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Wireless Charging Receiver ICs Market Share Fueled by Smart Device Integration and Voltage Efficiency Trends | Valuates Reports
Wireless Charging Receiver ICs MarketThe global market for Wireless Charging Receiver ICs was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
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The Wireless Charging Receiver ICs Market is gaining robust momentum as wireless charging becomes a standard in smart devices and high-tech accessories. Enhanced convenience, durability, and the global shift toward cable-free design are driving the integration of receiver ICs into a broader range of applications. Manufacturers are focusing on voltage efficiency, miniaturization, and heat reduction, leading to innovation across voltage tiers.
By type, Receiver ICs with less than 10V currently hold the largest market share, primarily driven by their compatibility with compact devices like smartphones, earbuds, and wearables. The 10-24V segment is gaining traction due to increased demand from medium-powered medical and IoT devices, while above 24V receiver ICs are gradually penetrating automotive and industrial-grade use cases where higher power levels are critical.
By application, Smart Phones and Tablets remain the dominant segment in terms of market share, with flagship models from leading OEMs increasingly relying on wireless charging ICs for enhanced user experience. Wearable Electronic Devices, including smartwatches and fitness trackers, represent a rapidly expanding segment due to their small form factor and rising global demand. Medical Devices are emerging as a critical application area, enabling safer, waterproof, and sterilizable power solutions. Meanwhile, Automobile Devices-such as in-cabin infotainment systems and sensors-are showing fast-paced adoption of receiver ICs, especially as EV integration accelerates. The Others category includes applications in consumer electronics, industrial sensors, and home automation devices.
With increasing interoperability standards, faster charging protocols, and rising consumer expectations, the Wireless Charging Receiver ICs Market is expected to capture greater market share across multi-industry verticals.
by Type
• Less than 10V
• 10-24V
• Above 24V
by Application
• Smart Phones and Tablets
• Wearable Electronic Devices
• Medical Devices
• Automobile Devices
• Others
By Company
Texas Instruments, Renesas Electronics, NXP Semiconductors, STMicroelectronics, Analog Devices, Infineon Technologies, Maxim Integrated, ROHM Semiconductor, Allegro MicroSystems, Toshiba, ON Semiconductor
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