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Global Long-Range Wireless Charging Market: Focus on End User, Technology, Component, and Country - Analysis and Forecast, 2024-2035


Introduction of Long-Range Wireless Charging Long-range wireless charging refers to a method that can charge devices over distances of several feet or meters, as opposed to standard wireless cha... もっと見る

 

 

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BIS Research
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Summary

Introduction of Long-Range Wireless Charging

Long-range wireless charging refers to a method that can charge devices over distances of several feet or meters, as opposed to standard wireless charging, which typically works over a few centimeters. This technology aims to provide more convenience and flexibility by eliminating the need for cables and proximity to charging stations. This technology utilizes methods such as radio frequency (RF) systems, which transmit energy through radio waves, and resonant inductive coupling, which involves coils tuned to resonate at the same frequency for efficient energy transfer. Long-range wireless charging offers several advantages, including enhanced convenience, as it eliminates the need for cables and allows charging away from fixed points, increases safety by reducing the risk of electric shocks, and improves aesthetics by reducing clutter. It has potential applications across various fields, including consumer electronics, where devices such as smartphones and laptops can be charged seamlessly. It also includes medical devices that provide safer charging methods for implants and health monitors, and in automotive sectors, it improves charging solutions for sensors and electric vehicles. However, challenges such as lower efficiency compared to direct charging methods, higher costs of technology development, and concerns about the health impacts of prolonged exposure to electromagnetic fields remain. Despite these challenges, the future of long-range wireless charging looks promising, with ongoing advancements expected to increase its efficiency and reduce costs, potentially transforming how we power our devices in everyday life.

Market Introduction

The long-range wireless charging market is expected to grow substantially as technological improvements continue to address current limitations and consumer demand for wireless power solutions expands. With ongoing innovations and potential breakthroughs in efficiency and safety, long-range wireless charging could become a ubiquitous technology, reshaping the landscape of power delivery for a myriad of devices. As this market evolves, it will be essential for companies to navigate the technical, regulatory, and economic challenges to capitalize on the significant opportunities that long-range wireless charging presents. In an increasingly mobile world, the demand for seamless, continuous power without the hassle of plugging in is driving interest and investment in long-range wireless charging technologies. The proliferation of the Internet of Things (IoT) devices and smart home technologies has created a robust market for wireless power solutions that can serve multiple devices simultaneously.

Industrial Impact

The industrial impact of long-range wireless charging is poised to be transformative, particularly in sectors where automation and efficiency are paramount. By enabling remote charging capabilities, this technology can significantly enhance the operational efficiency of factories and warehouses where autonomous robots and drones are employed, reducing downtime for charging and increasing productivity. In sectors such as logistics and manufacturing, the integration of long-range wireless charging systems can lead to more flexible layout designs and continuous power supply to devices on the move, such as forklifts, autonomous drones and automated guided vehicles, without the constraints of fixed charging stations. For autonomous drones, wireless charging facilitates uninterrupted operation by allowing them to autonomously recharge their batteries while in-flight or stationed at designated landing areas, optimizing efficiency and productivity in aerial operations. Additionally, the safety and reliability of hazardous environments can be improved by eliminating the need for physical connections, thereby reducing the risk of electrical hazards and maintenance requirements. As this technology matures, its adoption could revolutionize energy management and device interoperability on an industrial scale, fostering a new era of innovation in how industries operate and manage their equipment.

Market Segmentation:

Segmentation 1: by End User
• Automotive
• Consumer Electronics
• Healthcare
• Others

Consumer Electronics Segment to Dominate the Global Long-Range Wireless Charging Market (by End User)

The consumer electronics sector is rapidly leading the market in end user sectors due to the growing demand for wireless charging solutions. This demand is fueled by the convenience of wireless technology, eliminating the need for cables and allowing for greater flexibility and ease of use in charging a wide array of electronic devices.

Segmentation 2: by Technology
• Radio Frequency
• Magnetic Resonance
• Magnetic Induction
• Others

Radio Frequency Segment to Dominate the Global Long-Range Wireless Charging Market (by Technology)

Radio frequency (RF) technology is leading the global long-range wireless charging market due to its versatility and ability to charge devices over greater distances compared to other technologies. RF-based charging systems can transmit power through the air, making it suitable for a wide range of applications, from consumer electronics to industrial equipment, further driving its adoption and growth in the market.

Segmentation 3: by Component
• Transmitter
• Receiver

Segmentation 4: by Region
• North America - U.S. and Canada
• Europe - U.K., Germany, France, Russia, and Rest-of-Europe
• Asia-Pacific - China, India, Japan, and Rest-of-Asia-Pacific
• Rest-of-the-World - Latin America and Middle East and Africa

North America leads the global long-range wireless charging market for several key reasons. This region exhibits a high rate of technological adoption, especially in the U.S., where tech-savvy consumers and industries are quick to integrate innovative solutions such as long-range wireless charging. The presence of key industry players headquartered in North America accelerates local market growth and fosters continuous advancements in technology. Additionally, North America benefits from robust technological infrastructure, which supports extensive research and development activities. The regulatory environment here is also conducive to technological innovation, offering incentives and favorable policies that encourage investment. Furthermore, the growing electric vehicle market in North America demands efficient charging solutions, including long-range wireless systems, to support infrastructure needs.

Recent Developments in the Global Long-Range Wireless Charging Market

• In October 2023, Powercast, a leader in wireless power solutions, teamed up with Nichicon, renowned for its electronic components, to integrate radio frequency (RF) charging into Nichicon’s new small lithium titanate oxide rechargeable batteries. This collaboration aimed to create compact, eco-friendly, rechargeable devices that minimize e-waste and maintenance costs. By combining Powercast's RF wireless charging with Nichicon's batteries, they're enabling small devices such as styluses, wireless thermometers, medical devices, and IoT sensors to charge over the air.
• In June 2023, Powercast and Powermat, leaders in wireless power technologies, united their expertise in RF and SmartInductive technologies, respectively, to offer comprehensive short- and long-range wireless power solutions tailored to customer needs. This partnership would also utilize Powercast's services, from initial concept through to production, to assist customers every step of the way.
• In 2023, the field of long-range wireless charging, particularly through magnetic resonance technology, saw significant developments and applications across various sectors, highlighted by companies such as WiTricity and initiatives under the AirFuel Alliance. WiTricity has been at the forefront of developing wireless power transfer technology that extends efficiency and charging ranges beyond existing methods. Its efforts emphasize flexible and consumer-friendly products that leverage magnetic resonance for reliable wireless power transfer.

How can this Report add value to an Organization?

Product/Innovation Strategy: The product segment helps the reader understand the different types of products available for deployment globally. Moreover, the study provides the reader with a detailed understanding of the global long-range wireless charging market based on end user (automotive, consumer electronics, healthcare, and others). The global long-range wireless charging market is further segmented into technology (radio frequency, magnetic resonance, magnetic induction, and others) and component (transmitter and receiver).

Growth/Marketing Strategy: The global long-range wireless charging market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The company's favored strategy has been partnerships and contracts to strengthen its position in the global long-range wireless charging market. For instance, in May 2022, Sunway Communication and Ossia formed a partnership to develop innovative wireless power solutions using Ossia's Cota real wireless power technology. Sunway, a key supplier of RF-connectivity components, utilized Ossia's patented technology to aim for enhanced products and services, striving to improve everyday life through wireless power-over-air technology.

Methodology: The research methodology design adopted for this specific study includes a mix of data collected from primary and secondary data sources. Both primary resources (key players, market leaders, and in-house experts) and secondary research (a host of paid and unpaid databases), along with analytical tools, are employed to build the predictive and forecast models.

Data and validation have been taken into consideration from both primary sources as well as secondary sources.

Key Considerations and Assumptions in Market Engineering and Validation

• Detailed secondary research has been done to ensure maximum coverage of manufacturers/suppliers operational in a country.
• Based on the classification, the average selling price (ASP) has been calculated using the weighted average method.
• The currency conversion rate has been taken from the historical exchange rate of Oanda and/or other relevant websites.
• Any economic downturn in the future has not been taken into consideration for the market estimation and forecast.
• The base currency considered for the market analysis is US$. Currencies other than the US$ have been converted to the US$ for all statistical calculations, considering the average conversion rate for that particular year.
• The term “product” in this document may refer to “long-range wireless charger” as and where relevant.
• The term “manufacturers/suppliers” may refer to “systems providers” or “technology providers” as and where relevant.

Primary Research

The primary sources involve industry experts from the aerospace and defense industry, including propellant tank manufacturers and component manufacturers. Respondents such as CEOs, vice presidents, marketing directors, and technology and innovation directors have been interviewed to obtain and verify both qualitative and quantitative aspects of this research study.

Secondary Research

This study involves the usage of extensive secondary research, company websites, directories, and annual reports. It also makes use of databases, such as Businessweek and others, to collect effective and useful information for a market-oriented, technical, commercial, and extensive study of the global market. In addition to the data sources, the study has been undertaken with the help of other data sources and websites.

Secondary research was done to obtain critical information about the industry’s value chain, the market’s monetary chain, revenue models, the total pool of key players, and the current and potential use cases and applications.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on thorough secondary research, which includes analyzing company coverage, product portfolio, market penetration, and insights gathered from primary experts.

The global long-range wireless charging market comprises key players that have established themselves thoroughly and have the proper understanding of the market, accompanied by start-ups that are looking forward to establishing themselves in this highly competitive market. In 2022, the long-range wireless charging market was dominated by established players, accounting for 29% of the market share, whereas start-ups managed to capture 71% of the market.

Some prominent names established in this market are:

• WiTricity Corporation
• Powercast Corporation
• GuRu Wireless
• Energous Corporation
• Enrx
• Ossia Inc.
• Infineon Technologies AG
• Wi Charge
• Huawei Technologies Co., Ltd.
• Qualcomm Technologies, Inc.
• Samsung
• Plugless Power Inc.
• Oppo
• Mojo Mobility Inc.

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Table of Contents

Executive Summary
Scope and Definition
1 Markets
1.1 Trends: Current and Future Impact Assessment
1.1.1 Integration with Electric Vehicles (EVs)
1.1.2 Advancements in Charging Distance and Efficiency
1.1.3 Emphasis on Sustainability
1.2 R&D Review
1.2.1 Patent Filing Trend by Country
1.3 Regulatory Landscape
1.4 Pricing Analysis
1.5 Technology Analysis
1.5.1 Internet of Things (IoT)
1.5.2 Artificial Intelligence (AI)
1.5.3 Predictive Maintenance
1.5.4 Industry 4.0
1.6 Startup Funding Summary
1.7 Market Dynamics Overview
1.7.1 Market Drivers
1.7.1.1 Dynamic EV Charging
1.7.1.2 Empowering Industrial IoT Sensor Networks
1.7.1.3 Sustainability Enhancement through Long-Range Wireless Charging
1.7.2 Market Restraints
1.7.2.1 Charger Orientation and Device Placement
1.7.2.2 Radiation Loss
1.7.3 Market Opportunities
1.7.3.1 Deployment of 5G Network
1.7.3.2 Wireless Charging Integration with IoT Devices
1.8 Supply Chain Overview
2 Application
2.1 Application Summary
2.2 Global Long-Range Wireless Charging Market
2.2.1 Market Overview
2.3 Global Long-Range Wireless Charging Market (by End User)
2.3.1 Automotive
2.3.1.1 Electric Vehicle
2.3.2 Consumer Electronics
2.3.2.1 Smartphone and Tablets
2.3.2.2 Laptop and Notebooks
2.3.2.3 Smart Wearables Devices
2.3.2.4 Others
2.3.3 Healthcare
2.3.4 Others
3 Products
3.1 Product Summary
3.2 Global Long-Range Wireless Charging Market
3.2.1 Market Overview
3.3 Global Long-Range Wireless Charging Market (by Technology)
3.3.1 Radio Frequency
3.3.2 Magnetic Resonance
3.3.3 Magnetic Induction
3.3.4 Others
3.4 Global Long-Range Wireless Charging Market (by Component)
3.4.1 Transmitter
3.4.2 Receiver
4 Region
4.1 Regional Summary
4.2 North America
4.2.1 Regional Overview
4.2.2 Driving Factors for Market Growth
4.2.3 Factors Challenging the Market
4.2.4 Application
4.2.5 Product
4.2.6 U.S.
4.2.7 Application
4.2.8 Product
4.2.9 Canada
4.2.10 Application
4.2.11 Product
4.3 Europe
4.3.1 Regional Overview
4.3.2 Driving Factors for Market Growth
4.3.3 Factors Challenging the Market
4.3.4 Application
4.3.5 Product
4.3.6 France
4.3.7 Application
4.3.8 Product
4.3.9 Germany
4.3.10 Application
4.3.11 Product
4.3.12 U.K.
4.3.13 Application
4.3.14 Product
4.3.15 Russia
4.3.16 Application
4.3.17 Product
4.3.18 Rest-of-Europe
4.3.19 Application
4.3.20 Product
4.4 Asia-Pacific
4.4.1 Regional Overview
4.4.2 Driving Factors for Market Growth
4.4.3 Factors Challenging the Market
4.4.4 Application
4.4.5 Product
4.4.6 China
4.4.7 Application
4.4.8 Product
4.4.9 India
4.4.10 Application
4.4.11 Product
4.4.12 Japan
4.4.13 Application
4.4.14 Product
4.4.15 Rest-of-Asia-Pacific
4.4.16 Application
4.4.17 Product
4.5 Rest-of-the-World
4.5.1 Regional Overview
4.5.2 Driving Factors for Market Growth
4.5.3 Factors Challenging the Market
4.5.4 Application
4.5.5 Product
4.5.6 Latin America
4.5.7 Regional Overview
4.5.8 Application
4.5.9 Product
4.5.10 Middle East and Africa
4.5.11 Regional Overview
4.5.12 Application
4.5.13 Product
5 Market – Company Profile
5.1 Next Frontiers
5.2 Geographic Assessment
5.2.1 WiTricity Corporation
5.2.1.1 Overview
5.2.1.2 Top Products/Product Portfolio
5.2.1.3 Top Competitors
5.2.1.4 Target Customers
5.2.1.5 Key Personnel
5.2.1.6 Analyst View
5.2.1.7 Market Share, 2024
5.2.2 Powercast Corporation
5.2.2.1 Overview
5.2.2.2 Top Products/Product Portfolio
5.2.2.3 Top Competitors
5.2.2.4 Target Customers
5.2.2.5 Key Personnel
5.2.2.6 Analyst View
5.2.2.7 Market Share, 2024
5.2.3 GuRu Wireless
5.2.3.1 Overview
5.2.3.2 Top Products/Product Portfolio
5.2.3.3 Top Competitors
5.2.3.4 Target Customers
5.2.3.5 Key Personnel
5.2.3.6 Analyst View
5.2.3.7 Market Share, 2024
5.2.4 Energous Corporation
5.2.4.1 Overview
5.2.4.2 Top Products/Product Portfolio
5.2.4.3 Top Competitors
5.2.4.4 Target Customers
5.2.4.5 Key Personnel
5.2.4.6 Analyst View
5.2.4.7 Market Share, 2024
5.2.5 Enrx
5.2.5.1 Overview
5.2.5.2 Top Products/Product Portfolio
5.2.5.3 Top Competitors
5.2.5.4 Target Customers
5.2.5.5 Key Personnel
5.2.5.6 Analyst View
5.2.5.7 Market Share, 2024
5.2.6 Ossia Inc.
5.2.6.1 Overview
5.2.6.2 Top Products/Product Portfolio
5.2.6.3 Top Competitors
5.2.6.4 Target Customers
5.2.6.5 Key Personnel
5.2.6.6 Analyst View
5.2.6.7 Market Share, 2024
5.2.7 Infineon Technologies AG
5.2.7.1 Overview
5.2.7.2 Top Products/Product Portfolio
5.2.7.3 Top Competitors
5.2.7.4 Target Customers
5.2.7.5 Key Personnel
5.2.7.6 Analyst View
5.2.7.7 Market Share, 2024
5.2.8 Wi Charge
5.2.8.1 Overview
5.2.8.2 Top Products/Product Portfolio
5.2.8.3 Top Competitors
5.2.8.4 Target Customers
5.2.8.5 Key Personnel
5.2.8.6 Analyst View
5.2.8.7 Market Share, 2024
5.2.9 Huawei Technologies Co., Ltd.
5.2.9.1 Overview
5.2.9.2 Top Products/Product Portfolio
5.2.9.3 Top Competitors
5.2.9.4 Target Customers
5.2.9.5 Key Personnel
5.2.9.6 Analyst View
5.2.9.7 Market Share, 2024
5.2.10 Qualcomm Technologies, Inc.
5.2.10.1 Overview
5.2.10.2 Top Products/Product Portfolio
5.2.10.3 Top Competitors
5.2.10.4 Target Customers
5.2.10.5 Key Personnel
5.2.10.6 Analyst View
5.2.10.7 Market Share, 2024
5.2.11 Samsung
5.2.11.1 Overview
5.2.11.2 Top Products/Product Portfolio
5.2.11.3 Top Competitors
5.2.11.4 Target Customers
5.2.11.5 Key Personnel
5.2.11.6 Analyst View
5.2.11.7 Market Share, 2024
5.2.12 Plugless Power Inc.
5.2.12.1 Overview
5.2.12.2 Top Products/Product Portfolio
5.2.12.3 Top Competitors
5.2.12.4 Target Customers
5.2.12.5 Key Personnel
5.2.12.6 Analyst View
5.2.12.7 Market Share, 2024
5.2.13 Oppo
5.2.13.1 Overview
5.2.13.2 Top Products/Product Portfolio
5.2.13.3 Top Competitors
5.2.13.4 Target Customers
5.2.13.5 Key Personnel
5.2.13.6 Analyst View
5.2.13.7 Market Share, 2024
5.2.14 Mojo Mobility Inc.
5.2.14.1 Overview
5.2.14.2 Top Products/Product Portfolio
5.2.14.3 Top Competitors
5.2.14.4 Target Customers
5.2.14.5 Key Personnel
5.2.14.6 Analyst View
5.2.14.7 Market Share, 2024
6 Research Methodology
6.1 Data Sources
6.1.1 Primary Data Sources
6.1.2 Secondary Data Sources
6.1.3 Data Triangulation
6.2 Market Estimation and Forecast
List of Figures
Figure 1: Global Long-Range Wireless Charging Market (by Region), $Million, 2024, 2025, and 2035
Figure 2: Global Long-Range Wireless Charging Market (by End User), $Million, 2024 and 2035
Figure 3: Global Long-Range Wireless Charging Market (by Technology), $Million, 2024 and 2035
Figure 4: Global Long-Range Wireless Charging Market (by Component), $Million, 2024 and 2035
Figure 5: Long-Range Wireless Charging Market, Recent Developments
Figure 6: Long-Range Wireless Charging Market (by Country), January 2020-December 2023
Figure 7: Transmitter Pricing Analysis, $Million, 2024-2035
Figure 8: Impact Analysis of Market Navigating Factors, 2024-2035
Figure 9: Supply Chain and Risks within the Supply Chain
Figure 10: U.S. Long-Range Wireless Charging Market, $Million, 2024-2035
Figure 11: Canada Long-Range Wireless Charging Market, $Million, 2024-2035
Figure 12: France Long-Range Wireless Charging Market, $Million, 2024-2035
Figure 13: Germany Long-Range Wireless Charging Market, $Million, 2024-2035
Figure 14: U.K. Long-Range Wireless Charging Market, $Million, 2024-2035
Figure 15: Russia Long-Range Wireless Charging Market, $Million, 2024-2035
Figure 16: Rest-of-Europe Long-Range Wireless Charging Market, $Million, 2024-2035
Figure 17: China Long-Range Wireless Charging Market, $Million, 2024-2035
Figure 18: India Long-Range Wireless Charging Market, $Million, 2024-2035
Figure 19: Japan Long-Range Wireless Charging Market, $Million, 2024-2035
Figure 20: Rest-of-Asia-Pacific Long-Range Wireless Charging Market, $Million, 2024-2035
Figure 21: Latin America Long-Range Wireless Charging Market, $Million, 2024-2035
Figure 22: Middle East and Africa Long-Range Wireless Charging Market, $Million, 2024-2035
Figure 23: Strategic Initiatives, 2020-2023
Figure 24: Share of Strategic Initiatives, 2020-2023
Figure 25: Data Triangulation
Figure 26: Top-Down and Bottom-Up Approach
Figure 27: Assumptions and Limitations
List of Tables
Table 1: Market Snapshot
Table 2: Global Long-Range Wireless Charging Market, Opportunities across Regions
Table 3: From a policy perspective, the U.S. is the leading geography with a seemingly favorable environment.
Table 4: Funding and Investment Scenario, June 2022-February 2024
Table 5: Global Long-Range Wireless Charging Market (by End User), $Million, 2024-2035
Table 6: Global Long-Range Wireless Charging Market (by Technology), $Million, 2024-2035
Table 7: Global Long-Range Wireless Charging Market (by Component), $Million, 2024-2035
Table 8: Global Long-Range Wireless Charging Market (by Region), $Million, 2024-2035
Table 9: North America Long-Range Wireless Charging Market (by End User), $Million, 2024-2035
Table 10: North America Long-Range Wireless Charging Market (by Technology), $Million, 2024-2035
Table 11: North America Long-Range Wireless Charging Market (by Component), $Million, 2024-2035
Table 12: U.S. Long-Range Wireless Charging Market (by End User), $Million, 2024-2035
Table 13: U.S. Long-Range Wireless Charging Market (by Technology), $Million, 2024-2035
Table 14: U.S. Long-Range Wireless Charging Market (by Component), $Million, 2024-2035
Table 15: Canada Long-Range Wireless Charging Market (by End User), $Million, 2024-2035
Table 16: Canada Long-Range Wireless Charging Market (by Technology), $Million, 2024-2035
Table 17: Canada Long-Range Wireless Charging Market (by Component), $Million, 2024-2035
Table 18: Europe Long-Range Wireless Charging Market (by End User), $Million, 2024-2035
Table 19: Europe Long-Range Wireless Charging Market (by Technology), $Million, 2024-2035
Table 20: Europe Long-Range Wireless Charging Market (by Component), $Million, 2024-2035
Table 21: France Long-Range Wireless Charging Market (by End User), $Million, 2024-2035
Table 22: France Long-Range Wireless Charging Market (by Technology), $Million, 2024-2035
Table 23: France Long-Range Wireless Charging Market (by Component), $Million, 2024-2035
Table 24: Germany Long-Range Wireless Charging Market (by End User), $Million, 2024-2035
Table 25: Germany Long-Range Wireless Charging Market (by Technology), $Million, 2024-2035
Table 26: Germany Long-Range Wireless Charging Market (by Component), $Million, 2024-2035
Table 27: U.K. Long-Range Wireless Charging Market (by End User), $Million, 2024-2035
Table 28: U.K. Long-Range Wireless Charging Market (by Technology), $Million, 2024-2035
Table 29: U.K. Long-Range Wireless Charging Market (by Component), $Million, 2024-2035
Table 30: Russia Long-Range Wireless Charging Market (by End User), $Million, 2024-2035
Table 31: Russia Long-Range Wireless Charging Market (by Technology), $Million, 2024-2035
Table 32: Russia Long-Range Wireless Charging Market (by Component), $Million, 2024-2035
Table 33: Rest-of-Europe Long-Range Wireless Charging Market (by End User), $Million, 2024-2035
Table 34: Rest-of-Europe Long-Range Wireless Charging Market (by Technology), $Million, 2024-2035
Table 35: Rest-of-Europe Long-Range Wireless Charging Market (by Component), $Million, 2024-2035
Table 36: Asia-Pacific Long-Range Wireless Charging Market (by End User), $Million, 2024-2035
Table 37: Asia-Pacific Long-Range Wireless Charging Market (by Technology), $Million, 2024-2035
Table 38: Asia-Pacific Long-Range Wireless Charging Market (by Component), $Million, 2024-2035
Table 39: China Long-Range Wireless Charging Market (by End User), $Million, 2024-2035
Table 40: China Long-Range Wireless Charging Market (by Technology), $Million, 2024-2035
Table 41: China Long-Range Wireless Charging Market (by Component), $Million, 2024-2035
Table 42: India Long-Range Wireless Charging Market (by End User), $Million, 2024-2035
Table 43: India Long-Range Wireless Charging Market (by Technology), $Million, 2024-2035
Table 44: India Long-Range Wireless Charging Market (by Component), $Million, 2024-2035
Table 45: Japan Long-Range Wireless Charging Market (by End User), $Million, 2024-2035
Table 46: Japan Long-Range Wireless Charging Market (by Technology), $Million, 2024-2035
Table 47: Japan Long-Range Wireless Charging Market (by Component), $Million, 2024-2035
Table 48: Rest-of-Asia-Pacific Long-Range Wireless Charging Market (by End User), $Million, 2024-2035
Table 49: Rest-of-Asia-Pacific Long-Range Wireless Charging Market (by Technology), $Million, 2024-2035
Table 50: Rest-of-Asia-Pacific Long-Range Wireless Charging Market (by Component), $Million, 2024-2035
Table 51: Rest-of-the-World Long-Range Wireless Charging Market (by End User), $Million, 2024-2035
Table 52: Rest-of-the-World Long-Range Wireless Charging Market (by Technology), $Million, 2024-2035
Table 53: Rest-of-the-World Long-Range Wireless Charging Market (by Component), $Million, 2024-2035
Table 54: Latin America Long-Range Wireless Charging Market (by End User), $Million, 2024-2035
Table 55: Latin America Long-Range Wireless Charging Market (by Technology), $Million, 2024-2035
Table 56: Latin America Long-Range Wireless Charging Market (by Component), $Million, 2024-2035
Table 57: Middle East and Africa Long-Range Wireless Charging Market (by End User), $Million, 2024-2035
Table 58: Middle East and Africa Long-Range Wireless Charging Market (by Technology), $Million, 2024-2035
Table 59: Middle East and Africa Long-Range Wireless Charging Market (by Component), $Million, 2024-2035
Table 60: Market Share, 2022

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Press Release

The global long-range wireless charging market is estimated to reach $3,279.6 million by 2035, reveals the premium market intelligence study by BIS Research. The study also highlights that the market is set to witness a CAGR of 34.10% during the forecast period 2024-2035.

Over the next decade (2024-2035), wireless charging is expected to rise significantly in various industries, driven mostly by continuous advancement in IoT, AI, machine learning, and data analytics technologies. These technologies are essential for the development and implementation of long-range wireless charging, enabling more efficient, smart, and autonomous charging systems. This, in turn, facilitates seamless integration into various applications, enhancing user convenience and operational efficiency across industries.

USPs of this report

• A qualitative and quantitative analysis of the global long-range wireless charging market based on application and product
• Quantitative analysis of the end user sub-segment, which includes:
o Automotive
o Consumer Electronics
o Healthcare
o Others
• Regional and country-level forecast on the global long-range wireless charging market, which includes components such as transmitter and receiver

Analyst Perspective

According to Rajat Srivastava, Lead Analyst, BIS Research, “The long-range wireless charging market is experiencing rapid growth, driven by several compelling factors. This growth is primarily fueled by increasing consumer demand for convenience and seamless technology integration into everyday life, which long-range wireless charging offers by eliminating the need for cables and enabling devices to be charged from a distance. Additionally, advancements in related technologies that ensure more efficient power transfer and broader applicability across various devices and industries are accelerating market expansion. The rise of IoT and the expansion of smart home ecosystems, which require continuous power for a myriad of devices, further contribute to the demand for this innovative charging solution. Industries such as automotive, healthcare, and consumer electronics are particularly instrumental in pushing the boundaries of how and where wireless charging can be integrated, making it an essential feature of future technology landscapes.”

Key Companies Profiled

The key players profiled in the report include WiTricity Corporation, Powercast Corporation, GuRu Wireless, Energous Corporation, Enrx, Ossia Inc., Infineon Technologies AG, Wi Charge, Huawei Technologies Co., Ltd., Qualcomm Technologies, Inc., Samsung, Plugless Power Inc., Oppo, and Mojo Mobility Inc.

Key Questions Answered in the Report

• What is the estimated global market size for the global long-range wireless charging market?
• Which are the primary suppliers in the global long-range wireless charging market?
• What are the different long-range wireless charging types available in the market?
• Which geographical area holds the largest share in the long-range wireless charging market?
• What factors drive long-range wireless charging market growth?
• What future trends are expected in the global long-range wireless charging market?

 

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