Wireless Electric Vehicle Charging Market By Size, Share, Trends, and Forecast 2025

Summary

Report Description

Global wireless electric vehicle charging market is projected to grow at CAGR of over 35% during the forecast period on account of surging sales of electric vehicles or EVs on the back of growing awareness about vehicular emissions and government subsidies. With the increasing demand for electric vehicles, demand for electric vehicle charging stations is also projected to increase.

Unlike wired charging stations, wireless electric vehicle charging is about transmission of energy, without cables, from power source to vehicle. Since, the technology is convenient, cost-effective and reliable; therefore, wireless electric vehicle charging is expected to gain prominence during the next five years.

Global wireless electric vehicle charging market can be segmented based on charging type, power supply range, charging system, vehicle type, region and company. Based on power supply range, 12-50kW held the dominant share in 2019 due to high demand; however, above 50kW is forecast to grow at the highest rate until 2025 due to fast charging capabilities it offers.

Based on geography, Asia-Pacific is expected to grow at the highest rate through 2025 due to growing sales and production of electric vehicle in countries such as Japan, India, China, among other. Moreover, China is expected to hold the largest market share in the region due to high sales of electric vehicle and presence of leading OEMs in the Asian country.

Major companies in the global wireless electric vehicle charging market include HEVO Inc., Daimler AG, Qualcomm Technologies, Witricity Corporation, Mojo Mobility, Hella Kgaa Hueck & Co., ZTE Corporation, Integrated Device Technology, Inc., Hella Kgaa Hueck & Co., Toyota Motor Corporation and others. The companies operating in the market are using inorganic growth strategies such as mergers & acquisition and partnership to increase their share in the market. For instance, Qualcomm entered into strategic agreement with Nichicon Corp so that the latter company can include former company’s Halo wireless electric vehicle charging technology to their product portfolio.

Years considered for this report:

Historical Years: 2017-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

Objective of the Study:

To analyze and forecast the market size of global wireless electric vehicle charging market.
To forecast global wireless electric vehicle charging market based on charging type, power supply range, charging system, vehicle type and regional distribution.
To identify drivers and challenges for global wireless electric vehicle charging market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in global wireless electric vehicle charging market.
To identify and analyze the profile of leading players operating in the global wireless electric vehicle charging market.

Click here to download the sample

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of wireless electric vehicle charging companies across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the electric vehicle manufacturers, electric vehicle charging infrastructure companies and presence of all major players across the region.

TechSci Research calculated global wireless electric vehicle charging market size using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

Original equipment manufacturers, suppliers and other stakeholders
Government bodies such as regulating authorities and policy makers
Organizations, industry associations, forums and alliances related to wireless electric vehicle charging market
Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as original equipment manufacturers, suppliers, end users etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global wireless electric vehicle charging market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Global wireless electric vehicle charging Market, By Charging Type:

Static
Dynamic

Global wireless electric vehicle charging Market, By Power Supply Range:

3-11kW
12-50kW
Above 50kW

Global wireless electric vehicle charging Market, By Charging System:

Magnetic Power Transfer
Inductive Power Transfer
Capacitive Power Transfer

Global wireless electric vehicle charging Market, By Vehicle Type:

Electric Passenger Car
Electric Commercial Vehicle

Global wireless electric vehicle charging Market, By Region:

Asia-Pacific

China
Japan
India
South Korea
Australia

Europe

France
Germany
United Kingdom
Spain
Italy
Netherlands

North America

United States
Mexico
Canada

Rest of World

Brazil
UAE
South Africa
Saudi Arabia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global wireless electric vehicle charging market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

Profit margin analysis in case of direct and indirect sales channel.

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer

5. Global Wireless Electric Vehicle Charging Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Charging Type (Static & Dynamic)

5.2.2. By Power Supply Range (3-11kW; 12-50kW; Above 50kW)

5.2.3. By Charging System (Magnetic Power Transfer; Inductive Power Transfer; Capacitive Power Transfer)

5.2.4. By Vehicle Type (Electric Passenger Car; Electric Commercial Vehicle)

5.2.5. By Company (2019)

5.2.6. By Region

5.3. Product Market Map

6. Asia-Pacific Wireless Electric Vehicle Charging Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Charging Type

6.2.2. By Power Supply Range

6.2.3. By Charging System

6.2.4. By Vehicle Type

6.2.5. By Country

6.3. Asia-Pacific: Country Analysis

6.3.1. China Wireless Electric Vehicle Charging Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Charging Type

6.3.1.2.2. By Charging System

6.3.1.2.3. By Vehicle Type

6.3.2. India Wireless Electric Vehicle Charging Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Charging Type

6.3.2.2.2. By Charging System

6.3.2.2.3. By Vehicle Type

6.3.3. Japan Wireless Electric Vehicle Charging Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Charging Type

6.3.3.2.2. By Charging System

6.3.3.2.3. By Vehicle Type

6.3.4. South Korea Wireless Electric Vehicle Charging Market Outlook

6.3.4.1. Market Size & Forecast

6.3.4.1.1. By Value

6.3.4.2. Market Share & Forecast

6.3.4.2.1. By Charging Type

6.3.4.2.2. By Charging System

6.3.4.2.3. By Vehicle Type

6.3.5. Australia Wireless Electric Vehicle Charging Market Outlook

6.3.5.1. Market Size & Forecast

6.3.5.1.1. By Value

6.3.5.2. Market Share & Forecast

6.3.5.2.1. By Charging Type

6.3.5.2.2. By Charging System

6.3.5.2.3. By Vehicle Type

7. Europe Wireless Electric Vehicle Charging Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Charging Type

7.2.2. By Power Supply Range

7.2.3. By Charging System

7.2.4. By Vehicle Type

7.2.5. By Country

7.3. Europe: Country Analysis

7.3.1. France Wireless Electric Vehicle Charging Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Charging Type

7.3.1.2.2. By Charging System

7.3.1.2.3. By Vehicle Type

7.3.2. Germany Wireless Electric Vehicle Charging Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Charging Type

7.3.2.2.2. By Charging System

7.3.2.2.3. By Vehicle Type

7.3.3. United Kingdom Wireless Electric Vehicle Charging Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Charging Type

7.3.3.2.2. By Charging System

7.3.3.2.3. By Vehicle Type

7.3.4. Italy Wireless Electric Vehicle Charging Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Charging Type

7.3.4.2.2. By Charging System

7.3.4.2.3. By Vehicle Type

7.3.5. Spain Wireless Electric Vehicle Charging Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Charging Type

7.3.5.2.2. By Charging System

7.3.5.2.3. By Vehicle Type

7.3.6. Netherlands Wireless Electric Vehicle Charging Market Outlook

7.3.6.1. Market Size & Forecast

7.3.6.1.1. By Value

7.3.6.2. Market Share & Forecast

7.3.6.2.1. By Charging Type

7.3.6.2.2. By Charging System

7.3.6.2.3. By Vehicle Type

8. North America Wireless Electric Vehicle Charging Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Charging Type

8.2.2. By Power Supply Range

8.2.3. By Charging System

8.2.4. By Vehicle Type

8.2.5. By Country

8.3. North America: Country Analysis

8.3.1. United States Wireless Electric Vehicle Charging Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Charging Type

8.3.1.2.2. By Charging System

8.3.1.2.3. By Vehicle Type

8.3.2. Mexico Wireless Electric Vehicle Charging Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Charging Type

8.3.2.2.2. By Charging System

8.3.2.2.3. By Vehicle Type

8.3.3. Canada Wireless Electric Vehicle Charging Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Charging Type

8.3.3.2.2. By Charging System

8.3.3.2.3. By Vehicle Type

9. Rest of World Wireless Electric Vehicle Charging Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Charging Type

9.2.2. By Power Supply Range

9.2.3. By Charging System

9.2.4. By Vehicle Type

9.2.5. By Country

9.3. South America: Country Analysis

9.3.1. Brazil Wireless Electric Vehicle Charging Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Charging Type

9.3.1.2.2. By Charging System

9.3.1.2.3. By Vehicle Type

9.3.2. Saudi Arabia Wireless Electric Vehicle Charging Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Charging Type

9.3.2.2.2. By Charging System

9.3.2.2.3. By Vehicle Type

9.3.3. South Africa Wireless Electric Vehicle Charging Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Charging Type

9.3.3.2.2. By Charging System

9.3.3.2.3. By Vehicle Type

9.3.4. UAE Wireless Electric Vehicle Charging Market Outlook

9.3.4.1. Market Size & Forecast

9.3.4.1.1. By Value

9.3.4.2. Market Share & Forecast

9.3.4.2.1. By Charging Type

9.3.4.2.2. By Charging System

9.3.4.2.3. By Vehicle Type

10. Market Dynamics

10.1. Drivers

10.2. Challenges

11. Market Trends & Developments

12. Competitive Landscape

12.1. HEVO Inc.

12.2. Daimler AG

12.3. Qualcomm Technologies

12.4. Witricity Corporation

12.5. Mojo Mobility

12.6. Hella Kgaa Hueck & Co.

12.7. ZTE Corporation

12.8. Integrated Device Technology, Inc.

12.9. Hella Kgaa Hueck & Co.

12.10. Toyota Motor Corporation

13. Strategic Recommendations

14. About Us & Disclaimer

Figures and Tables

Frequently asked questions

Related Reports

Srishti Verma

Business Consultant

Talk To Analyst

Press Release

Wireless Electric Vehicle Charging Market to Grow at a Double Digit CAGR Through 2025

Jan, 2020

Growing adoption of electric vehicle and increasing R&D spending in this sector to drive global wireless electric vehicle charging market until 2025

Buy Now