Saudi Arabia Wireless Power Transmission Market Overview

Market Size in 2025: USD 265.3 Million

Market Size in 2034: USD 1,716.4 Million

Market Growth Rate 2026-2034: 23.06%

According to IMARC Group's latest research publication, "Saudi Arabia Wireless Power Transmission Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2026-2034", The Saudi Arabia wireless power transmission market size reached USD 265.3 Million in 2025. Looking forward, IMARC Group expects the market to reach USD 1,716.4 Million by 2034, exhibiting a growth rate (CAGR) of 23.06% during 2026-2034.

How AI is Reshaping the Future of Saudi Arabia Wireless Power Transmission Market

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How Vision 2030 is Transforming Saudi Arabia Wireless Power Transmission Industry

Saudi Arabia's Vision 2030 is revolutionizing the wireless power transmission industry by prioritizing technological innovation, sustainable infrastructure development, and digital transformation across all economic sectors. The initiative drives substantial investment in smart city megaprojects like NEOM, The Line, and Qiddiya, where wireless power transmission technology is being integrated into urban planning from the ground up, creating demand for contactless charging solutions for electric vehicles, public transportation, and smart infrastructure. Vision 2030's emphasis on renewable energy integration aligns perfectly with wireless power transmission's role in efficient energy distribution, supporting the Kingdom's goal of generating 50% of electricity from renewable sources by 2030. The economic diversification strategy encourages domestic manufacturing of advanced electronics and automotive components, fostering local production capabilities for wireless charging systems and creating a robust supply chain ecosystem. Government-backed initiatives promoting electric vehicle adoption, including ambitious targets for 30% EV penetration in major cities, directly accelerate wireless charging infrastructure deployment across highways, parking facilities, and residential complexes.

Saudi Arabia Wireless Power Transmission Market Trends & Drivers:

Saudi Arabia's wireless power transmission market is experiencing robust growth, driven by the Kingdom's aggressive expansion of electric vehicle infrastructure and ambitious EV adoption targets under Vision 2030. The government-backed EVIQ initiative is deploying thousands of charging stations across major cities and highways, with increasing focus on wireless inductive charging technology that eliminates the need for physical cable connections. This infrastructure development, combined with local EV manufacturing from Lucid and Ceer, creates substantial demand for advanced wireless charging solutions that can support the Kingdom's goal of 30% electric vehicle penetration in urban areas by 2030. The proliferation of smart city megaprojects, including NEOM, The Line, and extensive urban development initiatives in Riyadh and Jeddah, drives integration of wireless power transmission into building infrastructure, public spaces, and transportation networks.

The market is further propelled by Saudi Arabia's digital grid modernization program, which aims to automate 40% of the electricity distribution network by 2025, with over 12 million smart meters enabling real-time energy monitoring and grid optimization. This intelligent infrastructure creates an ideal environment for deploying contactless power systems across residential, commercial, and industrial applications. The explosive growth in IoT device adoption, particularly in healthcare, industrial automation, and smart home applications, fuels demand for seamless wireless charging solutions that can support millions of connected sensors, wearables, and medical monitoring devices. Healthcare sector transformation under Vision 2030 emphasizes remote patient monitoring and telemedicine, driving adoption of wirelessly charged medical devices and wearable health monitors. The consumer electronics market expansion, coupled with rising disposable incomes and preference for premium technology, increases demand for smartphones, tablets, and smartwatches featuring wireless charging capabilities. Industrial automation initiatives across manufacturing, logistics, and energy sectors require reliable wireless power solutions for autonomous vehicles, robotic systems, and sensor networks. The Kingdom's abundant renewable energy resources and investments in solar and wind projects align with wireless power transmission's role in efficient energy distribution. Government incentives for technology adoption, combined with Vision 2030's emphasis on innovation and digital transformation, create a favorable regulatory and economic environment supporting rapid market growth.

Saudi Arabia Wireless Power Transmission Market Industry Segmentation:

The report has segmented the market into the following categories:

Type Insights: