Wireless Car Charging Market Applications, Ongoing Trends, Growth Prospects & Challenges by 2019

Wireless Car Charging Market Current Trends, Size, Share, Industry

Analysis, Competitive Intelligence, Growth, Opportunities and Global

Forecasts To 2013 - 2019

The wireless car charging market will reach USD 4.6 billion by 2019. The market will face a

surge due to the rising adoption of electric vehicles. Electric cars are recharged at a charging

station or refuel by using energy stored in rechargeable batteries. This results in less pollution

and creates an environment friendly stance as compared to conventional vehicles.

Wireless charging will enable a new range of services ranging which includes on-board audio

streaming, context-specific notification filtering, and automatic cockpit drill customization. This

move follows the trend of wireless charging incorporated in smartphones. The technology will

move forward if it comes as an existing standard instead of an additional purchase.

Wireless technology lets electric cars charge safely and effectively, increasing the industry

demand of wireless car charging market over the forecast phase (2014-2020). Increased funding

on EVSEs (electric vehicle supply equipment) by the government poses a risk for the growth of

the wireless car charging market. Electric cars do not emit any noise, which could pose a risk to

visually impaired that rely on noises to cross streets.

For further information on this report, please visit http://www.radiantinsights.com/research/wireless-car-charging-market

Network ranges are a problem faced by electric cars. Although companies like Tesla are

optimizing their software and providing better batteries, they are far off from their fueldependent counterparts. Wireless cars will charge in special lanes using electromagnets. But this

can affect normal cars driving in the nearby lane. Offsetting the cost and energy to charge

electromagnets is a challenge faced by the wireless car charging market.

A set of industry standards to boost commercialization as well as to...