According to the recent study the wireless EV charging system market is projected to reach an estimated $XX million by 2027 from $XX million in 2021, at a CAGR of 50.9% from 2021 to 2027. Growth in this market is primarily driven by growth of electric vehicles and huge investment in charging station infrastructure by players.
Browse 85 figures / charts and 75 tables in this 163 -page report to understand trends, opportunities and forecast in wireless EV charging system market by charging type (dynamic and stationary), power supply range(3-11 KW, 11-50 KW, and more than 50 KW), installation type (commercial and home), charging station type (original equipment market and aftermarket), components (base charging pads, power control units, and vehicle charging pads), propulsion type (Battery Electric Vehicles (BEVs) and Plug-In Hybrid Electric Vehicles (PHEVs)), vehicle type (passenger cars and commercial vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World)
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“Stationary market is expected to remain the largest segment during the forecast period.”
Based on charging type, the wireless EV charging system market is segmented into dynamic and stationary. Lucintel forecasts that the stationary market is expected to remain the largest segment due to its user friendliness and wider application.
“Within the wireless EV charging system market, the battery electric vehicle segment is expected to remain the largest propulsion type”
Based on propulsion type the battery electric vehicle segment is expected to witness the highest growth over the forecast period due to increasing production of battery electric vehicles.
“Europe will dominate the wireless EV charging system market in near future”
Europe will remain the largest region due to the growing electric vehicle market. APAC is expected to witness the highest growth over the forecast period supported by growth of electric vehicles due to supportive government policies.
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Major players of wireless EV charging system market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. WiTricity Corporation, Evatran Group, HEVO Power, Momentum Dynamics, Conductix-Wampfler, BMW, and WAVE are among the major wireless EV charging system providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/wireless-electric-vehicle-charging-system-market.aspx or firstname.lastname@example.org