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Wireless Electric Vehicle (EV) Charging Systems Market Is Booming Worldwide | Efacec, Powermat Technologies, Qualcomm Technologies, WiTricity
Wireless Electric Vehicle (EV) Charging Systems Market
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Growth Drivers
Increase in Demand for Electric Vehicles
Rising Prevalence of Range Anxiety
Inductive power transfer technology is used in wireless EV charging systems to transfer power from a pad embedded in the ground to a pad attached to an EV's underbelly to charge its battery. These pads are either situated in commercial infrastructure and private garage parking spaces for charging one vehicle at a time or along a stretch of road for charging many vehicles while they are on the move. Wireless EV charging systems have a number of advantages over plug-in EV charging systems, including ease of use, convenience, and ease of installation. These charging solutions eliminate the plug-in issues that are common with cable EV charging. Additionally, these systems can help reduce the vehicles' battery sizes and range anxiety issues associated with electric vehicles.
Latest Market Insights:
In January 2021 IPT Group had announced the acquisition of PRIMOVE from Bombardier. With this acquisition, IPT brings together two cleantech scale-ups in wireless power transfer for e-mobility that will benefit from synergies, allowing IPT to offer a more comprehensive product portfolio to service a wider range of customers. IPT Technology has created heavy-duty e-mobility systems and has origins in industrial wireless applications. IPT is enhancing its market position and speeding up its business planning by merging the technology and skills of both firms.
In February 2022 Witricity had announced the launch of aftermarket wireless charging upgrade of WiTricity Halo. The WiTricity Halo update will enable 11 kW wireless charging, allowing for a charge rate of up to 35-40 miles of driving range per hour of charging time, comparable to today's Level 2 AC plug-in chargers in terms of speed and efficiency. The WiTricity Halo upgrade consists of three major components: a vehicle-mounted power receiver, a wall box that connects to electric power, and a charging pad that may be mounted on or in the ground.
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Furthermore, the years considered for the study are as follows:
Historical year - 2017-2021
Base year - 2021
Forecast period** - 2022 to 2027 [** unless otherwise stated]
Highlighted of Global Wireless Electric Vehicle (EV) Charging Systems Market Segments and Sub-Segment:
Market by Key Players: Continental AG (Germany), Powermat Technologies Ltd (Israel), Qualcomm Technologies Inc. (United States), Toyota Motor Corporation (Japan), WiTricity Corporation (United States), WAVE Inc. (Ideanomics) (United States), Ossia Inc. (United States), Efacec (Portugal), IPT Group (Lebanon) and Electreon (Israel)
Market by: by Type (Dynamic Wireless Charging System, Stationary Wireless Charging System), Application (Residential, Commercial), Distribution Channel (Aftermarket, OEM), Vehicle Type (Battery electric vehicle (BEV), Plug-in hybrid electric vehicle (PHEV), Hybrid electric vehicles (HEV)), Charging System (Magnetic Power Transfer, Capacitive Power Transfer, Inductive Power Transfer), Component (Base Charging Pad, Power Control Unit, Vehicle Charging Pad) Players and Region - Global Market Outlook to 2027
Market by Geographical Analysis: Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Middle East & Africa, Egypt, South Africa, Israel, Turkey & GCC Countries
The study is a source of reliable data on: Market segments and sub-segments, Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological innovations Value chain and investor analysis.
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Interpretative Tools in the Market: The report integrates the entirely examined and evaluated information of the prominent players and their position in the market by methods for various descriptive tools. The methodical tools including SWOT analysis, Porter's five forces analysis, and investment return examination were used while breaking down the development of the key players performing in the market.
Key Growths in the Market: This section of the report incorporates the essential enhancements of the marker that contains assertions, coordinated efforts, R&D, new item dispatch, joint ventures, and associations of leading participants working in the market.
Key Points in the Market: The key features of this Wireless Electric Vehicle (EV) Charging Systems market report includes production, production rate, revenue, price, cost, market share, capacity, capacity utilization rate, import/export, supply/demand, and gross margin. Key market dynamics plus market segments and sub-segments are covered.
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Detailed TOC of Wireless Electric Vehicle (EV) Charging Systems Market Research Report-
Chapter One: Global Wireless Electric Vehicle (EV) Charging Systems Market Industry Overview
1.1 Wireless Electric Vehicle (EV) Charging Systems Industry
1.1.1 Overview
1.1.2 Products of Major Companies
1.2 Wireless Electric Vehicle (EV) Charging Systems Market Segment
1.2.1 Industry Chain
1.2.2 Consumer Distribution
1.3 Price & Cost Overview
Chapter Two: Global Wireless Electric Vehicle (EV) Charging Systems Market Demand
2.1 Segment Overview
2.1.1 APPLICATION 1
2.1.2 APPLICATION 2
2.1.3 Other
2.2 Global Wireless Electric Vehicle (EV) Charging Systems Market Size by Demand
2.3 Global Wireless Electric Vehicle (EV) Charging Systems Market Forecast by Demand
Chapter Three: Global Wireless Electric Vehicle (EV) Charging Systems Market by Type
3.1 By Type
3.1.1 TYPE 1
3.1.2 TYPE 2
3.2 Wireless Electric Vehicle (EV) Charging Systems Market Size by Type
3.3 Wireless Electric Vehicle (EV) Charging Systems Market Forecast by Type
Chapter Four: Major Region of Wireless Electric Vehicle (EV) Charging Systems Market
4.1 Market Sales
4.2 Market Revenue & market share
Chapter Five: Major Companies List
Chapter Six: Conclusion
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Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA - 08837
Phone: +1 (206) 317 1218
sales@advancemarketanalytics.com
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Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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