Electric Vehicle Wireless Charging Market Share, Size, Forecast 2030

The global electric vehicle wireless charging market size was valued at $18 million in 2021 and is expected to reach $219 million in 2030 at a CAGR of 41% from 2021 to 2030. The idea of wireless charging for electric vehicles is based on the inductive coupling theory, in which energy is transferred through an electric device and used to charge batteries. This technique requires a charging base station where two objects may transfer energy in order for it to work.