Global Automotive Wireless Power Transmission Systems Market Growth 2023-2029

Global Automotive Wireless Power Transmission Systems Market Growth 2023-2029

Wireless Power Transfer (WPT) technology can transfer electrical energy from a transmitter to a receiver wirelessly. Due to its many advantages, WPT technology is a more adequate and suitable solution for many industrial applications compared to the power transfer by wires. Using WPT technology will reduce the annoyance of wires, improve the power transfer mechanisms.

Automotive Wireless Power Transmission Systems 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 Power Transmission Systems Industry Forecast” looks at past sales and reviews total world Automotive Wireless Power Transmission Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Wireless Power Transmission Systems sales for 2023 through 2029. With Automotive Wireless Power Transmission Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Wireless Power Transmission Systems industry.

This Insight Report provides a comprehensive analysis of the global Automotive Wireless Power Transmission Systems 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 Power Transmission Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Wireless Power Transmission Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Wireless Power Transmission Systems 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 Power Transmission Systems.

The global Automotive Wireless Power Transmission Systems market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Automotive Wireless Power Transmission Systems is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Automotive Wireless Power Transmission Systems is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Automotive Wireless Power Transmission Systems is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Automotive Wireless Power Transmission Systems players cover WiTricity, Momentum Dynamics, Plugless (Evatran), IPT Technology, WAVE (Ideanomics), Continental AG, ZTE, Toshiba and Mojo Mobility, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Wireless Power Transmission Systems market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Electromagnetic Induction
Magnetic Resonance
Magneto-Dynamic Coupling

Segmentation by application
Passenger Vehicles
Commercial Vehicles

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
Momentum Dynamics
Plugless (Evatran)
IPT Technology
WAVE (Ideanomics)
Continental AG
ZTE
Toshiba
Mojo Mobility
Electreon
HEVO
INTIS GmbH (IABG mbH)
Lumen Freedom
Xiamen Newyea Science and Technology
Teltel new energy (TGood )

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Wireless Power Transmission Systems market?

What factors are driving Automotive Wireless Power Transmission Systems market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Wireless Power Transmission Systems market opportunities vary by end market size?

How does Automotive Wireless Power Transmission Systems break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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