Global Wireless Charging Market Size, Forecast and Trend Highlights Over 2025-2037
Wireless Charging Market size was valued at USD 9 billion in 2024 and is expected to secure a valuation of USD 134.4 billion in 2037, expanding at a CAGR of 23.1% during the forecast period, i.e. 2025-2037. In 2025, the industry size of wireless charging is evaluated at USD 10.4 billion.
The EV market's expansion acts as a primary driver for the demand for wireless charging, as it seeks to eliminate existing plug-based systems, while providing users with improved convenience. Companies and government agencies are increasingly investing in smart mobility infrastructure to support sustainable development targets and raise urban transportation standards. In November 2024, California announced plans to construct the nation’s second wireless EV charging roadway in Los Angeles, ahead of the 2028 Olympics. The system allows EVs to charge wirelessly while driving, eliminating the need for stationary plug-in stations. The initiative represents a major development toward merging wireless electric vehicle systems into actual public infrastructure deployments, propelling the market growth.
The surging adoption of wireless EV charging is encouraging automobile producers to establish pilot programs and implement charging solutions inside their vehicles. Many companies are operating inductive charging tests through their selected vehicles, where owners can charge while their cars rest over special pads. Manufacturers are establishing wireless charging pilot infrastructure for autonomous and shared vehicles, as these vehicles need automated charging systems. These technological breakthroughs are boosting the ease of use and corresponding to initiatives toward smart city infrastructure, which centers on automated sustainable systems.
Wireless Charging Sector: Growth Drivers and Challenges
Growth Drivers
- Growing use in healthcare and medical devices: There is an extensive use of wireless charging technology in healthcare devices to revolutionize medical care, as its connector-free method creates safer medical conditions suitable for sterilization needs. The rise in healthcare technology is driving companies to design medical devices that have better efficiency and patient-friendly interfaces with simplified maintenance requirements. In May 2023, Resonant Link unveiled a wireless charging solution for implantable medical devices, including titanium-can implants. This technology delivers three times faster wireless charging at 2.5 W, allowing patients to recharge their implants in just 15 minutes while maintaining mobility during the process. These technological breakthroughs provide solutions to patient concerns about slow and overloaded charging methods, enhancing the product usage experience.
- Integration into public and commercial infrastructure: The integration of wireless charging into public and commercial infrastructure is resulting in fast-paced progress that delivers enhanced convenience while accelerating the adoption of wireless technology. Companies and city planners are implementing state-of-the-art charging systems to improve city infrastructure and user mobility accessibility. In November 2023, Detroit, Michigan, inaugurated the first public wireless charging roadway in the U.S. The project utilizes inductive coupling technology, embedding copper coils beneath the pavement to wirelessly charge EVs equipped with compatible receivers as they drive over the road. This initiative moves the field forward in merging dynamic charging systems within city infrastructure, to allow continuous charging while reducing the need for static charging hubs and improving sustainable transportation.
Challenges
- Limited range and alignment sensitivity: The high sensitivity and restricted range of the wireless charging are hindering the market growth. The device must have specific placement over the charging pad, while its alignment should match the inductive coils for efficient energy transfer. The charging performance is reduced dramatically when positioning deviation occurs, particularly in high-power applications, which include electric vehicles or industrial equipment. This results in user experience challenges while reducing the practicality of wireless systems relative to plug-in techniques that operate with increased consistency.
Wireless Charging Market: Key Insights
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
23.1% |
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Base Year Market Size (2024) |
USD 9 billion |
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Forecast Year Market Size (2037) |
USD 134.4 billion |
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Regional Scope |
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Wireless Charging Segmentation
Technology (Inductive, Magnetic Resonance, Radio Frequency)
The inductive segment is estimated to account for a 45% share of the global wireless charging market in 2037. The combination of wireless charging with smart home techniques is stimulating new developments in consumer electronics. Companies are developing solutions that merge multiple functions to boost connected living convenience. For instance, in February 2023, Samsung introduced the SmartThings Station, a multifunctional device that serves as both a wireless charger and a smart home hub. The device supports up to 15W wireless charging and allows users to control smart devices via the SmartThings app, streamlining both power and home automation in one compact unit. Such developments by the manufacturers are fueling the segmental growth.
End users (Automotive, Electronics, Healthcare, Defense, Industrial)
The healthcare segment is expected to expand at a rapid rate during the forecast period. Medical wearables are incorporating energy-harvesting technology, which makes them less dependent on traditional charging devices. Researchers are exploring power systems built from biobatteries combined with energy scavenging approaches to provide power for implantable sensors. These device developments aim to establish independent power systems that reduce the requirement for battery replacement frequency and promote better patient experiences.
Our in-depth analysis of the global wireless charging market includes the following segments:
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Technology |
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Application |
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Implementation |
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End use |
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Customize this ReportWireless Charging Industry - Regional Scope
Asia Pacific Market
The wireless charging market in Asia Pacific is expected to hold a share of 34% during the analysis period, due to the increasing demand for consumer electronics. China, South Korea, and Japan are the major manufacturers of smartphones, smartwatches, and wireless earbuds, among other electronic devices, and many products feature wireless charging functionality. Rising disposable household income and a tech-savvy population are contributing to increased demand for wireless charging, which is leading manufacturers to widely incorporate these charging features into their products.
Rising emphasis on smart cities and the adoption of IoT is accelerating the market in India. The development of urban infrastructure toward smart systems in homes, offices, and public areas demands embedded wireless charging systems to be integrated across furniture, vehicles, and appliances. Through cutting-edge technologies, wireless charging fulfills the clean energy goals by creating cable-free spaces and services that connect devices with power immediately as required.
The increasing popularity of smartphones and wearable devices is resulting in escalating needs for easy charging systems. Consumers demand wireless charging capabilities for better user satisfaction and the elimination of tangled cords. The rising consumer demand for wireless charging capabilities is encouraging manufacturers to embed wireless technology into various consumer electronic products, which is increasing market potential while satisfying tech-oriented consumers.
North America Market Analysis
The wireless charging market in North America is expected to hold a share of 28% in 2037, due to surging focus on developing technology. The leading technology companies are incorporating wireless charging technologies into their latest smartphones, laptops, and wearable devices. Wireless charging development is rapidly rising in consumer products, owing to an innovation-driven industry as well as high consumer awareness.
The U.S. market is expected to grow at a steady pace in the near future. Wireless charging facilities installed in areas such as airports, cafes, and shopping centers are increasing the accessibility of charging opportunities for users. Wide distribution of wireless charging stations matches the demand for mobile charging solutions, therefore accelerating the market. Wireless charging technology is gaining traction through its implementation in everyday environments, which demonstrates its practical usability.
Companies Dominating the Wireless Charging Landscape
- Texas Instruments, Inc.
- Company Overview
- Business Strategy
- Key Technology Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Pathronic AG
- Energizer Holding Inc.
- ConvenientPower HK Limited
- Leggett and Platt Inc.
- Tesla Inc.
- Electreon Wireless Ltd.
- Powermat Technologies Ltd.
- WiTricity Corporation
- Qualcomm Incorporated
The wireless charging market is highly competitive, featuring a mix of global tech giants and innovative startups. Key players such as Samsung Electronics, Apple Inc., Qualcomm, and Energizer are investing in R&D to enhance charging speed, range, and energy efficiency. Partnerships and strategic acquisitions are common, aimed at expanding product portfolios and entering new application areas like electric vehicles and medical devices. Here are some key players operating in the global market:
In the News
- In September 2024, the Wireless Power Consortium released specifications for Ki, a new standard enabling wireless power transfer to kitchen appliances. Ki technology allows appliances like toasters and blenders to operate wirelessly using electromagnetic induction, transmitting up to 2,200W of power.
- In February 2023, Xiaomi unveiled its flagship smartphone series, the Xiaomi 13, featuring 50W Wireless Turbo Charge. This technology delivers exceptional charging speeds that rival many wired chargers, allowing users to power up their devices quickly without cables.
Author Credits: Abhishek Verma
- Report ID: 5026
- Published Date: May 06, 2025
- Report Format: PDF, PPT
