Submitted by: Submitted by vasu123
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Category: Business and Industry
Date Submitted: 02/17/2016 10:22 PM
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...