This report is designed for companies and decision-makers seeking actionable insights on market size, growth, trends, and competitive strategies to drive expansion and success in the Magnetic Wireless Car Charger industry.
How has the magnetic wireless car charger market size changed in recent years, and what is the outlook ahead?
The magnetic wireless car charger market size has grown rapidly in recent years. It will grow from $1.05 billion in 2024 to $1.18 billion in 2025 at a compound annual growth rate (CAGR) of 12.3%. The growth in the historic period can be attributed to increasing use of smartphones, rising demand for in-car convenience, growing adoption of electric vehicles, expansion of automotive technology, and increasing awareness of wireless charging benefits.
The magnetic wireless car charger market size is expected to see rapid growth in the next few years. It will grow to $1.85 billion in 2029 at a compound annual growth rate (CAGR) of 11.9%. The growth in the forecast period can be attributed to growing demand for autonomous vehicles, increasing government regulations promoting eco-friendly solutions, expansion of electric vehicle infrastructure, rising consumer demand for seamless in-car experiences, and growing focus on energy efficiency in automotive solutions. Major trends in the forecast period include technological advancements, developments in wireless charging technology, investment in research and development, innovations in energy transfer systems, and advancements in charging speed.
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What are the top economic and technological drivers pushing magnetic wireless car charger market growth?
The increasing demand for electric vehicles is expected to propel the growth of the magnetic wireless car charger market going forward. Electric vehicles (EVs) are cars that use electricity from rechargeable batteries as their primary or partial source of power rather than relying solely on gasoline or diesel engines. The rise of electric vehicles is driven by growing environmental awareness as governments and consumers look for cleaner options to cut greenhouse gas emissions. Magnetic wireless chargers for electric vehicles provide cable-free charging by using magnetic alignment to position the vehicle’s charging pad. This method ensures efficient power transfer and minimizes wear on connectors, enhancing convenience. For instance, in March 2025, according to Statistics Canada, a Canada-based government agency, in 2022, electric vehicles accounted for 3.0% of light-duty vehicle registrations, up from 2.3% in 2021. Therefore, the increasing demand for electric vehicles is driving the growth of the magnetic wireless car charger market.
How is the magnetic wireless car charger market segmented by product, application, and end-user?
The magnetic wireless car charger market covered in this report is segmented –
1) By Product Type: Standard Magnetic Wireless Chargers, Fast Charging Magnetic Wireless Chargers, Multi-Device Magnetic Wireless Chargers, Portable Magnetic Wireless Chargers, Magnetic Wireless Charging Mounts
2) By Vehicle Type: Passenger Cars, Commercial Vehicles
3) By Charging Standard: Qi Standard, Power Matters Alliance (PMA) Standard, Other Charging Standards
4) By Distribution Channel: Online Stores, Offline Stores
5) By End-User Application: Consumer Electronics, Automotive Industry, Commercial Fleets, Public Transport Vehicles, Emergency Services Vehicles
Subsegments:
1) By Standard Magnetic Wireless Chargers: Qi-Certified Magnetic Chargers, Dashboard Or Console Mount Chargers, Universal Serial Bus Type-C (USB-C) Powered Magnetic Chargers
2) By Fast Charging Magnetic Wireless Chargers: 15 Watts Fast Charging Magnetic Chargers, 20 Watts And Above Magnetic Chargers, Power Delivery (PD) Compatible Magnetic Chargers
3) By Multi-Device Magnetic Wireless Chargers: Dual-Device Magnetic Chargers, Triple-Device Magnetic Chargers, Foldable Or Modular Multi-Device Chargers
4) By Portable Magnetic Wireless Chargers: Magnetic Wireless Power Banks, MagSafe-Compatible Battery Packs, Keychain Or Compact Travel Magnetic Chargers
5) By Magnetic Wireless Charging Mounts: Air Vent Mount Magnetic Chargers, Dashboard Mount Magnetic Chargers, Windshield Mount Magnetic Chargers, Compact Disc (CD) Slot Mount Magnetic Chargers
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What are the key trends shaping the magnetic wireless car charger market in the forecast period?
Major companies operating in the magnetic wireless car charger market are focusing on developing advanced products, such as multi-device magnetic wireless chargers, to improve the overall user experience with faster and more efficient power delivery. Multi-device magnetic wireless chargers allow simultaneous charging of multiple devices through magnetic alignment, eliminating the need for physical connectors. These chargers offer a convenient and tidy solution, often featuring multiple pads or a single multi-functional pad. For instance, in January 2022, Kodak, a US-based photography company, partnered with Georgian Enterprises, an India-based company specializing in consumer electronics and mobile accessories, to launch two MagSafe wireless chargers in India. It is designed for the iPhone 12 and iPhone 13 series. The products include a car wireless charger (model WCM101C) and a home wireless charger (model WCM201), both offering up to 15W fast charging with strong neodymium magnets for secure phone placement and a 360-degree rotating mount for the car charger. These chargers come with safety features like overvoltage and overcharging protection and are available on Amazon and Flipkart with a one-year warranty.
Which leading companies are dominating the magnetic wireless car charger market landscape?
Major companies operating in the magnetic wireless car charger market are Anker Innovations Co. Ltd., ESR Tech, Aukey Technology Co. Ltd., Peak Design LLC, Satechi LLC, Verbatim GmbH, Shenzhen Baseus Technology Co. Ltd., Ugreen Group Ltd., Scosche Industries Inc., Syncwire Inc., WiTricity Corporation, Epico s.r.o., Zens B.V., WiWU Technology Co. Ltd., XVIDA d.o.o., Cygnett Pty Ltd., Avanca International B.V., Beelan Technology Co. Ltd., Raegr India, Kapaver Private Limited
Which geographic areas are expected to offer the highest growth opportunities in themagnetic wireless car charger market?
North America was the largest region in the magnetic wireless car charger market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the magnetic wireless car charger market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
How Can Companies Use The Magnetic Wireless Car Charger Market Report to Drive Business Results?
This report provides actionable insights tailored for business use—not academic analysis. Companies can leverage the data to:
• Time market entry or expansion using growth forecasts and CAGR trends.
• Develop competitive products by tracking key technology shifts and user preferences.
• Tailor regional strategies with in-depth geographic data and local market dynamics.
• Benchmark and plan partnerships using competitive landscape insights.
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