Allied Market Research published a report, titled, Wireless Charging Market By Technology (Inductive, Resonant, Radio Frequency, and Others) and Industry Vertical (Electronics, Automotive, Industrial, Healthcare, and Aerospace & Defense): Global Opportunity Analysis and Industry Forecast, 2020-2027. According to the report, the global wireless charging industry was pegged at $6.51 billion in 2018 and is expected to hit $49.30 billion by 2027, registering a CAGR of 23.4% from 2020 to 2027.
Drivers, Restraints, and Opportunities
Rise in sales of electric vehicles (EVs), constantly evolving portable electronics & wearables market, and the necessity to harvest ambient RF energy drive the growth of the global wireless charging market. On the other hand, expensive technology involved in the process curbs the growth to some extent. Nevertheless, development in far-field wireless charging technologies and the emergence of the Internet of Things are expected to create multiple opportunities in the industry.
Inductive Segment to Lead the Trail By 2027
Based on technology, the inductive segment contributed to more than half of the global wireless charging market share in 2018 and is expected to lead the trail by 2027. This is attributed to the easy, convenient, and wireless use of the charging system. Simultaneously, the radio frequency segment would grow at the fastest CAGR of 26.8% throughout the forecast period. The stronger technical qualities of radiofrequency over other technologies have made it the fastest-growing segment.
Electronics Segment to Dominate During the Estimated Period
Based on industry vertical, the electronics segment accounted for more than two-fifths of the global wireless charging market revenue in 2018 and is anticipated to maintain the lion's share until 2027. This is attributed to the increasing adoption of wireless chargers for portable electronics such as smartphones, laptops, wearables, and handheld electronics. The healthcare segment, on the other hand, would cite the fastest CAGR of 25.5% during the study period. The ability of wireless charging to charge devices even during their use increases its adoption in healthcare equipment which, in turn, boosts the segment growth.
North America to Rule the Roost
Based on geography, North America held the highest share in 2018, generating more than one-third of the global wireless charging market. The rise in demand for portable & wireless devices and technological advancements across the industry have contributed to the growth of the wireless charging market in this region. At the same time, the Asia-Pacific would portray the fastest CAGR of 25.3% by the end of 2027. An increase in the adoption of fuel-efficient electric vehicles and a surge in demand for advancement in the charging system for portable electronics fuel the market growth.
Key Benefits For Stakeholders:
This study comprises an analytical depiction of the global wireless charging market size along with the current trends and future estimations to depict the imminent investment pockets.
- The overall wireless charging market analysis is determined to understand the profitable trends to gain a stronger foothold.
- The report presents information related to key drivers, restraints, and opportunities with detailed impact analysis.
- The current wireless charging market forecast is quantitatively analyzed from 2018 to 2027 to benchmark the financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and the wireless charging market share of key vendors.
- The report includes the market trends and the market share of key vendors.
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Technology roadmap
3.3. Key findings
3.3.1. Top impacting factors
3.3.2. Top investment pockets
3.3.3. Top winning strategies
3.4. Porter’s five forces analysis
3.4.1. Moderate-to-high bargaining power of suppliers
3.4.2. Moderate-to-high threat of new entrants
3.4.3. Moderate threat of substitutes
3.4.4. High-to-moderate intensity of rivalry
3.4.5. Moderate bargaining power of buyers
3.5. Key player positioning, 2018
3.6. Value chain analysis
3.6.1. Raw material suppliers
3.6.2. Design and engineering
3.6.3. Manufacturing
3.6.4. Sales & distribution
3.6.5. End Users
3.7. Product launches
3.8. Market dynamics
3.8.1. Drivers
3.8.1.1. Increase in sales of electric vehicles (EVs)
3.8.1.2. Constantly evolving portable electronics and wearables market
3.8.1.3. Necessity to harvest ambient RF energy
3.8.2. Restraint
3.8.2.1. Technology is expensive to integrate and comparatively slower charging
3.8.3. Opportunities
3.8.3.1. Excessive research in far-field wireless charging technologies
3.8.3.2. Trending Internet of Things (IoT)
CHAPTER 4: WIRELESS CHARGING MARKET, BY TECHNOLOGY
4.1. Overview
4.2. Inductive
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country
4.3. Resonant
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country
4.4. Radio frequency
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis by country
4.5. Others
4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis by country
CHAPTER 5: WIRELESS CHARGING MARKET, BY INDUSTRY VERTICAL
5.1. Overview
5.2. Electronics
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country
5.3. Automotive
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country
5.4. Industrial
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country
5.5. Healthcare
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis by country
5.6. Aerospace & defense
5.6.1. Key market trends, growth factors and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market analysis by country
CHAPTER 6: WIRELESS CHARGING MARKET, BY REGION
6.1. Overview
6.2. North America
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by technology
6.2.3. Market size and forecast, by industry vertical
6.2.4. Market analysis by country
6.2.4.1. U.S.
6.2.4.1.1. Market size and forecast, by Technology
6.2.4.1.2. Market size and forecast, by Industry Vertical
6.2.4.2. Canada
6.2.4.2.1. Market size and forecast, by Technology
6.2.4.2.2. Market size and forecast, by Industry Vertical
6.2.4.3. Mexico
6.2.4.3.1. Market size and forecast, by Technology
6.2.4.3.2. Market size and forecast, by Industry Vertical
6.3. Europe
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by Technology
6.3.3. Market size and forecast, by Industry Vertical
6.3.4. Market analysis by country
6.3.4.1. UK
6.3.4.1.1. Market size and forecast, by Technology
6.3.4.1.2. Market size and forecast, by Industry Vertical
6.3.4.2. Germany
6.3.4.2.1. Market size and forecast, by Technology
6.3.4.2.2. Market size and forecast, by Industry Vertical
6.3.4.3. France
6.3.4.3.1. Market size and forecast, by Technology
6.3.4.3.2. Market size and forecast, by Industry Vertical
6.3.4.4. Italy
6.3.4.4.1. Market size and forecast, by Technology
6.3.4.4.2. Market size and forecast, by Industry Vertical
6.3.4.5. Rest of Europe
6.3.4.5.1. Market size and forecast, by Technology
6.3.4.5.2. Market size and forecast, by Industry Vertical
6.4. Asia-Pacific
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by Technology
6.4.3. Market size and forecast, by Industry Vertical
6.4.4. Market analysis by country
6.4.4.1. China
6.4.4.1.1. Market size and forecast, by Technology
6.4.4.1.2. Market size and forecast, by Industry Vertical
6.4.4.2. India
6.4.4.2.1. Market size and forecast, by Technology
6.4.4.2.2. Market size and forecast, by Industry Vertical
6.4.4.3. Japan
6.4.4.3.1. Market size and forecast, by Technology
6.4.4.3.2. Market size and forecast, by Industry Vertical
6.4.4.4. South Korea
6.4.4.4.1. Market size and forecast, by Technology
6.4.4.4.2. Market size and forecast, by Industry Vertical
6.4.4.5. Taiwan
6.4.4.5.1. Market size and forecast, by Technology
6.4.4.5.2. Market size and forecast, by Industry Vertical
6.4.4.6. Rest of Asia-Pacific
6.4.4.6.1. Market size and forecast, by Technology
6.4.4.6.2. Market size and forecast, by Industry Vertical
6.5. LAMEA
6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by Technology
6.5.3. Market size and forecast, by Industry Vertical
6.5.4. Market analysis by country
6.5.4.1. Latin America
6.5.4.1.1. Market size and forecast, by Technology
6.5.4.1.2. Market size and forecast, by Industry Vertical
6.5.4.2. Middle East
6.5.4.2.1. Market size and forecast, by Technology
6.5.4.2.2. Market size and forecast, by Industry Vertical
6.5.4.3. Africa
6.5.4.3.1. Market size and forecast, by Technology
6.5.4.3.2. Market size and forecast, by Industry Vertical
CHAPTER 7: COMPANY PROFILES
7.1. ENERGIZER HOLDINGS, INC.
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Product portfolio
7.1.5. Business performance
7.1.6. Key strategic moves and developments
7.2. FULTON INNOVATION LLC
7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.2.5. Key strategic moves and developments
7.3. RENESAS ELECTRONICS CORPORATION (INTERATED DEVICE TECHNOLOGY, INC.)
7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Product portfolio
7.3.5. Business performance
7.3.6. Key strategic moves and developments
7.4. MURATA MANUFACTURING COMPANY, LTD.
7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio
7.4.5. Business performance
7.4.6. Key strategic moves and developments
7.5. POWERMAT TECHNOLOGIES LTD.
7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Product portfolio
7.5.5. Key strategic moves and developments
7.6. QUALCOMM TECHNOLOGIES, INC
7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Business performance
7.6.6. Key strategic moves and developments
7.7. SAMSUNG ELECTRONICS CO., LTD.
7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Product portfolio
7.7.5. Business performance
7.7.6. Key strategic moves and developments
7.8. SONY CORPORATION
7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio
7.8.5. Business performance
7.8.6. Key strategic moves and developments
7.9. TEXAS INSTRUMENTS INC.
7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Product portfolio
7.9.5. Business performance
7.9.6. Key strategic moves and developments
7.10. WITRICITY CORPORATION
7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Product portfolio
7.10.5. Key strategic moves and developments
