GMI Forecasts $30B Wireless Charging Market by 2026, With Smartphones a Boost

The wireless charging market’s valuation will top $30 billion by 2026, driven by electric vehicles and growing high-end smartphone demand, reported Global Market Insights Tuesday. The RF-based segment -- including near-field and far-field charging -- is expected to gain ground as it eliminates the need for proper alignment in small devices including medical implants and wearables. The report referenced Humavox’ near-field RF charging systems that allow any 3D volume -- cup holders and drawers, for instance -- to be converted into a charging station. Airlines and airports in the Middle East and Africa region have implemented multiple charging points in lounges and in aircraft seats, it said. Carriers operating in the Gulf Cooperation Council implemented wireless charging on long- and short-haul flights, it said, citing Emirates Airlines' wireless charging valet trays that use a magnetic field to transfer power wirelessly to the tray. In automotive, users will be able to charge their vehicles via charging bases embedded in parking spaces, it said.