Wireless Power Transfer Systems Market Size and Forecast, 2025 - 2032

The Global Wireless Power Transfer Systems Market is estimated to be valued at USD 16.56 Bn in 2025 and is expected to reach USD 42.21 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 14.3% from 2025 to 2032.

Key Takeaways of the Global Wireless Power Transfer Systems Market:

The near-field power transfer segment is expected to lead the market, holding a share of 88.6% in 2025.
Among application, the consumer electronics segment is projected to dominate with a share of 73.7% in 2025.
The North America region is estimated to lead the market with a share of 38.5% in 2025, while Asia Pacific is expected to be the fastest-growing region with a share of 29.3% in 2025.

Market Overview:

The market for wireless power transfer systems is expected to witness significant growth over the forecast period. The growing demand for contactless charging of portable consumer electronic devices and increasing sales of electric vehicles are expected to drive the demand for wireless charging technology. Wireless charging eliminates the use of cables and provides seamless power transfer between devices and charging pads or mats, offering convenience to the users. Continuous technological advancements to improve the efficiency of wireless power transfer systems and decreasing costs of raw materials are further expected to support the market growth during the forecast period. Additionally, increasing investments by major automotive OEMs and electronics manufacturers to develop efficient wireless charging solutions are anticipated to boost the adoption of wireless power transfer systems.