Wireless Electric Bus Charging Infrastructure Market size is estimated to be USD 1.2 Billion in 2024 and is expected to reach USD 7.0 Billion by 2033 at a CAGR of 24.5% from 2026 to 2033.
The global wireless electric bus charging infrastructure market was valued at USD 250 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 26% from 2023 to 2030. The increasing adoption of electric buses in urban transportation, along with the growing demand for efficient and cost effective charging solutions, is driving market growth. Moreover, the implementation of stringent government regulations regarding carbon emissions and the shift towards sustainable mobility are accelerating the adoption of wireless charging infrastructure. By 2030, the market is anticipated to reach USD 2.7 billion. The Asia Pacific region, particularly China and India, is expected to dominate the market, accounting for over 40% of the global market share due to the rapid electrification of public transport and supportive government policies. North America and Europe are also significant contributors to the market, with rising investments in clean transportation and urban electrification projects.
Regionally, the Asia Pacific market is projected to witness the fastest growth in the wireless electric bus charging infrastructure sector, with a CAGR of 28% during the forecast period. This growth is largely attributed to large scale infrastructure developments in countries like China, Japan, and India, focusing on clean energy solutions and zero emission buses. North America and Europe are expected to hold substantial shares in the global market, driven by strong regulatory support for electric vehicle (EV) adoption and increased funding for smart city projects. As electric bus fleets expand globally, opportunities in emerging markets like Latin America and the Middle East are gaining traction, further contributing to the overall growth of the wireless charging infrastructure market.
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Momentum Dynamics
IPT Technology
ZTEV
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 Electric Bus Charging Infrastructure Market
Inductive Charging
Resonant Magnetic Charging
Capacitive Charging
Low Power (< 20 kW)
Medium Power (20-100 kW)
High Power (> 100 kW)
Light Duty Buses
Medium Duty Buses
Heavy Duty Buses
On-Route Charging Stations
Depot Charging Stations
Residential Charging Solutions
Urban Transit Systems
School Transportation
Tourist Transport Services
Commercial Fleet Operations
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 Electric Bus Charging Infrastructure 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 Electric Bus Charging Infrastructure Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Wireless Electric Bus Charging Infrastructure Market, By Type
6. Global Wireless Electric Bus Charging Infrastructure Market, By Application
7. Global Wireless Electric Bus Charging Infrastructure Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Wireless Electric Bus Charging Infrastructure Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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