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Global Automotive Inductive Wireless Charging Systems Market to Grow at a CAGR of 52.81% During 2017-2021 - Evatran, Momentum Dynamics, Qualcomm Technologies, WiTricity


Albany, NY -- (SBWIRE) -- 08/15/2017 -- EVs, also known as electric drive vehicles, use one or more electric motors for propulsion. The motors are powered by a battery system that is charged by plugging an external power supply when the vehicle is not moving. When the vehicle is on the road, the battery pack is charged in small amounts through regenerative braking. Therefore, these vehicles are referred to as plug-in EVs (PEVs). These vehicles include all EVs, hybrid EVs (HEVs), and plug-in HEVs (PHEVs).

The global automotive inductive wireless charging systems market to grow at a CAGR of 52.81% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global automotive inductive wireless charging systems market for 2017-2021. To calculate the market size, the report considers the revenue generated from the retail sales of haircare products to individual consumers and salons.

The market is divided into the following segments based on geography:
- Europe
- North America

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Technavio's report, Global Automotive Inductive Wireless Charging Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
- Evatran
- Momentum Dynamics
- Qualcomm Technologies
- WiTricity

Other prominent vendors
- Bosch
- AeroVironment
- ChargePoint
- ECOtality
- Fulton Innovation
- Gill Industries
- Mojo Mobility
- PowerbyProxi

Market driver
- Increased sales of PEVs in major regions globally.
- For a full, detailed list, view our report

Market challenge
- High installation cost: 30% costlier than conductive charging.
- For a full, detailed list, view our report

Market trend
- Vehicle-to-grid charging and storage system.
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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