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2021
U.s. And China Wireless Charging Market

U.S. and China Wireless Charging Market By Technology (Inductive, Resonant, Radio Frequency, and Others) and Industry Vertical (Home Based Products, Automotive, and Others): Opportunity Analysis and Industry Forecast, 2021–2030

A12376
Pages: 150
Jul 2021 | 493 Views
   
Author(s) : Sachin Wankhede , Vijay Poola
Tables: 48
Charts: 42
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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U.S. & China Wireless Charging Market Outlook – 2030 

The U.S. & China wireless charging market size was valued at $4,103.5 million in 2020, and is projected to reach $24,691.4 million by 2030, registering a CAGR of 19.5% from 2021 to 2030. Wireless charging is the transmission of energy from a power source to a consuming device without wires or cables. Wireless charging devices comprise a charging station (or transmitter) that transmits the energy, and a receiver (integrated inside a device) that receives the energy and charges the battery. It is a reliable, convenient, and safe technology to power and charge electronic devices such as smartphones, smartwatch, headphones, toothbrush, hair trimmers and other devices. 

The Home Based Products Segment impacted negatively, due to COVID-19.

In addition, it provides efficient, cost-effective, and safer advantages over the traditional charging systems by eliminating the use of physical connectors and cables. Moreover, it maintains continuous transfer of power to ensure all types of devices (smartphones, smartwatch, electric toothbrush, face massagers, and others) are charged and ready for use.

U.S. & China Wireless Charging Market

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Wireless charging is an emerging technology that provides enhanced durability of electronic devices & electric vehicles (EVs) and ease of charging. Moreover, Internet of Things (IoT) concept in the smart homes system includes portable devices that require continuous charging. The smart devices are continuously connected to the internet for their operation. The regular use of these devices causes excessive draining of battery. These issues can be resolved with the help of wireless charging technology. Growth in IoT technology is gaining popularity and is expected to provide lucrative opportunities during the forecast period.

The new trend of charging the devices wirelessly called drop & charge is developed by the Humavox Company in which charge station is defined as a key, or box and the receiver needs to be pressed on transmitter by an induction charging. Such features prove beneficial to the customer with better product designing, usability, and reliability. The excessive use of internet daily creates a charging problem for many smart phones & devices, which can be resolved by using a fast-wireless RF energy base charger. The rise in demand for efficient charging system is expected to significantly drive the U.S. & China wireless charging market growth.

U.S. and China Wireless Charging Market
By Technology

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Inductive segment will dominate the market throughout the forecast period

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Segment Overview

The U.S. & China wireless charging market is segmented on the basis of technology, industry vertical and country. By technology, the market is divided into inductive, resonant, radio frequency and others. By industry vertical, it is categorized into home based products, automotive and others. By country, the market is studied across U.S. and China.

U.S. and China Wireless Charging Market
By Industry Vertical

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Home Based Product segment would exhibit the highest CAGR of 20.4% during 2021 - 2030

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Competitive Analysis

The key players profiled in the U.S. & China wireless charging industry include Samsung Electronics Co. Ltd., Qualcomm Incorporated, Semtech, Powermat Technologies Ltd., WiTricity Corporation, Energizer Holdings Inc., Murata Manufacturing Co. Ltd., Sony Corporation, Renesas Electronics Corporation, Samsung Electronics Co. Ltd, and Fulton Innovation LLC. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to enhance wireless charging market forecast and penetration.

U.S. and China Wireless Charging Market
By Region

2030
U.s. 
China

U.S. region will generate the highest revenue during 2021 - 2030

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COVID-19 Impact Analysis

The ongoing spread of COVID-19 has become one of the biggest threats to the global economy and is causing widespread concerns and economic hardship for consumers, businesses, and communities across the globe. The “new normal” that includes social distancing and working from home has created challenges with daily activities, regular work, needs, and supplies, causing delayed initiatives and missed opportunities.

The COVID-19 pandemic is impacting the society and overall economy across the globe. The impact of this outbreak is growing day-by-day as well as affecting the supply chain. It is creating uncertainty in the stock market, reducing business confidence, hampering the supply chain, and increasing panic among customers. European countries under lockdown have suffered a major loss of business and revenue due to shutdown of manufacturing units in the region. Operations of production and manufacturing industries have been heavily impacted by the U.S. & China wireless charging market in 2020.

According to the U.S. & China wireless charging market trends, the COVID-19 pandemic has severely impacted the manufacturing and industrial sectors as production facilities have stalled, which, in turn, leads to significant demand in industries. The emergence of COVID-19 has lowered the growth of the U.S. & China wireless charging market in 2020. Nevertheless, the market is estimated to witness significant growth during the forecast period. 

Top Impacting Factors

Notable factors positively affecting the growth of the U.S. & China wireless charging market include increase in sales of electric vehicles and rise in number of portable and wearable electronic devices. Electronic devices such as smartphones, smartwatch, headphones, coffee mug warmer, tooth brush, and others witness high demand. 

Further, increase in penetration of electric vehicles fuels the demand for wireless charging systems. The design of wireless charging system in different shapes and capability to charge multiple devices on a single system drives the growth of the U.S. & China wireless charging market. Furthermore, the development of the wireless charging healthcare devices and smart homes are expected to offer lucrative opportunities for the growth of the wireless charging market in the coming years.

Key Benefits For Stakeholders

  • This study comprises analytical depiction of the U.S. & China wireless charging market size along with the current trends and future estimations to depict imminent investment pockets.
  • The overall U.S. & China wireless charging market analysis is determined to understand the profitable trends to gain a stronger foothold. 
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The present U.S. & China wireless charging market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency. 
  • Porter’s five forces analysis illustrates the potency of the buyers and the U.S. & China wireless charging market share of key vendors.
  • The report includes the market trends and competitive analysis of key vendors operating in the U.S. & China wireless charging market.

U.S. & China Wireless Charging Market Key Segments

By Technology

  • Inductive
  • Resonant
  • Radio Frequency
  • Others

By Industry Vertical

  • Home-based Products
    • Personal Care
    • Home Appliances
    • Personal Healthcare
    • Consumer Electronics
  • Automotive
  • Others

By Country

  • U.S.
  • China

Key Market Players

  • Samsung Electronics Co. Ltd.
  • Qualcomm Incorporated
  • Semtech
  • Powermat Technologies Ltd.
  • WiTricity Corporation
  • Energizer Holdings Inc.
  • Murata Manufacturing Co. Ltd.
  • Sony Corporation
  • Renesas Electronics Corporation
  • Samsung Electronics Co. Ltd
  • Fulton Innovation LLC
 

CHAPTER 1:INTRODUCTION

1.1.REPORT DESCRIPTION
1.2.KEY BENEFITS FOR STAKEHOLDERS
1.3.KEY MARKET SEGMENTS
1.4.RESEARCH METHODOLOGY

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO PERSPECTIVE

CHAPTER 3:MARKET LANDSCAPE

3.1.MARKET DEFINITION AND SCOPE
3.2.KEY FINDINGS

3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.PORTER’S FIVE FORCES ANALYSIS

3.3.1.Moderate-to-high bargaining power of suppliers
3.3.2.Moderate-to-high threat of new entrants
3.3.3.Moderate threat of substitutes
3.3.4.High-to-moderate intensity of rivalry
3.3.5.Moderate bargaining power of buyers

3.4.MARKET DYNAMICS

3.4.1.Drivers

3.4.1.1.Increase in sales of electric vehicles (EVs)
3.4.1.2.Constantly evolving portable electronics and wearables market
3.4.1.3.Necessity to harvest ambient RF energy

3.4.2.Restraint

3.4.2.1.Technology is expensive to integrate and comparatively slower charging

3.4.3.Opportunities

3.4.3.1.Excessive research in far-field wireless charging technologies
3.4.3.2.Trending Internet of Things (IoT)

3.5.COVID-19’S IMPACT

3.5.1.Impact on market size
3.5.2.Application trends, preferences, and budget impact
3.5.3.Key player strategies to tackle negative impact

3.6.PRODUCT LEVEL ANALYSIS

3.6.1.Charging Time & Charging Current Range

3.6.1.1.Existing Products
3.6.1.2.Future Products

3.6.2.Expectation for the shape of Wireless Charger
3.6.3.Expectation for the cost range of Wireless Charger
3.6.4.Expectation for the versatility of a wireless charger

CHAPTER 4:U.S. & CHINA WIRELESS CHARGING MARKET, BY TECHNOLOGY

4.1.OVERVIEW
4.2.INDUCTIVE

4.2.1.Key market trends, growth factors and opportunities
4.2.2.Market size and forecast, by country
4.2.3.Market analysis by country

4.3.RESONANT

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by country
4.3.3.Market analysis by country

4.4.RADIO FREQUENCY

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by country
4.4.3.Market analysis by country

4.5.OTHERS

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by country
4.5.3.Market analysis by country

CHAPTER 5:U.S. & CHINA WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL

5.1.OVERVIEW
5.2.HOME BASED PRODUCTS

5.2.1.Key market trends, growth factors and opportunities
5.2.2.Market size and forecast, by country
5.2.3.Market analysis by country
5.2.4.Personal Care
5.2.5.Home Appliances
5.2.6.Personal Healthcare
5.2.7.Consumer Electronics

5.3.AUTOMOTIVE

5.3.1.Key market trends, growth factors and opportunities
5.3.2.Market size and forecast, by country
5.3.3.Market analysis by country

5.4.OTHERS

5.4.1.Key market trends, growth factors and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis by country

5.5.U.S. & CHINA WIRELESS CHARGING MARKET, BY COUNTRY

5.5.1.Overview

5.6.U.S.

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by technology
5.6.3.Market size and forecast, by industry vertical

5.7.CHINA

5.7.1.Key market trends, growth factors and opportunities
5.7.2.Market size and forecast, by technology
5.7.3.Market size and forecast, by industry vertical

CHAPTER 6:COMPANY PROFILES

6.1.ENERGIZER HOLDINGS, INC.

6.1.1.Company overview
6.1.2.Company snapshot
6.1.3.Operating business segments
6.1.4.Product portfolio
6.1.5.Business performance
6.1.6.Key strategic moves and developments

6.2.FULTON INNOVATION LLC

6.2.1.Company overview
6.2.2.Company snapshot
6.2.3.Operating business segments
6.2.4.Product portfolio
6.2.5.Key strategic moves and developments

6.3.RENESAS ELECTRONICS CORPORATION (INTERATED DEVICE TECHNOLOGY, INC.)

6.3.1.Company overview
6.3.2.Company snapshot
6.3.3.Operating business segments
6.3.4.Product portfolio
6.3.5.Business performance
6.3.6.Key strategic moves and developments

6.4.MURATA MANUFACTURING COMPANY, LTD.

6.4.1.Company overview
6.4.2.Company snapshot
6.4.3.Operating business segments
6.4.4.Product portfolio
6.4.5.Business performance
6.4.6.Key strategic moves and developments

6.5.POWERMAT TECHNOLOGIES LTD.

6.5.1.Company overview
6.5.2.Company snapshot
6.5.3.Operating business segments
6.5.4.Product portfolio
6.5.5.Key strategic moves and developments

6.6.QUALCOMM TECHNOLOGIES, INC

6.6.1.Company overview
6.6.2.Company snapshot
6.6.3.Operating business segments
6.6.4.Product portfolio
6.6.5.Business performance
6.6.6.Key strategic moves and developments

6.7.SAMSUNG ELECTRONICS CO., LTD.

6.7.1.Company overview
6.7.2.Company snapshot
6.7.3.Operating business segments
6.7.4.Product portfolio
6.7.5.Business performance
6.7.6.Key strategic moves and developments

6.8.SONY CORPORATION

6.8.1.Company overview
6.8.2.Company snapshot
6.8.3.Operating business segments
6.8.4.Product portfolio
6.8.5.Business performance
6.8.6.Key strategic moves and developments

6.9.SEMTECH

6.9.1.Company overview
6.9.2.Key executives
6.9.3.Company snapshot
6.9.4.Operating business segments
6.9.5.Product portfolio
6.9.6.R&D expenditure
6.9.7.Business performance
6.9.8.Key strategic moves and developments

6.10.WITRICITY CORPORATION

6.10.1.Company overview
6.10.2.Company snapshot
6.10.3.Operating business segments
6.10.4.Product portfolio
6.10.5.Key strategic moves and developments

LIST OF TABLES

TABLE 01.U.S. & CHINA WIRELESS CHARGING MARKET, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 02.WIRELESS CHARGING MARKET REVENUE FOR INDUCTIVE, BY COUNTRY 2020-2030 ($MILLION)
TABLE 03.WIRELESS CHARGING MARKET REVENUE FOR RESONANT, BY COUNTRY 2020–2030 ($MILLION)
TABLE 04.WIRELESS CHARGING MARKET REVENUE FOR RADIO FREQUENCY, BY REGION 2020–2030 ($MILLION)
TABLE 05.WIRELESS CHARGING MARKET REVENUE FOR OTHERS, BY REGION 2020–2030 ($MILLION)
TABLE 06.U.S. & CHINA WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 07.WIRELESS CHARGING MARKET REVENUE FOR HOME BASED PRODUCTS, BY REGION 2020–2030 ($MILLION)
TABLE 08.U.S. & CHINA  WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL, HOME BASED PRODUCTS, PERSONAL CARE, 2020–2030 ($MILLION)
TABLE 09.U.S. & CHINA  WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL, HOME BASED PRODUCTS, HOME APPLIANCES, 2020–2030 ($MILLION)
TABLE 10.U.S. & CHINA  WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL, HOME BASED PRODUCTS, PERSONAL HEALTHCARE, 2020–2030 ($MILLION)
TABLE 11.U.S. & CHINA  WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL, HOME BASED PRODUCTS, CONSUMER ELECTRONICS, 2020–2030 ($MILLION)
TABLE 12.WIRELESS CHARGING MARKET REVENUE FOR AUTOMOTIVE, BY REGION 2020–2030 ($MILLION)
TABLE 13.WIRELESS CHARGING MARKET REVENUE FOR INDUSTRIAL, BY REGION, 2020–2030 ($MILLION)
TABLE 14.U.S. & CHINA WIRELESS CHARGING MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 15.U.S. WIRELESS CHARGING MARKET, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 16.U.S. WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL, 2020–2030 ($MILLION)
TABLE 17.CHINA WIRELESS CHARGING MARKET, BY TECHNOLOGY 2020–2030 ($MILLION)
TABLE 18.ASIA-PACIFIC WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL 2020–2030 ($MILLION)
TABLE 19.ENERGIZER HOLDINGS: COMPANY SNAPSHOT
TABLE 20.ENERGIZER HOLDINGS: PRODUCT PORTFOLIO
TABLE 21.FULTON INNOVATION: COMPANY SNAPSHOT
TABLE 22.FULTON INNOVATION: SEGMENTS
TABLE 23.FULTON INNOVATION: PRODUCT PORTFOLIO
TABLE 24.RENESAS ELECTRONICS CORPORATION: COMPANY SNAPSHOT
TABLE 25.RENESAS ELECTRONICS CORPORATION: SEGMENTS
TABLE 26.RENESAS ELECTRONICS CORPORATION: PRODUCT PORTFOLIO
TABLE 27.MURATA MANUFACTURING: COMPANY SNAPSHOT
TABLE 28.MURATA MANUFACTURING: OPERATING SEGMENTS
TABLE 29.MURATA MANUFACTURING: PRODUCT PORTFOLIO
TABLE 30.POWERMAT TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 31.POWERMAT TECHNOLOGIES: OPERATING SEGMENTS
TABLE 32.POWERMAT TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 33.QUALCOMM TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 34.QUALCOMM TECHNOLOGIES: OPERATING SEGMENTS
TABLE 35.QUALCOMM TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 36.SAMSUNG ELECTRONICS: COMPANY SNAPSHOT
TABLE 37.SAMSUNG ELECTRONICS: OPERATING SEGMENTS
TABLE 38.SAMSUNG ELECTRONICS: PRODUCT PORTFOLIO
TABLE 39.SONY: COMPANY SNAPSHOT
TABLE 40.SONY CORPORATION: OPERATING SEGMENTS
TABLE 41.SONY CORPORATION: PRODUCT PORTFOLIO
TABLE 42.SEMTECH: KEY EXECUTIVES
TABLE 43.SEMTECH: COMPANY SNAPSHOT
TABLE 44.SEMTECH: OPERATING SEGMENTS
TABLE 45.SEMTECH: PRODUCT PORTFOLIO
TABLE 46.WITRICITY CORPORATION: COMPANY SNAPSHOT
TABLE 47.WITRICITY CORPORATION: OPERATING SEGMENTS
TABLE 48.WITRICITY CORPORATION: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.EXECUTIVE SUMMARY
FIGURE 04.TOP WINNING STRATEGIES, BY YEAR, 2015-2020*
FIGURE 05.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2015-2020*
FIGURE 06.TOP WINNING STRATEGIES, BY COMPANY, 2015-2020*
FIGURE 07.LOW-TO-MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 08.MODERATE THREAT OF NEW ENTRANTS
FIGURE 09.HIGH THREAT OF SUBSTITUTES
FIGURE 10.MODERATE-TO-HIGH INTENSITY OF RIVALRY
FIGURE 11.MODERATE BARGAINING POWER OF BUYERS
FIGURE 12.U.S. & CHINA WIRELESS CHARGING MARKET SHARE, BY TECHNOLOGY, 2020–2030 (%)
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF WIRELESS CHARGING MARKET FOR INDUCTIVE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF WIRELESS CHARGING MARKET FOR RESONANT, BY COUNTRY, 2020 & 2030 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF WIRELESS CHARGING MARKET FOR RADIO FREQUENCY, BY COUNTRY, 2020 & 2030 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF WIRELESS CHARGING MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.U.S. & CHINA WIRELESS CHARGING MARKET SHARE, BY INDUSTRY, 2020–2030 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF WIRELESS CHARGING MARKET FOR ELECTRONICS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF WIRELESS CHARGING MARKET FOR AUTOMOTIVE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF WIRELESS CHARGING MARKET FOR INDUSTRIAL, BY COUNTRY, 2020 & 2030 (%)
FIGURE 21.U.S. WIRELESS CHARGING MARKET, BY REGION, 2020–2030
FIGURE 22.ENERGIZER HOLDINGS: NET SALES, 2017-2019 ($MILLION)
FIGURE 23.ENERGIZER HOLDINGS: REVENUE SHARE BY PRODUCT, 2019 (%)
FIGURE 24.ENERGIZER HOLDINGS: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 25.RENESAS ELECTRONICS CORPORATION: NET SALES, 2017–2019 ($MILLION)
FIGURE 26.RENESAS ELECTRONICS CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 27.RENESAS ELECTRONICS CORPORATION: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 28.MURATA MANUFACTURING: NET SALES, 2018–2020 ($MILLION)
FIGURE 29.MURATA MANUFACTURING: REVENUE SHARE BY PRODUCT, 2020 (%)
FIGURE 30.MURATA MANUFACTURING: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 31.QUALCOMM TECHNOLOGIES: NET SALES, 2018–2020 ($MILLION)
FIGURE 32.QUALCOMM TECHNOLOGIES: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 33.QUALCOMM TECHNOLOGIES: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 34.SAMSUNG ELECTRONICS: NET SALES, 2019–2017 ($MILLION)
FIGURE 35.SAMSUNG ELECTRONICS: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 36.SAMSUNG ELECTRONICS: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 37.SONY CORPORATION: NET SALES, 2017–2019 ($MILLION)
FIGURE 38.SONY CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 39.SONY CORPORATION: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 40.R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 41.SEMTECH: REVENUE, 2018–2020 ($MILLION)
FIGURE 41.SEMTECH: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 42.SEMTECH: REVENUE SHARE BY REGION, 2020 (%)

 
 

The U.S. & China wireless charging market is witnessing significant growth, owing to increase in sales of electric vehicles and electronic products. The wireless charging market is a process of charging the batteries or equipment without any wired connection. Wireless charging is possible through various technologies such as inductive, resonant, radio frequency, and others. The market is very fragmented with the presence of several private players, startups, and others.

The various market dynamics that include rise in demand for reliable, convenient, and safe technology to power and charge electrical devices such as toothbrush, hair trimmer, smartphones, home appliances, EVs, and others drive the growth of the wireless charging market. In addition, market growth is driven by the need for enhanced flexibility in devices in which replacing their batteries or connecting cables for charging is costly, hazardous, or infeasible (e.g., body implanted sensors).

Wireless charging for electric or plug-in hybrid vehicle is expected to experience increase in demand in a short period of time and can reduce present shortcomings of EVs such as short driving range and long charging time. Further, the rise in internet data penetration and increase in dependency on the mobile data for business process as well as personal usage influences the wireless charging market positively.

According to executives of wireless charging technology standardization organization, wireless charging holds a promising potential in changing the chemistry of conventional charging. The executive says, “Inductive wireless charging technology is extensively used in the automotive industry to charge EVs. Inductive technology consumes the largest share of the market, followed by resonant and others. Other technologies market is very niche and is expected to be evident after a couple of years.

Rise in sales of smartphones from different manufacturers, primarily Apple Inc., and other Chinese vendors, that have inbuilt wireless charging system accelerates the development of these systems for the electronics industry.

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A. The U.S. & China Wireless Charging Market is estimated to grow at a CAGR of 19.5% from 2021 to 2030.

A. The U.S. & China Wireless Charging Market is projected to reach $24,691.4 million by 2030.

A. To get the latest version of sample report

A. Constantly evolving portable electronics and wearables etc. boost the U.S. & China Wireless Charging market growth.

A. The key players profiled in the report include Samsung Electronics Co. Ltd., Qualcomm Incorporated, Semtech, Powermat Technologies Ltd., and many more.

A. On the basis of top growing big corporations, we select top 10 players.

A. The U.S. & China Wireless Charging Market is segmented on the basis of technology, industry vertical and country.

A. The key growth strategies of U.S. & China Wireless Charging market players include product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations.

A. Radio Frequency segment would grow at a highest CAGR of 22.4% during the forecast period.

A. Home Based Product segment will dominate the market by the end of 2030.

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