Wireless Charging Market
Report ID: SQMIG45K2170
Report ID: SQMIG45K2170
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Report ID:
SQMIG45K2170 |
Region:
Global |
Published Date: August, 2025
Pages:
197
|Tables:
91
|Figures:
68
Global Wireless Charging Market size was valued at USD 24.28 Billion in 2024 and is poised to grow from USD 30.33 Billion in 2025 to USD 179.6 Billion by 2033, growing at a CAGR of 24.9% during the forecast period (2026–2033).
The rapid growth of electric vehicles (EVs) is one of the primary factors driving the global wireless charging market growth. As EV adoption increases, convenient and efficient charging solutions are becoming increasingly important. Nowadays, a lot of EV models come with wireless charging technology, which simplifies the charging process and eliminates the need for physical connectors.
Recent advancements in wireless charging technology aim to improve efficiency, speed, and convenience. These advancements also include resonant and radio-frequency charging, which enable longer-range power delivery and more flexible device placement. New technologies are reducing charging times and allowing smartphones to be used on laptops and wearables. These developments promote broader adoption in the consumer electronics and automotive sectors by resolving past issues. These developments aim to meet the increasing needs of consumers for faster and more efficient charging solutions.
What Sets Magnetic Resonance Apart from Inductive Charging?
The advent of magnetic resonance-based charging, which enables devices to charge over short distances without direct touch or alignment, is a noteworthy technological advancement in the wireless charging industry. Magnetic resonance provides more versatility and multi-device charging capacity than conventional inductive charging.
Market snapshot - 2026-2033
Global Market Size
USD 19.44 Billion
Largest Segment
Commercial Charging Station
Fastest Growth
Home Charging Unit
Growth Rate
24.9% CAGR
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The global wireless charging market is segmented into application, technology, industry vertical, and region. By application, the market is classified into commercial charging stations and home charging unit. Depending on technology, it is divided into inductive, resonant, and radio frequency. According to industry vertical, the market is categorized into consumer electronics, automotive, industrial, healthcare, and aerospace & defense. Regionally, it is analyzed across North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
How are Commercial Applications Driving Wireless Charging Demand?
As per the 2024 wireless charging market analysis, the commercial charging station segment dominated the market due to growing demand from consumer electronics and electric vehicles. Commercial apartments make up a sizable portion of market revenue because they are more expensive than residential units. One example of the increasing demand for effective, scalable commercial charging infrastructure is the partnership between WiTricity and ABT e-Line, which will be implemented in March 2024 to install wireless charging pads throughout business EV fleets in Germany.
The home charging unit segment witnessed the highest compound annual growth rate (CAGR) over the forecast period due to increased domestic user adoption. Wireless home charging solutions are becoming more popular, especially for smartphones and electric two-wheelers, because of their affordability and user-friendliness. A move toward consumer-focused innovation and a surge in growth in residential applications were heralded by Tesla's January 2025 launch of its wireless home charger pilot program.
Why is Resonant Charging Preferred for Large-Capacity Batteries?
As per the 2024 wireless charging market forecast, the resonant category experienced a notable increase in market share due to its improved alignment tolerance and ability to wirelessly charge large batteries over longer distances. This makes it perfect for hospital-grade medical equipment, industrial robotics, and electric cars. As evidence of the industry's increasing trend toward this effective, scalable, and high-power wireless charging technology, WiTricity partnered with Hyundai in April 2024 to integrate resonant wireless charging into their new EV lineup.
The inductive category is anticipated to have the highest wireless charging market share during the forecast period due to the rising demand for Qi-based wireless chargers for wearables, smartphones, and other consumer electronics. In February 2025, Apple added more third-party accessories that support inductive charging to its ecosystem of MagSafe-compatible devices. Due to its affordability, security, and simplicity of integration, it is a well-liked option for commonplace electronic devices, which drives market expansion.
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Why is Wireless Charging the Most Popular in North America?
As per the wireless charging market regional analysis, North America led the market in 2024 because of its robust EV infrastructure, early adoption of the technology, and government support. To reach 10,000 installations by 2025, WiTricity and General Motors began a wireless EV charging trial in Detroit in March 2024. The region's steady economic trajectory is also being aided by rising demand from the consumer electronics and medical device industries.
U.S. Wireless Charging Market
The US has a sizable market share due to advancements in consumer electronics and automobiles. Tesla filed for a patent in July 2024 for a new wireless EV charging system that would be available for purchase by the end of 2025. The US's dominance of the market is further cemented by government subsidies for next generation charging technology and incentives for EV infrastructure.
Canada Wireless Charging Market
Wireless charging is becoming much more popular in Canada, especially as more EVs are being placed in cities. To help achieve its zero-emission targets, Vancouver announced in April 2024 that it would invest USD 12 million in public wireless charging stations. Strong government initiatives and collaborations between utilities and IT companies are anticipated to speed up the rollout of wireless charging solutions in major cities.
Why is Asia-Pacific witnessing the fastest growth in the wireless charging market?
Asia-Pacific is anticipated to have a notable CAGR because of its sizable customer base and quick adoption of EVs. China, Japan, and South Korea extended their smart city projects in 2024 to include wireless charging infrastructure. Significant growth accelerators in the region include the widespread use of smartphones and wearable technology, as well as investments in electrifying public transportation.
China Wireless Charging Market
China continues to lead the world in the development and application of wireless charging. Xiaomi debuted a wireless charger that integrates into furniture and has the capacity to power multiple devices at once in May 2024. By 2025, it is anticipated that even greater adoption will be encouraged by the government's ongoing support of new energy vehicles (NEVs) and the incorporation of smart charging infrastructure.
Japan Wireless Charging Market
Japan is concentrating on creating extremely effective resonant charging techniques for use in robots and automobiles. A dynamic wireless charging highway prototype that allows EVs to be charged while driving was tested by Toyota in Osaka in February 2024. Japan is leading the way in long-distance wireless charging thanks to government support and creative semiconductor technology research.
What's Driving Europe's Wireless Charging Adoption?
Europe is making significant investments in sustainable mobility solutions and wireless EV infrastructure. The European Union allotted Euro 75 million in 2024 for projects centered on public transportation wireless charging. As EV fleets expand and carbon emission regulations tighten, wireless charging is playing a bigger role in Europe's green transportation strategy.
UK Wireless Charging Market
The UK is working to integrate smart cities and promote the widespread use of EVs. London and Chargifi started a pilot project in August 2024 to install wireless charging stations in public parking lots. In the UK, wireless charging is becoming more common among consumers and businesses due to robust legal frameworks, public-private partnerships, and technological advancements.
France Wireless Charging Market
Wireless charging is starting to be included in France's smart city agenda. Renault unveiled the wirelessly charging Zoe EV in June 2024. Wireless charging options are growing in the public and private sectors because of government-backed green mobility initiatives and partnerships between automakers and energy companies.
Germany Wireless Charging Market
The strong automotive industry in Germany is the reason for the country's thriving wireless charging sector. BMW declared in January 2025 that wireless charging stations would be accessible in strategic German cities. Germany is leading the European rollout of wireless charging due to its clean tech financing and engineering know-how, which are supported by EV incentives and smart grid innovation.
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Wireless Charging Market Drivers
Increased Use of Wireless Convenience and Smart Devices
Combining Smart Infrastructure with Automotive
Wireless Charging Market Restraints
Exorbitant Costs of Device and Its Installation
Low Efficiency and Issues with Standardization
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The global wireless charging market is competitive and ever-changing. Leading manufacturers of smartphones, such as Apple, Sony, Texas Instruments, Samsung, and Qualcomm, have included wireless charging in their flagship models. Specialized companies WiTricity, Energous, Ossia, and Powermat concentrate on radio frequency or automotive solutions in the meantime. These wireless charging market strategies include developing faster charging technologies, implementing universal standards (Qi2), forming strategic partnerships with automakers, deploying infrastructure pilots, and entering the industrial and Internet of Things sectors.
Top Player’s Company Profile
Recent Developments in Wireless Charging Market
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the growth of the wireless charging market is expected to go quickly. The main sources of growth in the market are more integration of electric vehicles, smart infrastructure deployments, and the consumer desire for hassle-free charging without cables. Advancements in magnetic and long-range charging standards (Qi2) are providing more convenience and increased usage. While there are challenges in the form of increasing costs, reduced energy efficiency, and splitting standards, there are innovation efforts with established firms and emerging start-ups continuing to push forward by investing in r&d, forming strategic partnerships, and developing new technologies.
| Report Metric | Details |
|---|---|
| Market size value in 2024 | USD 24.28 Billion |
| Market size value in 2033 | USD 179.6 Billion |
| Growth Rate | 24.9% |
| Base year | 2024 |
| Forecast period | 2026-2033 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Wireless Charging Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Wireless Charging Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Wireless Charging Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Wireless Charging Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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