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Wireless Electric Vehicle Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026

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Cordless charging or wireless charging consume an electromagnetic field to transfer energy between two points through electromagnetic induction. Tremendous R&D activities are in progress to discover viable wireless charging technology. As electric v
Wireless Electric Vehicle Market Global Trends, Market Share, Industry Size,
Growth, Opportunities, and Market Forecast 2019 to 2026
Cordless charging or wireless charging consume an electromagnetic field to transfer
energy between two points through electromagnetic induction. Tremendous R&D
activities are in progress to discover viable wireless charging technology. As electric
vehicles are soon becoming imperative due to increasing environmental concerns, so
is the need for convenient electric vehicle charging. Availability of mobile apps that
seamlessly integrate with electric vehicle charging systems is also creating a
customer base that does the task in a click. The government initiatives to control
greenhouse gas emissions and striking incentives to promote fuel-efficient vehicle
manufacturing business are greatly influencing the expansion of the wireless electric
vehicle charging market. The preferred use of self-parking systems, need to keep on
road taxis running for longer, reduction in the size of the batteries installed in electric
vehicles are few examples of futuristic demands for the wireless EV charging.
The global wireless electric vehicle charging market is intended to grow at a CAGR of
43.5% and value over US$ 200 million by the end of 2026.
Global Wireless Electric Vehicle Charging Market Restraints
• Signalling errors and technological obstacles
• High pricing of electric vehicles
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Global Wireless Electric Vehicle Charging Market, by Distribution Channel
+ OEMs
+ Aftermarket
Prominent OEMs are offering wireless charging as a retrofit option as of now.
However, wireless charging is anticipated to become a default feature in the next
two years or so and OEMs are set for this offering. Once the static wireless charging
equipment becomes a norm, commercial launch of dynamic wireless charging is
projected around 2025 end. Also, attractive government incentives will continue to
draw OEMs toward innovative products. Thus the OEM segment is to witness
considerable growth in CAGR for the future.
Global Wireless Electric Vehicle Charging Market, by Vehicle Type
+ Battery Electric Vehicles
+ Hybrid Electric Vehicles
+ Plug-In Electric Vehicles
Global Wireless Electric Vehicle Charging Market, by Power Source
+ 3 - <11 Kw
+ 11 - 50 Kw
+ >50 Kw
Global Wireless Electric Vehicle Charging Market, by Installation
+ Residential
+ Commercial
At present, the residential segment holds a major chunk of the wireless electric
vehicle charging market due to the high usage of personal vehicles by population in
North America and Europe. However, with the rise in availability of wireless charging
spots and stations in places like hospital, shopping centres and corporate premises is
predicted as a catalyst to the growth of the commercial wireless charging segment in
near future.
Global Wireless Electric Vehicle Charging Market, by Region
+ North America
+ Latin America
+ Europe
+ Asia Pacific
+ Rest of the World
The wide adoption of electric vehicles and the resulting rise in a number of wireless
charging stations in North America makes this region a market leader till date.
Budding penetration of electric vehicles in the European countries, especially in
Netherlands, and Germany can be attributed to the anticipated lucrative growth of
the wireless EV charging market in Europe. Presence of leading OEM plants,
increasing purchasing power among working class and government aids are fuelling
lucrative growth opportunities in the APAC region.
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Competitive Landscape:
+ Tier 1 players- established companies in the market with a major market share
+ Tier 2 players
+ Emerging players which are growing rapidly
+ New Entrants
FutureWise Key Takeaways
+ Growth prospects
+ SWOT analysis
+ Key trends
+ Key data-points affecting market growth
Objectives of the Study:
+ To provide an exhaustive analysis on global wireless electric vehicle charging
market on the basis of distribution channel, by vehicle type, by power source and
regions
+ To cater comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
+ To evaluate and forecast micro-markets and the overall market
+ To predict the market size, in key regions (along with countries)—North America,
Europe, Asia Pacific, Latin America, and the Middle East
+ To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
+ Profiling of companies to evaluate their market shares, strategies, financials and
core competencies
Table of Contents
Introduction
Report description
Key benefits for stakeholders
Key market segments
Research methodology
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Primary research
Secondary research
Executive summary
Market overview
Market definition and scope
Key player positioning, 2019
Market dynamics
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Drivers
Restraint
Opportunities
Wireless Electric Vehicle Charging Market, By Power Source
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Overview
3–<11 kW
11–50 kW
>50 kW
Wireless Electric Vehicle Charging Market, By Installation
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Overview
Home
Commercial
Wireless Electric Vehicle Charging Market, By Distribution Channel
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Overview
OEMs
Aftermarket
Wireless Electric Vehicle Charging Market, By Vehicle Type
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Overview
BEVs
HEVs
Commercial EV
Wireless Electric Vehicle Charging Market, By Region
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U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Taiwan
Rest of Asia-Pacific
LAMEA
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Latin America
Company Profiles
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Continental AG
Robert Bosch GmbH
Qualcomm, Inc
Toyota Motor Corporation.
Powermat technologies ltd.
Qualcomm technologies, inc
Texas instruments inc.
Witricity corporation
Toshiba Corporation
Elix Wireless
Evatran Group Inc
Inquire further details about this report at: [email protected]
About FutureWise Research:
We specialise in high-growth niche markets, assuring flexibility, agility and
customised solutions for our clients. Through in-depth market insights and
consultancy, we present our clients with the tools they need to be at the forefront of
their industry – a position secured for far more than the near future.
Contact Us:
Company Name: FutureWise Research
Contact Person: Vinay Thaploo
Email: [email protected]
Phone: +44 141 628 9353 / +1 970 279 4295
City: Leeds
Country: United Kingdom
Website: www.futurewiseresearch.com
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