Global Wireless Charging IC Market Segments 2024, Forecast To 2033
5 Mar, 2024
The wireless charging IC market exhibited exponential growth, progressing from $3.49 billion in 2023 to $4.25 billion in 2024 at a 21.7% CAGR. The surge is attributed to eco-friendly solutions and increased focus on convenience. The market is forecasted to grow to $8.99 billion in 2028, maintaining a 20.6% CAGR, driven by electric vehicle adoption and charging efficiency. Noteworthy trends include miniaturization and compatibility across devices.
Global Wireless Charging IC Market Key Driver
The wireless charging IC market is growing with the higher penetration of smartphones and smartwatches. The UK, for instance, had 71.8 million active mobile connections in 2022, with an estimated 95% smartphone penetration by 2025. The widespread use of smartphones and smartwatches fuels the demand for wireless charging ICs, driving the growth of the market.
Get A Free Sample Of The Global Wireless Charging IC Market ReportGlobal Wireless Charging IC Market Segments
The wireless charging ic market covered in this report is segmented –
1) By Type: Receiver IC, Transmitter IC
2) By Power Range: Low Range, Medium Range, High Range
3) By Application: Smartphones, Tablets, Medical Devices, Wearable Electronic Devices, Other Applications
4) By Industry Vertical: Consumer Electronics, Automotive, IT and Telecommunication, Oil and Gas, Mining, Healthcare, Other Industry Verticals
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
Asia-Pacific was the largest region in the wireless charging IC market in 2023. The regions covered in the wireless charging ic market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Wireless Charging IC Industry Players
NXP Semiconductors N.V.; Broadcom Corporation; Toshiba Corporation; Semiconductor Components Industries LLC; Qualcomm Inc.; Texas Instruments Inc.; ROHM Semiconductor; Vishay Intertechnology Inc.; Analog Devices Inc.; MediaTek Inc.; Integrated Device Technology Inc.; Infineon Technologies AG; STMicroelectronics; Semtech Corporation; Samsung Electronics Co. Ltd.; Elix Wireless Inc.; Zens GmbH; Devicers Inc.; Powermatters Inc.; WiTricity Corporation; Plugless Power Inc.; Energizer Holdings Inc.; Eaton Corporation plc; LG Electronics Inc.; Sharp Corporation; Panasonic Corporation; Sony Group Corporation; TCL Corporation; Xiaomi Corporation; Huawei Technologies Co. Ltd.
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AIOps Wireless Charging IC Market Overview
Wireless charging, commonly referred to as wireless power transfer, is a method of electrically recharging battery-operated devices such as laptops, cellphones, and electric cars without the need for a cable connection. It is used in electromagnetic waves to wirelessly charge gadgets and transfer energy. Wireless charging ICs include precise power supply, tiny size, compact design, and lightweight operation.
Wireless Charging IC Global Market Report 2023 provides data on the global wireless charging ic market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The wireless charging ic market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.