Wireless Electric Vehicle Charging Market is forecasted to value over USD 265 million by 2028 end and register a CAGR of 46.5% from the forecast period 2021-2028.
With the advent of IoT and AI, the automotive industry is bound to showcase significant growth in the upcoming years. The rise in the manufacturing of autonomous vehicles, the customers obtaining predictive maintenance data, understanding traffic dynamics are some of the factors that have resulted in the significant growth of the automotive industry. Furthermore, many car dealers are using the latest technologies like augmented reality which enhances the buying experience of consumers. Major car manufacturers are slowly adopting Wireless Electric Vehicle Charging owing to the air pollution caused by gasoline and diesel vehicles which has opened new opportunities for emerging players to establish their position in the market.
The Wireless Electric Vehicle Charging Market assessment is performed taking various factors into consideration, like for instance, the business expansion policies of key players, competitive analysis of the progress of new entrants and emerging players, the revenue, financial, and opportunity analysis of market players. The Wireless Electric Vehicle Charging Market is also evaluated based on the regional segmentation, product type or technique, end-user spectrum, etc. This research will be conducted with the implementation of the latest market research methodologies which shall help organizations comprehend the overall market scenario and strategize accordingly.
Major players included in the Wireless Electric Vehicle Charging Market:
- Witricity Corporation
- Mojo Mobility
- Momentum Dynamics Corporation
- Elix Wireless Inc.
- Efacec
- Continental AG
- Robert Bosch GmbH
- Toshiba Corporation
- Toyota Motor Corporation
- Bombardier Inc.
- Hella Kgaa Hueck & Co.
- ZTE Corporation
- Evatran Group Inc.
- HEVO Inc.
- Tgood Electric Co
(Note: The list of the major players will be updated with the latest market scenario and trends)
Wireless Electric Vehicle Charging Market Segmentation:
By Power Source
- 3<11 kW
- 1150 kW
- >50 kW
By Charging Type
- Dynamic Wireless Charging System
- Stationary Wireless Charging System
By Charging System
- Magnetic Power Transfer
- Inductive Power Transfer
- Capacitive Power Transfer
By Component
- Base Charging Pad
- Power Control Unit
- Vehicle Charging Pad
By Propulsion Type
- Battery Electric Vehicle
- Plug-In Hybrid Electric Vehicle
By Vehicle Type
- Passenger Car
- Commercial Vehicle
- Electric Bus
- Electric Vans
- Electric Pick-Up Trucks
- Electric Trucks
By Distribution Channel
- OEMs
- Aftermarket
By Application
- Commercial Charging Station
- Home Charging Unit
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Wireless Electric Vehicle Charging Market Competitive Analysis:
- Tier-1 Players
- Tier-2 Players
- Emerging Players
- New Entrants
Future Market Analytics Focus Points:
- SWOT Analysis
- Key Market Trends
- Key Data -Points Affecting Market Growth
- Revenue and Forecast Analysis
- Growth Opportunities For New Entrants and Emerging Players
- Key Player and Market Growth Matrix
Objectives of the Study:
- To provide a comprehensive analysis on the Wireless Electric Vehicle Charging Market by power source, by charging type, by charging system, by component, by propulsion type, by vehicle type, By distribution channel, by application and by region
- To cater extensive insights on factors influencing the market growth (drivers, restraints, industry-specific restraints, business expansion opportunities)
- To anticipate and analyse the market size expansion in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa
- To record and evaluate competitive landscape mapping- strategic alliances and mergers, technological advancements and product launches, revenue and financial analysis of key market players
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