Technology Wireless Charging Market Analysis and Trends
Hexa Research
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Wireless Charging Market Analysis, Size, Growth Industry
Trends and Forecast to 2024 - Hexa Research
Wireless charging market is expected to grow beyond USD 20 billion by 2024. Elimination of
cables allows clutter-free charging, which has impelled the consumption levels. Another growth
driving factor for the global market includes the growing demands for smartphones, specifically
in India, China, and South Korea. The rise in infrastructural development, digitization, and
network communications has also driven the growth. Moreover, rising demands across the
automotive industry on account of the increased sales of electric vehicles is also a key market
driver. The global market is segregated as applications, technologies, and regions.
The application sector includes defense, consumer, automotive, healthcare, and industrial. The
consumer application sector led the global market and is expected to generate a revenue share
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