U.S (New York) – We are thrilled to announce the latest release of our comprehensive market research report titled “Wireless Electric Vehicle Charging Market ” by Report Ocean, a prominent industry insights provider. This report provides a wealth of valuable insights and analysis on the current trends, growth prospects, competitive landscape, and strategic recommendations within the [specific industry/market]. It serves as an indispensable resource for gaining in-depth knowledge of the industry and making well-informed decisions.
Wireless power transmission involves the transfer of electrical power from transmitter to receiver without any wired connection. Introduction of smart charging mats and newly launched ground pads specifically for electric vehicles increases the demand for wireless charging systems globally.
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A release on June 8th, 2022, by the Bureau and Economic Analysis and U.S. The Census Bureau reports the recovery of the U.S. market. The report also described the recovery of U.S. International Trade in July 2022.In April 2022, exports in the country reached $300 billion, an increase of $13.4 billion. In April 2022, imports amounted to $294.5 billion, increasing by $17.4 billion. COVID-19 is still a significant issue for economies around the globe, as evidenced by the year-over-year decline in exports in the U.S. between April 2020 and April 2022 and the increase in imports over that same period of time. The market is clearly trying to recover. Despite this, it means there will be a direct impact on industries. resulting in a large market for Wireless Electric Vehicle Charging Market .
Increase in sales of electric vehicles (EVs), constant advancements in portable electronics as well as wearables, and frequent need for harvesting ambient RF energy are expected to drive the growth of the global wireless electric vehicle charging market during the forecast period. However, expensive technology for its integration and slower charging as compared to other charging technologies hamper the market growth.
The market segmentation is based on power source, charging methods, installation, distribution channel, vehicle type, and region. The power source segment is further divided as 3-<11 kW, 11-50 kW, and >50 kW based on the power output requirement for wireless charging. Based on charging methods, the market is segmented into capacitive wireless power transfer (CWPT), magnetic gear wireless power transfer (MGWPT), resonant inductive power transfer (RIPT), and inductive power transfer (IPT). Home and commercial installation types are covered on the basis of installation. Depending on the distribution channel, the market is bifurcated into OEMs and aftermarket. The vehicle type segment is further divided into battery electric vehicles (BEV), plug-in hybrid electric vehicle (PHEV), and commercial electric vehicles. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Bombardier, Continental AG, Evatran Group Inc. (plug less power), Fulton Innovation, Integrated Device Technology, Inc., Powermat Technologies Ltd, Qualcomm Inc., Robert Bosch GmbH, Texas Instruments Inc., Toyota Motor Corporation, and Witricity Corporation.
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KEY BENEFITS FOR STAKEHOLDERS
– This study comprises analytical depiction of the Wireless EV charging market with current trends and future estimations to depict the imminent investment pockets.
– The overall market potential is determined to understand the profitable trends to gain a stronger coverage in the market.
– The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
– The current market is quantitatively analyzed from 2019 to 2030to highlight the financial competency of the market.
– Porter;s five forces analysis illustrates the potency of the buyers and suppliers.
KEY MARKET SEGMENTS
By Power Source
– 3-<11 kW
– 11-50 kW
– >50 kW
By Charging Method
– CWPT
– MGWPT
– RIPT
– IPT
By Installation
– Home
– Commercial
By Distribution Channel
– OEMs
– Aftermarket
By Vehicle Type
– BEV
– PHEV
– Commercial EV
By Region
– North America
o U.S.
o Canada
o Mexico
– Europe
o UK
o Germany
o France
o Netherlands
o Norway
o Rest of Europe
– Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
– LAMEA
o Latin America
o Middle East
o Africa
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- Comprehensive industry data presented in a user-friendly and easily comprehensible format.
- Detailed market segmentation, providing key insights into each sub-segment of the industry.
- Thorough analysis of profiles of major market players, including their strategies and approaches.
- Precise examination of regional and country-specific sales opportunities in the market.
- In-depth analysis of current and emerging market trends, offering valuable intelligence.
- Identification of industry drivers and restraints that can impact different segments and regions.
- Clear understanding of expansion strategies, new product launches, and potential acquisitions by companies.
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