Wireless Electric Vehicle (EV) Charging Market to Cross Valuation of USD 1,183.3 Million by 2032 | SkyQuest Technology
SkyQuest projects that the Global Wireless Electric Vehicle (EV) Charging Market size will reach a value of USD 1,355.5 Million by 2032, with a CAGR of 49.5% during the forecast period (2025-2032). Wireless charging can easily synchronize with smart grid systems, optimizing energy usage as well as enabling both the consumers and utilities to save their incremental costs by expanding the global Wireless Electric Vehicle (EV) Charging Market share in the years to come. Businesses which aim to achieve sustainable goals are currently incorporating wireless charging stations for electric vehicles on their stations. The efficiency of charging in WEVC systems enhances energy transfer by reducing energy loss. Charging efficiency is therefore a crucial factor and with recent improvement in technologies of wireless power transfer has become feasible and desirable option.
Browse in-depth TOC on the " Wireless Electric Vehicle (EV) Charging Market "
Pages – 268
Tables – 132
Figures – 164
Wireless Electric Vehicle (EV) Charging Market Overview:
Report Coverage |
Details |
Market Revenue in 2024 |
USD 45.3 Million |
Estimated Value by 2032 |
USD 1,183.3 Million |
Growth Rate |
Poised to grow at a CAGR of 49.5% |
Forecast Period |
2025–2032 |
Forecast Units |
Value (USD Million) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Charging Type, Component, Charging System, Power Supply Range, Vehicle Type, Propulsion, Application and Region |
Geographies Covered |
North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa |
Report Highlights |
Increase in Government Funding for Wireless Charging Infrastructure Development |
Key Market Opportunities |
Combining wireless charging with solar and wind power systems. |
Key Market Drivers |
Increase in Funding for Smart City Development and IoT Technology Integration |
Wireless Electric Vehicle Charging Type to Hold Significant Growth due to Stationary Wireless Charging Systems
The global Wireless Electric Vehicle Charging industry is hugely influenced by stationary wireless charging systems because of its application, ease of deployment and integration with existing infrastructure. As a result, customer demand for effective and hassle-free electric vehicle charging at homes and businesses has increase the use of fixed wireless chargers. Manufacturers of automatic positioning technology such as Mahle remain crucial in shaping this segment by ensuring high accuracy and convenience hence enhancing adoption by users.
Base Charging Pads to Lead the Market due Increase in Demand for Residential and Commercial Charging Stations
Base Charging Pads is gaining dominance in the global Wireless Electric Vehicle (EV) Charging Market because of growth by increase in demand for residential and commercial charging points. Base charge pads, including Tesla’s patented system with electromagnetic coils, provide high levels of power (200V–800V) and enable effective adjustment of the proximity. They also include support for bi-directional charging further improving integration of the grid.
Europe to Dominate the Market due to commitment towards environmental conservation and technological development
Europe’s firm control of the Global Wireless Electric Vehicle (EV) Charging Market growth is attributed to its excellent environmental preservation and progressive technology. Wireless charging solutions have gained wide acceptance due to friendly environmental and government policies. In particular, Germany, the Netherlands and Norway are stand out as they have a highly developed automotive industry and high R&D investment in the sector.
Wireless Electric Vehicle (EV) Charging Market Insight
Drivers:
Restraints:
Prominent Players in Wireless Electric Vehicle (EV) Charging Market
Key Questions Answered in Global Wireless Electric Vehicle (EV) Charging Market Report
This report provides the following insights:
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia-Pacific.
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