Electric Vehicle Wireless Charger Market to Grow by USD 2391.01 Million From 2023 To 2030

The Global Electric Vehicle Wireless Charger Market size is expected to grow from USD 15 million in 2022 to USD 2391.01 million by 2030, at a CAGR of 88.5% during the forecast period (2023-2030).

Market Overview:

The Electric Vehicle Wireless Charger Market is a dynamic segment within the broader electric vehicle (EV) and charging infrastructure industry. It is dedicated to the development and deployment of wireless charging technology for electric vehicles. Wireless chargers use inductive or resonant coupling to transfer energy from a charging pad to a receiver pad on the vehicle, eliminating the need for physical cables. This market represents a shift towards more convenient and efficient charging solutions for EV owners.

The market for electric vehicle wireless chargers has gained prominence due to the increasing adoption of electric vehicles, the need for convenient charging options, and advancements in wireless charging technology.

Key Players For The Electric Vehicle Wireless Charger Market

Witricity Corporation,Plugless Power Inc.,Nissan,Toyota Motor Corporation,Evatran,ZTE Corporation,Volvo,Porsche,Robert Bosch GmbH,Tesla,Momentum Dynamic Corporation,Efacec,HEVO Inc. and Other Major Players.

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Market Driver: Convenience and User-Friendly Charging

A primary driver of the Electric Vehicle Wireless Charger Market is the growing demand for convenient and user-friendly charging solutions. Traditional plug-in chargers require physical connection, which can be less convenient compared to wireless charging. With wireless charging, EV owners can simply park their vehicle over a charging pad, reducing the effort and time needed for plugging and unplugging. This level of convenience is especially appealing for urban environments, where parking spaces may be limited, and for autonomous vehicles, which can autonomously position themselves over a charging pad.

Market Opportunity: Integration with Smart Grid and IoT

An important market opportunity lies in the integration of wireless charging systems with smart grid and Internet of Things (IoT) technologies. By incorporating communication modules and intelligent control systems, wireless chargers can become part of a networked charging ecosystem. This enables features like dynamic charging rate adjustment based on grid demand, real-time monitoring of charging sessions, and optimized charging schedules. Moreover, IoT-enabled wireless chargers can provide valuable data on charging patterns and energy consumption, allowing for more efficient grid management and planning. This integration opens up new possibilities for enhancing the efficiency and sustainability of electric vehicle charging.

Segmentation Analysis of Electric Vehicle Wireless Charger Market:

By Power Supply Range

  • 3-<11
  • 11-50
  • >50 KW

By Application

  • Residential
  • Commercial

By Charging Type

  • Dynamic Wireless Charging System
  • Stationary Wireless Charging System

By Charging System

  • Magnetic Power Transfer
  • Capacitive Power Transfer
  • Inductive Power Transfer

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By Region:

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Table Of Content:

Chapter 1: Introduction

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment

Chapter 4: Market Landscape

Chapter 5: Electric Vehicle Wireless Charger Market by Power Supply Range

Chapter 6: Electric Vehicle Wireless Charger Market by Application

Chapter 7: Electric Vehicle Wireless Charger Market by Charging Type

Chapter 8: Electric Vehicle Wireless Charger Market by Charging System

Continue…...

Key Industry Developments In The Electric Vehicle Wireless Charger Market

In March 2022, In Gothenburg, Volvo launched a new wireless EV charging trial. The company has given a small fleet of electric XC40s to Cabonline, the Nordic region's largest taxi operator, who will use the cars and wireless charging pads for the next three years to see how well the system works in practice.

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Akshit Shetty

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