According to IMARC Group’s latest report, titled “North America Wireless Charging Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the market size reached US$ 3,915.6 Million in 2021. 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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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. Looking forward, IMARC Group expects the North America wireless charging market to reach US$ 9,171.5 Million by 2027, exhibiting a growth rate (CAGR) of 15.3% during 2022-2027.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
- Key Regions Analysed
- United States
- Analysis for Each Country
- Market by Technology
- Inductive Charging
- Resonant Charging
- Radio Frequency Based Charging
- Market by Transmission Range
- Short Range
- Medium Range
- Long Range
- Market by Application
- Consumer Electronics
- Value Chain Analysis
- Key Drivers and Challenges
- Porters Five Forces Analysis
- PESTEL Analysis
- Government Regulations
- Competitive Landscape
- Competitive Structure
- Key Player Profiles
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- 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.
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.
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