Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Technology (Resonant, RF, Inductive, Others), By Applications (Healthcare, Automotive, Consumer Electronics, Industrial, Others) And Competitive Landscape
Product Code: ETC078304 | Publication Date: Aug 2021 | Updated Date: Jun 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Europe Wireless Charging MarketΒ |
Forecast period | 2024-2030 |
CAGR | 20.5% |
Growing Sector | AutomotiveΒ |
Europe Wireless Charging Market report thoroughly covers the By country, Β by technology, and by application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Europe wireless charging market is experiencing rapid growth as the adoption of wireless technology becomes more prevalent across various sectors. This market encompasses a range of applications, from consumer electronics such as smartphones and wearables to electric vehicles and industrial equipment. With the increasing demand for convenient and efficient charging solutions, wireless charging technology is set to transform how devices are powered and recharged, offering a seamless user experience.
According to 6Wresearch, Europe Wireless Charging Market size is projected to rise at a CAGR of 20.5% during 2024-2030. The proliferation of mobile devices with wireless charging capabilities has significantly boosted consumer interest and adoption. Additionally, the automotive industry is a major driver, with electric vehicles increasingly incorporating wireless charging systems for enhanced convenience. Regulatory support and government incentives for reducing carbon emissions and promoting sustainable technologies have further accelerated market growth. Investments in R&D by key players and the integration of advanced technologies like resonant inductive coupling are also important drivers of this market. Current trends in the market point towards greater innovation and integration of this technology. The development and deployment of more efficient and faster wireless charging technologies are crucial trends, addressing one of the major consumer concerns. The Internet of Things (IoT) is playing a role in enhancing wireless charging systems, allowing for smart wireless charging stations that can communicate with devices for optimal performance. Another notable trend is the expansion of the wireless charging landscape into public and shared spaces like cafes, airports, and public transport, offering users more convenience, leading to the Europe Wireless Charging Market growth.
The Europe wireless charging market is marked by the presence of several influential players spearheading advancements and market growth. Companies such as Qualcomm, Powermat Technologies, and Energous Corporation are at the forefront, driving innovation and the adoption of wireless charging technologies. Other prominent firms like Samsung Electronics, Apple Inc., and Siemens AG are also instrumental in developing proprietary systems and contributing to the market expansion.
Government initiatives across Europe are playing a crucial role in fostering the growth of the wireless charging market. Various EU-funded projects and national grants aim to support research and development in this field, promoting the development of standardized technologies and infrastructure. For instance, the European Green Deal emphasizes the importance of sustainable and efficient energy solutions, which includes the promotion of wireless charging for electric vehicles (EVs) as part of broader efforts to reduce carbon emissions.
The Europe wireless charging industry is poised for significant growth and transformation. The continuous advancement in technology is expected to address current limitations, such as charging efficiency and speed, making wireless charging a more attractive option for consumers and industries alike. The integration of wireless charging in smart cities, facilitated by the IoT, will enhance urban mobility and energy management. Moreover, the ongoing development of wireless charging roads and dynamic charging systems for EVs will revolutionize the automotive sector.
According to Dhaval, Research Manager, 6Wresearch, Germany is currently leading the Europe wireless charging market. The country's strong automotive industry, coupled with significant investments in electric vehicle (EV) infrastructure, positions it at the forefront of this technological evolution. German automakers like BMW and Volkswagen are actively integrating wireless charging solutions into their EV offerings, and government support for sustainable transportation initiatives further fuels this growth.
The automotive sector is currently leading the Europe wireless charging market. As electric vehicles (EVs) gain traction across the continent, the need for efficient and convenient charging solutions has surged. Leading automotive manufacturers in Europe, such as BMW, Mercedes-Benz, and Volkswagen, are heavily investing in wireless charging technologies to offer seamless charging experiences for their customers.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Europe Wireless Charging Market Overview |
3.1 Europe Regional Macro Economic Indicators |
3.2 Europe Wireless Charging Market Revenues & Volume, 2020 & 2030F |
3.3 Europe Wireless Charging Market - Industry Life Cycle |
3.4 Europe Wireless Charging Market - Porter's Five Forces |
3.5 Europe Wireless Charging Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 Europe Wireless Charging Market Revenues & Volume Share, By Technology, 2020 & 2030F |
3.7 Europe Wireless Charging Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 Europe Wireless Charging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe Wireless Charging Market Trends |
6 Europe Wireless Charging Market, 2020 - 2030 |
6.1 Europe Wireless Charging Market, Revenues & Volume, By Technology, 2020 - 2030 |
6.2 Europe Wireless Charging Market, Revenues & Volume, By Applications, 2020 - 2030 |
7 Germany Wireless Charging Market, 2020 - 2030 |
7.1 Germany Wireless Charging Market, Revenues & Volume, By Technology, 2020 - 2030 |
7.2 Germany Wireless Charging Market, Revenues & Volume, By Applications, 2020 - 2030 |
8 United Kingdom Wireless Charging Market, 2020 - 2030 |
8.1 United Kingdom Wireless Charging Market, Revenues & Volume, By Technology, 2020 - 2030 |
8.2 United Kingdom Wireless Charging Market, Revenues & Volume, By Applications, 2020 - 2030 |
9 France Wireless Charging Market, 2020 - 2030 |
9.1 France Wireless Charging Market, Revenues & Volume, By Technology, 2020 - 2030 |
9.2 France Wireless Charging Market, Revenues & Volume, By Applications, 2020 - 2030 |
10 Italy Wireless Charging Market, 2020 - 2030 |
10.1 Italy Wireless Charging Market, Revenues & Volume, By Technology, 2020 - 2030 |
10.2 Italy Wireless Charging Market, Revenues & Volume, By Applications, 2020 - 2030 |
11 Russia Wireless Charging Market, 2020 - 2030 |
11.1 Russia Wireless Charging Market, Revenues & Volume, By Technology, 2020 - 2030 |
11.2 Russia Wireless Charging Market, Revenues & Volume, By Applications, 2020 - 2030 |
12 Spain Wireless Charging Market, 2020 - 2030 |
12.1 Spain Wireless Charging Market, Revenues & Volume, By Technology, 2020 - 2030 |
12.2 Spain Wireless Charging Market, Revenues & Volume, By Applications, 2020 - 2030 |
13 Rest of Europe Wireless Charging Market, 2020 - 2030 |
13.1 Rest of Europe Wireless Charging Market, Revenues & Volume, By Technology, 2020 - 2030 |
13.2 Rest of Europe Wireless Charging Market, Revenues & Volume, By Applications, 2020 - 2030 |
14 Europe Wireless Charging Market Key Performance Indicators |
15 Europe Wireless Charging Market - Opportunity Assessment |
15.1 Europe Wireless Charging Market Opportunity Assessment, By Countries, 2020 & 2030F |
15.2 Europe Wireless Charging Market Opportunity Assessment, By Technology, 2020 & 2030F |
15.3 Europe Wireless Charging Market Opportunity Assessment, By Applications, 2020 & 2030F |
16 Europe Wireless Charging Market - Competitive Landscape |
16.1 Europe Wireless Charging Market Revenue Share, By Companies, 2020 |
16.2 Europe Wireless Charging Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |