DUBLIN--(BUSINESS WIRE)--The "Global Wireless Charging Market for Electric Vehicles - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global wireless charging market for electric vehicles is expected to register a CAGR of 45% during the forecast period. The massive amount of R&D and investment in the wireless technology is set to drive the market at a high growth rate. Manufacturers are also realizing that consumers are ready to pay premium prices for a product that exactly serves the purpose.
One of the key issues in the electric vehicles is range. EVs may be suitable for short distances or city commuting, but anything over 200 miles requires a recharge. Scientists at Stanford have come up with a solution to this problem - transferring electricity wirelessly to a moving object. Qualcomm has demonstrated a new wireless dynamic electric vehicle charging (DEVC) system at highway speeds which is capable of charging an electric vehicle dynamically, at up to 20 KW at the speed of 100 km/h.
Europe is expected to be the largest manufacturing hub, and also the largest market for wireless charging stations. This growth owes to the availability of viable infrastructures to support electric vehicle sales. Electric vehicles are considered to be a viable option for customers while purchasing a vehicle. The sales of electric vehicles in the European region have been on the rise, since the last five years.
- Hella Aglaia Mobile Vision
- Tesla Motors
- OLEV Technologies
- HEVO Power
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Key Findings of the Study
5. Market Overview and Technology Trends
6. Market Dynamics
7. Global Wireless Charging for Electric Vehicles Market, by Geography
8. Competitive Landscape
9. Company Profiles
10. Future Outlook of the Market
For more information about this report visit https://www.researchandmarkets.com/research/7z58hs/global_wireless?w=4