Electric Vehicle Wireless Charging Sector: Growth Drivers and Challenges
Growth Drivers
- Rising Sales of Electric Vehicles to Expand Market
- Increasing Investments in Wireless Electric Vehicle Charging Technology to Drive Market Growth
Challenges
- Costly Technology Integration and Slow Charging Speed of Electric Vehicle Wireless Charging to Hinder Market Growth
Electric Vehicle Wireless Charging Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
47.3% |
|
Base Year Market Size (2024) |
USD 120.99 million |
|
Forecast Year Market Size (2037) |
USD 18.59 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of EV wireless charging is estimated at USD 169.63 million.
Electric Vehicle Wireless Charging Market size was over USD 120.99 million in 2024 and is poised to exceed USD 18.59 billion by 2037, witnessing over 47.3% CAGR during the forecast period i.e., between 2025-2037.
Europe industry is set to hold largest revenue share by 2037, led by strong presence of leading companies, and a well-developed infrastructure.
The major players in the market are Continental AG, Robert Bosch GmbH, Qualcomm Technologies, Inc., and others.
