Registering a CAGR of 18.2% over the forecast period, the market value of Wireless Charging Charger Receiver Chip is expected to reach US$ 6700 million in the year 2027.
Wireless Charging Charger Receiver Chip Market Overview
Wireless Charging Charger Receiver Chip features include precise power supply, small size, compact, and lightweight operation. This has prompted their use in a variety of IoT devices, including asset trackers, shipment trackers, Bluetooth trackers, smart pens, battery-powered electronics, and other electronic devices. Furthermore, rising government funding activities to support IoT technology adoption will support market expansion.
The market is expanding due to increased demand for IoT-connected and e-train-loaded vehicles such as forklifts, robots, portable devices, and so on.
The receiver wireless charging IC market generated approximately USD 1 billion in revenue in 2021 and is expected to grow at a CAGR of more than 19% during the forecast period. The rising adoption of the technology in industrial applications such as power tools, service robots, and drones, among others, is driving the market growth. Because of features such as compact design, high efficiency, and high flexibility, they are widely used in these applications.
The report aspects discussed the profile of the top manufacturers of the global Wireless Charging Charger Receiver Chip market. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. Growth of the report has examined Wireless Charging Charger Receiver Chip Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
Who are the Major Players in the Wireless Charging Charger Receiver Chip Market?
The global Wireless Charging Charger Receiver Chip includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include IDT, Broadcom, Qualcomm, STMicroelectronics, E-Charging, ROHM Semiconductor and others.
Industry News and Updates:
In November 2021, NuVolta Technologies has introduced a new 3rd Generation wireless charging IC to its Nu170x product line. This SoC was designed for the low to medium power range market, with a focus on 5W to 30 W applications. Smartphones, wearables, medical portable devices, medical cleaning robots, and other devices are examples of these applications.
What are the major Applications, Types, and Regions for the Wireless Charging Charger Receiver Chip Market?
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
By Application, it is segmented into
- Mobile Phone
- Tablet
- Others
Wireless Charging Charger Receiver Chip Market Regional Analysis
The Asia Pacific Wireless Charging Charger Receiver Chip market is expected to grow at a rate of more than 22% between 2022 and 2027. The rising government emphasis on promoting industrial automation in the region is propelling market growth. For example, in October 2021, the South Korean government announced a USD 340 million strategy to assist startups and small and medium-sized businesses in establishing smart factories. Several industrial robots, Automated Guided Vehicles (AGV), and electric forklifts are integrated with Wireless Charging Charger Receiver Chips & Modules at these factories. The widespread use of automation and robots in smart factories will drive market growth.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Wireless Charging Charger Receiver Chip Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Wireless Charging Charger Receiver Chip Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Wireless Charging Charger Receiver Chip Market report scope?
Scope of the Report covers Wireless Charging Charger Receiver Chip Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Wireless Charging Charger Receiver Chip Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes
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Report Details
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Report Title
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Wireless Charging Charger Receiver Chip Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: IDT, Broadcom, Qualcomm, STMicroelectronics, E-Charging, ROHM Semiconductor
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Forecast Period 2022 to 2027 CAGR
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CAGR of 18.2% over the forecast period (2022-2027)
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By Type
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By Application
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- Mobile Phone
- Tablet
- Others
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By Companies
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IDT, Broadcom, Qualcomm, STMicroelectronics, E-Charging, ROHM Semiconductor
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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134
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Wireless Charging Charger Receiver Chip Report
- Evaluate Wireless Charging Charger Receiver Chip market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.
- Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.
- Get a quick outlook on the Wireless Charging Charger Receiver Chip market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.
- Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.
Frequently Asked Questions
What is the study period of this market?
The Wireless Charging Charger Receiver Chip Market is studied from 2017 - 2027.
What is the growth rate of the Wireless Charging Charger Receiver Chip Market?
The Wireless Charging Charger Receiver Chip Market is growing at a CAGR of 18.2% over the next 5 years.
Who are the key players in Wireless Charging Charger Receiver Chip Market?
IDT, Broadcom, Qualcomm, STMicroelectronics, E-Charging, ROHM Semiconductor
What regions does this Wireless Charging Charger Receiver Chip Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Wireless Charging Charger Receiver Chip Market?
5W, 15W, Others
What are the major end-use applications of Wireless Charging Charger Receiver Chip Market?
Mobile Phone, Tablet, Others
All our reports are custom-made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
