wireless car charging market size, demand & global opportunity analysis outlook 2021

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Global Wireless Car Charging Market Outlook:

Industry Insights & Opportunity Evaluation,

2015-2021


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Global Wireless Car Charging Market Overview

Wireless car chargers makes charging of electric powered

vehicles convenient and seamless. With the help of

wireless charging, vehicles remain connected with

constant source of power both at stationary and moving

position.

The global wireless car charging market is anticipated to

bolster at a robust growth rate and reach USD 6.0 Billion

by 2021. Geographically, the global wireless car charging

market is segmented into North America, Latin America,

Western and Eastern Europe, Asia-Pacific, Middle East

and North Africa (MENA) and Rest of World.

Market Segmentation

By Technology

The global wireless car charging market is segmented

based on technology into resonant and hybrid-inductive

resonant.

By Application

Wireless chargers are primarily used in the automobile

industry to power electric and hybrid vehicles.


Growth Drivers and challenges

Escalating demand for hybrid and electric cars is

anticipated to foster the growth of global wireless car

charging market over the forecast period i.e. 2015-2021.

In addition to that increasing requirement of constant

power source for efficient working of electric vehicles is

also expected to drive the global wireless car charging

market in coming 4-5 years.

However, lack of availability of standardized wireless

charging devices is expected to restrain the growth of

global wireless car charging market in future.


Market Size and Forecast

Global Wireless Car Charging Market Size & Y-O-Y

Growth, 2015-2021

Source: Research Nester

Regionally, Europe dominates the global wireless car

charging market followed by North America. Wireless car

charging market in Europe is propagated by rapid

expansion of automobile sector in the region. In addition

0.00%

2.00%

4.00%

6.00%

8.00%

10.00%

12.00%

14.00%

-100.00

100.00

300.00

500.00

700.00

900.00

1100.00

1300.00

1500.00

2015e 2016f 2017f 2018f 2019f 2020f 2021f

Market Size Y-O-Y Growth


to that rising spending on research and developments in

automotive industry is also believed to nurture Europe

wireless car charging market in future.

North America wireless car charging market is projected to

bolster from increasing inclination of major auto players

such as General Motors and Ford towards manufacturing

of electric vehicles. The U.S. is the largest wireless car

charging market in North America followed by Canada.

Asia-Pacific wireless car charging market is believed to

have a stupendous growth over the covered forecast period

i.e. 2015-2021. The market in the region is likely to

flourish from increasing GDP growth in countries such as

India and China, which-in turn is fuelling the production

of electric powered vehicles. In addition to that, rising per

capita income and growing urbanization is also believed to

propel the expansion of Asia-Pacific wireless car charging

market in coming 5-6 years.

Key Players

Global wireless car charging market is very competitive

and includes some of the top players such as Bosch Group,

LG, Energizer, Evatran Group, Witricity. Intel, Qualcomm

Qualcomm, Alliance for Wireless Power (A4WP), etc.

Scope and Context

Overview of the Parent Market


Analyst View

Market Size and Growth

North America (U.S., Canada)

Latin America (Mexico, Brazil, Rest of Latin America)

Western and Eastern Europe (Germany, Italy, Spain,

France, U.K, Benelux, Hungary, Rest Of Western

Europe, Russia Poland, Rest of Eastern Europe)

Asia-Pacific (China, India, Singapore, Japan, Australia

& New Zealand & Rest of Asia)

Rest of World

Segmentation

By Technology

By Application

By Geography

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their

Strategies and Product Portfolio

Recent Trends and Developments


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Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in

current dynamic environment

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http://www.researchnester.com/reports/global-wireless-

car-charging-market-analysis-opportunity-outlook-

2021/115

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wireless car charging market size, demand & global opportunity analysis outlook 2021

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