Wireless EV Charging Market Booming at CAGR of 117.75% by 2026 profiling Schneider Electric, SAMSUNG SDI , TGOOD Global, TOSHIBA, ZTE,Blink, ABB, Alfen N.V, Allego B.V, Siemens AG

“Global Wireless EV Charging Market” is expected to rise to an estimated value of USD 844.25 million by 2026, registering a CAGR of 117.75% in the forecast period of 2019-2026. This rise in market value can be attributed to the rise in electric vehicles on the road. Wireless EV charging can be defined as the method of charging vehicles without the use of any wires while they are in motion or are fixed at the charging stations. This method of charging involves the vehicles to be incorporated with a power receiving coil installed underneath the vehicle’s surface and the power transmitting coil to be situated on the charging station so that the power can be transferred and the battery of the vehicles can be charged.

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Major Key players profiled in this report are:
Continental AG, Robert Bosch GmbH, Qualcomm Technologies Inc., Toyota Motor Corporation, Bombardier Inc., WiTricity Corporation, HELLA GmbH & Co. KGaA, EVATRAN GROUP, TOSHIBA CORPORATION, ZTE Corporation, ELIX Wireless, HEVO Power, AddÉnergie Technologies Inc., Blink Charging Co., ChargePoint Inc., ClipperCreek, EVgo Services LLC, Leviton Manufacturing Co. Inc., Semaconnect, ABB, Alfen N.V., Allego B.V., Siemens AG, Efacec, IONITY GmbH, Schneider Electric, SAMSUNG SDI CO.LTD., TGOOD Global Ltd., Automotive Energy Supply Corporation, Tritium Pty Ltd, and Mitsubishi Electric Corporation.

Wireless EV Charging Market Overview:
This report is one-stop repository of detailed and in-depth research report compiled by an extensive list of competitors from across the globe. It helps clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the future. Later, report focuses on regions operational coverage across the world mainly sales.

Major Market Drivers For Wireless EV Charging Industry

• Growing demand for electric vehicles and availability of electric vehicles on the road is expected to drive the market growth
• Increase in usage of electric vehicles and distance travelled by these vehicles is also expected to drive the market growth

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Market Segmentation:
By Installation Type
o Aftermarket
o Original Equipment Market
By Component
o Base Charging Pad
o Power Control Unit
o Vehicle Charging Pad
By Power Supply Range
o 3-11KW
o 11-50KW
o Less than 50KW
By Vehicle Type
o Passenger Cars
o Electric Commercial Vehicle
o Electric Two Wheeler

This Research provides an insight on Global Wireless EV Charging Market, By Installation Type (Aftermarket, OE Market), Propulsion Type (BEV, PHEV), Charging Station Type (Commercial Charging Stations, Home Charging Stations), Component (Base Charging Pad, Power Control Unit, Vehicle Charging Pad), Power Supply Range (3-11KW, 11-50KW, Less than 50KW), Charging Type (Dynamic Wireless Charging System, Stationery Wireless Charging System), Vehicle Type (Passenger Cars, Electric Commercial Vehicle, Electric Two Wheeler), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Competitive Analysis:
Global wireless EV charging market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of wireless EV charging market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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