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

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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-Rep
orts/wireless-charging-market-640.html
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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"
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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/pdfdow
nloadNew.asp?id640 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.
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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.m
arketsandmarkets.com/requestsampleNew.asp?id640
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. Companie
s 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.
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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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