Wireless Car Charging Market Analysis

The market is segmented by vehicle type into plug-in hybrid electric vehicles (PHEV), battery electric vehicles (BEV), and commercial electric vehicles (CEV), out of which, the BEV segment is expected to hold the largest share in the electric vehicle wireless charging market. This can be accounted to the large-scale adoption of these vehicles as a result of stringent government regulations to reduce emissions, and the rising emphasis of big automotive conglomerates to offer improved car charging experience. Furthermore, based on charging type, the segment for stationary wireless charging is projected to occupy a significant market share, which can be credited to the high convenience and reliability of these systems. Along with this, stationary charging offers the ease of charging an electric vehicle effortlessly in a public place, which is another factor assessed to drive growth to this market segment in the forecast period.

Our in-depth analysis of the global market includes the following segments