Rising demand for wireless charging compatible devices, and product innovation focused on development of fast and reliable wireless chargers has fuelled the growth of the global wireless charger market during past couple of years. With implementation of two major standards for wireless charging namely Qi inductive from Wireless Power Consortium (WPC) and Resonant AirFuel from AirFuel Alliance, the wireless charger manufacturers are constantly engaged in development of improved chargers. The demand for wireless chargers is primarily driven by growing demand for wireless charging compatible smartphones, tablet computers, wearables, smart home devices and IoT devices. The adoption of wireless chargers in automobiles for in-vehicle charging is gaining popularity and is expected to emerge as an important component of automobiles in coming years. The manufacturers of wireless chargers are continuously engaged in the development of efficient products with improved charging throughput and minimal heat dissipation during charging. This is anticipated to bolster adoption of wireless chargers across wide applications demanding high efficiency and low heat dissipation. The global wireless charger market is expected to witness significant growth during the forecast period.
North America contributed a dominating share to the global wireless charger market in 2019 and is anticipated to be a dominating region during the forecast period owing to strong demand fuelled by the adoption of wireless charging compatible devices across different industry verticals. Rising penetration of wireless charging in electronic machine tools and industrial devices such as service robots is expected to bolster the growth of North America wireless charger market. Asia Pacific is expected to be the fastest growing market during the forecast period owing to strong electronic devices manufacturing industry, availability of wireless chargers at affordable prices and increasing adoption across several industry verticals.
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Wireless Charger Market Share Analysis, by Geography (2019)
The report titled “Wireless Charger Market – Global Market Share, Trends, Analysis and Forecasts, 2020-2030” offers market estimates for a period 2018 to 2030, wherein 2018 is historic period, 2019 is the base year, and 2020 to 2030 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global wireless charger market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global wireless charger market is segmented on the basis of technology, industry vertical, and geography. Based on technology, the global wireless charger market is segmented into inductive, resonant, radio frequency, and others. Based on industry vertical, the global wireless charger market is segmented into consumer electronics, healthcare, automotive, aerospace & defense, and others.Based on geography, the global wireless charger market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment, and would identify the segment of the company focusing on wireless chargers. Further, market share of prominent companies in the global wireless charger market would also be estimated. The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the wireless charger companies.
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The global wireless charger market study would take into consideration the participants engaged throughout the ecosystem of the market, along with their contribution. Product portfolio would focus on all the products under the wireless charger business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global wireless charger market.