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North America Wireless EV Charging Market is expected to reach USD XX Billion by 2024 from USD XX Billion in 2016 at a CAGR of XX%
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North America 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). Wireless Electric Vehicle Charging is highly efficient, convenient as well as easy-to-use charging technology for Electric Vehicles (EV). Drivers of electric vehicles lie in parking and charging without the need for extra plug-in cables or adaptors. The technology for electric vehicles has been developed and advanced over many years. In the automotive industry, this technology uses resonant magnetic induction for transferring energy wirelessly, from a pad in ground-based to another pad integrated into the vehicle. Wireless charging is an easy sellable item for the luxury car market making it more convenient, more futuristic both in terms of design and service. North America Wireless EV Charging Market in North America is segmented into application, component, power supply range, charging type, vehicle type, and geography. Based on application, the market is divided into a home charging unit and public charging station. Public charging station held the largest market share as compared to the other segment. The growth of electric vehicles along with higher subsidies from government to boost renewable sources of transportation has together boosted the overall market share of public charging station. By component, the market comprises of the base charging pad, a power control unit, and vehicle charging pad. The power control unit is the largest segment on the basis of a component that can be attributed to its high utilities and application across home stations as well as public charging stations. Considering the power supply range segment, the market comprises of 3–<11 kW, 11–50 kW and >50 kW. The 3–<11 kW held the largest segment due to its high usage in the home stations with the >50 kW growing at the fastest rate. The battery electric vehicles and plug-in hybrid electric vehicles are various vehicle type on the basis of which the market is segmented. North America has been a leading market for Wireless EV Charging globally and has been segmented on the basis of countries into US and Canada. US is holding the largest market share with Canada
monitoring one of the highest CAGR. Growing demand for renewable sources of energy for transportation along with stringent government policies to boost the electric cars segments have been a few major drivers that have driven the market for wireless EV charging in North America. Key Highlights: • North America Wireless EV Charging market size analysis and forecast • Comprehensive study and analysis of market drivers, restraints, and opportunities influencing the growth of the North America Wireless EV Charging market • North America Wireless EV Charging Market segmentation on the basis of component, application, power supply range, charging type, vehicle type, and geography • North America 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 • North America 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 North America 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 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 North America Wireless EV Charging Market globally. This Report Is Submitted By @Maximize Market Research Company Customization of the report: Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities. About Maximize Market Research: Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Contact info: Name: Lumawant Godage Organization: MAXIMIZE MARKET RESEARCH PVT. LTD. Email: sales@maximizemarketresearch.com Address:Omkar Heights, Sinhagad Road, Manik Baug, Vadgaon Bk,Pune, Maharashtra 411051, India. Contact: +919607195908