The UK Induction Charger Market

Plastic Optic Fiber Market Report Thumbnail

The UK Induction Charger Market by Power Output (5W to 15W, 16W to 30W, Above 30W), by Charging Standard (Qi Standard, AirFuel), and by Distribution Channel (E-Commerce or Online and Offline) – Opportunity Analysis and Industry Forecast 2024–2030

Industry: Retail and Consumer | Publish Date: 16-Feb-2024 | No of Pages: 100 | No. of Tables: 70 | No. of Figures: 35 | Format: PDF | Report Code : N/A

  • Facebook
  • Linkedin
  • Whatsapp

Market Definition

The UK Induction Charger Market was valued at USD 21.97 million in 2023, and is predicted to reach USD 61.51 million by 2030, with a CAGR of 15.2% 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.

Growing Adoption of Wireless Chargers Fuels Induction Chargers Market Growth

The wireless charging market has experienced substantial growth, attributed to the rising popularity of wireless chargers for mobile phones and the emergent trend of smart shelves incorporating wireless charging capabilities. A notable illustration of this trend is the introduction of IKEA's SYMFONISK shelf in the UK in July 2022.

This innovative shelf features a Qi-compatible wireless charging pad and an 18W USB-C charging port, allowing simultaneous charging of other compatible devices. The fusion of convenience and functionality in such products has played a pivotal role in propelling market expansion. Furthermore, local companies are actively involved in producing innovative wireless chargers across the country, contributing to the flourishing demand in the induction charger market.

For instance, SleepHalo offers a groundbreaking wireless phone charger utilizing the Qi standard, capable of blocking radiation. This charger is compatible with various modern phones, including Apple iPhones, Google, Huawei, LG, Microsoft, and Sony.

 

Growing Adoption of Smartphones and Electronic Devices fuels Induction Chargers Market Growth

The surge in demand for induction chargers in the UK can be attributed to the widespread adoption of smartphones and electronic devices that support wireless charging. As these devices become increasingly prevalent, consumers are drawn to the convenience and hassle-free experience that wireless charging offers.

The elimination of cumbersome cables and the ability to simply place devices on charging pads have significantly contributed to the rising popularity of induction chargers, making them a preferred choice for individuals seeking efficient and user-friendly charging solutions.

The Standardization of Wired Chargers Hinders the Growth of the Induction Charger Market

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.

 

Introduction of Qi v2.0 Standard for Wireless Charging Creates Ample Opportunity

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 Qi v2.0.

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 benchmark for 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.

 

Competitive Landscape

The UK 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.

The UK Induction Charger Market Key Segments

By Power Output        

  • 5W to 15W

  • 16W to 30W

  • Above 30W            

By Charging Standard        

  • Qi Standard

  • AirFuel

By Distribution Channel

  • E-Commerce or Online

  • Offline

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Market Size in 2023

USD 21.97 Million

Revenue Forecast in 2030

USD 61.5 Million

Growth Rate

CAGR of 15.2% from 2024 to 2030

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Million (USD)

Growth Factors

  • Surge in demand for induction chargers

  • Rising popularity of wireless chargers for mobile phones

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.

KEY PLAYERS

  • 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.

Bar chart Pie chart Pie chart

Frequently Asked Questions

According to the report published by the Next Move Consulting, the UK induction charger market business is expected to hit at $61.51 million (USD) by 2030.

The UK 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.

The UK induction charger market share is segmented on the basis of power output, charging standard, and distribution channel.

The factors contributing to the expansion of the UK induction charger market are surge in demand for induction chargers and rising popularity of wireless chargers for mobile phones.

The extensive embrace of USB Type-C connectors in wired chargers poses a considerable obstacle to the induction charger market.

Download Free Sample

Please Enter Full Name

Please Enter Valid Email ID

Please enter Country Code and Phone No

Please enter message

popular
$2,575
$1,575
$3,875
$2,975

This website uses cookies to ensure you get the best experience on our website. Learn more