Press release
Future Perspectives: Key Trends Shaping the Wireless Electric Vehicle (EV) Charging Communication Market Until 2030
The wireless electric vehicle (EV) charging communication sector is poised for remarkable expansion in the coming years, driven by rapid technological advances and increasing adoption of EVs worldwide. This emerging market is set to transform how EVs receive power, offering greater convenience and integration with modern infrastructure. Let's explore the market's growth potential, key players, current trends, and detailed segmentation that define this dynamic industry.Anticipated Growth Trajectory of the Wireless Electric Vehicle Charging Communication Market
The wireless EV charging communication market is expected to experience substantial growth, reaching a value of $3.48 billion by 2030. This represents a strong compound annual growth rate (CAGR) of 23.3%. Several factors contribute to this rapid expansion, including the development of extensive public wireless charging networks and advancements in AI-powered charging optimization. The growing presence of vehicle-to-grid (V2G) enabled vehicles and deeper integration with smart grid systems are also significant drivers. Furthermore, the increasing push for fleet electrification supports sustained momentum in this market. Key trends shaping the future landscape involve the widespread adoption of wireless charging within urban infrastructure, progress in advanced V2G communication protocols, incorporation of real-time fault detection and diagnostics in chargers, and a rising demand for interoperable charging solutions compatible across various EV models. Additionally, smart charging management platforms are becoming more prevalent, enhancing overall efficiency and user experience.
Download a free sample of the wireless electric vehicle (ev) charging communication market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=29243&type=smp
Prominent Companies Leading the Wireless Electric Vehicle Charging Communication Market
Several influential companies dominate the wireless EV charging communication arena, including well-known global players such as Bayerische Motoren Werke Aktiengesellschaft (BMW AG), Hyundai Motor Company, Siemens AG, Continental AG, Qualcomm Incorporated, Valeo SE, Toshiba Corporation, ZTE Corporation, Texas Instruments Incorporated, Delta Electronics Inc., and Daihen Corporation. Other notable contributors include ENRX Group, Telit Cinterion GmbH, InductEV Inc., WiTricity Corporation, Ideanomics Inc., Powermat Technologies Ltd., Electreon Wireless Ltd., HEVO Inc., and Mojo Mobility Inc. These firms are at the forefront of developing innovative wireless charging technologies and expanding global infrastructure to support electric mobility.
Significant Industry Moves Highlighting Market Evolution
In October 2023, Germany's PULS GmbH acquired Wiferion GmbH, a company specializing in wireless EV charging communication technology. Though the financial terms were not disclosed, this acquisition aims to strengthen PULS GmbH's capabilities by integrating Wiferion's advanced wireless charging solutions. The strategic move is expected to accelerate the deployment of innovative industrial charging systems worldwide, marking a key milestone in expanding the reach and efficiency of wireless EV charging technologies.
View the full wireless electric vehicle (ev) charging communication market report:
https://www.thebusinessresearchcompany.com/report/wireless-electric-vehicle-ev-charging-communication-global-market-report
Innovations Shaping the Wireless EV Charging Communication Market
Market leaders are placing strong emphasis on developing and refining wireless charging technologies, particularly inductive and resonant methods, to improve efficiency, ease of use, and compatibility. Inductive charging works by transmitting energy through a magnetic field between a charging pad and a vehicle's coil, while resonant charging uses tuned resonant circuits to enable efficient energy transfer across slightly longer distances. For example, in January 2024, Valeo SE introduced its Ineez Air Charging system for electric vehicles. This wireless charger operates at an ultra-low frequency near 3 kHz, resulting in a system that is 50% lighter and simpler than traditional wireless chargers while maintaining over 90% energy efficiency from the grid to the battery. It supports global compatibility with all wall boxes, various country grid configurations, and EVs equipped with 400-800V batteries. Moreover, the system enables Vehicle-to-Grid (V2G) functionality with power outputs ranging from 7 to 22 kW and is designed to accommodate future autonomous vehicle charging on inductive pads.
Segment-Wise Market Insights in Wireless EV Charging Communication
This report categorizes the wireless EV charging communication market into several key segments to provide detailed insights:
1) Component type: Hardware, Software, and Services
2) Vehicle type: Passenger Cars, Commercial Vehicles, Two-Wheelers, and Other Vehicle Types
3) Communication protocols: Vehicle-to-Grid (V2G), Vehicle-to-Everything (V2X), Open Charge Point Protocol (OCPP), and Other Communication Protocols
4) Application areas: Public Charging, Private Charging, Fleet Charging, and Other Applications
5) End-users: Automotive Original Equipment Manufacturers (OEMs), Charging Infrastructure Providers, Utilities, and Other End-Users
Further subcategories break down the hardware segment into Charging Pads, Vehicle Coils, Power Electronics, and Communication Modules. The software segment includes Charging Management Software, Monitoring and Diagnostics Software, Energy Optimization Software, and Security and Authentication Software. The services segment covers Installation Services, Maintenance Services, Consulting Services, and Technical Support Services.
Global Market Growth Patterns and Regional Outlook
While this report focuses on the global scope of the wireless EV charging communication market, it highlights considerable expansion opportunities across various regions. Continued development of smart urban infrastructure and government policies favoring electrification are expected to push adoption rates higher worldwide, shaping a thriving ecosystem for wireless EV charging solutions through the decade ahead.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
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 Future Perspectives: Key Trends Shaping the Wireless Electric Vehicle (EV) Charging Communication Market Until 2030 here
News-ID: 4378231 • Views: …
More Releases from The Business Research Company
Global Trends Overview: The Rapid Evolution of the Small Electrical Appliance Ma …
The small electrical appliance sector is rapidly evolving, driven by technological advancements and changing consumer habits. As homes become smarter and more connected, the demand for innovative, energy-efficient appliances continues to rise. Let's explore the current market size, key players, emerging trends, and segment outlooks shaping this vibrant industry.
Projected Growth and Market Size of the Small Electrical Appliance Market
The small electrical appliance market is anticipated to experience significant expansion…
Emerging Sub-Segments Transforming the Touch Screen Controllers Market Landscape
The touch screen controllers market is on the verge of remarkable growth in the coming years, driven by technological advancements and increasing demand across various sectors. This market's evolution is shaped by innovations in touch responsiveness, flexible device interfaces, and expanding integration in automotive and embedded systems. Let's explore the current market valuation, key players, emerging trends, and segmentation details to understand the future trajectory of this dynamic industry.
Projected Market…
In-Depth Study of Segments, Industry Trends, and Key Competitors in the Simulato …
The simulators market is set to experience notable growth in the coming years, driven by advancements in technology and increasing demand across various sectors. As industries seek more effective and immersive training solutions, simulators are becoming essential tools for skill development and operational safety. Let's explore the market's current outlook, key players, emerging trends, and segmentation to understand its future trajectory.
Projected Growth and Market Size of the Simulators Market
The…
Market Driver Insights: The Impact of Recent Innovations on the Timing Devices M …
The timing devices market is poised for substantial expansion as technological advancements continue to drive demand for precision and reliability in various applications. With increasing integration in cutting-edge networks and industries, this market is set to experience important growth and innovation over the coming years. Below, we explore the projected market value, key players, emerging trends, and detailed segment breakdowns shaping the future of timing devices.
Future Market Value Expectations for…
More Releases for Charging
Is it better to choose AC charging piles or DC charging piles for home charging …
Choosing between AC and DC charging piles for home charging piles requires comprehensive consideration of charging needs, installation conditions, cost budgets and usage scenarios and other factors. Here's a breakdown:
Image: https://www.beihaipower.com/uploads/4c61b8bc1.jpg
1. Charging speed
* AC charging piles: The power is usually between 3.5kW and 22kW, and the charging speed is relatively slow, suitable for long-term parking and charging, such as night charging.
* DC charging piles: The power is usually…
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…
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…
