Wireless Electric Vehicle Charging Market Research Report: Information by Charging Type (Dynamic and Stationary), Power Supply Range (3 to <7.7 KW, 7.7 to < 11KW, 11to < 20KW, 20 to < 50 KW, and 50 KW and above), Charging Pad, Charging System, Propulsion Type, Vehicle Type, Application, Region - Global Forecast till 2023. The Global Wireless Electric Vehicle Charging Market is expected to witness ~21% CAGR during the period, 2018 to 2023.
According to Market Research Future (MRFR), the size of global wireless electric vehicle charging would increase exponentially by the end of 2023. MRFR also confirms that during the forecast period (2017-2023), the market would register a substantial CAGR. Rising prices and scarcity of fossil fuel are presaging that electric vehicles would be best suitable alternative for fossil fuels for the future.
Some of the major players:
- Global Wireless Electric Vehicle Charger Market include ABB (Switzerland)
- Leviton (U.S.)
- WiTricity Corporation (U.S)
- Convenient Power HK Limited (Hong Kong)
- Siemens (Germany)
- Delphi Automotive (U.K.)
- Qualcomm (U.S.)
- Bosch Group (Germany)
Get Free Sample of Forklift Trucks Market @
https://www.marketresearchfuture.com/sample_request/7214
Market Segmentation:
MRFR's report offers a detailed segmental assessment of the wireless electric vehicle charger market based on technology and component. By technology, the global wireless electric vehicle charger market has been segmented into inductive charging, conductive charging, dynamic charging, magnetic resonance, and others.
By component, the wireless electric vehicle charger market has been segmented into electromagnetic induction, wireless power receiver, rectifies, power distribution box, vehicle receiver unit, ground transmission unit, and battery, and others.
Market Research Analysis
In terms of region, the global market for wireless electric vehicle charging is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is estimated to hold the largest market share over the forecast period owing to growing production of electric vehicles in China and Japan. Increased production and sales of automobiles is expected to boost the demand for wireless electric vehicle charging market in this region. Furthermore, the growing disposable income from countries such as China, India and other countries, and increasing population, urbanization, and rising focus to reduce the vehicle emissions.
North America is estimated to grow at a steady rate in the wireless electric vehicle charging market during forecast period owing to growing demand for environment friendly vehicles. Presence of key playes such as Plugless Power, WiTricity, Qualcomm, Inc., and HEVO power in this region are contributing to the growth of this market. Moreover, increased production and sales of electric vehicles is expected to drive the growth in this region.
Regional Insights:
The global wireless electric vehicle charger market, by region, has been segmented into North America, Europe, Asia Pacific, and Rest of the World. North America is, at present, leading the global market. The initiatives undertaken by the government for reducing the dependency on fuel and promoting the adoption of electric vehicles is expected to catalyze the expansion of the wireless electric vehicle charger market over the assessment period. Furthermore, the presence of key players in the region is poised to influence the growth rate of the market positively.
Europe is an important revenue pocket of the wireless electric vehicle charger market. The thriving automotive sector of the region is significantly driving the proliferation of the market. It is expected to exhibit a similar trend in the forthcoming years. Electric vehicles have large-scale market presence in the region which is projected to propel the expansion of the wireless electric vehicle charger market. Furthermore, the availability of excessive funds for research & development of new technologies is likely to boost the growth of the market over the next couple of years.
Asia Pacific is poised to witness a rapid growth rate in the foreseeable future. The accelerated adoption of electric vehicles in China backed by its government is anticipated to catapult the wireless electric vehicle charger market in the region. In addition, other fast-developing countries are also prognosticated to witness an upsurge in demand for electric vehicles. This, in turn, is expected to dictate the growth trajectory of the wireless electric vehicle charger market in the region during the forecast period.
Browse Complete Report @
https://www.marketresearchfuture.com/reports/wireless-electric-vehicle-charging-market-7214
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.
Other Related Market Research Reports:
Global Automotive Active Spoiler Market Research Information Report by type (Front spoiler market, Lighted spoiler market, pedestal spoiler marker, roof spoiler market, lip spoiler market), by material type (ABS plastic, Fiberglass, Silicon, Carbon fiber), by Region - Forecast To 2023
https://www.marketresearchfuture.com/reports/active-spoiler-market-6903
Automotive Throttle Position Sensor Market Research Report: Information by Product Type (Potentiometer, Socket, Comprehensive), Vehicle Type (Passenger Car, Commercial Vehicle), Sales Channel (OEM and Aftermarket), and Region - Global Forecast till 2025
https://www.marketresearchfuture.com/reports/automotive-throttle-position-sensor-market-7596
The move to transition from fossil fuels amid rapid urbanization in cities can drive the need for charging infrastructure.
The global wireless electric vehicle charging market report by Market Research Future (MRFR) takes a deep look at the changes in economic policies, rise in production of electric vehicles, and advances in battery development and its impact during the period of 2019 to 2025 (forecast period) are explained in detail.
The COVID-19 pandemic and its impact have also been taken into account in the report.Market ScopeThe global wireless electric vehicle charging market is set to expand at a stellar growth rate over the forecast period.
Major drivers include the massive demand for environment friendly vehicles, concerns over carbon emissions, rise in the capacity of EV batteries, and increasing interest in dynamic electric vehicle charging (DEVC) technology.
Huge demand for autonomous and semi-autonomous vehicles and robust urbanization rate in cities can influence the global wireless EV charging market.But energy loss during transmission and huge costs of EVs can hamper market growth.Competitive Outlook BMW, Nission, ELIX Wireless , Continental AG, Qualcomm, Inc., HEVO power, Toshiba Corporation, ZTE Corporation, Plugless Power, and WiTricity are key players of the global wireless electric vehicle charging market.Get Free Sample Report@ https://www.marketresearchfuture.com/sample_request/7214 Segmentation The global wireless EV charging market is segmented on the basis of charging type, power supply range, charging pad, charging station, propulsion, vehicle type, and application.
The dynamic electric charging segment is anticipated to gain the lead in the global market owing to the huge need for charging vehicles during transportation.On the basis of power supply range, the market has been segmented into 3 to <7.7 KW, 7.7 to < 11KW), 11to < 20KW, 20 to < 50 KW, 50 KW and above.
The Global Wireless Electric Vehicle Charging Market size is estimated to be USD 30.9 million in 2019 and is predicted to reach USD 213.7 million by 2030 with a CAGR of 19.2% from 2020-2030.Wireless Electric Vehicle Charging is a technology which transfers the energy from the source to the consuming device without cables.
It is one of the recent developed technologies which is gaining popularity and offer various benefits as compared to the traditional method over the period of time.
There has been increased inclination towards the use of electric vehicles and this technology creates safe, reliable and efficient way to charge the vehicle on a daily basis.Access Full Description of this report at:- https://www.nextmsc.com/report/wireless-electric-vehicle-charging-market Top Companies: Continental AG, Qualcomm Inc., Robert Bosch Gmbh, Texas Instruments Inc., Toyota Motor Corporation, Witricity Corporation, Powermat Technologies Ltd, Elix Wireless, Evatran Group Inc, and Toshiba Corporation and others.The global wireless electric vehicle charging market share is analysed on the basis of power source, installation, distribution channel, vehicle type, and geography.
Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.Request sample copy of this report at:- https://www.nextmsc.com/wireless-electric-vehicle-charging-market/request-sample North America denotes a higher adoption of the wireless electric vehicle charging and is anticipated hold the highest market share during the forecast period.
This is attributable to the factors including presence of well-established infrastructure, increased inclination towards hybrid vehicles, and technological advancements.
Asia Pacific is also expected to contribute the overall market growth with rapid growth rate and considerable growth in market share owing to the high fuel prices and maturation of oil wells.
