Press release
Wireless Charging: A Leading Driver Behind Surge In Smartphone Sales Fuels Growth Of The Wireless Charging Market Market Expansion in 2025
Wireless Charging
What Is the Expected CAGR for the Wireless Charging Market Through 2025?
The market size for wireless charging has seen a notable surge in the past few years. The market which was worth $21.2 billion in 2024, is projected to increase to $27.56 billion in 2025, showcasing a compound annual growth rate (CAGR) of 30.0%. The driving factors for this growth during the historical period include an increase in disposable income, a surge in the count of various surgical operations, a growing demand for consumer electronics, and the rise of government initiatives.
What's the Projected Size of the Global Wireless Charging Market by 2029?
In the coming years, it is anticipated that the wireless charging market will experience a significant surge, growing to $77.66 billion by 2029 with a compound annual growth rate (CAGR) of 29.6%. This upswing during the forecast period may be credited to an increasing demand for electronic devices, escalating popularity and robust sales of electric vehicles (ev), expansion of a wide spectrum of autonomous and commercial automobiles, and intensifying urbanization. During the forecast period, important trends to note include advancements in wireless charging, deployment of mi air charge wireless charging technology, strategic collaborations and partnerships, adoption of the smart wireless charging board, and the emergence of automotive in-cabin wireless charging solutions.
View the full report here:
https://www.thebusinessresearchcompany.com/report/wireless-charging-global-market-report
Top Growth Drivers in the Wireless Charging Industry: What's Accelerating the Market?
The wireless charging market is predicted to expand due to the growing sales of smartphones. The multiple features provided by these devices, such as an inbuilt computer, operating system, and the ability to operate software programs, make them increasingly popular. Wireless chargers add to this appeal by providing user convenience and improved durability. As per the data from Demandsage, a U.S.-based automated data reporting platform, the number of smartphone users by 2024 is projected to hit 7.1 billion, representing 85% of the global population. This indicates a 4.2% hike from 2022, which saw around 6.6 billion global smartphone users. Therefore, the rising sales of smartphones are fueling the expansion of the wireless charging market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7074&type=smp
What Trends Will Shape the Wireless Charging Market Through 2029 and Beyond?
Top firms active in the wireless charging market are prioritizing the provision of high-tech solutions, such as over-the-air power transmission technology, to elevate user comfort and effectiveness. Over-the-air (OTA) power transmission technology implies a wireless power transmission mode that facilitates electric flow without direct physical contact between the sourcing and receiving ends. As an illustration, Ossia, a wireless power technology corporation from the US, unveiled its Cota Universal Base at the 2023 CES (Consumer Electronics Show) in January 2023. This revolutionary development incorporates Cota Real Wireless Power, which lets gadgets charge wirelessly, eradicating the necessity for direct physical connections or charging matrices. The Cota Universal Base can power up numerous devices at once, making use of radio frequency (RF) technology to relay energy to devices within its proximity. This progress indicates a substantial stride ahead in charging technology, bolstering user comfort and facilitating the smooth merger of wireless power in daily life. Thus, the rollout of this pioneering charging solution is anticipated to catalyze substantial growth in the wireless charging market, as customers are progressively in pursuit of convenient and efficient power solutions.
What Are the Main 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
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=7074&type=smp
Which Top Companies are Driving Growth in the Wireless Charging Market?
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
Which Regions Will Dominate the Wireless Charging Market Through 2029?
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.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7074
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
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 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 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: A Leading Driver Behind Surge In Smartphone Sales Fuels Growth Of The Wireless Charging Market Market Expansion in 2025 here
News-ID: 4109089 • Views: …
More Releases from The Business Research Company
Driving Cookie And Cracker Market Growth in 2025: The Role of Rising Demand For …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Cookie And Cracker Industry Market Size Be by 2025?
The size of the cookie and cracker market has been expanding consistently in the past few years. It is projected to surge from $104 billion in 2024 to $108.65 billion in 2025, exhibiting a compound annual growth…
Consumer Goods And General Rental Centers Market Growth Accelerates: Strategic F …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Consumer Goods And General Rental Centers Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for consumer goods and general rental centers has seen substantial growth in recent times. The market is projected to rise from $177.54 billion in 2024 to $193.29 billion…
2025 4G Services Market Outlook: Key Indicators Shaping Growth Through 2034
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the 4G Services Market Through 2025?
The market size for 4G services has witnessed a sharp decrease in the recent past. The sector is projected to dip from $525.68 billion in 2024 to $496.64 billion in 2025, corresponding to a compound annual growth…
Emerging Trends to Reshape the Construction And Demolition Waste Management Mark …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Construction And Demolition Waste Management Market Size By 2025?
In recent years, the market size for managing construction and demolition waste has seen significant growth. The sector is projected to expand from $204.48 billion in 2024 to $217.91 billion in 2025, displaying a compound annual…
More Releases for Charging
What is dynamic mode of EV Charging? Dynamic EV Charging vs Traditional EV Charg …
A dynamic charging system is a technology that allows electric vehicles to charge while in motion. This system typically involves embedding charging infrastructure into the road surface, which enables the vehicle to charge its battery as it travels along the road. This can potentially extend the range and operational capabilities of electric vehicles, as they can receive continuous power while on the move. Dynamic charging systems have the potential to…
Electric Vehicle Charging Station Finder Apps Market EV Charging Convenience, Fo …
The Electric Vehicle Charging Station Finder Apps Market research report represents major insights on the current growth dynamics as well as the primary revenue generation elements that are available in the Electric Vehicle Charging Station Finder Apps industry along with various other factors over the predicted period 2024-2030. The report on the Electric Vehicle Charging Station Finder Apps market is focusing on a series of parameters including top manufacturing strategies,…
Electric Vehicle Charging Station Market : Mode of charging and Charging level, …
According to a new report published by Allied Market Research, titled, "Electric Vehicle Charging Station Market," The electric vehicle charging station market was valued at $16.6 billion in 2021, and is estimated to reach $226.3 billion by 2031, growing at a CAGR of 30.5% from 2022 to 2031.
Asia-Pacific is expected to dominate the global market during the forecast period. An increase in electric vehicle population and a rise in vehicle…
Electric Vehicle Charging Station Market : Mode of Charging, Charging level, End …
According to a new report published by Allied Market Research, titled, "Electric Vehicle Charging Station Market," The electric vehicle charging station market was valued at $16.6 billion in 2021, and is estimated to reach $226.3 billion by 2031, growing at a CAGR of 30.5% from 2022 to 2031.
Asia-Pacific is expected to dominate the global market during the forecast period. An increase in electric vehicle population and a rise in vehicle…
How Are Wireless Charging Systems Impacting Electric Bus Charging Stations?
The U.S. government is incorporating a large number of electric buses in its transportation system, on account of increasing environmental concerns. For example, transit operators in Los Angeles and Seattle are committed toward replacing their conventional diesel buses with electric buses. These buses are used for public transport, transit services, and military application. Most of the decisions regarding the purchase of electric buses are taken by the federal or state…
Electric Bus Charging Infrastructure Market Forecast to 2028 - COVID-19 Impact a …
In every region, electrification appears as a clear alternative to increase urban growth and to care for the city environment simultaneously, using electric buses. With the right charging technology, the advantages of electric buses can be used, such as the use of renewable energy, less energy consumption, less noise, lower particle emissions, reliable service, and others. The severe emission standards across the globe are expected to drive more electric bus…
