Wireless Phone Chargers Market Size to grow by USD 12.58 billion between 2024-2028
According to a research report “ Wireless Phone Chargers Market” by Type (Inductive, Magnetic resonance, Radio frequency) Distribution Channel (Offline, Online) Geography (North America, APAC, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 12.58 billion, at a CAGR of 23.85% during the forecast period. The wireless charging market has witnessed significant growth in recent years, driven by the increasing adoption of smartphones with built-in compatibility for wireless charging systems (WCS). Notable OEMs, including Samsung, Google, Xiaomi, Poco, and OnePlus, have integrated Qi as their preferred WCS adapter. Select models, such as the OnePlus Nord CE 3 and Google Pixel 8, support both Qi and PMA standards. Apple's announcement to adopt Qi is anticipated to further fuel market expansion, as future gadgets from the tech giant are expected to incorporate built-in Qi WCS compatibility..
Browse market data tables, figures, and in-depth TOC on “Wireless Phone Chargers Market” by Type (Inductive, Magnetic resonance, Radio frequency) Distribution Channel (Offline, Online) Geography (North America, APAC, Europe, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample
By Type, the Inductive segment is projected to dominate the market size in 2024
In the dynamic wireless phone chargers market, Inductive technology reigns supreme in the technology segment. Its popularity stems from its user-friendly nature and convenience. Inductive chargers operate via electromagnetic fields, consisting of a transmitter and receiver that facilitate power transfer through electronic communication. The transmitter generates a magnetic field, which the receiver converts into electrical energy for charging the phone. Inductive charging boasts versatility, catering to a broad spectrum of smartphone models, as long as they possess integrated wireless charging capabilities or external receivers.
By Distribution Channel, Offline segment is expected to hold the largest market size for the year 2024
In the dynamic wireless phone chargers market, traditional offline distribution channels hold significant value. These channels, comprised of retail outlets like specialty stores, department stores, electronic stores, and other physical establishments, cater to consumers seeking a tangible shopping experience. Offline channels provide a distinct advantage, allowing customers to examine, engage with, and assess the product prior to purchase, thereby enhancing consumer confidence and satisfaction in the global wireless phone chargers market.
North America is forecasted to hold the largest market size by region in 2024
The North American wireless phone chargers market experiences steady expansion, fueled by the increasing preference for technologically advanced wireless charging solutions. The US market segment is anticipated to dominate, driven by heightened consumer awareness of wireless power technology and the expanding utilization of wireless charging for various consumer electronics applications. Notably, US OEMs are spearheading significant R&D investments to integrate wireless charging pads in public spaces like malls, metro stations, and restaurants.
The Wireless Phone Chargers Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The Wireless Phone Chargers market is experiencing significant growth due to the increasing demand for user-friendly applications and portable electronic devices. This market encompasses various wireless power technologies, including Radio Frequency (RF), Resonant, and Inductive technology. GaN materials play a crucial role in the development of efficient and high-performance wireless chargers. Wireless charging solutions are increasingly being adopted for IoT devices, autonomous robots, and autonomous guided vehicles. The market includes charging stations, wireless power transmitters, and battery-operated devices. Hermetically sealed and watertight housing are essential features for wireless chargers, ensuring their functionality in various environments. Wireless power technology is revolutionizing the charging industry, with applications ranging from wireless phone chargers to wireless technology for electric vehicles. The Power Matters Alliance and Qi standard are key initiatives driving the interoperability and adoption of wireless charging solutions. Infrastructure integration, such as wireless charging furniture, is also gaining popularity. Inductive charging and Magnetic Resonance are two common wireless charging techniques used in the market.
Market Research Overview
The Wireless Phone Chargers market encompasses a range of innovative technologies, including Inductive and Resonant charging, that enable the charging of user devices such as smartphones, tablets, and wearables without the need for cord connections. These chargers utilize Magnetic technology and Power Mat or Charging Pad systems, which create an Electromagnetic field to transfer electricity to the user device. The market also includes Quick Charger Stands and Charger Pads that support Qi-compatible devices and are part of the EV charging infrastructure. Safety and efficiency are paramount in this market, with cost-effectiveness and compatibility issues being key considerations. Urban planning and fleet electrification are driving the demand for wireless charging technology in automotive applications and smart homes. The market is witnessing significant growth due to the increasing popularity of portable electronic devices and the Internet of Things (IoT). Wireless charging technology is also being adopted in furniture and various other applications, making it a user-friendly and convenient solution for charging battery-powered appliances and devices.
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