NFC Wireless Charging Receiver Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 6.8 Billion by 2030, growing at a CAGR of 20.5% from 2024 to 2030.
The NFC wireless charging receiver market experienced substantial growth in 2022, with an estimated market size of USD 1.8 billion. The market is projected to expand at a compound annual growth rate (CAGR) of 22.5% from 2023 to 2028. This robust growth is driven by the increasing adoption of wireless charging solutions in consumer electronics, such as smartphones and wearable devices, coupled with advancements in NFC technology that enhance charging efficiency and convenience. Additionally, the proliferation of smart home devices and the integration of NFC technology in various applications are fueling market expansion.Emerging markets present significant opportunities for the NFC wireless charging receiver sector. Regions such as Asia-Pacific and Latin America are witnessing rapid technological adoption and rising disposable incomes, which drive demand for advanced consumer electronics equipped with NFC wireless charging capabilities. The growing trend of smart device connectivity and the expansion of infrastructure for smart cities further contribute to the market's potential. These factors highlight the strategic importance of targeting emerging markets to leverage growth opportunities and address the increasing consumer preference for seamless, cable-free charging solutions.
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Texas Instruments
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Infineon
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Espressif
Microchip
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global NFC Wireless Charging Receiver Market
Consumer Electronics
Automotive Electronics
Industrial Electronics
Medical Electronics
Others
Based on Types the Market is categorized into Below types that held the largest NFC Wireless Charging Receiver market share In 2023.
Embedded Receiver
External Receiver
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global NFC Wireless Charging Receiver Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global NFC Wireless Charging Receiver Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global NFC Wireless Charging Receiver Market, By Type
6. Global NFC Wireless Charging Receiver Market, By Application
7. Global NFC Wireless Charging Receiver Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global NFC Wireless Charging Receiver Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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