Wireless Electric Vehicle Charging Market By Charging Type (Static & Dynamic), By Power Supply Range (3-11kW; 12-50kW; Above 50kW), By Charging System, By Vehicle Type, By Region, Competition, Forecast & Opportunities, 2025

The 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 vehicle on the back of growing awareness about vehicle emissions and government subsidies. With the increasing demand for electric vehicles, the demand for electric vehicle charging stations will 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.

The 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 the Global Wireless Electric Vehicle Charging Market.
• To forecast the 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 the Global Wireless Electric Vehicle Charging Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in the Global Wireless Electric Vehicle Charging Market.
• To identify and analyze the profile of leading players operating in the the Global Wireless Electric Vehicle Charging Market.

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

The author calculated the Global Wireless Electric Vehicle Charging Market size by 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. The author 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.

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 the market opportunities.

Report Scope:
In this report, the Global Wireless Electric Vehicle Charging Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, By Charging Type:

• Static
• Dynamic

Market, By Power Supply Range:

• 3-11kW
• 12-50kW
• Above 50kW

Market, By Charging System:

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

Market, By Vehicle Type:

• Electric Passenger Car
• Electric Commercial Vehicle

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 the Global Wireless Electric Vehicle Charging Market.

Available Customizations:
With the given market data, the author offers customizations according to a client’s specific needs.

Profit Margin Analysis

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