Extensive Wireless EV Charging Market Evaluation:
The well-known global market intelligence business has published its most recent market research study on the Wireless EV Charging market. The complete research includes descriptive data as well as pictographs displaying market analysis for both regional and worldwide markets. Furthermore, the study digs into the market’s goals, throwing light on the market’s key rivals, their market value, current trending skims, strategies, targets, and goods. It also shows the market’s recent rise and provides vital insights into its instructive past.
Analyzing the Expansion and Assessment of the Wireless EV Charging Market:
The Wireless EV Charging Market was valued at US$ 34.48 Mn. in 2022 and is expected to reach US$ 506.58 Mn. by 2029, at a CAGR of 46.8% during a forecast period.
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Dynamics of the Wireless EV Charging Market:
Electric vehicles have various advantages, including lower fuel consumption (gasoline, diesel, and natural gas) and lower exhaust pollutants, which increases their global demand dramatically. During the projected period, electric or plug-in hybrid vehicles are likely to drive up demand for wireless charging. The wireless electric car charging industry is expanding its product portfolio and global footprint through various strategic efforts such as product development and partnership. Nichicon and Qualcomm, for example, have formed a strategic alliance. Nichicon will include Qualcomm Halo wireless electric vehicle charging (WEVC) technology into its product range and will focus on marketing Qualcomm Halo WEVC wireless electric vehicle charging technology for hybrid and electric vehicles, according to the conditions of the agreement.
Market Segmentation:
by Application
• Public/Commercial Charging Station
• Home Charging Unit
by Component
• Base Charging Pad
• Power Control Unit
• Vehicle Charging Pad
by Charging Type
• Dynamic Wireless Charging System
• Stationary Wireless Charging System
Stationary Wireless Charging System had the biggest market share of xx% in 2022, according to Charging Type. The stationary wireless charging solution is simple, secure, and reliable. This technology is compatible since drivers may charge their vehicles with any wireless charging equipment. Wireless charging is also possible in parking lots and public areas. The proliferation of stationary wireless charging devices has eased the creation of electric vehicle charging networks. Many businesses have installed stationary wireless charging stations.
In terms of propulsion, the BEV segment held the biggest market share in 2022. Wireless charging is currently available in Tesla, BMW, and Nissan BEV vehicles, including the Tesla Model S, BMW i3, and Nissan Leaf. OEMs are focusing on BEVs due to stringent government regulations aimed at curbing rising emissions. Rising BEV sales and government backing are expected to drive the total market.
Visit the research report’s summary to learn more about the market analysis
Market Scope:
The study dives further into the analysis of trending competitors, market growth, and dynamic trends. It provides vital insights into the market’s regional and global values and desires. It also helps to understand the competitive landscape and market potential in terms of production demand and supply. Psychographic, demographic, geographic, and behavioural segmentation are all important elements in segmentation analysis. These elements are critical in developing marketing strategies, targeted products, offers, and customer experiences. Porter’s analysis is used to assess an organization’s competitive position strength in order to increase profitability. Pestle analysis is also used to evaluate the validity of existing products and services in the context data. The SWOT analysis assesses the internal and external elements that influence a company’s advantages, disadvantages, strengths, and weaknesses. Overall, this report provides a thorough and detailed review of the Wireless EV Charging market.
Key Players:
• Robert Bosch GmbH
• Continental AG
• Toyota Motor Corporation
• Electroad
• Toshiba Corporation
• Lg Chem Ltd
• Witricity Corporation
• Wave
• Qualcomm, Inc.
• Bombardier Inc.
• Aerovironment Inc.
• Hella KGaA Hueck & Co.
• Evatran Group Inc.
• Mojo Mobility Inc.
• ZTE Corporation
• Elix Wireless
• Momentum Dynamics Corporation.
• HEVO Power
• Olev Technologies
Geographical Analysis of the Wireless EV Charging Market:
The study provides regional analysis that is formal, functional, and vernacular. It determines the most influential business sectors based on the biggest demand in various regions such as Asia Pacific, North America, Latin America, the Middle East, Europe, and Africa. The analysis provides useful insights into each region’s specific aims, tactics, and market values.
Key Questions Addressed in the Wireless EV Charging Market Report:
- What characterizes the Wireless EV Charging Market?
- What is the forecast period for the Wireless EV Charging Market?
- How does the competitive scenario look in the Wireless EV Charging market?
- Which region holds the largest market share in the Wireless EV Charging Market?
- What opportunities are available in the Wireless EV Charging Market?
- What factors influence the growth of the Wireless EV Charging market?
- Who are the key players in the Wireless EV Charging market?
- Which company holds the largest share in the Wireless EV Charging market?
- What will be the CAGR of the Wireless EV Charging market during the forecast period?
- What key trends are expected to emerge in the Wireless EV Charging market in the upcoming years?
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Key Offerings:
- Market Share, Size, and Forecast by Revenue|2024-2030
- Market Dynamics – Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Wireless EV Charging Market.
- Landscape – Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a versatile market research and consulting company, staffed with professionals from various industries. Our coverage extends to medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, communication, automotive, chemical products, general merchandise, beverages, personal care, and automated systems, among others. Our services encompass 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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