According to the report analysis, ‘North America Wireless Electric Vehicle Charging Market 2020-2030 by Charging Technology, Power Source, Component, Charging Type, Propulsion Type, Vehicle Type, Application, Distribution Channel, and Country: Trend Forecast and Growth Opportunity’ states that Continental AG, Elix Wireless, Evatran Group Inc., Hella Kgaa Hueck & Co., HEVO Inc., Mojo Mobility, Powermat Technologies Ltd, Qualcomm Inc., Robert Bosch GmbH, Texas Instruments Inc., Toshiba Corporation, Toyota Motor Corporation, Witricity Corporation, ZTE Corporation and many more are the foremost companies which presently operating in the North America wireless electric vehicle charging market more proficiently for keep maintaining the governing position, registering the great value of market share, generating the highest percentage of revenue, obtaining the competitive edge and leading the highest market growth by spreading the awareness connected to the applications and advantages of wireless electric vehicle charging, improving the qualitative and quantitative measures of such, analysing the strategies and policies of government as well as contenders, increasing the features and benefits of wireless electric vehicle charging, decreasing the associated prices of such, delivering the better customer satisfaction, implementing the policies of profit making and strategies of expansion, and establishing the several research and development programs.
The OEMs segment and governments are emphasizing on electric vehicles utilization as an effort to decrease the tail pipe emissions. With the growth in demand for electric vehicles, the demand for charging stations is projected to significantly augment in the near future. As the plug-in charging stations take longer hours for charging, the on-the-go wireless electric vehicle chargers can cater to the require and deliver the range extension. The wireless charging has high applications for cars as well as for commercial fleets; thus, influencing the wireless electric vehicle charging market.
The significant aspects impacting the growth of the wireless EV charging market comprise increase in sales of electric vehicles (EVs), rise in requirement for energy-efficient sources as an alternative to fuel, and luxurious integration of technology and slower charging. Further, extreme research in far-field wireless charging technologies, and technological innovations and implementation of smart marketing strategy have a robust impact on the market. Each of these aspects is projected to have a definite impact on the electric vehicle chargers’ market throughout the forecast period.
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In addition, the demonstration is carried out on an electric vehicle with the usage of wirelessly charged inductive device in Satory Versailles, France. Ground Pad is equipped with a high-power electric vehicle charging system, which allows the electric cars to charge their batteries while on the move. These up-to-date trends are projected to propel the growth of the wireless electric vehicle charging market during the near future.
During recent years, the region has emerged as a hub for automobile production. The augmented purchasing power of the population and augmenting the concerns about the environment have triggered the requirement for electric vehicles in the North America region. The concept of decreasing carbon emission by electrifying transportation has caught the consideration of local and national governments. Hence, the usage of electric vehicles has become prevalent in the region. Governments are aiming on delivering the extensive charging infrastructure to encourage the usage of electric vehicles.
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North America Wireless Electric Vehicle Charging Market Demand
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