Market Forecast By Technology (Resonant, RF, Inductive, Others), By Applications (Healthcare, Automotive, Consumer Electronics, Industrial, Others) And Competitive Landscape
Product Code: ETC072247 | Publication Date: Jun 2021 | Updated Date: Jun 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | South Africa Wireless Charging Market |
Forecast period | 2024-2030 |
CAGR | 18% |
Growing Sector | Consumer Electronics |
South Africa Wireless Charging Market report thoroughly covers the market by technology and by application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
South Africa Wireless Charging Market is dynamic and evolving and is projected to attain significant growth in the coming years driven by increasing demand for mobile devices and rising adoption of Electric Vehicles. The wireless charging market in South Africa is poised for notable expansion as both consumer electronics and electric vehicles (EVs) gain traction. Wireless charging technology, which allows devices to be powered without the need for physical connectors, is increasingly being incorporated into smartphones, wearable devices, and other consumer electronics. This is driven by the convenience it offers and the growing preference among consumers for clutter-free charging solutions.
According to 6Wresearch, the South Africa Wireless Charging Market size is expected to grow at a significant CAGR of 18% during 2024-2030. This growth is propelled by increasing demand for mobile devices and rising adoption of Electric Vehicles. Firstly, the increasing adoption of smartphones and other electronic devices has created a higher demand for convenient charging options. With more people relying on their devices for various tasks, the need for reliable and efficient charging solutions has become crucial. Additionally, advancements in technology have led to the development of faster and more efficient wireless charging options, making it a more attractive choice for consumers. Moreover, the adoption of electric vehicles is on the rise in South Africa. Wireless charging solutions for electric vehicles offer convenience and ease of use, contributing to the growth of the wireless charging market in the automotive sector. These factors will influence the South Africa Wireless Charging Market Growth.
Despite the growth prospects, there are some challenges in the Wireless Charging market. Some of the challenges related to cost and affordability and charging efficiency. One of the main challenges is compatibility issues. With many different devices using different charging standards, it can be difficult for consumers to find a wireless charger that is compatible with their device. The cost of wireless charging infrastructure, including charging pads, stations, and installation, can be prohibitive for consumers and businesses. High costs compared to traditional charging methods can deter widespread adoption of wireless charging technology.
Some of the key players operating in the South Africa Wireless Charging market include Samsung Electronics Co., Ltd., Apple Inc., Sony Corporation and LG Electronics Inc. These companies provide a range of wireless chargers for various products.
Government regulations play a significant role in the South Africa Wireless Charging Market. The South African government has taken initiatives to promote the use of wireless charging technology. The Department of Telecommunications and Postal Services (DTPS) established a Wireless Power Consortium (WPC) Task Team to develop standards for wireless charging in the country. This move is expected to boost the adoption of wireless charging in various sectors, such as healthcare, automotive, and consumer electronics.
The South Africa Wireless Charging Market has been experiencing significant growth over the past few years. Several factors will shape the future of the market. The demand for wireless charging is expected to expand due to growing usage in electronics and EVs. Wireless charging technology is expected to see increased adoption across various industries beyond consumer electronics. With the rise in popularity of electric vehicles, wireless charging technology is also being integrated into cars, providing a convenient way for drivers to charge their vehicles without the need for cables or cords.
According to Dhaval, Research Manager, 6Wresearch, the inductive charging segment holds the dominant share in the South Africa market. This is due to its widespread use and familiarization among consumers, as well as its compatibility with a variety of electronic devices including smartphones, wearables, and tablets.
On the basis of Application, the consumer electronics segment holds the dominant share in the South African wireless charging market. This can be attributed to the increasing use of smartphones, smartwatches, and other electronic devices in everyday life.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Africa Wireless Charging Market Overview |
3.1 South Africa Country Macro Economic Indicators |
3.2 South Africa Wireless Charging Market Revenues & Volume, 2020 & 2030F |
3.3 South Africa Wireless Charging Market - Industry Life Cycle |
3.4 South Africa Wireless Charging Market - Porter's Five Forces |
3.5 South Africa Wireless Charging Market Revenues & Volume Share, By Technology, 2020 & 2030F |
3.6 South Africa Wireless Charging Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 South Africa Wireless Charging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Africa Wireless Charging Market Trends |
6 South Africa Wireless Charging Market, By Types |
6.1 South Africa Wireless Charging Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 South Africa Wireless Charging Market Revenues & Volume, By Technology, 2020 - 2030F |
6.1.3 South Africa Wireless Charging Market Revenues & Volume, By Resonant, 2020 - 2030F |
6.1.4 South Africa Wireless Charging Market Revenues & Volume, By RF, 2020 - 2030F |
6.1.5 South Africa Wireless Charging Market Revenues & Volume, By Inductive, 2020 - 2030F |
6.1.6 South Africa Wireless Charging Market Revenues & Volume, By Others, 2020 - 2030F |
6.2 South Africa Wireless Charging Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 South Africa Wireless Charging Market Revenues & Volume, By Healthcare, 2020 - 2030F |
6.2.3 South Africa Wireless Charging Market Revenues & Volume, By Automotive, 2020 - 2030F |
6.2.4 South Africa Wireless Charging Market Revenues & Volume, By Consumer Electronics, 2020 - 2030F |
6.2.5 South Africa Wireless Charging Market Revenues & Volume, By Industrial, 2020 - 2030F |
6.2.6 South Africa Wireless Charging Market Revenues & Volume, By Others, 2020 - 2030F |
7 South Africa Wireless Charging Market Import-Export Trade Statistics |
7.1 South Africa Wireless Charging Market Export to Major Countries |
7.2 South Africa Wireless Charging Market Imports from Major Countries |
8 South Africa Wireless Charging Market Key Performance Indicators |
9 South Africa Wireless Charging Market - Opportunity Assessment |
9.1 South Africa Wireless Charging Market Opportunity Assessment, By Technology, 2020 & 2030F |
9.2 South Africa Wireless Charging Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 South Africa Wireless Charging Market - Competitive Landscape |
10.1 South Africa Wireless Charging Market Revenue Share, By Companies, 2023 |
10.2 South Africa Wireless Charging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |