Global Wireless Car Charging Industry

Global Wireless Car Charging Industry

  • April 2021 •
  • 172 pages •
  • Report ID: 5960521 •
  • Format: PDF
Abstract:
- Global Wireless Car Charging Market to Reach $3.8 Billion by 2027
- Amid the COVID-19 crisis, the global market for Wireless Car Charging estimated at US$374.7 Million in the year 2020, is projected to reach a revised size of US$3.8 Billion by 2027, growing at aCAGR of 39.2% over the period 2020-2027. Hybrid Car, one of the segments analyzed in the report, is projected to record 31% CAGR and reach US$1.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Electric Car segment is readjusted to a revised 44.2% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $112.8 Million, While China is Forecast to Grow at 38.1% CAGR
- The Wireless Car Charging market in the U.S. is estimated at US$112.8 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$650.3 Million by the year 2027 trailing a CAGR of 38.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 35% and 34.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 27.9% CAGR.

- Select Competitors (Total 46 Featured) -
  • Bombardier, Inc.
  • Denso Corporation
  • Evatran (Plugless Power)
  • Hevo Power
  • Mojo Networks, Inc.
  • Momentum Dynamics Corp
  • Qualcomm, Inc.
  • TDK Corporation
  • Toshiba Corporation
  • Witricity Corporation
  • ZTE Corporation