From USD 0.08 billion in 2023, the global wireless electric vehicle charging market is predicted to grow to USD 1.8 billion by 2030, registering a CAGR of 56.0% during the forecast period (2025 - 2030)

Published Date: Mar, 2024

From USD 0.08 billion in 2023, the global wireless electric vehicle charging market is predicted to grow to USD 1.8 billion by 2030, registering a CAGR of 56.0% during the forecast period (2025–2030). Increasing pollution in the air in overcrowded cities leads to growing respiratory issues in the residents of such cities. These situations have led the government to provide subsidies to pollution-depleting initiatives such as the development of electric vehicles that is further driving the growth of global wireless electric vehicle charging markets. Furthermore, the leading companies in the battery manufacturing industry are showing great interest in investing in wireless charging systems as electric vehicles are expected to gain huge momentum shortly.  

The BEV category, under the propulsion segment, would hold the largest share of the global wireless electric vehicle charging market in 2023

Based on propulsion, the global wireless electric vehicle charging market is segmented into BEV and PHEV. The BEV category, under the propulsion segment, would hold the largest share in the global wireless electric vehicle charging market in 2022. This is because the leading players such as BMW, Nissan, and Tesla are offering wireless charging in BEV models such as BMW i3 and Nissan Leaf.

 

During 2025–2030, the vehicle charging pod segment is expected to witness the fastest wireless electric vehicle charging market growth

Based on components, the global wireless electric vehicle charging market is categorized into base charging, power control units, and vehicle charging pads. During 2025–2030, the vehicle charging pod segment is expected to witness the fastest wireless electric vehicle charging market growth, as these pods help in providing charging units for electric vehicles be it home, business, or public use that offer high ease, flexibility, and convenience to the users.

Segmentation and Key Players

Segment / Key Players

Categorization

Component

Base Charging, Power Control Unit, Vehicle Charging Pad

Distribution Channel

OEM, After Market), by Application (Home Charging Unit, Public Or Commercial Charging Station

Charging Type

Dynamic Wireless Charging System, Stationary Wireless Charging System

Vehicle Type

Commercial Vehicle, Passenger Car

Charging System

Magnetic Power Transfer, Capacitive Power Transfer, Inductive Power Transfer

Supply Range

3-<11kW, 11-50kW, >50kW), by Propulsion (BEV, PHEV

Key Players

HEVO Inc., Integrated Device Technology, Inc., WiTricity Corporation, Robert Bosch GmbH, Toyota Motor Corporation, Daimler AG, Qualcomm Technologies, Continental AG, HELLA KGaA Hueck & Co., Mojo Mobility, and ZTE Corporation.

 

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Geography Insight

Geographically, Europe was the largest wireless electric vehicle charging market in 2022. This is owing to the accessibility to well organized infrastructure that enhances the establishment of wireless charging infrastructure in this region. Development of effective infrastructure with access to large number of charging stations along with massive increase in the sale of electric vehicles in the region are the key factors driving the growth of global wireless electric vehicle charging market.

 

Competitive Insight

Some of the key players operating in the global wireless electric vehicle charging market are HEVO Inc., Integrated Device Technology, Inc., WiTricity Corporation, Robert Bosch GmbH, Toyota Motor Corporation, Daimler AG, Qualcomm Technologies, Continental AG, HELLA KGaA Hueck & Co., Mojo Mobility, and ZTE Corporation.

Global Wireless Electric Vehicle Charging Market Coverage

Component Insight and Forecast 2025 – 2030

  • Base Charging
  • Power Control Unit
  • Vehicle Charging Pad

 

Distribution Channel Insight and Forecast 201225 – 2030

  • OEM
  • After Market

 

Application Insight and Forecast 2025 – 2030

  • Home Charging Unit
  • Public Or Commercial Charging Station

 

Charging Type Insight and Forecast 2025 – 2030

  • Dynamic Wireless Charging System
  • Stationary Wireless Charging System

 

Vehicle Type Insight and Forecast 2025 – 2030

  • Commercial Vehicle
  • Passenger Car

 

Charging System Insight and Forecast 2025 – 2030

  • Magnetic Power Transfer
  • Capacitive Power Transfer
  • Inductive Power Transfer

 

Supply Range Insight and Forecast 2025 – 2030

  • 3-<11kW
  • 11-50kW
  • >50kW

 

Propulsion Insight and Forecast 2025 – 2030

  • BEV
  • PHEV

 

Geographical Segmentation

Wireless Electric Vehicle Charging Market by Region

North America

  • By Component
  • By Distribution Channel
  • By Application
  • By Vertical
  • By Charging Type
  • By Vehicle Type
  • By Supply Range
  • By Propulsion
  • By Country – U.S., Canada, and Mexico

 

Europe

  • By Component
  • By Distribution Channel
  • By Application
  • By Vertical
  • By Charging Type
  • By Vehicle Type
  • By Supply Range
  • By Propulsion
  • By Country – Germany, U.K., France, Russia, Denmark, Netherlands, Sweden, Austria, Spain, Norway, and Rest of Europe

 

Asia-Pacific (APAC)

  • By Component
  • By Distribution Channel
  • By Application
  • By Vertical
  • By Charging Type
  • By Vehicle Type
  • By Supply Range
  • By Propulsion
  • By Country – China, Japan, India, South Korea, and the Rest of Asia-Pacific

 

Rest of the World (RoW)

  • By Component
  • By Distribution Channel
  • By Application
  • By Vertical
  • By Charging Type
  • By Vehicle Type
  • By Supply Range
  • By Propulsion
  • By Country – Brazil, Saudi Arabia, South Africa, and Other Countries

 

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