Press release
Automotive Inductive Wireless Charging Systems market was valued at US$ 196.9 million in 2022 and is anticipated to reach US$ 2723.5 million by 2029, witnessing a CAGR of 45.0% - Valuates Reports
Get sample report - https://reports.valuates.com/request/sample/QYRE-Auto-16Z191/Global_Automotive_Inductive_Wireless_Charging_Systems_Market_Insights_and_Forecast_to_2028
Electric vehicles are gaining importance in modern times because of the rise in global fuel prices and alarming levels of air pollution. There is widespread concern about the negative effects of global warming. In such a scenario the rapid adoption of electric vehicles is seen as the most viable solution. The time taken to charge electric vehicles was one of the major concerns, but with the advent of wireless inductive charging this issue has been resolved. Inductive wireless charging is considered a major breakthrough as it has made the use of plugs and cords redundant. Inductive charging takes place when an electromagnetic field transfers energy between two coils.
Advantages
Protected connections - No corrosion when the electronics are all enclosed, away from water or oxygen in the atmosphere. Less risk of electrical faults such as short circuit due to insulation failure, especially where connections are made or broken frequently.
Low infection risk - For embedded medical devices, transmission of power via a magnetic field passing through the skin avoids the infection risks associated with wires penetrating the skin.
Durability - Without the need to constantly plug and unplug the device, there is significantly less wear and tear on the socket of the device and the attaching cable.
Increased convenience and aesthetic quality - No need for cables
Disadvantages
Slower charging - Due to the lower efficiency, devices take longer to charge when supplied power is the same amount.
More expensive - Inductive charging also requires drive electronics and coils in both device and charger, increasing the complexity and cost of manufacturing.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Currently, The industry concentration is high, the technical barriers and financial barriers of Automotive Inductive Wireless Charging Systems are also high. In particular, as the market leader in Automotive Inductive Wireless Charging Systems, Bosch take the global market share of about 44%, other key manufacturers include Qualcomm, Texas Instruments, WiTricity, Fulton Innovation.
This report aims to provide a comprehensive presentation of the global market for Automotive Inductive Wireless Charging Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Inductive Wireless Charging Systems.
The Automotive Inductive Wireless Charging Systems market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Automotive Inductive Wireless Charging Systems market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
Segment by Type
Electromagnetic Induction
Magnetic Resonance
Segment by Application
Passenger Vehicles
Commercial Vehicles
Get detailed report - https://reports.valuates.com/market-reports/QYRE-Auto-16Z191/global-automotive-inductive-wireless-charging-systems
Similar report -
https://reports.valuates.com/market-reports/QYRE-Auto-36H6955/global-automotive-wire-and-cable-materials
https://reports.valuates.com/market-reports/QYRE-Auto-32Q8795/global-automotive-exterior-trim
https://reports.valuates.com/market-reports/QYRE-Auto-38D10208/global-automotive-pneumatic-comfort-seat-system
Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.
Phone:
U.S. (TOLL FREE) : +1 (315) 215-3225
India: +91 8040957137
Email Id:
Please reach us at sales@valuates.com
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 Automotive Inductive Wireless Charging Systems market was valued at US$ 196.9 million in 2022 and is anticipated to reach US$ 2723.5 million by 2029, witnessing a CAGR of 45.0% - Valuates Reports here
News-ID: 3221007 • Views: …
More Releases from Valuates Reports
Railway Wheelsets Market Size, Trends & Forecasts | Valuates Reports
Railway Wheelsets Market Size
The global market for Railway Wheelsets was valued at US$ 3441 million in the year 2024 and is projected to reach a revised size of US$ 4481 million by 2031, growing at a CAGR of 3.9% during the forecast period.
Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-15G5075/Global_Railway_Wheelsets_Market_Insights_Forecast_to_2028?utm_source=openpr&utm_medium=referral
According to the data of China Association of Metros, by the end of 2022, 55 cities in mainland China have opened urban rail transit and…
Wheel Service Equipment Market Size, Trends & Forecasts | Valuates Reports
Wheel and tyre service equipment are the basic requirement of every garage or workshop to serve their clients at its best.
Market Analysis and Insights: Global Wheel Service Equipment Market
Global Wheel Service Equipment market size is estimated to be worth US$ 683.7 million in 2022 and is forecast to a readjusted size of US$ 816.3 million by 2028 with a CAGR of 3.0% during the review period.
Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-9F9222/Global_Wheel_Service_Equipment_Market_Insights_and_Forecast_to_2028?utm_source=openpr&utm_medium=referral
Fully considering…
Wheel Hub Oil Seal Market Size, Trends & Forecasts | Valuates Reports
Wheel Hub Oil Seal Market Size
The global market for Wheel Hub Oil Seal was valued at US$ 968 million in the year 2024 and is projected to reach a revised size of US$ 1422 million by 2031, growing at a CAGR of 5.7% during the forecast period.
Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-11J19500/Global_Wheel_Hub_Oil_Seal_Market_Research_Report_2025?utm_source=openpr&utm_medium=referral
The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent…
Wheel Bearing Seal Market Size, Trends & Forecasts | Valuates Reports
Wheel Bearing Seal Market Size
The global market for Wheel Bearing Seal was valued at US$ 309 million in the year 2024 and is projected to reach a revised size of US$ 400 million by 2031, growing at a CAGR of 3.8% during the forecast period.
Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-19S11648/Global_Wheel_Bearing_Seal_Market_Research_Report_2022?utm_source=openpr&utm_medium=referral
Wheel Bearing Seal mainly refers to Wheel end seals, which are a type of automotive seals. Automotive seals are divided into bearing seals,…
More Releases for Inductive
Inductive Sensor Latest Market Analysis Report 2025
On Jul 31, 2025, Global Info Research released a research report titled "Global Inductive Sensor Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031". This report provides detailed data analysis of the Inductive Sensor market from 2020 to 2031. Including the market size and development trends of Inductive Sensor Market, it analyzes market size indicators such as sales, sales volume, average price and CAGR, it also…
Inductive Couplers Market | Arteche, Autonics, Balluff, Mattron
The global inductive couplers market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the inductive couplers market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth of the…
Global Inductive Absolute Encoders Market, Global Inductive Absolute Encoders In …
The Inductive Absolute Encoders market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The Global Inductive Absolute Encoders Market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global Inductive Absolute Encoders market. The report focuses on well-known providers…
Global Inductive and LVDT Sensor Market Research
Global Inductive and LVDT Sensor Market Research the inductive and LVDT sensors showcase is required to develop at a CAGR of 9.84% over the figure time frame (2018-2023). The areas considered in the extent of the report incorporate North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.
The present Global Inductive and LVDT Sensor Market Research market situation shows a huge development in the utilization of inductive and…
Inductive Sensor Market 2017- Pepperl+Fuchs, Sick, Omron
Marketreports.biz, recently published a detailed market research study focused on the "Inductive Sensor Market" across the global, regional and country level. The report provides 360° analysis of "Inductive Sensor Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Inductive Sensor industry, and estimates the future trend of Inductive Sensor market on…
Global Inductive Loop Vehicle Detector Market
Global Inductive Loop Vehicle Detector Market: Market Dynamics
Ongoing urbanization and improving urban infrastructure especially in developing countries are expected to generate healthy demand for inductive loop vehicle detector, as improving infrastructure will result in improved traffic management, parking management and security gates. The market is expected to witness robust demand from the traffic management application over the forecast period. The weather-independent structure of inductive loop vehicle detector is another factor…
