South Korea Wireless Charging Market Size & Outlook
Related Markets
South Korea wireless charging market highlights
- The South Korea wireless charging market generated a revenue of USD 354.2 million in 2023 and is expected to reach USD 1,518.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 23.1% from 2024 to 2030.
- In terms of segment, transmitters was the largest revenue generating component in 2023.
- Transmitters is the most lucrative component segment registering the fastest growth during the forecast period.
Wireless charging market data book summary
| Market revenue in 2023 | USD 354.2 million |
| Market revenue in 2030 | USD 1,518.8 million |
| Growth rate | 23.1% (CAGR from 2023 to 2030) |
| Largest segment | Transmitters |
| Fastest growing segment | Transmitters |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Transmitters, Receivers |
| Key market players worldwide | Belkin International, Energous Corp, Plug Power Inc, Renesas Electronics Corp, Samsung Electronics Co Ltd, Texas Instruments Inc, ConvenientPower HK, Ossia, Powermat Technologies, WiTricity |
Other key industry trends
- In terms of revenue, South Korea accounted for 5.1% of the global wireless charging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China wireless charging market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,136.9 million by 2030.
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Wireless Charging Market Scope
Wireless Charging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| WiTricity | View profile | 51-100 | Watertown, Massachusetts, United States, North America | https://www.witricity.com |
| Powermat Technologies | View profile | 51-100 | Petah Tiqva, HaMerkaz, Israel, Asia | https://www.powermat.com |
| Ossia | View profile | 11-50 | Bellevue, Washington, United States, North America | http://Ossia.com |
| ConvenientPower HK | View profile | 11-50 | Sha Tin, New Territories, Hong Kong, Asia | http://www.convenientpower.com |
| Energous Corp | View profile | 43 | 3590 North First Street, Suite 210, San Jose, CA, United States, 95134 | https://www.energous.com |
| Plug Power Inc | View profile | 3868 | 968 Albany Shaker Road, Latham, NY, United States, 12110 | https://www.plugpower.com |
| Renesas Electronics Corp | View profile | 21236 | Toyosu Foresia, 3-2-24, Toyosu, Koto-ku, Tokyo, Japan, 135-0061 | http://www.renesas.com |
| Belkin International | View profile | 5001-10000 | Playa Vista, California, United States, North America | http://www.belkin.com |
| Texas Instruments Inc | View profile | 34000 | 12500 TI Boulevard, Dallas, TX, United States, 75243 | https://www.ti.com |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
South Korea wireless charging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wireless charging market will help companies and investors design strategic landscapes.
Transmitters was the largest segment with a revenue share of 64.48% in 2023. Horizon Databook has segmented the South Korea wireless charging market based on transmitters, receivers covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Wireless Charging Component Outlook (Revenue, USD Million, 2018-2030)
- Transmitters
- Receivers
- South Korea Wireless Charging Technology Outlook (Revenue, USD Million, 2018-2030)
- Inductive
- Resonant
- Radio Frequency
- Others
- South Korea Wireless Charging Application Outlook (Revenue, USD Million, 2018-2030)
- Automotive
- Consumer Electronics
- Industrial
- Healthcare
- Defense
- Others
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Target buyers of South Korea wireless charging market databook
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Our clientele includes a mix of wireless charging market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea wireless charging market, including forecasts for subscribers. This country databook contains high-level insights into South Korea wireless charging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea wireless charging market size, by component, 2018-2030 (US$M)
South Korea Wireless Charging Market Share, 2023 & 2030 (US$M)
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