Wireless Charging for Electric Vehicle Market Outlook and Strategic Insights by 2031

MARKET INTRODUCTION

Cordless charging, also known as conductive charging, is a form of wireless charging. Wireless charging works by transmitting energy between two points or objects using an electric field called electromagnetic induction. In order to conduct wireless charging for an electric vehicle, a charging station is required. For the past decade, significant research has been conducted in the field of electric vehicle (EV) wireless technology, as electric vehicles are expected to be a critical part of the automotive industry's future.

MARKET DYNAMICS

The rise in oil prices, growing demand for electric vehicles, expanding infrastructure for quick or dash chargers, and rising customer demand for convenience features are all contributing to the growth of the wireless charging for electric vehicles market. However, one of the major factors limiting the growth of wireless charging for electric vehicle market is the high cost of upgrading to the technology. The growing demand for PHEVs and BEVs is expected to drive the overall growth of the wireless charging for electric vehicle market.

MARKET SCOPE

The "Global Wireless Charging For Electric Vehicle Market Analysis to 2031" is a specialized and in-depth study of the Wireless charging for electric vehicle Market with a special focus on the global market trend analysis. The report aims to provide an overview of Wireless charging for electric vehicle market with detailed market segmentation by application, component, charging type. The global wireless charging for electric vehicle market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading wireless charging for electric vehicle market player and offers key trends and opportunities in the wireless charging for electric vehicle market.

MARKET SEGMENTATION

The global wireless charging for electric vehicle market is segmented based on application, component, charging type. On the basis of application, the market is segmented as public/commercial charging station, home charging unit. On the basis of component, the market is segmented as base charging pad, power control unit, vehicle charging pad. On the basis of charging type, the market is segmented as class- A, class- B, class- C. On the basis of application, the market is segmented as dynamic wireless charging system, stationary wireless charging system.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global wireless charging for electric vehicle market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The wireless charging for electric vehicle market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting wireless charging for electric vehicle Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the wireless charging for electric vehicle market in these regions.

MARKET PLAYERS

The reports cover key developments in the wireless charging for electric vehicle market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from wireless charging for electric vehicle market are anticipated to lucrative growth opportunities in the future with the rising demand for wireless charging for electric vehicle market. Below mentioned is the list of few companies engaged in the Wireless charging for electric vehicle market.

The report also includes the profiles of key wireless charging for electric vehicle market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

• Bombardier Inc
• Continental AG
• Efacec
• ELIX Wireless Charging Systems Inc
• Hyundai Motor Group
• Momentum Wireless Power
• Mojo Mobility, Inc
• Robert Bosch GmbH
• Toshiba Corporation
• WiTricity Corporation

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Wireless Charging for Electric Vehicle Report Scope