At 22.5% CAGR, Trends of Wireless EV Charging Market Reviewed with Industry forecast to 2026

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The report on traffic management market is a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about traffic management market size. The estimates featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the traffic management market, including but not limited to: Regional markets, technology, types, and applications.

Global Wireless EV Charging Market is valued approximately at USD 26.71 million in 2018 and is anticipated to grow with a healthy growth rate of more than 22.5% over the forecast period 2019-2026. Wireless charging also known as conductive charging or cordless charging, is a charging which is done by using an electromagnetic field to transmit energy between two objects or points through electromagnetic induction. It is highly necessary to have a charging station to execute the wireless EV charging. This technology is a convenient, consistent, and safe technology to power and charge the electric vehicles. It also provides economical and safer advantages over the traditional charging systems by eliminating the usage of physical cables and connectors. Increasing sales of electric vehicles, rise in demand for energy-efficient sources and increasing infrastructure for fast or dash chargers are the few factors responsible for high CAGR of the market over the forecast period. For instance: it is estimated that global electric vehicles sales totaled about 312,000 in Q1 2018, an increase of 58% compared to Q1 2017, as per the Edison Electric Institute. Also, it is estimated that number of electric vehicles on the road in the United States, is about 8,90,000 in 2018, up from number of electric vehicles of approximately 6,00,000 in 2017. Moreover, rise in demand for semi-autonomous & autonomous vehicles and growing development of wireless charging systems for commercial EVs are the major factor likely to create lucrative growth opportunity to the market in the upcoming years. However, high cost of upgrading to wireless charging technology and slower charging as related to other charging technologies are few factors anticipated to hindering the growth of global Wireless EV Charging market during the forecast period.

The report provides insights on the following sections:

  • Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the Global traffic management Market.
  • Product Development and Innovation: Provides intelligent insights on future technologies, R & D activities, and new product developments in the Global traffic management Market.
  • Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the Global traffic management Market.
  • Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the Global traffic management Market.
  • Competitive Assessment and Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the Global traffic management Market.

Global traffic management industry profile provides top-line qualitative and quantifiable information including: traffic management market share, market size. The profile also contains descriptions of the foremost players including key financial metrics and analysis of competitive pressures within the traffic management market. Essential resource for top-line data and analysis covering the global traffic management market. Includes traffic management market size and segmentation data, textual and graphical analysis of traffic management market growth trends and leading companies.

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report:

  • Continental AG
  • Robert Bosch GmbH
  • Qualcomm, Inc.
  • Bombardier Inc.
  • Toyota Motor Corporation
  • Witricity Corporation
  • Hella KGaA Hueck & Co.
  • Toshiba Corporation
  • ZTE Corporation
  • Elix Wireless

The objective of traffic management market is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The report on traffic management market is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.

Major Highlights from Table of contents are listed below for quick lookup into traffic management Market report

Chapter 1. Competitive Landscape

  • Company market share
  • traffic management Market Competitive analysis of key market players
  • Competitive analysis of other prominent vendors

Chapter 2. Company Profiles

  • Business Overview
  • Financial Data
  • Product portfolio
  • Strategic Outlook
  • SWOT Analysis

Chapter 3. Methodology & Scope

  • Methodology
  • Initial data exploration
  • traffic management Market Statistical model and forecast
  • Industry insights and validation
  • traffic management Market Scope
  • Definition
  • Methodology and forecast parameters
  • Data Sources

Chapter 4. Executive Summary

  • traffic management industry 360º synopsis - 2025
  • traffic management Business trends
  • Region trends

Chapter 5. traffic management industry Insights

  • traffic management Industry segmentation
  • Industry landscape 2025
  • Industry Pitfalls and Challenges
  • Threat of new entrants
  • Threat of substitutes
  • traffic management Market Growth potential analysis

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