Wireless Charging Market

Energizer Holdings, Inc. (US) and Samsung Group (South Korea) are Leading Players in the Wireless Charging Market

The wireless charging device typically comprises a transmitter and a receiver. The introduction of wireless charging has eliminated the need to plug in wires or cords to charge electronic devices. This technology can also be used to charge an electric vehicle at a wireless charging-enabled parking lot in commercial and residential buildings. Thus wireless charging enhances the convenience of electric vehicles and other electronic devices. The overall wireless charging market is expected to be valued at USD 4.5 billion in 2021 and projected to reach USD 13.4 billion by 2026, at a CAGR of 24.6% between 2021 and 2026.

Energizer Holdings, Inc. (US), Evatran Group (US), Energous Corporation (US), Leggett & Platt (US), Powermat (Israel), Momentum Wireless Power (US), Ossia Inc. (US), Powercast Corp. (US), Samsung Group (South Korea), Elix Wireless (Canada), WiTricity Corporation (US), and Zens (Netherlands), are among the major players in the wireless charging market.

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Energizer deals in two of types of wireless chargers: chargers based on the Qi wireless charging standard, and those based on magnetic resonance charging technology. Energizer has operations in more than 40 locations as well as distributors in more than 140 countries. As one of the major wireless charging technology providers, Energizer is in a position to expand its business into new product categories. As a technology innovator, the company focuses on meeting changing customer needs by providing the most advanced technologies and highest quality products including wireless charging solutions and power banks. Energizer focuses on delivering The company has built a consistent distribution network to reach a majority of its potential market.

Samsung is one of the world’s leading multinational electronics conglomerates. Samsung provides a wide range of wireless charging products. The company is focusing on the development of multi-device wireless chargers that will generate significant revenue in the near future. Samsung has a strong customer base and recognizable brand name in the Asian market, especially in China and India. The company has 212 overseas subsidiaries for product manufacturing, sales, and R&D in US, Europe, Asia, and Africa. A public company, it is listed on the Korea Exchange, London Stock Exchange, and Frankfurt Stock Exchange.

Related Reports:

Wireless Charging Market with COVID-19 Impact by Implementation (Transmitters, Receivers), Technology (Magnetic Resonance, Inductive, Radio Frequency), Application (Consumer Electronics, Healthcare, Automotive), and Region - Global Forecast to 2026

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Report Code
SE 2963
RI Published ON
1/29/2021
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