Wireless Electric Vehicle Charger Market 2027 by Key Trends, Application, Region, Segmentation and Revenue Analysis

Market Synopsis:
According to Market Research Future (MRFR)’s new study, the global wireless electric vehicle charger market is prognosticated to strike healthy CAGR during the forecast period 2016 to 2027. The rise in the demand for electric vehicles is likely to dictate the growth of the market in the upcoming years.
The concerns raised by the depletion of natural resources coupled with endeavors for the reduction of carbon footprints are expected to fuel demand for wireless technology for charging electric vehicles. Additionally, the technological advancements and innovations brought by the key players are further poised to boost the proliferation of the Wireless Electric Vehicle Charger Market over the assessment period.
The governments across the world have catalyzed their efforts for accelerating the adoption of electric cars. Provisions for financial incentives are made available for increasing the sales of electric vehicles. This, in turn, is anticipated to favor the expansion of the wireless electric vehicle charger market over the next few years. However, lack of standardization of products remains an impediment to the market growth.
Key Players:
Some of the major players in 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.), and Bosch Group (Germany) among others.
Wireless Electric Vehicle Charger Global Market - Segmentation
  • Segmentation by technology: inductive charging, conductive charging, dynamic charging, magnetic resonance, among others.
  • Segmentation by component: electromagnetic induction, wireless power receiver, rectifies, power distribution box, vehicle receiver unit, ground transmission unit, and battery, among others
  • Segmentation by region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Wireless Electric Vehicle Charger Global Market - Regional Analysis
North-America is one of the leading regions where the wireless electric vehicle charger market is used extensively. The region is also supposed to have the largest share of market among all the regions, majorly due to government initiatives of reducing natural gas and petroleum usage in vehicles which is expected to create a profitable market for wireless electric vehicle charging market.
The report for Wireless electric vehicle charger market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Industry News:
In October 2018, WiTricity, a pioneer in wireless power transfer, has entered into an IP licensing agreement with China-based Anjie Wireless to expedite EV adoption in China
In November 2018, the national laboratory at Oak Ridge, Tennessee, U.S., has demonstrated wireless charging system for electric cars that are capable of transferring 120 kW of power with a 97% efficiency.
In November 2018, car sharing firm, Zipcar, has partnered with Innovate UK and US-based FreeWire Technologies for testing mobile wireless electric vehicle charging in London.
About Us:
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 Services.
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