Wireless Charging and Autonomous Capabilities Represent Marketable Features for the High-end Luxury EV Segment
10-Aug-2022
North America
Market Research
PCFA-01-00-00-00
AU02381-NA-MT_26787
2021 has been a strong year for electric vehicle (EV) sales, with 6.8 million units sold and 9.5% global market penetration, outperforming industry expectations. Despite the impact of chip shortages on production, the industry exceeded 100% YoY growth. Conductive (wired) charging infrastructure grew to more than 500,000 charge points in 2021. The top 5 countries (excluding China) were the US, the Netherlands, France, Germany, and the UK. These include AC/DC, public, and private charge points. As of 2022, the wireless or inductive EV charging market is still in a nascent phase because of a lack of global standards, safety regulations, and established business models. Conductive charging infrastructure is also underdeveloped. Hence, the most likely adopters of wireless EV charging will be premium/luxury EV manufacturers offering it as an add-on feature and the commercial mobility sector. About 90% of wireless charging will be stationary as dynamic (under-road) WEVC requires large-scale investment and an infrastructure overhaul. Of the stationary wireless chargers, 80% will be in private locations, while 20% will be available to the public. They will likely use charging pads rather than underground WPT devices.
Hyundai-Kia’s premium sub-brand Genesis is launching its all-new EV called GV60, built on the E-GMP pure electric platform. The GV60 will offer factory-installed WEVC as an optional feature. The WEVC system on the Genesis GV60 will be based on Witricity’s wireless charging technology, which is also J2954-compliant. This is a potential business model for WEVC penetration, particularly into the premium EV market and possibly mass-market EVs, as Witricity endeavors to drive down costs.
Author: Prajyot Sathe
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Wireless Electric Vehicle Charging (WEVC) Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Electric Vehicles Sold in the Last Decade
Global EV Market, 2021 and 2022E
EV Growth and Penetration—Major Countries
EV Growth and Penetration—Leading OEMs
Commercial EV Market Overview—Battery EVs (BEVs)
EV Charging Infrastructure Development
Summary of Potential EV Charging Models
Wireless EV Charging Systems and Methods
Wireless EV Charging Systems and Methods (continued)
Overview of Different Wireless EV Charging Methods
SAE J2954
Key EV Market Trends
Key EV Market Trends (continued)
Wireless Charging For Commercial EVs
OEM Overview—Premium and Luxury EV
OEM Overview—Premium and Luxury EVs (continued)
Market Developments For WEVC
Technology Roadmap
Comparative Analysis
Adoption of Different Types of Business Models
Strategic Locations
Market Estimates in Unit Sales/Installed
Estimated Market Size by Revenue
Growth Drivers
Growth Restraints
WiTricity
Plugless Power
Momentum Dynamics
Momentum Dynamics’ Wireless Charging EV Taxi Project
Electreon
Electreon Projects
Electreon Projects (continued)
Magment (High Disruptive Potential)
Growth Opportunity 1—Standardized Aftermarket Solutions to Promote WEVC
Growth Opportunity 1—Standardized Aftermarket Solutions to Promote WEVC (continued)
Growth Opportunity 2—IP Licensing Business Model for Faster Time to Market
Growth Opportunity 2—IP Licensing Business Model for Faster Time to Market (continued)
Growth Opportunity 3—Electric Road Systems to Provide a New Market for Construction Companies and Utilities
Growth Opportunity 3—Electric Road Systems to Provide a New Market for Construction Companies and Utilities (continued)
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
- Electric Vehicles: Historic XEV Sales, Global, 2011 2022e
- Electric Vehicles: Market Split, Global, 2021 and 2022e
- Electric Vehicles: Market Share, Selected Countries, 2021 and 2022e
- Electric Vehicles: Sales by Top 10 Models, Global, 2021
- Electric Vehicles: Growth and Penetration of Selected Countries, Global, 2020 2022e
- Electric Vehicles: Growth and Penetration of Leading OEMs, Global, 2020 2022e
- Wireless EV Charging: Commercial BEVs and Wireless Charging, Global, 2021
- BEV Light Commercial Vehicle (LCV) Sales, Global, 2021
- Electric Vehicles: Charging Infrastructure Developments in Leading Countries, Global, 2021
- Wireless EV Charging Market: Comparative Rating, Global, 2021
- Wireless EV Charging: Product Segmentation, Global, 2021
- Wireless EV Charging: Comparison of Wireless Power Transfer (WPT) Systems, Global, 2022
- Wireless EV Charging: Comparison of Wireless Power Transfer Systems, Global, 2022
- Wireless EV Charging: WEVC Standards, Global, 2022
- Wireless EV Charging: Key EV Market Trends, Global, 2022
- Wireless EV Charging: Premium OEMs and Wireless Charging, Global, 2021
- Wireless EV Charging: Premium OEMs and Wireless Charging, Global, 2021
- Wireless EV Charging: Market Development, Global, 2021
- Wireless EV Charging: Market Roadmap, Global, 2021 2030
- Wireless EV Charging: Comparative Technology Analysis, Global, 2021
- Wireless EV Charging: Business Model, Global, 2012
- Wireless EV Charging: Strategic Locations for Installation, Global, 2021, 2025 and 2030
- Wireless EV Charging: Market Estimates in Sales, Global, 2022 2030
- Wireless EV Charging: Revenue Estimates in Sales, Global, 2022 2030
- Wireless EV Charging: Growth Drivers, Global, 2022 2030
- Wireless EV Charging: Growth Restraints, Global, 2022 2030
- Wireless EV Charging: Witricity Profile, Global, 2022
- Wireless EV Charging: Plugless Power Profile, Global, 2022
- Wireless EV Charging: Momentum Dynamics Profile, Global, 2022
- Wireless EV Charging:Electreon Profile, Global, 2022
- Wireless EV Charging:Electreon Projects, Global, 2022
- Wireless EV Charging:Electreon Projects, Global, 2022
- Wireless EV Charging: Magment Profile, Global, 2022
Speak directly with our analytics experts for tailored recommendations.
Recent related Automotive research
06 Oct 2026 | Asia Pacific | Market Research
Aftermarket Replacement Turbochargers in Medium- Duty and Heavy-Duty Commercial Vehicles, China, 2026–2032
China's medium- and heavy-duty truck turbocharger aftermarket is entering a mature yet resilient phase, supported by a vehicle parc exceeding 10 million units and sustained replacement demand despite increasing battery electric vehicle (BEV) sales. While turbocharger penetration is nearing saturatio...
25 Sep 2026 | Global | Technology Research
Growth Opportunities in Next-Gen Wireless EV charging, Automotive Grade IoT module, Autonomous driving, E-bike Platform, UAVs, and 4D Radars
The Mobility Technology Opportunity Engine (TOE) covers innovations pertaining to EV charging, Automotive Grade IoT module, Autonomous driving, E-bike Platform, UAVs, and 4D Radars.The purpose of the Mobility Technology TOE is to raise awareness of global technology innovations in self-propelled gro...
22 Sep 2026 | Global | Market Research
Growth Opportunities in the Global EV Power Electronics Market, 2025–2032
The rapid push toward e-mobility is accelerating adoption of advanced power electronics by major OEMs. Power electronics underpin electric vehicle reliability, efficiency, and performance. Core systems, including traction inverters, onboard chargers, and DC-DC converters, are gaining strategic impor...
16 Sep 2026 | North America | Customer Research
US Automotive Technicians’ Choice Survey, 2025
The 2025 US Automotive Technicians’ Choice study is an insightful voice-of-customer survey that highlights the tool preferences of automotive aftermarket service technicians. The survey of 400 automotive technicians across the United States used a combination of computer-assisted telephone and compu...
10 Sep 2026 | Global | Market Research
Global Robobus Market, 2026–2032
The global robobus market is at an inflection point. Large autonomous buses are no longer a concept—they are running as paid public services in China, South Korea, Norway, Switzerland, Finland, and the Netherlands. Europe is in its first wave of real deployment, with active L4 commercial service acr...
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Market Research |
|---|---|
| Author | Prajyot Sathe |
| Industries | Automotive |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | wireless ev charging |
| Keyword 2 | wireless charging for electric vehicles |
| Keyword 3 | ev charging |
| List of Charts and Figures | Electric Vehicles: Historic XEV Sales, Global, 2011 2022e~ Electric Vehicles: Market Split, Global, 2021 and 2022e~ Electric Vehicles: Market Share, Selected Countries, 2021 and 2022e~ Electric Vehicles: Sales by Top 10 Models, Global, 2021~ Electric Vehicles: Growth and Penetration of Selected Countries, Global, 2020 2022e~ Electric Vehicles: Growth and Penetration of Leading OEMs, Global, 2020 2022e~ Wireless EV Charging: Commercial BEVs and Wireless Charging, Global, 2021~ BEV Light Commercial Vehicle (LCV) Sales, Global, 2021~ Electric Vehicles: Charging Infrastructure Developments in Leading Countries, Global, 2021~ Wireless EV Charging Market: Comparative Rating, Global, 2021~ Wireless EV Charging: Product Segmentation, Global, 2021~ Wireless EV Charging: Comparison of Wireless Power Transfer (WPT) Systems, Global, 2022~ Wireless EV Charging: Comparison of Wireless Power Transfer Systems, Global, 2022~ Wireless EV Charging: WEVC Standards, Global, 2022~ Wireless EV Charging: Key EV Market Trends, Global, 2022~ Wireless EV Charging: Premium OEMs and Wireless Charging, Global, 2021~ Wireless EV Charging: Premium OEMs and Wireless Charging, Global, 2021~ Wireless EV Charging: Market Development, Global, 2021~ Wireless EV Charging: Market Roadmap, Global, 2021 2030~ Wireless EV Charging: Comparative Technology Analysis, Global, 2021~ Wireless EV Charging: Business Model, Global, 2012~ Wireless EV Charging: Strategic Locations for Installation, Global, 2021, 2025 and 2030~ Wireless EV Charging: Market Estimates in Sales, Global, 2022 2030~ Wireless EV Charging: Revenue Estimates in Sales, Global, 2022 2030~ Wireless EV Charging: Growth Drivers, Global, 2022 2030~ Wireless EV Charging: Growth Restraints, Global, 2022 2030~ Wireless EV Charging: Witricity Profile, Global, 2022~ Wireless EV Charging: Plugless Power Profile, Global, 2022~ Wireless EV Charging: Momentum Dynamics Profile, Global, 2022~ Wireless EV Charging:Electreon Profile, Global, 2022~ Wireless EV Charging:Electreon Projects, Global, 2022~ Wireless EV Charging:Electreon Projects, Global, 2022~ Wireless EV Charging: Magment Profile, Global, 2022~ |
| Podcast | No |
| WIP Number | PCFA-01-00-00-00 |
Global Wireless EV Charging Growth Opportunities
$2,450.00
Special Price $1,837.50 save 25 %