Global Wireless Charging Market for Electric Vehicles - Growth, Trends, and Forecast (2018 - 2023)

  • ID: 4534506
  • Report
  • Region: Global
  • 95 pages
  • Mordor Intelligence
1 of 5

FEATURED COMPANIES

  • BMW
  • Bombardier
  • Daimler
  • HEVO Power
  • Nissan
  • OLEV Technologies
  • MORE
The global wireless charging market for electric vehicles is expected to register a CAGR of 45% during the forecast period. The massive amount of R&D and investment in the wireless technology is set to drive the market at a high growth rate. Manufacturers are also realizing that consumers are ready to pay premium prices for a product that exactly serves the purpose. Sports car makers, such as McLaren, Ferrari, and Porsche, have started incorporating electric motors, along with their supercharged internal combustion engines, to make their cars eco-friendly. Companies, such as Qualcomm are investing heavily in wireless charging technology, while Plugless Power and HEVO are leading the way with innovative applications of the technology.

One of the key issues in the electric vehicles is range. EVs may be suitable for short distances or city commuting, but anything over 200 miles requires a recharge. Scientists at Stanford have come up with a solution to this problem - transferring electricity wirelessly to a moving object. Qualcomm has demonstrated a new wireless dynamic electric vehicle charging (DEVC) system at highway speeds which is capable of charging an electric vehicle dynamically, at up to 20 KW at the speed of 100 km/h. The company launched a charging system that can charge the vehicle dynamically on the same track. Two vehicles moving in the opposite direction can also use this new dynamic charging system.

Europe is expected to be the largest manufacturing hub, and also the largest market for wireless charging stations. This growth owes to the availability of viable infrastructures to support electric vehicle sales. Electric vehicles are considered to be a viable option for customers while purchasing a vehicle. The sales of electric vehicles in the European region have been on the rise, since last five years. The sales are forecasted to increase, thereby opening opportunities for technologies, like wireless charging infrastructure for electric vehicles.

Key Developments:
  • September 2017 : A breakthrough in wireless charging by scientists at Stanford
Major Players: BMW, PLUGLESS, QUALCOMM, WITRICITY, NISSAN AND TOYOTA, amongst others.

Reasons to Purchase this Report:
  • To study the current and future market outlook in the developed and emerging markets
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • Analysis on the segment that is expected to dominate the market.
  • Regions that are expected to witness fastest growth during the forecast period
  • Identifying the latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in Excel)
Customization of the Report

This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your need.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • BMW
  • Bombardier
  • Daimler
  • HEVO Power
  • Nissan
  • OLEV Technologies
  • MORE
1. Introduction
1.1 Study Deliverables
1.2 General Study Assumptions

2. Research Methodology
2.1 Introduction
2.2 Analysis Methodology
2.3 Study Assumptions
2.4 Econometric Forecast Model

3. Executive Summary

4. Key Findings of the Study

5. Market Overview and Technology Trends
5.1 Current Market Scenario
5.2 Technology Trends
5.3 Porter's Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitute Products/Services
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers

6. Market Dynamics
6.1 Drivers
6.1.1 Increasing investment in R&D of electric vehicles
6.2 Restraints
6.2.1 Lack of Speed and Efficiency
6.3 Opportunities

7. Global Wireless Charging for Electric Vehicles Market, by Geography
7.1 North America
7.1.1 Introduction
7.1.2 US
7.1.3 Canada
7.1.4 Mexico
7.1.5 Rest of North America
7.2 Europe
7.2.1 Introduction
7.2.2 Germany
7.2.3 UK
7.2.4 France
7.2.5 Italy
7.2.6 Spain
7.2.7 Russia
7.2.8 Rest of Europe
7.3 Asia-Pacific
7.3.1 Introduction
7.3.2 China
7.3.3 Japan
7.3.4 India
7.3.5 Australia
7.3.6 South Korea
7.3.7 Rest of Asia-Pacific
7.4 Middle East & Africa
7.4.1 Introduction
7.4.2 UAE
7.4.3 Saudi Arabia
7.4.4 South Africa
7.4.5 Rest of Middle East & Africa
7.5 South America
7.5.1 Introduction
7.5.2 Brazil
7.5.3 Argentina
7.5.4 Rest of South America

8. Competitive Landscape
8.1 Introduction
8.2 Market Share Analysis

9. Company Profiles
9.1 BMW
9.2 Plugless
9.3 Qualcomm
9.4 WiTricity
9.5 Nissan
9.6 Toyota
9.7 Hella Aglaia Mobile Vision
9.8 Daimler
9.9 Tesla Motors
9.10 Bombardier
9.11 OLEV Technologies
9.12 HEVO Power

10. Future Outlook of the Market

11. Disclaimer
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5
  • BMW
  • Plugless
  • Qualcomm
  • WiTricity
  • Nissan
  • Toyota
  • Hella Aglaia Mobile Vision
  • Daimler
  • Tesla Motors
  • Bombardier
  • OLEV Technologies
  • HEVO Power
Note: Product cover images may vary from those shown
5 of 5
Note: Product cover images may vary from those shown
Adroll
adroll