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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
The Asia Pacific to Occupy a Significant Market Share in the Global Wireless Electric Vehicle Charging Industry
The Asia Pacific is estimated to hold a significant share of the wireless electric vehicle charging industry in the forecast period. This growth can be attributed to the heightened demand for electric vehicles in the region, especially in China, as a consequence of increasing pollution levels. In addition, the steadily increasing global population and the rising disposable incomes are also predicted to propel the market growth. Furthermore, the development of environment-oriented policies put forth to mitigate the carbon emissions in the region is also estimated to aid the market growth.
Wireless Electric Vehicle Charging Market Report Snapshots
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.*
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Key Questions Answered in the Report
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.
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+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124