Story perspectives

Wireless Power Market Soars, Asia-Pacific Leads Growth

1/29/2025

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Summary

Story summary

In 2023, near-field technologies surged in the wireless power transmission market, largely propelled by the booming consumer electronics and electric vehicle sectors. The Asia-Pacific region emerged as a leader, bolstered by robust manufacturing and supportive government policies. Excitingly, the wireless car charging market is set to expand from USD 2.04 billion in 2025 to USD 2.99 billion by 2033, thanks to innovative technologies and significant infrastructure investments.

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Story summary

In 2023, near-field technologies surged in the wireless power transmission market, largely propelled by the booming consumer electronics and electric vehicle sectors. The Asia-Pacific region emerged as a leader, bolstered by robust manufacturing and supportive government policies. Excitingly, the wireless car charging market is set to expand from USD 2.04 billion in 2025 to USD 2.99 billion by 2033, thanks to innovative technologies and significant infrastructure investments.