Market Overview:
India wireless charging market size reached US$ 582 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,653 Million by 2032, exhibiting a growth rate (CAGR) of 12.30% during 2024-2032. The widespread use of smartphones and wearable devices, which has created a significant market for wireless charging technologies, is driving the industry.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032 |
Historical Years
|
2018-2023
|
Market Size in 2023 |
US$ 582 Million |
Market Forecast in 2032 |
US$ 1,653 Million |
Market Growth Rate (2024-2032) |
12.30% |
Wireless charging is a technology that enables the transfer of electrical energy between a charging station and a device without the need for physical connectors or cables. It relies on electromagnetic fields to transmit power, typically using a charging pad or mat. The process involves two main components: a transmitter in the charging station and a receiver in the device being charged. When the device is placed on the charging surface, the transmitter generates an electromagnetic field, inducing an electric current in the receiver, which is then converted back into electrical power to charge the device's battery. Wireless charging offers convenience by eliminating the hassle of dealing with cords and connectors, providing a more streamlined and accessible method for powering various electronic devices.
India Wireless Charging Market Trends:
The wireless charging market in India is experiencing unprecedented growth, primarily driven by a surge in consumer demand for convenient and efficient charging solutions. Firstly, the proliferation of smartphones and other portable electronic devices has propelled the need for hassle-free charging methods. As these devices become integral parts of everyday life, users seek the convenience of wireless charging to eliminate the inconvenience of tangled cables and limited charging ports. Furthermore, the advent of 5G technology has intensified the demand for wireless charging solutions, as it necessitates faster and more reliable charging capabilities to support the increased data transfer speeds. Moreover, the automotive industry's rapid integration of electric vehicles (EVs) has emerged as a significant driver for the wireless charging market. As more automakers embrace electrification, there is a growing emphasis on developing wireless charging infrastructure to enhance the user experience and promote the widespread adoption of EVs. Additionally, the Internet of Things (IoT) ecosystem, marked by the rising connectivity of smart devices, which has created a need for seamless and cable-free charging options, is expected to drive the wireless charging market in India during the forecast period.
India Wireless Charging Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on technology, transmission range, and application.
Technology Insights:
- Inductive Charging
- Resonant Charging
- Radio Frequency Based Charging
- Others
The report has provided a detailed breakup and analysis of the market based on the technology. This includes inductive charging, resonant charging, radio frequency based charging, and others.
Transmission Range Insights:
- Short Range
- Medium Range
- Long Range
A detailed breakup and analysis of the market based on the transmission range have also been provided in the report. This includes short range, medium range, and long range.
Application Insights:
- Consumer Electronics
- Automotive
- Healthcare
- Industrial
- Defense
- Others
The report has provided a detailed breakup and analysis of the market based on the application. This includes consumer electronics, automotive, healthcare, industrial, defense, and others.
Regional Insights:
- North India
- West and Central India
- South India
- East and Northeast India
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
India Wireless Charging Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
- Technology
- Transmission Range
- Application
- Region
|
Technologies Covered |
Inductive Charging, Resonant Charging, Radio Frequency Based Charging, Others |
Transmission Ranges Covered |
Short Range, Medium Range, Long Range |
Applications Covered |
Consumer Electronics, Automotive, Healthcare, Industrial, Defense, Others |
Regions Covered |
North India, West and Central India, South India, East and Northeast India |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the India wireless charging market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the India wireless charging market?
- What is the breakup of the India wireless charging market on the basis of technology?
- What is the breakup of the India wireless charging market on the basis of transmission range?
- What is the breakup of the India wireless charging market on the basis of application?
- What are the various stages in the value chain of the India wireless charging market?
- What are the key driving factors and challenges in the India wireless charging?
- What is the structure of the India wireless charging market and who are the key players?
- What is the degree of competition in the India wireless charging market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India wireless charging market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the India wireless charging market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India wireless charging industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.