Asia Pacific Wireless EV Charging Market is expected to reach USD XX Billion by 2024 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report). Inductive charging in other words also known as wireless charging or cordless charging uses an electromagnetic field for transferring energy between two objects throughout electromagnetic induction.
This is frequently done with a charging station. The energy is sent through an inductive coupling within an electrical device that can further use energy for charging batteries or for running the device. Electric vehicles are starting to use wireless charging for high-end car models. The utility such as reduction of pollution and efficient utilization of renewable sources has led to high demand for wireless EV charging market.
Wireless EV Charging market in Asia Pacific region is classified by application, component, power supply range, charging type, vehicle type, and geography. Application segment for the market comprises of home charging unit and public charging station. The public charging station held the largest market share as compared to the home charging unit. The growth of electric vehicles, higher demand for charging stations at close proximity along with government subsidies to boost renewable sources of transportation have together increased the overall market share of a public charging station. By component, the market comprises of base charging pad, a power control unit, and vehicle charging pad.
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The power control unit is the largest segment based on the component that can be accredited to its high application across home stations and public charging stations. Considering the power supply range segment, the market for wireless EV charging comprises of 3–<11 kW, 11–50 kW and >50 kW. The 3–<11 kW held the largest segment due to its high application in the home stations whereas the >50 kW segment type grew at the fastest rate during the current forecast period. The battery electric vehicles and plug-in hybrid electric vehicles are various vehicle types on the basis of which the market is segmented. Here the battery electric vehicles held a larger market share followed by plug-in hybrid electric vehicles.
China, India, South Korea, and Japan have formed a few major countries in the Asia Pacific that has contributed to the overall market growth. The Asia Pacific has seen huge investments in the last few years with significant foreign investment coming from large car manufacturers. Availability of cheap labor, infrastructural development along with subsidized government policies to boost the car manufacturing sector have been a few major regions that have determined the high growth of Asia Pacific in wireless EV charging market.
Key Highlights:
• Asia Pacific Wireless EV Charging market size analysis and forecast
• Comprehensive study and analysis of market drivers, restraints, and opportunities influencing the growth of the Asia Pacific Wireless EV Charging market
• Wireless EV Charging market segmentation on the basis of component, application, power supply range, charging type, vehicle type, and geography
• Wireless EV Charging market strategic analysis with respect to individual growth trends, future prospects along with a contribution of various sub-market stakeholders have been considered under the scope of a study
• Wireless EV Charging market analysis and forecast for major countries has been provided.
• Profiling of key industry players, their strategic perspective, market positioning and analysis of core competencies
• Competitive landscape of the key players operating in the Wireless EV Charging market including competitive developments, investments, and strategic expansion
Years that have been considered for the study are as follows:
• Base Year – 2016
• Estimated Year – 2017
• Forecast Period – 2017 to 2024
For company profiles, 2016 has been considered as the base year. In cases, wherein information was unavailable for the base year, the years prior to it have been considered.
Research Methodology
Bloomberg, Hoovers, and Factiva are some of the paid databases referred in order to gain insights about the Wireless EV Charging market. Opinions from experts along with other stakeholders from major market players have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the regional and country-wise size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Wireless EV Charging market globally.
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Some of the key players of the Asia Pacific Wireless EV Charging market include:
• Plugless
• Zhejiang VIE
• Evatran
• Elix
• Nissan
• Toyota
• Shindengen
• Qualcomm
• Nichicon
• Olev Technologies
Key Target Audience:
• Industry associations and experts
• The automobile industry and related end-user industries
• Electric vehicle manufacturers and component suppliers
• Wireless charging system manufacturers and component suppliers
• Electric vehicle hardware suppliers
• Automotive Parts Manufacturers’ Association (APMA)
Scope of the Report:
The research report segments Asia Pacific Wireless EV Charging market based on component, application, power supply range, charging type, vehicle type and geography.
Wireless EV Charging Market, By Application:
• Home Charging Unit
• Public Charging Station
Wireless EV Charging Market, By Component:
• Base Charging Pad (Transmitter)
• Power Control Unit
• Vehicle Charging Pad (Receiver)
Wireless EV Charging Market, By Power Supply Range:
• 3–<11 kW • 11–50 kW • >50 kW
Wireless EV Charging Market, By Charging Type:
• Stationary Wireless Charging System
• Dynamic Wireless Charging System
Wireless EV Charging Market, By Vehicle Type:
• Plug-in Hybrid Electric Vehicles (PHEV)
• Battery Electric Vehicles (BEV)
Wireless EV Charging Market, By Geography:
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Others
Geographic Analysis
• Breakdown of China Wireless EV Charging market
• Breakdown of Japan Wireless EV Charging market
• Breakdown of India Wireless EV Charging market
• Breakdown of South Korea Wireless EV Charging market
• Breakdown of Australia Wireless EV Charging market
• Breakdown of Others Wireless EV Charging market
MAJOR TOC OF THE REPORT
Chapter One: Asia Pacific Wireless EV Charging Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Asia Pacific Wireless EV Charging Market Competition, by Players
Chapter Four: Global Asia Pacific Wireless EV Charging Market Size by Regions
Chapter Five: North America Asia Pacific Wireless EV Charging Revenue by Countries
Chapter Six: Europe Asia Pacific Wireless EV Charging Revenue by Countries
Chapter Seven: Asia-Pacific Asia Pacific Wireless EV Charging Revenue by Countries
Chapter Eight: South America Asia Pacific Wireless EV Charging Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Asia Pacific Wireless EV Charging by Countries
Chapter Ten: Global Asia Pacific Wireless EV Charging Market Segment by Type
Chapter Eleven: Global Asia Pacific Wireless EV Charging Market Segment by Application
Chapter Twelve: Global Asia Pacific Wireless EV Charging Market Size Forecast (2019-2026)
Browse Full Report with Facts and Figures of Asia Pacific Wireless EV Charging Market Report at: https://www.maximizemarketresearch.com/market-report/asia-pacific-wireless-ev-charging-market/3110/
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