Global Market Size, Forecast, and Trend Highlights Over 2025-2037
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. In the year 2025, the industry size of EV wireless charging is estimated at USD 169.63 million.
The growth of the market can be attributed to factors such as the increasing sales of electric vehicles, growing investments in the development of wireless electric vehicle charging technology, stringent rules regarding fuel emissions and the rising demand for wireless charging stations. It is evaluated that more than 2 million electric cars were sold worldwide in 2019. Moreover, high emphasis on building charging stations in commercial buildings and shopping centers in the recent years along with escalating interest of leading car manufacturers to invest more in wireless car alternatives are anticipated to provide abundant growth opportunities to the market in the coming years.
