Press release
Global Automotive Inductive Wireless Charging Systems Market Development and Forecast Report 2019 | QY Research
Electric vehicles are gaining importance in modern times because of the rise in global fuel prices and alarming levels of air pollution. There is widespread concern about the negative effects of global warming. In such a scenario the rapid adoption of electric vehicles is seen as the most viable solution. The time taken to charge electric vehicles was one of the major concerns, but with the advent of wireless inductive charging this issue has been resolved. Inductive wireless charging is considered a major breakthrough as it has made the use of plugs and cords redundant. Inductive charging takes place when an electromagnetic field transfers energy between two coils.Currently, The industry concentration is high, the technical barriers and financial barriers of Automotive Inductive Wireless Charging Systems are also high. The companies in the world that produce Automotive Inductive Wireless Charging Systems mainly concentrate in North America, Europe, Raw materials are also concentrated in these regions. In particular, as the market leader in Automotive Inductive Wireless Charging Systems, Bosch take the global market share of about 44.37% in 2015, other key manufacturers include Qualcomm, Texas Instruments, WiTricity, Fulton Innovation. The production of Automotive Inductive Wireless Charging Systems increased from 2048 K USD in 2014 to 18892 K USD in 2016, with an average growth rate of more than 200%.
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In consumption market, the growth rate of global consumption is explosive. North America, Europe, China, Japan, Korea, Taiwan are still the mainly consumption regions, due to the advanced production technology and rapid development of economy. The global market for Automotive Inductive Wireless Charging Systems is expected to reach about 261915 K USD by 2022 from 18892 K USD in 2016.
The global Automotive Inductive Wireless Charging Systems market is valued at 28 million US$ in 2018 is expected to reach 700 million US$ by the end of 2025, growing at a CAGR of 49.5% during 2019-2025.
This report focuses on Automotive Inductive Wireless Charging Systems volume and value at global level, regional level and company level. From a global perspective, this report represents overall Automotive Inductive Wireless Charging Systems market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Bosch, Qualcomm, Texas Instruments, WiTricity, Fulton Innovation
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Segment by Regions
North America
Europe
China
Japan
Segment by Type
Low Purity Titanium Sputtering Target, High Purity Titanium Sputtering Target, Ultra High Purity Titanium Sputtering Target
Segment by Application
Passenger Vehicles, Commercial Vehicles
Click to view Tables, Charts, Figures, TOC, and Companies Mentioned in the global GaN Devices market Report: https://www.qyresearch.com/index/detail/958140/global-automotive-inductive-wireless-charging-systems-market
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