An exciting new study from the team of Lucintel found that wireless electric vehicle charging system market is expected to grow with a CAGR of 36%-38%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The wireless electric vehicle charging system market is segmented based on charging type, power supply range, charging station type, installation type, component, propulsion type, vehicle type, and region. In this market, stationary wireless charging system is the largest segment by charging type, whereas battery electric vehicle is largest by propulsion type. Players can benefit from the available opportunities like growth of electric vehicles due to supportive government policies.
The growing trend towards introduction of dynamic wireless charging systems, introduction of magnetizable concrete technology as well as autonomous parking concept are emerging trends having impact on dynamics of the industry.
WiTricity, Momentum Dynamics, Evatran, HEVO Power, BMW, WAVE, and IPT Technology GmbH are some of the major players profiled in this 162 -page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the wireless electric vehicle charging system market by charging type charging type (stationary wireless charging system and dynamic wireless charging system) power supply range (3-