Press release
Automotive Inductive Wireless Charging Systems Market: In-Depth Analysis on Size, Market Challenges, Revenue by 2023 | Bosch, Qualcomm, Texas Instruments, WiTricity
Automotive Inductive Wireless Charging Systems Market
Global Automotive Inductive Wireless Charging Systems Market Overview:
The Automotive Inductive Wireless Charging Systems industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Automotive Inductive Wireless Charging Systems market size to maintain the average annual growth rate of 0.430969081105 from 5.0 million $ in 2014 to 30.0 million $ in 2018, Market analysts believe that in the next few years, Automotive Inductive Wireless Charging Systems market size will be further expanded, we expect that by 2023, The market size of the Automotive Inductive Wireless Charging Systems will reach 220.0 million $.
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Top Industry News:
Bosch Limited, a leading supplier of technology and services, ended its fiscal year 2018-19 with a total revenue from operations of INR 12,258 crores (1.49 billion euros), thus registering an increase of 4.9 percent compared to the previous fiscal year. “Bosch India remains focused on achieving a sustainable and profitable growth. Through targeted investments, infrastructural developments within the organization and adaptation of technology we look to secure our business in challenging times for the automotive industry in the country,” said Soumitra Bhattacharya, Managing Director, Bosch Ltd.
WiTricity, the industry pioneer in wireless power transfer over distance, today announced it is working with Furukawa Electric to test an advanced wireless charging system prototype for electric vehicles (EVs) that uses Furukawa’s latest technologies. The companies are working together to test WiTricity’s DRIVE 11 park-and-charge system, designed for maximum efficiency and interoperability across vehicle platforms with materials and components developed by Furukawa. The testing focuses on wireless charging systems at 7.7 and 11 kW charge rates and are intended to comply with standards proposed by SAE International’s J2954 Committee.
The major Factors of Global Automotive Inductive Wireless Charging Systems market, such as an expanding interest for HEVs and EVs as one of the essential factors that will trigger the development of the Automotive Inductive Wireless Charging Systems Market in the coming years.
The Global Automotive Inductive Wireless Charging Systems Market report additionally covers segment information, including Product Type segment, Application: Industry segment, End User, Channel segment.
According to the Automotive Inductive Wireless Charging Systems Market Analysis, One of the key patterns in the automotive inductive wireless charging systems showcase is the presentation of on-street dynamic wireless charging systems. At present, the automotive inductive wireless charging systems are stationery attributable to the establishment of the charging cushions in parking spaces. Our expert's gauge that the semi-dynamic and dynamic wireless charging systems will be accessible in the following five years. The benefit of these systems is that the PEVs can be charged while preceding onward the street.
According to regions, North America is a major automotive inductive wireless charging market. The U.S. is the dominant market in the region as it is the second largest automotive and passenger vehicle market in the world. Canada and Mexico are other major markets in North America. Europe is another major automotive inductive wireless charging market.
Top Leading Key Manufacturers are: Bosch, Qualcomm, Texas Instruments, WiTricity, Fulton Innovation and More.
This investigation answers to the underneath key inquiries:
1 Who are the top players operating in the Automotive Inductive Wireless Charging Systems market?
2 What are the driving factors, restraints, opportunities, and challenges in the Automotive Inductive Wireless Charging Systems market?
3 What are the industry trends and the current scenario of the Automotive Inductive Wireless Charging Systems market?
4 What are the growth trends in the Automotive Inductive Wireless Charging Systems market at segmental and overall market levels?
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Global Automotive Inductive Wireless Charging Systems Market 2019-2023: The report has been prepared based on the synthesis, analysis, and interpretation of information about the global Automotive Inductive Wireless Charging Systems market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.
Significant points in table of contents: Market Definition, Market Overview, Business Introduction, Segmentation (Region Level), Segmentation (Type Level), Segmentation (Industry Level), Segmentation (Channel Level), Market Forecast Year, Segmentation Type, Segmentation Industry, Market Cost Analysis, and Conclusion.
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