<h1>Automotive Wireless Charging Market Research Report, Its History and Forecast 2024 to 2031</h1><p>The "<strong><a href="https://www.reliablebusinessinsights.com/automotive-wireless-charging-r1242045">Automotive Wireless Charging Market</a></strong>" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Automotive Wireless Charging market is expected to grow annually by 14.6% (CAGR 2024 - 2031).</p>
<p>This entire report is of 113 pages.</p>
<p><strong>Automotive Wireless Charging Introduction and its Market Analysis</strong></p>
<p><p>The global Automotive Wireless Charging market research report provides insights into the current market conditions of the industry. Automotive Wireless Charging technology allows for the charging of electric vehicles without the need for cables and plugs. The target market for this technology includes electric vehicle manufacturers, charging infrastructure providers, and consumers looking for convenient and efficient charging solutions. Major factors driving revenue growth in the Automotive Wireless Charging market include increasing demand for electric vehicles, government initiatives promoting sustainable transportation, and advancements in wireless charging technology. Key players in the market include WiTricity, Elix, Momentum Dynamics, Plugless (Evatran), Toshiba, Bombardier, and ZTEV. The report's main findings highlight the growing adoption of Automotive Wireless Charging technology and recommend continued investment in research and development to drive innovation and market expansion.</p></p>
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<p><p>The Automotive Wireless Charging market is evolving rapidly, driven by the increasing demand for convenient and efficient charging solutions in the automotive industry. The key types of wireless charging technologies – Electromagnetic Induction, Magnetic Resonance, and Magneto-Dynamic Coupling – are being used to cater to different applications such as Passenger Automotive and Public Transportation Automotive. </p><p>Regulatory and legal factors play a crucial role in shaping the market conditions. As the adoption of wireless charging technology grows, governments around the world are formulating regulations and standards to ensure the safety and interoperability of these systems. Manufacturers and suppliers need to stay abreast of these regulations to ensure compliance and gain a competitive edge in the market. Additionally, legal factors such as intellectual property rights and licensing agreements can impact the market dynamics and influence the competitive landscape. Overall, the Automotive Wireless Charging market offers immense growth opportunities, but players must navigate the evolving regulatory and legal landscape to capitalize on these prospects.</p></p>
<p><strong>Top Featured Companies Dominating the Global Automotive Wireless Charging Market</strong></p>
<p><p>The automotive wireless charging market is a rapidly growing industry that offers convenient and efficient charging solutions for electric vehicles. Some key players in this market include WiTricity, Elix, Momentum Dynamics, Plugless (Evatran), Toshiba, Bombardier, and ZTEV. These companies specialize in developing wireless charging technologies for various electric vehicle models.</p><p>WiTricity is a leader in wireless charging technology and has partnerships with major automakers such as Toyota and Delphi. Elix focuses on wireless charging solutions for commercial fleets, while Momentum Dynamics specializes in wireless charging systems for public transportation vehicles. Plugless (Evatran) offers wireless charging solutions for residential and commercial use, targeting the consumer market.</p><p>Toshiba, Bombardier, and ZTEV also play significant roles in the automotive wireless charging market by providing innovative charging solutions for electric vehicles. These companies contribute to the growth of the market by developing advanced technologies, expanding their product offerings, and entering into strategic partnerships with automakers and other key industry players.</p><p>In terms of sales revenue, WiTricity reported a revenue of $19 million in 2020, while Plugless (Evatran) reported a revenue of $10 million. Momentum Dynamics reported a revenue of $5 million in the same year, indicating strong growth potential in the automotive wireless charging market. Overall, these companies have been instrumental in driving the adoption of wireless charging technologies in the automotive industry and are expected to continue leading innovation in this space.</p></p>
<p><ul><li>WiTricity</li><li>Elix</li><li>Momentum Dynamics</li><li>Plugless (Evatran)</li><li>Toshiba</li><li>Bombardier</li><li>ZTEV</li></ul></p>
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<p><strong>Automotive Wireless Charging Market Analysis, by Type:</strong></p>
<p><ul><li>Electromagnetic Induction</li><li>Magnetic Resonance</li><li>Magneto-Dynamic Coupling</li></ul></p>
<p><p>Automotive wireless charging technology includes electromagnetic induction, magnetic resonance, and magneto-dynamic coupling. Electromagnetic induction involves a coil in the charging pad inducing a current in another coil on the vehicle. Magnetic resonance allows for charging at higher distances and misalignment. Magneto-dynamic coupling involves a rotating magnetic field transferring power to the vehicle. These advancements in wireless charging make it more convenient and efficient for electric vehicle owners, thus boosting the demand for automotive wireless charging systems in the market. The convenience of wireless charging, coupled with faster charging times and ease of use, is driving the growth of this market.</p></p>
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<p><strong>Automotive Wireless Charging Market Analysis, by Application:</strong></p>
<p><ul><li>Passenger Automotive</li><li>Public Transportation Automotive</li></ul></p>
<p><p>Automotive wireless charging is used in passenger vehicles to enable convenient charging of electric vehicles without the need for physical cables. Public transportation vehicles also utilize this technology to provide efficient and seamless charging solutions for buses and taxis. The fastest-growing application segment in terms of revenue is the passenger automotive sector, as more consumers are adopting electric vehicles and demanding wireless charging solutions for their convenience and ease of use. This technology is revolutionizing the automotive industry by providing sustainable and efficient charging solutions for electric vehicles.</p></p>
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<p><strong>Automotive Wireless Charging Industry Growth Analysis, by Geography:</strong></p>
<p>
<p> <strong> North America: </strong>
<ul>
<li>United States</li>
<li>Canada</li>
</ul>
</p>
<p> <strong> Europe: </strong>
<ul>
<li>Germany</li>
<li>France</li>
<li>U.K.</li>
<li>Italy</li>
<li>Russia</li>
</ul>
</p>
<p> <strong> Asia-Pacific: </strong>
<ul>
<li>China</li>
<li>Japan</li>
<li>South Korea</li>
<li>India</li>
<li>Australia</li>
<li>China Taiwan</li>
<li>Indonesia</li>
<li>Thailand</li>
<li>Malaysia</li>
</ul>
</p>
<p> <strong> Latin America: </strong>
<ul>
<li>Mexico</li>
<li>Brazil</li>
<li>Argentina Korea</li>
<li>Colombia</li>
</ul>
</p>
<p> <strong> Middle East & Africa: </strong>
<ul>
<li>Turkey</li>
<li>Saudi</li>
<li>Arabia</li>
<li>UAE</li>
<li>Korea</li>
</ul>
</p>
</p>
<p><p>The growth of the Automotive Wireless Charging market is significant in regions across the globe. In North America, the United States and Canada are witnessing substantial growth. In Europe, countries like Germany, France, the ., Italy, and Russia are showing strong growth. Asia-Pacific, especially China, Japan, South Korea, India, and Australia, is expected to dominate the market with a significant market share. Latin America, including Mexico, Brazil, Argentina, and Colombia, is also experiencing growth. In the Middle East and Africa, countries like Turkey, Saudi Arabia, and the UAE are emerging as key players in the market. The expected market share of the Automotive Wireless Charging market in these regions is projected to be substantial, with Asia-Pacific leading the way followed by North America and Europe.</p></p>
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