United States Inductive Charging Market 2025 | Growth Drivers, Key Players & Investment Opportunities

Market Size and Growth

The global inductive charging market reached US$7.16billion in 2023, with a rise to US$ 8.60 billion in 2024, and is expected to reach US$49.62billion by 2033, growing at a CAGR of 21.5% during the forecast period 2025-2033.

Key Development:

United States: Recent Industry Developments

✅ In September 2025, Porsche introduced an 11 kW wireless inductive charging system with the 2026 Cayenne Electric. This system enables cable-free home charging using a floor-mounted pad and vehicle-mounted receiver, featuring ultra-wideband technology for precise alignment and automatic charging initiation.

✅ In August 2025, Powercast partnered with B&Plus to enhance sustainability goals through wireless power. Their collaboration focuses on RF power-over-distance charging, high-performance inductive charging systems, and low-power sensors with up to 25-year battery life.

✅ In August 2025, the Wireless Power Consortium approved the first Qi 2.2 certification test platform in East Asia. This advancement accelerates adoption within mobile, automotive, and consumer electronics markets, enabling local manufacturers to shorten development cycles and integrate 25W Application Power Profile into dashboards and accessories.

Japan: Recent Industry Developments

✅ In August 2025, Japan's researchers developed a method to improve wireless power transfer systems, paving the way for a fully wireless society. This breakthrough enhances the efficiency and feasibility of inductive charging technologies.

✅ In August 2025, the EV Wireless Power Transfer Council was launched in Japan. The council aims to develop a compatible power transfer system for global adoption, promoting electric mobility and establishing standards to avoid compatibility issues similar to those faced with plug-in chargers.

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Inductive Charging is a wireless power transfer technology that uses electromagnetic fields to charge devices without direct electrical contacts. Commonly used in smartphones, electric vehicles, and wearable devices, it offers convenience, safety, and reduced wear on connectors while enabling seamless energy transfer.

Recent Mergers and Acquisitions:

United States: Strategic M&A and Investments

✅ In September 2025, Siemens invested $25 million to acquire a minority stake in WiTricity, a U.S.-based leader in wireless charging technology. This partnership aims to accelerate innovation in wireless EV charging solutions across North America and Europe.

✅ In September 2025, Blink Charging acquired Zemetric, a machine learning-based software platform specializing in asset maximization for EV charging infrastructure. This strategic move enhances Blink's capabilities in optimizing charging operations and expanding its service offerings.

✅ In March 2025, WAVE Charging, known for its high-powered wireless charging systems for public transportation, was acquired by Tillou Management and Consulting. This acquisition supports the expansion of electrified transit solutions in urban environments.

Japan: Strategic M&A and Investments

✅ In September 2025, the Wireless Power Consortium approved the first Qi 2.2 certification test platform in East Asia. This advancement accelerates the adoption of wireless charging technologies in mobile, automotive, and consumer electronics markets, enabling local manufacturers to shorten development cycles and integrate new charging standards.

✅ In August 2025, Mitsubishi Motors Corporation (MMC), MC Retail Energy Co., Ltd., Kaluza Japan, and Mitsubishi Corporation officially launched an EV smart-charging service. This collaboration leverages connected technologies to enhance app functionality and service quality, marking a significant step in Japan's EV charging infrastructure development.

✅ In August 2025, Shanghai Bright Power Semiconductor announced plans to acquire a 100% stake in Sichuan Yichong Technology, a Chinese wireless charging chip manufacturer, for approximately $457 million. This acquisition aims to enhance Bright Power's product portfolio and competitiveness in the wireless charging sector.

Key Players:

=> WiTricity Corporation, Volkswagen, Wifekin - PULS GmbH, InductEV, Inc., Qualcomm Incorporate, STMicroelectronics, Power mat, Electron, HEVO inc, Plugless Power IncGrowth Forecast Projected:

The Global Inductive Charging Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2033. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Inductive Charging Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

➥ By Technology: Inductive, Magnetic Resonant, Radio Frequency (RF)

➥ By Transmission Range: Low Power (Below 15W), Medium Power (15W to 50W), High Power (Above 50W)

➥ By Component: Transmitters, Receivers

➥ By Application: Automotive, Consumer Electronics, Industrial, Healthcare, Aerospace & Defense, Others

Regional Analysis for Inductive Charging 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)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Inductive Charging producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Inductive Charging revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

What is the current size of the Inductive Charging Market?

A: In 2024, the Inductive Charging Market was valued at US$ 8.60 billion , reflecting its strong industry presence.

Q2: How large is the Inductive Charging Market expected to be by 2033?

A: By 2033, industry forecasts suggest the Inductive Charging Market will grow to around US$49.62billion, demonstrating significant expansion.

Q3: What is the growth rate of the Inductive Charging Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 21.5% during the forecast period from 2025 to 2033.

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