Report overview
The Wireless Charging System for Electric Vehicles market covers Electromagnetic Induction, Magnetic Resonance, etc. The typical players include WiTricity, Elix, Momentum Dynamics, etc.
Wireless charging is a great out of sight, out of mind solution to keep your EV humming along. Much like placing the smartphone on a charging pad each night instead of plugging it in, wireless car charging will fill the vehicle?s battery when park over a charger on the ground beneath it. No need to lift bulky cables out of the boot, and no need to actually have those cables with you in the first place. Just park and charge.
This report aims to provide a comprehensive presentation of the global market for Wireless Electric Vehicle Charging System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wireless Electric Vehicle Charging System. This report contains market size and forecasts of Wireless Electric Vehicle Charging System in global, including the following market information:
Global Wireless Electric Vehicle Charging System Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Wireless Electric Vehicle Charging System Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Wireless Electric Vehicle Charging System companies in 2022 (%)
The global Wireless Electric Vehicle Charging System market was valued at US$ 236.2 million in 2022 and is projected to reach US$ 739.5 million by 2029, at a CAGR of 17.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The global revenue of Wireless Charging System for Electric Vehicles market was valued at 160.24 Million USD in 2020 and is expected to reach 1088.47 Million USD in 2026. In the future five years, we predict the CAGR of global revenue is 36.51%. Estimates indicate that there will more than 120 million EVs on the road by 2030 and that more than $50 billion will be invested in charging infrastructure by that time.
2. Americas accounted for the largest sales share of the Wireless Charging System for Electric Vehicles market in 2020. The region is characterized by the presence of a large number of service providers, especially in the USA. On the other hand, the APAC region is expected to grow at the higher CAGR during the forecast period.
3. At present, there are not many companies that can mass produce the Wireless Charging System for Electric Vehicle, the major players of Wireless Charging System for Electric Vehicles in the world include: WiTricity, Elix, Momentum Dynamics, Plugless (Evatran), IPT Technology and ZTEV, among which WiTricity is the world?s largest Wireless Charging System for Electric Vehicles manufacturer, its market share is about 33.52% in 2020.
4. Nowadays. On the basis of Type, the Wireless Charging System for Electric Vehicles market is primarily split into Electromagnetic Induction, Magnetic Resonance and Magneto-Dynamic Coupling, And Magnetic Resonance is the main type for Wireless Charging System for Electric Vehicles on basis of Type, and the Magnetic Resonance reached a sales revenue of approximately 91.54 Million USD in 2020, with 57.13% of global sales revenue.
5. With the advent in COVID-19 pandemic across the global, the global Wireless Charging System for Electric Vehicles market has been affected as the manufacturing units have been shut down due to the imposed lockdown in major countries across the globe. Also, the unavailability of skilled labor has affected the market. However, the global Wireless Charging System for Electric Vehicles market is expected to register a significant growth in the near future owing to its rising technology adoptions in the developed countries.
We surveyed the Wireless Electric Vehicle Charging System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Wireless Electric Vehicle Charging System Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Wireless Electric Vehicle Charging System Market Segment Percentages, by Type, 2022 (%)
Stationary Wireless Electric Vehicle Charging
Dynamic Wireless Electric Vehicle Charging
Global Wireless Electric Vehicle Charging System Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Wireless Electric Vehicle Charging System Market Segment Percentages, by Application, 2022 (%)
EV's (Electric Vehicles)
PHEV's (Plug-in Hybrid Electric Vehicles)
Global Wireless Electric Vehicle Charging System Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Wireless Electric Vehicle Charging System Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Wireless Electric Vehicle Charging System revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Wireless Electric Vehicle Charging System revenues share in global market, 2022 (%)
Key companies Wireless Electric Vehicle Charging System sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Wireless Electric Vehicle Charging System sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bosch
Energizer
Evatran
HEVO
Witricity
Qualcomm
Alliance for Wireless Power (A4WP)
Conductix-Wampfler
Convenient Power
Leviton Manufacturing
WiTricity Corporation
Outline of Major Chapters:
Chapter 1: Introduces the definition of Wireless Electric Vehicle Charging System, market overview.
Chapter 2: Global Wireless Electric Vehicle Charging System market size in revenue and volume.
Chapter 3: Detailed analysis of Wireless Electric Vehicle Charging System manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Wireless Electric Vehicle Charging System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Wireless Electric Vehicle Charging System capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
