The in-car wireless charging market is anticipated to grow by US$13,748 million by 2023 rapidly growing at a CAGR of 40.8% during the forecast period. The global In-Car Wireless Charging Market is driven by consumers’ interest in hybrid and smart cars as well as rapid growth of wireless charging trend. These factors have helped shape the in-car wireless charging market and are expected to boost the growth. Companies in the in-car wireless charging market could also face challenges such as concerns regarding compatibility and high cost. The details covered in the in-car wireless charging market report cover all the aspects of the industry. Analysts studying the in-car wireless charging market have also shared growth projections in the report and have suggested in-car wireless charging market players to plan business strategies accordingly.
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Market Segmentation
The global In Car Wireless Charging Market has been
segmented based on technology, charging standard, device type, and vehicle
type. On the basis of technology, the market for in-car wireless
charging is segmented based on conductive charging and magnetic resonance
charging, inductive power transfer. Additionally, the market on the basis of
charging standard, is segmented into PMA charging standard and QI charging
standard. The global market for in-car wireless charging is also
covered based on device type segment which is further split into smartphone and
other devices. On the basis of vehicle type, the market for in-car
wireless charging is segmented based on fuel-based, electric vehicle, and
hybrid vehicles. Based on distribution, the market is segmented into
aftermarket and OEM.
Factors like innovations in charging as well as high demand
for fast charging and wireless charging in the automobile sector, support the
in-car wireless charging market growth. The performance of the
in-car wireless charging market has also been studied for the past
and current years. Additionally, the in-car wireless charging
market report provides analysis of these segments. The in-car
wireless charging market segmental analysis provided in the report offers
major details about the in-car wireless charging market based on
the data and forecasts till 2023.
Regional Overview
Companies in the In
Car Wireless Charging Market Growth are spread across the world. The
in-car wireless charging market report provides major information
about regional markets of North America, Europe, Asia-Pacific (APAC), and the
rest of the world. The North American in-car wireless charging
market has many companies across the United States, Canada, and Mexico. The
in-car wireless charging market of the Middle East, Africa, and
other regions has also been studied by analysts. The regional analysis of the
in-car wireless charging market can be found in the market research
report. Europe has companies in the in-car wireless charging market
across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis
of the in-car wireless charging market across India, China, and
Japan in the Asia-Pacific region is also presented in the report.
Competitive Landscape
The in-car wireless charging market is supported
by growing use of in-car entertainment systems as well as rapid penetration of
IoT technology and the internet in the automotive sector. The population growth
around the world and increasing demand of in-car wireless charging
market based services and products also support the market growth. However, the
in-car wireless charging market growth can be affected due to
concerns regarding increasing price and lack of awareness. The report covers
all such details which will help companies in the in-car wireless
charging market to strengthen their business plan and improve their product
portfolio. The in-car wireless charging market research report also
provides company profiles of major companies. The company profiles of many
organizations operating in the in-car wireless charging market
report highlights crucial details like company size, revenue growth, and
details of mergers and acquisitions taking place in the in-car
wireless charging market. New companies and established businesses can
plan their strategies based on this data provided in the in-car
wireless charging market research report.
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Industry News
Panasonic Automotive has unveiled the first interactive CES
strongly. The automobile unit of the Japanese company has demonstrated five
innovations that will shape the future of in-car experiences. These innovations
include Wi-Fi towing cameras, surround sound systems and mixed reality HUDs.
Panasonic also launched the first truly wireless wit-fi camera with a range of
1080p at 60 fps and communicates directly to the car's wi-fi system through the
use of the infotainment system screen. It was planned to hold the trailer that
was used to pull to get an excellent view of the road around the vehicle.
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