Wireless Charging Market Applications, Drivers, Scope and
Development Trends Forecast Till 2022
“The Global Wireless Charging Market Size was valued at USD 1.87 billion in
2014 and is expected to reach USD 22.25 billion by 2022.”
Industry Insights
The Global Wireless Charging Market Size was valued at USD 1.87 billion in 2014 and is expected to reach USD
22.25 billion by 2022. Future growth opportunities seem to positive on account of increasing adoption of
consumer electronic devices such as laptops and smartphones that employ the new technology of wireless
charging. Rising need for wireless and hassle-free methods to power different devices amongst end users in
industrial sectors including healthcare, automotive, defence and industrial markets is expected to propel market
growth in the next eight years. This market is in the growing phase and is observed to experience a wide range
of innovations and provide several opportunities to new entrants.
In order to improve existing operations and functionalities, heavy investments are made by major market
players on research and development. Key emphasis is laid on enhancing and refining the power transmission
range that can enable wireless charging of devices for long distances.
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Application Insights
Nearly 60% of the overall revenue share was occupied by consumer electronics in 2014. This is expected to
continue in the coming years and become the most dominant segment until 2022. Unavailability of electric