The global portable wireless charger market is estimated to be valued at USD 6.03 billion in 2021 and is projected to reach USD 20.26 billion by 2028, growing at a CAGR of 16.6% during the forecast period from 2021-2028. The major factors driving this growth are increasing demand for smartphones with QI technology, reduction in prices of electric cars which can use wireless chargers as an alternative power source, and an increase in adoption of wireless charging in public spaces such as restaurants and airports.
Portable Wireless Charger is a device that can be plugged into any USB port to charge the phone without wires. A wireless charger, unlike wired chargers, does not need to be near an electrical source and also doesn't get tangled in cables when charging your phone. A portable wireless charger has two coils which are used for inductive power transfer from one coil (wireless transmitter) to another coil (wireless receiver). It uses electromagnetic induction principles where electric current flows through a wire within coiled copper wire or cable instead of traditional metal antennas like loops or rods. The advantage of this type of design is that it eliminates the need for contact between the devices since they will always stay at least 0.78 inches apart while charging.
On the basis of type, the global portable wireless charger market is segmented into below 3000mAh, 300-5000 mAh, 500-10000 mAh, and above 10000mAh.
Below 3000mAh portable wireless charger is a type of power bank that has lower charging capability than the other types. They are mainly used for fast charging smartphones and tablets that require high output current with the low input voltage, such as iPhones and iPads. Compared to others, this category consumes more battery life while providing less electricity consumption.
A portable wireless charger with a battery capacity of 300-5000 mAh is capable of charging an average smartphone up to two times. This type of charger can be carried around easily due to its lightweight nature and small size. These chargers are usually used for people who travel often or those living in remote areas without access to power outlets.
500-10000 mAh portable wireless chargers have a capacity between 1000mAh (0.001A) - 10000mAh (1000mA). They are designed for people who need to charge their devices on the go. 500-10000 mAh portable wireless chargers are also popular among people who need to charge two or more devices simultaneously.
The above 10000mAh portable wireless charger is a power bank for phones. The device can also charge other devices like tablets with USB cables. It has more than one battery in the pack to offer long-term backup capacity or instant output of large currents when needed, and it accommodates various input voltages (110V AC/220V AC) so that you don't have to worry about voltage compatibility issues while traveling internationally.
On the basis of application, the global portable wireless charger market is segmented into brick and mortar stores, hypermarkets, online stores, and others.
Wireless charging for these outlets is currently limited to high-end brands such as Samsung. With the advent of new wireless charging standards (Qi), this segment should grow significantly over time. From a technological standpoint, retailers have an opportunity to improve customer experience by deploying Qi pads at appropriate locations within their store/outlet premises which would enable customers with compatible handsets to charge while shopping or browsing products on display without having to fumble around for power cables etcetera.
There is a high potential for growth in this segment due to a large number of outlets and customers. Hypermarkets are typically an aggregation of grocery stores, clothing shops, hardware shops, furniture shops etcetera which will benefit from wireless power charging points being deployed around their premises as it would offer convenience for shoppers who need to charge their device at some point during store visits. With rising levels of customer experience expectations coupled with demand for better retail experiences, there should be growth opportunities in this market over time especially considering that many hypermarkets also have parking facilities or car parks where Qi pads could be installed near entrances/exits thereby enabling motorists who want to buy groceries (e.g.) but can't find any available parking spaces because of other shoppers.
Mobile devices are no longer just communication devices; they have become our entertainment hubs and personal assistants, too. They also require constant charging to work for extended periods of time. Online stores need a portable wireless charger that is lightweight and small, so it can be easily packed with products or placed in customer's hands while shopping online on their phone.
On the basis of region, the global portable wireless charger market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North American region is estimated to dominate the global market with a share of 37% in 2016. This is attributed to the rising adoption of wireless charging in smartphones and tablets, as well as an increasing number of restaurants that have installed this technology.
European port accounts for 15% share in terms of volume but it has been experiencing an increase at a higher rate than North America or Asia Pacific region since 2012 due to rapid development in infrastructure installations like electric vehicle infrastructures which are expected to grow from 2000 units during 2010-2020, towards about 21000 units by 2025.
The growth factors for the global portable wireless charger market are increasing demand in brick and mortar stores, increased investment by manufacturing companies on R&D activities to offer innovative products. These initiatives can positively impact the market size over the next few years. Moreover, with a rise in internet penetration across various regions of the world, online shopping has been gaining momentum which is also expected to drive revenue generation as this trend continues expanding globally.
Up Market Research published a new report titled “Portable Wireless Chargers Market research report which is segmented by Types (Below 3000mAh, 3001-5000mAh, 5001-10000mAh, Above 10000mAh), By Applications (Brick and Mortar Stores, Hypermarket, Online Stores, Others), By Players/Companies Anker, Nokia, Samsung, Belkin, Zagg(Mophie), Ubiolabs, Ravpower, Gonimble, Bezalel, Moshi, Imuto, Courant, Aideaz”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Portable Wireless Chargers Market Research Report |
By Type | Below 3000mAh, 3001-5000mAh, 5001-10000mAh, Above 10000mAh |
By Application | Brick and Mortar Stores, Hypermarket, Online Stores, Others |
By Companies | Anker, Nokia, Samsung, Belkin, Zagg(Mophie), Ubiolabs, Ravpower, Gonimble, Bezalel, Moshi, Imuto, Courant, Aideaz |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 215 |
Number of Tables & Figures | 151 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Below 3000mAh, 3001-5000mAh, 5001-10000mAh, Above 10000mAh and By Application Brick and Mortar Stores, Hypermarket, Online Stores, Others.
Some of the companies that are profiled in this report are:
Portable Wireless Chargers Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Portable Wireless Chargers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
Reasons to Purchase the Portable Wireless Chargers Market Report:
Some other reports from this category!