WIRELESS ELECTRIC VEHICLE CHARGING MARKET ANALYSIS

Wireless Electric Vehicle Charging Market, by Charging Station Type (Commercial Charging Stations and Home Charging Stations), by Component (Base Charging Pad, Power Control Unit, and Vehicle Charging Pad), by Charging Type (Dynamic Wireless Charging System and Stationary Wireless Charging System), by Power Supply Range (3 to <11kW, 11 to 50kW, and above 50 kW), by Vehicle Type (Passenger Cars (PC), Electric Commercial Vehicle (ECV), and Electric Two Wheeler), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

To Be Published : Dec 2024
Code : CMI3101
Formats :
Excel and PDF
Industry : Automotive and Transportation

Market Challenges And Opportunities

Moreover, high initial cost to setup wireless charging infrastructure for charging electric vehicles is the major restraining factor for global wireless EV charging market. For charging an electric vehicle wirelessly the vehicle and charging stations requires installation of vehicle charging pads and base charging pads, which are available at high price. These factors are expected to hamper market growth over the forecast period.