Asia-Pacific wireless charger market is estimated to grow significantly at a CAGR of 37.9% during the forecast period. The Asia-Pacific is estimated to be the fastest-growing region for the wireless charger market owing to the increasing telecommunication infrastructure in the region, increasing smartphone sales, increasing trend of the electric vehicle, increasing other consumer electronic products and rising disposable income of people. The regional growth is attributed to the presence of major smartphone companies such as Huawei, Xiaomi, BBK Corp, though very few flagship models of these companies support wireless charging. 

The Chinese companies are expected to offer wireless charging in their phone in the near future due to which, the region is expected to grow at the highest growth rate. For instance, in September 2019, Xiaomi announced 30W wireless charging technology. Moreover, the company is also testing 40W wireless technology. The major countries which will have a significant market share during the forecast period are India, China, and Japan. China is the largest telecommunication market in terms of the user followed by India. Apart from those nations, South Korea, Australia, Thailand, and Indonesia will play a major contributor to the market.

The companies which are contributing to the growth of Asia-Pacific wireless charger market include BMW AG, Huawei Technologies Co., Ltd., Panasonic Corp., Samsung Electronics Co., Ltd., and Tesla, Inc. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market. For instance, in May 2019, Samsung Electronics Co., Ltd. launched the Wireless Power Bank and Wireless Charging Duo Pad, expanding its portfolio in the wireless ecosystem. With this launch the sustain a strong position in the wireless charging industry by gaining more revenue from these products.

Research Methodology

The market study of the Asia-Pacific wireless charger market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, various services offered by the players, and market opportunity. The report will serve as a source for 360-degree analysis of the market delivering insights for making better business decisions.

Market Segmentation

1. Asia-Pacific Wireless Charger Market Research and Analysis by Technology
2. Asia-Pacific Wireless Charger Market Research and Analysis by Mobility
3. Asia-Pacific Wireless Charger Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the Asia-Pacific wireless charger market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Asia-Pacific wireless charger market.
• Insights about market determinants which are stimulating the Asia-Pacific wireless charger market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.