This Dynamic Wireless Electric Vehicle (EV) Charging Market sector is rapidly evolving, with substantial growth and advancements expected by 2031. In-depth market research offers a comprehensive analysis of market size, share, and trends, providing crucial insights into its expansion. The report explores market segmentation and definitions, elucidating key components and drivers. Utilizing SWOT and PESTEL analyses, it evaluates the market's strengths, weaknesses, opportunities, and threats, as well as political, economic, social, technological, environmental, and legal factors. Expert Competitors Analysis insights and recent developments shed light on the geographical distribution and project the market's future trajectory, laying a strong foundation for strategic planning and investment.
What is the projected market size & growth rate of the Dynamic Wireless Electric Vehicle (EV) Charging Market?
Market Analysis and Size
The essential factors contributing to the growth of the global dynamic wireless electric vehicle (EV) charging market in the forecast period of 2023-2030 include government initiatives on electric vehicles usage for reducing tail pipe emissions. The increasing demand for electric vehicles and the requirement for charging stations is rising widely all over the world. The plug-in charging stations take more time for charging, the on-the-go wireless electric vehicle chargers provide range extension and enable fast charging. The dynamic wireless charging has high applications for cars, bikes, scooters and commercial fleets. Thus, the growth of the wireless electric vehicle market is further contributing in the market’s growth.
Data Bridge Market Research analyses that the global dynamic wireless electric vehicle (EV) charging market which was USD 14,940.24 thousand in 2022, is expected to reach USD 3,36,549.07 thousand by 2030, growing at a CAGR of 47.6% during the forecast period of 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Browse Detailed TOC, Tables and Figures with Charts which is spread across 350 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.
This research report is the result of an extensive primary and secondary research effort into the Dynamic Wireless Electric Vehicle (EV) Charging market. It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Dynamic Wireless Electric Vehicle (EV) Charging Market.
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Which are the driving factors of the Dynamic Wireless Electric Vehicle (EV) Charging market?
The driving factors of the Dynamic Wireless Electric Vehicle (EV) Charging market include technological advancements that enhance product efficiency and user experience, increasing consumer demand driven by changing lifestyle preferences, and favorable government regulations and policies that support market growth. Additionally, rising investment in research and development and the expanding application scope of Dynamic Wireless Electric Vehicle (EV) Charging across various industries further propel market expansion.
Dynamic Wireless Electric Vehicle (EV) Charging Market - Competitive and Segmentation Analysis:
Global Dynamic Wireless Electric Vehicle (EV) Charging Market, By Power Supply (3 - < 11 KW, 11-50 KW, >50 KW), Vehicle (Commercial Vehicles, Passenger Cars), Application (Commercial Charging Station, Home Charging Unit), Components (Base Charging Pad, Power Control Unit, Vehicle Charging Pad, Transmitter, Receiver), Charging Type (Dynamic Wireless Charging System, Stationary Wireless Charging System), Distribution Channel (Aftermarket, Original Equipment Manufacturer), Propulsion Type (Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicle (PHEV), Charging Electric Vehicles), Charging System (Inductive Power Transfer, Capacitive Power Transfer, Magnetic Power Transfer, Resonance Inductive Power Transfer) - Industry Trends and Forecast to 2023 to 2030.
How do you determine the list of the key players included in the report?
With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.
Which are the top companies operating in the Dynamic Wireless Electric Vehicle (EV) Charging market?
Some of the major players operating in the dynamic wireless electric vehicle (EV) charging market are:
- Qualcomm Technologies, Inc. (U.S.)
- WiTricity Corporation. (U.S.)
- Continental AG (Germany)
- Bombardier (Canada)
- WAVE, LLC. (U.S.)
- Fortum (Finland)
- Hyundai Motor Company (India)
- Electreon (Israel)
- OpConnect, Inc., (Portland)
- Franklin Electric EV Systems (Germany)
- Siemens (India)
- Rockwell Automation (U.S.)
- TECO Electric & Machinery Co.,Ltd. (Taiwan)
- HYOSUNG HEAVY INDUSTRIES. (South Korea)
- DENSO CORPORATION. (Japan)
- Wolong Electric Group (U.S.)
- Johnson Electric Holdings Limited (Hong Kong)
- TOSHIBA CORPORATION (Japan)
Short Description About Dynamic Wireless Electric Vehicle (EV) Charging Market:
The Global Dynamic Wireless Electric Vehicle (EV) Charging market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
North America, especially The United States, will still play an important role which can not be ignored. Any changes from United States might affect the development trend of Dynamic Wireless Electric Vehicle (EV) Charging. The market in North America is expected to grow considerably during the forecast period. The high adoption of advanced technology and the presence of large players in this region are likely to create ample growth opportunities for the market.
Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2024-2031.
Dynamic Wireless Electric Vehicle (EV) Charging Market size is projected to reach Multimillion USD by 2031, In comparison to 2024, at unexpected CAGR during 2024-2031.
Despite the presence of intense competition, due to the global recovery trend is clear, investors are still optimistic about this area, and it will still be more new investments entering the field in the future.
This report focuses on the Dynamic Wireless Electric Vehicle (EV) Charging in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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What are your main data sources?
Both Primary and Secondary data sources are being used while compiling the report. Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2031) of the following regions are covered in Chapters
What are the key regions in the global Dynamic Wireless Electric Vehicle (EV) Charging market?
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
This Dynamic Wireless Electric Vehicle (EV) Charging Market Research/Analysis Report Contains Answers to your following Questions
- What are the global trends in the Dynamic Wireless Electric Vehicle (EV) Charging market?
- Would the market witness an increase or decline in the demand in the coming years?
- What is the estimated demand for different types of products in Dynamic Wireless Electric Vehicle (EV) Charging?
- What are the upcoming industry applications and trends for Dynamic Wireless Electric Vehicle (EV) Charging market?
- What Are Projections of Global Dynamic Wireless Electric Vehicle (EV) Charging Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
- Where will the strategic developments take the industry in the mid to long-term?
- What are the factors contributing to the final price of Dynamic Wireless Electric Vehicle (EV) Charging?
- What are the raw materials used for Dynamic Wireless Electric Vehicle (EV) Charging manufacturing?
- How big is the opportunity for the Dynamic Wireless Electric Vehicle (EV) Charging market?
- How will the increasing adoption of Dynamic Wireless Electric Vehicle (EV) Charging for mining impact the growth rate of the overall market?
- How much is the global Dynamic Wireless Electric Vehicle (EV) Charging market worth? What was the value of the market In 2020?
- Who are the major players operating in the Dynamic Wireless Electric Vehicle (EV) Charging market? Which companies are the front runners?
- Which are the recent industry trends that can be implemented to generate additional revenue streams?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Dynamic Wireless Electric Vehicle (EV) Charging Industry?
Customization of the Report
Can I modify the scope of the report and customize it to suit my requirements? Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.
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Detailed TOC of Global Dynamic Wireless Electric Vehicle (EV) Charging Market Insights and Forecast to 2031
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Market Overview
- Dynamic Wireless Electric Vehicle (EV) Charging Market By Type
- Dynamic Wireless Electric Vehicle (EV) Charging Market By Function
- Dynamic Wireless Electric Vehicle (EV) Charging Market By Material
- Dynamic Wireless Electric Vehicle (EV) Charging Market By End User
- Dynamic Wireless Electric Vehicle (EV) Charging Market By Region
- Dynamic Wireless Electric Vehicle (EV) Charging Market: Company Landscape
- SWOT Analysis
- Company Profiles
- Continued...
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