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Research Reports

NEWARK, Del: The wireless charging ICs market is anticipated to boom at a strong CAGR of 16.7% between 2023 and 2033. The market is anticipated to cross a market share of US$ 13.1 billion by 2033, while it holds a revenue of US$ 2.8 billion in 2023. As modern-mobile technology penetrates the market space, wireless charging becomes more common in mobile phones, making the charging process safer, faster, and easy. Furthermore, the flagship range of the smartphone market provides wireless charging ICs.

The increased convenience and efficiency provided to the end users through wireless charging, along with the advent of automobiles coming with wireless charging, are fueling the sales of wireless charging ICs. Wireless power leaders are focusing on industry-leading efficiency and unique and proven hardware. This fuels the demand for wireless charging ICs.

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The higher mobility provided by the wireless charging technology, along with the fact that the user doesn’t have to carry the charger everywhere while travelling, makes the technology futuristic. Advanced systems that support wireless charging in outlets, universities, and buses help technology penetrate the smartphone-integrated markets.

Furthermore, the major smartphone manufacturers provide wireless charging in them, making them reliable for future use as the industry is anticipated to boom at a higher pace.

Key Points

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Competitive Landscape

The focus of key competitors is to deliver effective ICs that also support fast wireless charging. Furthermore, flexibility, according to the smartphone, is needed in the integrated chip for better adjustability. Apart from this, market players focus on minimizing the technology to make it more future-oriented. Key players in the market are Convenient Power HK Ltd, WiTricity Corporation, Murata Manufacturing Co. Ltd, and Texas Instruments, Inc.

For instance: 

  • Convenient Power HK Ltd has expanded its research and development teams to enhance the IC quality as company grows further.
  • Renesas has introduced the wireless charging ICs and the wireless power ICs that are industry-first, flexible Arm Cortex –M0-based SoC Architecture

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Key Segments

By Products:

  • Receivers
  • Transmitters

By Power Range:

  • High >51 Watt
  • Low <15 Watt
  • Medium 16-50 Watt

By Application:

  • Automotive
  • Consumer Electronics
  • Healthcare

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)

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Table of Content

  1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

  1. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

  1. Market Background

    3.1. Market Dynamics

    3.2. Scenario Forecast

    3.3. Opportunity Map Analysis

    3.4. Investment Feasibility Matrix

  1. Global Market Analysis 2017-2022 and Forecast, 2023-2033

    4.1. Historical Market Size Value (US$ Mn) Analysis, 2017-2022

    4.2. Current and Future Market Size Value (US$ Mn) Projections, 2023-2033

  1. Global Market Analysis 2017-2022 and Forecast 2023-2033, By Product

    5.1. Introduction / Key Findings

TOC continued..!

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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