Global Automotive Wireless Power Transfer Systems Market 2023-2030
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Global Automotive Wireless Power Transfer Systems Market 2023-2030

Last Updated:  Apr 25, 2025 | Study Period: 2023-2030

GLOBAL AUTOMOTIVE WIRELESS POWER TRANSFER SYSTEMS MARKET

 

INTRODUCTION

One of the innovative methods for wirelessly transferring electrical energy from a transmitter to a receiver is called a Wireless Power Transfer (WPT). Due to its many advantages over wired connections, WPT is a desirable choice for many industrial applications.

 

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The benefits include the ease of charging, lack of fuss while carrying wires, and smooth power transmission even in harsh climatic conditions. The bulb turned on when high-frequency Alternative Current (AC) potentials were transferred between these two plates.

 

However, some of the problems surfaced when WPT technology was used.

 

GLOBAL AUTOMOTIVE WIRELESS POWER TRANSFER SYSTEMS MARKET DEVELOPMENTS AND INNOVATIONS

This technological advancement called wireless transmission makes it possible to send power between any two sites using wireless connectivity. This idea describes the flow of electromagnetic energy from the source to the loads. This idea is primarily applied in the transfer of electric energy.

 

Even remote locations where a wired connection was challenging to install can now be connected. This technology has been greatly influenced by technological development and the desire to connect remote areas. This technology has a lot of potential.

 

These kinds of cutting-edge technology will be of utmost importance when, as a result of economic cooperation brought on by globalisation, the world will be joined by a single string in the future.

 

COMPETITIVE LANDSCAPE

The market for wireless power transmission is growing primarily due to factors including the expansion of wireless power transmission in consumer electronics and the rise in demand for battery-powered devices.

 

The industry is also growing as a result of ongoing advancements in long-range wireless power transmission.

 

The high cost of wireless power transmission technology, however, restrains the market's expansion throughout the projection period. Contrarily, it is anticipated that the combination of wireless charging with applications for electric car charging will lead to profitable prospects.

 

Toyota Global is a global scale and European developer of the power transfer systems in the market. It has brought in the system, which has user liberated from range anxiety if their battery runs out of charge and the trouble of plugging in charger wires thanks to the technology.

 

Additionally, others claim that BEV technology is not appropriate for vehicles like huge trucks and buses that need lengthy cruising ranges because batteries are typically pricey and heavy. However, if this dynamic wireless power transfer technology can be made a reality, cars that use a lot of energy to drive

 

IntechOpen is part of the component manufacture trending companies in the current industry.  Since this produces superior energy efficiency, the inductive WPT of the resonant type is typically used in medium-high power transfer applications like EV charging.

 

Receiver coils are inserted in the EV, and transmitter coils are buried beneath the road in EV charging applications. WPT can therefore be accomplished through a low-cost inductive coupling between two coils known as a transmitter and a receiver coil.

1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
19Market Segmentation, Dynamics and Forecast by Application, 2023-2030
20Market Segmentation, Dynamics and Forecast by End use, 2023-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix