The study’s four main components estimate the market size for wireless charging. Thorough secondary research was carried out to gather market-related data. The next step involved doing primary research to validate these conclusions, hypotheses, and sizing with industry professionals along the value chain. Two methods were used to estimate the market size for wireless charging: top-down and bottom-up. Following that, techniques for data triangulation and market breakdown were employed to ascertain the size of various market segments and subsegments.
To gather qualitative and quantitative data for this report, a wide range of sources from the supply and demand sides were questioned during the primary research phase. Key opinion leaders, research organizations, distributors, professional and managed service providers, industry associations, and wireless charging providers (Energizer, SAMSUNG, Plugless Power Inc., Ossia Inc., and Qualcomm Technologies, Inc.) were among the primary sources from the supply side. These experts included Chief X Officers (CXOs), Vice Presidents (VPs), and Directors from business development, marketing, product development/innovation teams, and related key executives. The supply side participated in about 75% and the demand side in about 25% of the initial interviews. Eighty percent of the primary interviews were conducted over the phone, via email, and through questionnaires.
Corporate filings (annual reports, investor presentations, and financial statements), trade, business, and professional associations, white papers, certified publications, articles by renowned writers, directories, and databases are examples of secondary sources used in this research study. The total market size was estimated using secondary data collection and analysis, which was then confirmed by primary research. After the pertinent data is gathered from a variety of secondary sources, it is examined to glean insights and information pertinent to the goals of the market research project. As part of this analysis, the data were compiled, trends were found, and conclusions were made using the information at hand.
The segmentation coverage of the study is provided below.
Wireless Charging Market based on Technology:
- Inductive
- Resonant
- RF
- Others
Wireless Charging Market based on Application:
- Aerospace & defense
- Automotive
- Consumer electronics
- Healthcare
- Industrial
Wireless Charging Market based on Geography:
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe (RoE)
- Asia Pacific (APAC)
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific (RoAPAC)
- Latin America (LATAM)
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa (MEA)
- UAE
- Turkey
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Prominent industry participants are making significant investments in R&D to broaden their product offerings, hence contributing to the further expansion of the Wireless Charging market. In addition, market players are engaging in a range of strategic endeavors aimed at broadening their worldwide reach. Notable changes in the market include the introduction of new products, agreements under contracts, mergers and acquisitions, increased investment, and cooperation with other entities. In an increasingly competitive and expanding market climate, the wireless charging business needs to provide affordable products in order to grow and thrive.
One of the primary business strategies used by manufacturers in the global wireless charging industry to assist customers and expand the market sector is local manufacturing in order to reduce operating costs. The electronic market has benefited greatly from some of the biggest advantages provided by the wireless charging business in recent years. Leading companies in the wireless charging space, such as Energizer Holdings Inc., Samsung Electronics Co. Ltd., Qualcomm Incorporated, Texas Instruments, Integrated Device Technology Inc., Powermat Technologies Ltd., WiTricity Corporation, Sony Corporation, Fulton Innovation LLC, Renesas Electronics Corporation, and others, are making investments in R&D to try and increase market demand.
The American company WiTricity Corporation, which specializes in wireless charging technologies, has its main office in Watertown, Massachusetts. WiTricity provides technology and reference designs for consumer electronics like laptops, cell phones, and televisions as well as wireless charging for electric vehicles. WiTricity technology uses magnetic resonance to facilitate wireless power transmission across long distances. For Example: WiTricity earned over USD 63 million in Siemens in June 2022. Siemens and Witricity will work together to foster innovation in the rapidly emerging field of wireless electronic vehicle charging through this investment. With this additional investment, they will be able to develop wireless V2G capabilities—which will allow parked electric vehicles to recharge the grid—and introduce consumer and commercial wireless charging solutions more quickly.
Renesas Electronics Corporation is always striving to innovate by offering a range of power, analog, and microcontroller products. The firm’s solutions and products are embedded everywhere. By providing intelligence to four important growth segments—automotive, industrial, infrastructure, and internet of things—all of which are necessary for day-to-day living, the company hopes to make the world safer, healthier, greener, and smarter. The business established the Renesas Culture in 2020, and it feels that all of the Renesas Group’s employees should uphold it. The guideline, which forms the basis for all acts, conduct, and decision-making, is made up of five parts. “Open, Flexible, Worldwide, Creative, Enterprising.” These elements provide the framework that enables a company to deal with issues, adjust to changes, and generate value over the long term. For Example: Renesas Electronics Corporation unveiled a customer-oriented design for wireless charging stations for cars in March 2022. With the help of the new P9261-3C-CRBv2, automakers can now swiftly and expertly provide superior performance and safety features for in-cabin wireless charging.
- This report illustrates the most vital attributes of the Wireless Charging Market, which are driving and providing opportunities.
- This research gives an in-depth analysis of the Wireless Charging Market growth on the basis of several segments in the market.
- This report presents the predictions of the past and present trends of the Wireless Charging Market.
- This study also presents the competitive analysis, such as key strategies and capabilities of major players of the Wireless Charging Market.
Methodology
Infoholic Research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:
- Data Collation (Primary & Secondary)
- In-house Estimation (Based on proprietary data bases and Models)
- Market Triangulation
- Forecasting
List of Tables
TABLE 1. WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 2. WIRELESS CHARGING MARKET VALUE FOR INDUCTIVE, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 3. WIRELESS CHARGING MARKET VALUE FOR RESONANT, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 4. WIRELESS CHARGING MARKET VALUE FOR RF, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 5. WIRELESS CHARGING MARKET VALUE FOR OTHERS, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 6. WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 7. WIRELESS CHARGING MARKET VALUE FOR AEROSPACE & DEFENSE, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 8. WIRELESS CHARGING MARKET VALUE FOR AUTOMOTIVE, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 9. WIRELESS CHARGING MARKET VALUE FOR HEALTHCARE, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 10. WIRELESS CHARGING MARKET VALUE FOR CONSUMER ELECTRONICS, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 11. WIRELESS CHARGING MARKET VALUE FOR INDUSTRIAL, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 12. NORTH AMERICA WIRELESS CHARGING MARKET VALUE, BY COUNTRY, 2021-2030 (USD BILLION)
TABLE 13. NORTH AMERICA WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 14. NORTH AMERICA WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 15. U.S WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 16. U.S WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 17. CANADA WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 18. CANADA WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 19. MEXICO WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 20. MEXICO WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 21. EUROPE WIRELESS CHARGING MARKET VALUE, BY COUNTRY, 2021-2030 (USD BILLION)
TABLE 22. EUROPE WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 23. EUROPE WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 24. GERMANY WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 25. GERMANY WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 26. U.K WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 27. U.K WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 28. FRANCE WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 29. FRANCE WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 30. ITALY WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 31. ITALY WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 32. SPAIN WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 33. SPAIN WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 34. ROE WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 35. ROE WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 36. ASIA PACIFIC WIRELESS CHARGING MARKET VALUE, BY COUNTRY, 2021-2030 (USD BILLION)
TABLE 37. ASIA PACIFIC WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 38. ASIA PACIFIC WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 39. CHINA WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 40. CHINA WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 41. INDIA WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 42. INDIA WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 43. JAPAN WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 44. JAPAN WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 45. REST OF APAC WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 46. REST OF APAC WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 47. LATIN AMERICA WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 48. LATIN AMERICA WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 49. BRAZIL WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 50. BRAZIL WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 51. ARGENTINA WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 52. ARGENTINA WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 53. MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 54. MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 55. SAUDI ARABIA WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 56. SAUDI ARABIA WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 57. UAE WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 58. UAE WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 59. REST OF MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 60. REST OF MIDDLE EAST AND AFRICA WIRELESS CHARGING MARKET VALUE, BY APPLICATION, 2021-2030 (USD BILLION)
TABLE 61. DELTA ELECTRONICS, INC. : FINANCIALS
TABLE 62. DELTA ELECTRONICS, INC. : PRODUCTS & SERVICES
TABLE 63. DELTA ELECTRONICS, INC. : RECENT DEVELOPMENTS
TABLE 64. DRONE POWER PVT. LTD.: FINANCIALS
TABLE 65. DRONE POWER PVT. LTD.: PRODUCTS & SERVICES
TABLE 66. DRONE POWER PVT. LTD.: RECENT DEVELOPMENTS
TABLE 67. ENERGIZER HOLDINGS, INC.: FINANCIALS
TABLE 68. ENERGIZER HOLDINGS, INC.: PRODUCTS & SERVICES
TABLE 69. ENERGIZER HOLDINGS, INC.: RECENT DEVELOPMENTS
TABLE 70. ENERGOUS CORPORATION: FINANCIALS
TABLE 71. ENERGOUS CORPORATION: PRODUCTS & SERVICES
TABLE 72. ENERGOUS CORPORATION: RECENT DEVELOPMENTS
TABLE 73. ETATRONIX GMBH: FINANCIALS
TABLE 74. ETATRONIX GMBH: PRODUCTS & SERVICES
TABLE 75. ETATRONIX GMBH: RECENT DEVELOPMENTS
TABLE 76. FULTON INNOVATION LLC.: FINANCIALS
TABLE 77. FULTON INNOVATION LLC.: PRODUCTS & SERVICES
TABLE 78. FULTON INNOVATION LLC.: RECENT DEVELOPMENTS
TABLE 79. INDUCTEV: FINANCIALS
TABLE 80. INDUCTEV: PRODUCTS & SERVICES
TABLE 81. INDUCTEV: DEVELOPMENTS
TABLE 82. IPT TECHNOLOGY GMBH: FINANCIALS
TABLE 83. IPT TECHNOLOGY GMBH: PRODUCTS & SERVICES
TABLE 84. IPT TECHNOLOGY GMBH: RECENT DEVELOPMENTS
TABLE 85. LG ELECTRONICS: FINANCIALS
TABLE 86. LG ELECTRONICS: PRODUCTS & SERVICES
TABLE 87. LG ELECTRONICS: RECENT DEVELOPMENTS
TABLE 88. MEREDOT SIA: FINANCIALS
TABLE 89. MEREDOT SIA: PRODUCTS & SERVICES
TABLE 90. MEREDOT SIA: RECENT DEVELOPMENTS
