Wireless EV Charging Market Size - By Charging Type, By Propulsion Type, By End Use, Forecast, 2025 - 2034

Wireless EV Charging Market Size

The global wireless EV charging market size was valued at USD 30.3 million in 2024 and is estimated to grow at a CAGR of 53.5% from 2025 to 2034. Rising electrification of transport fleets will influence the wireless EV charging industry expansion. Demand for low-maintenance, hands-free charging systems are driving product interest. Industry collaborations are accelerating the development of interoperable solutions, fostering product deployment across urban mobility networks.

The integration of dynamic wireless charging for commercial transport applications is poised to augment product adoption. In March 2023, Electreon partnered with the Michigan Department of Transportation to install the first wireless EV charging road segment in the U.S., with deployment of a 1-mile stretch in Detroit, enabling in-motion charging for electric buses and vans. Additionally, the move will contribute to market growth by targeting logistics and transit use cases.
 

Rising adoption of electric vehicles across developed and developing regions will contribute to the wireless EV charging market expansion. The growing focus on convenient, cable-free charging solutions, especially in urban areas, is expected to influence product demand. Additionally, increasing alignment of OEMs, infrastructure developers, and utilities toward wireless technology integration in public and private spaces will complement the industry growth.
 

Technological innovations aimed at improving charging efficiency and system scalability will influence product development. In September 2023, WiTricity launched its new Halo wireless EV charging system, delivering 11kW charging power, matching typical Level2 AC chargers, with real-world efficiencies exceeding 90%. Tests on the Ford Mustang MachE demonstrated range additions of 35–40 miles per hour, reflecting nearly 95% efficiency. Moreover, advancements in system performance and compatibility will further foster market growth.
 

Ongoing development of smart mobility infrastructure and integration of autonomous vehicle charging technologies will augment the charging product market. Advancements in inductive charging, combined with a growing need for automated and efficient solutions, are anticipated to foster product deployment. Increasing urban congestion and demand for hands-free operations will further support the market growth.
 

Wireless EV Charging Market Trends

• International standardization efforts for wireless charging protocols will influence global adoption and interoperability of EV charging systems. In August 2024, SAE International published the SAEJ2954 standard for wireless power transfer up to 11kW, setting unified guidelines for automakers and infrastructure developers to enable safe and efficient inductive charging. Additionally, such frameworks will ensure cross-platform compatibility and stimulate long-term market expansion.
   
• Increasing focus on vehicle autonomy and seamless user experience will contribute to the integration of wireless EV charging systems. Hands-free charging is becoming a key enabler for autonomous electric mobility, minimizing human intervention and enhancing efficiency. As automotive manufacturers accelerate autonomous vehicle programs, the need for automated, embedded charging solutions will further influence the adoption of wireless systems.
   
• The increasing collaboration between automotive OEMs and wireless technology developers will foster wireless EV charging adoption. In February 2023, Stellantis and HEVO collaborated to integrate Level2 wireless charging into Stellantis vehicles, starting with the Chrysler Pacifica PHEV at the Auburn Hills facility in Michigan. HEVO’s Rezonant E8 system delivers up to 8kW inductive power with 95% lab-tested efficiency. Moreover, these strategic alignments will contribute to vehicle interoperability and support market growth.
   
• Ongoing urban infrastructure modernization and emphasis on smart city development will complement the product deployment. Integration of inductive charging into parking structures, public roads, and commercial hubs aligns with the push for clean, connected mobility. As municipalities adopt intelligent transportation systems, the need for flexible, low-maintenance charging solutions will grow, stimulating product penetration and driving long-term market growth.
   

Wireless EV Charging Market Analysis

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• The wireless EV charging market was valued at USD 14.3 million, USD 20.7 million, and USD 30.3 million in 2022, 2023, and 2024, respectively. Based on end use, the market is segmented into commercial and residential categories.
   
• The commercial segment will grow at 53.1% CAGR from 2025 to 2034, fueled by the deployment of wireless charging in public transport corridors and logistics routes. In June 2023,Electreon won Norway’s first public electric road tender, launching a dynamic wireless charging project enabling buses outfitted with 120kW coils to receive 65kW on average over embedded road segments. Additionally, expanding use of in-road inductive systems for fleet and transit will augment segment strength.
   
• The residential segment is expected to be valued at over USD 314.5 million by 2034, due to the increasing demand for convenient and user-friendly home charging solutions. Growing EV ownership among urban households and the preference for seamless, cable-free charging will influence product deployment. Integration of wireless systems into smart homes and personal garages will further complement the segment expansion.
   

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• Based on charging type, the wireless EV charging market is segmented into dynamic wireless charging systems and stationary wireless charging systems.
   
• The dynamic wireless charging systems segment will grow at 56.4% CAGR from 2025 to 2034, driven by the rising focus on continuous, high-power charging for electric logistics and highway applications. In May 2023, ENRX, CFX, ASPIRE, and Oldcastle launched a 1.2km dynamic charging test track in Orlando, delivering up to 200kW of wireless power to moving vehicles. Additionally, increasing efforts to enable real-time charging for long-haul and urban delivery fleets will influence infrastructure investments.
   
• The stationary wireless charging systems segment held a market share of 95.1% in 2024, owing to increasing demand for user-friendly and space-efficient charging solutions. The growing integration of wireless systems into residential garages, commercial parking lots, and fleet depots will influence segment adoption. As automakers and charging providers prioritize fixed-location infrastructure for personal and shared mobility, the deployment of plug-free charging pads will continue to complement segment expansion.
   

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• The U.S. wireless EV charging market was valued at USD 500 thousand, USD 800 thousand, and USD 1.2 million in 2022, 2023, and 2024, respectively. The North American industry held a market share of 4% in 2024.
   
• Growing federal support for grid-vehicle integration and charging infrastructure will contribute to U.S leadership in wireless EV charging innovation. In January 2025, the U.S. DOE published the VehiclestoGrid Integration Assessment Report, outlining a 10-year roadmap to enhance dynamic wireless charging R&D and grid services integration. Moreover, this initiative will stimulate the deployment of wireless systems in transit and fleet networks, supporting market expansion.
   
• The European market will expand at 54.1% between 2025 to 2034 as governments drive electrified road infrastructure projects across major economies. In November 2022, Electreon was selected as part of Germany’s E|MPOWER pilot, funded under the ElektroMobil program, to deploy a 1km wireless Electric Road System (ERS) along the Bavarian Autobahn. Additionally, the expansion of wireless ERS to enable long-distance dynamic charging for logistics and transit applications will augment market expansion.
   
• The Asia Pacific market is estimated to be valued at more than USD 1,298.5 million by 2034, due to the increasing integration of wireless charging into national electrification strategies. Governments across the region are promoting advanced EV infrastructure to support energy security and reduce urban emissions. As cities focus on cleaner mobility and long-term sustainability goals, the adoption of wireless charging systems will continue to gain momentum across public and commercial spaces.
   

Wireless EV Charging Market Share

• The top 3 players, including WiTricity Corporation, Siemens, and ZTE Corporation, hold about 37.9% market share in the wireless EV charging industry. These companies maintain their leadership through technology licensing partnerships, early-stage OEM collaborations, and pilot deployments across major urban centers. Their strategies also include compliance with SAE and UL wireless charging standards, investment in high-efficiency coil designs, and focus on fleet-level integration to expand commercial applications.
   
• Leading players in the industry are emphasizing scalability of wireless charging platforms and alignment with vehicle-to-grid (V2G) capabilities. These firms are also entering MoUs with national transportation agencies and smart city developers to support fixed-route transit projects and EV infrastructure rollouts, contributing to greater regional market penetration.
   
• Top companies in the market are focusing on modular product architectures, production cost optimization through standardized components, and interoperability with multiple vehicle platforms. Their approach includes co-developing retrofitting kits with automakers, forming long-term public-private partnerships, and reinforcing IP portfolios to sustain their competitive positioning in the wireless EV charging landscape.
   

Wireless EV Charging Market Companies

Eminent players operating in the wireless EV charging industry are:

• Continental
• Electreon
• Elix Wireless
• ENRX
• Evatran Group
• HEVO
• InductEV
• Lumen Australia
• Momentum Dynamics
• Plugless Power
• Qualcomm
• Siemens
• Toshiba Corporation
• Wave Charging
• Wiferion
• WiTricity Corporation
• ZTE Corporation

• Toshiba is one of the notable players in the wireless EV charging industry in 2024, and it reported a total revenue of USD24.2billion. The company is advancing wireless power transfer technologies focused on improving efficiency and misalignment tolerance. Toshiba continues to explore partnerships and innovation in compact, high-frequency systems aimed at supporting next-generation EV platforms and infrastructure growth.
   
• Siemens is a prominent player in the wireless EV charging market in 2024, reporting total revenue of USD87.9billion. The company has invested in wireless EV charging by acquiring a minority stake in WiTricity and securing a licensing partnership for its magnetic resonance technology. Siemens is focused on developing interoperable, open-standard charging systems aimed at supporting widespread infrastructure growth.
   

Wireless EV Charging Industry News

• In May 2025, India introduced an indigenous 1.5kW wireless EV charger capable of replenishing 90% of a 4.8kWh battery in just three hours using standard 230V AC supply and achieving 89.4% efficiency through SiC MOSFET technology. This initiative, developed by CDAC and VNIT Nagpur under MeitY’s NaMPET mission, marks a significant step toward local EV charging infrastructure self-reliance.
   
• In June 2022, Siemens invested USD25million to acquire a minority stake in U.S.-based WiTricity, aiming to accelerate wireless EV charging innovation. The partnership focuses on licensing WiTricity’s magnetic resonance technology and promoting open, interoperable charging standards across passenger and light-duty commercial vehicles. This strategic move is expected to advance public wireless infrastructure deployment and support market penetration.
   

The wireless EV charging market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in “USD Million” from 2021 to 2034, for the following segments:

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Market, By End Use

• Commercial
• Residential

Market, By Charging Type

• Dynamic wireless charging systems
• Stationary wireless charging systems

Market, By Propulsion Type

• Battery EV
• Plug-in hybrid EV

The above information has been provided for the following regions and countries:

• North America
  • U.S
  • Canada
• Europe
  • Norway
  • Germany
  • France
  • UK
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
• Rest of World