Sweden Induction Charger Market is expected to reach USD 46.9 million by 2030

The smooth integration of wireless charging capabilities into public spaces and modern infrastructure and an increasing demand for e-commerce are driving up demand for the Sweden induction charger market during the forecast period.

Sweden Induction Charger Market was valued at USD 15.79 million in 2023, and is predicted to reach USD 46.9 million by 2030, with a CAGR of 16.2% from 2024 to 2030, according to new research by Next Move Strategy Consulting.

Sweden's consumer goods e-commerce market is robust, with 7.60 million users spending approximately 14.99 billion USD in 2021, and per capita spending was estimated at 1971 USD. 40.4% of these e-commerce users make purchases through their mobile phones, indicating a significant opportunity for the growth of the induction charger industry.

As more consumers engage in mobile-driven e-commerce, the demand for convenient charging solutions will likely contribute to expanding the induction charger market in Sweden. E-commerce platforms such as Ideal of Sweden offer a wide range of Qi technology-based wireless chargers that drive the growth of the induction charger industry across Sweden.

However, the extensive popularity of USB Type-C connectors in wired chargers poses a considerable obstacle to the induction charger market. This standardization ensures compatibility with a wide range of devices, establishing USB Type-C as a convenient and adaptable charging solution. Its rapid charging capabilities, its superior charging speed compared to most wireless chargers makes it more attractive, especially for users who want fast charging.

On the other hand, the launch of Qi v2.0, the latest wireless charging standard, is poised to impact the induction charger industry significantly. It offers enhanced features such as magnetic attachment, fast charging speed, higher efficiency, and greater convenience. 

This new standard is expected to unify the wireless charging industry, promoting smoother, faster charging and broader interoperability. As Qi v2.0 becomes the global benchmark for wireless charging, its adoption is expected to simplify the market and enhance universal compatibility.

Request for a sample here: https://www.nextmsc.com/sweden-induction-charger-market/request-sample

According to the report, leading players in the Sweden induction charger 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.

Key Insights from the Sweden Induction Charger Market Report:

• The information related to key drivers, restraints, and opportunities and their impact on the Sweden induction charger market is provided in the report.

• The value chain analysis in the market study provides a clear picture of the roles of each stakeholder.

• The market share of players in the Sweden induction charger market is provided in the report along with their competitive analysis.

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