Wireless Charging System for Electric Vehicles Market Revenue was valued at USD 2.83 Billion in 2024 and is estimated to reach USD 21.35 Billion by 2033, growing at a CAGR of 25.45% from 2026 to 2033.
In 2022, the global wireless charging system for electric vehicles market was valued at approximately USD 80 million, with a projected compound annual growth rate (CAGR) of 48.4% from 2023 to 2030. North America held the largest market share, accounting for 35% of the global revenue. The United States led this region, driven by substantial investments in electric vehicle infrastructure and supportive government policies. Europe followed with a 25% market share, with countries like Germany and the United Kingdom promoting electric vehicle adoption through incentives and infrastructure development. The Asia Pacific region, holding a 30% market share, is anticipated to experience the fastest growth, with a projected CAGR of 17% from 2023 to 2030, fueled by Chinas dominance in electric vehicle sales and technological advancements in countries like Japan and South Korea. Latin America and the Middle East & Africa contributed smaller shares of 5% each, with growth in these regions emerging from increasing interest in electric vehicles and supportive government initiatives. Opportunities in the wireless charging system for electric vehicles market are abundant across various regions. In North America, the focus on developing dynamic wireless charging roadways presents significant potential for market expansion. Europe’s commitment to environmental sustainability and the European Union’s Green Deal are fostering the adoption of cleaner technologies, including wireless charging solutions. The Asia Pacific regions rapid urbanization and government subsidies for electric vehicles create a conducive environment for market growth. Additionally, the rise of shared mobility services and the integration of wireless charging with smart city infrastructures offer promising avenues for expansion globally.
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Bosch
Qualcomm
Texas Instruments
WiTricity
Fulton Innovation
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Wireless Charging System for Electric Vehicles Market
Inductive Charging
Resonant Inductive Charging
Capacitive Charging
Magnetic Resonance Charging
Below 3 kW
3 kW to 7 kW
7 kW to 11 kW
Above 11 kW
Battery Electric Vehicles (BEVs)
Plug-in Hybrid Electric Vehicles (PHEVs)
Fuel Cell Electric Vehicles (FCEVs)
Electric Buses and Commercial Vehicles
Residential Charging Stations
Commercial Charging Stations
Public Charging Stations
Fleet Charging Solutions
Automotive
Transportation and Logistics
Public Sector (Government & Institutions)
Ride-sharing Services
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Wireless Charging System for Electric Vehicles Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Wireless Charging System for Electric Vehicles Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Wireless Charging System for Electric Vehicles Market, By Type
6. Global Wireless Charging System for Electric Vehicles Market, By Application
7. Global Wireless Charging System for Electric Vehicles Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Wireless Charging System for Electric Vehicles Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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