Global Consumer Electronics Wireless Charging Market Size study, by Product, by Technology, by Device and Regional Forecasts 2022-2032

Description

The Global Consumer Electronics Wireless Charging Market was valued at USD 7.21 billion in 2023 and is projected to grow significantly with a CAGR of 18.80% during the forecast period from 2024 to 2032. Wireless charging technology facilitates the efficient transfer of power through the air using electromagnetic fields to charge various consumer electronic devices such as smartphones and wearable devices. The increasing penetration of smartphones and wearable devices globally, combined with the rising consumer shift towards electric vehicles, is driving innovations in wireless charging technology. However, the high cost of integrating wireless charging technology into devices poses a challenge for manufacturers and consumers. Additionally, the lack of standardized technologies leads to compatibility issues between devices and charging stations. Continuous advancements in wireless charging technologies, which enhance efficiency and compatibility, present significant opportunities for market expansion.

Receiver ICs and modules play a crucial role in the wireless charging market by enabling smartphones, wearables, and earbuds to receive power wirelessly from charging pads or stands. The increasing adoption of wireless charging in consumer electronics has significantly boosted the demand for these receiver components. On the other hand, transmitter ICs and modules are essential for wireless charging transmitter systems, which are integrated into charging pads, stands, and even built-in solutions within furniture and vehicles. These transmitter systems generate an electromagnetic field to transfer power wirelessly to the receiver components in various devices. The design, user interface, and functionality of these systems are critical in shaping the consumer's charging experience.

In the medical sector, there is a growing demand for wireless charging in handheld medical devices due to the convenience of maintaining sterile conditions and reducing risks associated with connectors and cables. Wireless charging for laptops and tablets is still emerging, driven by the need for convenience and less cable clutter. Users seek seamless integration between their work and lifestyle gadgets, emphasizing the importance of longer battery life and shorter charging times.

Smartphones are the most mature segment in the wireless charging market, with consumer demand for convenience and aesthetic appeal driving growth. Wearable devices, such as smartwatches, fitness trackers, and earbuds, prioritize compact design and convenience, making wireless charging an ideal solution. This integration allows users to manage fewer cables and enjoy faster, hassle-free charging solutions.

Key regions considered in the Global Consumer Electronics Wireless Charging Market study include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is the dominating region in the Global Consumer Electronics Wireless Charging Market. This dominance is primarily attributed to the region's high adoption rate of advanced technologies and consumer electronics. North America has a well-established infrastructure that supports the rapid deployment and adoption of new technologies, including 5G networks, which enhance the efficiency and functionality of wireless charging systems. Moreover, ongoing investments in research and development by both private and public sectors, along with favorable regulatory frameworks, foster a conducive environment for the expansion of the wireless charging market in North America. On the other hand, Asia Pacific is projected to growth at a fastest rate during the forecast period 2024-2032 owing to the rapid increase in smartphone adoption and the proliferation of other consumer electronics, such as smartwatches, earbuds, and tablets, have created a substantial demand for wireless charging solutions. Countries like China, Japan, and South Korea, which are major hubs for electronics manufacturing, are leading the way in incorporating wireless charging technologies into their products.

Major market players included in this report are:

Aira, Inc.
Anker Innovations
Eggtronic Engineering S.p.A.
Electreon Wireless Ltd.
Energizer Holdings, Inc.
Energous Corp.
Fulton Innovation LLC
Guangzhou Guan Su Ge Technology Co., Ltd.
Huanyu Electronics Industrial Co., Limited
Murata Manufacturing Co., Ltd.
Ossia Inc.
Panasonic Holdings Corporation
Powermat Technologies Ltd.
PULS GmbH
Qualcomm Inc.

The detailed segments and sub-segment of the market are explained below:

By Product:

Receiver IC & Modules
Transmitter IC & Modules
Transmitter Systems

By Technology:

Inductive
Radio Frequency
Resonant

By Device:

Laptops & Tablets
Medical Devices
Smartphones
Wearable Devices

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
Saudi Arabia
South Africa
Rest of Middle East and Africa

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Consumer Electronics Wireless Charging Market Executive Summary

1.1. Global Consumer Electronics Wireless Charging Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.2. By Technology
- 1.3.3. By Device
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Consumer Electronics Wireless Charging Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Consumer Electronics Wireless Charging Market Dynamics

3.1. Market Drivers
- 3.1.1. Growing Penetration of Smartphones and Wearable Devices Globally
- 3.1.2. Rising Consumer Shift Toward Electric Vehicles
- 3.1.3. Increasing Requirements for More Efficient and Compact Charging Systems
3.2. Market Challenges
- 3.2.1. High Cost of Technology for Its Integration and Slower Charging
- 3.2.2. Compatibility Issues with Consumer Electronics Wireless Charging
3.3. Market Opportunities
- 3.3.1. Growing Investment in Advanced & Efficient Charging Infrastructure
- 3.3.2. Ongoing Technological Advancements in Wearable Electronic Devices

Chapter 4. Global Consumer Electronics Wireless Charging Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunity
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Consumer Electronics Wireless Charging Market Size & Forecasts by Product 2022-2032

5.1. Segment Dashboard
5.2. Global Consumer Electronics Wireless Charging Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Receiver IC & Modules
- 5.2.2. Transmitter IC & Modules
- 5.2.3. Transmitter Systems

Chapter 6. Global Consumer Electronics Wireless Charging Market Size & Forecasts by Technology 2022-2032

6.1. Segment Dashboard
6.2. Global Consumer Electronics Wireless Charging Market: Technology Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Inductive
- 6.2.2. Radio Frequency
- 6.2.3. Resonant

Chapter 7. Global Consumer Electronics Wireless Charging Market Size & Forecasts by Device 2022-2032

7.1. Segment Dashboard
7.2. Global Consumer Electronics Wireless Charging Market: Device Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Laptops & Tablets
- 7.2.2. Medical Devices
- 7.2.3. Smartphones
- 7.2.4. Wearable Devices

Chapter 8. Global Consumer Electronics Wireless Charging Market Size & Forecasts by Region 2022-2032

8.1. North America Consumer Electronics Wireless Charging Market
- 8.1.1. U.S. Consumer Electronics Wireless Charging Market
  - 8.1.1.1. Product breakdown size & forecasts, 2022-2032
  - 8.1.1.2. Technology breakdown size & forecasts, 2022-2032
  - 8.1.1.3. Device breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Consumer Electronics Wireless Charging Market
  - 8.1.2.1. Product breakdown size & forecasts, 2022-2032
  - 8.1.2.2. Technology breakdown size & forecasts, 2022-2032
  - 8.1.2.3. Device breakdown size & forecasts, 2022-2032
8.2. Europe Consumer Electronics Wireless Charging Market
- 8.2.1. UK Consumer Electronics Wireless Charging Market
- 8.2.2. Germany Consumer Electronics Wireless Charging Market
- 8.2.3. France Consumer Electronics Wireless Charging Market
- 8.2.4. Italy Consumer Electronics Wireless Charging Market
- 8.2.5. Spain Consumer Electronics Wireless Charging Market
- 8.2.6. Rest of Europe Consumer Electronics Wireless Charging Market
8.3. Asia-Pacific Consumer Electronics Wireless Charging Market
- 8.3.1. China Consumer Electronics Wireless Charging Market
- 8.3.2. Japan Consumer Electronics Wireless Charging Market
- 8.3.3. India Consumer Electronics Wireless Charging Market
- 8.3.4. Australia Consumer Electronics Wireless Charging Market
- 8.3.5. South Korea Consumer Electronics Wireless Charging Market
- 8.3.6. Rest of Asia-Pacific Consumer Electronics Wireless Charging Market
8.4. Latin America Consumer Electronics Wireless Charging Market
- 8.4.1. Brazil Consumer Electronics Wireless Charging Market
- 8.4.2. Mexico Consumer Electronics Wireless Charging Market
- 8.4.4. Rest of Latin America Consumer Electronics Wireless Charging Market
8.5. Middle East & Africa Consumer Electronics Wireless Charging Market
- 8.5.1. Saudi Arabia Consumer Electronics Wireless Charging Market
- 8.5.2. South Africa Consumer Electronics Wireless Charging Market
- 8.5.4. Rest of Middle East & Africa Consumer Electronics Wireless Charging Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Aira, Inc.
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Anker Innovations
- 9.3.3. Eggtronic Engineering S.p.A.
- 9.3.4. Electreon Wireless Ltd.
- 9.3.5. Energizer Holdings, Inc.
- 9.3.6. Energous Corp.
- 9.3.7. Fulton Innovation LLC
- 9.3.8. Guangzhou Guan Su Ge Technology Co., Ltd.
- 9.3.9. Huanyu Electronics Industrial Co., Limited
- 9.3.10. Murata Manufacturing Co., Ltd.
- 9.3.11. Ossia Inc.
- 9.3.12. Panasonic Holdings Corporation
- 9.3.13. Powermat Technologies Ltd.
- 9.3.14. PULS GmbH
- 9.3.15. Qualcomm Inc.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes