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Lucintel anticipates that Asia Pacific will be the fastest growing region in the wireless electric vehicle charging system market


   November 28, 2019
According to a new market report by Lucintel, the future of the wireless electric vehicle charging system market looks promising with opportunities in the electric passenger car, electric commercial vehicle, and electric two wheeler segments. The wireless electric vehicle charging system market is expected to grow with a CAGR of 49% from 2019 to 2024. The major drivers for this market are increasing demand for electric vehicles and high investment by industry players on fast charging infrastructure with the advantages of being energy efficient, safer, and cost effective as compared to the traditional charging systems.
To download report brochure, please go to https://www.lucintel.com/wireless-electric-vehicle-charging-system-market.aspx and click "report brochure" tab
Within the wireless electric vehicle charging system market, electric passenger cars, electric commercial vehicles, and electric two wheelers are the major end use industries. Electric commercial vehicle is the largest end use segment for the wireless electric vehicle charging system market.
Asia Pacific will remain the largest region over the forecast period due to increase in favorable government initiatives along with high-end technology adoption by EV manufacturers.
Continental, Robert Bosch, Qualcomm, Toyota Motor, Bombardier, Witricity, Hella KGaA Hueck & Co., Evatran Group, Toshiba, ZTE Corporation, Elix Wireless, HEVO Power are among the major manufacturers of electric vehicle wireless charging system.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the wireless electric vehicle charging system market by charging type, power supply range, charging station type, installation type, component, propulsion type, end use, and region. Lucintel has prepared a comprehensive research report titled "Wireless Electric Vehicle Charging System Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the wireless electric vehicle charging market by charging type, power supply range, charging station type, installation type, component, propulsion type, end use, and region as follows:
By Charging Type [$M shipment analysis for 2013 – 2024]
  • Dynamic Wireless Charging System
  • Stationery Wireless Charging System
By Power Supply Range [$M shipment analysis for 2013 – 2024]
  •  3-11KW
  • 11-50KW
  • Less than 50KW
By Charging Station Type [$M shipment analysis for 2013 – 2024]
  • Commercial Charging Stations
  • Home Charging Stations
By Propulsion Type [$M shipment analysis for 2013 – 2024]
  • Battery Electric Vehicle (BEV)
  • Plug-In Hybrid Electric Vehicle (PHEV)
By End Use [$M shipment analysis for 2013 – 2024]
  • Electric Passenger Cars
  • Electric Commercial Vehicle
  • Electric Two Wheeler
By Region [$M shipment analysis for 2013 – 2024]    
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Russia
    • France
    • United Kingdom
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
  • The Rest of the World
    • Brazil
    • Turkey
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/wireless-electric-vehicle-charging-system-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.