Global Automotive USB and Wireless Charging Module Market was valued at USD 0.72 Billion in 2022 and is projected to reach USD 1.87 Billion by 2030, growing at a CAGR of 12.10% from 2024 to 2030.
The automotive industry has undergone a significant transformation with the rise of USB and wireless charging technologies. The automotive USB and wireless charging module market is experiencing rapid growth, driven by the increasing demand for in-car connectivity and the widespread adoption of electric vehicles (EVs). Drivers and passengers alike now expect seamless charging solutions for their electronic devices while on the go, creating a fertile market for innovative charging modules.
Automotive USB charging modules offer an easy and efficient way to charge devices, such as smartphones, tablets, and laptops, during car journeys. These systems are designed to support high-speed charging standards like Quick Charge and USB-C, ensuring devices are charged quickly and safely. On the other hand, wireless charging modules in cars have surged in popularity due to their convenience and futuristic appeal. These systems rely on inductive charging technology to wirelessly transmit power to devices without the need for physical connectors.
The market for automotive charging modules is expanding due to several key factors, including the proliferation of connected car technologies, the rise of mobile devices, and the growing importance of electric vehicles. According to market research, the global automotive USB and wireless charging module market is expected to reach a valuation of USD 7.5 billion by 2027, growing at a compound annual growth rate (CAGR) of 12% over the forecast period.
Technological advancements, such as the integration of smart charging features, are also contributing to the market's growth. Car manufacturers are increasingly embedding USB and wireless charging systems in their vehicles, with some offering multiple charging points to cater to the needs of multiple passengers. Additionally, safety features, such as overcharge protection, temperature control, and foreign object detection, are improving the reliability and durability of these charging systems.
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Molex
HARMAN (Samsung)
Panasonic
Shenzhen Sunway Communication
Powersphyr
Foryou Corporation
Aircharge
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 Automotive USB and Wireless Charging Module Market
Sedan
SUV
Others
Based on Types the Market is categorized into Below types that held the largest Automotive USB and Wireless Charging Module market share In 2023.
USB Module
Wireless Charging Module
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, 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 Automotive USB and Wireless Charging Module 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 Automotive USB and Wireless Charging Module Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive USB and Wireless Charging Module Market, By Type
6. Global Automotive USB and Wireless Charging Module Market, By Application
7. Global Automotive USB and Wireless Charging Module Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Automotive USB and Wireless Charging Module Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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