[PDF] Wireless Electric Vehicle (EV) Charging Market : Secrets Revealed

What Is Wireless Electric Vehicle (EV) Charging?

Wireless electric vehicle (EV) charging uses near field charging technology, where electric vehicles are charged using resonant magnetic inductive power transfer. This technology uses components such as charging pads and power control unit where energy is transferred between base charging pads and vehicle charging pads using electromagnetic induction, which helps to charge the battery of electric vehicles. Furthermore, wireless charging is also known as inductive changing or cordless charging as it does not require any wire or cable to charge the vehicle.

Wireless Electric Vehicle (EV) Charging Market Key Players:

Bombardier Inc., Continental AG, Elix Wireless, Evatran Group Inc., Hella KGaA Hueck & Co., Qualcomm, Inc., Robert Bosch GmbH, Toshiba Corporation, Toyota Motor Corporation, Witricity Corporation, ZTE Corporation, and Hevo Power.

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Increasing demand for electric vehicles in the emerging economies such as India and China is expected to increase adoption of wireless EV charging over the forecast period. The demand for electric vehicles is increasing in the countries such as India and China, owing to growing EV buying trend, favorable government regulation to reduce vehicle emission, and fast developing EV infrastructure, which is expected to increase demand for wireless electric vehicle charging over the forecast period. For instance, according to the Global EV Outlook, in 2018, China was the largest electric car market with 1.1 million units electric cars sold, which contributed around half of the global electric car fleet in 2018 with total number of 2.3 million electric cars.

Wireless Electric Vehicle (EV) Charging Market Taxonomy

On the basis of charging station type, the global wireless EV charging market is segmented into

Commercial Charging Stations
Home Charging Stations
On the basis of component, the global wireless EV charging market is segmented into

Base Charging Pad
Power Control Unit
Vehicle Charging Pad
On the basis of charging type, the global wireless EV charging market is segmented into

Dynamic Wireless Charging System
Stationary Wireless Charging System
On the basis of power supply range, the global wireless EV charging market is segmented into

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This release was published on openPR.