The global in-car wireless charging system market is still in the nascent stage of development and its adoption is majorly limited to premium luxury cars, and to an extent in mid-segment cars. With the advancements in technology, fast improving wireless infrastructure, and preference for hassle-free charging solutions while driving, the use of wireless charging systems are presumed to find applications beyond premium and luxury cars into sports cars, mid-segment cars, basic cars, and commercial vehicles. Improving standard of life and consequent increase in discretionary income coupled with the evolving digital habits of consumers and desire for comfort has had positive impact on the use of wireless charging units in luxury and mid-segment passenger cars. In addition, a notable increase in production of luxury coach buses from private companies is further expected to boost market demand as these players look to offer wireless charging systems as an add-on package for traveler comfort and luxury. The growth in the in-car wireless charging systems is also spurred by the huge investments made by automotive manufacturers in a bid to make their vehicles smarter.
The research study titled “Global In-car Wireless Charging System Market – Growth, Future Prospects and Competitive Analysis, 2021 – 2029” offers strategic insights into the global In-car wireless charging system industry along with the market size and estimates for the duration 2019 to 2029. The said research study covers in-depth analysis of market segments based on sales channel, end-use application and cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2019 & 2029. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities. In addition, the report includes a section providing insights on the key trends followed in the market.
In order to help strategic decision makers, the report also includes competitive profiling of the leading wireless charging solution providers, their business strategy analysis, market positioning, and key developments. Some of the major players profiled in the report include Apple, Inc., Qualcomm, Inc., Powermat Technologies Ltd., Mojo Mobility, Inc., PowerbyProxi, and Put2Go among others. Some of the car makers that offer wireless chargers in their selective models include Toyota Motor Corporation, General Motors, The Ford Motor Company, Jaguar, The Hyundai Motor Company, BMW AG, Mercedes-Benz, and Audi AG. Apart from the company profiles, the report includes a section covering the competitive landscape wherein the market positioning of the companies has been discussed. The section also provides a view of key business strategies adopted by the leading market players.
Other in-depth analysis provided in the report includes:
Overall, the research study provides a holistic view of the global in-car wireless charging system market, offering market size and estimates for the period from 2021 to 2029, keeping in mind the above mentioned factors.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of In-car Wireless Charging System market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
Segmentation | |
End-use Application
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Sales Channel
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report