Market Forecast by Countries (United States, Canada), By Technology (Resonant, RF, Inductive, Others), By Applications (Healthcare, Automotive, Consumer Electronics, Industrial, Others) And Competitive Landscape
Product Code: ETC075170 | Publication Date: Aug 2021 | Updated Date: Nov 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | North America Wireless Charging Market |
Base Year | 2022 |
Historical Period | 2019-2022 |
Forecast Period | 2023-2029 |
Growth Rate (CAGR) | 24.9% |
Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
Segment Coverage | By Countries, By Technology, By Applications |
Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
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North America Wireless Charging Market thoroughly covers the market by countries, by technology and by application. The outlook 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.
North America Wireless Charging Market is projected to grow in the forecast period mainly due to the increasing adoption of wireless charging technology in various consumer electronic devices such as smartphones, smartwatches, and wireless earbuds.
According to 6Wresearch, North America Wireless Charging Market is registering a CAGR of 24.9% during the forecast period. The key factor for the growth of the market is the growing emphasis on the Internet of Things (IoT) and the increasing number of IoT devices which has created immense demand for wireless charging solutions. The automotive industry has played a major role in bolstering the market. The rising popularity of electric vehicles (EVs) has fuelled the demand for wireless charging solutions and this has created a favourable market opportunity for companies specializing in wireless charging infrastructure and technology. The increase of smart homes and the integration of wireless charging technology into household instruments and furniture have also contributed to the major growth of the North America wireless charging Market in 2023. There are certain challenges present in the market. Interoperability is a major challenge in the market. There are several different wireless charging standards and technologies in the market which has created competition among the manufacturers. This lack of standardization can create confusion for consumers and hinder the widespread adoption of wireless charging technology.
Wireless charging plays a vital role in the field of information and communication technology. It has gained popularity in portable devices, because it eliminates the need for exposed ports and cables. These devices receive power wirelessly by transferring energy from a power source to the device using coils within wireless chargers. The demand for wireless charging has increased in recent years, primarily driven by the growing use of portable devices. The rise in electric vehicle adoption is also a significant driver for the wireless charging market, as customers seek seamless long-distance travel without the hassle of physically plugging in chargers. The Internet of Things (IoT) has contributed to the demand for wireless charging due to its convenient approach to powering IoT networks. The wireless charging solutions are finding applications in various sectors such as automotive and healthcare, further fueling market growth. Major players like Google, Samsung, and Apple are investing in technological advancements and innovations to expand their market presence in different regions, and these trends are expected to propel the wireless charging market's growth in the forecast period.
The North America wireless charging market had a multifaceted impact due to the outbreak of the COVID-19 pandemic. The market experienced disruptions in supply chains due to lockdowns imposed by the authorities, factory closures, and restrictions on international trade, which affected the production and availability of wireless charging components and devices in the market. This led to delays in product launches and slowed down the growth momentum of the market. The market is an integral part of the Global Wireless Charging Market and these factors negatively affected the market. As the pandemic progressed, some aspects of the wireless charging market witnessed major growth. With more people working from home and relying heavily on their electronic devices, there was an increased demand for convenient charging solutions. There was the need for a contactless and hassle-free way to keep devices powered up and it led to an increase in the popularity of Wireless charging instruments during the pandemic.
These are the major key players in the market who are involved in the supply and production of wireless charging equipment. These companies have led to an increase in the North America Wireless Charging Market Growth.
According to Dhaval, Research Manager, 6Wresearch based on countries, the United States is expected to dominate the market on account of a strong presence of technological companies.
Inductive wireless charging is expected to dominate the North American wireless Charging Industry due to its wide use in smartphones, wearable devices, and some automotive applications. The convenience of this technology has fuelled the growth of the market.
Consumer Electronics is expected to dominate the market in the forecast year on account of its wide use in smartphones, smartwatches, and other consumer devices and this major factor will lead to an increase in North America Wireless Charging Market Share.
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 North America Wireless Charging Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Wireless Charging Market Revenues & Volume, 2022 & 2029F |
3.3 North America Wireless Charging Market - Industry Life Cycle |
3.4 North America Wireless Charging Market - Porter's Five Forces |
3.5 North America Wireless Charging Market Revenues & Volume Share, By Countries, 2022 & 2029F |
3.6 North America Wireless Charging Market Revenues & Volume Share, By Technology, 2022 & 2029F |
3.7 North America Wireless Charging Market Revenues & Volume Share, By Applications, 2022 & 2029F |
4 North America Wireless Charging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Wireless Charging Market Trends |
6 North America Wireless Charging Market, 2019 - 2029 |
6.1 North America Wireless Charging Market, Revenues & Volume, By Technology, 2019 - 2029 |
6.2 North America Wireless Charging Market, Revenues & Volume, By Applications, 2019 - 2029 |
7 United States Wireless Charging Market, 2019 - 2029 |
7.1 United States Wireless Charging Market, Revenues & Volume, By Technology, 2019 - 2029 |
7.2 United States Wireless Charging Market, Revenues & Volume, By Applications, 2019 - 2029 |
8 Canada Wireless Charging Market, 2019 - 2029 |
8.1 Canada Wireless Charging Market, Revenues & Volume, By Technology, 2019 - 2029 |
8.2 Canada Wireless Charging Market, Revenues & Volume, By Applications, 2019 - 2029 |
9 North America Wireless Charging Market Key Performance Indicators |
10 North America Wireless Charging Market - Opportunity Assessment |
10.1 North America Wireless Charging Market Opportunity Assessment, By Countries, 2022 & 2029F |
10.2 North America Wireless Charging Market Opportunity Assessment, By Technology, 2022 & 2029F |
10.3 North America Wireless Charging Market Opportunity Assessment, By Applications, 2022 & 2029F |
11 North America Wireless Charging Market - Competitive Landscape |
11.1 North America Wireless Charging Market Revenue Share, By Companies, 2022 |
11.2 North America Wireless Charging Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |