Dynamic Wireless EV Charging System Market size is estimated to be USD 1.2 Billion in 2024 and is expected to reach USD 5.8 Billion by 2033 at a CAGR of 18.5% from 2026 to 2033.
In 2022, the global Dynamic Wireless Electric Vehicle (EV) Charging System market was valued at approximately $236.2 million and is projected to reach around $739.5 million by 2029, reflecting a compound annual growth rate (CAGR) of 17.7% during the forecast period. Regionally, the Americas held the largest market share in 2020, characterized by a significant number of service providers, particularly in the USA. Europe also demonstrated substantial growth, with stringent COâ‚‚ emission targets accelerating the adoption of Dynamic Wireless EV Charging components. The Asia Pacific (APAC) region is expected to experience the highest CAGR, driven by increasing investments in EV infrastructure and government initiatives promoting energy conservation through EVs. The markets expansion is further propelled by the global shift towards sustainable transportation and the rising demand for fast charging infrastructure. In China, for instance, the governments commitment to New Energy Vehicles (NEVs) has led to significant investments in charging infrastructure, enhancing the demand for Dynamic Wireless EV Charging components. Similarly, in the United States, federal and state policies promoting EV adoption have increased the demand for advanced Dynamic Wireless EV Charging components in EV production. These regional dynamics underscore the growing emphasis on reducing carbon emissions and the pivotal role of Dynamic Wireless EV Charging systems in facilitating the widespread adoption of electric vehicles globally.
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Robert Bosch GmbH (Germany)
Continental AG (Germany)
Toyota Motor Corporation (Japan)
Toshiba Corporation (Japan)
WiTricity Corporation (U.S.)
Nissan (Japan)
General Motors (U.S.)
Daimler AG (Germany)
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Dynamic Wireless EV Charging System Market
Magnetic Resonance Charging
Inductive Charging
Capacitive Charging
Resistive Charging
Passenger Vehicles
Commercial Vehicles
Heavy-Duty Vehicles
Two-Wheelers
Charging Pads
Power Electronics
Control Systems
Communication Modules
On-road Installation
Parking Lot Installation
Home Installation
Commercial Building Installation
Residential Sector
Commercial Sector
Public Transportation
Fleet Operators
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Dynamic Wireless EV Charging System Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Dynamic Wireless EV Charging System Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Dynamic Wireless EV Charging System Market, By Type
6. Global Dynamic Wireless EV Charging System Market, By Application
7. Global Dynamic Wireless EV Charging System Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Dynamic Wireless EV Charging System Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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