Top Wireless Charging Companies

The global wireless charging market for electric vehicles is projected to grow from USD 0.09 billion in 2025 to USD 1.12 billion by 2032 at a CAGR of 43.8%. As electric vehicle adoption accelerates alongside the development of intelligent mobility infrastructure, wireless charging is emerging as a viable and future-ready approach to electric power delivery. Using inductive power transfer, wireless charging eliminates the need for physical connectors, offering a more convenient charging experience. This helps address several challenges of traditional plug-in systems, especially in high-traffic or commercial settings. With the SAE J2954 standards, companies must develop and adopt wireless charging technology that is compatible with each other. As EV adoption grows and cities invest in connected infrastructure, wireless charging is expected to play a key role in supporting efficient and scalable electric mobility.

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The wireless charging market for electric vehicles is primarily dominated by globally recognized players, such as WiTricity Corporation (US), InductEV Inc. (US), ENRX (Norway), Plugless Power Inc. (US), and HEVO Inc. (US). These companies offer a range of products and solutions, backed by substantial investments in R&D to innovate and expand their product offerings.

WiTricity Corporation is headquartered in Massachusetts, US. The company provides wireless power transfer using magnetic resonance. This magnetic resonator delivers high efficiency while operating over a wide range of conditions. WiTricity’s wireless charging solution for electric vehicles is available for several carmakers, charging infrastructure suppliers, Tier 1 suppliers, and individual car owners. Companies such as Siemens, Toyota, TDK, MAHLE, Aptiv, Wiferion, Anjie Wireless, and InductEV, among others, have licensed WiTricity’s technology. This licensing makes it easier for these companies to incorporate WiTricity’s patented wireless power technology into their respective products and solutions. In May 2024, the company partnered with ICON EV and launched wirelessly charged electric golf carts equipped with WiTricity’s Halo receiver.

InductEV Inc. develops high-power inductive charging technologies for the automotive and transportation industries. The company specializes in high-power wireless charging for electric vehicles, EV and PHEV charging equipment, and inductive power systems. InductEV's wireless charging technology was developed to meet the needs of current and future generations of electrically powered vehicles. In March 2025, InductEV partnered with ENC to provide wirelessly charged next-gen battery-electric bus availability across North America.

Other companies such as ENRX and Hevo Inc. are also actively developing advanced technologies and expanding their global presence. ENRX provides solutions for induction heating, wireless charging, and contactless power supply. In March 2025, ENRX launched ENRMOVE, a wireless charging system that keeps intra-logistics vehicles constantly powered. HEVO Inc. provides wireless charging networks for EVs and is focusing on building global wireless charging standards for EVs. In September 2023, HEVO launched the Rezonant E8, highlighting its 8-kilowatt wireless and plug-in charging capability, robust safety features, and compliance with UL 2750 and SAE J2954 standards.

Market Ranking

The wireless charging market for electric vehicles is dominated by global players such as WiTricity Corporation (US), InductEV (US), Electreon (Israel), Plugless Power Inc. (US), and HEVO Inc. (US). These companies have a strong distribution network at the global level and offer a wide range of products in this market.

Related Reports:

Wireless Charging Market for Electric Vehicles by Charging System (Inductive and Magnetic Power Transfer), Propulsion, Charging Type (Stationary and Dynamic Wireless Charger), Component, Power Supply, and Vehicle Type - Global Forecast to 2032

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