Market Overview
The Europe electric vehicle wireless charging market size reached USD 32.72 Million in 2024 and is projected to reach USD 601.76 Million by 2033, growing at a CAGR of 38.20% during the forecast period of 2025-2033. This growth is driven by government incentives for EV adoption, advancements in wireless charging technologies, and growing investments in smart infrastructure to support sustainable urban mobility. Increasing demand for convenient and efficient charging solutions continues to positively impact the market.
Study Assumption Years
- Base Year: 2024
- Historical Year/Period: 2019-2024
- Forecast Year/Period: 2025-2033
Europe Electric Vehicle Wireless Charging Market Key Takeaways
- Current Market Size: USD 32.72 Million (2024)
- CAGR: 38.20%
- Forecast Period: 2025-2033
- Rapid growth in EV adoption across Europe accelerates demand for wireless charging solutions.
- Governments in countries such as Germany, France, and the Netherlands enforce emissions standards and provide incentives for EVs.
- Automakers are integrating wireless charging technology in future EV models.
- Strategic collaborations between automakers and technology providers facilitate deployment of wireless charging infrastructure.
- Advances such as a 270-kilowatt wireless power transmission system developed with Volkswagen enable faster, high-power charging.
Sample Request Link: https://www.imarcgroup.com/europe-electric-vehicle-wireless-charging-market/requestsample
Market Growth Factors
Demand for wireless charging is driven mainly by the growth of electric vehicles in general. The International Energy Agency's Global EV Outlook 2024 report states new electric car sales in Europe increased about 20% from 2022 to 2023, for a continental total around 3.2 million cars. The EU saw registrations increase with 2.4 million EVs that registered in 2023 alone because emissions regulations grew stringent, Germany, France and the Netherlands gave financial incentives and EU member states committed themselves to reach carbon neutrality by 2050 and all of that drives demand for adequate EV charging infrastructure.
The advantages of wireless charging over plug-in, such as reducing wear on plugs and avoiding the need for charging cables in vehicles, have begun to be recognized as providing an attractive selling point for consumers and fleet operators, and is being offered by OEMs. The growth in penetration of EVs is expected to stimulate investment in wireless charging infrastructure by the public and private sectors.
Calculated partnerships are also enabling market growth by collaborating mainly with automobile manufacturers, charging technology providers, and energy companies to help develop and commercialize standardized wireless charging systems. Joint ventures can also be used to test interoperability across vehicle models and infrastructure. For example, a 270 kW wireless system has been demonstrated by researchers at the Oak Ridge National Laboratory (ORNL) and Volkswagen Group in August 2024 in a Porsche Taycan with over 95% efficiency and to provide a 50% charge in 10 minutes, despite the severe volume and weight constraints of a light-duty EV.
Market Segmentation
- Component Insights:
- Base Charging Pads: Essential platform pieces enabling the wireless power transfer from the station.
- Power Control Units: Manage power delivery and ensure system stability and safety.
- Vehicle Charging Pads: Installed on vehicles to receive charge wirelessly from base pads.
- Charging Type Insights:
- Dynamic Wireless Charging Systems: Enable charging while the vehicle is in motion.
- Stationary Wireless Charging Systems: Provide charging when vehicles are parked or stationary.
- Propulsion Insights:
- BEVs: Battery Electric Vehicles fully powered by batteries.
- PHEVs: Plug-in Hybrid Electric Vehicles combining battery and fuel engine systems.
- Vehicle Type Insights:
- Commercial Vehicles: Electric vehicles used for commercial purposes.
- Passenger Cars: Electric vehicles designed primarily for personal transportation.
- Power Supply Range Insights:
- Up to 3.7 kW: Lower power range suited for light applications.
- Above 3.7–7.7 kW: Mid-level power delivery range.
- Above 7.7–11 kW: Higher power levels enabling faster charging times.
- Above 11 kW: High power supply for rapid wireless charging.
- Charging System Insights:
- Magnetic Resonance Charging: Charging via magnetic resonance technology.
- Inductive Charging: Transfer of electric power through electromagnetic induction.
- Capacitive Charging: Wireless charging using capacitive power transfer.
- Application Insights:
- Commercial Charging Stations: Stations designed for public or commercial EV charging.
- Home Charging Units: Wireless charging setups installed at residences.
- Country Insights:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Regional Insights
Europe is the dominant market for electric vehicle wireless charging in the report, with increasing EV registrations and supportive government policies driving growth. The market is expected to grow at a CAGR of 38.20% from 2025 to 2033, reaching USD 601.76 Million by 2033. Countries like Germany, France, and the Netherlands are leading due to strict emissions standards and strong incentives boosting EV adoption and wireless charging infrastructure investments.
Recent Developments & News
On November 26, 2024, InductEV (Philadelphia) and ENRX (Norway, Europe) signed a memorandum of understanding to establish technical standards and ensure compatibility across the wireless EV charging ecosystem. Their partnership aims to foster innovation by developing high-power wireless charging solutions and creating an open ecosystem for expanded market access.
On March 23, 2023, WiTricity and BT e-Line announced collaboration to launch aftermarket wireless EV charging systems in Europe. The first deployment includes the Volkswagen ID.4 model, anticipated to be available in early 2024, with plans to extend to models such as Volkswagen ID Buzz, Audi e-Tron GT, and Porsche Taycan.
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Customization Note
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Comments (0)