Wireless EV Charging Market - Size and Forecast [2024-2031]
The Wireless EV Charging Market is expected to register a CAGR of 43.3% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by By Propulsion Type (Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicle (PHEV)); Charging Station Type (Commercial Charging Stations, Home Charging Stations); Component (Vehicle Charging Pad, Base Charging Pad, Power Control Unit); Power Supply Range (3-11 kW, 11-50 kW, More Than 50 kW); Vehicle Type (Passenger Cars (PC), Electric Commercial Vehicle (ECV), Electric Two Wheeler). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Wireless EV Charging Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Wireless EV Charging Market Segmentation
Propulsion Type- Battery Electric Vehicle
- Plug-In Hybrid Electric Vehicle
- Commercial Charging Stations
- Home Charging Stations
- Vehicle Charging Pad
- Base Charging Pad
- Power Control Unit
- 3-11 kW
- 11-50 kW
- More Than 50 kW
- 3-11 kW
- 11-50 kW
- More Than 50 kW
Strategic Insights
Wireless EV Charging Market Growth Drivers- Increasing Adoption of Electric Vehicles (EVs): Primary Driver Growth in the wireless EV charging market is driven by the factor of increased adoption of electric vehicles. An increasing consumer trend of embracing electric vehicles leads to great demand for easily accessible charging solutions.
- Government Policies and Incentives: Supportive government policies and incentives are being provided to popularise the use of electric vehicles. Several governments are coming up with rules and offering fiscal incentives to promote the installation of charging infrastructure, which would be the most critical element for the support of increasingly growing EVs on the road.
- Convenience and User Experience: Convenience is one of the most important advantages that wireless charging provides over a wired alternative. The lack of necessity to plug in a vehicle makes this user-friendly feature appealing to EV owners, especially in residential and public charging settings. As consumers seek hassle-free solutions, wireless charging becomes an attractive option, encouraging broader market adoption.
- Expansion of Charging Infrastructure: There is a massive opportunity for businesses to invest and expand charging infrastructure. With the increase in electric vehicles, there is more demand for charging stations not only in cities but also on highways, presenting an unprecedented market for new entrants and established players alike.
- Technological Advancements in the Market: Technological advancements in wireless charging and ultra-fast charging solutions will fuel the market. Companies that can develop and implement innovative charging technologies to avoid getting left behind will be ahead of the game and satisfy the demand to better charging options
- Growth of Home Charging Solutions: The key growth area is in the home charging solution. The activity in home charging solutions has been on an increasing scale because many of the EV owners prefer charging their vehicles at their homes, both owners who have private parking space and those who also avail public parks. It gives a boost to the development of home charging stations along with related technologies.
- Inductive Charging Technology: Inductive charging, the core technology in wireless EV charging, is now rapidly gaining momentum. Increasingly efficient and better at power transfer, inductive charging pads are being installed on roads or parking spaces, which is revolutionizing how EVs are charged in a convenient and accessible manner.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Wireless EV Charging Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Wireless EV Charging Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
The leading players operating in the Wireless EV Charging Market include Continental AG, Elix Wireless, Evatran Group Inc., Hella KGaA Hueck Co, Qualcomm Inc, Robert Bosch GmbH, Toshiba Corporation, Toyota Motor Corporation, and Witricity Corporation
Growth of Home Charging Solutions is the key future trend of the Wireless EV Charging Market
The Wireless EV Charging Market is estimated to witness a CAGR of 43.3% from 2023 to 2031
The major factors driving the Wireless EV Charging Market are: Increasing Adoption of Electric Vehicles (EVs)#Government Policies and Incentives
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Wireless EV Charging Market - By Propulsion Type
1.3.2 Wireless EV Charging Market - By Charging Station Type
1.3.3 Wireless EV Charging Market - By Component
1.3.4 Wireless EV Charging Market - By Power Supply Range
1.3.5 Wireless EV Charging Market - By Vehicle Type
1.3.6 Wireless EV Charging Market - By Region
1.3.6.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. WIRELESS EV CHARGING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. WIRELESS EV CHARGING MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. WIRELESS EV CHARGING MARKET - GLOBAL MARKET ANALYSIS
6.1. WIRELESS EV CHARGING - GLOBAL MARKET OVERVIEW
6.2. WIRELESS EV CHARGING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. WIRELESS EV CHARGING MARKET - REVENUE AND FORECASTS TO 2028 - PROPULSION TYPE
7.1. OVERVIEW
7.2. PROPULSION TYPE MARKET FORECASTS AND ANALYSIS
7.3. BATTERY ELECTRIC VEHICLE (BEV)
7.3.1. Overview
7.3.2. Battery Electric Vehicle (BEV) Market Forecast and Analysis
7.4. PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV)
7.4.1. Overview
7.4.2. Plug-In Hybrid Electric Vehicle (PHEV) Market Forecast and Analysis
8. WIRELESS EV CHARGING MARKET - REVENUE AND FORECASTS TO 2028 - CHARGING STATION TYPE
8.1. OVERVIEW
8.2. CHARGING STATION TYPE MARKET FORECASTS AND ANALYSIS
8.3. COMMERCIAL CHARGING STATIONS
8.3.1. Overview
8.3.2. Commercial Charging Stations Market Forecast and Analysis
8.4. HOME CHARGING STATIONS
8.4.1. Overview
8.4.2. Home Charging Stations Market Forecast and Analysis
9. WIRELESS EV CHARGING MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
9.1. OVERVIEW
9.2. COMPONENT MARKET FORECASTS AND ANALYSIS
9.3. VEHICLE CHARGING PAD
9.3.1. Overview
9.3.2. Vehicle Charging Pad Market Forecast and Analysis
9.4. BASE CHARGING PAD
9.4.1. Overview
9.4.2. Base Charging Pad Market Forecast and Analysis
9.5. POWER CONTROL UNIT
9.5.1. Overview
9.5.2. Power Control Unit Market Forecast and Analysis
10. WIRELESS EV CHARGING MARKET - REVENUE AND FORECASTS TO 2028 - POWER SUPPLY RANGE
10.1. OVERVIEW
10.2. POWER SUPPLY RANGE MARKET FORECASTS AND ANALYSIS
10.3. 3-11 KW
10.3.1. Overview
10.3.2. 3-11 kW Market Forecast and Analysis
10.4. 11-50 KW
10.4.1. Overview
10.4.2. 11-50 kW Market Forecast and Analysis
10.5. MORE THAN 50 KW
10.5.1. Overview
10.5.2. More Than 50 kW Market Forecast and Analysis
11. WIRELESS EV CHARGING MARKET - REVENUE AND FORECASTS TO 2028 - VEHICLE TYPE
11.1. OVERVIEW
11.2. VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
11.3. PASSENGER CARS (PC)
11.3.1. Overview
11.3.2. Passenger Cars (PC) Market Forecast and Analysis
11.4. ELECTRIC COMMERCIAL VEHICLE (ECV)
11.4.1. Overview
11.4.2. Electric Commercial Vehicle (ECV) Market Forecast and Analysis
11.5. ELECTRIC TWO WHEELER
11.5.1. Overview
11.5.2. Electric Two Wheeler Market Forecast and Analysis
12. WIRELESS EV CHARGING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America Wireless EV Charging Market Overview
12.1.2 North America Wireless EV Charging Market Forecasts and Analysis
12.1.3 North America Wireless EV Charging Market Forecasts and Analysis - By Propulsion Type
12.1.4 North America Wireless EV Charging Market Forecasts and Analysis - By Charging Station Type
12.1.5 North America Wireless EV Charging Market Forecasts and Analysis - By Component
12.1.6 North America Wireless EV Charging Market Forecasts and Analysis - By Power Supply Range
12.1.7 North America Wireless EV Charging Market Forecasts and Analysis - By Vehicle Type
12.1.8 North America Wireless EV Charging Market Forecasts and Analysis - By Countries
12.1.8.1 United States Wireless EV Charging Market
12.1.8.1.1 United States Wireless EV Charging Market by Propulsion Type
12.1.8.1.2 United States Wireless EV Charging Market by Charging Station Type
12.1.8.1.3 United States Wireless EV Charging Market by Component
12.1.8.1.4 United States Wireless EV Charging Market by Power Supply Range
12.1.8.1.5 United States Wireless EV Charging Market by Vehicle Type
12.1.8.2 Canada Wireless EV Charging Market
12.1.8.2.1 Canada Wireless EV Charging Market by Propulsion Type
12.1.8.2.2 Canada Wireless EV Charging Market by Charging Station Type
12.1.8.2.3 Canada Wireless EV Charging Market by Component
12.1.8.2.4 Canada Wireless EV Charging Market by Power Supply Range
12.1.8.2.5 Canada Wireless EV Charging Market by Vehicle Type
12.1.8.3 Mexico Wireless EV Charging Market
12.1.8.3.1 Mexico Wireless EV Charging Market by Propulsion Type
12.1.8.3.2 Mexico Wireless EV Charging Market by Charging Station Type
12.1.8.3.3 Mexico Wireless EV Charging Market by Component
12.1.8.3.4 Mexico Wireless EV Charging Market by Power Supply Range
12.1.8.3.5 Mexico Wireless EV Charging Market by Vehicle Type
12.2. EUROPE
12.2.1 Europe Wireless EV Charging Market Overview
12.2.2 Europe Wireless EV Charging Market Forecasts and Analysis
12.2.3 Europe Wireless EV Charging Market Forecasts and Analysis - By Propulsion Type
12.2.4 Europe Wireless EV Charging Market Forecasts and Analysis - By Charging Station Type
12.2.5 Europe Wireless EV Charging Market Forecasts and Analysis - By Component
12.2.6 Europe Wireless EV Charging Market Forecasts and Analysis - By Power Supply Range
12.2.7 Europe Wireless EV Charging Market Forecasts and Analysis - By Vehicle Type
12.2.8 Europe Wireless EV Charging Market Forecasts and Analysis - By Countries
12.2.8.1 Germany Wireless EV Charging Market
12.2.8.1.1 Germany Wireless EV Charging Market by Propulsion Type
12.2.8.1.2 Germany Wireless EV Charging Market by Charging Station Type
12.2.8.1.3 Germany Wireless EV Charging Market by Component
12.2.8.1.4 Germany Wireless EV Charging Market by Power Supply Range
12.2.8.1.5 Germany Wireless EV Charging Market by Vehicle Type
12.2.8.2 France Wireless EV Charging Market
12.2.8.2.1 France Wireless EV Charging Market by Propulsion Type
12.2.8.2.2 France Wireless EV Charging Market by Charging Station Type
12.2.8.2.3 France Wireless EV Charging Market by Component
12.2.8.2.4 France Wireless EV Charging Market by Power Supply Range
12.2.8.2.5 France Wireless EV Charging Market by Vehicle Type
12.2.8.3 Italy Wireless EV Charging Market
12.2.8.3.1 Italy Wireless EV Charging Market by Propulsion Type
12.2.8.3.2 Italy Wireless EV Charging Market by Charging Station Type
12.2.8.3.3 Italy Wireless EV Charging Market by Component
12.2.8.3.4 Italy Wireless EV Charging Market by Power Supply Range
12.2.8.3.5 Italy Wireless EV Charging Market by Vehicle Type
12.2.8.4 United Kingdom Wireless EV Charging Market
12.2.8.4.1 United Kingdom Wireless EV Charging Market by Propulsion Type
12.2.8.4.2 United Kingdom Wireless EV Charging Market by Charging Station Type
12.2.8.4.3 United Kingdom Wireless EV Charging Market by Component
12.2.8.4.4 United Kingdom Wireless EV Charging Market by Power Supply Range
12.2.8.4.5 United Kingdom Wireless EV Charging Market by Vehicle Type
12.2.8.5 Russia Wireless EV Charging Market
12.2.8.5.1 Russia Wireless EV Charging Market by Propulsion Type
12.2.8.5.2 Russia Wireless EV Charging Market by Charging Station Type
12.2.8.5.3 Russia Wireless EV Charging Market by Component
12.2.8.5.4 Russia Wireless EV Charging Market by Power Supply Range
12.2.8.5.5 Russia Wireless EV Charging Market by Vehicle Type
12.2.8.6 Rest of Europe Wireless EV Charging Market
12.2.8.6.1 Rest of Europe Wireless EV Charging Market by Propulsion Type
12.2.8.6.2 Rest of Europe Wireless EV Charging Market by Charging Station Type
12.2.8.6.3 Rest of Europe Wireless EV Charging Market by Component
12.2.8.6.4 Rest of Europe Wireless EV Charging Market by Power Supply Range
12.2.8.6.5 Rest of Europe Wireless EV Charging Market by Vehicle Type
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific Wireless EV Charging Market Overview
12.3.2 Asia-Pacific Wireless EV Charging Market Forecasts and Analysis
12.3.3 Asia-Pacific Wireless EV Charging Market Forecasts and Analysis - By Propulsion Type
12.3.4 Asia-Pacific Wireless EV Charging Market Forecasts and Analysis - By Charging Station Type
12.3.5 Asia-Pacific Wireless EV Charging Market Forecasts and Analysis - By Component
12.3.6 Asia-Pacific Wireless EV Charging Market Forecasts and Analysis - By Power Supply Range
12.3.7 Asia-Pacific Wireless EV Charging Market Forecasts and Analysis - By Vehicle Type
12.3.8 Asia-Pacific Wireless EV Charging Market Forecasts and Analysis - By Countries
12.3.8.1 Australia Wireless EV Charging Market
12.3.8.1.1 Australia Wireless EV Charging Market by Propulsion Type
12.3.8.1.2 Australia Wireless EV Charging Market by Charging Station Type
12.3.8.1.3 Australia Wireless EV Charging Market by Component
12.3.8.1.4 Australia Wireless EV Charging Market by Power Supply Range
12.3.8.1.5 Australia Wireless EV Charging Market by Vehicle Type
12.3.8.2 China Wireless EV Charging Market
12.3.8.2.1 China Wireless EV Charging Market by Propulsion Type
12.3.8.2.2 China Wireless EV Charging Market by Charging Station Type
12.3.8.2.3 China Wireless EV Charging Market by Component
12.3.8.2.4 China Wireless EV Charging Market by Power Supply Range
12.3.8.2.5 China Wireless EV Charging Market by Vehicle Type
12.3.8.3 India Wireless EV Charging Market
12.3.8.3.1 India Wireless EV Charging Market by Propulsion Type
12.3.8.3.2 India Wireless EV Charging Market by Charging Station Type
12.3.8.3.3 India Wireless EV Charging Market by Component
12.3.8.3.4 India Wireless EV Charging Market by Power Supply Range
12.3.8.3.5 India Wireless EV Charging Market by Vehicle Type
12.3.8.4 Japan Wireless EV Charging Market
12.3.8.4.1 Japan Wireless EV Charging Market by Propulsion Type
12.3.8.4.2 Japan Wireless EV Charging Market by Charging Station Type
12.3.8.4.3 Japan Wireless EV Charging Market by Component
12.3.8.4.4 Japan Wireless EV Charging Market by Power Supply Range
12.3.8.4.5 Japan Wireless EV Charging Market by Vehicle Type
12.3.8.5 South Korea Wireless EV Charging Market
12.3.8.5.1 South Korea Wireless EV Charging Market by Propulsion Type
12.3.8.5.2 South Korea Wireless EV Charging Market by Charging Station Type
12.3.8.5.3 South Korea Wireless EV Charging Market by Component
12.3.8.5.4 South Korea Wireless EV Charging Market by Power Supply Range
12.3.8.5.5 South Korea Wireless EV Charging Market by Vehicle Type
12.3.8.6 Rest of Asia-Pacific Wireless EV Charging Market
12.3.8.6.1 Rest of Asia-Pacific Wireless EV Charging Market by Propulsion Type
12.3.8.6.2 Rest of Asia-Pacific Wireless EV Charging Market by Charging Station Type
12.3.8.6.3 Rest of Asia-Pacific Wireless EV Charging Market by Component
12.3.8.6.4 Rest of Asia-Pacific Wireless EV Charging Market by Power Supply Range
12.3.8.6.5 Rest of Asia-Pacific Wireless EV Charging Market by Vehicle Type
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa Wireless EV Charging Market Overview
12.4.2 Middle East and Africa Wireless EV Charging Market Forecasts and Analysis
12.4.3 Middle East and Africa Wireless EV Charging Market Forecasts and Analysis - By Propulsion Type
12.4.4 Middle East and Africa Wireless EV Charging Market Forecasts and Analysis - By Charging Station Type
12.4.5 Middle East and Africa Wireless EV Charging Market Forecasts and Analysis - By Component
12.4.6 Middle East and Africa Wireless EV Charging Market Forecasts and Analysis - By Power Supply Range
12.4.7 Middle East and Africa Wireless EV Charging Market Forecasts and Analysis - By Vehicle Type
12.4.8 Middle East and Africa Wireless EV Charging Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa Wireless EV Charging Market
12.4.8.1.1 South Africa Wireless EV Charging Market by Propulsion Type
12.4.8.1.2 South Africa Wireless EV Charging Market by Charging Station Type
12.4.8.1.3 South Africa Wireless EV Charging Market by Component
12.4.8.1.4 South Africa Wireless EV Charging Market by Power Supply Range
12.4.8.1.5 South Africa Wireless EV Charging Market by Vehicle Type
12.4.8.2 Saudi Arabia Wireless EV Charging Market
12.4.8.2.1 Saudi Arabia Wireless EV Charging Market by Propulsion Type
12.4.8.2.2 Saudi Arabia Wireless EV Charging Market by Charging Station Type
12.4.8.2.3 Saudi Arabia Wireless EV Charging Market by Component
12.4.8.2.4 Saudi Arabia Wireless EV Charging Market by Power Supply Range
12.4.8.2.5 Saudi Arabia Wireless EV Charging Market by Vehicle Type
12.4.8.3 U.A.E Wireless EV Charging Market
12.4.8.3.1 U.A.E Wireless EV Charging Market by Propulsion Type
12.4.8.3.2 U.A.E Wireless EV Charging Market by Charging Station Type
12.4.8.3.3 U.A.E Wireless EV Charging Market by Component
12.4.8.3.4 U.A.E Wireless EV Charging Market by Power Supply Range
12.4.8.3.5 U.A.E Wireless EV Charging Market by Vehicle Type
12.4.8.4 Rest of Middle East and Africa Wireless EV Charging Market
12.4.8.4.1 Rest of Middle East and Africa Wireless EV Charging Market by Propulsion Type
12.4.8.4.2 Rest of Middle East and Africa Wireless EV Charging Market by Charging Station Type
12.4.8.4.3 Rest of Middle East and Africa Wireless EV Charging Market by Component
12.4.8.4.4 Rest of Middle East and Africa Wireless EV Charging Market by Power Supply Range
12.4.8.4.5 Rest of Middle East and Africa Wireless EV Charging Market by Vehicle Type
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America Wireless EV Charging Market Overview
12.5.2 South and Central America Wireless EV Charging Market Forecasts and Analysis
12.5.3 South and Central America Wireless EV Charging Market Forecasts and Analysis - By Propulsion Type
12.5.4 South and Central America Wireless EV Charging Market Forecasts and Analysis - By Charging Station Type
12.5.5 South and Central America Wireless EV Charging Market Forecasts and Analysis - By Component
12.5.6 South and Central America Wireless EV Charging Market Forecasts and Analysis - By Power Supply Range
12.5.7 South and Central America Wireless EV Charging Market Forecasts and Analysis - By Vehicle Type
12.5.8 South and Central America Wireless EV Charging Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil Wireless EV Charging Market
12.5.8.1.1 Brazil Wireless EV Charging Market by Propulsion Type
12.5.8.1.2 Brazil Wireless EV Charging Market by Charging Station Type
12.5.8.1.3 Brazil Wireless EV Charging Market by Component
12.5.8.1.4 Brazil Wireless EV Charging Market by Power Supply Range
12.5.8.1.5 Brazil Wireless EV Charging Market by Vehicle Type
12.5.8.2 Argentina Wireless EV Charging Market
12.5.8.2.1 Argentina Wireless EV Charging Market by Propulsion Type
12.5.8.2.2 Argentina Wireless EV Charging Market by Charging Station Type
12.5.8.2.3 Argentina Wireless EV Charging Market by Component
12.5.8.2.4 Argentina Wireless EV Charging Market by Power Supply Range
12.5.8.2.5 Argentina Wireless EV Charging Market by Vehicle Type
12.5.8.3 Rest of South and Central America Wireless EV Charging Market
12.5.8.3.1 Rest of South and Central America Wireless EV Charging Market by Propulsion Type
12.5.8.3.2 Rest of South and Central America Wireless EV Charging Market by Charging Station Type
12.5.8.3.3 Rest of South and Central America Wireless EV Charging Market by Component
12.5.8.3.4 Rest of South and Central America Wireless EV Charging Market by Power Supply Range
12.5.8.3.5 Rest of South and Central America Wireless EV Charging Market by Vehicle Type
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. WIRELESS EV CHARGING MARKET, KEY COMPANY PROFILES
14.1. CONTINENTAL AG
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. ELIX WIRELESS
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. EVATRAN GROUP INC.
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. HELLA KGAA HUECK CO.
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. QUALCOMM, INC.
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. ROBERT BOSCH GMBH
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. TOSHIBA CORPORATION
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. TOYOTA MOTOR CORPORATION
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. WITRICITY CORPORATION
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. ZTE CORPORATION
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
1. Continental AG2. Elix Wireless3. Evatran Group Inc.4. Hella KGaA Hueck Co.5. Qualcomm, Inc.6. Robert Bosch GmbH7. Toshiba Corporation8. Toyota Motor Corporation9. Witricity Corporation10. ZTE Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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