Press release
Wireless Electric Vehicle (EV) Charging Market Prominent Trends and Revenue Forecast by 2032
Wireless Electric Vehicle (EV) Charging Market
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).
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For example, when demand is low or renewable energy supply is high, then the use of wireless chargers can function efficiently by using energy when it is cost effective. This integration helps in maintaining balance of the grid load, reducing the peak energy demand and thus, making the energy consumption more sustainable. The implementation of smart grid technology helps both consumers as well as utility providers by increasing efficiency while reducing cost.
Market Segmentation:
Propulsion Type
Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicle (PHEV), Others
Charging System
Magnetic Power Transfer, Inductive Power Transfer, Capacitive Power Transfer
Charging Type
Dynamic Wireless Charging System, Stationary Wireless Charging System
Component
Base Charging Pad, Power Control Unit, Vehicle Charging Pad, Battery Management Systems
Power Supply
3-11KW, 11-50KW, Less than 50KW
Vehicle Type
Passenger Vehicles, Commercial Vehicle, Electric Two-wheelers
Distribution Channel
Aftermarket, OEM
Application
Commercial Charging Stations, Home Charging Unit
Wireless Electric Vehicle (EV) Charging Market Key Players:
WiTricity Corporation (USA)
Qualcomm Incorporated (USA)
HEVO Inc. (USA)
Momentum Dynamics Corporation (USA)
Plug Power Inc. (USA)
TDK Corporation (Japan)
Continental AG (Germany)
Robert Bosch GmbH (Germany)
Siemens AG (Germany)
Toyota Motor Corporation (Japan)
Hyundai Motor Company (South Korea)
Nissan Motor Corporation (Japan)
BMW AG (Germany)
Tesla, Inc. (USA)
Elix Wireless Charging Systems (Canada)
IPT Technology GmbH (Germany)
Delta Electronics, Inc. (Taiwan)
Zhejiang Vie Science & Technology Co., Ltd. (China)
Evatran Group, Inc. (USA)
Kato Hatsujo Kaisha Ltd. (Japan)
Essential regions of the Wireless Electric Vehicle (EV) Charging market are:
• Wireless Electric Vehicle (EV) Charging North America Market includes (Canada, Mexico, USA)
• Wireless Electric Vehicle (EV) Charging Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
• Wireless Electric Vehicle (EV) Charging Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
• Wireless Electric Vehicle (EV) Charging South America Market includes (Brazil, Argentina)
Wireless Electric Vehicle (EV) Charging Key Market Trends:
Increasing Investments in High-Capacity Wireless Charging Solutions: There is an increase in investment from manufacturers in high-capacity wireless charging technologies to provide faster and powerful EV charging. This change aims to improve charging infrastructure for both personal and commercial use. A new discovery from Oak Ridge National Laboratory and Volkswagen includes a 270-kW system, which means reducing downtime and supporting heavy use applications like fleets and public transportation, all of which will contribute towards increasing EV adoption.
Rising Popularity of Dynamic (On-the-Go) Wireless Charging: Technological advancement in wireless charging allows an EV to charge while driving on the equipped roads. It is consistent with the need to have continuous power during long travel, reducing range anxiety. Despite the novelty, projects such as Italy's Arena of the Future demonstrates the technology's possibilities. Considering the increasing need to charge your devices away from a fixed surface, dynamic wireless charging is likely to increase its scope.
What's more, it likewise covers the request and give of the promoting research concentrate in the assessed figure time frame. Explained investigation of the market players with their profile, deals examination and serious scene is given in the report. Besides, organization, joint effort and consolidations in the business are referenced for the accommodation of the investigation of the global Wireless Electric Vehicle (EV) Charging industry.
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https://vinitsawant.hatenablog.com/entry/2025/04/28/195915?_gl=1*12cr26v*_gcl_au*NzA0MzAyMjA2LjE3NDI5MDgxOTA.
Objectives of the Study:
• To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
• To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
• To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
• To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
• To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
• To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
• To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market
Looking ahead, the Wireless Electric Vehicle (EV) Charging Market is poised for continued growth, driven by evolving consumer preferences and ongoing innovations. The trend towards sustainability is expected to strengthen, with more consumers seeking products that align with their values. Additionally, the integration of advanced technologies and digital platforms will likely further enhance market accessibility and consumer engagement. The global Wireless Electric Vehicle (EV) Charging Market is a dynamic and evolving landscape, shaped by a confluence of trends and factors.
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We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific.
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