Electric Vehicles Market by Vehicle Type (Passenger Vehicles, LCVs, HCVs, Two-wheelers, e-Scooters & Bikes), Propulsion Type (BEV, FCEV, PHEV, HEV), End Use (Private, Commercial, Industrial), Power Output, Charging Standard, and Geography.”
wireless electric vehicle (EV) charging systems market is expected to grow at a CAGR of 53.1% from2020 to 2027 to reach $827.03 million by 2027.
The successful convergence of new technologies will require electric vehicles (EVs) that are low cost and fully autonomous. These attributes can be realized through wireless charging.

Supportive government policies and regulations to drive the demand for electric vehicles
Governments worldwide are increasingly investing in electric mobility. The increasing government regulations to phase out fossil fuel-powered vehicles, government investments for improving public EV charging infrastructure, and initiatives in the form of subsidies & tax rebates for adopting EVs are expected to support this market growth. Governments are investing in charging infrastructures either through direct investments for public charging stations or by providing subsidies for private charging stations at homes and workplaces.

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Electric vehicle wireless charging market is one of the most efficient, convenient and easy-to-use charging technology for charging electric vehicles. This is a power feature that makes the electric vehicle more convenient and more futuristic without need for plug-in cables or adaptors. Wireless power transfer (WPT) using magnetic resonance is a rapidly developing technology that can overcome the issue of wiring process while charging the vehicle and in addition, the kilowatts power level (WPT) enables to increase the transfer distance from several millimeters to several hundred millimeters with a grid to load efficiency above 90%.

Rising Demand for Electric Vehicle (EV) Fast-charging Infrastructure
The growing adoption of electric vehicles due to their efficiency and eco-friendly nature has driven the demand for fast-charging infrastructure in recent years. Electric vehicles are expected to be utilized for city commutes as well as for long-distance traveling.

Based on type, the wireless electric vehicle (EV) charging systems market is mainly segmented into static wireless EV charging systems and dynamic wireless EV charging systems. The static wireless EV charging systems segment accounted for the largest share of the wireless electric vehicle (EV) charging systems market in 2020

Based on component, the wireless (EV) charging systems market is segmented into base pads, battery management systems, vehicle pads, and power control units. The base pads segment accounted for the largest share of the wireless electric vehicle (EV) charging systems market in 2020. The large share of this segment is majorly attributed to increasing deployments of wireless EV charging systems in public places and across industries to wirelessly charge taxis, buses, and industrial vehicles; the standardization of wireless charging pads for allowing interoperability; and the presence of a large number of use cases and pilot projects supporting the adoption of static wireless EV charging systems that use designated base pads for power transmission.


Based on technology, the wireless electric vehicle (EV) charging systems market is segmented into resonant inductive wireless EV charging systems, permanent magnet gear wireless EV charging systems, capacitive wireless EV charging systems, and inductive wireless EV charging systems. The resonant inductive wireless EV charging systems segment accounted for the largest share of the wireless electric vehicle (EV) charging systems market in 2020. The large share of this segment is attributed to the rising sales of electric vehicles, the increasing implementation of pilot projects for resonant inductive power transfer technology, and the leading automotive OEMs’ growing integration of resonant inductive power transfer technology into their vehicles.

Based on power supply, the wireless electric vehicle (EV) charging systems market is segmented into less than 11 kW, more than 50 kW, and 11 kW to 50 kW. The less than 11 kW segment accounted for the largest share of the wireless electric vehicle (EV) charging systems market in 2020.

Based on application, the wireless electric vehicle (EV) charging systems market is segmented into commercial wireless EV charging systems and residential wireless EV charging systems. The commercial wireless EV charging systems segment accounted for the largest share of the wireless electric vehicle (EV) charging systems market in 2020. The major factor supporting the large share of this segment is the rising adoption of electric buses and taxis across North America, Europe, and Asia-Pacific.

Based on propulsion type, the wireless electric vehicle (EV) charging systems market is segmented into battery electric vehicles and plug-in hybrid electric vehicles. The battery electric vehicles segment accounted for the largest share of the wireless electric vehicle (EV) charging systems market in 2020.

Based on end user, the wireless electric vehicle (EV) charging systems market is segmented into light commercial vehicles, heavy commercial vehicles, passenger vehicles, and mopeds & scooters. The light commercial vehicles segment accounted for the largest share of the wireless electric vehicle (EV) charging systems market in 2020.

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the wireless charging for electric vehicle market on the basis of charging station, charging type, installation, propulsion, component, vehicle, power supply, and region.

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