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Automotive Inductive Wireless Charging System Market Size, Share & Industry Analysis, By Type (Magnetic Resonance and Electromagnetic Induction), By Application Type (Passenger Cars and Commercial Vehicles) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI105085 | Status : Ongoing

 

KEY MARKET INSIGHTS

The automotive inductive wireless charging system is a technology that allows the power supply to transfer power between two mutually coupled inductors between large air gaps. The magnetic field is only generated in the precise predetermined zone between the two coils and cannot be accessed either by the driver, passengers or the passers-by. A typical inductive power transmission battery charging system consists of three building blocks including a primary power supply, a secondary pick-up controller, and a coupled magnetic structure. Similarly, in the primary coil and the secondary coil, there is a sensor system that can sense the positions of the two coils. With the help of inductive wireless power transmission, there is no need to plug in a power source, which simplifies the charging experience, thus allowing the driver to easily park it at a location equipped with an inductive charger. Subsequently the charging session is automatically activated which reduces the possibility of operating errors or misuse. Drivers are also rest assured knowing that no one will accidentally or maliciously unplug your vehicle during a charging session. Electric vehicle supply equipment has been rapidly developing over the past few years, and several new electric vehicles are entering the global market in a relatively consistent manner. Therefore, more infrastructure needs to be deployed.


Key Market Driver -

Increasing demand for electric vehicles is expected to drive the growth of the market in the forecast period.

Key Market Restraint -

Lack of infrastructure may hinder the growth of the market during the forecast period


Market Segmentation:


Globally, the Automotive Inductive Wireless Charging System market is segmented by type, by application type, and by geographic coverage. Based on type, the market is further segmented into magnetic resonance and electromagnetic induction. The electromagnetic induction holds the major share in the global market. Electromagnetic induction is a process in which a conductor is placed in a specific position where the magnetic field is fixed and the conductor is moving or the magnetic field goes on changing. This creates a voltage or EMF (electromotive force) on the electrical conductor. The automotive inductive wireless charging systems are nowadays relying on the electromagnetic field between two copper coils, which greatly limits the distance between the vehicle and the charging pad. The vehicle type, the market is further segmented into passenger cars and commercial vehicles. The passenger cars and commercial vehicles. The passenger cars segment accounts for a prominent share in the global market. The hybrid electric and fully electric cars are now gaining high traction in the market owing to the rising vehicular emission concerns. Also, the increasing urbanization, improvement in the living standards and rise in the purchasing power in the emerging countries are the sales of electric cars across the globe thus creating high demand for automotive inductive wireless charging system.

Key Players:


Major players operating in the global automotive inductive wireless charging system market include Robert Bosch GmbH, PowerbyProxi, Qualcomm Technologies, Inc., Fulton Innovation LLC, AeroVironment, Inc., WiTricity, ECOtality, Inc., Mojo Mobility, Gill Electronics, and Momentum Dynamics Corporation among others.

Key Insights



  • New Advancements in Automotive Inductive Wireless Charging System

  • Number of Products, Key Countries, 2019

  • New Product Launches, Key Players


Regional Analysis:


Geographically, the Automotive Inductive Wireless Charging System market is segmented into North America, Europe, Asia Pacific, and the rest of the world. Asia Pacific holds the largest share in the global market and is expected to grow further over the forecast period. Developing countries such as India and China are the major contributors in the high sales and production of vehicles in this region. Also, the increasing inclination of people towards electrification of vehicles owed to the rising environmental concerns is boosting the demand for automotive inductive wireless charging system in this region. Europe holds the second largest sher in the global market owing  to the presence of prominent automotive players in this region. Germany, Italy and  France are the dominent countries  in terms of largest automotive market in this region. North America also shows a significant growth in the global market owing to the rapid development of electric cars in this region.

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Segmentation






















 ATTRIBUTE

  DETAILS

By Type



  • Magnetic Resonance

  • Electromagnetic Induction



By Application Type



  • Passenger Cars

  • Commercial Vehicles



By Geography



  • North America (USA, Canada, and Mexico)

  • Europe (Germany, France, U.K., and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)

  • Rest of the World






  • Ongoing
  • 2023
  • 2019-2022

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