Wireless Electric Vehicle Charging Market Size, Share, and Growth Analysis, By Propulsion Type (Battery Electric Vehicle, Plug-In Hybrid Electric Vehicle ), By Charging System, By Application, By Region - Industry Forecast 2025-2032
Zhejiang Vie Science & Technology Co., Ltd.(China)
Evatran Group, Inc.(USA)
Kato Hatsujo Kaisha Ltd.(Japan)
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Wireless Electric Vehicle (EV) Charging Market size was valued at USD 76.3 million in 2023 and is poised to grow from USD 115.52 million in 2024 to USD 3189.02 million by 2032, growing at a CAGR of 51.4% during the forecast period (2025-2032).
Wireless EV Charging technology enables the transfer of electrical energy to electric vehicles without connectors or cables, utilizing electromagnetic fields for efficient power transfer. This innovative method supports both stationary and in-motion charging, enhancing convenience for users. Furthermore, smart wireless charging systems can seamlessly integrate with smart grid infrastructure, allowing for dynamic energy management that optimizes charging based on grid demand and renewable energy availability. For instance, during low-demand periods or when renewable sources are abundant, these systems can operate cost-effectively, balancing grid loads and reducing peak energy demand. This integration fosters sustainable energy consumption and enhances overall efficiency for both consumers and utility providers, ultimately leading to lower costs and a more resilient energy ecosystem.
Top-down and bottom-up approaches were used to estimate and validate the size of the Wireless Electric Vehicle (EV) Charging market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Wireless Electric Vehicle (EV) Charging Market Segments Analysis
Global Wireless Electric Vehicle (EV) Charging Market is segmented by Propulsion Type, Charging System, Charging Type, Component, Power Supply, Vehicle Type, Distribution Channel, Application and region. Based on Propulsion Type, the market is segmented into Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicle (PHEV) and Others. Based on Charging System, the market is segmented into Magnetic Power Transfer, Inductive Power Transfer and Capacitive Power Transfer. Based on Charging Type, the market is segmented into Dynamic Wireless Charging System and Stationary Wireless Charging System. Based on Component, the market is segmented into Base Charging Pad, Power Control Unit, Vehicle Charging Pad and Battery Management Systems. Based on Power Supply, the market is segmented into 3-11KW, 11-50KW and Less than 50KW. Based on Vehicle Type, the market is segmented into Passenger Vehicles, Passenger Cars, Commercial Vehicle, Light Commercial Vehicles, Heavy Commercial Vehicles, Passenger Vehicles, Others and Electric Two-wheelers. Based on Distribution Channel, the market is segmented into Aftermarket and OEM. Based on Application, the market is segmented into Commercial Charging Stations and Home Charging Unit. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Wireless Electric Vehicle (EV) Charging Market
The global Wireless Electric Vehicle (EV) Charging market is experiencing significant growth driven by government investments in wireless charging infrastructure. Such financial support, including subsidies and grants, facilitates advancements in wireless technology and promotes sustainable transportation solutions. The benefits of fully autonomous systems, along with the reduction of bulky structures and enhanced safety features, align perfectly with the needs of urban environments. Additionally, dynamic wireless charging allows electric vehicles to charge while in motion, contributing to space optimization in densely populated cities and making the technology increasingly attractive for future urban mobility solutions.
Restraints in the Wireless Electric Vehicle (EV) Charging Market
A significant challenge facing the global wireless electric vehicle (EV) charging market is the low coupling efficiency between the charging transmitter and receiver. This inefficiency hampers the amount of power transferred during the charging process, leading to longer charging times and diminished energy efficiency. Additionally, factors such as decreased reliability and slower system performance can pose substantial obstacles to the adoption and effectiveness of wireless EV charging solutions. These limitations can hinder user satisfaction and overall market growth, making it crucial for industry stakeholders to address these issues to enhance performance and encourage wider acceptance of wireless charging technologies.
Market Trends of the Wireless Electric Vehicle (EV) Charging Market
The Wireless Electric Vehicle (EV) Charging market is witnessing a notable trend characterized by escalating investments in high-capacity wireless charging technologies. Manufacturers are focusing on innovations that enable faster and more robust charging solutions, essential for enhancing charging infrastructure across both personal and commercial sectors. A pioneering advancement from Oak Ridge National Laboratory and Volkswagen, featuring a 270-kW system, exemplifies this shift-significantly reducing downtime and catering to high-demand applications like fleet services and public transport. This technological progress is crucial for supporting the growing adoption of electric vehicles, thereby shaping a more sustainable future in transportation.
Table of Contents
Introduction
Objectives of the Study
Scope of the Report
Definitions
Research Methodology
Information Procurement
Secondary & Primary Data Methods
Market Size Estimation
Market Assumptions & Limitations
Executive Summary
Global Market Outlook
Supply & Demand Trend Analysis
Segmental Opportunity Analysis
Market Dynamics & Outlook
Market Overview
Market Size
Market Dynamics
Drivers & Opportunities
Restraints & Challenges
Porters Analysis
Competitive rivalry
Threat of substitute
Bargaining power of buyers
Threat of new entrants
Bargaining power of suppliers
Key Market Insights
Key Success Factors
Degree of Competition
Top Investment Pockets
Market Ecosystem
Market Attractiveness Index, 2024
PESTEL Analysis
Macro-Economic Indicators
Value Chain Analysis
Pricing Analysis
Technology Analysis
Regulatory Analysis
Patent Analysis
Global Wireless Electric Vehicle (EV) Charging Market Size by Propulsion Type & CAGR (2025-2032)
Market Overview
Battery Electric Vehicle (BEV)
Plug-In Hybrid Electric Vehicle (PHEV)
Others
Global Wireless Electric Vehicle (EV) Charging Market Size by Charging System & CAGR (2025-2032)
Market Overview
Magnetic Power Transfer
Inductive Power Transfer
Capacitive Power Transfer
Global Wireless Electric Vehicle (EV) Charging Market Size by Charging Type & CAGR (2025-2032)
Market Overview
Dynamic Wireless Charging System
Stationary Wireless Charging System
Global Wireless Electric Vehicle (EV) Charging Market Size by Component & CAGR (2025-2032)
Market Overview
Base Charging Pad
Power Control Unit
Vehicle Charging Pad
Battery Management Systems
Global Wireless Electric Vehicle (EV) Charging Market Size by Power Supply & CAGR (2025-2032)
Market Overview
3-11KW
11-50KW
Less than 50KW
Global Wireless Electric Vehicle (EV) Charging Market Size by Vehicle Type & CAGR (2025-2032)
Market Overview
Passenger Vehicles
Commercial Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles
Electric Two-wheelers
Global Wireless Electric Vehicle (EV) Charging Market Size by Distribution Channel & CAGR (2025-2032)
Market Overview
Aftermarket
OEM
Global Wireless Electric Vehicle (EV) Charging Market Size by Application & CAGR (2025-2032)
Market Overview
Commercial Charging Stations
Home Charging Unit
Global Wireless Electric Vehicle (EV) Charging Market Size & CAGR (2025-2032)
North America (Propulsion Type, Charging System, Charging Type, Component, Power Supply, Vehicle Type, Distribution Channel, Application)
US
Canada
Europe (Propulsion Type, Charging System, Charging Type, Component, Power Supply, Vehicle Type, Distribution Channel, Application)
Germany
Spain
France
UK
Italy
Rest of Europe
Asia Pacific (Propulsion Type, Charging System, Charging Type, Component, Power Supply, Vehicle Type, Distribution Channel, Application)
China
India
Japan
South Korea
Rest of Asia-Pacific
Latin America (Propulsion Type, Charging System, Charging Type, Component, Power Supply, Vehicle Type, Distribution Channel, Application)
Brazil
Rest of Latin America
Middle East & Africa (Propulsion Type, Charging System, Charging Type, Component, Power Supply, Vehicle Type, Distribution Channel, Application)
GCC Countries
South Africa
Rest of Middle East & Africa
Competitive Intelligence
Top 5 Player Comparison
Market Positioning of Key Players, 2024
Strategies Adopted by Key Market Players
Recent Developments in the Market
Company Market Share Analysis, 2024
Company Profiles of All Key Players
Company Details
Product Portfolio Analysis
Company's Segmental Share Analysis
Revenue Y-O-Y Comparison (2022-2024)
Key Company Profiles
WiTricity Corporation (USA)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Qualcomm Incorporated (USA)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
HEVO Inc. (USA)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Momentum Dynamics Corporation (USA)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Plug Power Inc. (USA)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
TDK Corporation (Japan)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Continental AG (Germany)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Robert Bosch GmbH (Germany)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Siemens AG (Germany)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Toyota Motor Corporation (Japan)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Hyundai Motor Company (South Korea)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Nissan Motor Corporation (Japan)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
BMW AG (Germany)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Tesla, Inc. (USA)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Elix Wireless Charging Systems (Canada)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
IPT Technology GmbH (Germany)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Delta Electronics, Inc. (Taiwan)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Zhejiang Vie Science & Technology Co., Ltd. (China)