PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1534362
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1534362
Wireless Electric Vehicle Charging Market - Global Size, Share, Trend Analysis, Opportunity and Forecast, 2019-2030, Segmented By Component; By Type; By Vehicle Type; By Power Supply Range; By Technology; By Application; By Region
Global Wireless Electric Vehicle (EV) Charging Market Size Zooming at Stellar CAGR of 17.35% to Touch USD 786.08 Million by 2030
Global Wireless Electric Vehicle (EV) Charging Market is propelled by an increasingly high demand for sustainable transportation, advancements in wireless charging infrastructure, governments' supportive initiatives, and the growing adoption of EVs.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Global Wireless Electric Vehicle (EV) Charging Market size at USD 256.47 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Global Wireless Electric Vehicle (EV) Charging Market size to grow at a CAGR of 17.35% reaching a value of USD 786.08 million by 2030. Global Wireless Charging Market for EVs is primarily propelled by an increasing demand for sustainable transportation solutions, fostering the growth of EVs. Advancements in wireless charging technologies, offering convenience and efficiency, drive market expansion. Government initiatives promoting clean energy and stringent emissions regulations further boost adoption. Rising consumer awareness, coupled with the automotive industry's commitment to eco-friendly practices, accelerates the integration of wireless EV charging infrastructure. Continuous research and development efforts, collaborations among key industry players, and expanding EV fleets contribute to the market's dynamic evolution, shaping a future of seamless, wireless EV charging systems.
Opportunity - Governments' supportive measures for EV adoption
In an era marked by sustainable mobility, supportive initiatives and regulations by governments across countries play a pivotal role in driving Global Wireless Electric Vehicle (EV) Charging Market. Forward-thinking policies and supportive regulations are fostering innovation, incentivizing investments, and accelerating the adoption of wireless EV technologies worldwide. As governments worldwide champion eco-friendly transportation, the market witnesses unprecedented growth, creating conducive environment for sustainable solutions and revolutionizing the future of electric mobility.
Dynamic Wireless Charging Type to Gain Larger Market Share
Global Wireless Electric Vehicle (EV) Charging Market, based on type, consists of Static and Dynamic Charging segments. The dynamic segment holds a higher market share in Global Wireless Electric Vehicle (EV) Charging Market by type. Dynamic wireless charging technology for EVs has witnessed substantial growth, revolutionizing the automotive industry by allowing on-the-go charging. The segment's prominence is attributed to its convenience, addressing range anxiety and enhancing the overall user experience. The increasing adoption of dynamic wireless charging infrastructure in smart cities and the automotive sector underscores its pivotal role in shaping the future of electric mobility, making it a larger segment in the market.
Impact of Escalating Geopolitical Tensions on Global Wireless Electric Vehicle (EV) Charging Market
Escalating geopolitical tensions, particularly the Russia-Ukraine war, have adversely impacted Global Wireless Electric Vehicle (EV) Charging Market. Supply chain disruptions, increased energy prices, and heightened economic uncertainties have impeded the market's growth. The conflict has disrupted the production and transportation of crucial components, hindering the seamless adoption of wireless EV technology. Additionally, investor confidence has waned, affecting funding for research and development. The geopolitical instability has created a challenging environment, making it difficult for Global Wireless EV Technology Market to realize its full potential, as businesses grapple with uncertainties and adapt to changing geopolitical dynamics.
Competitive Landscape
Global Wireless Electric Vehicle (EV) Charging Market is fiercely competitive. Major companies in the market include WiTricity, Kyocera Corporation, Continental AG, Qualcomm Halo, Toyota Motor Corporation, Hevo, Momentum Dynamic, Plugless, Hella GmbH & Co. KGaA, and Siemens. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in Global Wireless Electric Vehicle (EV) Charging Market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Global Wireless Electric Vehicle (EV) Charging Market. It also highlights the factors driving forecasts of total Market size. The report promises to provide recent technology trends in Global Wireless Electric Vehicle (EV) Charging Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Component Overview
- 1.3. Market Segmentation
2. Executive Summary
3. Global Wireless Electric Vehicle (EV) Charging Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Rising demand for electric vehicles
- 3.2.1.2. Banning of combustion engine vehicles in various countries
- 3.2.2. Restraints
- 3.2.2.1. High cost associated with Wireless Electric Vehicle (EV) Charging
- 3.2.2.2. Slower charging issues
- 3.2.3. Opportunities
- 3.2.3.1. Government initiatives and regulations
- 3.2.3.2. Advancement in the wireless electric vehicle charging technology
- 3.2.4. Challenges
- 3.2.4.1. Lack of standardization in the wireless EV charging industry.
- 3.2.1. Growth Drivers
- 3.3. Technology Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. Global Wireless Electric Vehicle (EV) Charging Market Overview
- 4.1. Market Size & Forecast, 2019-2030
- 4.1.1. By Value (USD Million)
- 4.2. Market Share & Forecast
- 4.2.1. By Component
- 4.2.1.1. Base Charging Pad
- 4.2.1.2. Power Control Unit
- 4.2.1.3. Vehicle Charging Pad
- 4.2.2. By Type
- 4.2.2.1. Static
- 4.2.2.2. Dynamic
- 4.2.3. By Vehicle Type
- 4.2.3.1. Battery Electric Vehicles
- 4.2.3.2. Plug-in Hybrid Electric Vehicles
- 4.2.4. By Power Supply Range
- 4.2.4.1. Less Than 11 kW
- 4.2.4.2. More Than 50 kW
- 4.2.4.3. 11 kW to 50 kW
- 4.2.5. By Technology
- 4.2.5.1. Resonant inductive
- 4.2.5.2. Permanent Magnet Gear
- 4.2.5.3. Capacitive
- 4.2.5.4. Inductive
- 4.2.6. By Application
- 4.2.6.1. Light Commercial Vehicles
- 4.2.6.2. Heavy Commercial Vehicles
- 4.2.6.3. Passenger Vehicles
- 4.2.6.4. Electric Two-wheelers
- 4.2.7. By Region
- 4.2.7.1. North America
- 4.2.7.2. Europe
- 4.2.7.3. Asia Pacific (APAC)
- 4.2.7.4. Latin America (LATAM)
- 4.2.7.5. Middle East and Africa (MEA)
- 4.2.1. By Component
5. North America Wireless Electric Vehicle (EV) Charging Market
- 5.1. Market Size & Forecast, 2019-2030
- 5.1.1. By Value (USD Million)
- 5.2. Market Share & Forecast
- 5.2.1. By Component
- 5.2.2. By Type
- 5.2.3. By Vehicle Type
- 5.2.4. By Power Supply Range
- 5.2.5. By Technology
- 5.2.6. By Application
- 5.2.7. By Country
- 5.2.7.1. United States
- 5.2.7.1.1. By Component
- 5.2.7.1.2. By Type
- 5.2.7.1.3. By Vehicle Type
- 5.2.7.1.4. By Power Supply Range
- 5.2.7.1.5. By Technology
- 5.2.7.1.6. By Application
- 5.2.7.2. Canada
- 5.2.7.2.1. By Component
- 5.2.7.2.2. By Type
- 5.2.7.2.3. By Vehicle Type
- 5.2.7.2.4. By Power Supply Range
- 5.2.7.2.5. By Technology
- 5.2.7.2.6. By Application
6. Europe Wireless Electric Vehicle (EV) Charging Market
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Component
- 6.2.2. By Type
- 6.2.3. By Vehicle Type
- 6.2.4. By Power Supply Range
- 6.2.5. By Technology
- 6.2.6. By Application
- 6.2.7. By Country
- 6.2.7.1. Germany
- 6.2.7.1.1. By Component
- 6.2.7.1.2. By Type
- 6.2.7.1.3. By Vehicle Type
- 6.2.7.1.4. By Power Supply Range
- 6.2.7.1.5. By Technology
- 6.2.7.1.6. By Application
- 6.2.7.2. United Kingdom
- 6.2.7.2.1. By Component
- 6.2.7.2.2. By Type
- 6.2.7.2.3. By Vehicle Type
- 6.2.7.2.4. By Power Supply Range
- 6.2.7.2.5. By Technology
- 6.2.7.2.6. By Application
- 6.2.7.3. Italy
- 6.2.7.3.1. By Component
- 6.2.7.3.2. By Type
- 6.2.7.3.3. By Vehicle Type
- 6.2.7.3.4. By Power Supply Range
- 6.2.7.3.5. By Technology
- 6.2.7.3.6. By Application
- 6.2.7.4. France
- 6.2.7.4.1. By Component
- 6.2.7.4.2. By Type
- 6.2.7.4.3. By Vehicle Type
- 6.2.7.4.4. By Power Supply Range
- 6.2.7.4.5. By Technology
- 6.2.7.4.6. By Application
- 6.2.7.5. Spain
- 6.2.7.5.1. By Component
- 6.2.7.5.2. By Type
- 6.2.7.5.3. By Vehicle Type
- 6.2.7.5.4. By Power Supply Range
- 6.2.7.5.5. By Technology
- 6.2.7.5.6. By Application
- 6.2.7.6. Belgium
- 6.2.7.6.1. By Component
- 6.2.7.6.2. By Type
- 6.2.7.6.3. By Vehicle Type
- 6.2.7.6.4. By Power Supply Range
- 6.2.7.6.5. By Technology
- 6.2.7.6.6. By Application
- 6.2.7.7. Russia
- 6.2.7.7.1. By Component
- 6.2.7.7.2. By Type
- 6.2.7.7.3. By Vehicle Type
- 6.2.7.7.4. By Power Supply Range
- 6.2.7.7.5. By Technology
- 6.2.7.7.6. By Application
- 6.2.7.8. The Netherlands
- 6.2.7.8.1. By Component
- 6.2.7.8.2. By Type
- 6.2.7.8.3. By Vehicle Type
- 6.2.7.8.4. By Power Supply Range
- 6.2.7.8.5. By Technology
- 6.2.7.8.6. By Application
- 6.2.7.9. Rest of Europe
- 6.2.7.9.1. By Component
- 6.2.7.9.2. By Type
- 6.2.7.9.3. By Vehicle Type
- 6.2.7.9.4. By Power Supply Range
- 6.2.7.9.5. By Technology
- 6.2.7.9.6. By Application
7. Asia Pacific Wireless Electric Vehicle (EV) Charging Market
- 7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Million)
- 7.2. Market Share & Forecast
- 7.2.1. By Component
- 7.2.2. By Type
- 7.2.3. By Vehicle Type
- 7.2.4. By Power Supply Range
- 7.2.5. By Technology
- 7.2.6. By Country
- 7.2.6.1. China
- 7.2.6.1.1. By Component
- 7.2.6.1.2. By Type
- 7.2.6.1.3. By Vehicle Type
- 7.2.6.1.4. By Power Supply Range
- 7.2.6.1.5. By Technology
- 7.2.6.1.6. By Application
- 7.2.6.2. India
- 7.2.6.2.1. By Component
- 7.2.6.2.2. By Type
- 7.2.6.2.3. By Vehicle Type
- 7.2.6.2.4. By Power Supply Range
- 7.2.6.2.5. By Technology
- 7.2.6.2.6. By Application
- 7.2.6.3. Japan
- 7.2.6.3.1. By Component
- 7.2.6.3.2. By Type
- 7.2.6.3.3. By Vehicle Type
- 7.2.6.3.4. By Power Supply Range
- 7.2.6.3.5. By Technology
- 7.2.6.3.6. By Application
- 7.2.6.4. South Korea
- 7.2.6.4.1. By Component
- 7.2.6.4.2. By Type
- 7.2.6.4.3. By Vehicle Type
- 7.2.6.4.4. By Power Supply Range
- 7.2.6.4.5. By Technology
- 7.2.6.4.6. By Application
- 7.2.6.5. Australia & New Zealand
- 7.2.6.5.1. By Component
- 7.2.6.5.2. By Type
- 7.2.6.5.3. By Vehicle Type
- 7.2.6.5.4. By Power Supply Range
- 7.2.6.5.5. By Technology
- 7.2.6.5.6. By Application
- 7.2.6.6. Indonesia
- 7.2.6.6.1. By Component
- 7.2.6.6.2. By Type
- 7.2.6.6.3. By Vehicle Type
- 7.2.6.6.4. By Power Supply Range
- 7.2.6.6.5. By Technology
- 7.2.6.6.6. By Application
- 7.2.6.7. Malaysia
- 7.2.6.7.1. By Component
- 7.2.6.7.2. By Type
- 7.2.6.7.3. By Vehicle Type
- 7.2.6.7.4. By Power Supply Range
- 7.2.6.7.5. By Technology
- 7.2.6.7.6. By Application
- 7.2.6.8. Singapore
- 7.2.6.8.1. By Component
- 7.2.6.8.2. By Type
- 7.2.6.8.3. By Vehicle Type
- 7.2.6.8.4. By Power Supply Range
- 7.2.6.8.5. By Technology
- 7.2.6.8.6. By Application
- 7.2.6.9. Vietnam
- 7.2.6.9.1. By Component
- 7.2.6.9.2. By Type
- 7.2.6.9.3. By Vehicle Type
- 7.2.6.9.4. By Power Supply Range
- 7.2.6.9.5. By Technology
- 7.2.6.9.6. By Application
- 7.2.6.10. Rest of APAC
- 7.2.6.10.1. By Component
- 7.2.6.10.2. By Type
- 7.2.6.10.3. By Vehicle Type
- 7.2.6.10.4. By Power Supply Range
- 7.2.6.10.5. By Technology
- 7.2.6.10.6. By Application
8. Latin America Wireless Electric Vehicle (EV) Charging Market
- 8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Million)
- 8.2. Market Share & Forecast
- 8.2.1. By Component
- 8.2.2. By Type
- 8.2.3. By Vehicle Type
- 8.2.4. By Power Supply Range
- 8.2.5. By Technology
- 8.2.6. By Application
- 8.2.7. By Country
- 8.2.7.1. Brazil
- 8.2.7.1.1. By Component
- 8.2.7.1.2. By Type
- 8.2.7.1.3. By Vehicle Type
- 8.2.7.1.4. By Power Supply Range
- 8.2.7.1.5. By Technology
- 8.2.7.1.6. By Application
- 8.2.7.2. Mexico
- 8.2.7.2.1. By Component
- 8.2.7.2.2. By Type
- 8.2.7.2.3. By Vehicle Type
- 8.2.7.2.4. By Power Supply Range
- 8.2.7.2.5. By Technology
- 8.2.7.2.6. By Application
- 8.2.7.3. Argentina
- 8.2.7.3.1. By Component
- 8.2.7.3.2. By Type
- 8.2.7.3.3. By Vehicle Type
- 8.2.7.3.4. By Power Supply Range
- 8.2.7.3.5. By Technology
- 8.2.7.3.6. By Application
- 8.2.7.4. Peru
- 8.2.7.4.1. By Component
- 8.2.7.4.2. By Type
- 8.2.7.4.3. By Vehicle Type
- 8.2.7.4.4. By Power Supply Range
- 8.2.7.4.5. By Technology
- 8.2.7.4.6. By Application
- 8.2.7.5. Rest of LATAM
- 8.2.7.5.1. By Component
- 8.2.7.5.2. By Type
- 8.2.7.5.3. By Vehicle Type
- 8.2.7.5.4. By Power Supply Range
- 8.2.7.5.5. By Technology
- 8.2.7.5.6. By Application
9. Middle East & Africa Wireless Electric Vehicle (EV) Charging Market
- 9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Million)
- 9.2. Market Share & Forecast
- 9.2.1. By Component
- 9.2.2. By Type
- 9.2.3. By Vehicle Type
- 9.2.4. By Power Supply Range
- 9.2.5. By Technology
- 9.2.6. By Application
- 9.2.7. By Country
- 9.2.7.1. Saudi Arabia
- 9.2.7.1.1. By Component
- 9.2.7.1.2. By Type
- 9.2.7.1.3. By Vehicle Type
- 9.2.7.1.4. By Power Supply Range
- 9.2.7.1.5. By Technology
- 9.2.7.1.6. By Application
- 9.2.7.2. UAE
- 9.2.7.2.1. By Component
- 9.2.7.2.2. By Type
- 9.2.7.2.3. By Vehicle Type
- 9.2.7.2.4. By Power Supply Range
- 9.2.7.2.5. By Technology
- 9.2.7.2.6. By Application
- 9.2.7.3. Qatar
- 9.2.7.3.1. By Component
- 9.2.7.3.2. By Type
- 9.2.7.3.3. By Vehicle Type
- 9.2.7.3.4. By Power Supply Range
- 9.2.7.3.5. By Technology
- 9.2.7.3.6. By Application
- 9.2.7.4. Kuwait
- 9.2.7.4.1. By Component
- 9.2.7.4.2. By Type
- 9.2.7.4.3. By Vehicle Type
- 9.2.7.4.4. By Power Supply Range
- 9.2.7.4.5. By Technology
- 9.2.7.4.6. By Application
- 9.2.7.5. South Africa
- 9.2.7.5.1. By Component
- 9.2.7.5.2. By Type
- 9.2.7.5.3. By Vehicle Type
- 9.2.7.5.4. By Power Supply Range
- 9.2.7.5.5. By Technology
- 9.2.7.5.6. By Application
- 9.2.7.6. Nigeria
- 9.2.7.6.1. By Component
- 9.2.7.6.2. By Type
- 9.2.7.6.3. By Vehicle Type
- 9.2.7.6.4. By Power Supply Range
- 9.2.7.6.5. By Technology
- 9.2.7.6.6. By Application
- 9.2.7.7. Algeria
- 9.2.7.7.1. By Component
- 9.2.7.7.2. By Type
- 9.2.7.7.3. By Vehicle Type
- 9.2.7.7.4. By Power Supply Range
- 9.2.7.7.5. By Technology
- 9.2.7.7.6. By Application
- 9.2.7.8. Rest of MEA
- 9.2.7.8.1. By Component
- 9.2.7.8.2. By Type
- 9.2.7.8.3. By Vehicle Type
- 9.2.7.8.4. By Power Supply Range
- 9.2.7.8.5. By Technology
- 9.2.7.8.6. By Application
10. Competitive Landscape
- 10.1. List of Key Players and Their Offerings
- 10.2. Global Wireless Electric Vehicle (EV) Charging Company Market Share Analysis, 2023
- 10.3. Competitive Benchmarking, By Operating Parameters
- 10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
11. Impact of Covid-19 on Global Wireless Electric Vehicle (EV) Charging Market
12. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 12.1. WiTricity
- 12.2. Kyocera Corporation
- 12.3. Continental AG
- 12.4. Qualcomm Halo
- 12.5. Toyota Motor Corporation
- 12.6. HEVO
- 12.7. Momentum Dynamic
- 12.8. Plugless
- 12.9. HELLA GmbH & Co. KGaA
- 12.10. Siemens
- 12.11. Other Prominent Players
13. Key Strategic Recommendations
14. Research Methodology
- 14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
- 14.2. Quantitative Research
- 14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
- 14.4. Breakdown of Primary Research Respondents, By Region
- 14.5. Assumptions & Limitations
*Financial information of case of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
