Wireless EV Charging Market was valued at US$ 50.61 Mn. in 2023 and is expected to reach US$ 743.66 Mn. by 2030, at a CAGR of 46.8% during a forecast period.

Wireless EV Charging Market Overview

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Wireless EV Charging Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Wireless EV Charging market by thorough analysis, and projections are made up to 2030.

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Wireless EV Charging Market Scope and Methodology:

The Wireless EV Charging market report covers a wide range of topics that impact market dynamics, trends, opportunities, and challenges. It also includes a thorough analysis of the worldwide landscape. This comprehensive analysis also looks at how the market is divided into segments according to services category, company size, end-user sector, and geographical regions. The study also closely examines major industry participants, assessing their approaches, line of business, results, and place in the Wireless EV Charging market. To give a comprehensive picture of the market environment, a thorough evaluation of macroeconomic variables, regulatory frameworks, and technical developments is also carried out.

The report concludes that there are significant opportunities in the market through a thorough examination of the situation of Wireless EV Charging market mergers and acquisitions, R&D initiatives, new industrial processes, innovative forms of advancement, and buyer direct. The papers highlight the tactics, portfolios, organizational structures, and astute analysis of the top players in the Wireless EV Charging industry. A thorough SWOT analysis & PESTLE evaluation were carried out to ascertain the trends in the Wireless EV Charging market in order to identify market developments and open doors that effect the microeconomic elements that are available.

Wireless EV Charging Market Regional Insights 

Regional insights play a vital role in understanding the nuanced dynamics of the Wireless EV Charging market. The Wireless EV Charging market is divided into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report offers a comprehensive examination of factors, market size, growth rate, and import and export activities within each region. The Regional Analysis section presents the current status of the Wireless EV Charging market in the countries covered in the report.

Wireless EV Charging Market Segmentation

by Application

Public/Commercial Charging Station
Home Charging Unit

by Component

Base Charging Pad
Power Control Unit
Vehicle Charging Pad

by Charging Type

Dynamic Wireless Charging System
Stationary Wireless Charging System

by Distribution Channel

Aftermarket
OE Market

by Propulsion

BEV
PHEV

In 2023, the BEV segment had the biggest market share based on propulsion. The Tesla Model S, BMW i3, and Nissan Leaf are among the BEV vehicles from Tesla, BMW, and Nissan that currently support wireless charging. OEMs are concentrating on BEVs as a result of strict government regulations meant to curb rising emissions. Growing BEV sales and government assistance are probably going to push the market as a whole.

by Vehicle Type

Commercial Vehicle
Passenger Car

by Power Supply Range

3–<11 kW
11–50 kW
>50 kW

by Charging System

Magnetic Power Transfer
Capacitive Power Transfer
Inductive Power Transfer

In 2023, the Stationary Wireless Charging System had the biggest market share based on charging type. The stationary wireless charging system is reliable, secure, and simple to use. This technology is compatible with any wireless charging equipment that drivers can use to charge their cars. In parking lots and public areas, cars can also be wirelessly charged. The development of electric vehicle charging networks has been made easier by the expansion of stationary wireless charging options. Numerous establishments have installed stationary wireless charging stations.

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Wireless EV Charging Market Key Players

1. Robert Bosch GmbH
2. Continental AG
3. Toyota Motor Corporation
4. Electroad
5. Toshiba Corporation
6. Lg Chem Ltd
7. Witricity Corporation
8. Wave
9. Qualcomm, Inc.
10. Bombardier Inc.
11. Aerovironment Inc.
12. Hella KGaA Hueck & Co.
13. Evatran Group Inc.
14. Mojo Mobility Inc.
15. ZTE Corporation
16. Elix Wireless
17. Momentum Dynamics Corporation.
18. HEVO Power
19. Olev Technologies

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Key questions answered in the Wireless EV Charging Market are:

• What is Wireless EV Charging?
• What was the Wireless EV Charging market size?
• Who are the leading companies and what are their portfolios in Wireless EV Charging Market?
• What growth strategies are the players considering to increase their presence in Wireless EV Charging?
• What are the upcoming industry applications and trends for the Wireless EV Charging Market?
• Which are the factors expected to drive the Wireless EV Charging market growth?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Wireless EV Charging Market?
• What are the different segments of the Wireless EV Charging Market?
• What will be the CAGR at which the Wireless EV Charging market will grow?
• What is the growth rate of the Wireless EV Charging Market?
• What segments are covered in the Wireless EV Charging Market?
• What are the key challenges and opportunities in the Wireless EV Charging market?
• Which application holds the highest potential in the Wireless EV Charging market?
• Who are the key players in the Wireless EV Charging market?

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Key Offerings:

• Past Market Size and Competitive Landscape 
• Past Pricing and price curve by region
• Market Size, Share, Size & Forecast by different segment 
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment 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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