DUBLIN, Sept. 27, 2022 /PRNewswire/ -- The "Global Wireless EV Charging Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
2021 has been a strong year for electric vehicle (EV) sales, with 6.8 million units sold and 9.5% global market penetration, outperforming industry expectations.
The top 5 countries (excluding China) were the US, the Netherlands, France, Germany, and the UK. These include AC/DC, public, and private charge points. As of 2022, the wireless or inductive EV charging market is still in a nascent phase because of a lack of global standards, safety regulations, and established business models.
Despite the impact of chip shortages on production, the industry exceeded 100% YoY growth. Conductive (wired) charging infrastructure grew to more than 500,000 charge points in 2021.
Conductive charging infrastructure is also underdeveloped. Hence, the most likely adopters of wireless EV charging will be premium/luxury EV manufacturers offering it as an add-on feature and the commercial mobility sector. About 90% of wireless charging will be stationary as dynamic (under-road) WEVC requires large-scale investment and an infrastructure overhaul. Of the stationary wireless chargers, 80% will be in private locations, while 20% will be available to the public. They will likely use charging pads rather than underground WPT devices.
Hyundai-Kia's premium sub-brand Genesis is launching its all-new EV called GV60, built on the E-GMP pure electric platform. The GV60 will offer factory-installed WEVC as an optional feature. The WEVC system on the Genesis GV60 will be based on Witricity's wireless charging technology, which is also J2954-compliant.
This is a potential business model for WEVC penetration, particularly into the premium EV market and possibly mass-market EVs, as Witricity endeavors to drive down costs.
Key Topics Covered:
1. Strategic Imperatives
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top 3 Strategic Imperatives on the Wireless Electric Vehicle Charging (WEVC) Industry
Growth Opportunities Fuel the Growth Pipeline Engine
2. Electric Vehicle Market Overview
Electric Vehicles Sold in the Last Decade
Global EV Market, 2021 and 2022E
EV Growth and Penetration - Major Countries
EV Growth and Penetration - Leading OEMs
Commercial EV Market Overview - Battery EVs (BEVs)
EV Charging Infrastructure Development
Summary of Potential EV Charging Models
3. Standards and WEVC Systems
Wireless EV Charging Systems and Methods
Overview of Different Wireless EV Charging Methods
4. WEVC Market Overview 2022
Key EV Market Trends
Wireless Charging For Commercial EVs
OEM Overview - Premium and Luxury EV
Market Developments For WEVC
5. Technology Evolution and Use Case
Adoption of Different Types of Business Models
6. WEVC Market Sizing
Market Estimates in Unit Sales/Installed
Estimated Market Size by Revenue
7. WEVC Company Profiles
Momentum Dynamics' Wireless Charging EV Taxi Project
Magment (High Disruptive Potential)
8. Growth Opportunity Universe
Growth Opportunity 1 - Standardized Aftermarket Solutions to Promote WEVC
Growth Opportunity 2 - IP Licensing Business Model for Faster Time to Market
Growth Opportunity 3 - Electric Road Systems to Provide a New Market for Construction Companies and Utilities
For more information about this report visit https://www.researchandmarkets.com/r/q9s4u6
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
View original content:https://www.prnewswire.com/news-releases/global-wireless-ev-charging-market-analysis-report-2022---wireless-charging-and-autonomous-capabilities-represent-marketable-features-for-the-high-end-luxury-ev-segment-301634178.html
SOURCE Research and Markets