Wireless EV Charging Market 2022 Global Size, Industry Trends, Revenue, Future Scope and Outlook 2027

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Wireless EV Charging Market is expected to reach at US$ 355.96 Mn. by 2027. The functioning concept of wireless charging is similar to that of a transformer. There are transmitter and receiver in wireless charging. A 220V 50Hz AC supply is converted into a high frequency alternating current, which is then supplied to the transmitter coil, which creates an alternating magnetic field that cuts the receiver coil and causes AC power output in the receiver coil.

Wireless EV Charging Market size was valued at US$ 7.96 Mn. in 2021 and the total revenue is expected to grow at a CAGR of 88.4% through 2022 to 2027, reaching nearly US$ 355.96 Mn.

Wireless EV Charging Market Overview:

The Wireless EV Charging Market research evaluates the market’s major characteristics using a variety of factors such as supply, demand, feasibility, and current trends. The Wireless EV Charging Market research also provides forecasts for the years 2022-2027. The Wireless EV Charging report estimates and forecasts potential growth in the worldwide Wireless EV Charging market at each point in time, based on statistical data and in-depth research that takes into account both qualitative and quantitative values of significant elements such as historical, current, and future trends. The study also looks at the current Wireless EV Charging market as well as the market’s prospects. A thorough examination of business execution, market share, and cost analysis data is also included in the study.

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In this research, we discuss all market aspects. Positive aspects, constraints, possibilities, and problems are all discussed in depth in the paper, and all data is gathered from press releases and yearly reports. The goal of the study is to propose a patent-based strategy for finding possible technology partners as a tool for encouraging open innovation. The report’s market share research and comparison of the leading players allow users to take additional steps in their organization’s growth or improvement.

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Wireless EV Charging Market Segmentation:

The market is divided into three categories based on power supply range: 3- to 11 kW, 11 to 50 kW, and > 50 kW. By 2027, the 3- to 11-Kw power supply range segment is anticipated to have the highest market share of Wireless charging systems with a 3–11 kW capacity are used for small and mid-sized battery-powered electric vehicles. At this power level, the wireless charging system can be made small and light enough to fit anyplace. This makes it a great option for charging at both home and work. A 3.3 kW wireless charger for the Nissan Leaf and Chevrolet Volt has been made available by Plugless Power Inc.

Wireless EV Charging Market Key Players:

• PowerbyProxi Limited
• Energids Corp.
• WiBotic Inc.
• PowerSquare Inc.
• Aircharge
• Tecnomen Corporation
• Steca Elektronik GmbH
• Lumen Australia
• ECOtality
• Momentum Dynamics
• ZENS
• Freewire Technologies
• CIRCONTROL
• Swiftmile

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Regional Trends:

North America (U.S., Canada)

Europe (U.K., Germany, France, Italy)

Asia Pacific (China, India, Japan, Singapore, Malaysia, South Korea )

Latin America (Brazil, Mexico, Argentina, Chile)

Middle East & Africa (South Africa, Egypt, and Saudi Arabia)

COVID-19 Impact on Wireless EV Charging Market:

Our team is analyzing the influence of COVID 19 on various industry verticals and providing authenticated data to our clients. This information is useful in determining market conditions. To comprehend the impact and factors of COVID 19 on the worldwide Wireless EV Charging market, consult our expert monitoring, which explains all the influencing elements and COVID impact on each key player.

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