Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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Global Wireless Charging Market, By Technology (Magnetic Resonance, Inductive, Radio Frequency Technologies), Transmission Range (Short Range, Medium Range, Long Range), Application (Consumer Electronics, Defense, Healthcare, Automotive, Industrial, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
The wireless charging market is expected to witness market growth at a rate of 22.6% in the forecast period of 2022 to 2029. Data Bridge Market Research report on wireless charging market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the trend of wearable devices, such as fitness trackers and smartwatches are escalating the growth of wireless charging market.
Wireless charging is referred to a form of power device which aids in the transmission of energy without wires. It is a solid, helpful and safe innovation to charge the electrical gadgets. Wireless charging gadgets comprises of a charging station which transmits the energy and is combined inside a gadget that gets the vitality and charges the battery.
Major factors that are expected to boost the growth of the wireless charging market in the forecast period are the rise in the adoption of wireless technology in consumer electronic devices. Furthermore, the growing sales of electric vehicles is further anticipated to propel the growth of the wireless charging market. Moreover, the instantaneous charging of multiple devices is further estimated to cushion the growth of the wireless charging market. On the other hand, the concern regarding compatibility is further projected to impede the growth of the wireless charging market in the timeline period.
In addition, the growing use of wireless technology to charge warehouse trucks will further provide potential opportunities for the growth of the wireless charging market in the coming years. However, exclusive infrastructure required for dynamic charging customer inclination for traditional charging technology might further challenge the growth of the wireless charging market in the near future.
This wireless charging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the wireless charging market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
The wireless charging market is segmented on the basis of technology, transmission range and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
The wireless charging market is analyzed, and market size, volume information is provided by country, technology, transmission range and application as referenced above.
The countries covered in the wireless charging market report are the U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).
Europe dominates the wireless charging market due to the rise in the demand for sophisticated electric Vehicle (EV) charging stations. Furthermore, the strong automotive industry will further boost the growth of the wireless charging market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the wireless charging market due to the increase in the smartphone ownership rates. Moreover, the enhanced economic conditions is further anticipated to propel the growth of the wireless charging market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
The wireless charging market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the wireless charging market.
Some of the major players operating in the wireless charging market are Qualcomm Technologies, Inc., Leggett & Platt, Inc., Murata Manufacturing Co., Ltd., Powermat, Fulton Innovation LLC, Texas Instruments Incorporated., WiTricity Corporation., Renesas Electronics Corporation., Murata Manufacturing Co., Ltd., ConvenientPower HK Limited, Energizer Holdings, Inc., ExploraStore, LLC., Anker Technology (UK) Ltd, SAMSUNG, Sony Corporation, Mojo Mobility, Inc., and GETPOWERPAD among others.
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To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Wireless Charging Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Wireless Charging Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.