Australia Induction Charger Market by Power Output (5W to 15W, 16W to 30W, Above 30W), by Charging Standard (Qi Standard, AirFuel), and by Distribution Channel (E-Commerce or Online and Offline) – Opportunity Analysis and Industry Forecast 2024–2030

Australia Induction Charger Market

Industry:  Consumer Goods | Publish Date: Feb 2024 | No of Pages:  100 | No. Tables:  70 | No. Figures:  35

Market Definition

Australia Induction Charger Market was valued at USD 30.48 million in 2023, and is predicted to reach USD 70.7 million by 2030, with a CAGR of 12.1% from 2024 to 2030.

The induction charger industry, part of the wider consumer electronics sector, is undergoing swift evolution and gaining recognition on the global technology front. This field is dedicated to advancing and spreading wireless charging technology, a method that enables the transmission of electrical power without relying on physical connectors or cables.

Fundamentally, the technology behind induction chargers is grounded in electromagnetic induction, employing an electromagnetic field to facilitate the transfer of energy between two objects – typically a charging pad and a compatible device.

Australia's E-Commerce sector Fuels Explosive Growth in the Induction Charger Industry 

Australia's status as the eleventh-largest e-commerce market globally, with revenue hitting USD 36.83 billion in 2023 and projected to soar to USD 57.45 billion by 2028 (a staggering 55.93% increase), is reshaping the landscape of the induction charger industry. The substantial growth in e-commerce is intricately tied to the burgeoning demand for induction chargers, fueled by the convenience of online shopping.

As consumers increasingly opt for electronic product purchases online, the induction charger sector stands to benefit significantly from this trend, reflecting a shift towards modern, efficient charging solutions in sync with the digital purchasing preferences of Australian consumers.

 

Growing Adoption of Multi-Device Charging Boosts Induction Charger Market Growth

The flourishing market for induction chargers in Australia is propelled by the advent of chargers capable of simultaneously powering multiple devices. This innovation addresses the growing need for convenience in a digitally connected world, where individuals often rely on multiple electronic devices.

The ability to charge several items concurrently not only streamlines the charging process but also caters to the evolving lifestyle preferences of Australian consumers. This feature-rich offering aligns with the demand for efficient and versatile charging solutions, significantly contributing to the robust growth of the induction charger market in the country.

Recently, JOURNEY, a US-based company, launched the Rapid TRIO 3-in-1 Wireless Charging Station, a versatile device that simultaneously charges iPhones, Apple Watches, and AirPods in locations including Australia.

The Standardization of Wired Chargers Hinders the Growth of the Induction Charger Market

The extensive embrace 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, often surpassing those of many wireless chargers, enhance its allure, especially for users prioritizing swift charging experiences.

 

Introduction of Qi v2.0 Standard for Wireless Charging Creates Ample Opportunity

The launch of Qi v2.0, the latest wireless charging standard, is poised to impact the induction charger industry significantly. Offering enhanced features such as magnetic attachment, improved charging speed, higher efficiency, and greater convenience, Qi v2.0 is set to elevate user experiences.

With the first Qi v2.0 certified devices, including Apple's iPhone 15 series and various power transmitters, expected to hit the market during Christmas, significant manufacturers, including Belkin, Mophie, Anker, and Aircharge, are gearing up with compatible products. Over 100 devices are already undergoing testing or certification for Qi v2.0.

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 benchmarkfor wireless charging, its adoption will likely simplify the market and enhance universal compatibility, driving growth in the induction charger sector as more consumers move towards Qi v2.0 compatible charging solutions.

 

Competitive Landscape

The Australia induction charger industry includes several market players such as 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.

Australia Induction Charger Market Key Segments

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

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Market Size in 2023

USD 30.48 Million

Revenue Forecast in 2030

USD 70.7 Million

Growth Rate

CAGR of 12.1% from 2024 to 2030

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Million (USD)

Growth Factors

  • Growing Adoption of Multi-Device Charging.

  • Growing E-Commerce sector.

Companies Profiled

10

Market Share

Available for 10 companies

Customization Scope

Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

Test

1      INTRODUCTION

           1.1      REPORT DESCRIPTION

           1.2      RESEARCH METHODOLOGY

                         1.2.1      SECONDARY RESEARCH

                         1.2.2      DATA ANALYSIS FRAMEWORK

                         1.2.3      MARKET SIZE ESTIMATION

                         1.2.4      FORECASTING

                         1.2.5      PRIMARY RESEARCH AND DATA VALIDATION

2      AUSTRALIA INDUCTION CHARGER MARKET – EXECUTIVE SUMMARY

           2.1.      MARKET SNAPSHOT, 2023 - 2030, MILLION USD

3      PORTER’S FIVE FORCE MODEL ANALYSIS

           3.1      BARGAINING POWER OF SUPPLIERS

           3.2      BARGAINING POWER OF BUYERS

           3.3      DEGREE OF COMPETITION

           3.4      THREAT OF SUBSTITUTE

           3.5      THREAT OF NEW ENTRANTS

4      MARKET SHARE ANALYSIS

           4.1      MARKET SHARE ANALYSIS OF TOP PROVIDERS, 2023

5      MARKET DYNAMICS

           5.1      GROWTH DRIVERS

                         5.1.1      DRIVER 1

                         5.1.2      DRIVER 2

                         5.1.3      DRIVER 3

                         5.1.4      DRIVER 4

           5.2      CHALLENGES

                         5.2.1      CHALLENGE 1

                         5.2.2      CHALLENGE 2

                         5.2.3      CHALLENGE 3

                         5.2.4      CHALLENGE 4

           5.3      OPPORTUNITIES

                         5.3.1      OPPORTUNITY 1

                         5.3.2      OPPORTUNITY 2

6       AUSTRALIA INDUCTION CHARGER MARKET BY POWER OUTPUT

           6.1      OVERVIEW

           6.2      5W TO 15W MARKET

           6.3      16W TO 30W MARKET

           6.4      ABOVE 30W MARKET

7       AUSTRALIA INDUCTION CHARGER MARKET BY CHARGING STANDARD

           7.1      OVERVIEW

           7.2      QI STANDARD MARKET

           7.3      AIRFUEL MARKET

8       AUSTRALIA INDUCTION CHARGER MARKET BY DISTRIBUTION CHANNEL

           8.1      OVERVIEW

           8.2      E-COMMERCE OR ONLINE MARKET

           8.3      OFFLINE MARKET

9     COMPANY PROFILES

           9.1     SAMSUNG ELECTRONICS CO. LTD.

                         9.1.1     COMPANY OVERVIEW

                         9.1.2     COMPANY SNAPSHOT

                         9.1.3     OPERATING BUSINESS SEGMENTS

                         9.1.4     PRODUCT PORTFOLIO

                         9.1.5     BUSINESS PERFORMANCE

                         9.1.6     BUSINESS SEGMENTS

                         9.1.7     GEOGRAPHIC SEGMENTS

                         9.1.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.1.9     PRIMARY MARKET COMPETITORS

           9.2     APPLE INC.

                         9.2.1     COMPANY OVERVIEW

                         9.2.2     COMPANY SNAPSHOT

                         9.2.3     OPERATING BUSINESS SEGMENTS

                         9.2.4     PRODUCT PORTFOLIO

                         9.2.5     BUSINESS PERFORMANCE

                         9.2.6     BUSINESS SEGMENTS

                         9.2.7     GEOGRAPHIC SEGMENTS

                         9.2.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.2.9     PRIMARY MARKET COMPETITORS

           9.3     ANKER INNOVATIONS TECHNOLOGY CO. LTD.

                         9.3.1     COMPANY OVERVIEW

                         9.3.2     COMPANY SNAPSHOT

                         9.3.3     OPERATING BUSINESS SEGMENTS

                         9.3.4     PRODUCT PORTFOLIO

                         9.3.5     BUSINESS PERFORMANCE

                         9.3.6     BUSINESS SEGMENTS

                         9.3.7     GEOGRAPHIC SEGMENTS

                         9.3.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.3.9     PRIMARY MARKET COMPETITORS

           9.4     BELKIN INTERNATIONAL, INC.

                         9.4.1     COMPANY OVERVIEW

                         9.4.2     COMPANY SNAPSHOT

                         9.4.3     OPERATING BUSINESS SEGMENTS

                         9.4.4     PRODUCT PORTFOLIO

                         9.4.5     BUSINESS PERFORMANCE

                         9.4.6     BUSINESS SEGMENTS

                         9.4.7     GEOGRAPHIC SEGMENTS

                         9.4.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.4.9     PRIMARY MARKET COMPETITORS

           9.5     XIAOMI CORPORATION

                         9.5.1     COMPANY OVERVIEW

                         9.5.2     COMPANY SNAPSHOT

                         9.5.3     OPERATING BUSINESS SEGMENTS

                         9.5.4     PRODUCT PORTFOLIO

                         9.5.5     BUSINESS PERFORMANCE

                         9.5.6     BUSINESS SEGMENTS

                         9.5.7     GEOGRAPHIC SEGMENTS

                         9.5.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.5.9     PRIMARY MARKET COMPETITORS

           9.6     HUAWEI TECHNOLOGIES

                         9.6.1     COMPANY OVERVIEW

                         9.6.2     COMPANY SNAPSHOT

                         9.6.3     OPERATING BUSINESS SEGMENTS

                         9.6.4     PRODUCT PORTFOLIO

                         9.6.5     BUSINESS PERFORMANCE

                         9.6.6     BUSINESS SEGMENTS

                         9.6.7     GEOGRAPHIC SEGMENTS

                         9.6.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.6.9     PRIMARY MARKET COMPETITORS

           9.7     ASUSTEK COMPUTER INC.

                         9.7.1     COMPANY OVERVIEW

                         9.7.2     COMPANY SNAPSHOT

                         9.7.3     OPERATING BUSINESS SEGMENTS

                         9.7.4     PRODUCT PORTFOLIO

                         9.7.5     BUSINESS PERFORMANCE

                         9.7.6     BUSINESS SEGMENTS

                         9.7.7     GEOGRAPHIC SEGMENTS

                         9.7.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.7.9     PRIMARY MARKET COMPETITORS

           9.8     ZAGG INC.

                         9.8.1     COMPANY OVERVIEW

                         9.8.2     COMPANY SNAPSHOT

                         9.8.3     OPERATING BUSINESS SEGMENTS

                         9.8.4     PRODUCT PORTFOLIO

                         9.8.5     BUSINESS PERFORMANCE

                         9.8.6     BUSINESS SEGMENTS

                         9.8.7     GEOGRAPHIC SEGMENTS

                         9.8.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.8.9     PRIMARY MARKET COMPETITORS

           9.9     ENERGIZER HOLDINGS INC.

                         9.9.1     COMPANY OVERVIEW

                         9.9.2     COMPANY SNAPSHOT

                         9.9.3     OPERATING BUSINESS SEGMENTS

                         9.9.4     PRODUCT PORTFOLIO

                         9.9.5     BUSINESS PERFORMANCE

                         9.9.6     BUSINESS SEGMENTS

                         9.9.7     GEOGRAPHIC SEGMENTS

                         9.9.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.9.9     PRIMARY MARKET COMPETITORS

           9.10     AUKEY CORPORATION LIMITED.

                         9.10.1     COMPANY OVERVIEW

                         9.10.2     COMPANY SNAPSHOT

                         9.10.3     OPERATING BUSINESS SEGMENTS

                         9.10.4     PRODUCT PORTFOLIO

                         9.10.5     BUSINESS PERFORMANCE

                         9.10.6     BUSINESS SEGMENTS

                         9.10.7     GEOGRAPHIC SEGMENTS

                         9.10.8     KEY STRATEGIC MOVES AND DEVELOPMENT

                         9.10.9     PRIMARY MARKET COMPETITORS

LIST OF TABLES

TABLE 1. AUSTRALIA INDUCTION CHARGER MARKET VALUE, BY POWER OUTPUT, 2023-2030, (MILLION USD)

TABLE 2. 5W TO 15W, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 3. 16W TO 30W, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 4. ABOVE 30W, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 5. AUSTRALIA INDUCTION CHARGER MARKET VALUE, BY CHARGING STANDARD, 2023-2030, (MILLION USD)

TABLE 6. QI STANDARD, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 7. AIRFUEL, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 8. AUSTRALIA INDUCTION CHARGER MARKET VALUE, BY DISTRIBUTION CHANNEL, 2023-2030, (MILLION USD)

TABLE 9. E-COMMERCE OR ONLINE, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 10. OFFLINE, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 11. SAMSUNG ELECTRONICS CO. LTD.: COMPANY SNAPSHOT

TABLE 12. SAMSUNG ELECTRONICS CO. LTD.: OPERATING BUSINESS SEGMENTS

TABLE 13. SAMSUNG ELECTRONICS CO. LTD.: PRODUCT PORTFOLIO

TABLE 14. SAMSUNG ELECTRONICS CO. LTD.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 15. SAMSUNG ELECTRONICS CO. LTD.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 16. SAMSUNG ELECTRONICS CO. LTD.: KEY STRATERGY

TABLE 17. APPLE INC.: COMPANY SNAPSHOT

TABLE 18. APPLE INC.: OPERATING BUSINESS SEGMENTS

TABLE 19. APPLE INC.: PRODUCT PORTFOLIO

TABLE 20. APPLE INC.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 21. APPLE INC.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 22. APPLE INC.: KEY STRATERGY

TABLE 23. ANKER INNOVATIONS TECHNOLOGY CO. LTD.: COMPANY SNAPSHOT

TABLE 24. ANKER INNOVATIONS TECHNOLOGY CO. LTD.: OPERATING BUSINESS SEGMENTS

TABLE 25. ANKER INNOVATIONS TECHNOLOGY CO. LTD.: PRODUCT PORTFOLIO

TABLE 26. ANKER INNOVATIONS TECHNOLOGY CO. LTD.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 27. ANKER INNOVATIONS TECHNOLOGY CO. LTD.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 28. ANKER INNOVATIONS TECHNOLOGY CO. LTD.: KEY STRATERGY

TABLE 29. BELKIN INTERNATIONAL, INC.: COMPANY SNAPSHOT

TABLE 30. BELKIN INTERNATIONAL, INC.: OPERATING BUSINESS SEGMENTS

TABLE 31. BELKIN INTERNATIONAL, INC.: PRODUCT PORTFOLIO

TABLE 32. BELKIN INTERNATIONAL, INC.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 33. BELKIN INTERNATIONAL, INC.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 34. BELKIN INTERNATIONAL, INC.: KEY STRATERGY

TABLE 35. XIAOMI CORPORATION: COMPANY SNAPSHOT

TABLE 36. XIAOMI CORPORATION: OPERATING BUSINESS SEGMENTS

TABLE 37. XIAOMI CORPORATION: PRODUCT PORTFOLIO

TABLE 38. XIAOMI CORPORATION: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 39. XIAOMI CORPORATION: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 40. XIAOMI CORPORATION: KEY STRATERGY

TABLE 41. HUAWEI TECHNOLOGIES: COMPANY SNAPSHOT

TABLE 42. HUAWEI TECHNOLOGIES: OPERATING BUSINESS SEGMENTS

TABLE 43. HUAWEI TECHNOLOGIES: PRODUCT PORTFOLIO

TABLE 44. HUAWEI TECHNOLOGIES: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 45. HUAWEI TECHNOLOGIES: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 46. HUAWEI TECHNOLOGIES: KEY STRATERGY

TABLE 47. ASUSTEK COMPUTER INC.: COMPANY SNAPSHOT

TABLE 48. ASUSTEK COMPUTER INC.: OPERATING BUSINESS SEGMENTS

TABLE 49. ASUSTEK COMPUTER INC.: PRODUCT PORTFOLIO

TABLE 50. ASUSTEK COMPUTER INC.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 51. ASUSTEK COMPUTER INC.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 52. ASUSTEK COMPUTER INC.: KEY STRATERGY

TABLE 53. ZAGG INC.: COMPANY SNAPSHOT

TABLE 54. ZAGG INC.: OPERATING BUSINESS SEGMENTS

TABLE 55. ZAGG INC.: PRODUCT PORTFOLIO

TABLE 56. ZAGG INC.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 57. ZAGG INC.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 58. ZAGG INC.: KEY STRATERGY

TABLE 59. ENERGIZER HOLDINGS INC.: COMPANY SNAPSHOT

TABLE 60. ENERGIZER HOLDINGS INC.: OPERATING BUSINESS SEGMENTS

TABLE 61. ENERGIZER HOLDINGS INC.: PRODUCT PORTFOLIO

TABLE 62. ENERGIZER HOLDINGS INC.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 63. ENERGIZER HOLDINGS INC.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 64. ENERGIZER HOLDINGS INC.: KEY STRATERGY

TABLE 65. AUKEY CORPORATION LIMITED.: COMPANY SNAPSHOT

TABLE 66. AUKEY CORPORATION LIMITED.: OPERATING BUSINESS SEGMENTS

TABLE 67. AUKEY CORPORATION LIMITED.: PRODUCT PORTFOLIO

TABLE 68. AUKEY CORPORATION LIMITED.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 69. AUKEY CORPORATION LIMITED.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 70. AUKEY CORPORATION LIMITED.: KEY STRATERGY

LIST OF FIGURES

FIGURE 1. BARGAINING POWER OF SUPPLIERS

FIGURE 2. BARGAINING POWER OF BUYERS

FIGURE 3. DEGREE OF COMPETITION

FIGURE 4. THREAT OF SUBSTITUTE

FIGURE 5. THREAT OF NEW ENTRANTS

FIGURE 6. AUSTRALIA INDUCTION CHARGER MARKET VALUE, BY POWER OUTPUT, 2023-2030, (MILLION USD)

FIGURE 7. 5W TO 15W, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 8. 16W TO 30W, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 9. ABOVE 30W, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 10. AUSTRALIA INDUCTION CHARGER MARKET VALUE, BY CHARGING STANDARD, 2023-2030, (MILLION USD)

FIGURE 11. QI STANDARD, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 12. AIRFUEL, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 13. AUSTRALIA INDUCTION CHARGER MARKET VALUE, BY DISTRIBUTION CHANNEL, 2023-2030, (MILLION USD)

FIGURE 14. E-COMMERCE OR ONLINE, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 15. OFFLINE, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 16. SAMSUNG ELECTRONICS CO. LTD.: NET SALES, (2021-2023)

FIGURE 17. SAMSUNG ELECTRONICS CO. LTD.: PRIMARY MARKET COMPETITORS

FIGURE 18. APPLE INC.: NET SALES, (2021-2023)

FIGURE 19. APPLE INC.: PRIMARY MARKET COMPETITORS

FIGURE 20. ANKER INNOVATIONS TECHNOLOGY CO. LTD.: NET SALES, (2021-2023)

FIGURE 21. ANKER INNOVATIONS TECHNOLOGY CO. LTD.: PRIMARY MARKET COMPETITORS

FIGURE 22. BELKIN INTERNATIONAL, INC.: NET SALES, (2021-2023)

FIGURE 23. BELKIN INTERNATIONAL, INC.: PRIMARY MARKET COMPETITORS

FIGURE 24. XIAOMI CORPORATION: NET SALES, (2021-2023)

FIGURE 25. XIAOMI CORPORATION: PRIMARY MARKET COMPETITORS

FIGURE 26. HUAWEI TECHNOLOGIES: NET SALES, (2021-2023)

FIGURE 27. HUAWEI TECHNOLOGIES: PRIMARY MARKET COMPETITORS

FIGURE 28. ASUSTEK COMPUTER INC.: NET SALES, (2021-2023)

FIGURE 29. ASUSTEK COMPUTER INC.: PRIMARY MARKET COMPETITORS

FIGURE 30. ZAGG INC.: NET SALES, (2021-2023)

FIGURE 31. ZAGG INC.: PRIMARY MARKET COMPETITORS

FIGURE 32. ENERGIZER HOLDINGS INC.: NET SALES, (2021-2023)

FIGURE 33. ENERGIZER HOLDINGS INC.: PRIMARY MARKET COMPETITORS

FIGURE 34. AUKEY CORPORATION LIMITED.: NET SALES, (2021-2023)

FIGURE 35. AUKEY CORPORATION LIMITED.: PRIMARY MARKET COMPETITORS

KEY PLAYERS

  • 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.

  • Aukey Corporation Limited.


Frequently Asked Questions
What will be the worth of Australia induction charger market by the end of 2030?

According to the report published by the Next Move Consulting, the Australia induction charger market business is expected to hit at $70.7 million (USD) by 2030.

What are the leading companies in the Australia Induction Charger Market?

The Australia induction charger industry includes several market players such as 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.

What are the market segmentations and scope of the study for the Australia induction charger market industry?

The Australia induction charger market share is segmented on the basis of power output, charging standard, and distribution channel.

What factors are contributing to the expansion of the Australia induction charger market?

The induction charger market is booming in Australia due to increased online electronic purchases and technological innovations, particularly chargers that can power multiple devices simultaneously.

What is restraining the growth of the induction charger market?

The extensive embrace of USB Type-C connectors in wired chargers poses a considerable obstacle to the induction charger market.