Electric vehicles are gaining importance in modern times because of the rise in global fuel prices and alarming levels of air pollution. There is widespread concern about the negative effects of global warming. In such a scenario the rapid adoption of electric vehicles is seen as the most viable solution. The time taken to charge electric vehicles was one of the major concerns, but with the advent of wireless inductive charging this issue has been resolved. Inductive wireless charging is considered a major breakthrough as it has made the use of plugs and cords redundant. Inductive charging takes place when an electromagnetic field transfers energy between two coils.
Currently, The industry concentration is high, the technical barriers and financial barriers of Automotive Inductive Wireless Charging Systems are also high. The companies in the world that produce Automotive Inductive Wireless Charging Systems mainly concentrate in North America, Europe, Raw materials are also concentrated in these regions. In particular, as the market leader in Automotive Inductive Wireless Charging Systems, Bosch take the global market share of about 44.37% in 2015, other key manufacturers include Qualcomm, Texas Instruments, WiTricity, Fulton Innovation. The production of Automotive Inductive Wireless Charging Systems increased from 2048 K USD in 2014 to 18892 K USD in 2016, with an average growth rate of more than 200%.
In consumption market, the growth rate of global consumption is explosive. North America, Europe, China, Japan, Korea, Taiwan are still the mainly consumption regions, due to the advanced production technology and rapid development of economy. The global market for Automotive Inductive Wireless Charging Systems is expected to reach about 261915 K USD by 2022 from 18892 K USD in 2016.
The Automotive Inductive Wireless Charging Systems market was valued at 28 Million US$ in 2018 and is projected to reach 700 Million US$ by 2025, at a CAGR of 49.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Automotive Inductive Wireless Charging Systems.
This report presents the worldwide Automotive Inductive Wireless Charging Systems market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Bosch
Qualcomm
Texas Instruments
WiTricity
Fulton Innovation
Automotive Inductive Wireless Charging Systems Breakdown Data by Type
Electromagnetic Induction
Magnetic Resonance
Automotive Inductive Wireless Charging Systems Breakdown Data by Application
Passenger Vehicles
Commercial Vehicles
Automotive Inductive Wireless Charging Systems Production by Region
United States
Europe
China
Japan
South Korea
Other Regions
Automotive Inductive Wireless Charging Systems Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Automotive Inductive Wireless Charging Systems status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Automotive Inductive Wireless Charging Systems manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Automotive Inductive Wireless Charging Systems :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automotive Inductive Wireless Charging Systems market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Automotive Inductive Wireless Charging Systems. Industry analysis & Market Report on Automotive Inductive Wireless Charging Systems is a syndicated market report, published as Global Automotive Inductive Wireless Charging Systems Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Automotive Inductive Wireless Charging Systems market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.