About Wireless Inductive Charging System for Electric Vehicles
Wireless Inductive Charging System for Electric Vehicles is a charging technology provide a charging to the Electric Vehicles without using any charger or wire outlets. With the help of Wireless Inductive Charging System of the electric vehicles do not need to wait longer for hours at a charging station. Now people who own an electric car can put their vehicle on charge even when parking in a garage or anywhere. While using wireless charging it is important one to know that a transmitter and a receiver will be there. The receiver in Wireless Inductive Charging System generally converts 220v 52Hz AC power into high-frequency AC, which boosts the transmitter coil and thus generates a magnetic field. The receiver coil then generates the current flowing in it. For effective wireless charging, it is necessary to maintain the resonance frequency for both the transmitter and the receiver.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The market for Wireless Inductive Charging System for Electric Vehicles is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as service innovation and using various marketing strategies to gain a higher market share. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Wireless Inductive Charging System for Electric Vehicles market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
WiTricity (United States), Electreon (Israel), WAVE INC (United States), Momentum Wireless Power (United States), Continental AG (Germany), ELIX Wireless (Canada), Energous (United States), Ossia (United States), SonicEnergy (United States) and Powermat Technologies Ltd (Israel) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Wireless Inductive Charging System for Electric Vehicles market by Type (The Capacitive Wireless Charging System, Permanent Magnetic Gear Wireless Charging System and The Inductive Wireless Charging System), Application (Commercial Electric Vehicles, Passenger Electric Vehicles and Other) and Region.
On the basis of geography, the market of Wireless Inductive Charging System for Electric Vehicles has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Receiver Coil will boost the Wireless Inductive Charging System for Electric Vehicles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Innovation of Dynamic Wireless Charging System (DWCS) for Electric Vehicles and Technological Advancements and Uses of Artificial Intelligence in Electric Vehicles Manufacturing
Market Growth Drivers:
Rising Demand of Electric Vehicles across The world, Surge in Demand in Cost Efficient Fuel Vehicles and Rising Demand in Commercial and Transportation Vehicle
Challenges:
Low conversion efficiency and slow speed Charging of Vehicles and High Cost Maintenance and Installation
Restraints:
High Cost Associated with Wireless Inductive Charging System for Electric Vehicles
Opportunities:
Continuous Growth in Automobile Infrastructure
On 2 December 2021, ElectReon the leading provider of inductive in-road charging technology for commercial and passenger electric vehicles, announced the launch of the “Arena of the Future'' project in Brescia, Italy where the company has integrated its wireless technology to charge an IVECO bus and Stellantis’s Fiat Nuova 500 passenger vehicle while driving. This project is demonstrating contactless charging for a range of EVs as they drive on highways and toll roads as a potential pathway to decarbonizing long-haul transportation systems along motorway transport corridors.
Key Target Audience
Wireless Inductive Charging System for Electric Vehicles, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.