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Editing: 8; Published: January 2022
Executive Pool: 676
Companies: 46 – Players covered include Bombardier, Inc.; Denso Corporation; Evatran (power without plug); Hevo Power; Mojo Networks, Inc.; Momentum Dynamics Corp; Qualcomm, Inc.; TDK Company; Toshiba Corporation; Witricity Corporation; ZTE Corporation and others.
Cover: All major geographies and key segments
segments: Base station (static, dynamic); Technology (inductive charging, hybrid-inductive charging); Type (hybrid car, electric car)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; and rest of Europe); Asia Pacific; Rest of the world.
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Global wireless car charging market to reach $2.8 billion by 2026
Amid COVID-19 Crisis, Global Wireless Car Charging Market Estimated at US$374.7 millionis expected to reach a revised size of US$2.8 billion by 2026, growing at a CAGR of 39.2% over the analysis period. Hybrid car, one of the segments analyzed in the report, is expected to register a CAGR of 31% and reach US$1.1 billion at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the electric car segment is readjusted to a revised CAGR of 44.2% for the next 7-year period.
The US market is estimated at $163 million in 2021, when China is expected to reach $476.2 million by 2026
The wireless car charging market in the United States is estimated at US$163 million in the year 2021. Chinathe second largest economy in the world, is expected to reach a projected market size of US$476.2 million by 2026 with a CAGR of 38.3% over the analysis period. Other notable geographic markets include Japan and Canada, each predicting growth of 35% and 34.1% respectively over the analysis period. In Europe, Germany is expected to grow at a CAGR of approximately 27.9%. After
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