Press release content from KISSPR. The AP news staff was not involved in its creation.

Wireless Charging ICs Market is set to register a steady CAGR of over 22.2% and attain a healthy growth revenue during the forecast period of 2022-32 | Data report by FMI

PRESS RELEASE: Paid content from KISSPR
Press release content from KISSPR. The AP news staff was not involved in its creation.
December 26, 2022 GMT

12/26/2022, Newark // Future Market Insights, Inc. //

The  wireless charging ICs are expected to reach a valuation of US$ 89.73 Bn by 2022 estimated to register the highest CAGR of 22.2% over 2022-2032. As electric vehicles (EVs) are one of the mainstream solutions for transportation, they are expected to create many opportunities for the wireless charging ICs sales growth.

The wireless charging EV is one of the emerging systems in transportation, in which the battery of an electric vehicle is charged through the technology of wireless power transfer (WPT). Any physical contact is not required in the process of electric energy transfer in WPT technology.

The wireless charging technology is commercialised to eliminate the conventional charging through plug-ins in EVs for automobiles. Users can charge their electric vehicles in public parking spaces or garages. They can also charge an electric vehicle while in motion through dynamic wireless charging. Such factors will drive the demand for wireless charging ICs globally.


Request a Sample of this Report @

Key Takeaways from Wireless Charging ICs Market Study

  • The India’s wireless charging ICs market is expected to offer lucrative growth opportunities due to the increasing investments in wireless technology.
  • The market in the U.S. is projected to expand at a CAGR of 13.6% through 2031, while that in Germany at around 16.9%.
  • Increasing demand for wireless charging ICs for in-cabin automotive applications is anticipated to fuel the demand at 17.7% CAGR over the forecast period.
  • Despite China’s dominance in East Asia, Japan and South Korea will emerge as markets with stronger potential, exhibiting 18.5% and 20.0% CAGR, respectively through 2031.

Impact of COVID-19 on Wireless Charging ICs Market

Due to highly disruptive global pandemic, the semiconductor industry is forced to transform its global supply chain model. China as one of the largest manufacturer of semiconductor products, accounted 50% of semiconductor consumption across the globe in 2019.

Total consumption in China was projected to be $231 billion in 2020 including $190 billion from foreign semiconductor manufacturers.


This disruption is going to have a significant impact on semiconductor manufactures across the globe and up and down the electronics value chain. In addition, wireless charging ICs manufacturers are taking this pandemic as an opportunity to rethink and remodel their paradigms.

It will open a window for semiconductor suppliers and manufacturers to collaborate to develop more flexible semiconductor supply networks and improve the efficiency of their products. Wireless charging ICs manufacturing companies are focusing on changing industry dynamics and growth stimulation to prepare themselves for the next normal.

Get More Information on this Report @

Increasing Adoption of Wireless Charging ICs in Healthcare Industry Proliferating Growth of the Market nowadays, hospitals use a wide range of medical devices from surgical tools to portable carts along with personal medical devices, such as wearables and implantable devices. Hospitals face several challenges related to power and charging.


It becomes extremely difficult when handheld medical devices are tethered to the wall by cumbersome cables for charging. As the use of these medical devices increases, wireless charging plays an important role in improving patients’ quality of life and user experience.

The need for cables and electric cavities can be eliminated with the help of wireless charging. Medical teams can work in a cable-free environment and charge personal medical devices with the charging spot. Thus, increasing demand for wireless charging ICs in the healthcare industry will drive the market’s growth.

Key Market Segments

By Technology

  • Inductive
  • Resonant
  • Radio Frequency
  • Others

By Industry Vertical

  • Electronics
  • Automotive
  • Industrial
  • Healthcare
  • Aerospace & Defense


By Region

  • North America
  • Europe
  • Asia-Pacific

Request for TOC @

Explore Other Related Reports Links From Technology Market

Cybersecurity Insurance Market Size  – The cybersecurity insurance revenue totaled at US$ 9.5 Billion in 2021. The cybersecurity insurance market is expected to reach US$ 61.2 Billion by 2032, exhibiting growth at 18.2% CAGR between 2022 and 2032.

Fraud Detection and Prevention Market Trends  – The fraud detection and prevention market is likely to grow with an estimated CAGR of 17.3% from 2022 to 2032. The market share was worth US$ 27.1 Bn in 2022.

Authentication Solution Market Demand  – The global authentication solution market revenue totaled ~US$ 13.1 Bn in 2021. The authentication solution market is expected to reach ~US$ 56.3 Bn by 2032, growing at a CAGR of 14.4% for 2022 – 2032.

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.


Contact Us:
Future Market Insights,
Unit No: 1602-006,
Jumeirah Bay 2,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers,
United Arab Emirates
For Sales Enquiries:
Browse All Reports:

The post Wireless Charging ICs Market is set to register a steady CAGR of over 22.2% and attain a healthy growth revenue during the forecast period of 2022-32 | Data report by FMI appeared first on Future Market Insights.

Source: Future Market Insights, Inc.

Release ID: 476909

Original Source of the original story >> Wireless Charging ICs Market is set to register a steady CAGR of over 22.2% and attain a healthy growth revenue during the forecast period of 2022-32 | Data report by FMI

This content is published on behalf of the above source. Please contact them directly for any concern related to the above. 

This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.