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What are the Growth Drivers of Wireless EV Charging Market? Continental AG, ZTE Corporation, Qualcomm, Inc., Toyota Motor Corporation, Hella KGaA Hueck & Co., Toshiba Corporation

03-12-2020 10:56 AM CET | Business, Economy, Finances, Banking & Insurance

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Wireless EV Charging Market Size

Wireless EV Charging Market Size

Global Wireless EV Charging Market Report added at Market Study Report LLC offers industry size, share, growth, trends and forecast analysis up to 2026. Wireless EV Charging Market Report also covers top key players, porters five forces analysis and market segmentation in detail. This report examines the global Wireless EV Charging market and provides information regarding the revenue for the period 2019 to 2026.

Wireless charging also known as conductive charging or cordless charging, is a charging which is done by using an electromagnetic field to transmit energy between two objects or points through electromagnetic induction. It is highly necessary to have a charging station to execute the wireless EV charging. This technology is a convenient, consistent, and safe technology to power and charge the electric vehicles. It also provides economical and safer advantages over the traditional charging systems by eliminating the usage of physical cables and connectors. Global Wireless EV Charging Market is valued approximately at USD 26.71 million in 2018 and is anticipated to grow with a healthy growth rate of more than 22.5% over the forecast period 2019-2026.

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Increasing sales of electric vehicles, rise in demand for energy-efficient sources and increasing infrastructure for fast or dash chargers are the few factors responsible for high CAGR of the market over the forecast period. For instance: it is estimated that global electric vehicles sales totaled about 312,000 in Q1 2018, an increase of 58% compared to Q1 2017, as per the Edison Electric Institute. Also, it is estimated that number of electric vehicles on the road in the United States, is about 8,90,000 in 2018, up from number of electric vehicles of approximately 6,00,000 in 2017.

Moreover, rise in demand for semi-autonomous & autonomous vehicles and growing development of wireless charging systems for commercial EVs are the major factor likely to create lucrative growth opportunity to the market in the upcoming years. However, high cost of upgrading to wireless charging technology and slower charging as related to other charging technologies are few factors anticipated to hindering the growth of global Wireless EV Charging market during the forecast period.

The regional analysis of global Wireless EV Charging Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-pacific is the leading/significant region across the world in terms of market share owing to the government support for automotive industry, rising emission regulations, increasing demand for electric vehicles and rapid industrialization in the region. However, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026.

Major market player included in this report are:
o Continental AG
o Robert Bosch GmbH
o Qualcomm, Inc.
o Bombardier Inc.
o Toyota Motor Corporation
o Witricity Corporation
o Hella KGaA Hueck & Co.
o Toshiba Corporation
o ZTE Corporation
o Elix Wireless

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Power Source:
o 3 - 50 Kw

By Installation:
o Home
o Commercial

By Distribution Channel:
o OEMs
o Aftermarket

By Vehicle Type:
o Battery Electric Vehicles (BEV)
o Plug - In Hybrid Electric Vehicle (HEV)
o Commercial Electric Vehicles

Table of Content:

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Million)
1.2.1. Wireless EV Charging Market, by Power Source, 2017-2026 (USD Million)
1.2.2. Wireless EV Charging Market, by Installation, 2017-2026 (USD Million)
1.2.3. Wireless EV Charging Market, by Distribution Channel, 2017-2026 (USD Million)
1.2.4. Wireless EV Charging Market, by Vehicle Type, 2017-2026 (USD Million)
1.2.5. Wireless EV Charging Market, by Region, 2017-2026 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Wireless EV Charging Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Wireless EV Charging Market Dynamics
3.1. Wireless EV Charging Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Wireless EV Charging Market: Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Wireless EV Charging Market, by Power Source

Chapter 6. Global Wireless EV Charging Market, by Installation

Chapter 7. Global Wireless EV Charging Market, by Distribution Channel

Chapter 8. Global Wireless EV Charging Market, by Vehicle Type

Chapter 9. Global Wireless EV Charging Market, Regional Analysis

Chapter 10. Global Wireless EV Charging Market Competitive Intelligence

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Related Report:

Electric Vehicle Charging Infrastructure/ Stations Market [By Connector Protocol (CHAdeMO, Combined Charging System); By Charger Type (Slow Charger, Fast Charger); By Charging Method (AC Charging, DC Charging); By Application (Commercial, Home); By Regions]: Market Size & Forecast, 2018 - 2026

The Global Electric Vehicle Charging Infrastructure Market is anticipated to reach USD 56.9 billion by 2026, according to a new study. Owing to the increasing adoption of the electric vehicles globally due to their reduced costs, increasing fuel prices, and increasing government initiatives such as subsidies and tax benefits along with strict environmental norms, the electric vehicle charging infrastructure market is projected to gain traction over the forecast period. In 2017, Asia Pacific region dominated the market by accounting the majority share in this market.

https://www.marketstudyreport.com/reports/electric-vehicle-charging-infrastructure-stations-market-by-connector-protocol-chademo-combined-charging-system-by-charger-type-slow-charger-fast-charger-by-charging-method-ac-charging-dc-charging-by-application-commercial-home-by-regions-market-size-forecast-2018-2026?utm_source=RR-SP

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