Global Automotive Inductive Wireless Charging Systems Market 2018-2022 - CAGR to Spike at 106%, but Will Decelerate Owing to a Decrease in Year Over Year Growth - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--May 15, 2018--The “Global Automotive Inductive Wireless Charging Systems Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
The global automotive inductive wireless charging systems market’s CAGR is expected to be close to 106%, however, the market’s growth momentum will decelerate owing to a decrease in the year over year growth.
The report 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.
One trend in the market is on-road dynamic wireless charging systems. One of the key trends in the automotive inductive wireless charging systems market is the introduction of on-road dynamic wireless charging systems. At present, the automotive inductive wireless charging systems are stationery owing to the installation of the charging pads in parking spots.
According to the report, one driver in the market is increasing demand for HEVs and EVs. HEVs and EVs are majorly run by batteries and the battery pack in hybrid vehicles require high endurance to heavy charge owing to sudden braking and heavy discharge for a sudden speed boost.
Further, the report states that one challenge in the market is high installation cost: 30% costlier than conductive charging. Countries that use electric buses and taxis for commercial transportation need to adopt wireless charging systems technology on a large scale. However, the high cost associated with these systems acts as a deterrent.
Key VendorsContinental Evatran Group Momentum Dynamics Qualcomm Technologies WiTricity
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Application
8. Customer Landscape
9. Regional Landscape
10. Decision Framework
11. Drivers and Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/t7bn55/global_automotive?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180515006418/en/
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Related Topics:Telematics and Vehicle Electronics,Electric and Hybrid Vehicles
INDUSTRY KEYWORD: ALTERNATIVE VEHICLES/FUELS AUTOMOTIVE
SOURCE: Research and Markets
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PUB: 05/15/2018 01:25 PM/DISC: 05/15/2018 01:25 PM