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Wireless Charging IC Market Revenue Growth Supported By A CAGR Of 12.1% Through 2030
The wireless charging ic market has seen substantial growth in recent years. It is anticipated to expand from $4.99 billion in 2025 to $5.97 billion in 2026, achieving a compound annual growth rate (CAGR) of 19.8%. The historical increase can be attributed to the rise of early inductive charging platforms, augmented deployment of wireless charging in consumer electronics, the creation of foundational low-power wireless power ICs, broadened adoption of smartphone wireless charging, and an increase in commercial charging pad installations.
The wireless charging ic market size is anticipated to experience substantial growth in the upcoming years. It is projected to expand to $12.1 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 19.3%. The expansion observed during this forecast period can be attributed to the rising prevalence of electric vehicles, the increasing acceptance of high-power wireless charging modules, the widening scope of medical and wearables charging applications, the proliferation of multi-coil fast charging systems, and the growing incorporation of wireless power into industrial automation. Significant developments expected in the forecast period include the creation of intelligent wireless power modules, the enlargement of IoT-integrated charging ecosystems, progress in secure wireless power data interfaces, the advancement of ev wireless charging technologies, and the implementation of autonomous device charging systems.
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Wireless Charging IC Market Expansion Drivers: What Is Shaping Future Growth?
The escalating adoption of smart home devices is anticipated to boost the expansion of the wireless charging IC market moving forward. Smart home devices are defined as interconnected electronic gadgets and appliances that leverage internet connectivity and cutting-edge technologies, enabling users to remotely observe, manage, and automate diverse aspects of their household. Wireless Charging ICs are utilized in smart home devices to facilitate convenient and cord-free charging, thereby improving the user experience and enhancing device integration. For instance, in August 2024, according to Coolest Gadgets, a US-based online platform that reports on the latest gadgets, in the U.S., the number of households using smart home devices is projected to increase from 63.43 million in 2023 to 93.59 million by 2027, with substantial annual growth anticipated. Consequently, the expanding presence of smart home devices is a key factor propelling the wireless charging IC market.
Wireless Charging IC Market Segmentation: How Is The Market Structured Across Key Categories?
The wireless charging ic market covered in this report is segmented –
1) By Type: Receiver IC, Transmitter IC
2) By Power Range: Low Range, Medium Range, High Range
3) By Application: Smartphones, Tablets, Medical Devices, Wearable Electronic Devices, Other Applications
4) By Industry Vertical: Consumer Electronics, Automotive, IT And Telecommunication, Oil And Gas, Mining, Healthcare, Other Industry Verticals
Subsegments:
1) By Receiver IC: Single Coil Receiver IC, Multi-Coil Receiver IC, Low-Power Receiver IC
2) By Transmitter IC: Single Coil Transmitter IC, Multi-Coil Transmitter IC, High-Power Transmitter IC
Wireless Charging IC Market Trends: What Is Shaping Future Industry Growth?
Companies prominent in the wireless charging IC market are concentrating on developing innovative solutions, such as the Qi2 MPP wireless charging transmitter, to meet the escalating demand for enhanced wireless charging efficiency and safety in automotive and consumer applications. The Qi2 MPP (Magnetic Power Profile) wireless charging transmitter is a new standard established by the Wireless Power Consortium, which leverages magnetic alignment technology to boost charging efficiency and speed, allowing devices to charge up to 15 watts while ensuring optimal positioning between the charger and the device. For example, in October 2023, Infineon Technologies AG, a Germany-based semiconductor manufacturer, introduced REF_WLC_TX15W_M1, a 15 W Qi2 Magnetic Power Profile (MPP) wireless charging transmitter solution. This product offers magnet-based fixed positioning, a compact form factor, and supports both 15W fast charging and backward compatibility with 5W devices. Its importance comes from its highly integrated design, which significantly improves charging efficiency and safety, making it suitable for automotive, consumer electronics, and healthcare applications by delivering a more intuitive and secure wireless charging experience.
Wireless Charging IC Market Competitive Landscape And Leading Companies
Major companies operating in the wireless charging ic market are NXP Semiconductors N.V., Broadcom Corporation, Toshiba Corporation, Qualcomm Inc., Texas Instruments Inc., ROHM Semiconductor, Vishay Intertechnology Inc., Analog Devices Inc., MediaTek Inc., Integrated Device Technology Inc., Infineon Technologies AG, STMicroelectronics, Semtech Corporation, Samsung Electronics Co. Ltd., Zens GmbH, Devicers Inc., LG Electronics Inc., Sharp Corporation, Panasonic Corporation, Sony Group Corporation, TCL Corporation, Xiaomi Corporation, Huawei Technologies Co. Ltd.
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Wireless Charging IC Market Regional Analysis: Which Region Leads By Revenue?
Asia-Pacific was the largest region in the wireless charging IC market in 2025. The regions covered in the wireless charging ic market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.