IMARC Group, a leading market research company, has recently released a report titled “North America Wireless Charging Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the North America wireless charging market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the North America Wireless Charging Market?
The North America wireless charging market size reached US$ 4,510.7 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 10,433.6 Million by 2028, exhibiting a growth rate (CAGR) of 15.1% during 2023-2028.
What is Wireless Charging?
Wireless charging is the process of charging portable, battery-powered equipment without the use of wires. It operates on the principle of inductive power transfer, wherein an electric current is passed between two objects using coils to induce an electromagnetic field. It acts as a durable, convenient, and safe way to charge wearables, tablets, multi-copters, electric toys, smartphones, laptops, and service robots. As a result, wireless charging technology is widely utilized in the manufacturing, automotive, and healthcare industries across the North American region.
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What are the Growth Prospects and Trends in the North America Wireless Charging Industry?
Wireless chargers allow different devices to charge simultaneously irrespective of the dimensions of charging sockets. This, in confluence with the increasing adoption of electric vehicles (EVs), represents one of the key factors impelling the market growth in the North American region. Moreover, leading players operating in the region are introducing an innovative product range to expand their existing consumer base, which is influencing the overall sales and profitability positively.
What is Included in Market Segmentation?
The report has categorized the market based on technology, transmission range and application.
Key Regions Analysed:
- United States
- Canada
- Mexico
Market by Technology:
- Inductive Charging
- Resonant Charging
- Radio Frequency Based Charging
- Others
Market by Transmission Range:
- Short Range
- Medium Range
- Long Range
Market by Application:
- Consumer Electronics
- Automotive
- Healthcare
- Industrial
- Defense
- Others
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Key Highlights of The Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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