsung Electronics Co., Ltd., Qualcomm Incorporated, Texas Instruments Incorporated, Powermat Technologies Ltd., WiTricity Corporation, Energizer Holdings, Inc., Murata Manufacturing Co., Ltd., Sony Corporation, LG Electronics Inc., Apple Inc., Panasonic Corporation, Toshiba Corporation, Philips Electronics, Zens BV, Belkin International, Inc., Anker Innovations Ltd., Fulton Innovation LLC, Mojo Mobility, Inc., Ossia Inc., Chargifi Ltd., Powercast Corporation, AirCharge Ltd., Renesas Electronics Corporation, NXP Semiconductors N.V., Broadcom Inc., MediaTek Inc., Infineon Technologies AG, Huawei Technologies Co., Ltd., Xiaomi Corporation, Dell Technologies

What Trends Are Expected to Dominate the Wireless Charging Market in the Next 5 Years?
Key corporations in the wireless charging sector are centered on offering superior and technologically updated solutions like over-the-air power transmission technology to boost user comfort and effectiveness. The term over-the-air (OTA) power transmission denotes a method of wireless electricity transfer that happens without any physical contact between sender and recipient. An example of this can be found in January 2023, when U.S.-based firm Ossia unveiled its Cota Universal Base at the renowned 2023 CES (Consumer Electronics Show). This groundbreaking creation incorporated Cota Real Wireless Power, which allows devices to charge wirelessly, eliminating the necessity for physical contact or charging pads. The Cota Universal Base is capable of charging numerous devices at the same time using radio frequency (RF) technology to transfer energy within its operating range. This innovation represents a considerable step forward in charging technology, heightening user convenience and facilitating the easy incorporation of wireless power into daily routine. Hence, the launch of this creative charging solution is foreseen to propel substantial growth in the wireless charging market in response to consumer demand for convenient and effective power solution.

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Which Is The Largest Region In The Wireless Charging Market?
North America was the largest region in the wireless charging market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the wireless charging 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 Market?
2. What is the CAGR expected in the Wireless Charging Market?
3. What Are the Key Innovations Transforming the Wireless Charging Industry?
4. Which Region Is Leading the Wireless Charging Market?

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