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Based on charging method, the resonant inductive power transfer segment is predicted to hold a considerable market share in the wireless electric vehicle charging industry. This growth can be attributed to the increased implementation of resonant inductive power transfer mechanism owing to its high-quality transfer of power at a high rate through the use of resonance. In addition, the power can be transferred over a long distance through this mechanism, which is expected to further aid the segment growth.
Wireless Electric Vehicle Charging Market Size
Wireless Electric Vehicle Charging Market Share
Wireless Electric Vehicle Charging Market Growth
Wireless Electric Vehicle Charging Market Regional Analysis
Wireless Electric Vehicle Charging Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Wireless Electric Vehicle Charging Market Analysis
8.1 Key Industry Highlights
8.2 Global Wireless Electric Vehicle Charging Historical Market (2018-2023)
8.3 Global Wireless Electric Vehicle Charging Market Forecast (2024-2032)
8.4 Global Wireless Electric Vehicle Charging Market by Power Source
8.4.1 3≤11 KW
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 11-50 KW
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 >50 KW
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Wireless Electric Vehicle Charging Market by Charging Method
8.5.1 Capacitive Wireless Power Transfer
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Magnetic Gear Wireless Power Transfer
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Resonant Inductive Power Transfer
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Inductive Power Transfer
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.6 Global Wireless Electric Vehicle Charging Market by Installation
8.6.1 Home
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Commercial
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Wireless Electric Vehicle Charging Market by Distribution Channel
8.7.1 OEMs
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Aftermarket
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.8 Global Wireless Electric Vehicle Charging Market by Vehicle type
8.8.1 Battery Electric Vehicle
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Plug-in Hybrid Electric Vehicle
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Commercial EV
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.9 Global Wireless Electric Vehicle Charging Market by Region
8.9.1 North America
8.9.1.1 Historical Trend (2018-2023)
8.9.1.2 Forecast Trend (2024-2032)
8.9.2 Europe
8.9.2.1 Historical Trend (2018-2023)
8.9.2.2 Forecast Trend (2024-2032)
8.9.3 Asia Pacific
8.9.3.1 Historical Trend (2018-2023)
8.9.3.2 Forecast Trend (2024-2032)
8.9.4 Latin America
8.9.4.1 Historical Trend (2018-2023)
8.9.4.2 Forecast Trend (2024-2032)
8.9.5 Middle East and Africa
8.9.5.1 Historical Trend (2018-2023)
8.9.5.2 Forecast Trend (2024-2032)
9 North America Wireless Electric Vehicle Charging Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Wireless Electric Vehicle Charging Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Wireless Electric Vehicle Charging Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Wireless Electric Vehicle Charging Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Wireless Electric Vehicle Charging Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Bombardier Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Continental AG
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Plugless Power Inc
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Fulton Innovation LLC
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Qualcomm Technologies, Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Wireless Electric Vehicle Charging Market: Key Industry Highlights, 2018 and 2032
2. Global Wireless Electric Vehicle Charging Historical Market: Breakup by Power source (USD Million), 2018-2023
3. Global Wireless Electric Vehicle Charging Market Forecast: Breakup by Power Source (USD Million), 2024-2032
4. Global Wireless Electric Vehicle Charging Historical Market: Breakup by Charging Method (USD Million), 2018-2023
5. Global Wireless Electric Vehicle Charging Market Forecast: Breakup by Charging Method (USD Million), 2024-2032
6. Global Wireless Electric Vehicle Charging Historical Market: Breakup by Installation (USD Million), 2018-2023
7. Global Wireless Electric Vehicle Charging Market Forecast: Breakup by Installation (USD Million), 2024-2032
8. Global Wireless Electric Vehicle Charging Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
9. Global Wireless Electric Vehicle Charging Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
10. Global Wireless Electric Vehicle Charging Historical Market: Breakup by Vehicle Type (USD Million), 2018-2023
11. Global Wireless Electric Vehicle Charging Market Forecast: Breakup by Vehicle Type (USD Million), 2024-2032
12. Global Wireless Electric Vehicle Charging Historical Market: Breakup by Region (USD Million), 2018-2023
13. Global Wireless Electric Vehicle Charging Market Forecast: Breakup by Region (USD Million), 2024-2032
14. North America Wireless Electric Vehicle Charging Historical Market: Breakup by Country (USD Million), 2018-2023
15. North America Wireless Electric Vehicle Charging Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Europe Wireless Electric Vehicle Charging Historical Market: Breakup by Country (USD Million), 2018-2023
17. Europe Wireless Electric Vehicle Charging Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Asia Pacific Wireless Electric Vehicle Charging Historical Market: Breakup by Country (USD Million), 2018-2023
19. Asia Pacific Wireless Electric Vehicle Charging Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Latin America Wireless Electric Vehicle Charging Historical Market: Breakup by Country (USD Million), 2018-2023
21. Latin America Wireless Electric Vehicle Charging Market Forecast: Breakup by Country (USD Million), 2024-2032
22. Middle East and Africa Wireless Electric Vehicle Charging Historical Market: Breakup by Country (USD Million), 2018-2023
23. Middle East and Africa Wireless Electric Vehicle Charging Market Forecast: Breakup by Country (USD Million), 2024-2032
24. Global Wireless Electric Vehicle Charging Market Structure
In 2023, the global wireless electric vehicle charging market attained a value of nearly USD 23.92 million.
The market is projected to grow at a CAGR of 36.40% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 390.57 million by 2032.
The major market drivers are the increasing demand for electric vehicles, the surging development of wireless electric vehicle charging outlets, and growing investments in R&D activities by key players.
The key trends propelling the market growth include rapid technological advancements and favourable government regulations aimed at promoting electric vehicle sales.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major power sources considered in the market report include 3≤11 KW, 11-50 KW, and >50 KW.
The significant charging methods considered in the market report are capacitive wireless power transfer, magnetic gear wireless power transfer, resonant inductive power transfer, and inductive power transfer.
The various segments based on installations of wireless electric vehicle charging considered in the market report are home and commercial.
The major distribution channels include OEMs and aftermarket.
The significant segments based on vehicle types considered in the market report are battery electric vehicle, plug-in hybrid electric vehicles, and commercial EV.
The major players in the market are Bombardier Inc., Continental AG, Plugless Power Inc, Fulton Innovation LLC, and Qualcomm Technologies, Inc., among others.
The global wireless electric vehicle charging market attained a value of USD 23.92 million in 2023, driven by the increased adoption of electric vehicles. Aided by the favourable government regulations, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 36.40%. The market is projected to reach USD 390.57 million by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of power source, the market can be distributed into 3≤11 KW, 11-50 KW, and >50 KW. By charging method, the industry can be segmented into capacitive wireless power transfer, magnetic gear wireless power transfer, resonant inductive power transfer, and inductive power transfer. On the basis of vehicle type, the industry can be segregated into home and commercial. The industry can be categorised based on distribution channel into OEMs and aftermarket. Based on installation, the market can be divided into battery electric vehicle, plug-in hybrid electric vehicle, and commercial EV. The major regional markets for wireless electric vehicle charging are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Bombardier Inc., Continental AG, Plugless Power Inc, Fulton Innovation LLC, Qualcomm Technologies, Inc., and others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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