Market Overview:
The global dynamic wireless EV charging system market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles and the rising awareness about environment-friendly transportation options. The global dynamic wireless EV charging system market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into base charging pad (transmitter), power control unit, and vehicle charging pad (receiver). The base charging pad (transmitter) segment is expected to hold a major share in terms of revenue in 2018 owing to its growing adoption for home as well as public Charging stations. On the basis of application,the market is divided into home Charging unit and public Charging station. The public Charging station segmentis projectedto grow at a higher CAGR duringthe forecast period due to government initiativesand subsidiesfor electric vehiclesin various countries acrossthe globe.
Product Definition:
A dynamic wireless EV charging system consists of a power transfer unit (PTU) installed in the ground at a parking spot and one or more charging units (CUs) installed in the vehicles. The PTU transfers power to the CUs through induction, using an alternating current (AC). When a CU is within range of the PTU, it automatically begins to charge.
Base Charging Pad (Transmitter):
Base charging pad (transmitter) is a device used to charge electric vehicles from an electric power source. It helps in maintaining the charge of the battery by regulating and controlling the flow of current from high voltage to low voltage. The base charging pad transmitter has an important role in dynamic wireless EV charging system as it helps in preventing overcharging and undercharging problems which may damage battery life.
Power Control Unit:
The power control unit (PCU) is a smart device that monitors and controls the charging process of electric vehicles. It helps in preventing overcharging, undercharging, and cable connection issues. PCUs are also responsible for maintaining the health of the EV battery during charging which ensures longevity & performance of battery during use as well as after use.
Application Insights:
The home charging unit application segment accounted for the largest revenue share in 2017 and is projected to expand at a steady CAGR from 2018 to 2030. The growing number of e-vehicles, increasing demand for residential electric vehicle chargers among consumers, and favorable government policies are some of the key factors driving the segment growth. For instance, various governments have announced subsidies or tax credits that encourage consumers to buy an e-vehicle. Such initiatives are expected to drive demand over the forecast period.
The public charging station application segment is estimated to register a notable CAGR over the forecast period owing to increased awareness about EV chargers among businesses and organizations as well as electric vehicle owners themselves. Numerous companies have been focusing on developing public EV charger networks across cities so that drivers who travel long distances can charge their vehicles overnight at commercial complexes or hotels without having their own private stations installed at homes or offices respectively.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing investments by companies for deploying DC fast charging infrastructure across the U.S., and Canada, as well as growing adoption of electric vehicles. Moreover, presence of major players such as EV Connections; AeroVironment, Inc.; ChargePoint; Greenlots; and Qualcomm Technologies LLC is also contributing toward regional growth.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing government initiatives for promoting electric vehicle charging infrastructure development across countries such China.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 20% during the forecast period. This will lead to an increase in the demand for dynamic wireless EV charging systems.
- Government initiatives and subsidies: Governments across the globe are promoting the adoption of electric vehicles by providing subsidies and incentives. This is expected to drive the growth of the dynamic wireless EV charging system market during the forecast period.
- Development of advanced technologies: The development of advanced technologies, such as inductive charging, is aiding in the growth ofthe dynamic wireless EV charging system market. These systems are becoming more efficient and reliable, which is resulting in their increased adoption by consumers and OEMs alike.
Scope Of The Report
Report Attributes
Report Details
Report Title
Dynamic Wireless EV Charging System Market Research Report
By Type
Base Charging Pad (Transmitter), Power Control Unit, Vehicle Charging Pad (Receiver)
By Application
Home Charging Unit, Public Charging Station
By Companies
Robert Bosch GmbH (Germany), Continental AG (Germany), Toyota Motor Corporation (Japan), Toshiba Corporation (Japan), WiTricity Corporation (U.S.), Nissan (Japan), General Motors (U.S.), Daimler AG (Germany), Robert Bosch GmbH (Germany)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Dynamic Wireless EV Charging System Market Report Segments:
The global Dynamic Wireless EV Charging System market is segmented on the basis of:
Types
Base Charging Pad (Transmitter), Power Control Unit, Vehicle Charging Pad (Receiver)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Charging Unit, Public Charging Station
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Robert Bosch GmbH (Germany)
- Continental AG (Germany)
- Toyota Motor Corporation (Japan)
- Toshiba Corporation (Japan)
- WiTricity Corporation (U.S.)
- Nissan (Japan)
- General Motors (U.S.)
- Daimler AG (Germany)
- Robert Bosch GmbH (Germany)
Highlights of The Dynamic Wireless EV Charging System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Base Charging Pad (Transmitter)
- Power Control Unit
- Vehicle Charging Pad (Receiver)
- By Application:
- Home Charging Unit
- Public Charging Station
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dynamic Wireless EV Charging System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dynamic Wireless EV Charging System is a wireless charging system that uses induction to charge electric vehicles.
Some of the major companies in the dynamic wireless ev charging system market are Robert Bosch GmbH (Germany), Continental AG (Germany), Toyota Motor Corporation (Japan), Toshiba Corporation (Japan), WiTricity Corporation (U.S.), Nissan (Japan), General Motors (U.S.), Daimler AG (Germany), Robert Bosch GmbH (Germany).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Dynamic Wireless EV Charging System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Dynamic Wireless EV Charging System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Dynamic Wireless EV Charging System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Dynamic Wireless EV Charging System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Dynamic Wireless EV Charging System Market Size & Forecast, 2020-2028
4.5.1 Dynamic Wireless EV Charging System Market Size and Y-o-Y Growth
4.5.2 Dynamic Wireless EV Charging System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Base Charging Pad (Transmitter)
5.2.2 Power Control Unit
5.2.3 Vehicle Charging Pad (Receiver)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Home Charging Unit
6.2.2 Public Charging Station
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Dynamic Wireless EV Charging System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Dynamic Wireless EV Charging System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Base Charging Pad (Transmitter)
9.6.2 Power Control Unit
9.6.3 Vehicle Charging Pad (Receiver)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Home Charging Unit
9.10.2 Public Charging Station
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Base Charging Pad (Transmitter)
10.6.2 Power Control Unit
10.6.3 Vehicle Charging Pad (Receiver)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Home Charging Unit
10.10.2 Public Charging Station
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Base Charging Pad (Transmitter)
11.6.2 Power Control Unit
11.6.3 Vehicle Charging Pad (Receiver)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Home Charging Unit
11.10.2 Public Charging Station
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Base Charging Pad (Transmitter)
12.6.2 Power Control Unit
12.6.3 Vehicle Charging Pad (Receiver)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Home Charging Unit
12.10.2 Public Charging Station
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Base Charging Pad (Transmitter)
13.6.2 Power Control Unit
13.6.3 Vehicle Charging Pad (Receiver)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Home Charging Unit
13.10.2 Public Charging Station
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Dynamic Wireless EV Charging System Market: Competitive Dashboard
14.2 Global Dynamic Wireless EV Charging System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Robert Bosch GmbH (Germany)
14.3.2 Continental AG (Germany)
14.3.3 Toyota Motor Corporation (Japan)
14.3.4 Toshiba Corporation (Japan)
14.3.5 WiTricity Corporation (U.S.)
14.3.6 Nissan (Japan)
14.3.7 General Motors (U.S.)
14.3.8 Daimler AG (Germany)
14.3.9 Robert Bosch GmbH (Germany)
