Wireless Charging Module Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Application (Automotive, Consumer Electronics, Industrial), By Charging Technology (MagSafe Charging, Qi Charging), And By Geography - Forecasts From 2022 To 2027
- Published : Dec 2022
- Report Code : KSI061614220
- Pages : 124
An electromagnetic field is used by wireless charging modules to transfer energy between two things. Typically, a charging station is employed for this. An electrical device uses the energy it receives from an inductive coupling to power itself or replenish its batteries. This charging system utilizes the inductive charging concept and has a variety of applications ranging from medical equipment to consumer electronics like cell phones and computers. Utilizing wireless modules increases device security and reduces the danger of infection because there is no physical connection. Since these modules need driving electronics and coils, there is a rise in intricacy and manufacturing costs, which is why these modules are expensive.
The wireless charging module market is anticipated to grow as demand for phones with wireless charging increases and due to its incorporation in medical technologies.
The majority of smartphone manufacturers have adopted the Qi wireless charging standard and have begun incorporating inductive charging to their products. Major producers of smartphones, including Apple and Samsung, make numerous models in large quantities that support Qi. Other manufacturers have also adopted the Qi standard as a result of its popularity. For example, Satechi announced the release of a new Duo Wireless Charger Power Stand in December 2022. A maximum output of 7.5W is provided by the charging station's Qi-based wireless charging method. Apple has also incorporated the MagSafe charging systems in their devices. Smartphones and wearables are the primary catalyst for the introduction of wireless module charging through charging pads into consumers' homes, where numerous household products have been created to take advantage of this technology. For instance, Huawei sold more than 2 million Huawei GT watches, which rely on Qi-charging pads, according to their official consumer website.
Further, inductive charging through wireless module charging systems are being embedded into both implantable devices and small, external devices including ventricular assist devices, pacemakers and defibrillators. The technique enables medical personnel to wirelessly power implanted equipment by introducing a power supply outside the body. Wireless module charging designed for medical devices and general use can also be used for wearable and other small devices.
Efforts to introduce inductive charging to automobiles serve as an opportunity for this market.
Wireless module charging systems are not widely employed in the automotive sector as inductive charging provides the least amount of power when compared to other options for charging electric vehicles. However, initiatives are being made to successfully apply them to EVs. A predetermined path or conductors that could transfer electricity across an air gap and charge the vehicle along a predetermined path, such as a wireless charging lane, may be used to implement such modules. There are currently vehicles on the road that could use this kind of wireless charging lane to increase the range of their on-board batteries. However, the expense involved in establishing such infrastructure serves as a barrier to development.
The HARMAN Smart/Auto, a wireless charging module for mobile devices in vehicles, was unveiled by Harman in 2019. In order to provide its customers with in-vehicle wireless smartphone charging, HARMAN Smart/Auto: Wireless Charging Module assists Automotive OEMs in integrating Qi-compliant charging technology. Further, HARMAN Smart/Auto: WCM enables position freedom and transmitter-receiver connection owing to its three transmitting coils. It incorporates a smart interface that can talk to the most popular automotive buses (CAN, LIN, etc.) to continuously check on the charging progress. Simply inserting the smartphone in the phone holder will initiate charging on the HARMAN Wireless charging tray, which is mounted in the center console box. Power transmission to any non-Qi-compliant objects is effectively stopped by an enhanced Foreign Object Detection (FOD) capability.
Asia Pacific is expected to dominate the wireless charging module market
Numerous firms have increased their investments in wireless charging in the Asia Pacific region as a result of the presence of numerous industry participants like Qualcomm, Plugless Power, Energizer, and WiTricity as well as the ongoing improvements in consumer electronics items and medical equipment. This is brought about by the influence of developing nations like China and India as well as the region's prominence as a key center for the production of consumer electronics, automobiles, and medical devices. All of these elements are considerably boosting regional market expansion.
Wireless Charging Module Market Scope:
|Growth Rate||CAGR during the forecast period|
|Forecast Unit (Value)||USD Billion|
|Segments Covered||Application, Charging technology, And Geography|
|Regions Covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies Covered||Qualcomm, Infineon, Ossia, Mouser Electronics, Inc., SP United USA, MIMAN, Astronics Corporation, SUZHOU ONEPOINTECH E-COMMERCE CO., LTD., Texas Instruments Incorporated|
|Customization Scope||Free report customization with purchase|
- By Application
- Consumer Electronics
- By Charging technology
- MagSafe charging
- Qi charging
- By Geography
- Europe Middle East and Africa
- United Kingdom
- Asia Pacific
- South Korea
Frequently Asked Questions (FAQs)
1.1. Market Overview
1.2. COVID-19 Scenario
1.3. Market Definition
1.4. Market Segmentation
2. RESEARCH METHODOLOGY
2.1. Research Data
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.4. Market Opportunities
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Powers of Buyers
4.4.3. Threat of Substitutes
4.4.4. The Threat of New Entrants
4.4.5. Competitive Rivalry in Industry
4.5. Industry Value Chain Analysis
5. WIRELESS CHARGING MODULE MARKET ANALYSIS, BY APPLICATION
5.3. Consumer Electronics
6. WIRELESS CHARGING MODULE MARKET ANALYSIS, BY TYPE
6.2. Magsafe charging
6.3. Qi charging
7. WIRELESS CHARGING MODULE MARKET ANALYSIS, BY GEOGRAPHY
7.3. Europe Middle East and Africa
22.214.171.124. United Kingdom
7.4. Asia Pacific
126.96.36.199. South Korea
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrative
8.3. Mergers, Acquisition, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. COMPANY PROFILES
9.4. Mouser Electronics, Inc.
9.5. SP United USA
9.7. Astronics Corporation
9.8. SUZHOU ONEPOINTECH E-COMMERCE CO., LTD.
9.9. Texas Instruments Incorporated
SP United USA
SUZHOU ONEPOINTECH E-COMMERCE CO., LTD.
Texas Instruments Incorporated
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