0
0
IRELAND, 30 June 2023: The global wireless electric vehicle charging systems market is projected to reach USD 2.5bn by 2030, at a CAGR of 50.1% during the forecast period 2023-2030.
The growth of the market is driven by the increasing demand for electric vehicle fast-charging infrastructure for fleet operations, the increasing implementation of wireless charging infrastructure in European countries, and the increasing prevalence of range anxiety. However, the high cost of implementing wireless charging infrastructure restrains the growth of this market.
The standardization of wireless electric vehicle charging systems and the growing use of autonomous vehicles in public transport and logistics are expected to create opportunities for the growth of this market. However, insufficient funding is a challenge to the growth of the overall market.
Key Findings of the Report
- The static segment is expected to account for the largest share of the market in 2023 and is also projected to record the highest CAGR during the forecast period.
- The base pads segment is expected to account for the largest share of the market in 2023, but the vehicle pads segment is projected to record the highest CAGR during the forecast period.
- The inductive wireless EV charging systems segment is expected to account for the largest share of the market in 2023, but the capacitive wireless EV charging systems segment is projected to record the highest CAGR during the forecast period.
- The 11 kW to 50 kW segment is expected to account for the largest share of the market in 2023, but the less than 11 kW segment is projected to record the highest CAGR during the forecast period.
- The commercial wireless electric vehicle charging systems segment is expected to account for the largest share of the market in 2023, but the residential wireless electric vehicle charging systems segment is projected to record the highest CAGR during the forecast period.
- The battery electric vehicles segment is expected to account for the largest share of the market in 2023, but the plug-in hybrid electric vehicles segment is projected to record the highest CAGR during the forecast period.
- The passenger vehicles segment is expected to account for the largest share of the market in 2023, but the electric two-wheelers segment is projected to record the highest CAGR during the forecast period.
- Europe is expected to account for the largest share of the market in 2023.
Key Players in the Market
- Witricity Corporation (US)
- Mojo Mobility Inc (US)
- HEVO Inc (US)
- WAVE LLC (US)
- Continental AG (Germany)
- DAIHEN Corporation (Japan)
- Toshiba Corporation (Japan)
- ZTE Corporation (China)
- ElectReon Wireless Ltd (Israel)
- Conductix-Wampfler GmbH (Germany)
- Integrated Infrastructure Solutions GmbH (Germany)
- Plugless Power LLC (US)
- TGOOD Global Ltd (China)
- InductEV Inc (US)
- Lumen Pty Ltd (Australia)
