Wireless Electric Vehicle (EV) Charging Systems Market Size, Trends, Analysis, and Outlook by Type (Dynamic Wireless Charging System, Stationary Wireless Charging System), Charging System (Magnetic Power Transfer, Capacitive Power Transfer, Inductive Power Transfer), Component (Base Charging Pad, Power Control Unit, Vehicle Charging Pad), Distribution Channel (Aftermarket, OEM), Vehicle (Battery electric vehicle (BEV), Plug-in hybrid electric vehicle (PHEV), Hybrid electric vehicles (HEV)), by Country, Segment, and Companies, 2024-2030
The global Wireless Electric Vehicle (EV) Charging Systems market size is poised to register 32.38% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The study analyzes the global Wireless Electric Vehicle (EV) Charging Systems market by Type (Dynamic Wireless Charging System, Stationary Wireless Charging System), Charging System (Magnetic Power Transfer, Capacitive Power Transfer, Inductive Power Transfer), Component (Base Charging Pad, Power Control Unit, Vehicle Charging Pad), Distribution Channel (Aftermarket, OEM), Vehicle (Battery electric vehicle (BEV), Plug-in hybrid electric vehicle (PHEV), Hybrid electric vehicles (HEV)).
The future of the Wireless Electric Vehicle (EV) Charging Systems market is poised for dynamic evolution, driven by the growing adoption of electric vehicles (EVs) worldwide, coupled with the increasing emphasis on sustainability and energy efficiency, will fuel demand for convenient and efficient wireless charging solutions. Secondly, advancements in wireless charging technology, including higher power transfer efficiency, increased charging speeds, and interoperability standards, will drive innovation and adoption, making wireless charging a viable alternative to traditional plug-in methods. Further, the integration of wireless charging infrastructure into smart cities and urban environments, along with incentives and supportive policies from governments and regulatory bodies, will accelerate market growth. In addition, the emergence of autonomous vehicles and shared mobility services will create new opportunities for wireless charging, enabling seamless and autonomous recharging experiences for fleets and individual users. Accordingly, the Wireless EV Charging Systems market is poised for significant expansion, revolutionizing the way electric vehicles are powered and charged, and shaping the future of sustainable transportation by 2030..
Wireless Electric Vehicle (EV) Charging Systems Market Drivers, Trends, Opportunities, and Growth Opportunities
This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Wireless Electric Vehicle (EV) Charging Systems market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Wireless Electric Vehicle (EV) Charging Systems survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Wireless Electric Vehicle (EV) Charging Systems industry.
Key market trends defining the global Wireless Electric Vehicle (EV) Charging Systems demand in 2024 and Beyond
The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.
Wireless Electric Vehicle (EV) Charging Systems Market Segmentation- Industry Share, Market Size, and Outlook to 2030
The Wireless Electric Vehicle (EV) Charging Systems industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Wireless Electric Vehicle (EV) Charging Systems companies scaling up production in these sub-segments with a focus on expanding into emerging countries.
Key strategies adopted by companies within the Wireless Electric Vehicle (EV) Charging Systems industry
Leading Wireless Electric Vehicle (EV) Charging Systems companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Wireless Electric Vehicle (EV) Charging Systems companies.
Wireless Electric Vehicle (EV) Charging Systems Market Study- Strategic Analysis Review
The Wireless Electric Vehicle (EV) Charging Systems market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
- Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
- Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
- Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
- Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
Wireless Electric Vehicle (EV) Charging Systems Market Size Outlook- Historic and Forecast Revenue in Three Cases
The Wireless Electric Vehicle (EV) Charging Systems industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.
Wireless Electric Vehicle (EV) Charging Systems Country Analysis and Revenue Outlook to 2030
The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.
North America Wireless Electric Vehicle (EV) Charging Systems Market Size Outlook- Companies plan for focused investments in a changing environment
The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various Wireless Electric Vehicle (EV) Charging Systems market segments. Similarly, Strong end-user demand is encouraging Canadian Wireless Electric Vehicle (EV) Charging Systems companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Wireless Electric Vehicle (EV) Charging Systems market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.
Europe Wireless Electric Vehicle (EV) Charging Systems Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European Wireless Electric Vehicle (EV) Charging Systems industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European Wireless Electric Vehicle (EV) Charging Systems market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.
Asia Pacific Wireless Electric Vehicle (EV) Charging Systems Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Wireless Electric Vehicle (EV) Charging Systems in Asia Pacific. In particular, China, India, and South East Asian Wireless Electric Vehicle (EV) Charging Systems markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.
Latin America Wireless Electric Vehicle (EV) Charging Systems Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.
Middle East and Africa Wireless Electric Vehicle (EV) Charging Systems Market Size Outlook- continues its upward trajectory across segments
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Wireless Electric Vehicle (EV) Charging Systems market potential. Fueled by increasing consumption expenditure, growing population, and high demand across a few markets drives the demand for Wireless Electric Vehicle (EV) Charging Systems.
Wireless Electric Vehicle (EV) Charging Systems Market Company Profiles
The global Wireless Electric Vehicle (EV) Charging Systems market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Continental AG, EFACEC - Energia, S.A., Elix Wireless Inc, Evatran Group Inc, Hella Aglaia Mobile Vision GmbH, Hella Kgaa Hueck & Co., HEVO Inc, Mojo Mobility Inc, Momentum Dynamics Corp, Robert Bosch GmbH, Tgood Electric Co, Toshiba Corp, Toyota Motor Corp, Witricity Corp, ZTE Corp.
Recent Wireless Electric Vehicle (EV) Charging Systems Market Developments
The global Wireless Electric Vehicle (EV) Charging Systems market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.
Wireless Electric Vehicle (EV) Charging Systems Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
- Pricing Analysis
- Value Chain Analysis
- SWOT Profile
- Market Dynamics- Trends, Drivers, Challenges
- Porter’s Five Forces Analysis
- Macroeconomic Impact Analysis
- Case Scenarios- Low, Base, High
Market Segmentation:
Type
Dynamic Wireless Charging System
Stationary Wireless Charging System
Charging System
Magnetic Power Transfer
Capacitive Power Transfer
Inductive Power Transfer
Component
Base Charging Pad
Power Control Unit
Vehicle Charging Pad
Distribution Channel
Aftermarket
OEM
Vehicle
Battery electric vehicle (BEV)
Plug-in hybrid electric vehicle (PHEV)
Hybrid electric vehicles (HEV)
Geographical Segmentation:
- North America (3 markets)
- Europe (6 markets)
- Asia Pacific (6 markets)
- Latin America (3 markets)
- Middle East Africa (5 markets)
Companies
Continental AG
EFACEC - Energia, S.A.
Elix Wireless Inc
Evatran Group Inc
Hella Aglaia Mobile Vision GmbH
Hella Kgaa Hueck & Co.
HEVO Inc
Mojo Mobility Inc
Momentum Dynamics Corp
Robert Bosch GmbH
Tgood Electric Co
Toshiba Corp
Toyota Motor Corp
Witricity Corp
ZTE Corp.
Formats Available: Excel, PDF, and PPT