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Wireless Charging Market Expected To Grow With USD 31.63 Billion By 2030

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  San Francisco, 27 March 2024:  The Report  Wireless Charging Market  Size, Share & Trends Analysis Report By Component (Transmitters, Receivers), By Technology (Inductive, Resonant, RF), By Application, By End-use, By Region, And Segment Forecasts, 2023 - 2030 The global wireless charging market size is expected to reach USD 31.63 billion by 2030, growing at a CAGR of 24.2% from 2023 to 2030, according to a new study by Grand View Research, Inc. The increasing adoption of wireless technologies in consumer electronics for charging smartphones, tablets, and other devices is driving the market growth over the forecast period. This is due to the convenience and ease of using wireless charging and the fact that it eliminates the need for cables and chargers, which is further propelling the wireless charging market growth. Moreover, the increasing adoption of wireless charging technology in the passenger vehicle business is expected to drive the market growth over the forecast period.

Wireless Charging Market Share & Trends Will Hit USD 22.25 Billion By 2022 : Grand View Research Inc.

San Francisco, 10 April 2019:  The Report  Wireless Charging Market  Analysis By Technology (Inductive, Resonant, RF), By Application (Automotive, Consumer Electronics, Industrial, Healthcare, Defense) And Segment Forecasts To 2022 The global Wireless Charging Market is projected to reach USD 22.25 billion by 2022. Increase in the demand for hassle-free charging pads is driven by factors including entangling of charging cable, insufficient availability of electric sockets in public places and malfunctioning ports due to continuous usage. These key factors are expected to increase the popularity of wireless power systems. Adoption of this technology in sectors such as healthcare and military services is expected to offer new horizons for market growth and provide new opportunities to expand.  Compatibility issues with solution standards set up by wireless charging associations, namely Wireless Power Consortium (WPC) and Air Fuel Alliance, are expected to pose a challenge for the