The global wireless charging market is exhibiting robust growth and reached a value of US$ 8.5 Billion in 2018. Wireless charging refers to the process of electrically charging battery-powered equipment or devices without physically connected cables. It works on the principle of inductive power transfer or magnetic resonance in which an electric current is passed between two objects through the use of coils so as to induce an electromagnetic field. It provides a safe, convenient and reliable way to charge and power numerous electrical devices at homes and workplaces.
The various benefits associated with wireless charging, such as ease of handling and mobility, protection from electric shocks, flexibility, etc., are contributing to the growth of the global wireless charging market. Further, the rising proliferation of the Internet of Things (IoT) is boosting the demand for wireless charging as it is a convenient method to power an IoT network. Moreover, integration of wireless charging solutions in automobiles and the increasing applications of wireless charging in the healthcare segment represent some of the other factors that are driving the market. Looking forward, the market is projected to reach US$ 19.3 Billion by 2024, registering a CAGR of 13.3% during 2019-2024.
Market Summary:
- Based on the technology, inductive technology represents the largest segment. Other technology segments include resonant charging, radio frequency based charging and others.
- Based on the application, the market has been segmented into consumer electronics, industrial, healthcare, automotive, defence and others. Consumer electronics currently accounts for the largest market share.
- Based on the transmission range, the market has been segmented as short range, medium range and long range wireless chargers.
- Region-wise, the market has been segmented as North America, Asia Pacific, Europe, Middle East and Africa, and Latin America.
- The competitive landscape of the market has also been examined with some of the key players being Convenientpower HK Limited, Energizer Holdings, Inc, Integrated Device Technology, Leggett & Platt Incorporated, Murata Manufacturing Co. Ltd, Powermat Technologies Ltd., Qualcomm Incorporated, Texas Instruments Incorporated, Witricity Corporation and Samsung.
This report provides a deep insight into the global wireless charging market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the wireless charging market in any manner.
Key Questions Answered in This Report:
- How has the global wireless charging market performed so far and how will it perform in the coming years?
- What are the key regions in the global wireless charging market?
- What are the key application segments in the global wireless charging market?
- What are the transmission ranges in the global wireless charging market?
- What are the key technologies used in the global wireless charging market?
- What are the various stages in the value chain of the global wireless charging market?
- What are the key driving factors and challenges in the global wireless charging market?
- What is the structure of the global wireless charging market and who are the key players?
- What is the degree of competition in the global wireless charging market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Wireless Charging Market
5.1 Market Overview
5.2 Market Performance
5.3 Price Analysis
5.4 Market Breakup by Technology
5.5 Market Breakup by Transmission Range
5.6 Market Breakup by Application
5.7 Market Breakup by Region
5.8 Market Forecast
5.9 SWOT Analysis
5.9.1 Overview
5.9.2 Strengths
5.9.3 Weaknesses
5.9.4 Opportunities
5.9.5 Threats
5.10 Value Chain Analysis
5.10.1 Overview
5.10.2 Research and Development
5.10.3 Raw Material Procurement
5.10.4 Manufacturing
5.10.5 Marketing
5.10.6 Distribution
5.10.7 End-Use
5.11 Porters Five Forces Analysis
5.11.1 Overview
5.11.2 Bargaining Power of Buyers
5.11.3 Bargaining Power of Suppliers
5.11.4 Degree of Competition
5.11.5 Threat of New Entrants
5.11.6 Threat of Substitutes
6 Market Breakup by Technology
6.1 Inductive Charging
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Resonant Charging
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Radio Frequency Based Charging
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Transmission Range
7.1 Short Range
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Medium Range
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Long Range
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Application
8.1 Consumer Electronics
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Automotive
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Healthcare
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Industrial
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Defense
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 Asia Pacific
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 North America
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Europe
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 Competitive Landscape
10.1 Market Structure
10.2 Key Players
10.3 Profiles of Key Players
10.3.1 Convenient Power HK Limited
10.3.2 Energizer Holdings, Inc.
10.3.3 Integrated Device Technology
10.3.4 Leggett & Platt, Incorporated
10.3.5 Murata Manufacturing Co. Ltd
10.3.6 Powermat Technologies Ltd.
10.3.7 Qualcomm Incorporated
10.3.8 Texas Instruments Incorporated
10.3.9 Witricity Corporation
10.3.10 Samsung
List of Figures
Figure 1: Global: Wireless Charging Market: Major Drivers and Challenges
Figure 2: Global: Wireless Charging Market: Sales Value (in Billion US$), 2011-2018
Figure 3: Global: Wireless Charging Market: Breakup by Technology (in %), 2018
Figure 4: Global: Wireless Charging Market: Breakup by Transmission Range (in %), 2018
Figure 5: Global: Wireless Charging Market: Breakup by Application (in %), 2018
Figure 6: Global: Wireless Charging Market: Breakup by Region (in %), 2018
Figure 7: Global: Wireless Charging Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 8: Global: Wireless Charging Industry: SWOT Analysis
Figure 9: Global: Wireless Charging Industry: Value Chain Analysis
Figure 10: Global: Wireless Charging Industry: Porter’s Five Forces Analysis
Figure 11: Global: Wireless Charging (Inductive Charging) Market: Sales Value (in Million US$), 2011 & 2018
Figure 12: Global: Wireless Charging (Inductive Charging) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 13: Global: Wireless Charging (Resonant Charging) Market: Sales Value (in Million US$), 2011 & 2018
Figure 14: Global: Wireless Charging (Resonant Charging) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 15: Global: Wireless Charging (Radio Frequency Based Charging) Market: Sales Value (in Million US$), 2011 & 2018
Figure 16: Global: Wireless Charging (Radio Frequency Based Charging) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 17: Global: Wireless Charging (Other Technologies) Market: Sales Value (in Million US$), 2011 & 2018
Figure 18: Global: Wireless Charging (Other Technologies) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 19: Global: Wireless Charging (Short Range) Market: Sales Value (in Million US$), 2011 & 2018
Figure 20: Global: Wireless Charging (Short Range) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 21: Global: Wireless Charging (Medium Range) Market: Sales Value (in Million US$), 2011 & 2018
Figure 22: Global: Wireless Charging (Medium Range) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 23: Global: Wireless Charging (Long Range) Market: Sales Value (in Million US$), 2011 & 2018
Figure 24: Global: Wireless Charging (Long Range) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 25: Global: Wireless Charging (Applications in Consumer Electronics) Market: Sales Value (in Million US$), 2011 & 2018
Figure 26: Global: Wireless Charging (Applications in Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 27: Global: Wireless Charging (Automotive Applications) Market: Sales Value (in Million US$), 2011 & 2018
Figure 28: Global: Wireless Charging (Automotive Applications) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 29: Global: Wireless Charging (Healthcare Applications) Market: Sales Value (in Million US$), 2011 & 2018
Figure 30: Global: Wireless Charging (Healthcare Applications) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 31: Global: Wireless Charging (Industrial Applications) Market: Sales Value (in Million US$), 2011 & 2018
Figure 32: Global: Wireless Charging (Industrial Applications) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 33: Global: Wireless Charging (Defense Applications) Market: Sales Value (in Million US$), 2011 & 2018
Figure 34: Global: Wireless Charging (Defense Applications) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 35: Global: Wireless Charging (Other Applications) Market: Sales Value (in Million US$), 2011 & 2018
Figure 36: Global: Wireless Charging (Other Applications) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 37: Asia Pacific: Wireless Charging Market: Sales Value (in Million US$), 2011 & 2018
Figure 38: Asia Pacific: Wireless Charging Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 39: North America: Wireless Charging Market: Sales Value (in Million US$), 2011 & 2018
Figure 40: North America: Wireless Charging Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 41: Europe: Wireless Charging Market: Sales Value (in Million US$), 2011 & 2018
Figure 42: Europe: Wireless Charging Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 43: Middle East and Africa: Wireless Charging Market: Sales Value (in Million US$), 2011 & 2018
Figure 44: Middle East and Africa: Wireless Charging Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 45: Latin America: Wireless Charging Market: Sales Value (in Million US$), 2011 & 2018
Figure 46: Latin America: Wireless Charging Market Forecast: Sales Value (in Million US$), 2019-2024
List of Tables
Table 1: Global: Wireless Charging Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Wireless Charging Market Forecast: Breakup by Technology (in Million US$), 2019-2024
Table 3: Global: Wireless Charging Market Forecast: Breakup by Transmission Range (in Million US$), 2019-2024
Table 4: Global: Wireless Charging Market Forecast: Breakup by Applications (in Million US$), 2019-2024
Table 5: Global: Wireless Charging Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 6: Global: Wireless Charging Market: Competitive Structure
Table 7: Global: Wireless Charging Market: Key Players