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- North America Wireless Charging Market – Growth & Forecast (2024 – 2032)
Resonance charging is the type of wireless charging which is used for charging large devices and equipment such as robots, laptops, and cars. Resonance charging consists of a sending copper coil and a receiving copper coil at the device end. To transfer electrical energy, sender and receiver must configure the same electronic, magnetic frequency.
North America Wireless Charging Market Size & Growth:
North America Wireless Charging Market size is projected to reach $X Million by the end of 2024 with a CAGR of XX% during the forecast period. Key Parameters promoting the market growth include rising adoption of wireless technology in electronic devices like tablets and smartphones, insufficient availability of electric sockets in public places and malfunctioning ports due to continuous usage, the rise in disposable income, increased demand for electric vehicle and consumer applications. Integrated receivers hit mainstream device, refinements to system design, diversification for various applications, and power ratings are now driving the development of the technology. Demand for wireless charging is growing rapidly owing to growing consumer awareness as more number of mobile devices are being launched with embedded wireless charging technology.
There is a rapid increase in some mobile device vendors are incorporating the wireless charging feature in high-end models of smartphones, laptops, notebooks, and wearable devices which leads to the adoption of this technology. Recently Apple decided to implement this technology with its iPhone 8 and X, highlighting that wireless charging a now reach the high volume consumer market with good performances that fulfil the regulations.
Several technologies have been developed within the last two centuries which includes magnetic resonant coupling, capacitive coupling, inductive coupling, power transfer by ultrasound, laser, and RF/microwaves. Inductive coupling is mainly utilised in consumer applications like Samsung GS7 and GS8 and iPhone 8. Efficiency and compatibility issues, differing technologies & absence of firm market standards hinder the market growth.
North America Wireless Charging Market Share:
North America Wireless Charging Market is classified by Component, by Technology, by Application, by End-User, by geography. By Component, the North America Wireless Charging Market is classified as transmitters, receivers, substrates, conductive coils, resistors, capacitors, diodes, and transistors. Based on technology, these are classified as inductive technology, radiofrequency technology, resonant technology, laser beam, and radiation technology. Based on Application, these are classified as healthcare, industrial, smartphones, and computing devices.
Based on End-user, these are classified as consumer electronics, automotive, and aerospace & defence. Consumer Electronics is accounted for the largest market share and is expected to have some positive growth throughout the forecast period. Wireless charging solution providers are offering wireless charging solutions for consumer electronic devices, and they are entering into partnerships with consumer electronic devices manufacturers to develop wireless charging enabled devices. The number of patent publications has continuously increased, and since 2010 we have witnessed a strong increase in patenting activity induced by the important simultaneous development of non-radiative and radiative technologies for consumer electronic devices and transport applications. Automotive segment holds the highest CAGR and is expected to have the highest growth during the forecast period. Consumer Electronics segment is witnessed to be the dominant end-user segment in the North America wireless charging market throughout the forecast period.
North America holds the largest market share and is expected to have the positive growth during the forecast period 2018-2024. In North America, U. S represents the largest market for portable electronics due to the greater technology penetration, acceptance, and presence of a large number of established players like Apple, Dell, and Google that are focussing on developing state-of-the-art portable electronics. Regarding charging and connectivity, this region has established infrastructure for the emerging technologies.
North America Wireless Charging Market Trends:
- Wireless Charging can become more ubiquitous over the next ten years when furniture companies start incorporating wireless charging systems into their products, thus eliminating the need for a special charging surface like a mat or dock.
- Smartphones and other mobile devices feature an increasing range of functions that support people in nearly every aspect of their lives. TDK offers a broad portfolio of Tx and Rx coil units that are designed to satisfy growing user demand for easy and frequent charging.
North America Wireless Charging Market Research Reports:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
Regional and global is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- Texas Instruments Inc.
- Qualcomm Inc.
- WiTricity Corporation
- Energizer Holdings, Inc.
- Panasonic Corporation
Along with these companies, there were many other companies considered/cited in the report while analysing the North America Wireless Charging market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
Chapter 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
Chapter 3 Market Analysis
3.1 Industry Value Chain Analysis
3.2Porter’s Five Force Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 PESTLE Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
Chapter 4 Market Dynamics
4.1. Drivers
4.1.1 Rising demand for portable devices
4.1.2 Rising Adoption of wireless technology in electronics devices like tablets and smartphones.
4.1.3 Necessity of a common charging platform
4.1.4 Increased demand for electric vehicles
4.1.5 Booming Internet of Things (IoT) & Semiconductor
4.2 Restraints
4.2.1 Efficiency and compatibility issues
4.2.2 Differing Technologies & Absence of firm market standards
4.3 Opportunities
4.3.1 High Demand for wireless-charging enabled smartphones
4.3.2 Recent technological advancements in a Wireless Charging
4.4 Challenges
4.4.1 Additional costs related to Wireless Charging
4.4.2 Continual technological changes
Chapter 5 North America Wireless Charging Market – By Component
5.1 Introduction
5.2 Transmitters
5.3 Receivers
5.4 Conductive coils
5.5 Substrates
5.6 Capacitors
5.7 Resistors
5.8 Diodes
5.9 Transistors
Chapter 6 North America Wireless Charging Market – By Technology
6.1 Inductive Technology
6.2 Resonant Technology
6.2.1 Radio Frequency Technology
6.2.2 Laser Beam
6.2.3 Radiation Technology
Chapter 7 North America Wireless Charging Market – By Application
7.1 Healthcare
7.2 Industrial
7.3 Smartphones
7.4 Computing Devices
Chapter 8 North America Wireless Charging Market – By End-User
8.1 Consumer Electronics
8.2 Automotive
8.3 Aerospace & Defense
Chapter 9 North America Wireless Charging Market – By Geography
9.1 North America
9.1.1 U. S
9.1.2 Canada
9.1.3 Mexico
Chapter 10 North America Wireless Charging Market – Company Profiles
10.1 Texas Instruments Inc.
10.2 Qualcomm Inc.
10.3 WiTricity Corporation
10.4 Energizer Holdings, Inc.
10.5 Panasonic Corporation
10.6 Duracell
10.7 Murata Manufacturing Co. Ltd
10.8 Powermat Technologies Ltd.
10.9 Oregon Scientific
10.10 TDK Corporation
10.11Integrated Devices Technology
10.12 Evatran LLC
10.13 Fulton Innovation LLC
10.14 Leggett & Platt, Incorporated
Chapter 11 North America Wireless Charging Market – Competitive Landscape
11.1. Market Share Analysis
11.2. Strategies Adopted by top companies
11.3. Mergers, Acquisitions, Collaborations & Agreements
Chapter 12 Market Insights
12.1. Industry Experts Insights
12.2. Analysts Opinions
12.3. Investment Opportunities
Chapter 13 Appendix
13.1 List of Tables
13.2 List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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Resonance charging is the type of wireless charging which is used for charging large devices and equipment such as robots, laptops, and cars. Resonance charging consists of a sending copper coil and a receiving copper coil at the device end. To transfer electrical energy, sender and receiver must configure the same electronic, magnetic frequency.
North America Wireless Charging Market Size & Growth:
North America Wireless Charging Market size is projected to reach $X Million by the end of 2024 with a CAGR of XX% during the forecast period. Key Parameters promoting the market growth include rising adoption of wireless technology in electronic devices like tablets and smartphones, insufficient availability of electric sockets in public places and malfunctioning ports due to continuous usage, the rise in disposable income, increased demand for electric vehicle and consumer applications. Integrated receivers hit mainstream device, refinements to system design, diversification for various applications, and power ratings are now driving the development of the technology. Demand for wireless charging is growing rapidly owing to growing consumer awareness as more number of mobile devices are being launched with embedded wireless charging technology.
There is a rapid increase in some mobile device vendors are incorporating the wireless charging feature in high-end models of smartphones, laptops, notebooks, and wearable devices which leads to the adoption of this technology. Recently Apple decided to implement this technology with its iPhone 8 and X, highlighting that wireless charging a now reach the high volume consumer market with good performances that fulfil the regulations.
Several technologies have been developed within the last two centuries which includes magnetic resonant coupling, capacitive coupling, inductive coupling, power transfer by ultrasound, laser, and RF/microwaves. Inductive coupling is mainly utilised in consumer applications like Samsung GS7 and GS8 and iPhone 8. Efficiency and compatibility issues, differing technologies & absence of firm market standards hinder the market growth.
North America Wireless Charging Market Share:
North America Wireless Charging Market is classified by Component, by Technology, by Application, by End-User, by geography. By Component, the North America Wireless Charging Market is classified as transmitters, receivers, substrates, conductive coils, resistors, capacitors, diodes, and transistors. Based on technology, these are classified as inductive technology, radiofrequency technology, resonant technology, laser beam, and radiation technology. Based on Application, these are classified as healthcare, industrial, smartphones, and computing devices.
Based on End-user, these are classified as consumer electronics, automotive, and aerospace & defence. Consumer Electronics is accounted for the largest market share and is expected to have some positive growth throughout the forecast period. Wireless charging solution providers are offering wireless charging solutions for consumer electronic devices, and they are entering into partnerships with consumer electronic devices manufacturers to develop wireless charging enabled devices. The number of patent publications has continuously increased, and since 2010 we have witnessed a strong increase in patenting activity induced by the important simultaneous development of non-radiative and radiative technologies for consumer electronic devices and transport applications. Automotive segment holds the highest CAGR and is expected to have the highest growth during the forecast period. Consumer Electronics segment is witnessed to be the dominant end-user segment in the North America wireless charging market throughout the forecast period.
North America holds the largest market share and is expected to have the positive growth during the forecast period 2018-2024. In North America, U. S represents the largest market for portable electronics due to the greater technology penetration, acceptance, and presence of a large number of established players like Apple, Dell, and Google that are focussing on developing state-of-the-art portable electronics. Regarding charging and connectivity, this region has established infrastructure for the emerging technologies.
North America Wireless Charging Market Trends:
- Wireless Charging can become more ubiquitous over the next ten years when furniture companies start incorporating wireless charging systems into their products, thus eliminating the need for a special charging surface like a mat or dock.
- Smartphones and other mobile devices feature an increasing range of functions that support people in nearly every aspect of their lives. TDK offers a broad portfolio of Tx and Rx coil units that are designed to satisfy growing user demand for easy and frequent charging.
North America Wireless Charging Market Research Reports:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
Regional and global is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year–On–Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- Texas Instruments Inc.
- Qualcomm Inc.
- WiTricity Corporation
- Energizer Holdings, Inc.
- Panasonic Corporation
Along with these companies, there were many other companies considered/cited in the report while analysing the North America Wireless Charging market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
Chapter 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
Chapter 3 Market Analysis
3.1 Industry Value Chain Analysis
3.2Porter’s Five Force Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 PESTLE Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
Chapter 4 Market Dynamics
4.1. Drivers
4.1.1 Rising demand for portable devices
4.1.2 Rising Adoption of wireless technology in electronics devices like tablets and smartphones.
4.1.3 Necessity of a common charging platform
4.1.4 Increased demand for electric vehicles
4.1.5 Booming Internet of Things (IoT) & Semiconductor
4.2 Restraints
4.2.1 Efficiency and compatibility issues
4.2.2 Differing Technologies & Absence of firm market standards
4.3 Opportunities
4.3.1 High Demand for wireless-charging enabled smartphones
4.3.2 Recent technological advancements in a Wireless Charging
4.4 Challenges
4.4.1 Additional costs related to Wireless Charging
4.4.2 Continual technological changes
Chapter 5 North America Wireless Charging Market – By Component
5.1 Introduction
5.2 Transmitters
5.3 Receivers
5.4 Conductive coils
5.5 Substrates
5.6 Capacitors
5.7 Resistors
5.8 Diodes
5.9 Transistors
Chapter 6 North America Wireless Charging Market – By Technology
6.1 Inductive Technology
6.2 Resonant Technology
6.2.1 Radio Frequency Technology
6.2.2 Laser Beam
6.2.3 Radiation Technology
Chapter 7 North America Wireless Charging Market – By Application
7.1 Healthcare
7.2 Industrial
7.3 Smartphones
7.4 Computing Devices
Chapter 8 North America Wireless Charging Market – By End-User
8.1 Consumer Electronics
8.2 Automotive
8.3 Aerospace & Defense
Chapter 9 North America Wireless Charging Market – By Geography
9.1 North America
9.1.1 U. S
9.1.2 Canada
9.1.3 Mexico
Chapter 10 North America Wireless Charging Market – Company Profiles
10.1 Texas Instruments Inc.
10.2 Qualcomm Inc.
10.3 WiTricity Corporation
10.4 Energizer Holdings, Inc.
10.5 Panasonic Corporation
10.6 Duracell
10.7 Murata Manufacturing Co. Ltd
10.8 Powermat Technologies Ltd.
10.9 Oregon Scientific
10.10 TDK Corporation
10.11Integrated Devices Technology
10.12 Evatran LLC
10.13 Fulton Innovation LLC
10.14 Leggett & Platt, Incorporated
Chapter 11 North America Wireless Charging Market – Competitive Landscape
11.1. Market Share Analysis
11.2. Strategies Adopted by top companies
11.3. Mergers, Acquisitions, Collaborations & Agreements
Chapter 12 Market Insights
12.1. Industry Experts Insights
12.2. Analysts Opinions
12.3. Investment Opportunities
Chapter 13 Appendix
13.1 List of Tables
13.2 List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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