Press release
Wireless Chargers Market Predicted to Expand to US$63.8 Bn by 2032 - Persistence Market Research
Wireless Chargers Market
The global wireless charging market is experiencing unprecedented growth, fueled by the rising adoption of smart devices and demand for convenient, cable-free power solutions. Valued at US$ 14.5 billion in 2025, the market is projected to surge to US$ 63.8 billion by 2032, expanding at a strong CAGR of 23.5%. From smartphones to wearables and electric vehicles (EVs), the growing ecosystem of compatible devices is a major growth enabler.
Among all segments, wireless charging pads lead the market due to their ease of use, cost-effectiveness, and compatibility with various devices. Regionally, North America dominates the global market, accounting for the largest share due to high smartphone penetration, advanced infrastructure, and early adoption of Qi2-enabled wireless charging solutions.
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Key Highlights from the Wireless Charging Market Report
➤ The market is projected to reach US$ 63.8 Bn by 2032, from US$ 14.5 Bn in 2025.
➤ Wireless charging pads account for the largest segment share due to widespread use in smartphones and accessories.
➤ North America is set to grow at a CAGR of 31.4%, leading the regional markets.
➤ Qi2 technology adoption has surpassed 1.5 billion devices globally within a year of launch.
➤ Inductive charging is the fastest-growing segment, witnessing a CAGR of 32%.
➤ The demand for multi-device charging solutions is surging, driven by the growing number of personal electronic gadgets.
Market Segmentation
The wireless charging market is segmented by product type, technology, and end-user applications. Among product types, wireless charging pads dominate due to their simplicity and availability. Meanwhile, charging stands and furniture-integrated chargers are gaining momentum, especially in offices and smart homes. In terms of technology, inductive charging holds a significant share due to its safety and efficiency, followed by resonant and radio frequency (RF) charging, which are emerging in specialized use cases.
From an end-user perspective, consumer electronics is the largest segment, owing to the widespread use of smartphones, tablets, and wearable devices. However, the automotive industry is rapidly catching up, integrating wireless charging systems into electric vehicles (EVs) and in-car charging stations. Similarly, the healthcare sector is exploring wireless power transfer for medical implants and monitoring devices.
Regional Insights
North America is the leading region in the wireless charging market, with advanced consumer electronics usage, technological innovation, and robust retail ecosystems supporting market growth. The widespread integration of Qi2 standard has further boosted the market across the U.S. and Canada.
Asia-Pacific is another high-growth region, primarily driven by China, Japan, and South Korea. The presence of leading smartphone manufacturers, increasing R&D activities, and expanding 5G infrastructure are helping shape the future of the regional market.
Market Drivers
The biggest driver for the wireless charging market is the convenience of cord-free charging, especially with devices increasingly supporting Qi and Qi2 standards. With 1.5 billion Qi2-compatible devices already in circulation, manufacturers are responding by launching innovative products like multi-device charging pads. The automotive industry's shift toward EV wireless charging systems further accelerates demand.
Market Restraints
Despite promising growth, the market faces certain constraints. High initial costs, slower charging speeds compared to wired alternatives, and limited range of some wireless technologies are common concerns among consumers. Moreover, device compatibility issues and power inefficiencies in some models restrict mass adoption, particularly in emerging economies.
Market Opportunities
There are substantial opportunities for innovation in long-range and fast-charging wireless technologies. Startups and established players are investing in resonant and RF-based systems, aiming to eliminate distance limitations. The expansion of smart homes, IoT devices, and electric vehicles creates room for wireless charging ecosystems that support integrated, seamless user experiences.
Frequently Asked Questions (FAQs)
➤ How Big is the Wireless Charging Market?
➤ Who are the Key Players in the Global Wireless Charging Market?
➤ What is the Projected Growth Rate of the Wireless Charging Market?
➤ What is the Market Forecast for Wireless Charging by 2032?
➤ Which Region is Estimated to Dominate the Wireless Charging Industry through the Forecast Period?
Company Insights
Key players operating in the wireless charging market include:
✦ Belkin
✦ Apple Inc.
✦ Anker Innovations
✦ Otter Products, LLC
✦ Nomad
✦ Powermat Technologies
✦ Energizer Holdings
✦ Samsung Electronics
✦ Sony Corporation
✦ Xiaomi Corporation
■ In January 2025, Qi2 technology reached over 1.5 billion devices globally, driving demand for faster and more efficient wireless charging.
■ Belkin introduced a next-gen 3-in-1 wireless charging pad supporting iPhone, Apple Watch, and AirPods with magnetic alignment and rapid charge capabilities.
Conclusion
The wireless charging market is at a transformative juncture, fueled by rapid tech advancements and surging consumer expectations for convenience and flexibility. With strong momentum in North America and Asia-Pacific, and growing applications across industries, the market is set for exponential growth. Despite some challenges, opportunities abound for players that can innovate in efficiency, range, and cross-device compatibility. As we approach 2032, wireless charging will move from novelty to necessity, reshaping the way power is delivered to our everyday devices.
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About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.
Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.
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