Smart Power Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Smart Power Technologies and it is segment by Product (Wireless Chargers, Energy Management Systems) and Geography.

Smart Power Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Smart Power Market Size

CAGR
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 16.28 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Medium

Major Players

Smart Power Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Smart Power Market with other markets in Technology, Media and Telecom Industry

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Security & Surveillance

Smart Power Market Analysis

The Smart Power Market is expected to register a CAGR of 16.28% during the forecast period.

  • The incorporation of different wireless charging solutions into the existing wireless communication systems also presents a series of challenging issues with regard to scheduling, implementation, and power management, which act as major market restraints. Moreover, the market studied is gaining significant traction as this technology attracts a wide range of applications, from low-power toothbrushes to smartphones, because of its convenience and better user experience.
  • In the recent past, wireless charging rapidly evolved from theories toward standard features on commercial products, especially mobile phones and portable smart home devices. In 2012, the Nokia 920 became the first smartphone with built-in Qi wireless charging capability; instead of using a wired battery charger, consumers could rest the smartphone on a wireless charging pad.
  • Companies that currently offer wireless charging in smartphones (without an aftermarket product) include Apple, Samsung, Sony, LG, Nokia, Huawei, Microsoft, Google, and Blackberry. Wireless charging is also making inroads in laptops, although the adoption lags smartphones. The first wireless charging compatible laptop was Dell's Latitude 7285, which was introduced in the summer of 2017. Additionally, there are currently 18 car brands that offer wireless charging in cars, either as a standard option or an add-on solution.
  • With the surging market penetration of wireless charging technologies, microwave beamforming has been adopted as a means to remotely power electronic products. The Qi specification, developed and supported by the Wireless Power Consortium (WPC), encompasses a combination of inductive charging and magnetic resonance technologies.
  • Amidst the outbreak of COVID-19, the market is witnessing halting of production and disruption in the supply chain, leading to weakened growth of industrial output and the decline of wireless charger device manufacturing output across significant manufacturing hubs.

Smart Power Industry Overview

The Smart power market is moderately fragmented with the firm concentration ratio increasing. Thus, the intensity of competitive rivalry in the market is high. The smart power market comprises various prominent players, such as Belkin International Inc., Nokia Corporation, and Sony Corporation.

  • Sept 2020- Samsung Electronics Co. Ltd announced to launch the new Samsung Wireless Charger Trio. The new wireless charger is capable of charging three devices simultaneously. It supports the Qi wireless charging standard and that means this charger can be used to charge up any device that supports the standard, not necessarily the latest in mobile technology from Samsung.
  • Jan 2020- Belkin International Inc partnered with Devialet, which has expertise across acoustic architecture, loudspeakers, and signal processing, over 160 patents, and a premium consumer brand developed Soundform ELITE Hi-Fi Smart Speaker and fast wireless charger. The wireless charging is of 10W for impactful bass levels of the speaker

Smart Power Market Leaders

  1. Samsung Electronics Co. Ltd

  2. Sony Corporation

  3. LG Electronics Inc.

  4. Huawei Technologies Co. Ltd

  5. Nokia Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Smart Power Market.png
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Smart Power Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitute Products
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Technology Snapshot
  • 4.4 Impact of COVID-19 on the Wireless Charging Market
  • 4.5 Market Drivers
    • 4.5.1 Constantly Evolving Market for Smartphones, Wearables, and Other Portable Devices
  • 4.6 Market Restraints
    • 4.6.1 Technology is Expensive to Integrate and Comparatively Slower Charging

5. MARKET SEGMENTATION

  • 5.1 Product
    • 5.1.1 Wireless Chargers
    • 5.1.1.1 Receivers (Applications Include Smartphones, Wearable Devices, and Computing Devices)
    • 5.1.1.2 Transmitters (Applications Include Standalone, Hospitality, Furniture, Other Public Places, and Restaurants)
    • 5.1.2 Energy Management Systems
    • 5.1.2.1 Hardware (Hub Devices/Gateways, Smart Plugs, and Smart Clamps)
    • 5.1.2.2 Software (Mobile and Dashboard Applications)
  • 5.2 Geography
    • 5.2.1 North America
    • 5.2.1.1 United States
    • 5.2.1.2 Canada
    • 5.2.2 Europe
    • 5.2.2.1 Germany
    • 5.2.2.2 United Kingdom
    • 5.2.2.3 France
    • 5.2.2.4 Spain
    • 5.2.2.5 Rest of Europe
    • 5.2.3 Asia Pacific
    • 5.2.3.1 China
    • 5.2.3.2 Japan
    • 5.2.3.3 Rest of Asia Pacific
    • 5.2.4 Rest of the World

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles*
    • 6.1.1 Wireless Charger Vendors
    • 6.1.1.1 Apple Inc.
    • 6.1.1.2 Sony Corporation
    • 6.1.1.3 LG Corporation
    • 6.1.1.4 Huawei Technologies
    • 6.1.1.5 Nokia Corporation
    • 6.1.1.6 Anker Technologies Ltd
    • 6.1.1.7 Belkin International Inc.
    • 6.1.1.8 Logitech International SA
    • 6.1.1.9 Moshi Corp.
    • 6.1.1.10 Mophie (ZAGG Inc.)
    • 6.1.2 Energy Management Systems Vendors
    • 6.1.2.1 BroadLink Technology Co. Ltd
    • 6.1.2.2 Honeywell International Inc.
    • 6.1.2.3 Green Energy Options Ltd

7. WIRELESS CHARGER EMBEDDED FURNITURE TREND ANALYSIS

8. INVESTMENT ANALYSIS

9. FUTURE OF THE MARKET

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Smart Power Industry Segmentation

Wireless chargers can be embedded into various household fixtures. The study analyzes the current market scenario and key influencers for the smart power (wireless charging and energy management systems) market. The scope of the study includes the wireless chargers used for charging devices, such as smartphones, tablets, wearables, and other small consumer electronic devices; smart plugs; and energy management systems (EMS), a technology platform that controls, manages, and monitors home functions of various products in a residential setup (limited to only home EMS and excludes building EMS from the study). Market estimates are derived based on the demand for the product types, using a mix of top-down and bottom-up approach.

Product Wireless Chargers Receivers (Applications Include Smartphones, Wearable Devices, and Computing Devices)
Transmitters (Applications Include Standalone, Hospitality, Furniture, Other Public Places, and Restaurants)
Energy Management Systems Hardware (Hub Devices/Gateways, Smart Plugs, and Smart Clamps)
Software (Mobile and Dashboard Applications)
Geography North America United States
Canada
Europe Germany
United Kingdom
France
Spain
Rest of Europe
Asia Pacific China
Japan
Rest of Asia Pacific
Rest of the World
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Smart Power Market Research FAQs

What is the current Smart Power Market size?

The Smart Power Market is projected to register a CAGR of 16.28% during the forecast period (2025-2030)

Who are the key players in Smart Power Market?

Samsung Electronics Co. Ltd, Sony Corporation, LG Electronics Inc., Huawei Technologies Co. Ltd and Nokia Corporation are the major companies operating in the Smart Power Market.

Which is the fastest growing region in Smart Power Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Smart Power Market?

In 2025, the Asia Pacific accounts for the largest market share in Smart Power Market.

What years does this Smart Power Market cover?

The report covers the Smart Power Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Smart Power Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Smart Power Industry Report

Statistics for the 2025 Smart Power market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Smart Power analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.