Middle East Induction Charger Market is expected to reach USD 52.0 million by 2030

26-Feb-2024

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The growing reliance on smartphones and electronic devices and growing integration of induction chargers in public spaces are driving up demand for the Middle East induction charger market during the forecast period.

Middle East Induction Charger Market was valued at USD 20.45 million in 2023, and is predicted to reach USD 52.0 million by 2030, with a CAGR of 13.6% from 2024 to 2030, according to new research by Next Move Strategy Consulting.

The seamless incorporation of wireless charging capabilities into public spaces and businesses throughout Middle East has significantly enhanced the convenience and accessibility of this technology. An increasing number of cafes, airports, and public transportation systems are integrating dedicated wireless charging infrastructure, motivating users to select devices compatible with induction chargers.

This widespread availability not only caters to the fast-paced lifestyle of individuals but also serves as a driving factor for market expansion, cultivating a heightened preference for induction charging solutions among consumers.

However, the extensive popularity of USB Type-C connectors in wired chargers poses a considerable obstacle to the induction charger market. This standardization ensures compatibility with a wide range of devices, establishing USB Type-C as a convenient and adaptable charging solution. Its rapid charging capabilities, its superior charging speed compared to most wireless chargers makes it more attractive, especially for users who want fast charging.

On the other hand, the launch of Qi v2.0, the latest wireless charging standard, is poised to impact the induction charger industry significantly. It offers enhanced features such as magnetic attachment, fast charging speed, higher efficiency, and greater convenience.

This new standard is expected to unify the wireless charging industry, promoting smoother, faster charging and broader interoperability. As Qi v2.0 becomes the global benchmark for wireless charging, its adoption is expected to simplify the market and enhance universal compatibility.

Request for a sample here: https://www.nextmsc.com/middle-east-induction-charger-market/request-sample

According to the report, leading players in the Middle East induction charger market include Samsung Electronics Co. Ltd., Apple Inc, Anker Innovations Technology Co. Ltd., Belkin International, Inc., Xiaomi Corporation, Huawei Technologies, ASUSTeK Computer Inc., ZAGG INC., Energizer Holdings, Inc., and Aukey Corporation Limited.

Key Insights from the Middle East Induction Charger Market Report:

  • The information related to key drivers, restraints, and opportunities and their impact on the Middle East induction charger market is provided in the report.

  • The value chain analysis in the market study provides a clear picture of the roles of each stakeholder.

  • The market share of players in the Middle East induction charger market is provided in the report along with their competitive analysis.

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