Wireless Electric Vehicle Charging Systems Market to be Worth $2.5 Billion by 2030 - Exclusive Report by Meticulous Research®

Wireless Electric Vehicle Charging Systems Market by Type (Dynamic, Static), Component (Base Pads, Vehicle Pads), Technology, Application, Vehicle Type (BEV, PHEV), Power Supply, End Use, Distribution Channel and Geography - Global Forecast to 2030

/EIN News/ -- Redding, California, June 05, 2023 (GLOBE NEWSWIRE) -- According to a new market research report titled, ‘Wireless Electric Vehicle Charging Systems Market by Type (Dynamic, Static), Component (Base Pads, Vehicle Pads), Technology, Application, Vehicle Type (BEV, PHEV), Power Supply, End User, Distribution Channel and Geography—Global Forecasts to 2030’, the wireless EV charging systems market is projected to reach $2.5 billion by 2030, at a CAGR of 50.1% from 2023 to 2030.

Wireless electric vehicle charging systems are charging systems that use wireless power transfer technology to transfer power over the air from a pad embedded in the ground to a pad attached to the underbelly of an electric vehicle to charge the vehicle’s battery. These pads are either installed in the parking spaces of commercial infrastructures and private garages for charging one vehicle at a time or along a stretch on the road for charging multiple vehicles while they are on the move. Wireless charging systems potentially help in avoiding plug-in problems usually faced with wired charging systems.

Download Free Sample Report Now: https://www.meticulousresearch.com/download-sample-report/cp_id=5178

Some of the factors driving the growth of this market are the rising demand for electric vehicle fast-charging infrastructure for fleet operations globally, the increasing implementation of wireless charging infrastructure in European countries, and the increasing prevalence of range anxiety. However, the high cost of implementing wireless charging infrastructure restrains the growth of this market.

The wireless electric vehicle charging systems market is segmented by type (static and dynamic), component (base pads, vehicle pads, power control unit, and battery management systems), technology (resonant inductive wireless electric vehicle charging systems, permanent magnet gear wireless electric vehicle charging systems, capacitive wireless electric vehicle charging systems, and inductive wireless electric vehicle charging systems), application (commercial wireless electric vehicle charging systems, and residential wireless electric vehicle charging systems), end use (passenger vehicles, light commercial vehicles, heavy commercial vehicles, and electric two-wheelers), vehicle type (battery electric vehicle and plug-in hybrid electric vehicle), distribution channel (OEM and aftermarket). The study also evaluates industry competitors and analyses the market at the regional and country levels.

Based on type, the global wireless electric vehicle charging systems is segmented into static and dynamic. In 2023, the static segment is expected to account for the larger share of the global wireless electric vehicle charging systems market. This segment is also projected to record the highest CAGR during the forecast period. Growing favorable initiatives to deploy static charging systems by market players and the convenience offered by wireless electric vehicle charging are expected to drive the growth of this segment.

Based on component, the global wireless electric vehicle charging systems is segmented into base pads, vehicle pads, power control units, and battery management systems. In 2023, the base pads segment is expected to account for the largest share of the global wireless EV charging systems market. The large market share of this segment is attributed to the growing deployment of static wireless charging stations and increasing pilot projects of wireless charging of electric vehicles.

However, the vehicle pads segment is projected to record the highest CAGR during the forecast period. The growth of this segment is driven by increasing initiatives by automotive companies to incorporate wireless electric vehicle charging capabilities in electric vehicles, increasing pilot projects of wireless electric vehicle charging systems, and standardization of vehicles pad for interoperability.

Have Any Query? Ask To Analyst: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5178

Based on technology, the global wireless electric vehicle charging systems market is segmented into resonant inductive wireless electric vehicle charging systems, permanent magnet gear wireless electric vehicle charging systems, capacitive wireless electric vehicle charging systems, and inductive wireless electric vehicle charging systems. In 2023, the inductive wireless electric vehicle charging systems segment is expected to account for the largest share of the global wireless electric vehicle charging systems market.  However, the capacitive wireless electric vehicle charging systems segment is projected to record the highest CAGR during the forecast period. Increasing initiatives in the wireless electric vehicle charging space and the minimal loss of power in power transfer using capacitive technology are expected to support segment growth.

Based on power supply, the global wireless electric vehicle charging systems is segmented into less than 11 kW, more than 50 kW, and 11 kW to 50 kW. In 2023, the 11 kW to 50 kW segment is expected to account for the largest share of the global wireless electric vehicle charging systems. The large market share of this segment is attributed to the growing demand for public and private charging infrastructure and the increasing installation of wireless electric vehicle charging systems.

Based on end use, the global wireless electric vehicle charging systems market is segmented into commercial wireless electric vehicle charging systems and residential wireless electric vehicle charging systems. In 2023, the commercial wireless electric vehicle charging systems segment is expected to account for the largest share of the global wireless electric vehicle charging systems market. This segment's large market share is attributed to government efforts to promote passenger EVs, growing electric buses and increasing commercial EV charging stations.

However, the residential wireless electric vehicle charging systems segment is projected to record the highest CAGR during the forecast period. The lower cost of electricity for residential spaces than commercial spaces and the growing number of private electric vehicles is expected to support the growth of this segment.

Based on vehicle type, the global wireless electric vehicle charging systems is segmented into battery electric vehicles and plug-in hybrid electric vehicles. In 2023, the battery electric vehicles segment is expected to account for the largest share of the global wireless electric vehicle charging systems market. This segment's large market share is attributed to the growing adoption of battery electric vehicles, increasing electric vehicle adoption by organizations and increasing pilot projects of wireless electric vehicle charging.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/wireless-electric-vehicle-charging-systems-market-5178

However, the plug-in hybrid electric vehicles segment is projected to record the highest CAGR during the forecast period. Growing initiatives to demonstrate wireless electric vehicle charging for plug-in hybrid electric vehicles by key market players and the growing demand for plug-in hybrid electric vehicles are expected to support the growth of this segment.

Based on application, the global wireless electric vehicle charging systems market is segmented into light commercial vehicles, heavy commercial vehicles, passenger vehicles, and electric two-wheelers. In 2023, the passenger vehicles segment is expected to account for the largest share of the global wireless EV charging systems market. This segment's large market share is attributed to the launch of EV car models and the initiatives by companies to retrofit systems into EVs.

However, the electric two-wheelers segment is projected to record the highest CAGR during the forecast period. The growing demand for public and private charging infrastructure and the increasing installation of wireless electric vehicle charging systems are expected to support the growth of this segment.

Based on distributon channel, the global static wireless electric vehicle charging systems is segmented into OEM and aftermarket. In 2023, the OEM segment is expected to account for the largest share of the global static wireless EV charging systems market. This segment's large market share is attributed to growing new EV models and companies’ initiatives to integrate wireless electric vehicle charging technology in EV models.

However, the aftermarket segment is projected to record the highest CAGR during the forecast period. Initiatives to offer aftermarket options of wireless charging systems to electric vehicle owners by key market players and the rapid adoption of electric vehicles are expected to support the growth of this segment.

Based on geography, the wireless electric vehicle charging systems market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Europe is expected to account for the largest share of the global wireless EV charging systems market. The increasing number of wireless electric vehicle charging pilot projects throughout Europe, the increasing adoption of electric vehicles in Europe, and supportive government initiatives are driving the growth of the wireless electric vehicle charging systems market in Europe.

Key Players:

Some of the key players operating in the wireless electric vehicle charging systems are Witricity Corporation (U.S.), Mojo Mobility Inc. (U.S.), HEVO Inc. (U.S.), WAVE, LLC (U.S.), Continental AG (Germany), DAIHEN Corporation (Japan), Toshiba Corporation (Japan), ZTE Corporation (China), ElectReon Wireless Ltd. (Israel), Conductix-Wampfler GmbH (Germany), Integrated Infrastructure Solutions GmbH (Germany), Plugless Power LLC (U.S.), TGOOD Global Ltd. (China), InductEV Inc. (U.S.) and Lumen Pty Ltd (Australia).

“Exciting news! We are thrilled to announce an incredible opportunity for you!

For a limited time only, we are delighted to offer an exclusive flat 30% discount on all our remarkable research reports. It's our way of showing appreciation for your continuous support and commitment to staying informed. This remarkable discount allows you to unlock a wealth of valuable insights and expert analysis at an unbeatable price. Whether you're a business professional, an academic researcher, or an avid learner, this offer is tailor-made to enhance your knowledge and empower your decision-making.”

Quick Buy:  https://www.meticulousresearch.com/Checkout/72562325

Scope of the report:

Wireless Electric Vehicle Charging Systems, by Type

• Static
• Dynamic

Wireless Electric Vehicle Charging Systems, by Component

• Base Pads
• Vehicle Pads
• Power Control Units
• Battery Management Systems

Wireless Electric Vehicle Charging Systems, by Technology

• Resonant inductive Wireless Electric Vehicle Charging Systems
• Permanent Magnet Gear Wireless Electric Vehicle Charging Systems
• Capacitive Wireless Electric Vehicle Charging Systems
• Inductive Wireless Electric Vehicle Charging Systems

Wireless Electric Vehicle Charging Systems, by Power Supply

• Less Than 11 kW
• More Than 50 kW
• 11 kW to 50 kW

Wireless Electric Vehicle Charging Systems, by End Use

• Commercial Wireless Electric Vehicle (EV) Charging Systems
• Residential Wireless Electric Vehicle (EV) Charging Systems

Wireless Electric Vehicle Charging Systems, by Vehicle Type

• Battery Electric Vehicles
• Plug-in Hybrid Electric Vehicles

Wireless Electric Vehicle Charging Systems, by Application

• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Passenger Vehicles
• Electric Two-wheelers

Static Wireless Electric Vehicle Charging Systems, by Distribution Channel

• Aftermarket
• OEM

Wireless Electric Vehicle Charging Systems, by Geography

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • Sweden
  • UK
  • France
  • Norway
  • Italy
  • Spain
  • Switzerland
  • Netherlands
  • Denmark
  • Portugal
  • Rest of Europe
• Asia-Pacific
  • China
  • South Korea
  • Japan
  • India
  • Australia
  • Singapore
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• Middle East & Africa
  • UAE
  • Israel
  • Saudi Arabia
  • South Africa
  • Rest of the Middle East & Africa

Request Free Sample Report Now: https://www.meticulousresearch.com/request-sample-report/cp_id=5178

Related Report:

Electric Vehicle Battery Market by Type (Li-ion, Ni-MH, SLA, Ultracapacitors, Solid-state Batteries), Capacity (<50 kWh, 51-100 kWh, 101-300 kWh, >300 kWh), Bonding Type (Wire, Laser), Form, Application, End-user, and Geography - Global Forecast to 2028

https://www.meticulousresearch.com/product/EV-battery-market-5210

 Electric Vehicle Charging Stations Market by Charging Type (Level 1, Level 2, DCFC), Connection Type (Pantograph, Connector, Wireless), Component (Hardware, Software, Services), Mounting Type (Wall, Pedestal, and Ceiling), Vehicle Type, End User, and Geography - Global Forecast to 2028

https://www.meticulousresearch.com/product/electric-vehicle-charging-stations-market-5078

  Electric Vehicle (EV) Market by Vehicle Type (Passenger Vehicles, LCVs, HCVs, Two-wheelers, e-Scooters & Bikes), Propulsion Type (BEV, FCEV, PHEV, HEV), End Use (Private, Commercial, Industrial), Power Output, Charging Standard, and Geography - Global Forecast to 2027

https://www.meticulousresearch.com/product/electric-vehicle-market-5179

EV Battery Management Market by Vehicle Type (Electric Cars, LCV, HCV, E-scooters & Motorcycles, and E-bikes), Configuration, Design, Topology, Voltage, Cell Balancing Method, and Geography - Global Forecast to 2029

https://www.meticulousresearch.com/product/ev-battery-management-market-5337

Electric Scooter Market by Vehicle Type (Electric Motorcycles, E-scooters & Bikes), Power Output (Less Than 3.6kW, 3.6kW to 7.2kW), Battery Technology (SLA, Li-ion, Li-ion Polymer), Motor Type, Charging Type, End-user - Global Forecast to 2028

https://www.meticulousresearch.com/product/electric-scooter-market-5191
About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding, 
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com 
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Content Source:  https://www.meticulousresearch.com/pressrelease/397/wireless-electric-vehicle-charging-systems-market-2030

Mr. Khushal Bombe
                    Meticulous Research®
                    Direct Lines: +1-646-781-8004 (North America)
                    +44-203-868-8738 (Europe)
                    +91 744-7780008 (Asia-Pacific)
                    Email- sales@meticulousresearch.com
                    Visit Our Website: https://www.meticulousresearch.com/
                    Meticulous Research® Blog: https://meticulousblog.org/
                    Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research