Wireless EV Charging Market Size, Share, Trends, Analysis, Competition, Growth Rate, and Forecast 2027

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Wireless EV Charging Market size was valued at US$ 7.96 Mn. in 2021 and the total revenue is expected to grow at a CAGR of 88.4% through 2022 to 2029, reaching nearly US$ 1263.45 Mn.

Wireless EV Charging Market Overview: 

The “Global Wireless EV Charging Market Analysis” is a specialized and extensive examination of the Wireless EV Charging market, with a particular emphasis on global market trends and analysis. The purpose of this study is to give an overview of the Wireless EV Charging market, as well as extensive market segmentation by connection type, end-use, and geography. During the projected period, the Wireless EV Charging market is predicted to develop rapidly. The research provides important information on the market position of the main Wireless EV Charging major players, as well as significant market trends and opportunities.

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Market Scope:

The report employs a PORTER analysis to assess the market’s leading competitors’ strengths and weaknesses. The researcher conducts a thorough study of the Wireless EV Charging Market size, share, trends, total earnings, gross revenue, and profit margin to precisely anticipate the market and give professional insights to investors to keep them up to speed on market developments.

The analysis also focuses on the Global Wireless EV Charging market’s key top industry players, providing information such as company biographies, product pictures and specifications, capacity, production, price, cost, revenue, and contact information. This study examines the Wireless EV Charging Market Trends, Volume, and Value at the Global, Regional, and Company Levels. This report analyses the entire Wireless EV Charging Market Size from a global perspective by analyzing historical data and prospects.

Segmentation: 

Based on the Power Supply Range, the market is segmented into 3–<11 Kw, 11–50 kW, and >50 kW. 3–<11 Kw power supply range segment is expected to hold the largest market share of   by 2029. For small and mid-sized battery-powered electric vehicles, wireless charging systems with a capacity of 3–11 kW are employed. The wireless charging system can be designed compact and light enough to fit anywhere at this power level. As a result, it is excellent for charging at both home and work. Plugless Power Inc. has released a 3.3 kW wireless charger for the Nissan Leaf and Chevrolet Volt. WiTricity and Prodrive Technologies introduced a wireless charging system in 2021 that can charge a vehicle up to 11 kW more efficiently than cable charging solutions. Due to its use in home and workplace charging when quick charging is not a requirement, the 3–11 KW segment is expected to lead the market during the forecast period.

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Key Players:

• Robert Bosch GmbH
• Continental AG
• WiTricity Corporation
• ZTE Corporation
• HELLA KGaA Hueck & Co.
• Toyota Motor Corporation
• Toshiba Corporation
• Qualcomm, Inc.

The report discusses major advancements in the Wireless EV Charging industry, as well as organic and inorganic growth strategies. Various businesses are concentrating on organic growth tactics such as new launches, product approvals, and other things like patents and events. Acquisitions, partnerships, and collaborations were among the inorganic growth tactics observed in the industry. With the increased demand, industry participants in the Wireless EV Charging market are expected to benefit from attractive growth prospects in the future. The following is a list of a few firms involved in the Wireless EV Charging industry.

 

Regional Analysis:

The Wireless EV Charging research details the market area, which is further broken into sub-regions and countries. This section of the report contains information on profit forecasts as well as market share in each country. This part of the study discusses each region’s, country’s, and sub-market region’s share and growth rate over the estimated time.

The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, Asia Pacific, Middle East, and Africa, and South America after evaluating political, economic, social, and technical factors affecting the Wireless EV Charging market in these regions.

 

COVID-19 Impact Analysis on Wireless EV Charging Market:

Customer behavior has shifted across all areas of society as a result of the COVID-19 epidemic. Industries, on the other hand, will need to modify their strategy to adapt to shifting market supply. This research provides an overview of the COVID-19 influence on the Wireless EV Charging market and will assist you in developing your company in accordance with the new industry standards.

Under the COVID-19 epidemic, the Wireless EV Charging Market Report provides a 360-degree analysis ranging from the flexible supply chain, import and fare control, to provincial government policy and future influence on the company. Itemized research on the market situation (2021-2027), venture rivalry example, advantages, and disadvantages of large business items, industry development patterns (2021-2027), territorial contemporary format qualities and macroeconomic methods, mechanical arrangement have all been included.

 

Key Questions Answered in the Wireless EV Charging Market Report are: 

  • What is the market potential for Wireless EV Charging ?
  •  Which regional market will emerge as a leader in the next years?
  • Which application category will see rapid growth?
  •  What chances for development could exist in the Wireless EV Charging sector in the upcoming years?
  •  What are the most important future obstacles that the Wireless EV Charging market may face?
  •  Who are the market leaders in the Wireless EV Charging segment?
  • What are the primary trends that are positively affecting market growth?

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