The Wireless charging is also well-known as the conductive charging or battery-operated charging. The Wireless charging is completed by utilizing an electromagnetic field to allocate the energy among the two objects or points from end to end electromagnetic induction. It is exceedingly commanding to have a charging station to implement the wireless EV charging. Substantial research has been completed in the electric vehicle (EV) wireless technology for the previous decade, as electric vehicles are predicted to be an important portion of the future of the automotive industry.
According to the report analysis, ‘Global wireless EV charging Market Size study, by Installation Type (Aftermarket and Oe Market), by Propulsion Type (Battery Electric Vehicle (BEV) and Plug-In Hybrid Electric Vehicle (PHEV)), by Charging Station Type (Commercial Charging Stations and Home Charging Stations), by Component (Base Charging Pad, Power Control Unit and Vehicle Charging Pad), by Power Supply Range (3–<11 kW, 11–50 kW and >50 kW), by Charging Type (Dynamic Wireless Charging System and Stationary Wireless Charging System), by Vehicle Type (Passenger Cars (PC), Electric Commercial Vehicle (ECV) and Electric Two Wheeler) and Regional Forecasts 2018-2025’ states that in the worldwide market of wireless EV charging there are several companies which presently performing more significantly for leading the fastest market growth and registering the great value of market share around the globe during the coming future while increasing the specification and applications of the product, developing the technologies of process, augmenting the benefits and features of such, decreasing the harmful effects of such, spreading the awareness related to the applications and features of such and decreasing the linked to this includes Continental AG, Robert Bosch GmbH, Qualcomm, Inc., Toyota Motor Corporation, Bombardier Inc., Witricity Corporation, HellaKGaAHueck& Co., Evatran Group Inc., Toshiba Corporation, ZTE Corporation, Elix Wireless, Hevo Power, Samsung SDI, Evgo, Addenergie and several others.
The worldwide wireless EV charging market is worth approximately USD 0.8 billion in 2017 and is predicted to increase with a vigorous growth rate of more than 115% over the review duration of 2018-2025. The significant growth in the government rules and initiatives for monitoring carbon emission and augmenting the requirement of the electric vehicles are propelling the market growth over the review period. Owing to the strict emission norms established by the governments in several regions sales of electric vehicles is on up-surging strike. According to report of worldwide EV outlook 2007, approximately 750 new electric cars were registered, with over 750 thousand sales around the world. Thus, significant growth in the electric vehicle sales around the globe is anticipated to propel the market growth.
Furthermore, the OEMs sector and governments are accentuating on the electric vehicles utilization as an effort to decrease the tail pipe emissions. With the augment in the requirement for the electric vehicles, the need for the charging stations is anticipated to progressively augment during the near future. As the plug-in charging stations take lengthier hours for charging, the on-the-go wireless electric vehicle chargers can supply to the requirement and deliver range allowance. The wireless charging has great applications for the cars as well as for commercial fleets; thus, propelling the wireless electric vehicle charging market around the globe. Therefore, in the coming years, it is anticipated that the market of wireless EV charging will increase around the globe over the inflowing years.
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Global In-Car Wireless Charging Market, By Technology (Inductive Power Transfer, Conductive Charging and Magnetic Resonance Charging), By Charging Standard (Qi Standard and PMA Standards), By Device Type(Smartphones and Other Devices), By Vehicle Type (Fuel Based, Electric Vehicle and Hybrid Vehicles), By Distribution (OEM and Aftermarket),By Region: Forecast to 2023
Ankur Gupta, Head Marketing & Communications