Wireless Phone Chargers Market Witnessing High Growth By Key Players and Outlook To 2028

Market Forecast

The global wireless phone chargers market size is projected to be valued at USD3.5 billion by 2028 at a CAGR of 4.2% between 2021 and 2028.Wireless charging is the process of transferring power from a power outlet to the device without using the cable. The growing demand for smartphones and technological innovations by smartphone manufacturers support the growth of the global wireless phone chargers market. Europe & Asia Pacific markets witness the increasing demand for wireless phone chargers among the consumers. The wireless phone chargers market has registered tremendous growth in the past few years, and the same trend is expected to continue during the forecast period. The key players in the market have been responsive to shifting consumer preferences and are focused on strategic acquisitions, product launches, and partnerships. For instance, on 7 January, Pop Sockets announced the product launch of a home charger, powered by NuCurrent, at the consumer electronics show. All the factors are anticipated to create substantial growth opportunities for the growth of the global wireless phone chargers market.
Market USP
Consumer preference toward wireless connectivity such as wireless phone chargers
Growth Opportunities in the Market
Increase in demand for magnetic induction technology phone chargers: Increase in demand for wireless phone chargers among consumers has supported the growth of magnetic induction technology in wireless phone chargers.
Non-Store-Based Distribution Channels Gaining Popularity Across the Globe: The non-store-based segment is projected to register ahigher growth rate during the forecast period.
Manufacturers of wireless phone chargers are inclined toward non-store-based distribution channels for the sale of their products. Companies are opting for online distribution platforms as they extend their consumer reach.
Key Players

• Air Charge. (UK)
• Belkin International, Inc.(US)
• TDK Corporation. (Japan)
• Energous Corporation. (US)
• Integrated Device Technology, Inc.(US)
• Infineon Technologies AG. (Germany)
• NXP Semiconductors. (Netherlands)
• Qualcomm Technologies Inc. (US)
• PopSockets LLC(US)
• Samsung Electronics Co. Ltd. (South Korea)

TABLE OF CONTENTS
1. EXECUTIVE SUMMARY
2. MARKET INTRODUCTION
2.1. Market Definition
2.2. Scope Of The Study
2.2.1. Research Objectives
2.2.2. Assumptions & Limitations
2.3. Market Structure
3. MARKET RESEARCH METHODOLOGY
3.1. Research Process
3.2. Secondary Research
3.3. Primary Research
3.4. Forecast Model
4. MARKET LANDSCAPE
4.1. Supply Chain Analysis
4.1.1. Raw Material Suppliers
4.1.2. Manufacturers/Producers
4.1.3. Distributors/Retailers/Wholesalers/E-Commerce
4.1.4. End Users
4.2. Porter’s Five Forces Analysis
4.2.1. Threat Of New Entrants
4.2.2. Bargaining Power Of Buyers
4.2.3. Bargaining Power Of Suppliers
4.2.4. Threat Of Substitutes
4.2.5. Internal Rivalry
4.3. Impact Of COVID-19 Outbreak On Global Wireless Phone Chargers Market
4.3.1. Impact On Production
4.3.2. Impact On Consumer Buying Behavior
4.3.3. Impact On Pricing
4.3.4. Impact On Store-Based VS Non-Store-Based Sales
4.3.5. Others

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