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Used and Recovered Smartphone Market
Main Article: Used and Recovered Smartphone Market
Smartphone Batteries (Global Market)
Main Article: Smartphone Batteries (Global Market)
2025: Global Wireless Chargers Sales Reach $4.34 Billion for the Year
At the end of 2024, the global market for wireless chargers reached $4.34 billion. The indicator of the previous year, when expenses in this area were estimated at $3.72 billion, was exceeded by 17%. This is stated in a study by Market Research Future, the results of which were published in mid-January 2025.
One of the main drivers of the industry, analysts call the growing popularity of wireless charging technologies. Support for the corresponding function eliminates the need to connect a cable, which increases the usability of smartphones and other mobile gadgets. In addition, the number of commercially available smartphones equipped with wireless charging facilities is constantly increasing. At the same time, the price of such devices continues to decline. Zones for replenishing the energy reserve of devices wirelessly appear in various public places.
Another stimulating factor is the growing popularity of smart homes. Residents of such dwellings often integrate wireless charging pads into various interior items, such as desktops. In addition, consumer awareness of the possibility of wireless power transmission is growing. Wireless charging technology for smartphones is supported by many modern cars.
Government programs to promote wireless charging are further driving industry growth. Authorities around the world are implementing various initiatives to promote wireless energy transmission technologies. This, in particular, is about providing financial incentives to companies that develop and produce wireless chargers, as well as investing in research and development of new wireless charging technologies.
The authors of the study note that Qi is the dominant wireless charging technology: it accounted for more than 90% of the global market in 2023. This standard is supported by a wide range of devices, including smartphones, tablets and laptops. In terms of design, flat panels, stands, solutions for charging several gadgets at once, etc. stand out. Products of the first type in 2023 accounted for more than 45% of the total revenue. In terms of power, analysts distinguish four categories: 5 W, 10 W, 15 W, as well as 20 W and above. Among them, the 10 W segment held the largest share in 2023, providing about 35% of global revenue. Smartphones, wearable gadgets, laptops and headphones are named as the key areas of use of wireless charging technologies. The dominant position is occupied by smartphones. Among the significant players in the industry are:
- LG;
- Klipsch;
- JBL;
- Bowers Wilkins;
- Mophie;
- Huawei;
- Sony;
- Sonos;
- Ultimate Ears;
- Anker;
- Belkin;
- Harman Kardon;
- Samsung;
- Bose;
- Xiaomi.
From a geographical point of view, North America is the leader, which is due to the high level of technology development, a large base of smartphone owners, etc. In second place is Europe, where consumer awareness of wireless charging is growing. At the same time, the Asia-Pacific region, South America, the Middle East and Africa are showing steady growth rates due, among other things, to an increase in smartphone penetration.
In the future, analysts at Market Research Future believe that the industry will demonstrate sustainable development. The compound percentage CAGR is expected to be 16.76%. As a result, by 2032, costs on a global scale could rise to $15 billion.[1]