Wireless charging market to grow by USD 12.66 Billion from 2022 to 2027 | Proliferating demand for electric vehicles will drive growth - Technavio

NEW YORK, Aug. 17, 2023 /PRNewswire/ -- The wireless charging market size is estimated to grow by USD 12,668.16 million from 2022 to 2027 at a CAGR of 25.29% according to Technavio. Download a sample report now!

Wireless charging market insights -

• Vendors: 15+, Including Delta Electronics Inc., Energizer Holdings Inc., Energous Corp., etatronix GmbH, Leggett and Platt Inc., LG Electronics Inc., Murata Manufacturing Co. Ltd., Ossia Inc., Powercast Corp., Powermat Technologies Ltd., Qualcomm Inc., Renesas Electronics Corp., Samsung Electronics Co. Ltd., Sony Group Corp., Texas Instruments Inc., WiTricity Corp., and ZENS, among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Technology (Inductive, Resonant, Radio frequency, and Others), Component (Receivers and Transmitters), and Geography (APAC, Europe, North America, Middle East and Africa, and South America)

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Wireless charging market - Company Insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors, including Delta Electronics Inc., Energizer Holdings Inc., Energous Corp., etatronix GmbH, Leggett and Platt Inc., LG Electronics Inc., Murata Manufacturing Co. Ltd., Ossia Inc., Powercast Corp., Powermat Technologies Ltd., Qualcomm Inc., Renesas Electronics Corp., Samsung Electronics Co. Ltd., Sony Group Corp., Texas Instruments Inc., WiTricity Corp., and ZENS. 

Wireless charging market – Market Dynamics

Major Drivers - Proliferating demand for electric vehicles drives the wireless charging market.

Significant Trends - Backward integration by OEMs to develop inductive charging systems is an emerging wireless charging market trend. EV manufacturers like BMW, Audi, and Daimler, are developing in-house inductive wireless charging stations for their vehicles.

Similarly, Audi introduced inductive wireless charging, which can be installed in a garage or parking port at home, which occupies an area of around 6,300 sq. cm and has a height of 7 cm and a weight of 40 kg. Hence, such trends fuel the growth of the wireless charging market during the forecast period.

Key Challenges - The high installation cost of wireless charging technology challenges the growth of the wireless charging market. 

Drivers, Trends, and Challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

The wireless charging market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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What are the key data covered in this wireless charging market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the wireless charging market between 2023 and 2027
• Precise estimation of the size of the wireless charging market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the wireless charging market across APAC, Europe, North America, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of wireless charging market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Component
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global wireless charging market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on global wireless charging market 2017 - 2021 ($ million)

• 4.2 Technology Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Technology Segment 2017 - 2021 ($ million)

• 4.3 Component Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Component Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Technology

• 6.1 Market segments
• Exhibit 30: Chart on Technology - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Technology - Market share 2022-2027 (%)

• 6.2 Comparison by Technology 
• Exhibit 32: Chart on Comparison by Technology
• Exhibit 33: Data Table on Comparison by Technology

• 6.3 Inductive - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Inductive - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Inductive - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Inductive - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Inductive - Year-over-year growth 2022-2027 (%)

• 6.4 Resonant - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Resonant - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Resonant - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Resonant - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Resonant - Year-over-year growth 2022-2027 (%)

• 6.5 Radio frequency - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Radio frequency - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Radio frequency - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Radio frequency - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Radio frequency - Year-over-year growth 2022-2027 (%)

• 6.6 Others - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by Technology 
• Exhibit 50: Market opportunity by Technology ($ million)
• Exhibit 51: Data Table on Market opportunity by Technology ($ million)

7 Market Segmentation by Component

• 7.1 Market segments
• Exhibit 52: Chart on Component - Market share 2022-2027 (%)
• Exhibit 53: Data Table on Component - Market share 2022-2027 (%)

• 7.2 Comparison by Component 
• Exhibit 54: Chart on Comparison by Component
• Exhibit 55: Data Table on Comparison by Component

• 7.3 Receivers - Market size and forecast 2022-2027 
• Exhibit 56: Chart on Receivers - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Receivers - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Receivers - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Receivers - Year-over-year growth 2022-2027 (%)

• 7.4 Transmitters - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Transmitters - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Transmitters - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Transmitters - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Transmitters - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Component 
• Exhibit 64: Market opportunity by Component ($ million)
• Exhibit 65: Data Table on Market opportunity by Component ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 67: Chart on Market share by geography 2022-2027 (%)
• Exhibit 68: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 69: Chart on Geographic comparison
• Exhibit 70: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027 
• Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027 
• Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027 
• Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027 
• Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 UK - Market size and forecast 2022-2027 
• Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.12 Japan - Market size and forecast 2022-2027 
• Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 111: Market opportunity by geography ($ million)
• Exhibit 112: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 113: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 114: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 115: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 116: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 117: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 118: Matrix on vendor position and classification

• 12.3 Delta Electronics Inc. 
• Exhibit 119: Delta Electronics Inc. - Overview
• Exhibit 120: Delta Electronics Inc. - Business segments
• Exhibit 121: Delta Electronics Inc. - Key offerings
• Exhibit 122: Delta Electronics Inc. - Segment focus

• 12.4 Energizer Holdings Inc. 
• Exhibit 123: Energizer Holdings Inc. - Overview
• Exhibit 124: Energizer Holdings Inc. - Business segments
• Exhibit 125: Energizer Holdings Inc. - Key offerings
• Exhibit 126: Energizer Holdings Inc. - Segment focus

• 12.5 Energous Corp.
• Exhibit 127: Energous Corp. - Overview
• Exhibit 128: Energous Corp. - Product / Service
• Exhibit 129: Energous Corp. - Key news
• Exhibit 130: Energous Corp. - Key offerings

• 12.6 etatronix GmbH
• Exhibit 131: etatronix GmbH - Overview
• Exhibit 132: etatronix GmbH - Product / Service
• Exhibit 133: etatronix GmbH - Key offerings

• 12.7 Leggett and Platt Inc. 
• Exhibit 134: Leggett and Platt Inc. - Overview
• Exhibit 135: Leggett and Platt Inc. - Business segments
• Exhibit 136: Leggett and Platt Inc. - Key news
• Exhibit 137: Leggett and Platt Inc. - Key offerings
• Exhibit 138: Leggett and Platt Inc. - Segment focus

• 12.8 LG Electronics Inc.
• Exhibit 139: LG Electronics Inc. - Overview
• Exhibit 140: LG Electronics Inc. - Product / Service
• Exhibit 141: LG Electronics Inc. - Key offerings

• 12.9 Murata Manufacturing Co. Ltd. 
• Exhibit 142: Murata Manufacturing Co. Ltd. - Overview
• Exhibit 143: Murata Manufacturing Co. Ltd. - Business segments
• Exhibit 144: Murata Manufacturing Co. Ltd. - Key news
• Exhibit 145: Murata Manufacturing Co. Ltd. - Key offerings
• Exhibit 146: Murata Manufacturing Co. Ltd. - Segment focus

• 12.10 Ossia Inc.
• Exhibit 147: Ossia Inc. - Overview
• Exhibit 148: Ossia Inc. - Product / Service
• Exhibit 149: Ossia Inc. - Key offerings

• 12.11 Powermat Technologies Ltd. 
• Exhibit 150: Powermat Technologies Ltd. - Overview
• Exhibit 151: Powermat Technologies Ltd. - Product / Service
• Exhibit 152: Powermat Technologies Ltd. - Key news
• Exhibit 153: Powermat Technologies Ltd. - Key offerings

• 12.12 Qualcomm Inc.
• Exhibit 154: Qualcomm Inc. - Overview
• Exhibit 155: Qualcomm Inc. - Business segments
• Exhibit 156: Qualcomm Inc. - Key news
• Exhibit 157: Qualcomm Inc. - Key offerings
• Exhibit 158: Qualcomm Inc. - Segment focus

• 12.13 Renesas Electronics Corp. 
• Exhibit 159: Renesas Electronics Corp. - Overview
• Exhibit 160: Renesas Electronics Corp. - Business segments
• Exhibit 161: Renesas Electronics Corp. - Key offerings
• Exhibit 162: Renesas Electronics Corp. - Segment focus

• 12.14 Samsung Electronics Co. Ltd. 
• Exhibit 163: Samsung Electronics Co. Ltd. - Overview
• Exhibit 164: Samsung Electronics Co. Ltd. - Business segments
• Exhibit 165: Samsung Electronics Co. Ltd. - Key news
• Exhibit 166: Samsung Electronics Co. Ltd. - Key offerings
• Exhibit 167: Samsung Electronics Co. Ltd. - Segment focus

• 12.15 Sony Group Corp.
• Exhibit 168: Sony Group Corp. - Overview
• Exhibit 169: Sony Group Corp. - Business segments
• Exhibit 170: Sony Group Corp. - Key news
• Exhibit 171: Sony Group Corp. - Key offerings
• Exhibit 172: Sony Group Corp. - Segment focus

• 12.16 Texas Instruments Inc. 
• Exhibit 173: Texas Instruments Inc. - Overview
• Exhibit 174: Texas Instruments Inc. - Business segments
• Exhibit 175: Texas Instruments Inc. - Key news
• Exhibit 176: Texas Instruments Inc. - Key offerings
• Exhibit 177: Texas Instruments Inc. - Segment focus

• 12.17 WiTricity Corp.
• Exhibit 178: WiTricity Corp. - Overview
• Exhibit 179: WiTricity Corp. - Product / Service
• Exhibit 180: WiTricity Corp. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 181: Inclusions checklist
• Exhibit 182: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 183: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 184: Research methodology
• Exhibit 185: Validation techniques employed for market sizing
• Exhibit 186: Information sources

• 13.5 List of abbreviations 
• Exhibit 187: List of abbreviations

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