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Wireless Charging Technology for EVs Market Size and Growth
The global market for Wireless Charging Technology for EVs is projected to grow at a CAGR of 28% from 2021 to 2026, reaching a market size of $1.5 billion. The increasing demand for convenient and efficient charging solutions for electric vehicles, coupled with advancements in wireless charging technology, is driving market growth.
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Companies Covered (Covid 19 Impact Covered)
◍ Plugless Power
◍ Volvo
◍ WiTricity
◍ Elix
◍ Momentum Dynamics
◍ Plugless (Evatran)
◍ Toshiba
◍ Bombardier
◍ ZTEV
The competitive landscape of Wireless Charging Technology for EVs market includes companies like Plugless Power, Volvo, WiTricity, Elix, Momentum Dynamics, Plugless (Evatran), Toshiba, Bombardier, and ZTEV. These companies utilize wireless charging technology to streamline charging processes, improve user convenience, and drive growth in the EV market.
Sales revenue figures: WiTricity: $10 million, Momentum Dynamics: $5 million, Toshiba: $7 million.
