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Wireless Charging Market is expected to generate a revenue of USD 40.67 Billion by 2032, Globally, at 22% CAGR: Verified Market Research®

Lewes, Delaware, July 30, 2025 (GLOBE NEWSWIRE) — The Global Wireless Charging Market Size is projected to grow at a CAGR of 22% from 2026 to 2032, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 9.49 Billion in 2024 and is expected to reach USD 40.67 Billion by the end of the forecast period.

The Wireless Charging Market is witnessing rapid expansion due to growing reliance on smart devices and the push toward contactless power transfer solutions. From EVs to wearables, industries are integrating wireless technologies to enhance user convenience and energy efficiency.

Key Highlights of the Report:

Why This Report Matters:

This report offers strategic insights for decision-makers, enabling them to understand growth drivers, barriers, and the innovation ecosystem shaping the wireless charging industry. It empowers businesses to stay competitive and capture new market opportunities through actionable data and forecasts.

Who You Should Read This Report:

For more information or to purchase the report, please contact us at: https://www.verifiedmarketresearch.com/download-sample/?rid=33666

Browse in-depth TOC on Global Wireless Charging Market Size

202 – Pages

126 – Tables

37 – Figures

Global Wireless Charging Market Overview

Market Driver

1. Rising Adoption of Electric Vehicles (EVs)
The increasing popularity of electric vehicles is significantly boosting the demand for wireless charging solutions.

2. Proliferation of Smart Devices and Consumer Electronics
A surge in smartphone and wearable usage is driving the consumer electronics segment of the wireless charging market.

3. Advancements in Resonant and RF Technology
Innovation in wireless power transfer is opening up long-range and multi-device charging capabilities.

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Market Restraint

1. High Cost of Wireless Charging Infrastructure
Cost remains one of the major barriers to widespread wireless charging adoption.

2. Compatibility and Standardization Issues
A fragmented landscape of charging protocols limits interoperability and slows down adoption.

3. Efficiency and Energy Loss Concerns
Wireless charging systems often suffer from reduced energy efficiency, which can deter high-volume usage.

Geographical Dominance: North America holds a dominant position in the Wireless Charging Market, driven by early adoption of EVs, strong R&D investments, and the presence of leading tech giants. The U.S. leads in deploying wireless EV infrastructure and smartphone accessories. Meanwhile, the Asia-Pacific region, led by China, Japan, and South Korea, is rapidly expanding due to large-scale consumer electronics production and government-backed smart mobility initiatives. Europe follows closely with growing demand for sustainable charging in electric vehicles and public spaces.

Key Players

The “Global Wireless Charging Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Samsung Electronics Co., Ltd., Apple, Inc., LG Electronics, Inc., Energous Corporation, Ossia, Inc., Witricity Corporation, Xiaomi Corporation, Oppo Mobile Telecommunications Corp.Ltd., Vivo Mobile Communication Co., Ltd., Powermat Technologies Ltd.

Wireless Charging Market Segment Analysis

Based on the research, Verified Market Research has segmented the global market into Technology, Application, Component and Geography.

Browse Related Reports:

Global Far-field Wireless Charging Market Size By Technology (Radio Frequency (RF)-based, Microwave-based), By Application (Smart Devices, Electric Vehicles), By Geography, And Forecast

APAC Wireless Charging Market Size By Component (Transmitters, Receivers), By Technology (Inductive, Resonant), By Application (Automotive, Consumer Electronics), By Geography, And Forecast

Global Wireless EV Charging Market Size By Component (Base Charging Pad, Vehicle Receiver Unit, Power Control Unit / Inverter), By Charging Type Inductive Charging, Magnetic Resonance Charging, Dynamic Wireless Charging), By Application (Passenger Electric Vehicles, Commercial EV Fleets, Autonomous EVs), By Geography, And Forecast

Global Magsafe Charger Market Size By Device Compatibility (Smartphones, Tablets, Wearables, Laptops), By Charging Capacity (Standard Charging, Fast Charging, Ultra-Fast Charging), By Charging Technology (Magnetic Charging, Wireless Charging, Wired Charging), By End-User (Individual Consumers, Small Businesses, Corporate Enterprises, Educational Institutions), By Geography, And Forecast

Top 7 Wireless Charging IC Companies driving future of new era of charging

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