Wireless Electric Vehicle Charging Market
The global wireless electric vehicle charging market is growing at a significant rate.
The growing understanding of the importance of protecting the environment and
limiting the use of fossil fuels has prompted governments and other organizations to
invest in wireless car charging research and development.
On the basis of the charging type, since it is a breakthrough technology for the
industry, the dynamic wireless charging of electric vehicle classification is expected
to see the fastest wireless electric vehicle charging market growth during the forecast
On the basis of vehicle type, since the demand for commercial charging stations is
comparatively higher, the commercial vehicle segment is expected to grow at a faster
rate during the forecast period.
Of all applications, over the forecast era, the demand for public or commercial
charging stations is projected to rise at a faster pace, as charging units for public or
commercial charging stations would require fast charging facilities, allowing vehicles
to be charged at a faster rate in a shorter amount of time.
The main trends identified in the growth of the global wireless electric vehicle
charging market are an increasing global trend pertaining to charging infrastructure
and electric mobility.
The key factors driving the growth of the global wireless electric vehicle charging
market are increased investment in R&D initiatives for wireless car charging, as well
as increased use of electric vehicles to minimise hazardous emissions and reduce
During the forecast era, the wireless electric vehicle charging market in Asia-Pacific
is expected to expand at the fastest pace. The wireless electric vehicle charging market
in Asia-Pacific is expanding as a significant portion of the world's manufacturing
units are located there, and the region's rising population has exacerbated emission
parameters, emphasising the adoption of electric vehicles.
HEVO Inc., Integra