Wireless EV Charging Market Overview

Wireless EV Charging Market Research Report includes the current state of the market in terms of the definitions, classifications, applications, and industry chain structure. The report provides unbiased professional commentary on the present market scenario, market performance, production and consumption rates, demand and supply ratios, and income generation over the forecast period. The Wireless EV Charging Market report also gives information on the leading businesses functioning in the Wireless EV Charging industry's, strategic ambitions and company growth strategies. Mergers and acquisitions, government and corporate transactions, partnerships and collaborations, joint ventures, brand promotions, and product launches are among the methods evaluated in the research.

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Wireless EV Charging Market size was valued at US$ 14.99 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 88.4% through 2023 to 2029, reaching nearly US$ 1263.45 Mn.

Wireless EV Charging Market Scope

The Maximize Market Research report offers a comprehensive and dynamic analysis of the Wireless EV Charging market, utilizing a rigorous research methodology. It covers major growth drivers, market dynamics, challenges, and scope, along with conducting PESTAL, PORTER, and SWOT analyses. The report also highlights the latest developments and cutting-edge technologies in the Wireless EV Charging market. It provides detailed insights into the market, including market shares, supply chain analysis, and key success factors. The report's conclusion features opinions from industry experts representing top-leading organizations in the Wireless EV Charging market.

Effect of COVID-19 on the Market for Wireless EV Charging:

The COVID-19 epidemic has killed a great number of individuals and infected millions of people globally. It has also severely disrupted the movements of people, companies, and industries. Moreover, owners of electric vehicles (EVs) have experienced problems charging their cars at public charging stations where there is a chance of coming into contact with COVID-19.

Dynamics of the wireless EV charging market:

roads with electricity that automatically charge the vehicle

As concerns about lowering carbon emissions and easing fuel shortages have grown, so has the use of EVs. Conversely, EVs need to have their batteries replenished if they run out of power. Locating charging stations nearby might be difficult, particularly if you live in a rural area. There are currently plenty of charging stations in parking lots and malls around cities. These days, all public transport and schools run on electricity. In Korea, buses on campuses are capable of self-charging and continuous powering, which reduces the amount of batteries they need, which are around one-third the size of those in standard electric cars.

Wireless EV Charging Market Segmentation

by Power Supply

Range 3–<11 kW
11–50 kW
>50 kW

The market is divided into three segments based on Power Supply Range: 3–<11 Kw, 11–50 kW, and >50 kW. By 2029, the sector with power supply ranges of 3–<11 Kw is anticipated to have the biggest market share, or xx%. Wireless charging systems with a capacity of 3–11 kW are used for small and mid-sized battery-powered electric vehicles. At this power level, the wireless charging system may be made to be lightweight and small enough to fit anyplace. It is therefore great for charging at home and at work. A 3.3 kW wireless charger for the Nissan Leaf and Chevrolet Volt has been released by Plugless Power Inc.

by Propulsion Type

BEV
PHEV

The market is divided into BEV and PHEV segments based on the kind of propulsion used. The BEV market is anticipated to expand quickly between 2023 and 2029, with a compound annual growth rate of xxx%. BEVs use wireless charging technology more frequently than PHEVs. In BEVs, the battery is the only power source, thus it needs to be charged frequently. Garages, public areas, retail centres, and businesses can all have wireless charging stations installed. Growing investments in battery electric vehicle (BEV) wireless charging technology by nations like Germany, Sweden, the US, and Italy, among others, are anticipated to generate favourable opportunities for the BEV segment in the wireless charging market for electric vehicles over the course of the forecast period.

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Wireless EV Charging Market Key Players

1. Robert Bosch GmbH
2. Continental AG
3. WiTricity Corporation
4. ZTE Corporation
5. HELLA KGaA Hueck & Co.
6. Toyota Motor Corporation
7. Toshiba Corporation
8. Qualcomm, Inc.
9. Evatran Group
10. Powermat Technologies Ltd.
11. PowerbyProxi Limited
12. Energids Corp.
13. WiBotic Inc.
14. PowerSquare Inc.
15. Aircharge
16. Tecnomen Corporation
17. Steca Elektronik GmbH
18. Lumen Australia
19. ECOtality
20. Momentum Dynamics
21. ZENS
22. Freewire Technologies
23. CIRCONTROL
24. Swiftmile

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Embarking on Regional Insights:

From North America to Asia-Pacific, Europe, Latin America, and MEA, our report traverses global economies, providing statistical data on market growth and regional nuances. Explore emerging trends, population dynamics, and government regulations, culminating in historical and forecasted data showcasing each economy's impact on the market.

Key Questions answered in the Wireless EV Charging Market Report are:

• What is Wireless EV Charging Market?
• What is the forecast period of the Wireless EV Charging Market?
• What is the competitive scenario of the Wireless EV Charging market?
• Which region held the largest market share in the Wireless EV Charging Market?
• What are the opportunities for the Wireless EV Charging Market?
• What are the restraining factors in the Wireless EV Charging market?
• Who are the key players of the Wireless EV Charging market?

Key offerings:

• Market Share, Size, and Forecast by Revenue|2022-2029
• Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
• Market Segmentation: A detailed analysis by Wireless EV Charging
• Landscape- Leading key players and other prominent key players.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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