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Wireless Charging Market By Technology (Inductive, Resonant, Radio Frequency, and Others)and Industry Vertical (Electronics, Automotive, Industrial, Healthcare, and Aerospace & Defense): Global Opportunity Analysis and Industry Forecast, 2020-2027

A01450
Pages: 226
Apr 2020 | 28438 Views
 
Author(s) : Asavari Patil
Tables: 84
Charts: 72
 

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Wireless Charging Market Outlook – 2027

The global wireless charging market size was valued at $6,514.2 million in 2018 and is projected to reach $49,304.1 million by 2027, growing at a CAGR of 23.4% from 2020 to 2027. Wireless charging is the transmission of energy from a power source to a consuming device without wires or cables. These 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.

Wireless Charging Market

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Wireless charging is a reliable, convenient, and safe technology to power and charge electrical devices. 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 (handheld industrial devices, smartphones, heavy-duty equipment, and others) are charged and readily available for use.
 
The new trend of charging the devices wirelessly called drop & charge is developed by the Humavox Company in which the 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 creates a charging problem for many smart phones & devices, which can be resolved by using a fast-wireless RF energy base charger. The growth in demand for efficient charging system is expected to significantly drive the growth of the wireless charging market.

Many wireless charging appliances use induction type of technology that consist of two primary induction coils, one at the charging base, which further deals with producing an alternating current from the base, and the other at the portable device. These coils are in the form of a pad that are clipped to the smartphones. This can be in a form of built-in charging coil that gets connected to the charging socket that together make up an electrical transformer. This uses the magnetic coupling phenomenon that is converted into electrical current by the transmitter & receiver coil respectively for the proper working of the inductive power transfer.

Mostly wireless power transfer is used in electronic devices such as smartphones, laptops, wearable electronics, and portable devices. Such rise in adoption of efficient charging system for portable electronics and wearable devices, which can increase the durability of the device is projected to ensure significant growth of the electronics wireless charging industry. In addition, IoT is gaining popularity and is considered as the third wave of technology. 

Moreover, wireless charging is the primary requirement of portable electronics product targeted by IoT such as smartphones, digital camera & camcorders, laptops & tablets, wearable electronics, and household electronics. Therefore, the increase in popularity of the IoT market is expected to provide an opportunity for the market growth.

Increase in sales of electric vehicles (EVs), constantly evolving portable electronics and wearables market, and frequent need of harvesting ambient RF energy are expected to drive the growth of the wireless charging market during the forecast period. However, expensive technology for its integration and slower charging as compared to other charging technologies are the factors anticipated to hamper the growth of the market. Moreover, excessive research in far-field wireless charging technologies, and increase in adoption of Internet of Things (IoT) are expected to offer lucrative opportunities for the growth of the market in future.

Wireless Charging Market By Technology

The global wireless charging market is segmented on the basis of technology, industry vertical, and region. By technology, it is fragmented into inductive, resonant, radio frequency, and other segments. Theinductive wireless charging segment dominated the wireless charging market in terms of revenue in 2018 and is expected to follow the same trend during the forecast period. 

Wireless Charging Market
By Technology

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Inductive segment holds a dominant position in 2018 and would maintain the lead during the forecast period

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Wireless Charging Market By Industry Vertical

By industry vertical, the market is segregated into electronics, automotive, industrial, healthcare, and aerospace & defense. The electronics wireless charging segment accounted forthe highest market share in 2018, whereas the healthcare wireless charging segment is expected to grow at the highest CAGR from 2020 to 2027.   

Wireless Charging Market
By Industry Vertical

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Electronics segment is expected to secure the leading position during the forecast period

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Wireless Charging Market By Geography

By region, the global wireless charging market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, Italy, France, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Taiwan and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

Wireless Charging Market
By Geography

2027
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific region would exhibit the highest CAGR of 25.3% during 2020 - 2027

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North America accounted for the highest share, owing to the expansion of the electronics market and rise in sales of EVs. Europe was the second largest contributor in terms of revenue and is expected to witness significant growth during the forecast period, owing to the rise in the demand for fuel-efficient and durable charging system for electronic products such as power tools and portable gadgets.

Top Impacting Factors

The most prominent factors that drive the wireless charging market growth are increase in sales of electric vehicles (EVs), constantly evolving portable electronics and wearables market, and necessity to harvest ambient RF energy. However, technology is expensive to integrate. Further, comparatively slower charging restricts the market growth. These factors have definite impact on the growth of the market. The impact of these factors is expected to decrease by 2027 due to advancements in technology. Each of these factors is anticipated to have a definite impact on the wireless charging market during the forecast period.

Competitive Analysis

The key players profiled in thewireless charging market report include Samsung Electronics Co. Ltd., Qualcomm Incorporated, Texas Instruments Inc., Integrated Device Technology Inc., Powermat Technologies Ltd., WiTricity Corporation, Energizer Holdings Inc., Murata Manufacturing Co. Ltd., Sony Corporation, and Fulton Innovation LLC. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to enhance their market penetration. 

Key Benefits For Stakeholders:

  • This study comprises analytical depiction of the global wireless charging market size along with the current trends and future estimations to depict the imminent investment pockets.

  • The overall 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 current wireless charging market forecast is quantitatively analyzed from 2018 to 2027 to benchmark the financial competency.

  • Porter’s five forces analysis illustrates the potency of the buyers and the wireless charging market share of key vendors.

  • The report includes the market trends and the market share of key vendors.

Wireless Charging Market Key Segments:

By Technology

  • Inductive
  • Resonant
  • Radio Frequency
  • Others

By Industry Vertical

  • Electronics
  • Automotive
  • Industrial
  • Healthcare
  • Aerospace & Defense

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • Italy    
    • France
    • Rest of Europe
  • Asia-Pacific
    • China 
    • India
    • Japan
    • South Korea
    • Taiwan
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East 
    • Africa

Key Market Players:

  • Samsung Electronics Co., Ltd.
  • Qualcomm Incorporated
  • Texas Instruments, Inc.
  • Integrated Device Technology, Inc.
  • Powermat Technologies Ltd.
  • WiTricity Corporation
  • Energizer Holdings, Inc.
  • Murata Manufacturing Co. Ltd.
  • Sony Corporation
  • 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 OVERVIEW 

3.1. Market definition and scope 
3.2. Technology roadmap 
3.3. Key findings 

3.3.1. Top impacting factors 
3.3.2. Top investment pockets 
3.3.3. Top winning strategies 

3.4. Porter’s five forces analysis 

3.4.1. Moderate-to-high bargaining power of suppliers 
3.4.2. Moderate-to-high threat of new entrants 
3.4.3. Moderate threat of substitutes 
3.4.4. High-to-moderate intensity of rivalry 
3.4.5. Moderate bargaining power of buyers 

3.5. Key player positioning, 2018 
3.6. Value chain analysis 

3.6.1. Raw material suppliers 
3.6.2. Design and engineering 
3.6.3. Manufacturing 
3.6.4. Sales & distribution 
3.6.5. End Users 

3.7. Product launches   
3.8. Market dynamics 

3.8.1. Drivers 

3.8.1.1. Increase in sales of electric vehicles (EVs) 
3.8.1.2. Constantly evolving portable electronics and wearables market
3.8.1.3. Necessity to harvest ambient RF energy 

3.8.2. Restraint 

3.8.2.1. Technology is expensive to integrate and comparatively slower charging 

3.8.3. Opportunities 

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

CHAPTER 4: 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 region 
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 region 
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 region 
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 region 
4.5.3. Market analysis by country 

CHAPTER 5: WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL 

5.1. Overview 
5.2. Electronics 

5.2.1. Key market trends, growth factors and opportunities 
5.2.2. Market size and forecast, by region  
5.2.3. Market analysis by country 

5.3. Automotive 

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

5.4. Industrial

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. Healthcare 

5.5.1. Key market trends, growth factors and opportunities 
5.5.2. Market size and forecast, by region 
5.5.3. Market analysis by country 

5.6. Aerospace & defense 

5.6.1. Key market trends, growth factors and opportunities 
5.6.2. Market size and forecast, by region 
5.6.3. Market analysis by country 

CHAPTER 6: WIRELESS CHARGING MARKET, BY REGION 

6.1. Overview 
6.2. North America 

6.2.1. Key market trends, growth factors, and opportunities 
6.2.2. Market size and forecast, by technology 
6.2.3. Market size and forecast, by industry vertical 
6.2.4. Market analysis by country 

6.2.4.1. U.S. 

6.2.4.1.1. Market size and forecast, by Technology 
6.2.4.1.2. Market size and forecast, by Industry Vertical 

6.2.4.2. Canada 

6.2.4.2.1. Market size and forecast, by Technology 
6.2.4.2.2. Market size and forecast, by Industry Vertical 

6.2.4.3. Mexico 

6.2.4.3.1. Market size and forecast, by Technology 
6.2.4.3.2. Market size and forecast, by Industry Vertical 

6.3. Europe 

6.3.1. Key market trends, growth factors, and opportunities 
6.3.2. Market size and forecast, by Technology 
6.3.3. Market size and forecast, by Industry Vertical 
6.3.4. Market analysis by country 

6.3.4.1. UK 

6.3.4.1.1. Market size and forecast, by Technology 
6.3.4.1.2. Market size and forecast, by Industry Vertical 

6.3.4.2. Germany 

6.3.4.2.1. Market size and forecast, by Technology 
6.3.4.2.2. Market size and forecast, by Industry Vertical 

6.3.4.3. France 

6.3.4.3.1. Market size and forecast, by Technology 
6.3.4.3.2. Market size and forecast, by Industry Vertical 

6.3.4.4. Italy 

6.3.4.4.1. Market size and forecast, by Technology 
6.3.4.4.2. Market size and forecast, by Industry Vertical 

6.3.4.5. Rest of Europe

6.3.4.5.1. Market size and forecast, by Technology 
6.3.4.5.2. Market size and forecast, by Industry Vertical 

6.4. Asia-Pacific 

6.4.1. Key market trends, growth factors and opportunities 
6.4.2. Market size and forecast, by Technology 
6.4.3. Market size and forecast, by Industry Vertical 
6.4.4. Market analysis by country 

6.4.4.1. China 

6.4.4.1.1. Market size and forecast, by Technology 
6.4.4.1.2. Market size and forecast, by Industry Vertical 

6.4.4.2. India 

6.4.4.2.1. Market size and forecast, by Technology 
6.4.4.2.2. Market size and forecast, by Industry Vertical 

6.4.4.3. Japan 

6.4.4.3.1. Market size and forecast, by Technology 
6.4.4.3.2. Market size and forecast, by Industry Vertical 

6.4.4.4. South Korea 

6.4.4.4.1. Market size and forecast, by Technology 
6.4.4.4.2. Market size and forecast, by Industry Vertical 

6.4.4.5. Taiwan 

6.4.4.5.1. Market size and forecast, by Technology 
6.4.4.5.2. Market size and forecast, by Industry Vertical 

6.4.4.6. Rest of Asia-Pacific 

6.4.4.6.1. Market size and forecast, by Technology 
6.4.4.6.2. Market size and forecast, by Industry Vertical 

6.5. LAMEA 

6.5.1. Key market trends, growth factors and opportunities 
6.5.2. Market size and forecast, by Technology 
6.5.3. Market size and forecast, by Industry Vertical 
6.5.4. Market analysis by country 

6.5.4.1. Latin America 

6.5.4.1.1. Market size and forecast, by Technology 
6.5.4.1.2. Market size and forecast, by Industry Vertical 

6.5.4.2. Middle East 

6.5.4.2.1. Market size and forecast, by Technology 
6.5.4.2.2. Market size and forecast, by Industry Vertical 

6.5.4.3. Africa 

6.5.4.3.1. Market size and forecast, by Technology 
6.5.4.3.2. Market size and forecast, by Industry Vertical 

CHAPTER 7: COMPANY PROFILES 

7.1. ENERGIZER HOLDINGS, INC. 

7.1.1. Company overview 
7.1.2. Company snapshot 
7.1.3. Operating business segments 
7.1.4. Product portfolio 
7.1.5. Business performance
7.1.6. Key strategic moves and developments 

7.2. FULTON INNOVATION LLC 

7.2.1. Company overview 
7.2.2. Company snapshot 
7.2.3. Operating business segments 
7.2.4. Product portfolio 
7.2.5. Key strategic moves and developments 

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

7.3.1. Company overview 
7.3.2. Company snapshot 
7.3.3. Operating business segments 
7.3.4. Product portfolio 
7.3.5. Business performance
7.3.6. Key strategic moves and developments 

7.4. MURATA MANUFACTURING COMPANY, LTD. 

7.4.1. Company overview 
7.4.2. Company snapshot 
7.4.3. Operating business segments 
7.4.4. Product portfolio 
7.4.5. Business performance
7.4.6. Key strategic moves and developments 

7.5. POWERMAT TECHNOLOGIES LTD. 

7.5.1. Company overview 
7.5.2. Company snapshot 
7.5.3. Operating business segments 
7.5.4. Product portfolio 
7.5.5. Key strategic moves and developments 

7.6. QUALCOMM TECHNOLOGIES, INC 

7.6.1. Company overview 
7.6.2. Company snapshot 
7.6.3. Operating business segments 
7.6.4. Product portfolio 
7.6.5. Business performance
7.6.6. Key strategic moves and developments 

7.7. SAMSUNG ELECTRONICS CO., LTD. 

7.7.1. Company overview 
7.7.2. Company snapshot 
7.7.3. Operating business segments 
7.7.4. Product portfolio 
7.7.5. Business performance 
7.7.6. Key strategic moves and developments 

7.8. SONY CORPORATION 

7.8.1. Company overview 
7.8.2. Company snapshot 
7.8.3. Operating business segments 
7.8.4. Product portfolio 
7.8.5. Business performance
7.8.6. Key strategic moves and developments 

7.9. TEXAS INSTRUMENTS INC. 

7.9.1. Company overview 
7.9.2. Company snapshot 
7.9.3. Operating business segments 
7.9.4. Product portfolio 
7.9.5. Business performance
7.9.6. Key strategic moves and developments 

7.10. WITRICITY CORPORATION 

7.10.1. Company overview 
7.10.2. Company snapshot 
7.10.3. Operating business segments 
7.10.4. Product portfolio 
7.10.5. Key strategic moves and developments 

LIST OF TABLES 

TABLE 01. NEW PRODUCT LAUNCHES 
TABLE 02. GLOBAL WIRELESS CHARGING MARKET, BY TECHNOLOGY, 2018-2027($MILLION) 
TABLE 03. WIRELESS CHARGING MARKET REVENUE FOR INDUCTIVE, BY REGION 2018-2027 ($MILLION) 
TABLE 04. WIRELESS CHARGING MARKET REVENUE FOR RESONANT, BY REGION 2018-2027 ($MILLION) 
TABLE 05. WIRELESS CHARGING MARKET REVENUE FOR RADIO FREQUENCY, BY REGION 2018–2027 ($MILLION)
TABLE 06. WIRELESS CHARGING MARKET REVENUE FOR OTHERS, BY REGION 2018–2027 ($MILLION) 
TABLE 07. GLOBAL WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL, 2018–2027 ($MILLION) 
TABLE 08. WIRELESS CHARGING MARKET REVENUE FOR ELECTRONICS, BY REGION 2018–2027 ($MILLION)
TABLE 09. WIRELESS CHARGING MARKET REVENUE FOR AUTOMOTIVE, BY REGION 2018-2027 ($MILLION) 
TABLE 10. WIRELESS CHARGING MARKET REVENUE FOR INDUSTRIAL, BY REGION, 2018–2027 ($MILLION) 
TABLE 11. WIRELESS CHARGING MARKET REVENUE FOR HEALTHCARE, BY REGION, 2018–2027 ($MILLION) 
TABLE 12. WIRELESS CHARGING MARKET REVENUE FOR AEROSPACE & DEFENSE, BY REGION, 2018–2027 ($MILLION)
TABLE 13. GLOBAL WIRELESS CHARGING MARKET, BY REGION, 2018–2027 ($MILLION) 
TABLE 14. NORTH AMERICA WIRELESS CHARGING MARKET, BY TECHNOLOGY, 2018–2027 ($MILLION) 
TABLE 15. NORTH AMERICA WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL, 2018–2027 ($MILLION) 
TABLE 16. U.S. WIRELESS CHARGING MARKET, BY TECHNOLOGY, 2018–2027 ($MILLION) 
TABLE 17. U.S. WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL, 2018–2027 ($MILLION) 
TABLE 18. CANADA WIRELESS CHARGING MARKET, BY TECHNOLOGY, 2018–2027 ($MILLION) 
TABLE 19. CANADA WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL, 2018–2027 ($MILLION) 
TABLE 20. MEXICO WIRELESS CHARGING MARKET, BY TECHNOLOGY, 2018–2027 ($MILLION) 
TABLE 21. MEXICO WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL, 2018–2027 ($MILLION) 
TABLE 22. EUROPE WIRELESS CHARGING MARKET, BY TECHNOLOGY, 2018–2027 ($MILLION) 
TABLE 23. EUROPE WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL, 2018–2027 ($MILLION) 
TABLE 24. UK WIRELESS CHARGING MARKET, BY TECHNOLOGY, 2018–2027 ($MILLION) 
TABLE 25. UK WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL, 2018–2027 ($MILLION) 
TABLE 26. GERMANY WIRELESS CHARGING MARKET, BY TECHNOLOGY, 2018–2027 ($MILLION) 
TABLE 27. GERMANY WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL, 2018-2027 ($MILLION) 
TABLE 28. FRANCE WIRELESS CHARGING MARKET, BY TECHNOLOGY, 2018–2027 ($MILLION) 
TABLE 29. FRANCE WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL, 2018–2027 ($MILLION)
TABLE 30. ITALY WIRELESS CHARGING MARKET, BY TECHNOLOGY, 2018–2027 ($MILLION)
TABLE 31. ITALY ELECTRIC VEHICLE MARKET, BY INDUSTRY VERTICAL, 2018–2027 ($MILLION) 
TABLE 32. REST OF EUROPE WIRELESS CHARGING MARKET, BY TECHNOLOGY, 2018–2027 ($MILLION) 
TABLE 33. REST OF EUROPE WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL, 2018–2027 ($MILLION) 
TABLE 34. ASIA-PACIFIC WIRELESS CHARGING MARKET, BY TECHNOLOGY 2018-2027 ($MILLION) 
TABLE 35. ASIA-PACIFIC WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL 2018–2027 ($MILLION) 
TABLE 36. CHINA WIRELESS CHARGING MARKET, BY TECHNOLOGY 2018–2027 ($MILLION) 
TABLE 37. CHINA WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL 2018–2027 ($MILLION) 
TABLE 38. INDIA WIRELESS CHARGING MARKET, BY TECHNOLOGY 2018–2027 ($MILLION) 
TABLE 39. INDIA WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL 2018–2027 ($MILLION) 
TABLE 40. JAPAN WIRELESS CHARGING MARKET, BY TECHNOLOGY 2018–2027 ($MILLION) 
TABLE 41. JAPAN WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL 2018-2027 ($MILLION) 
TABLE 42. SOUTH KOREA WIRELESS CHARGING MARKET, BY TECHNOLOGY 2018–2027 ($MILLION) 
TABLE 43. SOUTH KOREA WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL 2018–2027 ($MILLION) 
TABLE 44. TAIWAN WIRELESS CHARGING MARKET, BY TECHNOLOGY 2018–2027 ($MILLION) 
TABLE 45. TAIWAN WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL 2018–2027 ($MILLION) 
TABLE 46. REST OF ASIA-PACIFIC WIRELESS CHARGING MARKET, BY TECHNOLOGY 2018–2027 ($MILLION) 
TABLE 47. REST OF ASIA-PACIFIC WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL 2018-2027 ($MILLION)
TABLE 48. LAMEA WIRELESS CHARGING MARKET, BY TECHNOLOGY 2018–2027 ($MILLION) 
TABLE 49. LAMEA WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL 2018–2027 ($MILLION) 
TABLE 50. LATIN AMERICA WIRELESS CHARGING MARKET, BY TECHNOLOGY 2018-2027 ($MILLION) 
TABLE 51. LATIN AMERICA WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL 2018–2027 ($MILLION) 
TABLE 52. MIDDLE EAST WIRELESS CHARGING MARKET, BY TECHNOLOGY 2018–2027 ($MILLION) 
TABLE 53. MIDDLE EAST WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL 2018-2027 ($MILLION) 
TABLE 54. AFRICA WIRELESS CHARGING MARKET, BY TECHNOLOGY 2018-2027 ($MILLION) 
TABLE 55. AFRICA WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL 2018-2027 ($MILLION) 
TABLE 56. ENERGIZER HOLDINGS: COMPANY SNAPSHOT 
TABLE 57. ENERGIZER HOLDINGS: PRODUCT PORTFOLIO 
TABLE 58. FULTON INNOVATION: COMPANY SNAPSHOT 
TABLE 59. FULTON INNOVATION: SEGMENTS 2 
TABLE 60. FULTON INNOVATION: PRODUCT PORTFOLIO 
TABLE 61. RENESAS ELECTRONICS CORPORATION: COMPANY SNAPSHOT 
TABLE 62. RENESAS ELECTRONICS CORPORATION: SEGMENTS 
TABLE 63. RENESAS ELECTRONICS CORPORATION: PRODUCT PORTFOLIO 
TABLE 64. MURATA MANUFACTURING: COMPANY SNAPSHOT 
TABLE 65. MURATA MANUFACTURING: OPERATING SEGMENTS 
TABLE 66. MURATA MANUFACTURING: PRODUCT PORTFOLIO 
TABLE 67. POWERMAT TECHNOLOGIES: COMPANY SNAPSHOT 
TABLE 68. POWERMAT TECHNOLOGIES: OPERATING SEGMENTS 
TABLE 69. POWERMAT TECHNOLOGIES: PRODUCT PORTFOLIO 
TABLE 70. QUALCOMM TECHNOLOGIES: COMPANY SNAPSHOT 
TABLE 71. QUALCOMM TECHNOLOGIES: OPERATING SEGMENTS 
TABLE 72. QUALCOMM TECHNOLOGIES: PRODUCT PORTFOLIO 
TABLE 73. SAMSUNG ELECTRONICS: COMPANY SNAPSHOT 
TABLE 74. SAMSUNG ELECTRONICS: OPERATING SEGMENTS 
TABLE 75. SAMSUNG ELECTRONICS: PRODUCT PORTFOLIO 
TABLE 76. SONY: COMPANY SNAPSHOT 
TABLE 77. SONY CORPORATION: OPERATING SEGMENTS 
TABLE 78. SONY CORPORATION: PRODUCT PORTFOLIO 
TABLE 79. TEXAS INSTRUMENTS: COMPANY SNAPSHOT 
TABLE 80. TEXAS INSTRUMENTS: OPERATING SEGMENTS 
TABLE 81. TEXAS INSTRUMENTS: PRODUCT PORTFOLIO 
TABLE 82. WITRICITY CORPORATION: COMPANY SNAPSHOT 
TABLE 83. WITRICITY CORPORATION: OPERATING SEGMENTS 
TABLE 84. WITRICITY CORPORATION: PRODUCT PORTFOLIO 

LIST OF FIGURES 

FIGURE 01. KEY MARKET SEGMENTS 
FIGURE 02. EXECUTIVE SUMMARY 
FIGURE 03. EXECUTIVE SUMMARY 
FIGURE 04. TOP IMPACTING FACTORS 
FIGURE 05. TOP INVESTMENT POCKETS 
FIGURE 06. TOP WINNING STRATEGIES, BY YEAR, 2015-2020* 
FIGURE 07. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2015-2020* 
FIGURE 08. TOP WINNING STRATEGIES, BY COMPANY, 2015-2020* 
FIGURE 09. LOW-TO-MODERATE BARGAINING POWER OF SUPPLIERS 
FIGURE 10. MODERATE THREAT OF NEW ENTRANTS 
FIGURE 11. HIGH THREAT OF SUBSTITUTES  
FIGURE 12. MODERATE-TO-HIGH INTENSITY OF RIVALRY 
FIGURE 13. MODERATE BARGAINING POWER OF BUYERS 
FIGURE 14. MARKET PLAYER POSITIONING, 2018 
FIGURE 15. VALUE CHAIN ANALYSIS 
FIGURE 16. ELECTRIC CAR DEPLOYMENT IN SELECTED COUNTRIES, 2013-2018 
FIGURE 17. IOT DEVICE CONNECTIONS, 2016-2022 
FIGURE 18. GLOBAL WIRELESS CHARGING MARKET SHARE, BY TECHNOLOGY, 2018–2027 (%) 
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF INDUCTIVE WIRELESS CHARGING MARKET, BY COUNTRY, 2018 & 2027 (%) 
FIGURE 20. COMPARATIVE SHARE ANALYSIS OF RESONANT WIRELESS CHARGING MARKET, BY COUNTRY, 2018 & 2027 (%) 
FIGURE 21. COMPARATIVE SHARE ANALYSIS OF WIRELESS CHARGING MARKET FOR RADIO FREQUENCY, BY COUNTRY, 2018 & 2027 (%) 
FIGURE 22. COMPARATIVE SHARE ANALYSIS OF WIRELESS CHARGING MARKET FOR OTHERS, BY COUNTRY, 2018 & 2027 (%) 
FIGURE 23. GLOBAL WIRELESS CHARGING MARKET SHARE, BY INDUSTRY, 2018–2027 (%) 
FIGURE 24. COMPARATIVE SHARE ANALYSIS OF WIRELESS CHARGING MARKET FOR ELECTRONICS, BY COUNTRY, 2018 & 2027 (%) 
FIGURE 25. INSTALLATION OF ELECTRIC LDV CHARGERS, 2013-2018 (MILLION UNITS) 
FIGURE 26. COMPARATIVE SHARE ANALYSIS OF WIRELESS CHARGING MARKET FOR AUTOMOTIVE, BY COUNTRY, 2018 & 2027 (%) 
FIGURE 27. COMPARATIVE SHARE ANALYSIS OF WIRELESS CHARGING MARKET FOR INDUSTRIAL, BY COUNTRY, 2018 & 2027 (%) 
FIGURE 28. COMPARATIVE SHARE ANALYSIS OF WIRELESS CHARGING MARKET FOR HEALTHCARE, BY COUNTRY, 2018 & 2027 (%) 
FIGURE 29. COMPARATIVE SHARE ANALYSIS OF WIRELESS CHARGING MARKET FOR AEROSPACE & DEFENSE, BY COUNTRY, 2018 & 2027 (%) 
FIGURE 30. GLOBAL WIRELESS CHARGING MARKET, BY REGION, 2018-2027 
FIGURE 31. COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA WIRELESS CHARGING MARKET, BY COUNTRY, 2018-2027 (%) 
FIGURE 32. U.S. WIRELESS CHARGING MARKET, 2018–2027 ($MILLION) 
FIGURE 33. CANADA WIRELESS CHARGING MARKET, 2018–2027 ($MILLION) 
FIGURE 34. MEXICO WIRELESS CHARGING MARKET, 2018–2027 ($MILLION) 
FIGURE 35. COMPARATIVE SHARE ANALYSIS OF EUROPE WIRELESS CHARGING MARKET, BY COUNTRY, 2018-2027 (%) 
FIGURE 36. UK WIRELESS CHARGING MARKET, 2018–2027 ($MILLION) 
FIGURE 37. GERMANY ELECTRIC VEHICLE MARKET, 2018–2027 ($MILLION) 
FIGURE 38. FRANCE ELECTRIC VEHICLEMARKET, 2018–2027 ($MILLION) 
FIGURE 39. ITALY ELECTRIC VEHICLEMARKET, 2018–2027 ($MILLION) 
FIGURE 40. REST OF EUROPE WIRELESS CHARGING MARKET, 2018–2027 ($MILLION) 
FIGURE 41. COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC WIRELESS CHARGING MARKET, BY COUNTRY, 2018-2027 (%) 
FIGURE 42. CHINA WIRELESS CHARGING MARKET, 2018–2027 ($MILLION) 
FIGURE 43. INDIA WIRELESS CHARGING MARKET, 2018–2027 ($MILLION) 
FIGURE 44. JAPAN WIRELESS CHARGING MARKET, 2018–2027 ($MILLION) 
FIGURE 45. SOUTH KOREA WIRELESS CHARGING MARKET, 2018–2027 ($MILLION) 
FIGURE 46. TAIWAN WIRELESS CHARGING MARKET, 2018–2027 ($MILLION) 
FIGURE 47. REST OF ASIA-PACIFIC WIRELESS CHARGING MARKET, 2018–2027 ($MILLION) 
FIGURE 48. COMPARATIVE SHARE ANALYSIS OF LAMEA WIRELESS CHARGING MARKET, BY COUNTRY, 2018-2027 (%) 
FIGURE 49. LATIN AMERICA WIRELESS CHARGING MARKET, 2018–2027 ($MILLION) 
FIGURE 50. MIDDLE EAST WIRELESS CHARGING MARKET, 2018–2027 ($MILLION) 
FIGURE 51. AFRICA WIRELESS CHARGING MARKET, 2018–2027 ($MILLION) 
FIGURE 52. ENERGIZER HOLDINGS: NET SALES, 2017-2019 ($MILLION) 
FIGURE 53. ENERGIZER HOLDINGS: REVENUE SHARE BY PRODUCT, 2019 (%) 
FIGURE 54. ENERGIZER HOLDINGS: REVENUE SHARE BY REGION, 2019 (%) 
FIGURE 55. RENESAS ELECTRONICS CORPORATION: NET SALES, 2016–2018 ($MILLION) 
FIGURE 56. RENESAS ELECTRONICS CORPORATION: REVENUE SHARE BY SEGMENT, 2018 (%) 
FIGURE 57. RENESAS ELECTRONICS CORPORATION: REVENUE SHARE BY REGION, 2018 (%) 
FIGURE 58. MURATA MANUFACTURING: NET SALES, 2016–2018 ($MILLION) 
FIGURE 59. MURATA MANUFACTURING: REVENUE SHARE BY PRODUCT, 2018 (%) 
FIGURE 60. MURATA MANUFACTURING: REVENUE SHARE BY REGION, 2018 (%) 
FIGURE 61. QUALCOMM TECHNOLOGIES: NET SALES, 2016–2018 ($MILLION) 
FIGURE 62. QUALCOMM TECHNOLOGIES: REVENUE SHARE BY SEGMENT, 2018 (%) 
FIGURE 63. QUALCOMM TECHNOLOGIES: REVENUE SHARE BY REGION, 2018 (%) 
FIGURE 64. SAMSUNG ELECTRONICS: NET SALES, 2016–2018 ($MILLION) 
FIGURE 65. SAMSUNG ELECTRONICS: REVENUE SHARE BY SEGMENT, 2018 (%) 
FIGURE 66. SAMSUNG ELECTRONICS: REVENUE SHARE BY REGION, 2018 (%) 
FIGURE 67. SONY CORPORATION: NET SALES, 2017–2019 ($MILLION) 
FIGURE 68. SONY CORPORATION: REVENUE SHARE BY SEGMENT, 2019 (%) 
FIGURE 69. SONY CORPORATION: REVENUE SHARE BY REGION, 2019 (%) 
FIGURE 70. TEXAS INSTRUMENTS: NET SALES, 2016–2018 ($MILLION) 
FIGURE 71. TEXAS INSTRUMENTS: REVENUE SHARE BY SEGMENT, 2018 (%) 
FIGURE 72. TEXAS INSTRUMENTS: REVENUE SHA

 

 
 

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 smartphones, wearables, tablets, 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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FREQUENTLY ASKED QUESTIONS?
 

A. The Global Wireless Charging Market is expected to grow at a CAGR of 23.4% from 2020 to 2027.

A. The Wireless Charging Market is projected to reach $49,304.1 million by 2027.

A. To get the latest version of sample report

A. Increase in sales of electric vehicles (EVs), constantly evolving portable electronics and wearables market, and frequent need of harvesting ambient RF energy drives the growth of Wireless Charging Market.

A. The key players profiled in the report include Samsung Electronics Co. Ltd., Qualcomm Incorporated, Texas Instruments Inc., Integrated Device Technology Inc., Powermat Technologies Ltd., WiTricity Corporation, Energizer Holdings Inc., Murata Manufacturing Co. Ltd., Sony Corporation, and Fulton Innovation LLC.

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

A. The Wireless Charging Market is segmented on the basis of technology, industry vertical, and region.

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

A. Radio Frequency segment would exhibit the highest CAGR of 26.8% during 2020 - 2027.

A. Electronics segment is expected to secure the leading position during the forecast period.

 

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