Industry: Retail and Consumer | Publish Date: 22-Feb-2024 | No of Pages: 100 | No. of Tables: 70 | No. of Figures: 35 | Format: PDF | Report Code : N/A
Taiwan Induction Charger Market was valued at USD 11.67 million in 2023, and is predicted to reach USD 38.6 million by 2030, with a CAGR of 17.9% from 2024 to 2030.
The induction charger industry, part of the wider consumer electronics sector, is undergoing swift evolution and gaining recognition on the global technology front. This field is dedicated to advancing and spreading wireless charging technology, a method that enables the transmission of electrical power without relying on physical connectors or cables.
Fundamentally, the technology behind induction chargers is grounded in electromagnetic induction, employing an electromagnetic field to facilitate the transfer of energy between two objects – typically a charging pad and a compatible device.
The growing use of smartphones and electronic devices in Taiwan has led to a rising need for wireless charging solutions. With consumers embracing a technology-driven lifestyle, the appeal of induction chargers, offering convenience and efficiency, has significantly increased.
This demand reflects a shift among Taiwanese consumers towards uncomplicated and cord-free charging solutions. Induction chargers, known for providing a smooth and effective charging experience, have consequently become the preferred choice to meet the modern requirements of tech-savvy individuals in Taiwan.
The smooth incorporation of wireless charging features in public spaces and businesses across Taiwan has notably improved the convenience and accessibility of this technology. As more cafes, airports, and public transportation systems integrate dedicated wireless charging infrastructure, users are encouraged to choose devices compatible with induction chargers.
This widespread accessibility not only accommodates the fast-paced lifestyle of individuals but also acts as a driver for market expansion by nurturing a stronger inclination towards induction charging solutions among Taiwanese consumers.
The extensive embrace 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, often surpassing those of many wireless chargers, enhance its allure, especially for users prioritizing swift charging experiences.
The launch of Qi v2.0, the latest wireless charging standard, is poised to impact the induction charger industry significantly. Offering enhanced features such as magnetic attachment, improved charging speed, higher efficiency, and greater convenience, Qi v2.0 is set to elevate user experiences.
With the first Qi v2.0 certified devices, including Apple's iPhone 15 series and various power transmitters, expected to hit the market during Christmas, significant manufacturers, including Belkin, Mophie, Anker, and Aircharge, are gearing up with compatible products. Over 100 devices are already undergoing testing or certification for Qiv2.0.
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 benchmarkfor wireless charging, its adoption will likely simplify the market and enhance universal compatibility, driving growth in the induction charger sector as more consumers move towards Qi v2.0 compatible charging solutions.
The Taiwan induction charger industry includes several market players such as 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.
5W to 15W
16W to 30W
Above 30W
Qi Standard
AirFuel
E-Commerce or Online
Offline
REPORT SCOPE AND SEGMENTATION:
Parameters |
Details |
Market Size in 2023 |
USD 11.67 Million |
Revenue Forecast in 2030 |
USD 38.6 Million |
Growth Rate |
CAGR of 17.9% from 2024 to 2030 |
Analysis Period |
2023–2030 |
Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
Market Size Estimation |
Million (USD) |
Growth Factors |
|
Companies Profiled |
10 |
Market Share |
Available for 10 companies |
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
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.
Aukey Corporation Limited.