Wireless EV Charging Market by Application, Component, Market (Aftermarket/Retrofit and OE Market), Power Supply Range (3- 50 kW), Charging Type (Stationary and Dynamic), Vehicle Type, and Region - Global Forecast to 2025

  • ID: 4392935
  • Report
  • Region: Global
  • 183 Pages
  • Markets and Markets
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The Global Wireless Ev Charging Market is Projected to Reach a Market Size of USD 7,094.8 Million By 2025 from An Estimated USD 953.9 Million in 2020, Growing at a CAGR of 49.38% from 2020 to 2025.

FEATURED COMPANIES

  • Bombardier Inc.
  • ELIX Wireless
  • Hella KGaA Hueck & Co.
  • Qualcomm, Inc.
  • Toshiba Corporation
  • WiTricity corporation
  • MORE

“Growing charging infrastructure and rising consumer demand for fast and convenient charging are expected to drive the wireless EV charging market during the forecast period”

The global wireless EV charging market is projected to reach a market size of USD 7,094.8 million by 2025 from an estimated USD 953.9 million in 2020, growing at a CAGR of 49.38% from 2020 to 2025. The market growth is primarily driven by factors such as an increase in demand for electric vehicles due to government policies and subsidies favoring electric vehicle charging stations (EVCS) and technological advancements. The growing infrastructure of fast chargers for electric vehicles is another key driver for the wireless EV charging market.

“The >50 kW segment is estimated to be the fastest growing segment of the wireless EV charging market, in terms of value”

The >50 kW power supply range is estimated to be the fastest growing segment of the wireless EV charging market during the forecast period. The growth of this segment is driven by the huge incentives from the government for the installation of fast chargers and subsidies for the public charging infrastructure. The increasing demand for commercial electric vehicles is also contributing to the growth of the high power supply range. Electric buses and electric trucks require a heavy power supply of more than 50 kW to charge their high capacity batteries. 

“The Battery Electric Vehicle is estimated to be the largest segment of the wireless EV charging market”

The battery electric vehicle (BEV) is estimated to hold the largest market share during the forecast period. The penetration of the wireless charging system for BEVs is greater than that of PHEVs because the electric vehicles are completely powered by a battery and have no backup fuel source. The battery electric commercial vehicles are also emerging gradually in the market. The wireless EV charging market for BEVs is estimated to grow in the coming years due to strict emission norms by the governments of various countries and increase in the distance traveled by electric vehicles.

“Asia-Pacific is estimated to be the largest wireless charging EV market”

Asia-Pacific is projected to be the largest regional market for wireless charging of electric vehicles in 2020. The key factors driving the adoption of electric vehicles include climate concerns and rising oil prices. Further, the possibility of reducing carbon emissions by electrifying the transportation has caught the attention of local and national government officials in countries such as China and India. The Indian wireless EV charging market is estimated to be the fastest growing market during the forecast period. The market growth can be attributed to the increased adoption of electric vehicles due to favorable government policies and incentives. India is also increasing its R&D capability through joint efforts with various countries.

The study contains insights provided by various industry experts, ranging from wireless EV charging system manufacturers to automobile OEMs and various automotive associations. The break–up of the primaries is as follows:

  • By Company Type: Tier I–63%, Tier II–24% and Tier III–13%
  • By Designation: C Level–50%, D Level–38% and Manager level–12%
  • By Region: Asia-Pacific- 25%, Europe-37%, North America-25%, RoW-13%

Players profiled in the report are:

  • Continental AG
  • Robert Bosch GmbH
  • Qualcomm, Inc.
  • Toyota Motor Corporation
  • Bombardier Inc.
  • WiTricity corporation
  • Hella KGaA Hueck & Co.
  • Evatran Group
  • Toshiba Corporation
  • ZTE Corporation
  • ELIX Wireless
  • HEVO Power

Research Coverage

The report covers the wireless EV charging market by application (Home charging Unit and Public Charging Station), market (Aftermarket and OE Market), component (Base Charging Pad, Power Control Unit, and Vehicle Charging Pad), power supply range (3-<11 kW, 11-50 kW, and >50 kW), vehicle type, charging type, and region (Asia-Pacific, Europe, North America, and RoW).

Reasons to Buy the Report:

  • Market Penetration: The report provides comprehensive information on wireless charging systems for electric vehicles offered by the top players in the industry.
  • Regulatory Framework: The report offers detailed insights into norms leading to the application of wireless charging such as public charging stations and the effect of the regulations on the market.
  • Market Development: The report provides comprehensive information on various trends of wireless charging technology. The report analyzes the market for wireless charging technologies across several countries.
  • Market Diversification: The report provides exhaustive information about emerging technologies, recent developments, and investments in the global wireless EV charging market.
  • Competitive Leadership Analysis: The report provides company-level mapping of net sales, growth rate of a company’s net sales, overall regional presence, company’s presence/plans in emerging countries, mapping of inorganic and organic developments, manufacturing plants, company’s presence in the OE and aftermarket segments, product offerings (breadth and depth), new product developments in recent years, and R&D expenditure, among others.
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FEATURED COMPANIES

  • Bombardier Inc.
  • ELIX Wireless
  • Hella KGaA Hueck & Co.
  • Qualcomm, Inc.
  • Toshiba Corporation
  • WiTricity corporation
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Secondary Data
2.3 Primary Data
2.3.1 Sampling Techniques & Data Collection Methods
2.3.2 Primary Participants
2.4 Data Triangulation
2.5 Factor Analysis
2.5.1 Introduction
2.5.2 Demand-Side Analysis
2.5.2.1 Increase in Demand for BEVs & PHEVs
2.5.2.2 Growing Concern to Curb the Increasing Pollution
2.5.2.3 Government Policies and Subsidies Favoring Electric Vehicle Charging Stations (EVCS)
2.5.3 Supply-Side Analysis
2.5.3.1 Operating Economy
2.5.3.2 Technological Advancements
2.5.3.3 Rising Oem Investments and R&D Activities Towards Wireless Charging
2.6 Market Size Estimation
2.7 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Wireless EV Charging Market
4.2 Wireless EV Charging Market, By Region
4.3 Market, By Country
4.4 Market, By Power Supply Range
4.5 Market, By Vehicle Type
4.6 Market, By Market
4.7 Market, By Application

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 Wireless EV Charging Market, By Application
5.2.2 Market, By Charging Type
5.2.3 Market, By Component
5.2.4 Market, By Vehicle Type
5.2.5 Market, By Market Type
5.2.6 Market, By Power Supply Range
5.2.7 Market, By Region
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Rising Demand for Safety and Convenience
5.3.1.2 Growing Infrastructure of Fast Chargers for Electric Vehicles
5.3.1.3 Increasing Demand for Miles Driven By Electric Vehicles
5.3.2 Restraints
5.3.2.1 High Price of Upgradation to Wireless Charging Technology
5.3.3 Opportunities
5.3.3.1 Rise in Demand for Semi-Autonomous and Autonomous Vehicles
5.3.3.2 Development of Wireless Charging System for Commercial Electric Vehicles
5.3.4 Challenges
5.3.4.1 Minimizing Loss of Efficiency and Fast Charging
5.3.4.2 High Level of Safety
5.3.4.3 Long Routes for Dynamic Charging
5.4 Porters Five Forces Analysis
5.4.1 Competitive Rivalry
5.4.2 Threat of Substitutes
5.4.3 Bargaining Power of Buyers
5.4.4 Bargaining Power of Suppliers
5.4.5 Threat of New Entrants

6 Technological Overview
6.1 Introduction
6.1.1 Technological Outlook of Wireless Charging System
6.1.2 Inductive Coupling
6.1.3 Magnetic Resonant Coupling
6.1.4 Magneto Dynamic Coupling

7 Wireless EV Charging Market, By Power Supply Range
7.1 Introduction
7.2 3–<11 kW
7.3 11–50 kW
7.4 >50 kW

8 Wireless EV Charging Market, By Market Type
8.1 Introduction
8.2 Aftermarket
8.3 Oe Market

9 Wireless EV Charging Market, By Component
9.1 Introduction
9.2 Base Charging Pad
9.3 Power Control Unit
9.4 Vehicle Charging Pad

10 Wireless EV Charging Market, By Charging Type
10.1 Introduction
10.2 Dynamic Wireless Charging System
10.3 Stationary Wireless Charging System

11 Wireless EV Charging Market, By Vehicle Type
11.1 Introduction
11.2 Battery Electric Vehicle
11.3 Plug-In Hybrid Electric Vehicle

12 Wireless EV Charging Market, By Region and Application
12.1 Introduction
12.1.1 Asia Pacific
12.1.1.1 China
12.1.1.2 India
12.1.1.3 Japan
12.1.1.4 South Korea
12.1.1.5 Rest of Asia Pacific
12.1.2 Europe
12.1.2.1 France
12.1.2.2 Germany
12.1.2.3 Italy
12.1.2.4 The Netherlands
12.1.2.5 Norway
12.1.2.6 UK
12.1.2.7 Rest of Europe
12.1.3 North America
12.1.3.1 Canada
12.1.3.2 Mexico
12.1.3.3 US
12.1.4 Rest of the World
12.1.4.1 Brazil
12.1.4.2 Russia
12.1.4.3 South Africa

13 Competitive Landscape
13.1 Introduction
13.1.1 Visionary Leaders
13.1.2 Innovators
13.1.3 Dynamic Differentiators
13.1.4 Emerging Companies
13.2 Competitive Benchmarking
13.2.1 Strength of Product Portfolio (For 20 Companies)
13.2.2 Business Strategy Excellence (For 20 Companies)

14 Company Profiles
14.1 Continental AG
14.2 Robert Bosch GmbH
14.3 Qualcomm, Inc.
14.4 Toyota Motor Corporation
14.5 Bombardier Inc.
14.6 Witricity Corporation
14.7 Hella KGaA Hueck & Co.
14.8 Evatran Group Inc.
14.9 Toshiba Corporation
14.1 ZTE Corporation
14.11 Elix Wireless
14.12 HEVO Power

15 Appendix
15.1 Insights of Industry Experts
15.2 Discussion Guide
15.3 Knowledge Store
15.4 Introducing RT: Real Time Market Intelligence
15.5 Available Customizations
15.5.1 Wireless Charging Market for Electric Buses & Trucks, By Region
15.5.1.1 Asia-Pacific
15.5.1.2 Europe
15.5.1.3 North America
15.5.1.4 Rest of the World
15.5.2 Dynamic Wireless EV Charging Market, By Region
15.5.2.1 Asia-Pacific
15.5.2.2 Europe
15.5.2.3 North America
15.5.2.4 Rest of the World
15.6 Related Reports
15.7 Author Details

List of Tables
Table 1 Currency Exchange Rates (W.R.T USD)
Table 2 Government Subsidies & Incentives for Electric Vehicle Charging Stations (EVCS)
Table 3 Government Incentives for Electric Vehicles
Table 4 Wireless EV Charging Market, By Application
Table 5 Market, By Charging Type
Table 6 Market, By Component
Table 7 Market, By Vehicle Type
Table 8 Market, By Market Type
Table 9 Market, By Power Supply Range
Table 10 Wireless Charging vs Plug-In Charging
Table 11 Publicly Accessible Fast Charger Stock, By Country, 2014–16 (Units)
Table 12 Miles Driven By Electric Vehicles, 2016 vs 2017
Table 13 Porters Five Forces Analysis
Table 14 Wireless EV Charging Market, By Power Supply Range, 2017–2025 (Units)
Table 15 Market, By Power Supply Range, 2017–2025 (USD Thousand)
Table 16 3–<11 kW: Wireless EV Charging Market, By Region, 2017–2025 (Units)
Table 17 3–<11 kW: Market, By Region, 2017–2025 (USD Thousand)
Table 18 11–50 kW: Market, By Region, 2017–2025 (Units)
Table 19 11–50 kW: Market, By Region, 2017–2025 (USD Thousand)
Table 20 >50 kW: Market, By Region, 2017–2025 (Units)
Table 21 >50 kW: Market, By Region, 2017–2025 (USD Thousand)
Table 22 Wireless EV Charging Market, By Market Type, 2017–2025 (Units)
Table 23 Market, By Market Type, 2017–2025 (USD Thousand)
Table 24 Aftermarket: Cableless EV Charging Market, By Region, 2017–2025 (Units)
Table 25 Aftermarket: Market, By Region, 2017–2025 (USD Thousand)
Table 26 Oe Market: Cableless EV Charging Market, By Region, 2017–2025 (Units)
Table 27 Oe Market: Market, By Region, 2017–2025 (USD Thousand)
Table 28 Wireless EV Charging Market, By Component, 2017–2025 (Units)
Table 29 Market, By Component, 2017–2025 (USD Thousand)
Table 30 Base Charging Pad: Market, By Region, 2017–2025 (Units)
Table 31 Base Charging Pad: Market, By Region, 2017–2025 (USD Thousand)
Table 32 Power Control Unit: Market, By Region, 2017–2025 (Units)
Table 33 Power Control Unit: Market, By Region, 2017–2025 (USD Thousand)
Table 34 Vehicle Charging Pad: Market, By Region, 2017–2025 (Units)
Table 35 Vehicle Charging Pad: Market, By Region, 2017–2025 (USD Thousand)
Table 36 Wireless EV Charging Market, By Vehicle Type, 2017–2025 (Units)
Table 37 Battery Electric Vehicle: Market, By Region, 2017–2025 (Units)
Table 38 Plug-In Hybrid Electric Vehicle: Market, By Region, 2017–2025 (Units)
Table 39 Wireless EV Charging Market, By Region, 2017–2025 (Units)
Table 40 Market, By Region, 2017–2025 (USD Thousand)
Table 41 Asia Pacific: Cableless EV Charging Market, By Country, 2017–2025 (Units)
Table 42 Asia Pacific: Market, By Country, 2017–2025 (USD Thousand)
Table 43 China: Market, By Application, 2017–2025 (Units)
Table 44 China: Market, By Application, 2017–2025 (USD Thousand)
Table 45 India: Market, By Application, 2017–2025 (Units)
Table 46 India: Market, By Application, 2017–2025 (USD Thousand)
Table 47 Japan: Market, By Application, 2017–2025 (Units)
Table 48 Japan: Market, By Application, 2017–2025 (USD Thousand)
Table 49 South Korea: Market, By Application, 2017–2025 (Units)
Table 50 South Korea: Market, By Application, 2017–2025 (USD Thousand)
Table 51 Rest of Asia Pacific: Market, By Application, 2017–2025 (Units)
Table 52 Rest of Asia Pacific: Market, By Application, 2017–2025 (USD Thousand)
Table 53 Europe: Cableless EV Charging Market, By Country, 2017–2025 (Units)
Table 54 Europe: Market, By Country, 2017–2025 (USD Thousand)
Table 55 France: Market, By Application, 2017–2025 (Units)
Table 56 France: Market, By Application, 2017–2025 (USD Thousand)
Table 57 Germany: Market, By Application, 2017–2025 (Units)
Table 58 Germany: Market, By Application, 2017–2025 (USD Thousand)
Table 59 Italy: Market, By Application, 2017–2025 (Units)
Table 60 Italy: Market, By Application, 2017–2025 (USD Thousand)
Table 61 Netherlands: Market, By Application, 2017–2025 (Units)
Table 62 Netherlands: Market, By Application, 2017–2025 (USD Thousand)
Table 63 Norway: Market, By Application, 2017–2025 (Units)
Table 64 Norway: Market, By Application, 2017–2025 (USD Thousand)
Table 65 UK: Market, By Application, 2017–2025 (Units)
Table 66 UK: Market, By Application, 2017–2025 (USD Thousand)
Table 67 Rest of Europe: Cableless EV Charging Market, By Application, 2017–2025 (Units)
Table 68 Rest of Europe: Market, By Application, 2017–2025 (USD Thousand)
Table 69 North America: Market, By Country, 2017–2025 (Units)
Table 70 North America: Market, By Country, 2017–2025 (USD Thousand)
Table 71 Canada: Market, By Application, 2017–2025 (Units)
Table 72 Canada: Market, By Application, 2017–2025 (USD Thousand)
Table 73 Mexico: Market, By Application, 2017–2025 (Units)
Table 74 Mexico: Market, By Application, 2017–2025 (USD Thousand)
Table 75 US: Market, By Application, 2017–2025 (Units)
Table 76 US: Market, By Application, 2017–2025 (USD Thousand)
Table 77 RoW: Market, By Application, 2017–2025 (Units)
Table 78 RoW: Market, By Application, 2017–2025 (USD Thousand)
Table 79 Brazil: Market, By Application, 2017–2025 (Units)
Table 80 Brazil: Market, By Application, 2017–2025 (USD Thousand)
Table 81 Russia: Market, By Application, 2015–2022 (Units)
Table 82 Russia: Market, By Application, 2015–2022 (USD Thousand)
Table 83 South Africa: Market, By Application, 2015–2022 (Units)
Table 84 South Africa: Market, By Application, 2015–2022 (USD Thousand)

List of Figures
Figure 1 Wireless EV Charging Market: Segmentations Covered
Figure 2 Research Design
Figure 3 Research Methodology Model
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 5 BEV & PHEV Sales Data (2017 vs 2022)
Figure 6 Wireless EV Charging Market, By End Market: Bottom-Up Approach
Figure 7 Wireless Charing Market for Electric Vehicles, By Type: Top-Down Approach
Figure 8 Wireless EV Charging Market, By Region
Figure 9 Market, By Application
Figure 10 Market, By Component
Figure 11 Market, By Power Supply
Figure 12 Market, By Market Type
Figure 13 Rising Consumer Demand for Safety and Convenience to Drive the Cableless EV Charging Market
Figure 14 Asia-Pacific to Hold the Largest Share of the Cableless EV Charging Market in 2020, (Value)
Figure 15 Indian Market for Wireless Charging for Electric Vehicles to Grow at the Highest CAGR During the Forecast Period (Value)
Figure 16 3 - <11 kW Power Supply Range is Expected to Have the Largest Market Size During the Forecast Period, 2017 vs 2025 (Value)
Figure 17 Battery Electric Vehicle is Expected to Lead the Wireless Charging Market During the Forecast Period, 2017 vs 2025 (Volume)
Figure 18 Aftermarket is Expected to Hold the Largest Market Size, 2020 vs 2025 (Value)
Figure 19 Public / Commercial Charging Station to Grow at the Highest CAGR During the Forecast Period, 2020 vs 2025 (Value)
Figure 20 Wireless EV Charging Market, By Application
Figure 21 Market, By Charging Type
Figure 22 Market, By Component
Figure 23 Market, By Vehicle Type
Figure 24 Market, By Market Type
Figure 25 Market, By Power Supply Range
Figure 26 Market, By Region
Figure 27 Market Dynamics
Figure 28 Power Efficiency in Wireless Charging vs Plug-In Charging System
Figure 29 Porter’s Five Forces Analysis
Figure 30 Intensity of Competitive Rivalry is High in Cableless EV Charging Market
Figure 31 High Industry Growth Rate Leads to High Degree of Competition in Cableless EV Charging Market
Figure 32 Low Differentiation of Direct Substitute and Medium Price of Substitute Make Threat of Substitutes Low
Figure 33 Bargaining Power of Buyers is Considered Medium
Figure 34 Bargaining Power of Suppliers is Low
Figure 35 Medium Capital Requirement Makes Threat of New Entrants Medium
Figure 36 Magnetic Dynamic Coupling
Figure 37 Market, By Power Supply Range, 2020 vs 2025
Figure 38 Market, By Market Type, 2020 vs 2025
Figure 39 Market, By Component, 2020 vs 2025
Figure 40 Market, By Vehicle Type, 2020 vs 2025
Figure 41 Market Outlook, By Region, 2020 vs 2025 (USD Million)
Figure 42 Asia Pacific Market Snapshot
Figure 43 Europe: Market, By Country, 2017 vs 2025 (USD Thousand)
Figure 44 North America: Market, By Country, 2020 vs 2025 (Value)
Figure 45 RoW: Market, By Country, 2020 vs 2025 (Value)
Figure 46 Competitive Leadership Mapping: Wireless EV Charging Market, 2017
Figure 47 Continental AG: Company Snapshot
Figure 48 Robert Bosch GmbH: Company Snapshot
Figure 49 Qualcomm, Inc.: Company Snapshot
Figure 50 Toyota Motor Corporation: Company Snapshot
Figure 51 Bombardier, Inc.: Company Snapshot
Figure 52 Hella KGaA Hueck & Co.: Company Snapshot
Figure 53 Toshiba Corporation: Company Snapshot
Figure 54 ZTE Corporation: Company Snapshot

Note: Product cover images may vary from those shown
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  • Continental AG
  • Robert Bosch GmbH
  • Qualcomm, Inc.
  • Toyota Motor Corporation
  • Bombardier Inc.
  • WiTricity corporation
  • Hella KGaA Hueck & Co.
  • Evatran Group
  • Toshiba Corporation
  • ZTE Corporation
  • ELIX Wireless
  • HEVO Power
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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