Wireless Electric Vehicle Charging (WEVC) Market - Forecast(2021 - 2026)

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Wireless Electric Vehicle Charging (WEVC) Market
Forecast, Demand Analysis, Market Share, Market
Report (2021-2026)
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• According International Energy Agency (IEA), over
  750 thousand new electric vehicles registration
  was recorded in 2016.
• As the number continued to increase, various
  private and publicly accessible charging
  infrastructures are also continued to be
  developed. Plug-in hybrid electric vehicles
  revenue was valued 19.2m for electric vehicle
  wireless charging market in 2016 and is estimated
  to reach 97m by 2023 growing at a CAGR of 20.21
  throughout the forecast period 2017-2023.
• The utilization of battery powered vehicles is
  significantly growing across the globe due to the
  growing awareness on automotive carbon emissions.

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• Key Takeaways
• Electric vehicle wireless charging is one of the
  most efficient, convenient and easy-to-use
  charging technology for charging electric
  vehicles.
• Wireless power transfer (WPT) using magnetic
  resonance is a rapidly developing technology that
  can overcome the issue of wiring process while
  charging the vehicle and in addition, the
  kilowatts power level (WPT) enables to increase
  the transfer distance from several millimeters to
  several hundred millimeters with a grid to load
  efficiency above 90.  

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By Distribution Channel- Segment
Analysis ElectRoad, a company based out of
Israel is testing out dynamic charging could
power buses and cars on the go. The companys
main aim is to reduce the size of the battery
used by introducing the dynamic charging.
Infrastructure Advancements Electric car
charging infrastructure is thriving in U.S with
investments from more manufacturers in their
electric car programs. Ford announced 4.5
billion investment in electric vehicles as well
as wireless charging station.
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• Wireless Electric Vehicle Charging (WEVC) Market
  Industry Outlook 
• Cree Inc.
• Kyocera Corporation
• MonoCrystal
• Sumco Corp
• Sumitomo Electric Industries, Ltd
• Hitachi Metals Ltd

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Wireless Electric Vehicle Charging (WEVC) Market
- Forecast(2021 - 2026) Learn More About the
Report _at_ https//www.industryarc.com/Report/18529/
wireless-electric-vehicle-charging-market.html
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