openPR Logo
Press release

Time Of Wireless Charging For Electric Vehicles Market Is On The Way: Novel Technologies And Rapid Partnerships To Pave The Way

03-09-2020 04:20 PM CET | Energy & Environment

Press release from: Allied Market Research

Wireless Charging For Electric Vehicles Market

Wireless Charging For Electric Vehicles Market

Wireless charging for electric vehicles is today's most cutting-edge technology. Why? It is the most efficient, futuristic, scalable-in short-awesome alternative we have to gasoline. While tech giants such as Uber are placing their bets on autonomous cars, major key players such as Jaguar Land Rover are mass-producing electric cars. What's more, Ford is releasing fully-electric SUV and other market players are on the verge of joining the trend.

Download Report Sample (235 Pages PDF with Insights) @ https://www.alliedmarketresearch.com/request-sample/5224

The more electric cars roam around the city, the more will be the demand for wireless charging. The global wireless electric vehicle charging market is expected to reach $1.48 billion by 2025, growing at a colossal CAGR of 21.8% from 2018 to 2025. This rapid growth is due to rise in sales of electric vehicles and increase in demand for energy-efficient sources as an alternative fuel.

What is wireless charging for an electric vehicle?
The wireless charging for electric vehicles involves inductive charging technology. It is quite similar to how charging of wireless phones works, just on a remarkably larger scale.

For wireless charging, the car must be in proximity to the charging station. The technology is still at the development stage as the efficiency of energy transfer as well as the distance between the charging coil and car is not sufficiently large.

Speak To The Analysts & Industry Experts Ask Any Questions @ https://www.alliedmarketresearch.com/connect-to-analyst/5224

In the ideal scenario, vehicles would get charged while it is moving or it is parked. This way, the users will not have to wait till the car is getting charge and the number of charging stations would reduce significantly.

Why choose wireless charging instead of wired charging stations?

Although getting rid of charging wires is the most attractive advantage of wireless charging electric vehicles, there are other silent factors as well. One of them is complete autonomy. The collective amount of money that tech giants have spent on R&D of driverless vehicles is in trillions. In the future, if the need to frequently stop for charging the autonomous vehicles has to stop, the use of wireless charging is a prerequisite.

Apart from this, an increased in wireless charging points is bound to reduce the battery size of the vehicle. This, in turn, would cut down costs as well as the weight of the vehicle.

Interested In Purchase The Data of Wireless Charging for Electric Vehicles Post Your Query Here @ https://www.alliedmarketresearch.com/purchase-enquiry/5224

However, there are a few challenges
Despite the fact that wireless charging would be a must-have for electric vehicles, there are a few potential drawbacks that need to be considered.

According to various studies, wireless charging for electric vehicles has potential for 90-93% energy efficiency. However, there would be a loss of energy, which would be significant on a large scale.

If we consider that wireless charging on the go, we need to develop infrastructure to support it. Moreover, it would be restricted to densely populated areas such as metro cities and a user would have to limit the travel to predefined locations.

The wireless charging for electric vehicles demands inductive charging technology, which creates magnetic fields that might be harmful to our health. However, there are not enough studies to support this statement.

Recent advancements in the industry
Currently, very limited number of countries are working on wireless charging for electric vehicles. Recently, the director of the Joint Transportation Research Program at Purdue University announced a collaboration with Germany-based Magment Concrete Wireless Power. The partnership aims to fulfill the future needs of electric vehicles including wireless charging.

As per the professor of civil engineering at Purdue, Darcy Bullock, the number of electric vehicles on the road is expected to increase and similarly, the country's infrastructure should improve as well. He believes that this partnership would help them focus, especially on smaller forms of transportation and the results could be applied for larger vehicles.
On the other hand, Link Transit and Momentum Dynamics Corporation extended their partnership through a five-year contract. Prior to this, they had successfully introduced and demonstrated the operation of wireless charging of buses.

With this extended partnership, Momentum Dynamics would offer novel charging systems and services for an electric fleet of Link Transit. Keeping in mind the current state of Washington, there is a dire need to take firm steps to reduce carbon emission. To do this, both of the companies plan to migrate emission-free buses in the coming years.

What's more, the fleet electrification plan proposed by Link Transit involves route expansion, upgradation of current electric vehicles, and rise in on-route frequency of service. Thus, the company is expected to add around 10 new electric buses in 2020 and all of them would include Momentum Dynamics' wireless charging receivers.

These are pretty exciting times for the electric vehicle industry with the plethora of technologies being deployed by leading manufacturers as well as startups. Wireless charging is not an easy target to achieve but has the potential to transform the current mode of transportation.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Time Of Wireless Charging For Electric Vehicles Market Is On The Way: Novel Technologies And Rapid Partnerships To Pave The Way here

News-ID: 1959888 • Views: 185

More Releases from Allied Market Research

U.S. Surplus Lines Insurance Market Size Projected to Hit $125.9 Billion by 2027 …
According to a recent report published by Allied Market Research, titled, "U.S. Surplus Lines Insurance Market by Coverage, Distribution Model, and Application: Country Opportunity Analysis and Industry Forecast, 2020-2027," the market was valued at $52.1 billion in 2019, and the U.S. surplus lines insurance market size is projected to reach $125.9 billion by 2027, growing at a CAGR of 15.2% from 2020 to 2027. Some of the major players operating in
Reed Sensor Market 2019–2026: Revenue Projections and Industry Insights | Stan …
Allied Market Research published the latest report, titled "Reed Sensor Market by Type (Dry-Reed Sensor, Mercury-Wetted Reed Sensor) and Application (Automotive, Transportation, Consumer Electronics, Robotics & Automation, Telecommunications, Healthcare, Construction, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026." According to the report, reed sensor market is expected to witness significant growth during the forecast period due to surge in need for technological advancements in the sensors. The emergence of high-tech
Umbrella Market 2020 to Witness a Pronounce Growth During COVID-19 Crisis with D …
Umbrella also is known as parasol is an object used for protection against rain and sunlight. Umbrellas are usually designed for protection from rain whereas parasol is specifically designed and used to block the sunlight. Umbrellas are hand-held portable devices which come in different sizes, shapes, colors, and designs. These have been used since the seventeenth century and are considered as an essential accessory by most of the people. Canopy,
Forage Seed Market Size, Industry Analysis by Leading Key Players, Development a …
The global Forage Seed Market was valued at $11,683 million in 2015 and is projected to reach $20,646 million by 2022, growing at a CAGR of 8.50% from 2016 to 2022. In 2015, the alfalfa product segment held approximately more than one-fourth of the total market. Forage seeds are the edible parts of plants widely utilized for livestock feeding. Alfalfa, clover, chicory, ryegrass, lablab, and fescue are some of the popular

All 5 Releases


More Releases for Wireless

Wireless pressure sensor
AMSYS presents the barometric wireless pressure sensors of the AMS 4506 series in a small, compact and robust plastic housing (35 x 25 x 13.5 mm³). The wireless pressure sensor AMS 4506 from AMSYS is suitable for barometric pressure measurement and vacuum monitoring. The particular advantage of this wireless sensor is that it can be used in places that are difficult to access, such as wind turbines, in applications that
In-Building Wireless Market -
Global In-Building Wireless Market: Overview In-building wireless refers to communication solutions that are used to maintain connectivity inside a building where signals from the core infrastructure are not reachable. In-building wireless solutions are of keen interest to network providers that are seeking enhanced delivery of services to their core clients in the most demanding signal environment. The conventional distributed antenna systems (DAS) based in-building wireless has moved its main focus from
Wireless Surveillance Systems Market
Safety and security from possible threats is essential for every person. Wireless surveillance system is a useful solution which provides efficient and effective security to people as well as other applications such as businesses, malls, and public spaces. Wireless surveillance system are mounted easily anywhere with less space requirement as they does not require wires to power the devices. These system get their power from batteries which makes them flexible.
Global Wireless Chipsets Market
A wireless chipsets are a part of internal hardware made to enable a device to communicate and connect to another wireless device. A wireless adapter or chipset internet card is an inner hardware design, which is used in wireless communication systems or computer to connect with other devices. The market is expected to grow with a double digit CAGR. The consumers shift towards portable devices coupled with the increase usage
Wireless Pressure Sensors Market
MRC announces the addition of new study based research report on Wireless Pressure Sensors market to their suite of offerings. Where the Wireless Pressure Sensors market is heading? If you are involved in Wireless Pressure Sensors sector, the report brings to your attention a basic overview of the Wireless Pressure Sensors market with market definition, classification, applications, segmentation, plans, manufacturing processes, product specifications, cost structures, regional analysis, and value chain
Adaptive Wireless Solutions Introduces Wireless Cloud Gateway
The wireless cloud gateway is a completely self contained wireless mesh solution which is ideal for temporary monitoring applications including energy audits, environmental monitoring and critical facility status reporting. The gateway comes with built-in configuration tools, extended device support, on-board and cloud-based data logging and Modbus TCP support for stand-alone and integrated monitoring solutions. Wireless device data can be logged for months on the gateway’s on-board Micro SD card. Powerful embedded