Silicon Carbide (SiC) in the Wireless EV Charging Market: Outlook for 2025–2034
The “Silicon Carbide (SiC) for Wireless EV Charging Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025–2034” report has been added to the ResearchAndMarkets.com portfolio, offering a comprehensive assessment of one of the most promising intersections between power electronics and electric mobility. As the global transition to electric vehicles accelerates, wireless charging technologies powered by advanced semiconductors such as silicon carbide are emerging as a critical enabler of next-generation charging convenience, efficiency, and scalability.
Market Overview and Growth Outlook
The global Silicon Carbide (SiC) for Wireless EV Charging Market was valued at USD 4.2 million in 2024 and is projected to expand at a robust compound annual growth rate (CAGR) of 15.1%, reaching approximately USD 17 million by 2034. This strong growth trajectory reflects the rapid adoption of electric vehicles worldwide and the growing demand for charging solutions that reduce complexity, improve energy efficiency, and enhance the user experience.
Wireless EV charging systems—both stationary and dynamic—require high-frequency, high-efficiency power conversion. Silicon carbide, with its superior electrical and thermal characteristics compared to traditional silicon-based semiconductors, is increasingly viewed as the optimal material for enabling these systems. SiC-based components deliver higher switching speeds, reduced energy losses, compact form factors, and greater durability, all of which are essential for reliable wireless charging infrastructure.
Rising EV Adoption Driving Demand for SiC
The surge in electric vehicle adoption across passenger cars, commercial fleets, and public transportation systems is the primary catalyst for the expanding use of SiC in wireless charging applications. Governments worldwide are implementing stricter emissions regulations, providing EV purchase incentives, and investing heavily in charging infrastructure. As EV penetration increases, the limitations of conventional plug-in charging—such as connector wear, user inconvenience, and downtime—are becoming more apparent.
Wireless charging addresses many of these challenges by offering contactless energy transfer, automated charging processes, and reduced maintenance requirements. Silicon carbide components play a vital role in enabling these benefits, particularly in high-power applications where efficiency and thermal management are critical. Fleet operators, autonomous vehicle developers, and public transit authorities are especially interested in wireless charging systems that can operate seamlessly with minimal human intervention.
Dominance of SiC Power MOSFETs
Among the various SiC product categories, SiC power MOSFETs emerged as the dominant segment in 2024, accounting for 39.4% of the total market share. These devices are widely favored for wireless EV charging systems due to their ability to operate efficiently at high switching frequencies while maintaining low conduction and switching losses.
SiC MOSFETs enable the development of smaller, lighter, and more energy-efficient wireless chargers, making them ideal for both residential and commercial installations. Their superior thermal performance allows systems to operate at higher power densities without compromising reliability. As a result, manufacturers are prioritizing advancements in device reliability, gate oxide stability, and advanced packaging technologies to meet the demanding requirements of automotive-grade applications.
Ongoing innovation in SiC MOSFET design is also supporting the development of compact inverters and power electronics modules, which are essential for integrating wireless charging capabilities into vehicles and infrastructure without significantly increasing system complexity or cost.
Voltage Class Trends: Growth in Mid- to High-Power Applications
From a voltage rating perspective, the 651V to 1200V class segment generated USD 1.7 million in revenue in 2024, reflecting its suitability for mid- to high-power wireless EV charging systems. This voltage range is particularly important for applications such as commercial fleet depots, public charging stations, and dynamic wireless charging embedded in roadways.
Components in this class offer excellent efficiency, high breakdown voltage, and superior thermal conductivity, enabling reliable operation under demanding conditions. To strengthen their market position, manufacturers are investing in enhanced device robustness, improved gate reliability, and automotive-grade packaging solutions. Collaboration with EV original equipment manufacturers (OEMs) is also increasing, particularly in areas such as inverter design optimization and advanced thermal modeling.
These partnerships allow semiconductor suppliers to tailor SiC solutions to specific vehicle platforms and charging architectures, accelerating adoption and improving system-level performance.
Regional Insights: North America Leads Adoption
North America held a 34.5% share of the global SiC for wireless EV charging market in 2024, supported by strong EV adoption rates, favorable government policies, and significant investments in advanced charging infrastructure. The United States and Canada continue to promote clean transportation through tax incentives, emissions regulations, and funding for charging networks, creating a conducive environment for the adoption of high-efficiency SiC technologies.
Environmental awareness among consumers and businesses is further driving demand for sustainable mobility solutions. Wireless EV charging systems powered by SiC components are gaining traction in urban and suburban areas, particularly for residential installations, workplace charging, and public transit applications. Manufacturers are capitalizing on these opportunities by forming strategic partnerships with utility providers, municipalities, and infrastructure developers.
Investments in scalable SiC manufacturing and infrastructure deployment are helping companies address the growing demand from residential users, commercial fleet operators, and public charging network providers.
Competitive Landscape and Key Players
The global SiC for wireless EV charging market features a diverse and competitive landscape, spanning semiconductor manufacturers, power electronics specialists, wireless charging technology providers, and automotive OEMs. Leading companies operating in this space include Infineon Technologies, Mitsubishi Electric, Microchip Technology, STMicroelectronics, GeneSiC Semiconductor (Qorvo), onsemi, UnitedSiC (Qorvo), Fuji Electric, Toshiba, ROHM Semiconductor, and Wolfspeed.
Wireless charging specialists such as WiTricity Corporation, HEVO Inc., Electreon Wireless Ltd., Plugless Power (Evatran), InductEV Inc., and Qualcomm Technologies (Halo) are also playing a crucial role by integrating SiC-based power electronics into advanced charging platforms. Major industrial and automotive players—including ABB, Siemens, Bosch, Continental, Toyota Motor Corporation, and General Electric—are leveraging their system integration capabilities to bring wireless charging solutions to market at scale.
Strategic Initiatives and Market Positioning
Companies operating in the SiC wireless EV charging ecosystem are strengthening their market presence through a combination of continuous product innovation, strategic partnerships, and geographic expansion. A strong emphasis is placed on developing high-efficiency, thermally robust SiC MOSFETs and diodes that meet stringent automotive reliability standards.
Collaborations with EV OEMs and utility providers are enabling the integration of SiC solutions into both vehicle platforms and charging infrastructure. At the same time, investments in wafer quality improvements, advanced fabrication techniques, and optimized packaging are helping reduce energy losses, enhance reliability, and lower overall system costs.
Many firms are also participating in collaborative research initiatives and pilot projects to demonstrate the performance advantages of SiC-based wireless charging in real-world applications. Marketing strategies increasingly highlight the compact design, energy efficiency, and long-term cost benefits of SiC technology to attract residential, commercial, and public-sector customers.
Comprehensive Market Coverage
The ResearchAndMarkets report provides an in-depth analysis of industry trends, growth drivers, challenges, regulatory frameworks, and future opportunities. It includes detailed assessments using Porter’s Five Forces and PESTEL analysis, offering insights into competitive dynamics and external market influences.
The study covers market size and forecasts across multiple dimensions, including product type, voltage rating, power level, application type, end use, and region. Extensive company profiles provide insights into business strategies, financial performance, and SWOT analysis, helping stakeholders understand the competitive positioning of key players.
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