EV Wireless Power Transfer Market to Hit $3.7 Billion by 2030 as Automakers Drive Seamless Cable-Free Charging Boom

The Global EV Wireless Power Transfer Market is expected to reach US$3,718.7million by 2030, growing with an impressive CAGR of 97.1% during the forecast period 2024-2032. This rapid expansion is driven by increasing demand for electric vehicles, the push for more efficient and user-friendly charging solutions, and significant advancements in wireless power transfer technologies. OEMs and leading automakers are investing in seamless, cable-free charging systems that reduce downtime and enhance consumer convenience. Government drive toward zero-emission transport are bolstering adoption worldwide.

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USA Market:

• The U.S. wireless power transmission market was valued USD 2.04 billion in 2023.

• It is expected to grow USD 6.20 billion by 2032, with a CAGR of 13.18% from 2024 to 2032.

• North America, led by the USA, holds a dominant share with about 38.5% of the wireless power transfer market globally in 2025.

• Growth drivers include strong investments in EV wireless charging infrastructure, technological innovations, and the presence of key players like WiTricity and Qualcomm Halo.

Japan Market:

• The wireless power transmission market size in Japan was valued at approximately USD 180 million in 2024.

• It is projected to grow significantly, reaching about USD 880 million by 2032, corresponding to a CAGR of around 24.5% from 2025 to 2032.

• Japan benefits from strong government support, ongoing research and development, and collaboration between automakers and tech companies to advance wireless charging.

• Initiatives include pilot projects for in-motion EV wireless charging and integration into industrial automation, smart homes, and consumer electronics.

EV Wireless Power Transfer Market Recent Key Developments

➤In June 2025, EDF acquired UK EV charging firm Pod Point for about USD 12.9 million, marking a notable EV charging sector deal, though not directly in wireless charging.

➤ Oak Ridge National Laboratory (ORNL) and Volkswagen Group of America have demonstrated a 270-kilowatt (kW) wireless power transfer system, a significant leap from previous 100-kW systems. This high-power charging boosts fast wireless charging capabilities for light-duty EVs like the Porsche Taycan, with a receiver coil that achieves 8 to 10 times higher power density compared to existing systems, making it the most lightweight charging system per kilowatt in the world.
➤ Innovations in magnetic gear-based WPT systems have improved power transfer efficiency and reduced mechanical wear, offering a promising alternative to dominant inductive and capacitive wireless charging methods. Research also highlights challenges such as misalignment and electromagnetic interference being addressed through advanced control algorithms and AI-driven adaptive charging techniques, enabling real-time power flow optimization and system resilience.

➤ Development of dynamic wireless power transfer (DWPT) technology enabling electric vehicles to charge continuously while in motion on specially equipped roadways. This dynamic charging can potentially reduce battery size, extend driving range, and enhance EV practicality by providing uninterrupted power. Stationary WPT systems continue to evolve for efficient static charging with high power output (e.g., 3.3 kW to 5 kW at over 90% efficiency), aiming to simplify vehicle components and infrastructure deployment.

Strategic Players Driving the EV Wireless Power Transfer Market Forward :

• WiTricity Corporation,

• Qualcomm Halo,

• Plugless (Evatran Group),

• Momentum Dynamics Corporation,

• Bombardier Primove,

• Hella Aglaia Mobile Vision GmbH,

• HEVO Inc.,

• Electreon Wireless,

• Groupe Renault

• BMW GROUP.

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Segment Covered in the EV Wireless Power Transfer Market:

➤ By Technology: Inductive Power Transfer (IPT), Resonant Inductive Power Transfer (RIPT), Capacitive Power Transfer (CPT)

➤ By Power Transfer Range: 3 to 11 kW, 11 kW to 50 kW, Above 50 kW

➤ By End-User: Residential, Commercial

➤ By Application: Commercial Vehicles, Passenger Vehicles

Regional Analysis for EV Wireless Power Transfer Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Most Frequently Asked Questions in the EV Wireless Power Transfer Market Research Industry:

✒ What are the primary drivers fueling growth in the EV Wireless Power Transfer Market today?
✒ Which companies are currently leading innovation and market share in the EV Wireless Power Transfer Market?
✒ In what ways is the current regulatory environment influencing the EV Wireless Power Transfer Market's trajectory?
✒ Which geographic regions are forecasted to experience the strongest growth in the EV Wireless Power Transfer Market-and why?
✒ What are the key barriers or challenges that could limit the growth of the EV Wireless Power Transfer Market?

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