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Global Wireless Electric Vehicle Charging Station Market Insight January 5, 2022 Comments

Global Wireless Electric Vehicle Charging Station Market has witnessed growing treads over the five years. According to the World Knowledge Information (WKI)Global Wireless Electric Vehicle Charging Station Market Report 2021, Forecast to 2026. The compound annual growth rate (CAGR) for the 2021-2026 period is projected to be 20.5% base on WKI regression analysis model.
Analysts’ Viewpoint:
“The OEMs segment and governments are emphasizing on electric vehicles usage as an effort to reduce tail pipeemissions. With the increase in demand for electric vehicles, the requirement for charging stations is expected tosignificantly increase in the near future.As the plug-in charging stations take longer hours for charging, the on-the-gowireless electric vehicle chargers can cater to the need and provide range extension.The wireless charging has highapplications for cars as well as for commercial fleets; thus, fostering the wireless electric vehicle charging market.”said Wikky, Senior analyst, Global New Energy Market Research Center in WKI.
Market Insight:
Electric car charging station companies have added quick wireless charging features to give consumers a better sense of the user experience.According to Market News:Wireless charging for cars works similarly to wireless phone chargers, using inductive charging technology.Electricity is transferred through an air gap from one magnetic coil in the charger-hidden underneath the road surface-to a second magnetic coil fitted to the underside of a car.Drivers just need to park their car in a position where the coils are aligned for charging to begin.But rather than being able to lift a few millimetres off the charging station like with phones, a car can be positioned several inches away and still charge.Wireless charging at taxi ranks is being trialled in the UK city of Nottingham as part of a £3.4m ($4.4m) government trial.It’s hoped the technology could enable taxi drivers to recharge more easily and minimise street clutter caused by charging devices, and could later be rolled out for broader public use.
Competition Landscape:
The global Wireless Electric Vehicle Charging Stations market is dominated by major players such as Bombardier, Continental AG,Evatran Group,Fulton Innovation, Integrated Device Technology, Powermat TechnologiesLtd,Qualcomm,Robert Bosch GmbH,Texas Instruments,Toyota Motor Corporation, and Witricity Corporation.These companies have strong distribution networks at a global level. In addition, these companies offer an extensive product range in this market. These companies adopt strategies such as new product developments, collaborations, and contracts & agreements to sustain their market position.

Segmentation of Wireless Electric Vehicle Charging Station Market:
The market segmentation is based on charging type,Wireless charging is divided into Dynamic Wireless Charging System and Stationary Wireless Charging System.The stationary wireless charging system is convenient, safe, and reliable. This technology is interoperable as drivers can charge their vehicles with any wireless charging system. Also, vehicles can be charged in the parking spot and public places wirelessly. The growth of stationary wireless charging system has contributed to the expansion of charging networks for electric vehicles. Many companies have introduced stationary wireless charging systems. For instance, Evatran (Plugless) has introduced a stationary wireless charging system for Nissan Leaf and Chevrolet Volt.
Wireless Electric Vehicle Charging Station Market: Regional Analysis
In terms of geography, the Global Wireless Electric Vehicle Charging Station market has been segmented into: North America, Asia-Pacific, Europe, South America, and the Middle East and Africa. Europe dominates the Wireless Electric Vehicle Charging Station market,The availability of well-developed infrastructure enables the incorporation of wireless charging infrastructure in this region.Increase in electric vehicle sales and sound infrastructure with a large number of charging stations would drive the market for wireless charging of electric vehicles in the European region.
Cagr: 20.5%
Largest share area:Europe

Largest share country:UK