Latest News- Wireless Phone Chargers Market: Inductive is expected to lead the Type segment during 2025-2029

The Wireless Phone Chargers Market is being driven by Newer smartphone models with built-in support for wireless charging

The Wireless Phone Chargers Market is expected to grow at a CAGR of 12.7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 13414.2 million. The integration of smartphones into daily in-car activities, such as GPS navigation, music streaming, and browsing for information, has significantly increased the demand for efficient charging solutions. In response, automakers are equipping vehicles with multiple power outlets, including USB ports, wireless charging docks, and compatible charging pads. Among these, wireless charging is gaining popularity due to its convenience and clutter-free design, eliminating the need for cables. This trend aligns with the broader growth of the automotive industry, where consumer expectations for seamless connectivity and convenience are driving innovation. The market for wireless phone chargers in the automotive sector is poised for growth, as more consumers seek to keep their devices charged and connected while on the go. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Inductive
  • Magnetic resonance
  • Radio frequency
• Distribution Channel
  • Offline
  • Online
• Application
  • Consumer electronics
  • Automotive applications
• Geography
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Newer smartphone models with built-in support for wireless charging
• Need for common charging platform
• Increase in global shipments of smartphones

However, the market also witnesses some limitations, which are as follows:

• Additional cost to customers involved in purchasing wireless phone chargers
• Low efficiency of wireless chargers
• Compatibility issues of smartphones with wireless chargers standards

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Market Scope in Wireless Phone Chargers Market Research Report

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Research Analysis Overview

The Wireless Phone Chargers Market is focused on advancements in coil design for optimal power transfer and minimal power loss. Efforts are being made to reduce electromagnetic interference and implement thermal management solutions. Wireless charging accessories, such as charging pads and stands, are being developed with magnetic field strength optimization and charging distance enhancement. Efficiency improvement techniques, including overheating prevention and power delivery optimization, are crucial. Security measures, standardization initiatives, and interoperability issues are also key considerations. Wireless charging controllers, regulatory compliance testing, and rf energy harvesting are essential components. Antenna design optimization, resonance frequency tuning, power transfer alignment, and charging duration reduction are other areas of innovation. Magnetic field shielding and power conversion efficiency are also important for the market's growth. Adaptive charging algorithms are being implemented to improve the overall charging system and energy transfer efficiency.

Market Research Overview

The Qi wireless charging segment within the global technology hardware, storage, and peripherals market is experiencing significant growth due to the increasing adoption of inductive charging technology and wireless power transfer solutions. According to Technavio, this market is a key component of the larger global technology hardware, storage, and peripherals industry, which encompasses manufacturers of cellular phones, personal computers, servers, and various peripherals. The market size is determined by the revenue generated from the sales of these hardware devices, equipment, and components. Key drivers for the expansion of the global technology hardware, storage, and peripherals market include the increasing volume, velocity, veracity, and variety (4Vs) of data, necessitating advanced data storage solutions.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/