Wireless Charging Market Size, Dynamics, Growth, Scope, Analysis 2026

1. MarketsandMarkets Presents Wireless Charging Market Size, Dynamics, Growth, Scope, Analysis 2026 Wireless Charging Market Size, Share and Industry Growth Analysis Report by Implementation (Transmitters, Receivers), Technology (Magnetic Resonance, Inductive, Radio Frequency), Application (Consumer Electronics, Healthcare, Automotive), and Region - Global Growth Driver and Industry Forecast to 2026 https://www.marketsandmarkets.com/Market-Reports/wireless-charging-market-640.html

2. Wireless charging market size is projected to reach USD 13.4 billion by 2026 from USD 4.5 billion in 2021, at a compound annual growth rate (CAGR) of 24.6% between 2021 and 2026. The growing adoption of wireless technologies in consumer electronics industry, and growing sales of electriv vehicles (EV) are few of the primary factors driving market growth. Moreover, increase in use of wireless technology to charge warehouse trucks will create huge opportunities for wireless chargers in near future.. Browse 112 market data Tables and 48 Figures spread through 167 Pages and in-depth TOC on "Wireless Charging Market - Global Forecast to 2026"

3. Opportunity: Use of wireless technology to charge warehouse trucks Charging the complex batteries of warehouse trucks during the working cycle is a time-consuming process. Some batteries do not supply full power once they reach 50% depletion, resulting in partial charging of the device. Many operators maintain complex charging schedules to escape utility cost fines during peak hours. In order to overcome these issues, an inductive battery charging system is used for vehicle fleets; it can be installed in the warehouse environment without the need for extensive space-consuming infrastructure, and helps increase the productivity of logistics up to 30%. Wireless charging helps maintain the batteries of warehouse trucks at a steady level. It eliminates long charging breaks during which trucks are forced to remain idle, and does away with the need for time-consuming replacement of the overall battery troughs. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=640 Challenge: Expensive infrastructure needed for dynamic charging The growth of the wireless charging system for electric vehicles (EV) is at the emerging phase of its market cycle. Dynamic wireless charging EVs use the wireless power transfer technology. Vehicles can be charged by a wireless charger fixed under the floor of the car parking area. Charging can also be done through the dynamic wireless charging process, while the vehicles are in transit lanes. However, in the dynamic wireless charging system, the battery and charging infrastructure, known as the power track, require a large initial investment. This is expected to present a challenge for players operating in the global wireless charging market during the forecast period.

4. Transmitters for wireless charging market is expected to grow at higher CAGR during forecasted period The transmitters for wireless charging market size is expected to grow at higher CAGR owing to the growth of new innovation by the startup players in the market. For instance, FLI Charge, a US-based startup, is offering wireless charging technology-based devices that comprise conductive modules and powered surfaces. These devices are suitable for charging smartphones and other consumer electronics, as well as low energy-consuming medical and industrial devices. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=640 Magnetic Resonance technology for wireless charging market is one of the fastest growing segment during forecasted period Magnetic resonance is a wireless charging method for objects requiring a large amount of power - up to 11kW. This wireless charging method is used to charge multiple devices from the same charger. It is the most versatile wireless charging system and used for objects such as electric cars, laptops, computers, and vacuum cleaners. Companies providing magnetic resonance technology include Infineon, Energizer, and WiTricity. In May 2020, China Electricity Council introduced a set of national standards for wireless charging electric vehicles that are based on the magnetic resonance charging technology developed and patented by WiTricity. Standardization is vital for large-scale deployment of wireless charging electric vehicles (EVs), in China and across the globe; it allows any electric vehicle with wireless capability to use a standard wireless charger.

5. Wireless charging market analysis in APAC region is expected to record the highest CAGR during the forecast period The market in APAC region is expected to record the highest growth rate from 2020 to 2026, due to the presence of developing countries such as India and China. The region is a major raw material manufacturing hub for consumer electronics, automotive, and healthcare applications. However, due to the COVID-19 outbreak, various countries announced lockdowns that halted production activities, disrupted supply chain activities, and resulted in revenue losses. This impacted various markets in the APAC region, including the wireless charging market, in 2020. Top Wireless Charging Companies - Key Market Players The wireless charging players have implemented various types of organic as well as inorganic growth strategies, such as new product launches, contracts, partnerships and, business expansions, to strengthen their offerings in the market. Energizer Holdings, Inc. (US), Ossia Inc. (US), Samsung Group (South Korea), WiTricity Corporation (US), Evatran Group (US), Leggett & Platt (US), Energous Corporation (US), Powermat (Israel), Momentum Wireless Power (US), Powercast Corp. (US), Elix Wireless (Canada), and Zens (Netherlands), are the major companies in the wireless charging market.

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