Report overview
Electric vehicles are gaining importance in modern times because of the rise in global fuel prices and alarming levels of air pollution. There is widespread concern about the negative effects of global warming. In such a scenario the rapid adoption of electric vehicles is seen as the most viable solution. The time taken to charge electric vehicles was one of the major concerns, but with the advent of wireless inductive charging this issue has been resolved. Inductive wireless charging is considered a major breakthrough as it has made the use of plugs and cords redundant. Inductive charging takes place when an electromagnetic field transfers energy between two coils.
Advantages
Protected connections ? No corrosion when the electronics are all enclosed, away from water or oxygen in the atmosphere. Less risk of electrical faults such as short circuit due to insulation failure, especially where connections are made or broken frequently.
Low infection risk ? For embedded medical devices, transmission of power via a magnetic field passing through the skin avoids the infection risks associated with wires penetrating the skin.
Durability ? Without the need to constantly plug and unplug the device, there is significantly less wear and tear on the socket of the device and the attaching cable.
Increased convenience and aesthetic quality ? No need for cables
Disadvantages
Slower charging ? Due to the lower efficiency, devices take longer to charge when supplied power is the same amount.
More expensive ? Inductive charging also requires drive electronics and coils in both device and charger, increasing the complexity and cost of manufacturing.
This report aims to provide a comprehensive presentation of the global market for Automotive Inductive Wireless Charging Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Inductive Wireless Charging Systems. This report contains market size and forecasts of Automotive Inductive Wireless Charging Systems in global, including the following market information:
Global Automotive Inductive Wireless Charging Systems Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automotive Inductive Wireless Charging Systems Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Automotive Inductive Wireless Charging Systems companies in 2022 (%)
The global Automotive Inductive Wireless Charging Systems market was valued at US$ 202.6 million in 2022 and is projected to reach US$ 2485.3 million by 2029, at a CAGR of 43.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Currently, The industry concentration is high, the technical barriers and financial barriers of Automotive Inductive Wireless Charging Systems are also high. In particular, as the market leader in Automotive Inductive Wireless Charging Systems, Bosch take the global market share of about 44%, other key manufacturers include Qualcomm, Texas Instruments, WiTricity, Fulton Innovation.
We surveyed the Automotive Inductive Wireless Charging Systems manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Inductive Wireless Charging Systems Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Inductive Wireless Charging Systems Market Segment Percentages, by Type, 2022 (%)
Electromagnetic Induction
Magnetic Resonance
Global Automotive Inductive Wireless Charging Systems Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Inductive Wireless Charging Systems Market Segment Percentages, by Application, 2022 (%)
Passenger Vehicles
Commercial Vehicles
Global Automotive Inductive Wireless Charging Systems Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Inductive Wireless Charging Systems Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Inductive Wireless Charging Systems revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive Inductive Wireless Charging Systems revenues share in global market, 2022 (%)
Key companies Automotive Inductive Wireless Charging Systems sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Automotive Inductive Wireless Charging Systems sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bosch
Qualcomm
Texas Instruments
WiTricity
Fulton Innovation
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Inductive Wireless Charging Systems, market overview.
Chapter 2: Global Automotive Inductive Wireless Charging Systems market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive Inductive Wireless Charging Systems manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Inductive Wireless Charging Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automotive Inductive Wireless Charging Systems capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
