Wireless Power Transfer Modules Market Predicted for Substantial Growth by 2035, Driven by EV Adoption and Data Centers

Chargers

Market Overview

The Wireless Power Transfer Modules Market is expected to grow significantly, largely driven by the increasing demand for electric vehicles (EVs). The global surge in EV adoption is a key factor propelling this market’s expansion. According to a report by the International Energy Agency (IEA), electric vehicles are projected to account for one in four new car sales globally by 2025. This shift is fueling demand for efficient and convenient charging systems, including wireless power transfer modules, to support cable-free and automated fast-charging solutions at homes, workplaces, and public stations.

Another significant growth driver is the rising power consumption in data centers worldwide. Data center power consumption reached approximately 415 TWh in 2024, highlighting substantial and increasing energy needs from digital infrastructure. Wireless power transfer modules offer an appealing solution for next-generation data center designs and energy optimization initiatives by reducing wiring complexity, enhancing system flexibility, and supporting continuous operation in smart facilities.

Latest Market Developments

Key players in the Wireless Power Transfer Modules Market are actively pursuing advancements and product launches:

  • Infineon Technologies announced its first Qi2 Magnetic Power Profile (MPP) compatible wireless charging transmitter solution, the “REF_WLC_TX15W_M1” reference design kit, in October 2023. This solution supports the new Qi2 wireless charging standard, improving charging efficiency, safety, and user convenience through magnetic alignment.

  • ROHM Co., Ltd. launched the “ML7670/ML7671” wireless power supply IC chipset in April 2026. Designed for small wearable devices like smart rings, smart bands, and wireless earphones, this chipset complies with NFC Forum WLC 2.0, delivers up to 250mW of wireless power, and integrates necessary power management components, with mass production already underway.

Market Segmentation

The Wireless Power Transfer Modules Market is segmented by end-user industry into consumer electronics, automotive, industrial manufacturing, healthcare, telecommunications, energy and utilities, and aerospace and defense.

During the forecast period, the consumer electronics segment is anticipated to lead the market, holding over 45% of the revenue share. This growth is supported by the increasing number of internet users globally, with approximately 5.5 billion people online in 2024, according to the International Telecommunication Union (ITU). This trend drives demand for smartphones, tablets, smartwatches, and wireless earphones, all of which benefit from wireless power transfer technology.

Regional Overview

The Asia Pacific region is expected to maintain its dominant position in the global Wireless Power Transfer Modules Market, projected to account for over 33% of the total revenue share during the forecast period. This strong growth is fueled by the rapid expansion of EV charging infrastructure across the region. For instance, India’s Press Information Bureau (PIB) reported 29,151 EV charging stations established across the country by December 2025. As charging networks continue to develop in China, Japan, and Southeast Asia, the demand for efficient, cable-free charging systems in transportation and public infrastructure is expected to intensify.

The Japanese Wireless Power Transfer Modules Market is also projected for robust growth within the global market, driven by the ongoing development of smart cities and connected infrastructure. Japan is continuously increasing investments in smart city projects that integrate connected transportation systems, intelligent lighting, and digital infrastructure. Wireless power transfer technology supports these developments by enabling cable-free power supply for sensors, communication devices, and public infrastructure, creating new opportunities for the adoption of WPT modules.

Key Market Players

Leading companies in the global Wireless Power Transfer Modules Market include:

  • WiTricity Corporation

  • Energous Corporation

  • Powermat Technologies Ltd.

  • Texas Instruments Incorporated

  • Infineon Technologies AG

Top companies in the Japanese market are:

  • TDK Corporation

  • Murata Manufacturing Co., Ltd.

  • ROHM Co., Ltd.

  • Panasonic Industry Co., Ltd.

  • Renesas Electronics Corporation

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