Technology trends

Electric Vehicle (EV) Wireless Charging Market Size, Latest Technology Trends, EV Industry Growth, Global Demand by 2027

Electric Vehicle (EV) Wireless Charging Market

NEW YORK, USA, January 12, 2022 / — Market overview –

New research study on A Electric Vehicle (EV) Wireless Charging Market it is possible to use a single system to power all the electronics required for an automotive charging system. Wireless electric vehicle (EV) charging can easily be configured to power any number of electronic devices, from computers to laptops, cell phones to power tools, infrared detectors to GPS systems, power outlets cigarette lighter to real key fobs, and more. Using a single wireless electric vehicle (EV) simplifies the electronics process, significantly reducing the time and money spent on installation and wiring.

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Market dynamics –

Rapidly increasing demand for electric vehicles, especially in developing countries like India and China, is driving the expansion of the electric vehicle (EV) wireless charging market. The demand for electric vehicles is increasing every day in countries like India and China, driven by the need to reduce car emissions. The Federation of Automobile Dealers Association of India, for example, reported that 1,309 electric automobiles were sold in the region in 2019. Additionally, the electric vehicle (EV) wireless charging market is likely to grow. be boosted by the rapid increase in EV infrastructure and favorable government regulations. related to car ownership.

For example, the Indian government approved the second phase of the FAME India (Faster Adoption and Manufacturing of Electric Vehicles in India) program in March 2019. The government hopes that by implementing this system, the cost of electric and hybrid automobiles in India would be reduced and that electric vehicles will be used in both collective and public transport in the future. The high initial cost of setting up a wireless charging infrastructure, on the other hand, is the major impediment to the growth of the electric vehicle (EV) wireless charging market.

Drivers and Trends –

The research includes an in-depth examination of the various elements contributing to the growth of the Electric Vehicle (EV) Wireless Charging Market. It contains industry-specific growth potential, drivers, restraints, challenges, and risks, and opportunities that could negatively or positively impact the market. Each component has been carefully reviewed to provide a complete and accurate picture of the market.

Key Growing Companies of the Wireless Electric Vehicle (EV) Charging Market –

Bombardier Inc.
Continental AG
Wireless Elix
· Evatran Group Inc.
Hella KGaA Hueck & Co.
Qualcomm Inc.
Robert Bosch GmbH
Toshiba Company
Toyota Motor Corporation
Witricity Corporation
ZTE Company
Hevo Power

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Market segmentation –

On the basis of charging station type, the global electric vehicle wireless charging market is segmented into

· Commercial charging stations
Home charging stations

On the basis of components, the global electric vehicle wireless charging market is segmented into

Base load block
Power control unit
· Vehicle charging station

On the basis of charging type, the global electric vehicle wireless charging market is segmented into

Wireless dynamic charging system
Stationary wireless charging system

On the basis of power range, the global electric vehicle wireless charging market is segmented into

3 to 11 to 50kW
Above 50kW

On the basis of vehicle type, the global electric vehicle wireless charging market is segmented into

Passenger Cars (PC)
Electric Utility Vehicle (ECV)
Electric two-wheelers

Regional Ranking –

The Electric Vehicle (EV) Wireless Charging Market study provides insight into the market analysis and forecast on a regional and global scale. The document delves into the many growth opportunities and recent trends in five regions: Asia-Pacific (APAC), North America, Latin America, Europe, and Middle East and Africa (MEA). An in-depth analysis of the current trends, forecasts and various prospects that are expected to have a favorable impact on the market in the long term has been conducted across all regions. The report also includes the latest data on the technological advancements and growth opportunities in the context of the regional scene.

Research method –

The study presents first-hand information collected by key stakeholders through quantitative and qualitative assessments based on Porter’s Five Forces Model criteria. It elucidates macroeconomic statistics, parent market trends, and growth drivers. To better understand the market, primary (surveys, interviews, and questionnaires) and secondary (SEC filings, white paper references, and published reports) research was conducted. The data included in the study has undergone a multi-step verification process to ensure both the validity and quality of the information presented. The legitimacy of valuations and market segmentation is also ensured by bottom-up and top-down methodologies.

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Key takeaways from the report –

The major market players such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and others are examined in the report.
· There is a detailed description of each company. The research also includes information on capacity, production, price, revenue, cost, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, sourcing, future strategies and technological advancements of the company.
Market growth factors are thoroughly discussed along with the many end users of the market.
· Data and information by market player, domain, type, application and other criteria can be added, as well as bespoke searches tailored to unique needs.
· The SWOT analysis of the market is presented in this study.

Mr Shah
Coherent Market Insights Pvt. ltd.
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