Wireless EV Charging Market Share, Latest Trends, Market Dynamics, Market Size Research Report and Forecast 2029

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Wireless Electric Vehicle Charging (WEVC) is a sort of wireless charging technology for charging Electric Vehicles that is extremely efficient, convenient, and simple to use (EV).

Wireless EV Charging Market Overview

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Wireless EV Charging Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Wireless EV Charging market, with forecasts outspreading to the year 2030.

Unveiling Market Expansion: The Global Landscape

The Wireless EV Charging Market was valued at US$ 34.48 Mn. in 2022 and is expected to reach US$ 506.58 Mn. by 2029, at a CAGR of 46.8% during a forecast period.

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Wireless EV Charging Market Scope and Methodology:

The Report provides insights into the competitive environment, key competitors, and their market positions in the Wireless EV Charging sector. The report includes information on recent advancements in products and tech trends within the market. The report offers details on the total market's revenues, sales volume, and average price, along with sub-segments within various segments, useful for companies, newcomers, and industry chain partners in the Wireless EV Charging market.

The examination in the Wireless EV Charging Market has discovered the present market trends that are impacting market development and opportunities. The report combines qualitative and quantitative research, with an emphasis on analyzing data, identifying trends, and extracting actionable insights from the Wireless EV Charging market. The report utilizes a hierarchical approach to analyze market segments and regions, investigating the tactics of leading companies in the Wireless EV Charging industry. Data on import/export practices, the organic market, values, costs, earnings, and gross profits is also offered thanks to a financial supporter.

Wireless EV Charging Market Regional Insights:

The Report has analyzed regional patterns to evaluate the condition of the Wireless EV Charging market in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The different parts of the Wireless EV Charging market offer insights into how the market is structured and the specific characteristics found in different regions.

Wireless EV Charging Market Segmentation:

by Application
• Public/Commercial Charging Station
• Home Charging Unit

by Component
• Base Charging Pad
• Power Control Unit
• Vehicle Charging Pad

by Charging Type
• Dynamic Wireless Charging System
• Stationary Wireless Charging System

by Distribution Channel
• Aftermarket
• OE Market

Based on propulsion, the BEV segment had the biggest market share in 2022. Wireless charging is now available in BEV vehicles from Tesla, BMW, and Nissan, including the Tesla Model S, BMW i3, and Nissan Leaf. Because of stringent government regulations aimed at curbing rising emissions, OEMs are focusing on BEVs. The total market is expected to be driven by increased BEV sales and government incentives.

Stationary Wireless Charging System had the biggest market share (xx%) in 2022. The stationary wireless charging solution is simple to use, secure, and reliable. Drivers can charge their cars using any wireless charging equipment, making this technology compatible. Vehicles can also be wirelessly charged in parking lots and public areas. The proliferation of stationary wireless charging devices has eased the creation of charging networks for electric vehicles. Many businesses have installed stationary wireless charging stations.

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Wireless EV Charging Market Key Players:

• Robert Bosch GmbH
• Continental AG
• Toyota Motor Corporation
• Electroad
• Toshiba Corporation
• Lg Chem Ltd
• Witricity Corporation
• Wave
• Qualcomm, Inc.
• Bombardier Inc.
• Aerovironment Inc.
• Hella KGaA Hueck Co.
• Evatran Group Inc.
• Mojo Mobility Inc.
• ZTE Corporation
• Elix Wireless
• Momentum Dynamics Corporation.
• HEVO Power
• Olev Technologies

Key questions answered in the Wireless EV Charging Market are:

  • What is Wireless EV Charging?
  • What was the Wireless EV Charging market size in 2023?
  • What is the growth rate of the Wireless EV Charging Market?
  • Which are the factors expected to drive the Wireless EV Charging market growth?
  • Who are the leading companies and what are their portfolios in Wireless EV Charging Market?
  • What segments are covered in the Wireless EV Charging Market?
  • Who are the key players in the Wireless EV Charging market?
  • What is the CAGR at which the Wireless EV Charging market will grow during the forecast period?
  • What are the different segments of the Wireless EV Charging Market?
  • Which is the fastest growing region in the Wireless EV Charging Market?
  • What growth strategies are the players considering to increase their presence in Wireless EV Charging?
  • What are the upcoming opportunities and trends for the Wireless EV Charging Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Wireless EV Charging Market?

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Key Offerings:

  • Past Market Size and Competitive Landscape (2019-2023)
  • Past Pricing and price curve by region (2019-2023)
  • Market Size, Share, Size Forecast by different segment | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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