Market Overview:
The global wireless phone chargers market size is projected to be valued at USD 4.31 Billion by 2032 at a CAGR of 4.50% between 2023 and 2032.
Wireless charging is the process of transferring power from a power outlet to the device without using the cable. The growing demand for smartphones and technological innovations by smartphone manufacturers support the growth of the global wireless phone chargers market. Europe & Asia Pacific markets witness the increasing demand for wireless phone chargers among the consumers. The wireless phone chargers market growth has registered tremendous in the past few years, and the same trend is expected to continue during the forecast period. The key players in the market have been responsive to shifting consumer preferences and are focused on strategic acquisitions, product launches, and partnerships. For instance, on 7 January, Pop Sockets announced the product launch of a home charger, powered by NuCurrent, at the consumer electronics show. All the factors are anticipated to create substantial growth opportunities for the growth of the global wireless phone chargers market.
Key Players:
The key players wireless phone chargers market of Samsung Electronics Co. Ltd. (South Korea), Qualcomm Technologies Inc. (US), Infineon Technologies AG. (Germany), Energous Corporation (US), Belkin International, Inc. (US), Pop Sockets LLC (US), NXP Semiconductors (Netherlands), Integrated Device Technology, Inc. (US), TDK Corporation (Japan), Air Charge (UK)
Market Segmentation:
The wireless phone charger Industry can be segmented based on product type, technology, distribution channel, and geography. Here is a brief overview of each segment and the regional analysis associated with the market:
Product Type
Charging Pads: These are flat charging mats where users can place their smartphones for wireless charging.
Charging Stands: These chargers hold the phone in an upright position, allowing users to view the screen while charging.
Charging Car Mounts: These chargers are designed for in-car wireless charging, providing convenience during travel.
Technology
Inductive Charging: This technology uses electromagnetic fields to transfer energy from the charging pad to the phone.
Resonant Charging: It employs resonant inductive coupling, allowing more flexible placement and charging multiple devices simultaneously.
Radio Frequency (RF) Charging: This emerging technology uses radio waves to transmit power to the phone without physical contact.
Distribution Channel
Online Retail: Wireless phone chargers are widely available through various online platforms and e-commerce websites.
Offline Retail: These include brick-and-mortar stores, electronic retail outlets, and mobile accessory shops.
Regional Analysis:
North America: The region has a high adoption rate of wireless phone chargers due to technological advancements and strong consumer demand.
Europe: European countries are witnessing increased wireless charger adoption, driven by the growing smartphone market and environmental concerns.
Asia Pacific: This region is a major consumer of wireless phone chargers, led by countries like China, Japan, and South Korea, known for their tech-savvy population.
Latin America: The wireless phone charger market is gradually expanding in this region due to rising smartphone penetration and the increasing popularity of wireless charging technology.
Middle East and Africa: With the growing smartphone market and improving infrastructure, the demand for wireless phone chargers is increasing in this region as well.
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