The latest independent research document on “Wireless Electric Vehicle Charger Market Size, Status, Type, Application and Forecast 2024-2030” with 124+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know-how of the current market development, landscape, emerging technologies, drivers, sales, opportunities, market viewpoint and Outlook. The Study is segmented by key a region that is accelerating the marketization. Wireless Electric Vehicle Charger study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.
Major Key Players in This Report Include:
WiTricity Corporation (United States), Plugless Power (Evatran Group, Inc.) (United States), Qualcomm Incorporated (United States), Bombardier Inc. (Canada), Continental AG (Germany), Robert Bosch GmbH (Germany), ZTE Corporation (China), Toshiba Corporation (Japan), Toyota Motor Corporation (Japan), Delphi Technologies (United Kingdom) are some of the key players that are part of study coverage. Additionally, the players who are also part of the research coverage are HEVO Inc. (United States), Momentum Dynamics Corporation (United States), Energous Corporation (United States), Elix Wireless Charging Systems, Inc. (Canada), BMW Group (Germany).
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According to HTF Market Intelligence, the Global Wireless Electric Vehicle Charger market is expected to grow from USD 0.8 billion in 2023 to USD 12.5 billion by 2030, with a CAGR of 45.2% from 2024 to 2030.The market is segmented by Global Wireless Electric Vehicle Charger Market Breakdown by Application (Home Charging, Workplace Charging, Public Charging, Fleet Management) by Type (Inductive Charging, Conductive Charging) by By Power Rating (Low Power (Below 3.7 kW), Medium Power (3.7 kW – 11 kW), High Power (Above 11 kW)) and by Geography (North America, South America, Europe, Asia Pacific, MEA).
Definition:
Next-generation technology called wireless electric vehicle chargers aims to do away with the necessity of physically plugging in electric cars to charge them. Wireless phone charging and inductive charging are the same concepts used by WEVCs. An underground charging station transmits electromagnetic energy to a coil on the underneath of the car. When the EV is parked over the pad, the magnetic field induces an electric current to flow through the receiver coil, charging the battery. Increased driver convenience, faster charging (under certain conditions), and the elimination of exposed charging lines that could be damaged or trip over are just a few potential benefits of WEVCs.
Market Trends:
- N
Market Drivers:
- Growing electric vehicle (EV) adoption and the desire for user convenience
Market Opportunities:
- Innovation and market expansionm
Dominating Region:
- Asia-Pacific
Fastest-Growing Region:
- North America
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Interpretative Tools in the Market: The report integrates the entirely examined and evaluated information of the prominent players and their position in the market by methods for various descriptive tools. The methodical tools including SWOT analysis, Porter’s five forces analysis, and investment return examination were used while breaking down the development of the key players performing in the market.
Key Growths in the Market: This section of the report incorporates the essential enhancements of the marker that contains assertions, coordinated efforts, R&D, new item dispatch, joint ventures, and associations of leading participants working in the market.
Key Points in the Market: The key features of this Wireless Electric Vehicle Charger market report includes production, production rate, revenue, price, cost, market share, capacity, capacity utilization rate, import/export, supply/demand, and gross margin. Key market dynamics plus market segments and sub-segments are covered.
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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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