According to Delvens' market analysis report, Global Wireless Charging for Electric Vehicle market size is anticipated to reach USD 17.6 million in 2021 growing at a CAGR of 47.9% during the forecasting period, 2021-2028.
Wireless charging for electric vehicle is a technology used to charge electric vehicle using recharging coils placed a few centimetres below asphalt without any wore being involved. Here high frequency magnetic fields are also used. The technology used for wireless charging is named as near-field wireless power transfer technology. It provides charging on the go.
Also Check Report on Electric Vehicle (EV) Charging Station Market
With a recent development in the fast charging infrastructure along with raised demand for environmental friendly electric vehicle are some of the factors that have supported long-term expansion for Wireless Charging for Electric Vehicle industry. The global wireless EV charging market demand will increase due to factors including the increased sales of electric vehicles globally and the automobile OEMs' increasing preference for autonomous driving technologies. Increased government backing for wireless charging along with growing investments in smart highways in a number of nations, including the US, Germany, and Italy, among others, will open up new business prospects. According to The White House, The US President passed the Bipartisan Infrastructure Law to create a nationwide network of chargers, uniting automakers and autoworkers around the ambitious goal of 50% of new vehicles sold in 2030 being electric.
Global Wireless Charging for Electric Vehicle market is segmented into Power Supply, Application, Distribution channel, Component, Charging System, Propulsion, Vehicle type and geography.
Power Supply segment is segmented into 3–<11, 11–50, & >50 KW
Application segment is segmented into Home & Commercial
Distribution channel segment is segmented into Aftermarket & OE
Component segment is segmented into Base Charging Pad, Power Control Unit, and Vehicle Charging Pad
Charging System segment is segmented into Magnetic Power Transfer, Inductive Power Transfer, and Capacitive Power Transfer
Charging Type segment is segmented into Dynamic Wireless Charging System, and Stationary Wireless Charging System
Geographically, global Wireless Charging for Electric Vehicle market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions
World’s Prominent Companies in the Wireless Electric Charging Market:
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Report Feature |
Descriptions |
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Market Revenue In 2021 |
USD 17.6 million |
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Growth Rate |
CAGR of 47.9% during the forecasting period, 2021-2028 |
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Historical Data |
2018-2019 |
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Forecast Years |
2021-2028 |
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Base Year |
2020 |
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Units Considered |
Revenue in USD million and CAGR from 2021 to 2028 |
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Report Segmentation |
Power Supply , Application , Distribution channel , Component, Charging System, Propulsion, Vehicle type and Geography |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
Robert Bosch GmbH (Germany), Continental AG (Germany), WiTricity Corporation (US), ZTE Corporation (China), and HELLA KGaA Hueck & Co. (Germany) |
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Available Customization |
In addition to the market data for Wireless Charging for Electric Vehicle market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
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