Wireless Electric Vehicle Charging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Wireless Charging For Electric Vehicle Industry Overview

Some of the major players, like Qualcomm, WiTricity, Momentum Dynamics, Hevo, Primove (Bombardier), Continental, etc., have captured significant shares in the market. These major players focus on partnerships, the launching of new products, and R&D to achieve a higher penetration into the regional markets. For instance,

• In November 2023, Electron, in partnership with the Michigan Department of Transportation, announced the deployment of a wireless-charging public roadway. Using technology from Electreon, Detroit’s 14th Street is now equipped with inductive-charging coils between Marantette and Dalzelle streets that will charge electric vehicles equipped with Electreon receivers as they drive on the road.