Wireless EV Charging Market Set to Skyrocket, Projected Growth to USD 743.66 Million by 2030

𝐖𝐢𝐫𝐞𝐥𝐞𝐬𝐬 𝐄𝐕 𝐂𝐡𝐚𝐫𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐨𝐫 𝐃𝐞𝐦𝐚𝐧𝐝 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐨𝐫 𝐃𝐞𝐜𝐫𝐞𝐚𝐬𝐞 𝐟𝐨𝐫 𝐰𝐡𝐚𝐭 𝐜𝐨𝐧𝐭𝐚𝐢𝐧𝐬

𝐈𝐦𝐩𝐚𝐜𝐭 𝐨𝐟 𝐂𝐎𝐕𝐈𝐃-19

The COVID-19 pandemic disrupted global supply chains and manufacturing operations, significantly affecting the automotive industry, including EV sales and infrastructure development. However, the crisis has underscored the need for resilient and efficient charging solutions, positioning wireless EV charging as a viable option to meet future fleet and public transportation needs, especially with the anticipated rise in electric bus fleets post-pandemic.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬

𝐃𝐫𝐢𝐯𝐞𝐫𝐬

The growing demand for electric and plug-in hybrid vehicles, driven by environmental regulations and consumer preferences for sustainable mobility solutions, is a primary driver of market growth. Strategic initiatives such as product innovations and collaborations among industry players further propel market expansion.

𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬

Challenges such as slower charging speeds compared to traditional cable chargers and higher technology adoption costs remain key barriers. The limitations of inductive charging over long distances and the complexity of integrating drive electronics and coils add to production costs, hindering widespread adoption.

𝐖𝐢𝐫𝐞𝐥𝐞𝐬𝐬 𝐄𝐕 𝐂𝐡𝐚𝐫𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐑𝐚𝐭𝐞 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭:

The global Wireless Electric Vehicle (EV) Charging Market is poised for exponential growth, with projections indicating a surge from USD 50.61 million in 2023 to USD 743.66 million by 2030, at an impressive CAGR of 46.8%. This report provides a comprehensive overview of the market dynamics, technological advancements, and regional insights shaping the future of wireless EV charging solutions.

𝐆𝐫𝐚𝐛 𝐘𝐨𝐮𝐫 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.maximizemarketresearch.com/request-sample/3025/

𝐖𝐢𝐫𝐞𝐥𝐞𝐬𝐬 𝐄𝐕 𝐂𝐡𝐚𝐫𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

Wireless EV Charging (WEVC) technology revolutionizes the way electric vehicles are charged by employing near-field charging via magnetic induction. This innovative technology eliminates the need for physical cables, offering greater convenience and ease of use for EV owners. Leading firms like Qualcomm are at the forefront of developing viable wireless charging solutions, enhancing the market's growth prospects.

𝐖𝐢𝐫𝐞𝐥𝐞𝐬𝐬 𝐄𝐕 𝐂𝐡𝐚𝐫𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

• 𝐛𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧

Public/Commercial Charging Station
Home Charging Unit

• 𝐛𝐲 𝐂𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭

Base Charging Pad
Power Control Unit
Vehicle Charging Pad

• 𝐛𝐲 𝐂𝐡𝐚𝐫𝐠𝐢𝐧𝐠 𝐓𝐲𝐩𝐞

Dynamic Wireless Charging System
Stationary Wireless Charging System

• 𝐛𝐲 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥

Aftermarket
OE Market

• 𝐛𝐲 𝐏𝐫𝐨𝐩𝐮𝐥𝐬𝐢𝐨𝐧

BEV
PHEV

In terms of propulsion, the BEV category had the biggest market share in 2023. The Tesla Model S, BMW i3, and Nissan Leaf are among the BEV vehicles from Tesla, BMW, and Nissan that currently provide wireless charging. Manufacturers are concentrating on BEVs because of strict government regulations designed to reduce rising emissions. The growing sales of BEVs and government backing are probably going to propel the market as a whole.

• 𝐛𝐲 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐓𝐲𝐩𝐞

Commercial Vehicle
Passenger Car

• 𝐛𝐲 𝐏𝐨𝐰𝐞𝐫 𝐒𝐮𝐩𝐩𝐥𝐲 𝐑𝐚𝐧𝐠𝐞

3-50 kW

• 𝐛𝐲 𝐂𝐡𝐚𝐫𝐠𝐢𝐧𝐠 𝐒𝐲𝐬𝐭𝐞𝐦

Magnetic Power Transfer
Capacitive Power Transfer
Inductive Power Transfer

Stationary wireless charging systems held the largest market share in 2023, offering user-friendly and dependable solutions for EV owners. These systems enable wireless charging in parking lots and public areas, fostering the development of comprehensive charging networks for electric vehicles.

𝐓𝐨 𝐚𝐜𝐜𝐞𝐬𝐬 𝐦𝐨𝐫𝐞 𝐝𝐞𝐭𝐚𝐢𝐥𝐬 𝐫𝐞𝐠𝐚𝐫𝐝𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐯𝐢𝐬𝐢𝐭 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐰𝐞𝐛𝐩𝐚𝐠𝐞: https://www.maximizemarketresearch.com/request-sample/3025/

𝐖𝐢𝐫𝐞𝐥𝐞𝐬𝐬 𝐄𝐕 𝐂𝐡𝐚𝐫𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐜𝐨𝐩𝐞 𝐚𝐧𝐝 𝐌𝐞𝐭𝐡𝐨𝐝𝐨𝐥𝐨𝐠𝐲:

A wealth of information on significant subjects, including those that are expected to support the industry's growth and upcoming issues, is included in the market research report Wireless EV Charging. The industry's competitive landscape, investment potential in the Wireless EV Charging market, and items promoted by well-known brands will all be thoroughly understood by stakeholders. The sector's quantitative and qualitative elements are examined in the study. A detailed examination of the competition for the Wireless EV Charging Market is one of the things the MMR probe looks into.

The analysis includes a detailed list of needs along with a full justification for each. Numerous primary and secondary information sources, such as official government documents, websites, annual reports, and expert and professional sources, were considered when developing the Wireless EV Charging Market.

𝐖𝐢𝐫𝐞𝐥𝐞𝐬𝐬 𝐄𝐕 𝐂𝐡𝐚𝐫𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐨𝐫 𝐃𝐞𝐦𝐚𝐧𝐝 𝐢𝐧 𝐰𝐡𝐢𝐜𝐡 𝐫𝐞𝐠𝐢𝐨𝐧𝐬??

𝐀𝐬𝐢𝐚 𝐏𝐚𝐜𝐢𝐟𝐢𝐜

Asia Pacific emerged as the largest market in 2023, driven by increasing EV penetration and substantial investments in R&D by domestic and international manufacturers. Countries like China, Japan, and India lead in automotive production and adoption of advanced technologies, including wireless EV charging systems.

𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬

Recent acquisitions and partnerships, such as Hevo Inc.'s introduction of ground-mounted wireless chargers and WiTricity's acquisition of Qualcomm's Halo wireless EV charging platform, highlight the industry's dynamic landscape. These initiatives aim to enhance product portfolios and expand market presence amidst growing competition.

𝐖𝐢𝐫𝐞𝐥𝐞𝐬𝐬 𝐄𝐕 𝐂𝐡𝐚𝐫𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

1. Robert Bosch GmbH
2. Continental AG
3. Toyota Motor Corporation
4. Electroad
5. Toshiba Corporation
6. Lg Chem Ltd
7. Witricity Corporation
8. Wave
9. Qualcomm, Inc.
10. Bombardier Inc.
11. Aerovironment Inc.
12. Hella KGaA Hueck & Co.
13. Evatran Group Inc.
14. Mojo Mobility Inc.
15. ZTE Corporation
16. Elix Wireless
17. Momentum Dynamics Corporation.
18. HEVO Power
19. Olev Technologies

𝐂𝐨𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧

The wireless EV charging market is poised for rapid expansion, fueled by technological innovations and increasing consumer demand for sustainable transportation solutions. With advancements in wireless charging capabilities and supportive regulatory frameworks, stakeholders are well-positioned to capitalize on emerging opportunities in the evolving automotive ecosystem.

𝐀𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭

This comprehensive report offers stakeholders actionable insights into the global Wireless EV Charging Market, encompassing strategic analysis, competitive landscape, and future growth prospects. It serves as an invaluable tool for decision-makers navigating the complexities of the automotive industry and seeking to leverage market trends effectively.

𝐔𝐧𝐜𝐨𝐯𝐞𝐫 𝐈𝐧-𝐃𝐞𝐩𝐭𝐡 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: https://www.maximizemarketresearch.com/market-report/wireless-ev-charging-market/3025/

𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭𝐬: 𝐖𝐢𝐫𝐞𝐥𝐞𝐬𝐬 𝐄𝐕 𝐂𝐡𝐚𝐫𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭

Section 01: Overview
Section 02: Report Scope for the Wireless EV Charging Market
Section 03: Landscape of the Wireless EV Charging Market
Section 04: Size of the Wireless EV Charging Market
Section 05: Types of Wireless EV Charging Market Segmentation
Section 06: Analysis of Competitive Forces
Section 07: Profile of Customers
Section 08: Geographic Analysis
Section 09: Decision-Making Framework
Section 10: Factors Driving and Hindering Growth
Section 11: Current Market Developments
Section 12: Assessment of Market Participants
Section 13: Detailed Analysis of Vendors

𝐊𝐞𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐬𝐰𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐖𝐢𝐫𝐞𝐥𝐞𝐬𝐬 𝐄𝐕 𝐂𝐡𝐚𝐫𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞:

What is Wireless EV Charging?
What is the growth rate of the Wireless EV Charging Market?
Which are the factors expected to drive the Wireless EV Charging market growth?
What is the CAGR at which the Wireless EV Charging market will grow during the forecast period?
What are the different segments of the Wireless EV Charging Market?
Which is the fastest growing region in the Wireless EV Chargingmarket?
What growth strategies are the players considering to increase their presence in Wireless EV Charging?
What are the upcoming opportunities and trends for the Wireless EV Charging Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Wireless EV Charging Market?
Who are the leading companies and what are their portfolios in Wireless EV Charging Market?
What segments are covered in the Wireless EV Charging Market?
Who are the key players in the Wireless EV Charging market?
𝐊𝐞𝐲 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by different segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
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𝐎𝐮𝐫 𝐀𝐝𝐝𝐫𝐞𝐬𝐬:

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