Press release
Electric Vehicle Wireless Charging Market Is Driven By Increasing Awareness Of The Environmental Benefits Of Electric Vehicles| Nidec Mobility Corporation, Renesa,electronics
Electric Vehicle Wireless Charging (EVWC) is a system that allows electric vehicles to be charged without the need for a physical connection between the vehicle and the charging station. The EVWC system uses inductive charging, which uses an electromagnetic field to transfer energy between two coils. One coil is located on the ground, and the other is located on the underside of the vehicle.Download Free Sample of Report- https://www.globalinsightservices.com/request-sample/GIS21765
The Electric Vehicle Wireless Charging Market Size was over USD 75.8 Million in 2022 and it is anticipated to grow at a CAGR of 45.3% during the forecast period.
Key Trends
The key trends in electric vehicle wireless charging market are the development of new charging standards, the increasing adoption of inductive charging, and the increasing deployment of public charging infrastructure.
The Society of Automotive Engineers (SAE) has developed a new standard for wireless charging of electric vehicles, called the SAE J2954. This standard defines the technical requirements for inductive charging of electric vehicles and is the first step toward creating a global standard for wireless charging of electric vehicles.
The adoption of inductive charging is increasing, as it offers a number of advantages over traditional wired charging, including convenience, safety, and efficiency. Inductive charging is also well-suited for public charging infrastructure, as it does not require the installation of new wiring or electrical outlets.
The deployment of public chargin
g infrastructure is increasing, as governments and private companies invest in the development of electric vehicle charging infrastructure. In the United States, the Department of Energy has invested over $4 billion in the development of electric vehicle charging infrastructure, and there are now over 16,000 public charging stations across the country.
The increasing adoption of electric vehicles, the development of new charging standards, the increasing deployment of public charging infrastructure, and the increasing adoption of inductive charging are all key trends in electric vehicle wireless charging technology.
Report Overview- https://www.globalinsightservices.com/reports/electric-vehicle-wireless-charging-market/
Key Drivers
The key drivers of the electric vehicle wireless charging market are the increasing adoption of electric vehicles, the need for efficient and quick charging of electric vehicles, and the lack of a physical connection between the vehicle and the charging station.
The increasing adoption of electric vehicles is one of the key drivers of the electric vehicle wireless charging market. The growth of the electric vehicle market is being driven by the increasing awareness of the environmental benefits of electric vehicles, the declining cost of electric vehicles, and the increasing availability of charging infrastructure.
The need for efficient and quick charging of electric vehicles is another key driver of the electric vehicle wireless charging market. Electric vehicles have a limited range, and need to be charged frequently. Wireless charging is a more efficient way to charge electric vehicles, as it eliminates the need for a physical connection between the vehicle and the charging station.
The lack of a physical connection between the vehicle and the charging station is another key driver of the electric vehicle wireless charging market. Wireless charging stations can be installed in a variety of locations, such as parking lots, garages, and driveways. This eliminates the need for electric vehicle owners to find a charging station with an available charging port, and makes it more convenient to charge an electric vehicle.
Get a customized scope to match your need, ask an expert - https://www.globalinsightservices.com/request-customization/GIS21765
Market Segmentation
The Electric Vehicle Wireless Charging Market has been segmented into Vehicle Type, Charging Method, Power Supply, Application, Distribution Channel, and Region. Based on Vehicle Type, the Electric Vehicle Wireless Charging Market has been divided into BEV, CEV, and PHEV. Based on Charging Method, it is divided into CWPT, MGWPT, RIPT, and IPT. By Power Supply, it is segmented into Up to 3.7 kW Above 3.7-7.7 kW, Above 7.7-11 kW, and Above 11 kW, Based on Application, the market is segmented into Commercial Charging Station and Home Charging Unit. Based on the Distribution Channel, the market is segmented into OEMS, and After Market. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and Rest of the World.
Key Players
The key players in the Electric Vehicle Wireless Charging Market are IPT Technology Inc., Continental AG, Evatran Group (plugless), Nidec Mobility Corporation, Renesas Electronics, Powermat Technologies, Qualcomm Technologies, Robert Bosch GmbH, Texas Instruments, Toyota Motor Corporation, ElectReon, InductEV Inc., Plugless Power Inc., Wave Charging, Evatran Group Inc., IPT Technology Inc., Continental AG, Shenzhen VMAX New Energy Co., Ltd, HEVO Inc., and Witricity.
Market Segmentation
By Vehicle Type
BEV
PHEV
CEV
By Charging Method
CWPT
MGWPT
RIPT
IPT
By Power Supply
Up to 3.7 kW
Above 3.7-7.7 kW
Above 7.7-11 kW
Above 11 kW
By Application
Commercial Charging Station
Home Charging Unit
By Distribution Channel
OEMS
After Market
Buy Now - https://www.globalinsightservices.com/checkout/single_user/GIS21765
With Global Insight Services, you receive:
10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
Contact Us:
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.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 Electric Vehicle Wireless Charging Market Is Driven By Increasing Awareness Of The Environmental Benefits Of Electric Vehicles| Nidec Mobility Corporation, Renesa,electronics here
News-ID: 3293636 • Views: …
More Releases from Global Insight Services
Governance Risk and Compliance (GRC) Platform Market to Expand From $53.5 Billio …
The Governance Risk And Compliance (GRC) Platform Market has emerged as a cornerstone for organizations striving to enhance accountability, streamline risk management, and meet growing regulatory demands. GRC platforms provide an integrated framework that enables companies to monitor compliance, manage risks, and ensure governance practices are aligned with industry standards. By combining risk assessment, audit management, compliance tracking, and policy enforcement, these platforms empower businesses to strengthen decision-making and safeguard…
Electronic Manufacturing Services (EMS) Market to Expand From $504.22 Billion in …
The Electronic Manufacturing Services (EMS) Market has become one of the most crucial sectors in the global technology-driven economy. EMS refers to the outsourcing of design, production, testing, and distribution of electronic components for original equipment manufacturers (OEMs). These services are indispensable across industries such as consumer electronics, automotive, telecommunications, and healthcare. In 2024, the EMS sector continues to play a pivotal role in improving efficiency, lowering production costs, and…
Catamaran Market Is Anticipated To Expand From $4.2 Billion In 2024 To $7.8 Bill …
Market Overview
The Catamaran Market is witnessing remarkable expansion, driven by the growing demand for recreational boating, marine tourism, and eco-friendly vessel options. Catamarans, recognized for their stability, spaciousness, and fuel efficiency, are increasingly preferred for leisure sailing, luxury tourism, and competitive racing. The market includes a wide range of offerings such as sailing catamarans, power catamarans, luxury yachts, and charter vessels, each catering to unique consumer preferences.
Innovations in sustainable…
Gear Motor Market to Expand From $24.5 Billion in 2024 to $39.8 Billion by 2034 …
The gear motor market is witnessing steady growth as industries worldwide increasingly depend on reliable and energy-efficient motion control systems. Gear motors, which combine a motor with a gearbox, play a vital role in converting electrical energy into mechanical torque with higher efficiency. These systems are essential across sectors like automotive, robotics, manufacturing, and renewable energy, offering enhanced precision, power transmission, and performance. The market is strongly supported by the…
More Releases for Charging
800V system challenge: charging pile for charging system
800V Charging pile "Charging Basics"
This article mainly talks about some preliminary requirements for 800V charging piles [https://www.beihaipower.com/products/], first let's take a look at the principle of charging: When the charging tip is connected to the vehicle end, the charging pile will provide (1) low-voltage auxiliary DC power to the vehicle end to activate the built-in BMS (battery management system) of the electric vehicle After activation, (2) connect the car end…
What is dynamic mode of EV Charging? Dynamic EV Charging vs Traditional EV Charg …
A dynamic charging system is a technology that allows electric vehicles to charge while in motion. This system typically involves embedding charging infrastructure into the road surface, which enables the vehicle to charge its battery as it travels along the road. This can potentially extend the range and operational capabilities of electric vehicles, as they can receive continuous power while on the move. Dynamic charging systems have the potential to…
Electric Bus Charging Infrastructure Market Forecast to 2028 - COVID-19 Impact a …
In every region, electrification appears as a clear alternative to increase urban growth and to care for the city environment simultaneously, using electric buses. With the right charging technology, the advantages of electric buses can be used, such as the use of renewable energy, less energy consumption, less noise, lower particle emissions, reliable service, and others. The severe emission standards across the globe are expected to drive more electric bus…
Global Automotive Electric Recharging Point Market Size, by Type (Home Charging …
Global Automotive Electric Recharging Point Market research report provides complete intelligence about the global Automotive Electric Recharging Point industry, including market growth factors and prominent competitors in the market. The report also enfolds insightful analysis of competition intensity, segments, environment, trade regulations, and product innovations to render deep comprehension of the complete Automotive Electric Recharging Point market structure. Recent developments, technology diffusion, and important events of the market are also…
EV Charging Infrastructure Market: Robotic and Smart Charging Technology
According to the new research report published by The Insight Partners, titled “EV Charging Infrastructure - Global Analysis and Forecast to 2027”, The Global EV Charging Infrastructure Market is expected to reach US$ 95.98 Billion in 2027, registering a CAGR of 36.8% during the forecast period 2019-2027.
Some of the key players operating in the EV Charging infrastructure market are ABB Ltd., ABM Industries Incorporated, Bosch Automotive Service Solution, ChargePoint, Inc.,…
Electric Vehicle Charging Equipment Market Report 2018: Segmentation by Type (AC …
Global Electric Vehicle Charging Equipment market research report provides company profile for Fortum, Fuji Electric, Leviton, Shell, Qualcomm, Bosch, Schneider Electric, Siemens, ABB, AeroVironment, Chargemaster, ClipperCreek, DBT-CEV, Engie and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018…
