The Global Wireless EV Charging Market Size was projected to reach from its initial calculated value of USD 1.67 million in 2018 and is projected to cross USD XX.XX Million by 2025, witnessing a CAGR of 117.75 in coming years, owning to increasing demand of the EV vehicles form various emerging economies as well as developed countries.  

This statistics report show the global wireless electric vehicle charging market size, share, manufacturing, demand, distribution, and regional demand from 2025. Overall, this industry is anticipated to reach million U.S dollars during the forecast period.  

Global Wireless EV Charging Market Growth Opportunities (Revenue, Growth) By 2017-2025

Global Wireless EV Charging is the next generation technology and currently is in its developing and growth phase. Increasing Heavy demand from various industries and manufacturer taking initiative for new investment will boost the industry demand as well as developing countries such as India, China boosting market share during the forecast period. Recent years manufacturing companies more focus is on improving the power transmission range that can be facilitate charging distance between tow devices.   

Market Segment

The BEV segment is estimated to the fastest growing market, by propulsion, in the coming years owing to tight regulation norms by governments in various emerging and developed countries which will boost the market growth over the forecast period. The BEVs are excepted to increase during the forecast period.    

The stationary charging is projected to be the largest shareholder in the wireless EV charging market, by charging type, over the forecast period due to this system is a convenient, safe, and reliable technology. Additionally this system is very supportive you can be use in parking spot and public places wirelessly.  

Regional Analysis

Being a lucrative industry for hybrid electric vehicles, Asia Pacific wireless EV charging market contributed to over 35% of the overall revenue in 2014. The Asia Pacific market was valued healthy growth in 2017 and is excepted to be measurable account during the forecast period due to increasing demand from emerging countries such as China and India, moreover the governments have supportive policies and provided various subsidies and tax exemptions to increase adoption of EVs its major fact to drive the wireless charger demand in the region. Asia Pacific is the fastest growing wireless EV charging Industry in coming years owing to the availability of technical workforce in cheap rate, supportive government policies, upgrading technology for EVs and lower price of such system in the near future. North America is expected to be the fastest growing region in the global wireless EV charging market, due to increasing industrialization, demand of the EVs and easy to adopt new technologies. Middle East and Africa market gaining attraction of the investment for the companies for more scope in the regions and expected to raise healthy growth over the forecast period.

Global Wireless EV Charging Market Size, Share Analysis By Region 2017

Wireless EV Charging Market: Secondary Research

To recognize and collect authentic and market-oriented information crucial for the research study, several secondary sources have been approached and referred. Press releases, white papers, companies annual reports, investor presentations, and articles present on trustworthy websites, databases, and certified publications are some of the significant secondary research sources that have been used to prepare the report. The data collected as secondary data have been obtained from various reliable journals and associations such as Smart Ticketing Alliance, Association of Professional Social Compliance Auditors, General Service Administration, Department of Transportation, and Association for Intelligent Transport Systems to reach to the market numbers or size. The data obtained through secondary sources has been validated through primary research.

Wireless EV Charging Market: Primary Research

For conducting primary research, several primary sources of the demand as well as supply sides have been approached and interviewed for obtaining quantitative and qualitative information crucial for the report. Vice Presidents, CEOs, technology directors, Product Managers, Marketing Directors and other executives of giant market players and organizations operating in wireless EV charging market are included as primary sources of the supply side.

After performing comprehensive engineering of wireless EV charging market (which includes market size estimations, calculations regarding market statistics, market forecasting, data triangulation, and market breakdown), detailed and vast primary research has been carried out to collect information along with verifying and validating the significant and critical market numbers arrived at.

Key Players

Some of the major key players currently working in the wireless EV charging market includes Continental AG, Robert Bosch GmbH, Qualcomm Technologies Inc., Toyota Motor Corporation, Bombardier Inc., WiTricity Corporation, HELLA GmbH & Co. KGaA, EVATRAN GROUP, TOSHIBA CORPORATION, ZTE Corporation, ELIX Wireless, HEVO Power, AddÉnergie Technologies Inc., Blink Charging Co., ChargePoint Inc., ClipperCreek, EVgo Services LLC, Leviton Manufacturing Co. Inc., Semaconnect, ABB, Alfen N.V., Allego B.V., Siemens AG, Efacec, IONITY GmbH, Schneider Electric, SAMSUNG SDI CO.LTD., TGOOD Global Ltd., Automotive Energy Supply Corporation, Tritium Pty Ltd, and Mitsubishi Electric Corporation.

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