Automotive Inductive Wireless Charging Systems Market (Updated Version Available)

Electric vehicles are gaining importance in modern times because of the rise in global fuel prices and alarming levels of air pollution. There is widespread concern about the negative effects of global warming. In such a scenario the rapid adoption of electric vehicles is seen as the most viable solution. The time taken to charge electric vehicles was one of the major concerns, but with the advent of wireless inductive charging this issue has been resolved. Inductive wireless charging is considered a major breakthrough as it has made the use of plugs and cords redundant. Inductive charging takes place when an electromagnetic field transfers energy between two coils.
Currently, The industry concentration is high, the technical barriers and financial barriers of Automotive Inductive Wireless Charging Systems are also high. The companies in the world that produce Automotive Inductive Wireless Charging Systems mainly concentrate in North America, Europe, Raw materials are also concentrated in these regions. In particular, as the market leader in Automotive Inductive Wireless Charging Systems, Bosch take the global market share of about 44.37% in 2015, other key manufacturers include Qualcomm, Texas Instruments, WiTricity, Fulton Innovation. The production of Automotive Inductive Wireless Charging Systems increased from 2048 K USD in 2014 to 18892 K USD in 2016, with an average growth rate of more than 200%.
In consumption market, the growth rate of global consumption is explosive. North America, Europe, China, Japan, Korea, Taiwan are still the mainly consumption regions, due to the advanced production technology and rapid development of economy. The global market for Automotive Inductive Wireless Charging Systems is expected to reach about 261915 K USD by 2022 from 18892 K USD in 2016.

The report offers detailed coverage of Automotive Inductive Wireless Charging Systems industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Automotive Inductive Wireless Charging Systems by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Automotive Inductive Wireless Charging Systems market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Automotive Inductive Wireless Charging Systems market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Bosch
Qualcomm
Texas Instruments
WiTricity
Fulton Innovation
At the same time, we classify Automotive Inductive Wireless Charging Systems according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Electromagnetic Induction
Magnetic Resonance
Market by Application
Passenger Vehicles
Commercial Vehicles

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive Inductive Wireless Charging Systems market for the forecast period 2021 - 2025?
• What are the driving forces in the Automotive Inductive Wireless Charging Systems market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automotive Inductive Wireless Charging Systems industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?