According to Next Move Strategy Consulting, the global wireless electric vehicle (EV) charging market is expected to reach some 568 billion U.S. dollars by 2030. Evatran and Witricity are among the market leaders in this field.
Recharging the future
Charging electric vehicles with electric vehicle chargers has been a drawback to the practicality of owning an electric car as it takes a long time, even for rapid plug-in charging stations. Wireless recharging is not faster, but it may be more accessible. Inductive chargers use electromagnetic oscillations to efficiently produce electric current that recharges a battery, without the need to plug in any wires. Wireless charging parking bays could immediately begin charging a vehicle as soon as it is positioned above a wireless charging pad.
Size of the global wireless electric vehicle (EV) charging market in 2022, with a forecast through 2030
(in million U.S. dollars)
Characteristic
Market size in million U.S. dollars
2030*
567.67
2029*
383.89
2028*
261.19
2027*
177.12
2026*
117.78
2025*
75.23
2024*
45.65
2023*
25.74
2022
13.09
0100200300400500600700
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Next Move Strategy Consulting. (August 24, 2023). Size of the global wireless electric vehicle (EV) charging market in 2022, with a forecast through 2030 (in million U.S. dollars) [Graph]. In Statista. Retrieved March 14, 2025, from https://www.statista.com/statistics/974702/global-wireless-ev-charging-market-size/
Next Move Strategy Consulting. "Size of the global wireless electric vehicle (EV) charging market in 2022, with a forecast through 2030 (in million U.S. dollars)." Chart. August 24, 2023. Statista. Accessed March 14, 2025. https://www.statista.com/statistics/974702/global-wireless-ev-charging-market-size/
Next Move Strategy Consulting. (2023). Size of the global wireless electric vehicle (EV) charging market in 2022, with a forecast through 2030 (in million U.S. dollars). Statista. Statista Inc.. Accessed: March 14, 2025. https://www.statista.com/statistics/974702/global-wireless-ev-charging-market-size/
Next Move Strategy Consulting. "Size of The Global Wireless Electric Vehicle (Ev) Charging Market in 2022, with a Forecast through 2030 (in Million U.S. Dollars)." Statista, Statista Inc., 24 Aug 2023, https://www.statista.com/statistics/974702/global-wireless-ev-charging-market-size/
Next Move Strategy Consulting, Size of the global wireless electric vehicle (EV) charging market in 2022, with a forecast through 2030 (in million U.S. dollars) Statista, https://www.statista.com/statistics/974702/global-wireless-ev-charging-market-size/ (last visited March 14, 2025)
Size of the global wireless electric vehicle (EV) charging market in 2022, with a forecast through 2030 (in million U.S. dollars) [Graph], Next Move Strategy Consulting, August 24, 2023. [Online]. Available: https://www.statista.com/statistics/974702/global-wireless-ev-charging-market-size/
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