Global Wireless Charging System for Electric Vehicles Market 2024 by Company, Regions, Type and Application, Forecast to 2030
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.
According to our (Global Info Research) latest study, the global Wireless Charging System for Electric Vehicles market size was valued at US$ 333 million in 2023 and is forecast to a readjusted size of USD 2907 million by 2030 with a CAGR of 36.7% during review period.
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.
This report is a detailed and comprehensive analysis for global Wireless Charging System for Electric Vehicles market. Both quantitative and qualitative analyses are presented by company, by region & country, by Technology and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Wireless Charging System for Electric Vehicles market size and forecasts, in consumption value ($ Million), 2019-2030
Global Wireless Charging System for Electric Vehicles market size and forecasts by region and country, in consumption value ($ Million), 2019-2030
Global Wireless Charging System for Electric Vehicles market size and forecasts, by Technology and by Application, in consumption value ($ Million), 2019-2030
Global Wireless Charging System for Electric Vehicles market shares of main players, in revenue ($ Million), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Wireless Charging System for Electric Vehicles
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Wireless Charging System for Electric Vehicles market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include WiTricity, Elix, Momentum Dynamics, Plugless (Evatran), IPT Technology, ZTEV, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Wireless Charging System for Electric Vehicles market is split by Technology and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Technology and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segmentation
Wireless Charging System for Electric Vehicles market is split by Technology and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Technology and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Technology
Electromagnetic Induction
Magnetic Resonance
Magneto-Dynamic Coupling
Market segment by Application
Passenger Automotive
Public Transportation Automotive
Market segment by players, this report covers
WiTricity
Elix
Momentum Dynamics
Plugless (Evatran)
IPT Technology
ZTEV
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Wireless Charging System for Electric Vehicles product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Wireless Charging System for Electric Vehicles, with revenue, gross margin, and global market share of Wireless Charging System for Electric Vehicles from 2019 to 2024.
Chapter 3, the Wireless Charging System for Electric Vehicles competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Technology and by Application, with consumption value and growth rate by Technology, by Application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Wireless Charging System for Electric Vehicles market forecast, by regions, by Technology and by Application, with consumption value, from 2024 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Wireless Charging System for Electric Vehicles.
Chapter 13, to describe Wireless Charging System for Electric Vehicles research findings and conclusion.