Wireless EV Charging Market Overview

The new market intelligence report published by Maximize Market Research indicates the promising growth of the Wireless EV Charging Market in the forecast period. The Wireless EV Charging market report includes the growth drivers, major restraints, upcoming challenges, and prevailing opportunities in the global market, along with the Wireless EV Charging market size of each region and segment.

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Wireless EV Charging Market size was valued at US$ 14.99 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 88.4% through 2023 to 2029, reaching nearly US$ 1263.45 Mn.

Wireless EV Charging Market Report Scope and Research Methodology

The report provides deep insights into the Wireless EV Charging market by covering all the major aspects. It includes a detailed analysis of the Wireless EV Charging market at local, regional, and global levels. The competitive analysis section lists the Wireless EV Charging key competitors and new entrants by various classifications, such as region, financial status, revenue, technological advancements adopted, marketing strategies, mergers and acquisitions, joint ventures, and product portfolio. SWOT analysis was used to identify the strengths and weaknesses of the key players in the Wireless EV Charging industry. Porter's and PESTLE analyses help to understand the Wireless EV Charging market from different perspectives, such as political, economic, social, technological, environmental, and legal.

Dynamics of the wireless EV charging market:

roads with electricity that automatically charge the vehicle

As concerns about lowering carbon emissions and easing fuel shortages have grown, so has the use of EVs. Conversely, EVs need to have their batteries replenished if they run out of power. Locating charging stations nearby might be difficult, particularly if you live in a rural area. There are currently plenty of charging stations in parking lots and malls around cities. These days, all public transport and schools run on electricity. In Korea, buses on campuses are capable of self-charging and continuous powering, which reduces the amount of batteries they need, which are around one-third the size of those in standard electric cars.

Wireless EV Charging Market Regional Insights

The report includes a detailed explanation of all the factors, market size, growth rate, and import and export in regions:

1)North America

2) Europe

3) Asia Pacific

4) Latin America

5) the Middle East, and Africa.

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Wireless EV Charging Market Segmentation

by Power Supply Range

3–<11 kW
11–50 kW
>50 kW

The market is divided into three segments based on Power Supply Range: 3–<11 Kw, 11–50 kW, and >50 kW. By 2029, the sector with power supply ranges of 3–<11 Kw is anticipated to have the biggest market share. Wireless charging systems with a capacity of 3–11 kW are used for small and mid-sized battery-powered electric vehicles. At this power level, the wireless charging system may be made to be lightweight and small enough to fit anyplace. It is therefore great for charging at home and at work. A 3.3 kW wireless charger for the Nissan Leaf and Chevrolet Volt has been released by Plugless Power Inc.

by Propulsion Type

BEV
PHEV

Wireless charging solutions are employed more frequently in BEVs than in PHEVs, depending on the kind of propulsion. In BEVs, the battery is the only power source, thus it needs to be charged frequently. Garages, public areas, retail centres, and businesses can all have wireless charging stations installed. Growing investments in battery electric vehicle (BEV) wireless charging technology by nations like Germany, Sweden, the US, and Italy, among others, are anticipated to generate favourable opportunities for the BEV segment in the wireless charging market for electric vehicles over the course of the forecast period. Popular BEVs including the Nissan Leaf, Tesla Model S, and Jaguar I-Pace can all be charged wirelessly.

Wireless EV Charging Market Key Players

1. Robert Bosch GmbH
2. Continental AG
3. WiTricity Corporation
4. ZTE Corporation
5. HELLA KGaA Hueck & Co.
6. Toyota Motor Corporation
7. Toshiba Corporation
8. Qualcomm, Inc.
9. Evatran Group
10. Powermat Technologies Ltd.
11. PowerbyProxi Limited
12. Energids Corp.
13. WiBotic Inc.
14. PowerSquare Inc.
15. Aircharge
16. Tecnomen Corporation
17. Steca Elektronik GmbH
18. Lumen Australia
19. ECOtality
20. Momentum Dynamics
21. ZENS
22. Freewire Technologies
23. CIRCONTROL
24. Swiftmile

Table of content for the Wireless EV Charging Market includes: 

Part 01: Executive Summary

Part 02: Scope of the Wireless EV Charging Market Report

Part 03: Global Wireless EV Charging Market Landscape

Part 04: Global Wireless EV Charging Market Sizing

Part 05: Global Wireless EV Charging Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Key questions answered in the Wireless EV Charging Market are:

  • What is the expected Wireless EV Charging market size by the end of the forecast period?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for Wireless EV Charging Market?
  • Which factors are creating lucrative opportunities for the Wireless EV Charging market growth?
  • How is the intervention from regulatory authority shaping the Wireless EV Charging Market?
  • What growth strategies are the players considering to increase their presence in Wireless EV Charging Market?
  • What is the Wireless EV Charging market size of the dominating region?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segments with their sub-segments and region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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