Market Summary

According to our latest research, the Global IEC 61980 Wireless Power Transfer market size was valued at $1.4 billion in 2024 and is projected to reach $8.7 billion by 2033, expanding at a robust CAGR of 22.8% during 2024–2033. The primary driver fueling this substantial growth is the rapid adoption of electric vehicles (EVs) and the increasing demand for efficient, contactless charging infrastructure worldwide. As automotive manufacturers and technology providers focus on enhancing user convenience and operational efficiency, the implementation of IEC 61980-compliant wireless power transfer (WPT) systems is becoming a cornerstone for both public and private charging ecosystems. This trend is further supported by evolving consumer expectations for seamless, high-speed charging experiences, as well as government initiatives promoting sustainable transportation solutions.

Growing EV penetration, rising renewable energy integration, and the advancement of automated mobility fleets are key contributors to market growth. As nations expand their clean-transportation mandates, wireless charging is emerging as a strategic tool for improving grid efficiency, user experience, and overall operational reliability.

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The IEC 61980 Wireless Power Transfer Market continues to evolve with strong regulatory backing for EV infrastructure modernization. The introduction of interoperable charging solutions is contributing to uniformity across regions, promoting market stability. Governments are actively encouraging adoption through subsidies, pilot projects, and long-term electrification initiatives.

At the same time, advancements in power electronics, inductive systems, and embedded vehicle technologies are improving efficiency and lowering operational costs. These innovations enable safer energy transfer, reduced maintenance, and advanced communication features between chargers and vehicles. Growing interest in autonomous driving systems is further elevating the importance of wireless charging, as these technologies require automated, driverless energy replenishment.

The market is also witnessing increasing R&D investments, particularly in long-distance wireless technologies and dynamic charging capabilities. These developments are expected to reshape transportation infrastructure, enabling roads that can wirelessly charge vehicles while in motion. Such advancements reflect the strong potential for long-term scalability.

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Market drivers are strongly aligned with global efforts to reduce carbon emissions and enhance transportation sustainability. The push toward zero-emission mobility encourages the adoption of wireless charging as a clean, efficient alternative to conventional charging stations. Customers are increasingly seeking technologies that combine convenience with environmental benefits.

Key drivers include:

  • Rising EV adoption across passenger and commercial segments

  • Growing demand for automated and user-friendly charging systems

  • Increased regulatory focus on standardization

  • Integration of smart grid infrastructure with EV charging networks

Restraints remain present but are gradually diminishing. High initial installation costs and the complexity of integrating wireless charging into existing environments can hinder early adoption. Safety concerns and performance variability under certain conditions also demand further refinement. However, ongoing technological advancements are steadily addressing these challenges.

The market also presents substantial opportunities for future growth. As cities worldwide transition toward intelligent transportation systems, IEC 61980 wireless charging technologies are positioned to support next-generation urban mobility. Integration with autonomous fleets, shared mobility services, and public transportation networks is expected to generate considerable demand over the next decade.

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From a regional perspective, market expansion is significant across North America, Europe, and Asia Pacific. North America benefits from strong infrastructure funding and high EV adoption rates. Europe continues to lead regulatory standardization and renewable-energy integration. Asia Pacific, driven by large EV manufacturing bases and government incentives, remains a crucial growth hub with substantial long-term potential.

The market is projected to experience strong value growth over the forecast period. Research Intelo highlights that rising investments in public wireless charging lanes, residential inductive systems, and commercial fleet solutions are pushing market revenues upward. As the technology becomes more affordable, adoption across private consumers and enterprises is expected to accelerate further.

Emerging trends such as dynamic wireless charging, vehicle-to-grid communication, and intelligent energy-management systems are redefining the market landscape. These innovations allow for seamless energy flow, improved grid stability, and real-time charging optimization. Fleet operators, in particular, stand to benefit from automated wireless charging, which reduces downtime and enhances operational efficiency.

The increasing popularity of autonomous electric shuttles, delivery robots, and industrial EV platforms further strengthens the importance of wireless power transfer. These systems rely heavily on automated charging cycles, making IEC 61980 standards vital for future mobility ecosystems. Research Intelo predicts that such sectors will play a crucial role in shaping market demand.

The market continues to benefit from the rising adoption of smart-city initiatives. Urban planners are integrating wireless charging zones into parking structures, taxi stands, and bus terminals to support sustainable transportation. These developments reflect the growing alignment between EV technologies and future-focused city infrastructure.

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Competitive Landscape

  • Qualcomm Inc.
  • WiTricity Corporation
  • Continental AG
  • Robert Bosch GmbH
  • Siemens AG
  • Bombardier Inc.
  • Toshiba Corporation
  • DAIHEN Corporation
  • Energizer Holdings, Inc.
  • HEVO Inc.
  • Plugless Power Inc. (Evatran Group, Inc.)
  • Mojo Mobility, Inc.
  • ZTE Corporation
  • Toyota Motor Corporation
  • Hyundai Motor Company
  • Mahle GmbH
  • Electreon Wireless Ltd.
  • Futavis GmbH
  • Powermat Technologies Ltd.
  • Delta Electronics, Inc.

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