Global Automotive Wireless Charging Market Growth (Status and Outlook) 2023-2029

Global Automotive Wireless Charging Market Growth (Status and Outlook) 2023-2029

Wireless charging is a great out of sight, out of mind solution to keep your EV humming along. Much like placing the smartphone on a charging pad each night instead of plugging it in, wireless car charging will fill the vehicle’s battery when park over a charger on the ground beneath it. No need to lift bulky cables out of the boot, and no need to actually have those cables with you in the first place. Just park and charge.
LPI (LP Information)' newest research report, the “Automotive Wireless Charging Industry Forecast” looks at past sales and reviews total world Automotive Wireless Charging sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Wireless Charging sales for 2023 through 2029. With Automotive Wireless Charging sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Wireless Charging industry.
This Insight Report provides a comprehensive analysis of the global Automotive Wireless Charging landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Wireless Charging portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Wireless Charging market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Wireless Charging and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Wireless Charging.
The global Automotive Wireless Charging market size is projected to grow from US$ 223.3 million in 2022 to US$ 2251.3 million in 2029; it is expected to grow at a CAGR of 39.1% from 2023 to 2029.
United States has the largest global export quantity and manufacturers in Automotive Wireless Charging market, while the Europe is the second sales volume market for Automotive Wireless Charging in 2019. The consumption of Asia-Pacific region will increase rapidly in the future.
In the industry, WiTricity profits most in 2019 and recent years, while Elix and Momentum Dynamics ranked 2 and 3. The market share of them is 32.18%, 23.88% and 23.46% in 2019.
Nowadays, there are three mainly types of Automotive Wireless Charging, including Electromagnetic Induction, Magnetic Resonance and Magneto-Dynamic Coupling. And Magnetic Resonance is the main type for Automotive Wireless Charging, and the Magnetic Resonance reached 55.65% of global sales value.
The application of Automotive Wireless Charging can be divided into Passenger Automotive
and Public Transportation Automotive, the market share of Passenger Automotive is the higher, which is about 71% in 2020.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Wireless Charging market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Electromagnetic Induction
Magnetic Resonance
Magneto-Dynamic Coupling
Segmentation by application
Passenger Automotive
Public Transportation Automotive
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
WiTricity
Elix
Momentum Dynamics
Plugless (Evatran)
Toshiba
Bombardier
ZTEV

Please note: The report will take approximately 2 business days to prepare and deliver.