Europe Electric Vehicle Wireless Charging Market Forecast by 2033

Market Size in 2024: USD 32.72 Million
Market Forecast in 2033: USD 601.76 Million
Market Growth Rate 2025-2033: 38.20%

The Europe electric vehicle wireless charging market is on the cusp of explosive expansion. From a niche base of just USD 32.72 million in 2024, revenue is projected to surge to USD 601.76 million by 2033, translating into a breathtaking compound annual growth rate of 38.20% over the forecast window. This trajectory reflects a rapid shift from pilot projects to mass deployment as automakers, utilities, and cities align to eliminate plug-in friction and accelerate EV adoption.

GROWTH DRIVERS SHAPING THE EUROPEAN ELECTRIC VEHICLE WIRELESS CHARGING MARKET

EU Green Deal & Zero-Emission Mandates

Brussels has codified climate neutrality by 2050 and tightened the screws on automakers with a 55% CO₂ reduction target for 2030. Regulation (EU) 2023/851 effectively bans new internal-combustion car sales from 2035, while the Alternative Fuels Infrastructure Regulation (AFIR), entering force in 2024, mandates that every 60 km on the TEN-T core network must offer publicly accessible EV recharging by 2025. Member states are translating these obligations into national implementation acts: Germany’s 2023 “Ladeinfrastruktur-Masterplan” earmarks €6.3 billion for novel charging solutions, including inductive pads for taxis and ride-share fleets in Berlin, Munich, and Hamburg. France’s 2024 finance law allows 40% super-deduction on capital invested in wireless charging hardware, accelerating payback to under three years for commercial operators. These statutory levers create a guaranteed demand pipeline, pushing OEMs to integrate 11 kW and 22 kW wireless receivers as standard or face non-compliance penalties.

Utility-Scale Grid Services & Vehicle-to-Grid Revenue

Europe’s utility sector sees wireless charging as a controllable, bi-directional grid asset. Statnett (Norway), TenneT (Netherlands/Germany), and RTE (France) have pooled €180 million under the EU “GRIDino” project launched in 2023 to install 5,000 inductive pads that support two-way power flow. Because wireless systems embed communication protocols by design, they deliver sub-second response times that qualify for frequency-containment reserves currently valued at €35,000 per MW per year by the European Network of Transmission System Operators (ENTSO-E). Oslo’s municipal utility revealed in February 2024 that a 50-vehicle taxi fleet equipped with 11 kW wireless pads generated €1,200 per car per year by selling ancillary services, effectively offsetting 18% of annual lease costs. As more Distribution System Operators (DSOs) roll out dynamic tariffs, fleet operators can stack energy arbitrage, peak-shaving, and capacity payments, turning parked EVs into profitable micro-resources and justifying the higher upfront cost of inductive hardware.

Automaker Standardization & Silicon Road-Map Commitments

The convergence of two ISO standards, IEC 61980 (ground-side) and ISO 15118-20 (vehicle-side), published in late 2022, has unlocked multi-vendor interoperability. BMW, Volvo Cars, and Volkswagen Group announced in March 2024 that all new BEV platforms from 2026 will support 22 kW wireless fast-charge as a factory-fit or dealer-enabled option, projecting a combined volume of 1.8 million vehicles by 2030. Continental AG and Siemens have committed €350 million to scale planar coil production in Dresden and Würzburg, targeting €250 per pad at 500k-unit volumes, an 80% cost reduction from 2023 prototypes. Meanwhile, the EU-funded “WiRoad” project (Horizon Europe, €90 million) is embedding inductive coils into 1,000 km of French, German, and Swedish highways by 2028, allowing dynamic charging at 100 km/h. With automakers guaranteeing compatible vehicles and suppliers guaranteeing sub-€300 hardware, infrastructure investors now have the certainty required for mass rollout, eliminating the chicken-and-egg deadlock that stalled earlier pilots.

To receive the full sample report and detailed data sheet, please click here: https://www.imarcgroup.com/europe-electric-vehicle-wireless-charging-market/requestsample

EUROPE ELECTRIC VEHICLE WIRELESS CHARGING MARKET SEGMENTATION

Component Insights:

Base Charging PadsPower Control UnitsVehicle Charging Pads

Charging Type Insights:

Dynamic Wireless Charging SystemsStationary Wireless Charging Systems

Propulsion Insights:

BEVsPHEVs

Vehicle Type Insights:

Commercial VehiclesPassenger Cars

Power Supply Range Insights:

Up to 3.7 kWAbove 3.7–7.7 kWAbove 7.7–11 kWAbove 11 kW

Charging System Insights:

Magnetic Resonance ChargingInductive ChargingCapacitive Charging

Application Insights:

Commercial Charging StationsHome Charging Units

Country Insights:

GermanyFranceUnited KingdomItalySpainOthers

COMPETITIVE LANDSCAPE

The competitive landscape of the industry has also been examined along with the profiles of the key players.

EUROPE ELECTRIC VEHICLE WIRELESS CHARGING MARKET NEWS:

April 2024: Volvo Cars and Göteborg Energi launched Sweden’s first public inductive charging lane, a 1.5 km stretch allowing 40 kW dynamic power transfer at 80 km/h.March 2024: The European Commission approved €2.8 billion in state aid for Germany’s “Induktive Ladeinfrastruktur” scheme, funding 12,000 stationary pads for taxi ranks and logistics depots.February 2024: BMW began fleet trials of 22 kW wireless charging pads with 200 iX5 SUVs in Munich, integrating ISO 15118-20 plug-and-charge protocols.January 2024: Continental AG opened a €150 million production line in Dresden targeting 500,000 wireless charging coils annually, claiming 30% weight reduction versus 2022 prototypes.

Key highlights of the Report:

Market Performance (2019-2024)Market Outlook (2025-2033)COVID-19 Impact on the MarketPorter’s Five Forces AnalysisStrategic RecommendationsHistorical, Current and Future Market TrendsMarket Drivers and Success FactorsSWOT AnalysisStructure of the MarketValue Chain AnalysisComprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.