Wireless EV Charging Market Report Overview:
The research gives a comprehensive analysis of the Wireless EV Charging Market, including dynamic patterns, industry landscape, and all main market features. The Wireless EV Charging market research report also offers a thorough examination of the key players.
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Estimated Revenue Growth:
The Wireless EV Charging market was valued at US$ 34.48 Mn. in 2022 and is expected to reach US$ 506.58 Mn. by 2029, at a CAGR of 46.8% during a forecast period.
Wireless EV Charging Market Dynamics:
Electric vehicles have various advantages, including lower fuel usage (gasoline, diesel, and natural gas) and lower exhaust pollutants, which drive up global demand. The demand for wireless charging is likely to increase during the forecast period as electric or plug-in hybrid vehicles are introduced. The wireless electric car charging industry is pursuing a variety of strategic activities, including product development and collaboration, to expand its product portfolio and global footprint. Nichicon and Qualcomm, for example, signed a strategic collaboration agreement. According to the terms of the agreement, Nichicon will integrate Qualcomm Halo wireless electric vehicle charging (WEVC) technology into its product range and offer Qualcomm Halo WEVC wireless electric vehicle charging technology for hybrid and electric vehicles.
Wireless EV Charging Market Scope and Research Methodology:
The aim of this report is to assess and predict the size of the Wireless EV Charging market. It offers strategic profiles of significant market participants to provide an accurate depiction of the competitive landscape within the global Wireless EV Charging market. This includes a comprehensive analysis of recent developments such as new product launches, acquisitions, mergers, joint ventures, brand activities, and major players in the Wireless EV Charging industry. The report presents insights into industry trends, dynamics, and potentials, assisting professionals in staying informed about the latest trends and sector performance. This insight aids in predicting growth and decline in Wireless EV Charging market share over the forecast period.
In-depth understanding of the Wireless EV Charging industry was achieved through a combination of primary and secondary research methods. Various methodologies, including PESTLE, PORTER, and SWOT analysis, were employed to ensure accurate findings. SWOT analysis was employed to outline strengths, weaknesses, opportunities, and challenges for key players within the Wireless EV Charging industry. Additionally, the use of PORTER and PESTLE analysis allowed for an understanding of the microeconomic and macroeconomic factors influencing the Wireless EV Charging industry.
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Wireless EV Charging Market Segmentation:
by Application
• Public/Commercial Charging Station
• Home Charging Unit
by Component
• Base Charging Pad
• Power Control Unit
• Vehicle Charging Pad
by Charging Type
• Dynamic Wireless Charging System
• Stationary Wireless Charging System
Stationary Wireless Charging System had the biggest market share (xx%) in 2022. The stationary wireless charging solution is simple to use, secure, and reliable. Drivers can charge their cars using any wireless charging equipment, making this technology compatible. Vehicles can also be wirelessly charged in parking lots and public areas. The proliferation of stationary wireless charging devices has eased the creation of charging networks for electric vehicles. Many businesses have installed stationary wireless charging stations.
by Distribution Channel
• Aftermarket
• OE Market
by Propulsion
• BEV
• PHEV
Based on propulsion, the BEV segment had the biggest market share in 2022. Wireless charging is now available in BEV vehicles from Tesla, BMW, and Nissan, including the Tesla Model S, BMW i3, and Nissan Leaf. Because of stringent government regulations aimed at curbing rising emissions, OEMs are focusing on BEVs. The total market is expected to be driven by increased BEV sales and government incentives.
Wireless EV Charging Market Key Players:
• Robert Bosch GmbH
• Continental AG
• Toyota Motor Corporation
• Electroad
• Toshiba Corporation
• Lg Chem Ltd
• Witricity Corporation
• Wave
• Qualcomm, Inc.
• Bombardier Inc.
• Aerovironment Inc.
• Hella KGaA Hueck & Co.
• Evatran Group Inc.
• Mojo Mobility Inc.
• ZTE Corporation
• Elix Wireless
• Momentum Dynamics Corporation.
• HEVO Power
• Olev Technologies
Wireless EV Charging Market Regional Perspectives:
The report is segmented into several key countries, with market size, growth rate, import and export of Wireless EV Charging market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
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Key Questions answered in the Wireless EV Charging Market Report are:
- Which segment grabbed the largest share in the Wireless EV Charging market?
- Which segment is expected to grow at a high rate during the forecast period?
- How is the competitive scenario of the Wireless EV Charging market?
- Which are the key factors driving the Wireless EV Charging market growth?
- Which are the factors restraining the Wireless EV Charging market growth?
- Which region holds the maximum share in the Wireless EV Charging market?
- What will be the CAGR of the Wireless EV Charging market during the forecast period?
- Which are the prominent players in the Wireless EV Charging market?
Key Offerings:
- A detailed Analysis of the Market Overview
- Market Share, Size Forecast by Revenue | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Table of Content: Wireless EV Charging Market
Part 01: Executive Summary
Part 02: Scope of the Wireless EV Charging Market Report
Part 03: Wireless EV Charging Market Landscape
Part 04: Wireless EV Charging Market Sizing
Part 05: Wireless EV Charging Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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