Wireless Electric Vehicle (EV) Charging Market Size, Share, Growth Analysis, By Charging Type(Stationary Wireless Charging Systems, Dynamic Wireless Charging Systems), By Component(Base Charging Pads, Power Control Units, Vehicle Charging Pads), By Application(Home Charging Units, Commercial Charging Stations), By Charging System(Magnetic Resonance Charging, Inductive Charging, Capacitive Charging), By Vehicle Type(Passenger Cars, Commercial Vehicles [Electric Buses, Electric Vans, Electric Pick-up Trucks), By Propulsion(Battery Electric Vehicles, Plug-in hybrid Electric Vehicles), By Region - Industry Forecast 2025-2032

Global Wireless Electric Vehicle (EV) Charging Market size was valued at USD 25.5 Million in 2023 poised to grow from USD 45.3 Million in 2024 to USD 1,183.3 Million by 2032, growing at a CAGR of 55.5% in the forecast period (2025-2032).

The Global Wireless Electric Vehicle (EV) Charging Market is dominated by a concentrated Tier-1 group of players that collectively account for 73.51% of the market share. This tier includes prominent companies such as WiTricity Corporation, Electreon Wireless Ltd., TGOOD (Qingdao TGOOD Electric Co., Ltd.), InductEV, Inc., and Ideanomics, Inc. (WAVE Charging). It is with these market leaders that commercial pilots as well as the actual advancement of the technological platforms are being pursued. Our analysis shows that Tier-1 players have achieved a commanding position by securing partnerships with automakers and municipalities in the supply side and by positioning themselves for demand-side dynamics such as fleet electrification and integration into urban structures. This is why WiTricity Corporation and Electreon Wireless are using IP assets and early market positioning to claim the most promising markets including North America and Europe. 'Witricity Corporation', 'Electreon', 'TGood Global Ltd', 'Inductev Inc', 'Ideanomics, Inc', 'BMW Group', 'Volkswagen Group', 'Continental AG', 'Tesla', 'Toshiba Corporation', 'ENRX', 'Puls Gmbh', 'Easelink Gmbh', 'Meredot IINC', 'HEVO INC', 'INTIS – Integrated Infrastructure Solutions GMBH', 'Plugless Power Inc.', 'WIPOWERONE', 'Zevpoint E-Mobility Private Ltd.', 'Dash Dynamic'

Global Wireless Electric Vehicle (EV) Charging Market is being fueled by government funding in wireless charging infrastructure. Subsidies and grant fund supports advancement in wireless technology and sustainable transportation. Fully autonomous, reduction in bulky structures, and improved safety are perks that suit urban requirements. The dynamic wireless charging enables electric vehicles to get charged on the move and helps in optimizing spaces in overly crowded cities.

Increasing Investments in High-Capacity Wireless Charging Solutions: There is an increase in investment from manufacturers in high-capacity wireless charging technologies to provide faster and powerful EV charging. This change aims to improve charging infrastructure for both personal and commercial use. A new discovery from Oak Ridge National Laboratory and Volkswagen includes a 270-kW system, which means reducing downtime and supporting heavy use applications like fleets and public transportation, all of which will contribute towards increasing EV adoption.

Europe is dominating the Global Wireless Electric Vehicle (EV) Charging Market, with USD 26.3 million in 2024 and expected to reach USD 530.0 million by 2032, with an exceptional CAGR of 45.7% due to their commitment to environmental conservation and technology development. Backing from stringent environmental policies and government policies in the region has helped them adopt wireless charging solutions for the EVs. Also, Europe has strong automotive market, high R&D spending and key wireless charging technology players. Germany, the Netherlands, and Norway are the key countries in Europe due to their high EV penetration and numerous innovative infrastructure projects making Europe the leader in this market.