Wireless Charging Market Report Scope & Overview:

Wireless Charging Market was valued at USD 5.95 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 24.1% from 2023 to 2030 and it will reach USD 33.51 billion in 2030.

Wireless charging is a reliable, convenient, and safe way to power and charge electrical devices. Furthermore, by removing the usage of physical connectors and cables, it outperforms standard charging systems in terms of efficiency, affordability, and safety. It also ensures that all devices (handheld industrial gadgets, smartphones, heavy-duty equipment, and others) are charged and ready to use.

Wireless Charging Market Revenue Analysis

Get more information on Wireless Charging Market - Request Sample Report

Drivers The Humavox Company pioneered a new wireless charging trend known as drop & charge, in which the charge station is designated as a key or box, and the receiver must be pressed against the transmitter using induction  charging. Such characteristics benefit customers by improving product design, usability, and reliability. Because of their heavy use of the internet, many smartphones and devices have charging challenges, which can be solved by using a fast-wireless RF energy base charger. As demand for efficient charging solutions grows, the market for wireless charging is expected to grow rapidly.

Opportunities Inductive charging is a widespread method for charging consumer electronics and electric vehicles wirelessly. Magnetic resonance improves efficiency by allowing power to be sent across greater distances between the receiver and transmitter. The efficiency of wireless charging is determined by the power available to charge the device with the wireless transmitter's power. It is important for wireless power as it controls how hot the battery is and how much power is wasted. A smaller and less expensive charger should be to produce the same amount of electricity, increasing efficiency.

Restraints For devices that implement the Qi wireless charging standard, wireless charging is convenient. Devices that are not supported to the Qi wireless charging standard are mismatched with the charging pad. As a result, accessory manufacturers are already marketing wireless charging alternatives for these devices.For various devices, different types of wireless chargers, such as charging pads, charging bowls, and charging boxes, are required, posing a compatibility challenge. As a result, in order to accommodate a variety of items, a user is compelled to purchase a significant number of wireless chargers.

Challenges Wireless charging is more expensive than wired charging, but wired charging is faster. The majority of manufacturers offer a wired charger with their devices. Wireless charging, while convenient and portable, necessitates the use of Qi-compatible devices, making it unsuitable for many products. As wireless charging pads become larger and adapters become smaller and more sturdy, customers are showing a stronger preference for traditional charging solutions. As a result, the rapid adoption of wireless charging technologies is expected to be limited.



Due to changing consumer lifestyle preferences, urbanization, and growth in internet users, smartphones, laptops, tablets, MP3 players, wearables, gaming consoles, and personal digital assistants (PDAs) are in high demand, particularly in Asia Pacific. As a result, consumer electronics companies are increasingly using wireless charging solutions. For example, OnePlus announced in April 2020 that the OnePlus 8 series would have Warp Charge 30 wireless charging. The company developed the Warp wireless direct charging architecture, which allows for real-time communication between the smartphone and a specialised chip and wireless charger. These characteristics are attributed to consumer electronics having the largest market share in the wireless charging business over the forecast period.


Despite being a relatively new technology, inductive has had a significant impact on the market, accounting for almost half of its total revenue in 2021. Inductive technologies are used at advanced levels such as WPC (Qi technology) and PMA. In addition, inductive technology is used to power electric vehicles (EVs). The most profitable technology in this field is expected to be resonant and radio frequency (RF). Resonant technology allows objects to be powered at shorter distances without the need for direct contact, making them much easier. Many gadgets can be charged at the same time with this technology. RF-based technology is predicted to gain popularity in small equipment such as wearables and medical stamps because it eliminates the requirement for perfect alignment. This technology is used by companies like Humavox.


The COVID-19 impact prediction for the wireless charging market in this study is based on the quarterly and annual reports of the companies under review. In-depth interviews have confirmed the market's downtrend in 2020. Governments have enacted strict legislation to ensure that all manufacturing enterprises operate in a safe environment, therefore the market is expected to rise after the COVID-19 crisis is settled. At the moment, wireless charging is widely employed in the consumer electronics and automotive industries.



  • Inductive

  • Resonant

  • Radiofrequency

  • Magnetic Resonance

  • Others


  • Transmitters

  • Receivers


  • consumer electronics

  • medical

  • healthcare

  • automotive

  • industrial

  • Electronics

  • Industrial

  • Aerospace & Defense

  • Automotive

Wireless Charging Market Segmentation Analysis

Need any Customization on Wireless Charging Market - Enquiry Now


Global wireless charging market trends are examined in North America (the United States, Canada, and Mexico), Europe (the UK , Itley, Germany, France, and the rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Taiwan, and the rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa) (Latin America, Middle East, and Africa). North America accounted for the highest part due to the expansion of the electronics sector and growing EV sales. Europe was the second greatest contributor in terms of revenue and is expected to expand significantly throughout the projection period due to a surge in demand for fuel-efficient and long-lasting charging solutions for electronic equipment such as power tools and portable gadgets.


  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America


Competitive landscape of the leading wireless charging market, includes Samsung Electronics Co., Qualcomm Incorporated, Integrated Device Technology, Fulton Innovation LLC, WiTricity Corporation, Murata Manufacturing Co. Ltd., Sony Corporation, Texas Instruments, Energizer Holdings, Inc, Renesas Electronics Corporation, Powermat Technologies Ltd and other.

Samsung Electronics Co-Company Financial Analysis

Wireless Charging Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 5.95 Billion
Market Size by 2030 US$ 33.51 Billion
CAGR CAGR of 24.1% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Technology (Inductive, Resonant, Radiofrequency, Magnetic Resonance, Others)
• By Implementation (Transmitters, Recievers)
• By Application (Consumer, Electronics, Medical, Healthcare, Automotive, Industrial , Electronics, Industrial, Aerospace & Defense, Automotive)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Samsung Electronics Co., Qualcomm Incorporated, Integrated Device Technology, Fulton Innovation LLC, WiTricity Corporation, Murata Manufacturing Co. Ltd., Sony Corporation, Texas Instruments, Energizer Holdings, Inc, Renesas Electronics Corporation, Powermat Technologies Ltd and other.

Frequently Asked Questions

The wireless Charging Market size was valued at 4.8 million in 2021 at a CAGR of 24.1%.

Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.

Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.

In the wireless charging sector, North America commands the largest market share.

Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

8. Global Wireless Charging Market Segmentation, by technology

8.1 Introduction

8.2 Inductive

8.3 Resonant

8.4 Radiofrequency

8.5 Magnetic Resonance

8.6 Others

9. Global Wireless Charging Market Segmentation, by implementation

9.1 Introduction

9.2 Transmitters

9.3 Recievers

10. Global Wireless Charging Market Segmentation, By application

10.1 Introduction

10.2 consumer electronics

10.3 medical

10.4 healthcare

10.5 automotive

10.6 industrial

10.7 Electronics

10.8 Industrial

10.9 Aerospace & Defense

10.10 Automotive

10.10 Other

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2    Canada

11.2.3    Mexico

11.3        Europe

11.3.1    Germany

11.3.2    UK

11.3.3    France

11.3.4    Italy

11.3.5    Spain

11.3.6    The Netherlands

11.3.7    Rest of Europe

11.4        Asia-Pacific

11.4.1    Japan

11.4.2    South Korea

11.4.3    China

11.4.4    India

11.4.5    Australia

11.4.6    Rest of Asia-Pacific

11.5   The Middle East & Africa

11.5.1    Israel

11.5.2    UAE

11.5.3    South Africa

11.5.4    Rest

11.6     Latin America

11.6.1    Brazil

11.6.2    Argentina

11.6.3    Rest of Latin America

12. Company Profiles

12.1 Samsung Electronics Co.

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 Qualcomm Incorporated Inc.

12.3 Integrated Device Technology Inc.

12.4 Fulton Innovation LLC

12.5 WiTricity Corporation

12.6 Murata Manufacturing Co. Ltd.

12.7 Sony Corporation

12.8 Texas Instruments

12.9 Energizer Holdings, Inc

12.11 Renesas Electronics Corporation

12.12 Powermat Technologies Ltd

13. Competitive Landscape

13.1 Competitive Benchmarking

13.2 Market Share analysis

13.3 Recent Developments

14. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.


The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Start a Conversation

Hi! Click one of our member below to chat on Phone