Growing adoption of smartphones and electronic devices and rapid expansion of wireless charging hubs. are driving up demand for the U.S. induction charger market during the forecast period.

The U.S. Induction Charger Market was valued at USD 59.70 million in 2023, and is predicted to reach USD 207.5 million by 2030, with a CAGR of 18.8% from 2024 to 2030, according to new research by Next Move Strategy Consulting.

The rapid integration of wireless charging infrastructure across prominent public spaces in the U.S., including cafes, airports, and high-traffic areas, signifies a transformative shift in charging accessibility. This widespread deployment has significantly elevated the practicality of induction chargers, providing users with convenient charging solutions in their daily environments.

The ubiquity of charging options in these public spaces not only enhances user convenience but also contributes to the growing appeal and acceptance of induction chargers among consumers. This strategic expansion of charging infrastructure plays a pivotal role in propelling the overall market growth as it aligns with the evolving needs and expectations of tech-savvy individuals seeking seamless charging experiences on the go.

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.

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According to the report, leading players in the The U.S. 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 U.S. Induction Charger Market Report:

• The information related to key drivers, restraints, and opportunities and their impact on the U.S. 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 U.S. induction charger market is provided in the report along with their competitive analysis.