LONDON--(BUSINESS WIRE)--TechNavio, a tech-focused research firm, has published a new report on the Global Automotive Inductive Wireless Charging Systems Market, which is expected to grow at a CAGR of 24.31 percent from 2014-2018.
According to the new report, concern about the environment and greenhouse gas emissions have seriously impacted the automotive sector, as the industry is considered a major contributor of such emissions. However, advances in technology in the auto industry have helped reduce emissions to a certain extent.
“Electric vehicles have become an alternative and the most viable solution to the problem of emissions,” says Faisal Ghaus, Vice President of TechNavio.
Governments around the world are playing an active role in protecting the environment and are making efforts to reduce greenhouse gas emissions and their carbon footprint. They are making genuine efforts to promote cleaner methods of transportation and encourage more people to adopt eco-friendly technology.
“Stringent environmental standards and alternative engines will boost the Global Automotive Inductive Wireless Charging Systems Market, which will make wireless charging very relevant in terms of vehicle-to-infrastructure connectivity,” says Ghaus.
TechNavio currently has more than 3000 market research reports on a huge range of topics, including:
- Electric Vehicle Charging Station Market in Southeast Asia 2014-2018
- Global Wireless Chargers Market 2015-2019
TechNavio is a leading global technology research and advisory company.
Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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