In-car wireless
charging is a fast-emerging technology for modern cars. In-car wireless
charging is based on wireless technology which enables the wireless transfer of
electrical charge from a charging device or node to the recipient device such
as smart-watches,
smart-phones, and music players by using charging transmitters & receiver
pads. These
charging devices are highly adopted in electric vehicles, fuel-based luxury
cars, and premium vehicles.
According to
study, “Global In-Car
Wireless Charging Market, By Technology (Inductive Power Transfer, Conductive
Charging and Magnetic Resonance Charging), By Charging Standard (Qi Standard
and PMA Standards), By Device Type(Smartphones and Other Devices), By Vehicle
Type (Fuel Based, Electric Vehicle and Hybrid Vehicles), By Distribution (OEM
and Aftermarket),By Region: Forecast to 2023” the key companies operating in
the global in-car
wireless charging market are Hella KGaA Hueck & Co., Put2Go, ZENS, Samsung Electronics Co., Ltd, Toyota
Motor Corp., Infineon Technologies AG, Mercedes Benz, General Motors, Qualcomm
Technologies, Inc., Powermat Technologies Ltd, The Ford Motor Company, The
Hyundai Motor Company, Jaguar, BMW AG, Apple Inc., PowerSquare, Mojo Mobility,
Inc., Aircharge, WiTricity Corporation. The key vendors are competing based on cost, reliability,
quality, and aftermarket service.
Based on
technology, global in-car wireless charging market is segmented into inductive
power transfer, magnetic resonance charging and conductive charging. Inductive
power transfer is further sub-segmented into low powered inductive power
transfer and high powered inductive power transfer. Based on charging
standards, market is segmented into PMA (Power Matters Alliance) standard and
Qi (open interface) standard. Based on device, market is segmented into smart-phones,
MP3/WAV players, tablets and other devices. Based on vehicle type, market is
segmented into electric vehicle, fuel based vehicle and hybrid vehicle. Based
on distribution channel, market is segmented into retail pharmacy, hospital
pharmacy and online pharmacy. In addition, based on end-use application, market
is segmented into sports car, mid-segment & basic cars and premium &
luxury cars.
The in-car
wireless charging market is driven by increase in demand for hassle free
charging solution, followed by emergence of wireless infrastructure, quick advancements
in automotive technology, growth in production of smart automotives, regular
changes in government policies & environmental regulations, strong
competition and rise in demand for luxury & semi-luxury high-performance
vehicle. However, lack of product standardization and consumer concern
regarding infrastructure support may impact the market. Moreover, wireless
charging stations in commercial buildings & shopping centers is a key
opportunity for market.
Based on
geography, the North-America region holds major share in in-car wireless
charging market owing to growth in adoption of cloud technology & internet
of things (IoT) in the region. Asian-Pacific region is expected to witness
considerable growth due to increase in per-capita income and change in
lifestyle over the forecast period. European region is also expected to witness
higher growth rate because of presence of a prominent premium & luxury car
market over the forecast period. In near future, it is estimated that the
market will be reached at fast pace on account of increase in technical innovations.
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