Wireless Charging Market Forecast 2028, & 24.4% CAGR Growth

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MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled Wireless Charging Market Research Report: Forecast (2023-2028). This report provides a detailed assessment of the Wireless Charging Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

  • Historical Years: 2018-21
  • Base Years: 2022
  • Forecast year - 2023-2028

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Download a FREE PDF Sample of the Report: https://www.marknteladvisors.com/query/request-sample/wireless-charging-market.html  (Discover the market potential, platform-specific insights, and key industry trends.)

Wireless Charging Market Outlook

According to the report, The Global Wireless Charging Market is projected to grow at a CAGR of around 24.4% during the forecast period, i.e., 2023-28. The rising adoption of wireless technology in consumer electronics is one of the chief factors that propel the overall market growth. Consumers are opting for chargers with increased positioning freedom, shorter charging times, and other features.

 

Therefore, the hassle-free solutions in wireless charging sufficed the increased demand among consumers. Thus, the growth of these wireless solutions, along with machine-machine and IoT connectivity, creates an overall demand for wireless technology. The increasing tendency toward wireless gadgets, with the burgeoning number of multiple device adoption in consumers' day-to-day lives, will serve as a prominent driving force for advanced charging technology development.

The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.

Wireless Charging Market Drivers:

Innovation of Multi-Device Chargers for Simultaneous Charging

The innovation of multi-device chargers that simultaneously charge multiple devices is driving the market with the added benefits of saving time charging various devices and smart energy utilization. Further, industries are investing in developing radio frequency (RF) based wireless technology that can rapidly charge multiple devices within a 3D range.

View Full Report (All Data, In One Place): https://www.marknteladvisors.com/research-library/wireless-charging-market.html  (Explore in-depth analyses, technological trends, and investment patterns.)

Wireless Charging Market Trends:

Rising Trend of Drop & Charge based on Induction Charging

The surging trend of wireless charging as drop and charge through induction charging technology fuel the market expansion. Induction charging is based on the principle of electromagnetism when two objects, mainly transmitter and receiver, transfer energy through the electromagnetic field without touching each other. Further, along with the electromagnetic field, it uses other technologies, such as radio frequency (RF), to solve charging problems in numerous devices. As induction charging completely eliminates the requirement of cable or contact between the charger and the device, it has been exponentially trending among gadget enthusiasts propelling industrial growth.

Wireless Charging Market Segmentation

The study categorizes the Wireless Charging Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

By Technology

  • Magnetic Resonance
  • Magnetic Induction
  • Radio Frequency

By Implementation

  • Transmitters
  • Receivers
  • Aftermarket
  • Integrated

By Application

  • Consumer Electronics
  • Automotive
  • Healthcare
  • Industrial
  • Others (Aerospace and Defence, etc.)

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

By Region

  • North America
  • South America
  • Europe     
  • The Middle East & Africa
  • Asia-Pacific

Talk to Our Industry Analyst: https://www.marknteladvisors.com/query/talk-to-our-consultant/wireless-charging-market.html  Get personalized insights into company strategies and regional market dynamics.)

Leading Companies in Wireless Charging Market Worldwide: Players, Analysis & Future Outlook

Samsung, Energous Corporation, Powermat, Powercast Corporation, Elix Wireless, Zens, Energizer, Ossia Inc., Evatran Group, Leggett & Platt, Fulton Innovation LLC, Murata Manufacturing Company Ltd., Qualcomm Technologies, Inc., Sony Corporation, Texas Instruments, Inc., and others are the top companies in the Wireless Charging Market.

Key Highlights of the Report

  • Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2023 to 2028.
  • Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
  • Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
  • Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/research-library/wireless-charging-market.html  

Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the Wireless Charging Market?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the Wireless Charging Market?
4. Who are the prominent players in the Wireless Charging Market?
5. How is the competition structured in this market?
6. How can I access the full report?

About Us

MarkNtel Advisors is a leading research and consulting firm providing strategic intelligence across the automotive industry, spanning automobiles, electric vehicles, autonomous driving, and automotive components & electronics. Our research helps OEMs, suppliers, and investors navigate regulatory shifts, evolving mobility patterns, and emerging EV ecosystems. With Custom Market Analysis, we deliver tailored research solutions that address specific business objectives, empowering clients to optimize investments, accelerate innovation, and sustain long-term growth in the global automotive market.

Reach Us:

MarkNtel Advisors

Sector 63, Noida, Uttar Pradesh-201301, India

Contact No: +91 8719999009

Email: sales@marknteladvisors.com

Website: https://www.marknteladvisors.com

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