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Automotive Wireless Power Charging SoC Market Share Driven by Growing Adoption in Passenger Cars | Valuates Reports
Automotive Wireless Power Charging SoC Market SizeThe global market for Automotive Wireless Power Charging SoC was valued at US$ 1030 million in the year 2024 and is projected to reach a revised size of US$ 5311 million by 2031, growing at a CAGR of 25.8% during the forecast period.
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The Automotive Wireless Power Charging SoC Market is witnessing increasing momentum as the automotive industry shifts toward electrification and user-centric convenience technologies. Market growth is fueled by rising demand for wireless charging solutions, government support for EV adoption, and consumer preference for seamless, cable-free power transfer systems that enhance both safety and efficiency.
By type, the market is segmented into 15W and 40/50W systems. The 15W segment currently holds the largest market share due to its widespread integration in passenger vehicles for fast and efficient device charging. Meanwhile, the 40/50W segment is projected to be the fastest-growing, supported by advancements in higher-power wireless charging standards designed for larger vehicles and multiple device compatibility.
In terms of application, the market is divided into passenger cars and commercial cars. Passenger cars dominate the market share, driven by increasing adoption of EVs, luxury vehicles, and consumer electronics integration. However, the commercial vehicle segment is emerging as a high-growth area, as fleet operators and logistics companies look for efficient in-vehicle charging solutions to improve driver convenience and reduce downtime.
The future automotive wireless power charging SoC market forecast points to strong expansion, supported by innovations in semiconductor integration, global rollout of smart mobility infrastructure, and rising collaboration between automakers and technology providers. With continuous improvements in charging efficiency, safety standards, and interoperability, the market is set to play a key role in shaping next-generation in-vehicle power systems.
by Type
• 15W
• 40/50W
by Application
• Passenger Cars
• Commercial Cars
By Company
Continental, Laird, Qualcomm, Indie Semiconductor, Aptiv, Hefei InvisPower, Huayang, Nidec, Renesas, Infineon, Shenzhen Sunway Communication
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