UK Induction Charger Market to Reach USD 62 Million by 2030, Driven by Rising Demand for Wireless Charging Solutions
According to Next Move Strategy Consulting, the UK Induction Charger Market is poised for significant growth, projected to reach USD 62 million by 2030. This growth is driven by a compound annual growth rate (CAGR) of 15% from 2024 to 2030. As consumer demand for wireless charging solutions continues to surge, the induction charger market is rapidly evolving, offering consumers greater convenience and ease of use in charging their devices without the need for physical connectors or cables.
Induction chargers, which rely on electromagnetic induction to wirelessly transfer power between a charging pad and a compatible device, have gained widespread popularity as the demand for portable electronics and mobile devices continues to rise. With innovations such as IKEA's SYMFONISK shelf and the expected release of Qi v2.0-enabled products, the UK induction charger market is well-positioned for further expansion in the coming years.
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Growing Adoption of Wireless Chargers Across the UK
The adoption of wireless chargers for smartphones and other electronic devices has skyrocketed in the UK, driven by consumer demand for more efficient and user-friendly charging solutions. The convenience of wireless charging—allowing users to charge their devices without the hassle of tangled cables—has made induction chargers increasingly popular among UK consumers.
An example of this growing trend is the introduction of IKEA’s SYMFONISK shelf in the UK, which features an integrated wireless charging pad compatible with Qi-enabled devices. The product’s success reflects the rising consumer interest in multifunctional products that offer both convenience and practical functionality. Similarly, innovative wireless chargers like SleepHalo, which can charge devices while blocking radiation, are gaining popularity, further driving market growth in the UK.
As the demand for mobile phones and smart electronics continues to rise, the need for more efficient, convenient charging solutions is expected to propel the market further. Induction chargers’ growing popularity aligns with the broader shift toward wireless technology across various industries.
Rise in Smartphone and Electronic Device Usage
The surge in demand for smartphones, wearables, and other connected devices that support wireless charging is a key factor driving the UK induction charger market. With most new smartphones and tech gadgets adopting the Qi standard for wireless charging, consumers are increasingly looking for devices that offer a seamless, cable-free charging experience. As consumer reliance on mobile technology increases, so too does the demand for more efficient, convenient charging options.
In addition, companies such as Apple, Anker, and Belkin are actively introducing new products in the market to cater to the growing consumer preference for wireless charging. With more brands offering Qi-compatible products, wireless charging solutions are expected to become a standard feature in consumer electronics.
Standardization of Wired Chargers Impedes Growth
Despite the widespread adoption of wireless charging, the growing use of USB Type-C connectors for wired charging presents a challenge to the induction charger market. USB Type-C provides faster charging speeds and universal compatibility, making it a preferred choice for many consumers. As a result, the adoption of wired charging solutions remains a strong competitor to wireless chargers, particularly for users who prioritize rapid charging times.
However, the growing demand for convenience and the shift toward a more wireless lifestyle continue to make induction chargers a desirable alternative, especially for consumers who value the ease and convenience of wireless charging.
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Qi v2.0 Standard to Drive Market Growth
A major development set to transform the UK induction charger market is the anticipated launch of Qi v2.0, the latest wireless charging standard. Qi v2.0 introduces significant enhancements over its predecessor, including magnetic alignment, improved charging speeds, higher efficiency, and better compatibility. These advancements are set to provide consumers with a smoother, more reliable wireless charging experience, while manufacturers are gearing up to release new Qi v2.0-compatible devices.
As the Qi v2.0 standard becomes widely adopted, it is expected to drive growth in the induction charger market by improving interoperability and offering consumers a faster, more convenient charging solution. The introduction of Qi v2.0-certified devices, including the Apple iPhone 15 series and various power transmitters, is expected to increase consumer confidence in wireless charging and accelerate adoption in the UK.
Competitive Landscape
The UK Induction Charger Market is highly competitive, with a range of key players vying for market share. Major companies operating in the market include Samsung Electronics Co. Ltd., Apple Inc., Anker Innovations Technology Co. Ltd., Belkin International, Inc., Xiaomi Corporation, Huawei Technologies, ASUSTeK Computer Inc., ZAGG Inc., Energizer Holdings, Inc., and Aukey Corporation Limited.
These companies are focused on innovation, offering a wide range of products designed to meet the growing demand for wireless charging solutions. As the market expands, competition is expected to intensify, with companies continuing to improve charging speeds, design, and environmental sustainability features to capture a larger share of the growing consumer base.
Key Market Segments
The UK Induction Charger Market is segmented into the following categories:
- By Power Output:
- 5W to 15W
- 16W to 30W
- Above 30W
- By Charging Standard:
- Qi Standard
- AirFuel
- By Distribution Channel:
- E-Commerce or Online
- Offline
Conclusion
The UK Induction Charger Market is set to experience substantial growth, driven by the increasing demand for wireless charging solutions, the widespread adoption of smartphones, and the introduction of the Qi v2.0 wireless charging standard. With a projected market size of USD 61.51 million by 2030, the induction charger market in the UK is expected to expand rapidly, offering consumers more efficient, convenient, and eco-friendly charging options.
As the market evolves, the ongoing innovation by leading players and the growth of wireless charging infrastructure will continue to shape the future of the UK induction charger industry, providing new opportunities for both consumers and manufacturers.
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