Wireless Phone Charging Market Outlook: Size, Share, Trends & Growth Analysis (2024-2029)
The report covers a comprehensive analysis segmented by Technology (Inductive, Resonant, Radio Frequency (RF)), By Product Type (Charging Pads, Charging Stands, Charging Phone Cases, Others), By Application (iPhone, Android), By Geography (North America, South America, Asia Pacific, Europe, The Middle East, Africa).
Wireless Phone Charging Market Snapshot
Wireless Phone Charging Market Overview
The global wireless phone charging market is estimated to be at $2.98 Bn in 2024 and is anticipated to reach $4.36 Bn in 2029. The global wireless phone charging market is registering a CAGR of 7.91% during the forecast period 2024-2029. In terms of wireless phone charging, there are three different kinds of technology available. Charger pads use inductive charging, which is closely related electromagnetic charging. Long-distance charging is achievable using uncoupled radio frequency (RF) wireless charging, as well as loosely coupled radiation charging, which is used to charge bowls or through-surface chargers and may transmit a charge up to a few centimeters.
The availability of charging pads in public spaces like restaurants, cafes, and airports is indicative of the fast-growing wireless charging environment. Additionally, the incorporation of wireless charging capabilities into furniture such as workstations and nightstands has accelerated industry growth. For example, in July 2021, Huawei released a new multi-device smart wireless charging board with a charging area of 15W (three times the standard amount). Over the course of the projection period, there will likely be an increase in demand for wireless phone chargers due to advancements in technology.
Wireless Phone Charging Market Coverage
| Historical & Forecast Period | 2018-2029 |
| Base Year | 2023 |
| Forecast Period | 2024-2029 |
| Units | Billion US$ |
| Segments | Technology, Product Type, Application |
| Geographies | North America, South America, Asia Pacific, Europe, the Middle East, Africa |
| Key Vendors |
Samsung Electronics Co. Ltd., Qualcomm Technologies, Inc., Infineon Technologies AG, Apple, Inc., Belkin International, Inc. |
Key Geographies of Wireless Phone Charging Market, 2023
Porter’s 5 Forces Analysis of Wireless Phone Charging Market
Wireless Phone Charging Market Trends
The wireless phone charging industry is being driven by rising demand for wireless charging technology, increased smartphone penetration, and growing internet usage. An issue that prevents many smartphones and other portable electronic gadgets from properly charging their batteries has arisen because of increased internet usage. A quick wireless radio frequency energy-based charger could be the solution. Therefore, during the course of the forecast period, the market for wireless charging is anticipated to increase as a consequence of the general need for efficient charging solutions for mobile and portable devices. The growing popularity of wearable gadgets, such as smartwatches and wireless earphones, has generated a new market for wireless charging products. Adaptable wireless charging pads are in high demand because consumers desire charging options that are compatible with a wide range of devices.
The market is witnessing a growing quantity of connected devices as the Internet of Things (IoT) technology keeps developing. For instance, in April 2023, Qualcomm Technologies, Inc. released many IoT technologies, including the Qualcomm QCS8550, Qualcomm QCM8550, Qualcomm QCS4490, and Qualcomm QCM4490 processors. Wireless charging technology can also facilitate greater connectivity among IoT devices. Therefore, the enhanced connectivity enables more sophisticated IoT applications, such as predictive maintenance and real-time monitoring, driving demand for wireless charging solutions.
Wireless Phone Charging Market Driving Factors
With the global popularity of smartphones, the demand for easy charging solutions has increased. Wireless charging provides the convenience of charging without the need for cords, making it an appealing feature to users. The advancement of wireless charging technology has led to enhanced device interoperability, faster charging periods, and higher levels of efficiency. Innovations like resonant charging, gallium nitride (GaN) technology, and magnetic resonance coupling have addressed earlier limits and improved the potential of wireless charging. These technological breakthroughs increase consumer confidence and adoption of wireless charging.
The ability to charge mobile devices like smartphones wirelessly is quite alluring. Wireless charging is becoming increasingly popular in retail, office, home, and automotive environments. For example, the TDK coils, which are compatible with the widely adopted Qi standard by the Wireless Power Consortium, will create new avenues for the deployment of wireless charging due to their much-reduced widths.
Wireless Phone Charging Market Challenges
Compatibility difficulties in the wireless phone charging business are anticipated to present some challenges. Despite the widespread use of wireless charging standards like Qi, not all devices are compatible with all wireless chargers. Compatibility issues may arise from a device’s particular needs or restrictions. Furthermore, users may find it confusing when gadgets have different power outputs and charging speeds. Certifications and regulatory requirements have a substantial impact on the wireless charging industry. To ensure the dependability and compatibility of wireless charging equipment, manufacturers are required to abide by the safety and interoperability standards set forth by regulatory agencies.
Wireless Phone Charging Market – Key Industry News
- In December 2024, Belkin expanded its wireless charger lineup with the introduction of two Belkin Qi2 wireless chargers at CES 2024. These can charge Apple iPhones at 15 watts and should also work with future Android phones that support the new Qi2 standard.
- In March 2023, Infineon Technologies AG acquired GaN Systems Inc, an Ottawa-based business that delivers a diverse portfolio of gallium nitride (GaN)-based power conversion technologies and cutting-edge application expertise. Infineon acquired $830 million to purchase GaN Systems.
- In June 2022, TDK Corp. launched a tiny pattern coil to enable wireless charging of next-generation mobile devices. Mass production started in May 2022.
Wireless Phone Charging Market Competitive Landscape
The participants in the global wireless phone charging industry are always developing their strategies to preserve a competitive advantage. The companies primarily use acquisitions, R&D, partnerships, and technological launches to enhance their respective market share. They emphasize on collaborating with smartphone manufacturers to integrate their wireless charging solutions into mobile devices. Several important entities in the wireless phone charging market include Samsung Electronics Co. Ltd., Qualcomm Technologies, Inc., Infineon Technologies AG, Apple, Inc., Belkin International, Inc., and others.
Wireless Phone Charging Market Company Share Analysis, 2023(%)
Wireless Phone Charging Market – Key Companies
Reason to Buy from us
Table of Contents
| 1. Introduction |
|---|
| 1.1. Research Methodology |
| 1.2. Scope of the Study |
| 2. Market Overview / Executive Summary |
| 2.1. Global Wireless Phone Charging Market (2018 – 2022) |
| 2.2. Global Wireless Phone Charging Market (2023 – 2029) |
| 3. Market Segmentation |
| 3.1. Global Wireless Phone Charging Market by Technology |
| 3.1.1. Inductive |
| 3.1.2. Resonant |
| 3.1.3. Radio Frequency (RF) |
| 3.2. Global Wireless Phone Charging Market by Product Type |
| 3.2.1. Charging Pads |
| 3.2.2. Charging Stands |
| 3.2.3. Charging Phone Cases |
| 3.2.4. Others |
| 3.3. Global Wireless Phone Charging Market by Application |
| 3.3.1. iPhone |
| 3.3.2. Android |
| 4. Regional Segmentation |
| 4.1. North America |
| 4.1.1. The U.S |
| 4.1.2. Canada |
| 4.1.3. Mexico |
| 4.2. South America |
| 4.2.1. Brazil |
| 4.2.2. Argentina |
| 4.2.3. Colombia |
| 4.2.4. Chile |
| 4.2.5. Rest of South America |
| 4.3. Asia Pacific |
| 4.3.1. China |
| 4.3.2. India |
| 4.3.3. Japan |
| 4.3.4. South Korea |
| 4.3.5. Rest of Asia Pacific |
| 4.4. Europe |
| 4.4.1. UK |
| 4.4.2. Germany |
| 4.4.3. Italy |
| 4.4.4. France |
| 4.4.5. Spain |
| 4.4.6. Rest of Europe |
| 4.5. The Middle East |
| 4.5.1. Turkey |
| 4.5.2. UAE |
| 4.5.3. Saudi Arabia |
| 4.5.4. Rest of the Middle East |
| 4.6. Africa |
| 4.6.1. Egypt |
| 4.6.2. South Africa |
| 4.6.3. Rest of Africa |
| 5. Value Chain Analysis of the Global Wireless Phone Charging Market |
| 6. Porter Five Forces Analysis |
| 6.1. Threats of New Entrants |
| 6.2. Threats of Substitutes |
| 6.3. Bargaining Power of Buyers |
| 6.4. Bargaining Power of Suppliers |
| 6.5. Competition in the Industry |
| 7. Trends, Drivers, and Challenges Analysis |
| 7.1. Market Trends |
| 7.1.1. Market Trend 1 |
| 7.1.2. Market Trend 2 |
| 7.1.3. Market Trend 3 |
| 7.1.4. Market Trend 4 |
| 7.1.5. Market Trend 5 |
| 7.2. Market Drivers |
| 7.2.1. Market Driver 1 |
| 7.2.2. Market Driver 2 |
| 7.2.3. Market Driver 3 |
| 7.2.4. Market Driver 4 |
| 7.2.5. Market Driver 5 |
| 7.3. Market Challenges |
| 7.3.1. Market Challenge 1 |
| 7.3.2. Market Challenge 2 |
| 7.3.3. Market Challenge 3 |
| 7.3.4. Market Challenge 4 |
| 7.3.5. Market Challenge 5 |
| 8. Regulatory Landscape |
| 9. Competitive Landscape |
| 9.1. Samsung Electronics Co. Ltd. |
| 9.2. Qualcomm Technologies, Inc. |
| 9.3. Infineon Technologies AG |
| 9.4. Apple, Inc. |
| 9.5. Belkin International, Inc. |
| 9.6. Company 6 |
| 9.7. Company 7 |
| 9.8. Company 8 |
| 9.9. Company 9 |
| 9.10. Company 10 |
Wireless Phone Charging Market- Frequently Asked Questions (FAQs)
What is the current size of the global wireless phone charging market?
The market size for the global wireless phone charging market in 2024 is $2.98 Bn.
Who are the major vendors in the global wireless phone charging market?
The major vendors in the global wireless phone charging market are Samsung Electronics Co. Ltd., Qualcomm Technologies, Inc., Infineon Technologies AG, Apple, Inc., Belkin International, Inc.
Which segments are covered under the global wireless phone charging market segments analysis?
This report offers in-depth insights into each technology, product type, application.